For the first time in its 157 year history, Nodaway Valley Bank’s total loans have surpassed the $1 billion mark. In January, NVB was recognized by the Kansas City Business Journal as one of the fastest-growing commercial lenders in the eight counties comprising the Kansas City metropolitan market.
Nodaway Valley Bank entered the Kansas City Northland in 2020 with a full-service banks in Platte City, and Smithville, followed by a Loan Production Office in Liberty which opened in 2023. Five full-time loan officers serve the Kansas City market. The bank’s loan portfolio has increased 40% during this time and 64% since 2019.
“While a significant part of our loan growth is attributable to our expansion into the Kansas City area, loan volume is up across our entire market area,” commented Seann O’Riley, Executive Vice President and Senior Loan Officer. “It reflects the fact that we are looking for good opportunities to loan money, and when they arise, we’re ready to move.”
The bank’s increase in total resources has closely tracked loan growth, increasing 61% since 2019. Nodaway Valley Bank was recently recognized by Forbes as one of the Best in State banks for the third year in a row.
