Mid America Bank announced leadership changes Friday, naming its first executive chairman of the board and its new chief executive officer.
According to a release from the bank, Mark Luebbert, the current president and CEO, will take on the newly- created position of executive chairman of the Board of Directors effective April 1. He will oversee several of the holding company's operations, such as strategic projects, in his new role.
Steve Linton was tapped to replace Luebbert as the new president and CEO. With more than 30 years of banking experience and a year as the bank's executive vice president, he will collaborate with the team at Mid America Bank to work toward business expansion through new opportunities, strategies and operational efficiencies.
Prior to his tenure at Mid America, he worked for several banks in the St. Louis area.
"I am honored to serve in this role for an organization that has such a long legacy of, and vision for, serving the communities where it operates," Linton said in a statement.
Luebbert, who has been with the bank for 16 years, has more than 36 years of banking experience. The bank has grown from $90 million to $850 million in assets throughout his tenure there, the release said. It acquired the Bank of St. Elizabeth earlier this year, its latest business advancement.
"We are delighted to have Steve take over the day-to-day leadership of Mid America Bank," Luebbert said. "Over the last year, Steve has been a great addition to our team, and we're looking forward to his leadership as he guides the bank to its next phase of growth and development."
Mid America Bank is a locally owned and operated bank that has been in business since 1914. It serves Meta, Wardsville, Holts Summit, Linn and Belle in addition to Jefferson City.
Mid America Bank is based at 1511 Friendship Road with another branch at 1200 W. Stadium Blvd.
Learn more online at midambk.com.
Steve Linton