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Board of Directors

Daniel L. Krienke, Chairman

Daniel Krienke, age 68, is a farmer from Perryton, Ochiltree County, Texas, experienced in both dryland and irrigated farming. He is presently a director of the Texas Grain Sorghum Association and National Sorghum Check-off, as well as a member of the Region A State Water Planning Committee. Mr. Krienke was elected to the board in 1999 and currently serves as Chairman of the Board.

Lyle Miller, Vice Chairman

Lyle Miller, age 64, is an operator in Floydada, Floyd County, Texas. Mr. Miller is one of three partners in Four M Brothers partnership which owns farm land and equipment. He is also one of 5 partners in Miller Farms Texas. He currently serves as president of the Floydada School Board of Trustees. Mr. Miller was elected to the board in 2015 and currently serves as Vice-Chairman of the board.

Don R. James, Director

Don James, age 67, farms in Plainview, Hale County, Texas. He attended Wayland Baptist University and Texas Tech University, and is a past board member of United Farm Industries and Llano Estacado Regional Planning Group. Mr. James was elected to the board in 2004.

Steve Rader, Director

Steve Rader, age 65, manages a family cow calf operation in Ellis County, Oklahoma, as well as Lipscomb County and Canadian, Hemphill County, Texas. He has a Bachelor of Science degree from Oklahoma State University in general agriculture. He is also a partner in RNR Seeding which specializes in reclaiming oil field pipelines and locations. Mr. Rader was elected to the board in 2002.

Dennis Babcock, Director

Dennis Babcock, age 67, is a farmer and rancher in Groom, Carson County, Texas, as well as Gray and Hutchinson counties with his 2 sons, experienced in both dryland and irrigated farming. Mr. Babcock has a Bachelor of Science degree in Ag Economics from West Texas State University. He currently serves as a director of Groom Irrigation Gas, Inc. and is co-owner of Hutchco Farms, Inc. Mr. Babcock was elected to the board in 1998.

Walter "Rusty" Henson, Director

Walter “Rusty” Henson, age 62, is a farmer/rancher from Quitaque, Briscoe County, Texas, for the last 40 years. He has a Bachelor of Science degree in Agribusiness from West Texas State University and currently serves as a director of the Caprock Soil & Water Conservation District. Mr. Henson serves as Chairman of the Audit Committee and was first appointed to the board to fill an unexpired board term in October 2000 and was then elected to the board in 2001.

Perry Kirkland, Director

Perry Kirkland, age 69, is a farmer, stockman, and agribusiness man in Vega, Oldham County, Texas. He owns and is general manager of Kirkland Feedyard, Inc., a 20,000-head custom feeding operation. Mr. Kirkland serves as Chairman of the Compensation Committee and was elected to the board in 2012.

Randy Darnell, Director

Randy Darnell, age 58, is a farmer/stockman in northeast Deaf Smith County and northwest Amarillo, Randall County, Texas. He graduated from Texas Tech University with a Bachelor of Science degree in Ag Economics. He is a member and past president of the Canyon Independent School District board. Mr. Darnell was elected to the board in 2002.

Lea Stukey, CPA, Director-Elected-Director

Lea Stukey, CPA, age 50, is a CPA who is a shareholder/owner of Lewis, Kaufman, Reid, Stukey, Gattis & Co., PC, which is a CPA firm located in Plainview, Hale County, Texas. Her practice consists primarily of tax planning and preparation, payroll services, and business consultation services. She holds a Bachelor of Business Administration degree from West Texas A&M University. Mrs. Stukey was appointed to the board as an outside director in December 2016 and currently serves as Vice-Chairman of the Audit Committee.

Mallory Vestal, Ph.D., Director-Elected-Director

Mallory K. Vestal, Ph.D., age 35, resides in Amarillo, Randall County, Texas. Dr. Vestal is an Associate Professor of Agricultural Business and Economics, Department of Agricultural Sciences at West Texas A&M University since January of 2018, and was an Assistant Professor beginning in 2012. She is also an educational consultant for the National Reining Horse Association. She holds a Doctor of Philosophy in Agricultural Economics and a Master of Science in Agricultural Economics from Oklahoma State University, and a Bachelor of Science in Agribusiness/Equine Industry and Business from West Texas A&M University. Dr. Vestal was appointed to the board as an outside director in December 2016.

Jerrell K. Key

Jerrell K. Key, Director

Jerrell K. Key, age 55, resides in Gruver, Hansford County, Texas, and is the General Manager of Adobe Walls Gin, LP, as well as a farmer/rancher with commodities in cotton, corn and wheat. Mr. Key holds a Bachelor of Science Degree in Agricultural Economics from Texas Tech University and serves on the Hansford County FSA Committee. Mr. Key serves as Vice Chairman of the Compensation Committee and was elected to the board in 2019.

