As part of the annual year-end performance rankings of ICBA member banks, ICBA Independent Banker pulls call report data from the FDIC to identify the top community banks as measured by return on average assets (ROA) and return on average equity (ROE) ratings for 2010.
The ICBA 400 listing highlights the top 20 community bank performers in 20 asset and tax status categories. To allow for the most equitable peer-to-peer comparisons, top-performing ICBA members are grouped by their Subchapter S corporation and Subchapter C corporation tax filing status. Those groupings are further separated into five asset categories: banks with assets of $50 million or less; banks with assets of $50 million to $100 million; banks with assets of $100 million to $250 million; banks with assets of $250 million to $500 million; and banks with more than $500 million in assets.
All of the community banks listed were formed before 2010 and were ICBA members as of March 1, 2011.