Mid America Bank is going through a change in leadership.
The bank announced Thursday that current President Brian Berhorst will retire at the end of the month. Berhorst is leaving after 25 years with the organization.
In an emailed statement, Berhorst said he’s retiring from the bank to pursue other business opportunities and spend more time with his family.
“I would like to thank the employees and customers for allowing me to serve you for 25 years,” Berhorst said.
During Berhorst’s time with Mid America Bank, headquartered in Wardsville, it has grown from three branches to five and currently serves Cole, Callaway, Osage, Miller and Maries counties. The bank has 90 employees.
Mark Luebbert, current chairman of the board, will take over the position of bank president following Berhorst’s retirement.
Mid America Bank is also in the process of opening its sixth branch, this time in Jefferson City.
Luebbert said they’ve been talking about a Jefferson City branch for some time.
“We’ve got good customer relationships that are in Jefferson City, and we wanted to be more accommodative for those relationships,” Luebbert said. “We’re excited and looking forward to it — serving the Jefferson City community.”
The new location will be at the corner of Edgewood Drive and Stadium Boulevard, across from the Jefferson City Medical Group building. Construction hasn’t begun yet, but Luebbert said the site is being prepared with the hopes construction will start in the next month or so.
Currently, the bank is in the bidding process for a general contractor. Bank officials hope to have the building completed in late 2020.