PRESS RELEASE
FOR IMMEDIATE RELEASE
CONTACT:
First Southern Bank
John Dosier, President/CEO
618-997-4341
Southern Illinois
April 17, 2024
Altmix named Chairman of the Board of First Southern Bank and Midwest Community Bancshares, Inc.
Today the Board of Directors of First Southern Bank and Midwest Community Bancshares, Inc. elected Ray Altmix as Chairman of the Boards. Altmix most recently served as Vice Chairman. Altmix replaces Dutch Doelitzsch who is stepping down after successfully leading both board fr over 25 years.
"I would like to recognize Dutch's leadership of the Board of Directors. When Dutch started with the bank it held over $150 million in Assets. First Southern Bank has now grown to $1 Billion in assets and remains focused on customer service and shareholder value. I am grateful to the dedicated Board of Directors for their leadership and support. Over the years I have come to appreciate just how much the board and our valued employees care about this company and the communities we serve. Our success has been made possible by our loyal customers and shareholders who see value in doing business with us." said Altmix.
Altmix assumes the Chairman role for both companies and continues as the Executive Vice President of First Southern Bank. Altmix previously served as President and CEO of The Bank of Marion from 1999-2014 and transitioned into CEO of First Southern Bank from 2014-2019 after the merger of the banks. He began his banking career in 1973 in Quincy, IL and served in officer roles at four other Illinois banks. He has also been an active member of the Community Bankers Association of Illinois serving in various board and leadership roles. In 2023 the Illinois General Assembly passed a House Resolution honoring his 50 years in Banking.
John Dosier, First Southern Bank President and CEO stated "It has been an honor to work with both Dutch and Ray since 2014. Their leadership has been instrumental in the growth of our company, and I look forward to continuing to work closely with Ray as we move forward."
About Midwest Community Bancshares, Inc. and First Southern Bank
MidwesCommunity Bancshares, Inc. is the bank holding company of First Southern Bank, a locally owned and operated Illinois state-chartered bank headquartered in Marion, Illinois. First Southern Bank has assets of approximately $1 Billion as of December 23, 2 and currently operates from 18 locations throughout Southern Illinois. To learn more about First Southern Bank, please visit our website: https://www.firstsouthernbank.net.
Member FDIC First Southern Bank