CRBT Announces Leadership Progression

Cedar Rapids, IA, January 15, 2019 – Cedar Rapids Bank & Trust (“CRBT” or the “Company”) today announced several leadership changes to drive its ongoing focus of growth and community into the Company's future:

  • James Klein has been appointed President effective January 15, 2019.
  • Larry Helling remains Chief Executive Officer of CRBT. In addition, Helling will assume the duties of Chief Executive Officer of QCR Holdings, Inc., CRBT’s parent company, effective May 23, 2019. He will continue to reside in Cedar Rapids.
  • John Hall succeeds Klein as Executive Vice President and Chief Lending Officer effective January 28, 2019. Hall rejoins CRBT after serving as Chief Financial Officer for Hawkeye Hotels.

“Today’s organizational announcement is a natural progression in CRBT’s growth,” said Larry Helling. “We have a strong leadership team in place ready to support James through this transition. His ability to connect vision, people and ideas to drive results makes us confident that James is the right person to build upon CRBT’s strong position.”

Klein, a native of Cedar Rapids, has been with the Company for 14 years. He was previously CRBT Executive Vice President and Chief Lending Officer of Commercial Banking, and has held several other key leadership roles throughout his 25-year banking career. Klein will further concentrate on CRBT’s business development goals and assume daily operational duties in his role as president. Klein is recognized as an active community leader, serving as a Board Director for United Way of East Central Iowa (Chair), Theatre Cedar Rapids, Kid’s First Iowa, Daybreak Rotary, and Czech Village-New Bohemia Main Street. He is also a member of the Cedar Rapids Metro Economic Alliance Community Development Council and the Capacity Committee of the Greater Cedar Rapids Community Foundation. Klein received his BBA and MBA from the University of Iowa.

Helling will continue to work closely with Klein on longer-term strategic initiatives for CRBT in his role as CEO. Helling has served as President and Chief Executive Officer since co-founding the Company in 2001 with three other local bankers.

CRBT also announced John Hall will succeed Klein as Executive Vice President and Chief Lending Officer effective January 28, 2019. Hall was previously Chief Financial Officer for Hawkeye Hotels where he led the company’s national acquisition and disposition strategy and managed the loan portfolio. Prior to that, Hall was at CRBT for nine years, where he quickly moved up the ranks to manage a large portion of the Bank’s middle market commercial portfolio. Hall is a native of Charles City, Iowa, and received his bachelor’s degree in Finance from Central College.

“John brings a wealth of experience which uniquely qualifies him to lead the CRBT lending team. We are excited to welcome him back into the CRBT family," said Klein. "As we look forward to the next chapter, continuing to build relationships and provide value to our employees, clients, shareholders and community remains our focus.”

About Cedar Rapids Bank & Trust

Cedar Rapids Bank & Trust was established as a de novo bank in 2001 and provides full-relationship commercial and consumer banking and trust and asset management services. As of September 30, 2018, Cedar Rapids Bank & Trust reported approximately $1.35 billion in assets, and offers five convenient locations across the greater Cedar Rapids area. CRBT is a wholly-owned subsidiary of QCR Holdings, Inc., a publicly traded $4.8 billion asset multi-bank holding company headquartered in Moline, Illinois.