Farmers State Bank Replaces Legacy Credit Risk Solution with Baker Hill® Statement Analyzer℠

–Integrated platform yields more efficient, effective loan
origination risk assessment —

CARMEL, Ind.–(BUSINESS WIRE)–Baker Hill, a leading provider of technology solutions for common loan
origination, relationship management and smart data analytics, announced
that Marion, Iowa.-based Farmers State Bank has selected its credit and
risk management solution, Statement Analyzer℠. The bank will now have
access to sophisticated financial spreads and data analysis to support
sound decision making for every commercial loan application.

“Leveraging Baker Hill’s integrated, web-based Statement Analyzer
provides the foundation needed in a single platform to improve our
credit risk assessment process and more efficiently process complex
commercial loan requests,” said Bill Fishburn, vice president and credit
manager for Farmers State Bank. “Moving to a modern, credit analysis
solution gives us a competitive advantage, helping us grow our
commercial lending division while mitigating risk and maintaining
regulatory thresholds.”

Using Statement Analyzer, credit analysts can conduct complex ratio
analysis, projections and peer comparisons during the origination
process. The integrated solution facilitates reporting, data collection,
global cash flow, covenants and a credit memorandum, all from a single,
central location. Access to this data allows banks like Farmers State to
more accurately underwrite commercial loans and make stronger credit
decisions, while improving the quality and consistency of the
origination process.

“We’re helping clients drive more profitable lending relationships
through better decisioning,” said Naseer Nasim, president and chief
executive officer from Baker Hill. “Baker Hill’s Statement Analyzer
ensures loans are viable, running through a complex set of variables and
data to mitigate risk. In an increasingly competitive market, this type
of insight positions banks for growth and expansion.”

About Baker Hill

Baker Hill empowers financial institutions to work smarter and drive
more profitable relationships. The company delivers solutions that
streamline origination and portfolio management for business, consumer
direct and indirect lending. Baker Hill also delivers sophisticated
business intelligence and revenue enhancement solutions that support
sound business decisions to mitigate risk and generate growth. Baker
Hill is the #1 provider of member business lending services, serving 600
financial institutions, including more than 20% of the top 150 U.S.
banks and 20% of the top 25 U.S. credit unions. For more information


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Sheryl Gudelsky, 678-781-7229