Bank Iowa Corporation Board of Directors

Pictured above (l to r): Aaron Hilkemann, John Lisle, Jim Plagge, Robert Duncan, Richard Peterson, Paige Duncan, J.B. Barr, John Reed, Tom Dorr and Tim Minton. Not pictured: Dale Heider.

Paige Duncan

Board Chair

Upon graduating from Northwestern University in 1991, Paige Duncan joined the Bank Iowa Corporation Board of Directors. Duncan has participated in various activities within Bank Iowa including loan reviews, human resource management, investment management and acquisitions. She is the daughter of Bank Iowa co-founder, Robert Duncan.

Robert Duncan

Chairman Emeritus – Duncan Aviation
Co-Founder – Bank Iowa

Robert Duncan, along with his father, Donald Duncan and Harry Barr, co-founded Bank Iowa. Duncan is Chairman Emeritus of Duncan Aviation in Lincoln, Nebraska. Duncan Aviation, one of the world’s largest privately owned business aircraft service organizations, is headquartered in Lincoln Nebraska with over 1,400 employees in over 30 cities across the U.S. 

J.B. Barr

Physical Therapist and Associate Professor of Physical Therapy

J.B. Barr currently works as an Associate Professor of Physical Therapy at Creighton University in Omaha, Nebraska where he has taught physical therapy students since 1998. Barr is the son of Bank Iowa co-founder, Harry Barr.

James L. Plagge

President and CEO

Jim Plagge brings over 30 years of financial services industry experience to Bank Iowa, where he serves as President and CEO. Plagge also serves as the Bank Iowa Corporation President and CEO. He has been active in trade and community organizations his entire career.

Richard Peterson


Dick Peterson has been a practicing lawyer for 52 years. Peterson was Vice President of and General Counsel for Duncan Aviation for nearly 20 of those years. Since Peterson’s retirement from Duncan Aviation, he works part-time providing legal counsel for Crete Carrier, one of the largest privately owned trucking companies in the country.

John Lisle

Chairman of Lisle Corporation

John Lisle served as Lisle Corporation President for 27 years and became Chairman in 2005. At 35, he became president of the company when his predecessor unexpectedly died in 1977. Lisle Corporation, manufacturer of automotive tools, has been a major industry in Clarinda since 1903. Along with its sister company, EZ Way, the companies employ about 310 people.

Aaron Hilkemann

CEO of Duncan Aviation

Aaron Hilkemann was named President and CEO of Duncan Aviation in 1997. Hilkemann provides strategic leadership and direction to Duncan Aviation, Inc. to ensure future development and growth for the enterprise.

Thomas C. Dorr

Consultant, Dorr and Associates

Tom Dorr is the President of Thomas C. Dorr & Associates. The firm specializes in the development of food and agricultural trade, both domestic and international, with a specific focus on China. Before returning to Thomas C. Dorr & Associates in July 2012, Dorr served as president and chief executive officer of the U.S. Grains Council. Prior to joining the Council, Dorr served as USDA Under Secretary for Rural Development, appointed by President George W. Bush. 

Timothy (Tim) E. Minton


Timothy Minton is a certified public accountant and worked for Des Moines-based Principal Life Insurance for 22 years. Minton started his tenure with Principal in the Commercial Real Estate department where he worked from ‘88 to’99. For the next ten years, Minton underwrote and managed a diversified portfolio of structured investments, including venture capital investments for Principal. Tim retired from Principal in 2009 and is now a full-time farmer in the Adel area.

John Reed

CPA and Investor

John Reed serves as the Managing Member of Reed Capital Partners, LLC, an investment company with interests in real estate, private companies and ranching. Previously, Reed was a partner with Arthur Andersen LLP for 32 years. He later joined McCarthy Group, Inc. in 1997 where he served on its Board of Directors and as Chairman of HMG Properties, LLC until he retired in 2005. Reed serves on numerous corporate and philanthropic boards.

Dale Heider


Dale Heider, engineer and co-owner of Jet Company located in Humboldt, IA, helped move the product line from wagon and truck boxes into semi grain trailers when he joined the family owned business. Jet Company’s product line now consists of trailers for agricultural use, over the road construction and various niche markets. Jet Company employs over 100 people and their trailers are marketed throughout the United States.

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