Kansas Banking Board Staff Profiles: Highlighting Key Personnel Expertise

• David Herndon brings over 30 years of banking experience, including 22 years as a Kansas City, Kansas bank CEO and leadership roles during the 2008-2009 Great Recession.
• Tim Kemp, Deputy Bank Commissioner since 2001, has held various OSBC examination roles and possesses a strong background in agriculture and public service.
• Jim Payne, also a Deputy Commissioner, joined OSBC in 2004, specializing in nonbank financial examinations and leading significant modernization efforts in licensing processes.
• Herndon, Kemp, and Payne all hold relevant academic degrees and have completed specialized banking school programs.
• Their collective experience spans community banking, regulatory compliance, examination management, and civic leadership, contributing to the robust oversight of Kansas financial institutions.

His initiatives included the digitization of license applications, the expansion of the Nationwide Multistate Licensing System (NMLS), and the introduction of online payment options, all designed to modernize regulatory operations.

The Kansas Banking Board benefits from the extensive and varied professional backgrounds of its key personnel, including seasoned banking executives and dedicated regulatory specialists. These individuals bring decades of experience from both the private financial sector and public service, contributing to the oversight and stability of the state's banking and financial institutions. Their combined expertise spans community bank management, regulatory compliance, examination leadership, and specialized non-bank financial services.

David Herndon, a prominent figure, boasts over three decades of experience in the banking industry, with a significant portion dedicated to community bank management. For 22 years, he served as President and Chief Executive Officer of a Kansas City, Kansas bank, demonstrating long-term leadership in the sector. His executive experience also includes a role as Chief Operating Officer for his bank’s parent holding company, where he was directly responsible for all regulatory reporting and compliance matters. Notably, Mr. Herndon played a crucial role in the establishment of a new bank for the holding company in 2000, showcasing his strategic capabilities in financial institution development. His career began early, working as a part-time paying and receiving teller in a Kansas City, Kansas bank while still in high school, laying a foundational understanding of banking operations.

The Office of the State Bank Commissioner (OSBC) is further strengthened by the contributions of individuals like Tim Kemp, who joined the agency in 2001 and currently serves as Deputy Bank Commissioner. Throughout his tenure, Mr. Kemp has held various critical roles within the OSBC, including Director of Examinations, Review Examiner, and Bank Examiner. His specialized focus as an examiner encompassed examination management, operational oversight, and loan review, providing a comprehensive understanding of regulatory practices.

Mr. Kemp's background extends beyond traditional banking regulation, with deep roots in agriculture. Hailing from Pretty Prairie, Kansas, he grew up assisting on a family farm and later managed a substantial family farm and ranch operation across Butler and Reno counties. This agricultural enterprise involved dryland and irrigated crops, a cow/calf operation, and stockers, an involvement that continues through his children and family. Prior to his OSBC career, he also gained public service experience as a district aide to former Congressman Dan Glickman, adding a unique perspective to his regulatory duties.

Jim Payne, another key member of the OSBC, has contributed to the agency since 2004, following a background in commercial banking at a state-chartered bank in Topeka, Kansas. His regulatory career commenced as a financial examiner, initially focusing on the nonbank sector, specifically mortgage and consumer credit examinations and investigations. His progression within the OSBC saw him advance to Review Examiner and then Regional Manager, where he developed expertise across a diverse range of industries, including mortgage, auto finance, small loan lending, debt buying, debt management, and money transmission.

Mr. Payne's commitment to innovation and efficiency was particularly evident during his six-year term as Director of Licensing. In this role, he spearheaded significant advancements in streamlining processes and enhancing records management. His initiatives included the digitization of license applications, the expansion of the Nationwide Multistate Licensing System (NMLS), and the introduction of online payment options, all designed to modernize regulatory operations. After this period, he returned to leading examination efforts, serving six years as Director of Examinations before his promotion to Deputy Commissioner, effective in 2025. His active participation in national committee work and leadership roles further underscores his dedication to the regulatory field.

The professional development of these individuals is underscored by their academic achievements and specialized training. David Herndon holds a Bachelor’s degree in Business Administration from Baker University and is a graduate of the Bank Administration Institute’s School Banking at the University of Wisconsin – Madison. His leadership extended to the Kansas Bankers Association (KBA), where he served as a director and chaired the organization from 2008-2009, a period marked by significant economic challenges during the Great Recession. Following his KBA chairmanship, he continued his service as a director and board chairman for Banker’s Bank of Kansas. His civic contributions include serving on and chairing the Kansas Board of Indigent Defense Services, active involvement with the Kansas City Kansas Area Chamber of Commerce where he received the inaugural Distinguished Leadership Award, and leadership roles including Chairman of the Board for the Shawnee Area Chamber of Commerce, which awarded him a life membership. He is also Foundation Secretary for the Shawnee Rotary Club.

Tim Kemp earned his Bachelor of Science degree in business administration with an emphasis in economics from Bethel College and attended Kansas State University. He is also a graduate of the Colorado Graduate School of Banking, complementing his practical experience with formal education in banking. These educational foundations, combined with their extensive professional and civic engagements, highlight the comprehensive expertise guiding the Kansas Banking Board staff profiles.

Source: Original reporting via Kansas Banking Board