Feb. 10, 2025

Reliabank has a new CEO for the first time in half a century.

Joshua Hogue has succeeded David Johnson, who plans to retire in August after leading the Estelline-based bank for 50 years.

During that time, it expanded from one location to 10 along the Interstate 29 corridor.

“I have always thought of myself as an entrepreneur, and that attitude has helped me to determine the direction of Reliabank,” Johnson said in a statement.

Hogue, who is based in Watertown, has almost two decades of experience in the banking industry. He joined the bank in 2012 and has served as president since 2019.

He said he’s “dedicated to upholding Reliabank’s core values while embracing technological advancements and new opportunities for growth.”

“Beyond providing financial products, our mission will remain focused on building relationships, strengthening local businesses and agricultural producers, and fostering a sense of community where everyone thrives. I am excited to lead Reliabank into its next chapter, ensuring we continue to be a trusted partner for our customers and communities.”

While Hogue will take the helm as CEO, the Johnson family will continue to retain ownership of Reliabank. The bank was founded in 1920 and purchased by Johnson’s father when it was Farmers State Bank of Estelline in 1967.

Johnson’s wife, Jan, will serve as board chairman after he steps down in August.

“I am honored and humbled by the trust the Johnson family has placed in me to carry forward their community banking legacy,” Hogue said. “Community banking isn’t just what I do — it’s who I am.”