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Business Bankers

Rick Bastian, President & CEO

Rick Bastian, Chairman & CEO

400 Broad Street, Beloit WI and 2475 N. Perryville Road, Rockford, IL
Toll Free 800.209.2616 | Beloit: Ext 4229 | Rockford: Ext 4633

Rick Bastian joined Blackhawk Bank as President & CEO in May of 2001.  Today he’s the Chairman and CEO of Blackhawk Bancorp, Inc. and its subsidiary, Blackhawk Bank. He has over 40 years of banking experience, including more than 18 years as the president of banks in Tulsa, Oklahoma, Rockford, Illinois and Racine and Kenosha Wisconsin.

Blackhawk Bank specializes in financing smaller, privately-held businesses and is a stalwart supporter of manufacturing in the Rock River Valley. The Business Banking Division and the Company’s board of directors know manufacturing. Together, they’re helping local manufacturers evolve by advising them about restructuring cash-flow, maximizing their existing infrastructure and workforce, sharing best practices with a network of other customers, learning how to maximize negotiation skills, and planning for the eventual transition of business ownership.

In 2013 Rick became a Certified Family Business Advisor (FBA) after completing Succession Planning training in Los Angeles. He has comprehensive knowledge to assist family-owned and closely-held businesses create an exit strategy, succession plan and build an advisory board not only as a means to transition the business in the future, but to also help create a clear roadmap of how the business will operate to reach its goals. In December of ‘14, he also earned the Certified Exit Planning Advisor (CEPA) designation from the University of Chicago Booth School of Business. Bastian is the only financial professional in the Stateline region with both designations.  He understands the importance of the legal and financial elements essential to successful ownership transitions and has advised a number of companies during the process.

Business owners who would like to learn more may call him at 815.877.2039 or 608.299.3400.

Rick is a member of the Greater Beloit Economic Development Council, a past board member of the Stateline United Way and the Stateline Community Foundation. He serves as a director of the Northern Illinois Community Development Corp. and is on the board of the Rockford Area Economic Development Council.  He has served on the boards of a NYSE insurance company, a start-up environmental services company and a number of public and privately-held banks.

Rick’s expertise includes: Strategic Planning | Succession Planning | Advisory Board Development | Exit Strategy | Family Governance | Leadership & Team Development | Mergers & Acquisitions | Lean Manufacturing & Office Principles

Rick and Jayme Bastian reside in Rockford, and are active participants in numerous civic and philanthropic organizations.

Dave Adkins, President & COO

2475 North Perryville Road, Rockford IL and 400 Broad Street, Beloit, WI
Dial Direct: Rockford 815.986.7103 | Beloit  608.299.3473

Dave Adkins has over 30 years’ banking experience.  He joined Blackhawk in 2004 to lead the Mortgage Division and a few years later added executive management of Consumer Banking. In January 2014 he was named the Bank’s Chief Operating Officer, and at the August 2014 Blackhawk Bancorp meeting Dave was appointed President & COO of the Company and the Bank.

Dave oversees strategic objectives, commercial banking, operations, planning, policies and procedures for the organization.  He has managed the bank to a strong position through a company restructure that both improved the efficiency ratio and reduced substandard assets. A forward thinker, Dave is immersed in researching innovative models that can benefit consumers of financial services.  It was this same process that helped navigate the Bank and its clients through the Great Recession, emerging smarter and stronger.

Under Dave’s direction, Bankers undergo continuous improvement processes to maintain first-rate advisory skills. Listening to clients’ concerns and providing relevant solutions is the differentiator in the commoditized banking industry.  A culture of financial education has proven to be the connection to long-term relationships with clients at all stages of their financial life.

Dave’s on the Belvidere School District Charitable Foundation Board and the Board of Growth Dimensions, Boone County’s economic development group. He’s the treasurer of the Belvidere Family YMCA and the Finance Committee Chair for St. James Catholic Church.  Dave is a past Chairman and Treasurer of the Belvidere Vision 100 Referendum Committee, and has held leadership roles with the Boone County 911 Board, the Belvidere Cosmopolitan Club and numerous other community organizations.

Adkins’ expertise includes: Strategic Planning | Asset / Liability Management | Company Profitability Leadership of the Bank’s Sales & Service Culture | Lean Business Practices | Client Development, Retention and Advocacy | Product Development | Expansion of Delivery Channels | Policies and Processes of Regulatory Compliance | Consumer Financial Safety | Local and Regional Economics.

Dave graduated from Illinois Wesleyan and completed the Graduate School of Banking in Madison, WI.  He and his wife Gail reside in Belvidere, lending their time to not-for-profit organizations in volunteer roles. When not engaged in a community or family activity, you’ll find Dave on the golf-course or at the shooting range.

