A Letter From Our President

Having passion for the success of our communities is in our DNA.

In reflecting on the last few years, 2022 felt like a slow exhale in comparison. While virtual gatherings offer a better way to connect with employees across the FNBO footprint, we were grateful for the opportunity to reconnect in person whenever possible. Collaborations, both among staff and our community partners, felt deeper and more meaningful. Although obstacles remained, the overall sense of hope was restored.

Even as we navigated uncertain waters, our commitment to our employees, customers and communities didn’t waiver. Last year proved to be a remarkable example of how we bring greater long-term value to our communities. One of the finest examples of this is our third consecutive Community Reinvestment Act (CRA) “Outstanding” rating. This unique distinction embodies who we are as a company and is consistent with our vision to be a top performing bank for our communities. We fully recognize this achievement is the result of a bankwide effort that includes how leaders approach decision-making and how our employees focus their efforts to support the greater mission of what we do.

The pandemic and other world events have impacted our organization in many ways. I credit our team for having the courage and passion to approach change as an opportunity to transform for the better. We were able to take what was learned over the last two years to innovate how our purpose shows up in our work and in our communities. From carving more space for employee-led impact to advancing technology across our footprint to enhancing connectivity and drastically lowering waste by improving workspace areas — we made great strides in giving with greater intention, precision and impact than we ever have.

Another milestone worth noting from 2022 is our acquisition of Western States Bank. Our first acquisition in the last 15 years, it reflects our ability to be very intentional and disciplined in how we grow. We spent time in their communities, gained a clear understanding of their culture and witnessed the passion and talent of their team members. While this experience allows us to expand into Wyoming and strengthen our connections to northeast Colorado and western Nebraska, more importantly it expanded our opportunity to have a significant impact on 10 more communities.

Through our people and deep focus on serving as the great big, small bank, we’re leading the way forward in truly meaningful ways.


Clark Lauritzen signature

Clark Lauritzen
Chairman and President