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30 | I NSIGH T • M a y 2 0 15 w w w . i n s i g h t o n b u s i n e s s . c o m BANKING "One of the encouraging things we saw was that investors were interested in investing in us. They like the Fox Valley and our position in it as the biggest locally-owned bank." – M i c h a e l B o e t tc h e r, F N B Ch i e f Fi n a n c i a l O f f i ce r - S e n i o r Vi ce Pre s i d e nt this will help with that, too." FNB Chief Financial Officer-Senior Vice President Michael Boettcher says his bank is hoping for similar results. "We were able to increase our base — not only in dollars, but also in bringing in more shareholders," he says. "One of the encouraging things we saw was that investors were interested in investing in us. ey like the Fox Valley and our position in it as the biggest locally-owned bank." Both Investors Community Bank and FNB plan to use the additional capital raised to increase their lending to other businesses. "We have a lot more opportunities and options when it comes to lending" aer the IPO, Schneider says. Boettcher says the stock sale will help the bank expand its lending base. "We have been on a solid growth pattern, but to do more, we needed more capital. As we grow, we can then help other businesses and the economy in the Fox Valley grow," he says. Schneider hopes more businesses will think of Investors Community Bank as a possible lender when seeking funds for expansion. "Our public profile has definitely been raised by the IPO and I've gotten a lot more calls from people who are looking to expand their businesses," he says. With full-service branches in Manitowoc and Stevens Point and loan processing offices in Fond du Lac, Darlington and Eau Claire, Investors Community Bank is known primarily as an agricultural lender — it's ranked as the No. 39 farm lender in the country, according to the American Bankers Association — but Schneider says it wants to serve more industries and sectors. e bank has been profitable every year since it was founded in 1997 and posted net income of about $7 million in 2013, according to its filing with the U.S. Securities and Exchange Commission. Investors Community www.dkattorneys.com www.dkattorneys.com BROOKFIELD | GREEN BAY | MADISON | MILWAUKEE | OSHKOSH BROOKFIELD | GREEN BAY | MADISON | MILWAUKEE | OSHKOSH Powered by Teamwork. Your Unique Business Needs, Our Innovative Solutions With experience in every Wisconsin industry cluster and the span of corporate law services, Davis & Kuelthau, s.c. is well-positioned to help you succeed—whether a sole proprietorship or a multinational Fortune 500 company. Whether currently buying or selling your business or wanting to strategically plan ahead, our team offers more than mere legal advice. We bring practical, real-world experience to help evaluate all options, take advantage of planning opportunities, and overcome the legal and business pitfalls related to mergers & acquisitions.