Hawthorn Bancshares, Inc. (Hawthorn) is a bank holding company. The Company’s activities are limited to ownership, indirectly through its subsidiary, Union State Bancshares, Inc. (Union), of the outstanding capital stock of Hawthorn Bank (the Bank). Union is a bank holding company. Union’s activities are limited to ownership of the outstanding capital stock of the Bank. The Bank is a full service bank conducting a general banking and trust business, offering its customers checking and savings accounts, Internet banking, debit cards, certificates of deposit, trust services, brokerage services, safety deposit boxes and a range of lending services, including commercial and industrial loans, single payment personal loans, installment loans and commercial and residential real estate loans. The company was incorporated in 1992 and is headquartered in Lee’s Summit, Missouri.
In December the company announced it would participate in the Treasury Department’s Capital Purchase Program. Under the program Hawthorn received $30.3 million in exchange for preferred stock.
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Bailout Bank Bio: Hawthorn Bancshares (Hawthorn Bank)
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Federal Equity Investment |
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Total Revenue |
$79 million (2008) |
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Net Income |
-$30.6 million (2008) |
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Number of Employees |
319 |
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Corporate Headquarters |
Lee’s Summit, Missouri |
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Business Sector |
Bank |
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Officers and Directors |
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Corporate Website |
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Executive Compensation |
No federal contracts located.
No lobbying reports located.
No political contributions located.
No related articles located.
Last Updated May 27, 2009
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