A look at the people behind the numbers in area business:
Noah Wilcox Minnesota Lakes Bank
Title: President and CEO (of parent company Wilcox Bancshares)
Age: 41
Noah Wilcox is marking a homecoming of sorts with the launch of Minnesota Lakes Bank, the new name for the former Crow River Bank locations that his family's fourth-generation bank company recently acquired in the west metro area.
Minnesota Lakes Bank has a mortgage division in Buffalo and locations in Delano and Mound, where Wilcox grew up and graduated from high school. The bank's parent company, Wilcox Bancshares, operates Grand Rapids State Bank, which began business 100 years ago as Warba State Bank.
"It's demographics-driven to a degree," Wilcox said of the acquisition. "The western suburbs certainly meet a lot of the profile characteristics that we're looking at. I didn't go looking to buy a bank where I grew up. In that regard it's a bit of a strange homecoming, but a welcome one."
The move also represents his family's commitment to independent community banks, Wilcox said.
Wilcox joined Grand Rapids State Bank in 1999, after working for a large Wall Street bank for several years in Minnesota and other states. He is a graduate of the University of St. Thomas and the University of Wisconsin-Madison's Graduate School of Banking.