Mr. W. Bruce Phelps has been the Chief Financial Officer of Hawthorn Bancshares, Inc. since January 30, 2012. Mr. Phelps has been a Senior Vice President at Hawthorn Bancshares, Inc. since January 2012. Mr. Phelps has been the Chief Financial Officer and Senior Vice President of Hawthorn Bank at Hawthorn Bancshares, Inc. since January 30, 2012. He served as a Senior Vice President and Controller of St. Louis-based Pulaski Financial Corporation and its savings bank subsidiary, Pulaski Bank from October 2009 to January 2012. From July 2008 to September 2009, Mr. Phelps served as Principal of WBP Consulting in providing financial consulting and support services for clients in the St. Louis area. Mr. Phelps served as Chief Financial Officer for Champion Bank, St. Louis, Missouri, from August 2006 to June 2008. He is a member of the American Institute of Certified Public Accountants.