Association Headlines

Financing Your Farming Dream

Your dream is to farm, but you haven't found the lender to help get you started. Plains Land Bank is the right bank to help turn your dream into reality. We understand the farmer's needs and will prove to be a great resource for financing your farming dream.

High School Scholarship Program

We are offering four $2,000 scholarships to four deserving Texas Panhandle high school seniors.

Young, Beginning, Small Farmers : What You Need to Know

How do you know which lender is the right choice to finance your first farm? If you haven't already, you should consider asking a Plains Land Bank lender about our YBS loan program; this loan program is ideal for farmers or ranchers who are just starting out and looking to bring their dream to life.

What are YBS Loans?

Becoming a part of the tradition of Texas Panhandle agriculture can start with small farm loans. YBS loans (Young, Beginning and Small Loans) are loans that are geared toward helping the new generation of ag producers make their land ownership dreams into realities.

Are You Eligible For a Farm Loan?

One of the best things that you can do to learn more about obtaining a farm loan is to align with a bank that can help you navigate the process. There are a lot of misconceptions about a farm loan and who is eligible as a borrower. By partnering with a bank that specializes in farm loans, it will not only increase your knowledge but your success.

The Legacy of Agriculture in Texas and How Farm Credit Keeps It Thriving

Plains Land Bank has helped to build the agricultural legacy in Texas. Whether it was a small family farm loan or a loan for operation expansion, there is no denying that Plains Land Bank loan programs have played a key role in Texas agriculture.

Your Guide to Farm & Ranch Financing

Whether you have an established farm, or if you are looking to obtain one, it is wise to consider your finance options before you commit to a piece of property.

2019 Board of Directors Election Results

Jerrell Key, Dennis Babcock and Don James, candidates for the Plains Land Bank 2019 Board of Directors, were elected or re-elected to a 3 year term beginning in June 2019.

Plains Land Bank Stockholders Participate in Farm Credit Young Leaders Program

The Terhunes, member-borrowers of Plains Land Bank, were among 27 agricultural producers selected for 2018 Farm Credit Young Leaders Program.

Stockholders Gather for Association Business and Patronage

Plains Land Bank customers came together for regional stockholder meetings on March 27 and 29. Customers conducted official business and collected checks for 29.64% of the interest paid in 2017, a total of $7.1 million.

Notice Regarding Frost Bank Lockbox Security Incident

We recently learned that Frost Bank is investigating a security incident involving unauthorized access to electronic check images stored in Frost Bank's lockbox software program that serves about 470 of Frost Bank's commercial customers.

Plains Land Bank Stockholders Participate in 2017 Farm Credit Young Leaders Program

Dane and Lori Mullins of Silverton, Texas, recently learned how Farm Credit uses its cooperative structure and unique funding mechanism to lend support to rural communities and agriculture across the United States. Mr. and Mrs. Mullins represented their lender, Plains Land Bank, at the 2017 Farm Credit Young Leaders Program in Washington, D.C., and New York City.

Stockholders Celebrate 100 Years and $6 Million Patronage

Plains Land Bank customers gathered for regional stockholder meetings on March 28 and 30 and collected checks for 30% of the interest paid in 2016, a total of $6 million.

Plains Land Bank Stockholders Participate in 2016 Farm Credit Young Leaders Program

Justin and Lacee Freeman of White Deer, Texas, recently saw firsthand how Farm Credit's cooperative structure and unique funding mechanism enable it to help rural communities and agriculture thrive.

Plains Land Bank Distributes $6.75 Million in Cash to Customers

Plains Land Bank will distribute $6.75 million of its 2015 earnings to borrowers in early April. Over the past 12 years, Plains Land Bank has returned an average of 23 cents of every dollar that borrowers have paid in interest in the form of patronage checks at stockholders meetings.

Stockholders Re-Elect Directors

At Regional Stockholder meetings held April 5 and 7, stockholders re-elected Don R. James, Dennis Babcock, and Tim Stedje.

Plains Land Bank Stockholder Participates in 10th Annual Farm Credit Young Leaders Program

Steven Ebeling of Plainview, Texas, recently got an inside look at how Farm Credit supports rural communities and agriculture with reliable, consistent credit and financial services.

Scholarship Recipients for 2015-2016

In its eighth year, the Plains Land Bank scholarship program at West Texas A&M University (WTAMU) once again identified four outstanding individuals as scholarship recipients. Students were recognized at the WTAMU Ag Day celebration September 11.

Members Hear Good News at 2015 Regional Stockholder Meetings

This year's regional stockholder meetings, held March 31 and April 2, were marked by positive comments and reports of record-setting financial results, presented by Panhandle-Plains Board Chairman Randy Darnell and Chief Executive Officer Gregg Lloyd.

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