Independent Community Bankers of America recognized Citizens National Bank as an ICBA industry top performer in May. The recognition was published in “Independent Banker” a publication of the organization.
Cob’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 its local market and thrives because it stays 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.”
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.”
