POWER OF ATTORNEY

         We, the undersigned  directors of Iowa First  Bancshares  Corp.  hereby
severally  constitute  George A. Shepley and Kim K. Bartling,  and each of them,
our true and lawful attorneys with full power to them, and each of them, to sign
for us and in our name, the capacities  indicated  below,  Annual Report of From
10-K of Iowa First Bancshares Corp. for the fiscal year ended December 31, 1999,
to be filed herewith and any amendments to said Annual Report,  and generally do
all such things in our name and behalf in our  capacities as directors to enable
Iowa First  Bancshares  Corp. to comply with the  provisions  of the  Securities
Exchange Act of 1934 as amended,  and all  requirements  of the  Securities  and
Exchange Commission,  hereby ratifying and confirming our signatures as they may
be signed by our said  attorneys,  or either of them,  to said Annual  Report on
Form 10-K and any and all amendments thereto.

Signature                                 Title                  Date

/s/ Roy J. Carver, Jr.                   Director              February 17, 2000
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Roy J. Carver, Jr.

/s/ Larry L. Emmert                      Director              February 17, 2000
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Larry L. Emmert

/s/ Craig R. Foss                        Director              February 17, 2000
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Craig R. Foss

/s/ Donald R. Heckman                    Director              February 17, 2000
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Donald R. Heckman

/s/ Dean H. Holst                        Director              February 17, 2000
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Dean H. Holst

/s/ David R. Housley                     Director              February 17, 2000
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David R. Housley

/s/ D. Scott Ingstad                     Director              February 17, 2000
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D. Scott Ingstad

/s/ Victor G. McAvoy                     Director              February 17, 2000
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Victor G. McAvoy

/s/ John "Jay" S. McKee                  Director              February 17, 2000
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John "Jay" S. McKee

/s/ Beverly J. White                     Director              February 17, 2000
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Beverly J. White