Washington, D.C. (PRWEB) June 03, 2014
In its June issue, ICBA Independent Banker®, the award-winning magazine of the Independent Community Bankers of America® (ICBA) and the nation’s number-one source for community banking news, published its annual listings of outstanding community bank performers.
“Whether it’s a small community bank serving a rural area or a large community bank serving a metro and suburban area, you’ll find they operate with the same focus by always putting their customers and communities first,” said Chris Lorence, ICBA executive vice president and chief marketing officer. “The community banks featured on ICBA Independent Banker’s Top Performers listings know their local markets and thrive because they stay true to the principles of community banking while showcasing drive, passion and ingenuity. We congratulate the banks that are highlighted this year and wish them continued success.”
This year’s ICBA Independent Banker’s Top Performers rankings showed the importance of sticking to well-known industry fundamentals, embracing change and working smartly and effectively. This, partnered with energetically pursing the most meaningful change for their customers, employees and shareholders, was a common theme amongst the highlighted banks.
As part of its annual recognition of high-performing ICBA member institutions, ICBA Independent Banker pulled year-end FDIC data to identify the community banks with the highest performance metrics—those with best return on average asset ratios and the best return on average equity ratios—in six asset-size categories. The rankings separately recognize top-performing Subchapter C corporation banks and Subchapter S corporation banks.
The Independent Community Bankers of America®, the nation’s voice for more than 6,500 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit http://www.icba.org.