ICBA News Release
FOR IMMEDIATE RELEASE
ICBA Independent Banker Highlights ICBA Top Performers Among Nation’s Community Banks
Washington, D.C. (June 21, 2013)—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.
"Community bankers understand the importance of keeping up with industry advancements, but they also know that the fundamentals of the community bank business model are vital for success,” said Chris Lorence, ICBA executive vice president and chief marketing officer. “The community banks featured on ICBA Independent Banker’s Top Performing Banks list know their local markets and thrive because of that expertise. We congratulate the banks that are highlighted this year and wish them continued success."
This year’s ICBA Top Performers rankings showed the importance of sound and efficient banking practices. As part of its annual recognition of high-performing ICBA member institutions, ICBA Independent Banker pulled year-end FDIC data to identify the 20 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.
To see the ICBA Top Performers listings, read the article "Banking on the Basics" on ICBA Independent Banker’s website at www.independentbanker.org.
The Independent Community Bankers of America®, the nation’s voice for nearly 7,000 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 www.icba.org.