Pub. 3 2022 Issue 5

https://financialedinc.com/webinars?a=cbak

The Trust Company of Kansas welcomes Mandi Plunk as Trust Officer for their
Wichita team. Mandi Plunk joined The Trust Company of Kansas (TCK) Wichita
office on June 27, 2022. She will work closely with Vice President & Trust Officer Paul Fowler on the day-to-day administration of his client relationships.

September 1887 135 Years State Exchange Bank Mankato 1898 124 Years Peoples Bank & Trust Co. McPherson 1900 122 Years First State Bank Ransom 1929 93 Years Farmers State Bank Fairview October 1896 126 Years Elk State Bank Clyde 1903 119 Years Haviland State Bank Haviland 1906 116 Years Stockgrowers State Bank Maple Hill 1906

Diamond BHG FinancialBank Compensation Consulting (BCC)ICBASHAZAM, Inc. Sapphire Advanced Business Solution (ABS)Bankers’ Bank of KansasICBA BancardICBA SecuritiesRESULTS Technology Pearl Barret School of BankingCalTechDiebold NixdorfFHLBank TopekaFirst Bankers Banc Securities, Inc.Spencer Fane, LLPTravelersUNICO Group, Inc. Ruby Community Bankers Webinar NetworkFinancial Management Services, Inc.Hyatt Regency, WichitaMPAS&P GlobalWorks24

The 2022 CBA Annual Meeting and Tradeshow was held July 13-15, in Wichita, Kansas. It was a great getaway filled with learning, networking, new connections, and fun alongside your fellow Kansas community bankers and their families. A big thanks to our sponsors. We hope to see you at our next event. For more info, please visit www.cbak.com/events-2.

Now that interest rates are beginning to move up, many bankers are blowing the dust off their adjustable-rate mortgage (ARM) loan offerings. Interest rates for fixed-rate loans have been so low for quite some time, which made them much more appealing to mortgage loan
customers. But now, with rates starting to increase, the lower initial rates of ARM loans are beginning to look more appealing, at least to some borrowers.

The financial press, economic commentators and social media
sites have used a collection of terms this year that convey a certain image of market values for investment securities:
“Plummet,” “Underwater,” “Leaking oil,” and “Nosedive.” I think you get the picture.

In today’s climate, the road ahead feels uncertain. Between growing inflation and fluctuating interest rates, the future
may seem more clouded than ever, leaving us to ponder, “Where’s the crystal ball when you need it?”