Tom Page, who’s had a long tenure in Wichita banking leadership, will retire as Emprise Bank president and CEO, the bank said Thursday.
Page’s duties will be assumed Jan. 1 by Emprise chairman Matt Michaelis.
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Page, 64, was hired by Emprise in 1994 as president and CEO.
Under his leadership, the bank has grown its assets from $503 million to $1.7 billion, undertaken a number of acquisitions, including the former Prairie State Bank, and consolidated a number of banks owned by the Michaelis family into one charter. The Michaelis family also owns Emprise.
Before joining Emprise, the Bottineau, N.D., native was president of the former Bank IV’s community banking division. In all he’s spent 37 years in banking.
Page will continue to serve on the Emprise board and as a senior adviser.
“Prior to 1994, we had worked with Tom and knew he was the right person to lead Emprise with his community banking knowledge coupled with his commercial banking and business acumen,” M.D. “Mike” Michaelis said in a news release. “We wish him well in his retirement and we are pleased he will continue to be associated with the bank.”
Matt Michaelis joined Emprise in 2015 following a 15-year career at investment banks, including Salomon Bros. and Greenhill & Co., where he primarily focused on mergers and acquisitions.
“Emprise Bank is in a position of strength based on the foundation that Tom and the team has built over the years,” he said in the release.
Matt Michaelis follows his father, Mike, and grandfather, W.A. Michaelis Jr., in leadership roles at Emprise, which operates 37 full-service branches in Kansas.
Emprise is the Wichita area’s third-largest, locally based bank based on deposits.