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Community bank opens to Branson market

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Table Rock Community Bank opens today with $4 million in assets from 99 investors at 1 Lakeshore Drive in Kimberling City.

The bank is the brainchild of Kimberling City attorney Martin J. Studer and St. Louis trust company manager Paul Vogel. Table Rock Community Bank received its state charter June 13, about a year after the founders handpicked Larry L. Price to get the bank off the ground.

Price, the bank’s president and CEO, has worked in Branson’s banking marketplace since 1973. In 22 years, Price helped build Bank of Kimberling City to $64 million in assets before he retired in 1995.

“With the way the area is growing and the new people coming in, there is plenty of room for all of us,” Price said this morning.

Joining Studer and Vogel as founding partners are local businessmen H. Jay Krause, Garrick (Rick) Stumpff and Randall Swanson along with 93 outside investors.

Bank officers include Senior Vice-president/Senior Lender Terry W. Hawn and Vice-president/Cashier Pamela F. Simkins. Hawn brings 29 years of lending experience, most recently with New Era Bank in Fredericktown in southeast Missouri. Simkins, who was born and raised in the Branson area, has worked in banking since 1978, several years with Price at Bank of Kimberling City. She most recently handled operations and deposits at Branson Bank.

Table Rock Community Bank will construct a new building adjacent to its current location with completion set for fall 2007.

The bank, owned by holding company Table Rock Bancshares Corp., offers a full line of personal and business banking services including an automated teller machine, and online and after-hours banking.

“It’s bustling around here,” Hawn said.

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