Todd Larson head shot
Todd Larson, Senior Vice President & Chief Credit Officer

2475 N. Perryville Road, Rockford, IL | 815.877.2138

Todd's an expert advisor on business management matters and readily shares his knowledge with clients throughout the bank's market area. He directs Blackhawk's team of Business Bankers, Credit Analysts, Loan Underwriters and Administrative Assistants while developing and managing commercial loan relationships. With more than 33 years of experience in the local business banking arena, Todd's keen insights into the local marketplace position him as a lead member of Blackhawk Bank's Asset/Liability and Loan Committees.

The father of three children, Todd lives in Belvidere where he's an active member of the Belvidere Cosmopolitan Club. His two favorite leisure activities are golfing and enjoying all the activities that go along with being a dad.

Andy Williams head shot
Andy Williams, Senior Vice President Business Banking

2475 N. Perryville Road, Rockford, IL | 815.877.2421

Outstanding banking skills combined with intimate knowledge of the Rockford business scene are two valuable benefits Andy brings to local entrepreneurs. He's a go-getter who's won numerous new clients for the bank and proves his dedication to building relationships by delivering excellent service after the sale. Andy specializes in business banking solutions for manufacturers and healthcare professionals in Rockford and Winnebago County. A former Vice President of Organizational Development at the Rockford Chamber of Commerce, Andy knows nearly every business person in Rockford. Blackhawk acquired his professional sales skills in 2004.

Andy's a member of the Rockford Chamber of Commerce, RMA, and Women of Today's Manufacturing. Andy and his wife Chanin have two children and live in Winnebago. His hobbies include model rocketry, trap shooting, fantasy football and cycling.

Jim Pieschel
Jim Pieschel, Senior Vice President Business Banking

2475 N. Perryville Road, Rockford, IL | 815-986-7154

Jim brings 24 years of banking experience (21 of them in commercial banking) to the bank’s team of experts.  He previously managed a commercial banking division with 13 commercial bankers and loan balances in excess of $400,000,000. He has specialized expertise in Illinois revenue bond financing, as well as financing for manufacturing and the development of senior living communities.

As a management trainee during his first two years in banking, Jim learned how a bank truly operates and how multiple lines of business are engaged to meet the needs of its clients.

Jim serves as a board member of the Crusader Health Foundation and Rockford Lutheran High School Foundation, and is the Co-Chairperson of the University Club of Rockford Scholarship Trust.  He obtained a Bachelor of Arts / Economics degree from the University of Illinois, Urbana/Champaign.

A lifelong Winnebago County resident, Jim, his wife Courtney and their two children reside in Loves Park.  His favorite leisure activities include being entertained by the antics of his kids, listening to classic rock (Rockford’s very own Cheap Trick is # 1 in that book!), golfing, being a fan of University of Illinois athletics, the Cubs, Bears, Blackhawks, and the Bulls.

Steve Parsons, Vice President Business Banking

2475 N. Perryville Road, Rockford | 815.877.2481

Steve has joined the commercial team at Blackhawk, transferring his high-level skills from one great local organization to another.  He spent the last 17 years as the Regional Manager for the Illinois Manufacturing Excellence Center (IMEC) in Rockford, consulting with Northern Illinois manufacturing clients to develop and implement strategies focused on better product quality, cost containment and faster product throughput. He helped clients increase sales and efficiency, improve their safety record and their marketing initiatives.

During his IMEC tenure, Steve worked with business owners and their bank to improve company finances.  He helped create 243 new jobs, retained 1,500 jobs and infused more than $44 Million in new business for local manufacturers.  He brings those experiences and manufacturing expertise to benefit the Bank’s small business clients.

Hear Steve and Lucas Derry, owner of Header Die and Tool talk about business banking services for manufacturers.  

Steve holds a B.S. in Industrial Technology from Illinois State University and an M.B.A. in Total Quality Management from Newport University.  He completed the comprehensive Galliard Family Business Advisor Level One training program at the Galliard Institute in 2012, equipping him to assist family-owned and closely-held businesses with Succession Planning.

Steve and his wife Sharla (Institutional Research @ Rock Valley College) reside in Poplar Grove and are lifelong residents of Boone County. They are actively involved and volunteer at Rockford First Church. Steve enjoys target shooting, motorcycling, flying, bicycling, traveling, museums and anything mechanical that goes fast.

Jim Erdman, Vice President
Jim Erdman, Vice President, Consumer & Business Banking  NMLS # 476504

2475 N. Perryville Road, Rockford |815.986.7186

Jim joined Blackhawk Bank in 2002.  He brings his expertise to the Business Banking Division with over 28 years in the banking industry.  Jim specializes in locally owned and small corporations, and guides his clients in growing their businesses.  In addition to managing the Small Business Banking Division, Jim manages Blackhawk’s Consumer Lending Division and is able to assist clients with their personal lending needs.

