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, recognized Citizens National Bank (CNB), Bluffton, OH as an ICBA industry top performer in its May issue. CNB’s recognition is based on the strength of its competitive banking services and operational efficiencies throughout 2015.
“Whether serving rural, suburban or large metropolitan areas, community banks operate with a focus on their customers and communities,” said Chris Lorence, ICBA’s executive vice president and chief marketing officer. “Citizens National Bank knows their local market and thrives because they stay true to the principles of community banking while showcasing drive, ingenuity and community commitment. CNB demonstrates integrity, enthusiasm and inventiveness in the financial industry, and for that reason ICBA is proud to recognize this community bank and its employees for their outstanding efforts.”
This year’s ICBA top-performers rankings underscore the importance of focusing on serving customers and communities, first and foremost. Delivering superior service, following disciplined pricing models, and supporting their local communities and neighborhoods are trends among those community banks recognized within the rankings. These community banks featured stick to well-known industry fundamentals, while embracing the changing industry landscape.
As part of its annual performance rankings of its member institutions, ICBA pulled year-end FDIC call report earnings data to identify the 25 community banks with the highest return on average assets (ROAA) and return on average equity (ROAE) ratios for all of 2015. Both Subchapter C corporation and Subchapter S corporation institutions in six asset-size categories were recognized.
“Citizens National Bank is delighted to be recognized as an ICBA top performer,” said President/CEO Mike Romey. “We credit our loyal, local customers and dedicated employees for our success and look forward to serving the unique needs of our community and helping it grow and prosper in the years to come.”
To see this year’s ICBA top-performers listings, read the article “The Best of the Best” on ICBA Independent Banker’s website at www.independentbanker.org.
The Independent Community Bankers of America®, the nation’s voice for more than 6,000 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.
Once again, Citizens National Bank has been named a Top Performer by ICBA Independent Banker®, the award-winning magazine of the Independent Community Bankers of America. Each year, the magazine reviews all the community banks in the nation by asset size for earnings and operational efficiencies. As part of its annual recognition, the magazine pulled year-end FDIC data to identify the community banks withthe highest performance metrics – those with the best return on average asset ratios and the best return on average equity ratios. The rankings separately recognize top-performing Subchapter C corporation banks and Subchapter S corporation banks.