American Banker's Association Recognizes Dallas-based Oaks Bank Ranks Second in the Country, First in Texas Among Banks with Assets under $100 Million

The ABA Banking Journal, official publication of the American Bankers Association, has released the results of its 2002 survey of the top performing banks in America, and has named The Oaks Bank & Trust Company as second in the country and first in Texas among best-performing non-S banks with total assets under $100 million.

The ABA Banking Journal, official publication of the American Bankers Association, has released the results of its 2002 survey of the top performing banks in America, and has named The Oaks Bank & Trust Company as second in the country and first in Texas among best-performing non-S banks with total assets under $100 million.

This is the second year that Dallas-based Oaks Bank, with current assets of $85 million, has placed second on the ABA Banking Journal list of best-performing banks. Oaks Bank was also recognized in BusinessWeek in 2001 for its premium on customer service.
The new list is published in the July issue of the ABA Banking Journal along with the rankings for subchapter S corporations with under $1 billion in assets, savings and thrifts with under $1 billion in assets, and non-S corporations with total assets between $100 million and $1 billion. Ratings were based on a five-year average return on equity from data provided by SNL Financial LC and the Securities and Exchange Commission.

Six other Texas community banks are named in the 2002 list of best-performing non-S banks with total assets under $100 million, including Eden State Bank in Eden (No. 5), First National Bank in Bellville (No. 7), Citizens State Bank in Princeton (No. 19), Bank of Crowley in Crowley (No. 26), Farmers & Merchants State Bank in Krum (No. 39), and Sundown State Bank in Sundown (No. 40).

About The Oaks Bank & Trust Company
The Oaks Bank & Trust Company is a Dallas-based full-service community bank dedicated to providing small and medium-size businesses, entrepreneurs, and individuals with customized one-to-one banking services. Founded in 1985, and with current assets of $85 million, Oaks Bank is one of the countrys leading independents, rating 2nd in the ABA Banking Journals 2002 list of best performing non-S banks with under $100 million in assets. In addition to loan and other financial services, the bank offers insurance and associated financial services through its affiliate Texas BancPartners Insurance Agency LLC, and commercial and residential mortgage services through its affiliate Parkvest BancGroup. All three companies are part of the Prestonwood BancShares Inc. group. Currently, Oaks Bank operates from five North Texas locations in Dallas, Richardson and Duncanville. More information is available on its award-winning Web site at www.oaksbank.com.

About ABA Banking Journal
ABA Banking Journal is the official publication of the American Bankers Association, and has been published monthly since 1908. The American Bankers Association was founded in 1875 to represent banks of all sizes on issues of national import to financial institutions and their customers.

Note to editors: The 2002 ABA Banking Journal list of top-performing non-S banks with assets under $100 million is available by calling Beth Wilbins at 214-521-8596.