Jim earned a Bachelor of Science Degree in Finance from Northern Illinois University, DeKalb, Illinois.  He's an Eagle Scout and serves as Treasurer and Assistant Scoutmaster of Boy Scout Troop 2.  Jim, his wife, Stephanie, and two children reside in Roscoe.  He enjoys spending time outdoors, ATVing, motorcycling, and attending concerts.

Dale Reeves
Dale Reeves, Senior Vice President Business Banking

400 Broad Street, Beloit, WI | 608.299.3422

Dale's a powerful resource for business people who want to strengthen or expand their business. He's a fount of knowledge with more than 30 years of experience in business and consumer banking, investment services and wealth management. He administers a portfolio of long-term, successful clients in the Stateline area while cultivating new business in Beloit and Janesville.

Dale is a former chair of the Stateline United Way Campaign and is a Beloit Health System Foundation Director. Dale and his wife Lisa live in Stoughton, WI where they operate Albion Prairie Orchard, specializing in heirloom apples for making cider and brandy. Their son Patrick resides in Fort Collins Colorado with his wife and son; daughter Alyssa is a Wisconsinite.  Dale's hobbies include scuba diving, cycling, and traveling.

Phil Whitehead Senior Vice President Business Banking

200 West Milwaukee Street, Janesville WI | 608.713.1997

Phil brings 24 years of multi-faceted proficiency in developing commercial banking relationships aided not only by his years of experience in the industry, but also by being licensed as CPA and a Certified Financial Planner.  He has a long history of helping clients develop their business to its fullest potential by providing solid advice, and banking services geared to attaining specific goals.

Hear Phil and Blackhawk Bank client Jamin Arn, owner of Office Pro, Inc. talk about supporting business growth and opportunity.  

Phil earned an Associate’s Degree from UW Wisconsin – Rock County; a Bachelor of Business Administration Degree with an emphasis in Marketing from UW Wisconsin – Whitewater, and a Master of Science Degree with an emphasis in Accounting from UW Wisconsin, Whitewater.

Phil knows the southern Wisconsin region and its business environment intimately: his hometown is Brodhead; he has spent the majority of his banking career working and living in Rock County.

Civic involvement has always been important to Phil and includes Board membership with the Green County Development Corporation; presidency of the New Glarus Area Optimist Club and membership in the New Glarus Lions Club. He served Forward Janesville as a Board member, and was a member of Forward Janesville’s Downtown Development Alliance and the Leadership Development Academy.  He also served as a Board member of the Junior Achievement Board of Rock County.

Phil is married to Lisa, and they are parents of four children.

Cash Management Solutions
Kim Lantta, Vice President Cash Management Solutions

200 West Milwaukee Street, Janesville, WI | 608.473.1391

Kim brings over 16 years of industry experience to Blackhawk Bank, having held positions in both business and consumer banking.  As manager of our Cash Management Solutions team, she's responsible for helping businesses understand and utilize the many cash management products and services we offer. Growing up in a family-owned business in southern Wisconsin allows Kim to have a deep understanding of the challenges facing business owners today, and their need for greater efficiencies.

Kim holds a Bachelor of Business Administration Degree in Finance from UW-Whitewater and is currently attending the Graduate School of Banking at UW-Madison, with program completion in August, 2017. 

Kim currently volunteers with the YWCA of Rock County.  In the past, she has been involved with Janesville Kiwanis, Agrace Hospice, United Way of Rock County, the Arthritis Foundation and was the Secretary for the Downtown Development Alliance. She resides in Edgerton, WI with her two sons; she enjoys attending concerts, watching sports and reading.

Greg Lundquist, Assistant Vice President Cash Management Solutions

2475 N. Perryville Road, Rockford, IL  |  815.986.7146  

With over 11 year of banking experience, Greg is an accomplished banker and an outstanding leader within the organization. His clients reap the benefit of his deep commitment to developing and strengthening relationships, his wealth of knowledge, and his strong ties to the community. 

Greg is responsible for identifying, developing and marketing business cash management solutions and fostering a high level of client satisfaction. He serves as a key member of the client relationship team. 

Greg specializes in streamlining commercial deposit functions by tailoring a product suite that meets the specific needs of each business. Greg is great at showing clients how cash management services can save time and money within their day-to-day business operations, allowing them more time to focus on growing their business and increasing profitability.  

Greg and his wife reside in Rockford. He chairs the Walter Lawson Children's Home golf outing that raises thousands of dollars to help improve the quality of life of children with profound disabilities. Greg is also an active member of local Chambers of Commerce, and participates in community volunteer initiatives like the United Way Day of Caring, Habit for Humanity, and fund-raisers that promote other local charities.

In his free time, Greg's an avid sports fan who also enjoys outdoor activities like golf, fishing and hunting.