Nick Wilmes

CPA. Commercial Lender. Finance Enthusiast.

[Nick Wilmes @WilmesNick]

@Nallysmom @SuperOfMyHome @melkP_29 Maybe in the Denver metro, but definitely not in Northern Colorado

[Nick Wilmes @WilmesNick]

@DadInvest beneficiary defective inheritor's trusts

[Nick Wilmes @WilmesNick]

@DadInvest @ReganCoda I’ve seen someone just under 9 figures at EJ. Middle aged. Sold a blue collar business and was turned off by the GS and MS private bankers that he met as he thought they were too different from him

[Nick Wilmes @WilmesNick]

@JillCastilla And most all with 2-50 employees

[Nick Wilmes @WilmesNick]

@JillCastilla I actually see it quite often. One account being used for everything - operating, payroll, and reserves. Even seen customers say no to a money market to earn interest and keep large uninsured balances in one DDA for simplicity. Insurance/RE agents, contractors, and developers

[Nick Wilmes @WilmesNick]

@Bradleyflowers WR Berkley, Markel, and American Financial Group. Runners up would be RLI and Travelers.

[Nick Wilmes @WilmesNick]

@MaxfieldOnBanks Interesting. He seems to be bringing over a ton of former FirstBank people here in Colorado

[Nick Wilmes @WilmesNick]

@thebankzhar Regarding the insured deposits, is this metric only deposits insured by FDIC? My understanding is, for deposits not covered by FDIC, Massachusetts Depositors Insurance Fund insures them. While not backed by the federal government, wouldn’t they still be insured and more stable?

[Nick Wilmes @WilmesNick]

Always impressed reading $BSVN financial results

[Nick Wilmes @WilmesNick]

@WillManidis Bank of Boston 200 (1784-1984)

Running With Purpose (Brooks)

Invested (Charles Schwab)

[Nick Wilmes @WilmesNick]

@WillManidis The Quiet Company (NW Mutual)

Catching Lighting In A Bottle (Merrill Lynch)

The First National Bank Story (FNBO)

The Gallagher Way

Building Values to Last (Flying J)

A Book About Edward Jones’ History, Values and Culture

The AIG Story

American Express 1850-1950

[Nick Wilmes @WilmesNick]

The Gallagher Way - Alison Kittrell
The New Kings of New York - Adam Piore
Raising the Bar (Gerald Hines) - Mark Seal
The first national bank story - Stephen Szmrecsanyi

3/3

[Nick Wilmes @WilmesNick]

Though I find myself spending more time listening to podcasts, I still read some interesting books in 2025:

Wildcatters - Roger Olien
Shoe Dog - Phil Knight
The Greatest Ever Bank Robbery - Martin Mayer
Skadden - Lincoln Caplan
The Monster - Michael Hudson

1/3

[Nick Wilmes @WilmesNick]

Billionaires Row - Katherine Clark
The Warburgs - Ron Chernow
Meltdown - Duncan Mavon
Ninety Percent of Everything - Rose George
Servants of the Damned - David Enrich
Running with Purpose - Jim Weber
CLO Investing - Shilo Bates
Merchants of Debt - George Anders

2/3

[Nick Wilmes @WilmesNick]

@TimyanBankAlert I’ve been really impressed with this bank and team since meeting them a few years ago. I wish there were more community banks with similar models - focused on credit risk over yield, balance of consumer & commercial loans, minimal wholesale funding, and focused on organic growth

[Nick Wilmes @WilmesNick]

@FinPhilosopher Check out @GiveDirectly they have a lot of good research on their site and are very transparent

[Nick Wilmes @WilmesNick]

@SMB_Attorney 100%

[Nick Wilmes @WilmesNick]

@victaurs $ozk definitely seems attractive to me

[Nick Wilmes @WilmesNick]

@CorpusCol @TimyanBankAlert Banks of a similar size - FNBO does a good job in Northern Colorado. Early indications from mutual customers, SouthState seems to be doing well with Independent’s customer base.

[Nick Wilmes @WilmesNick]

@IgnoreNarrative Justine’s in Loveland is a decent option