The Best of the Best


ICBA’s top-performing community banks work smart, embrace change and focus on the fundamentals

Behind the Numbers

As part of its annual performance rankings of ICBA member institutions, ICBA Independent Banker pulled year-end FDIC call report earnings data to identify the top 25 community banks in six asset-size categories, both for Subchapter C corporation banks and Subchapter S corporation banks. Each top-25 listing measures community banks by their return on average assets (ROA) and return on average equity (ROE) ratios for all of 2013.

To allow for the most equitable peer-to-peer comparisons, ICBA ranked its member community banks in six asset-size categories.

Here are this year’s ICBA ranking of best performing community banks. To allow for the most equitable peer-to-peer comparisons, ICBA ranked its member community banks within these six asset-size categories:

All of the community banks were formed before 2013 and were ICBA members as of Dec. 31, 2013.

Every community bank has its own formula for success, particularly the most successful ones. Yet every year the similarities among ICBA’s annual best-performing community banks begin to stand out.

Whether they’re small community banks serving rural areas or large community banks serving sprawling metropolitan complexes, the most efficient and well-managed community banks typically have common traits. Most operate with a carefully considered game plan. Most intently focus on well-known industry fundamentals—most often delivering superior service while following disciplined pricing models. And most closely monitor and measure their progress toward specific goals while energetically pursuing the most meaningful change for their customers, employees and shareholders.

In print and online, this year’s ICBA Independent Banker coverage of the best industry performers among ICBA member community banks delivers more candid insights directly from the top executives from these institutions than ever before. Each top-performing community bank is smart and steady about what it does. But it’s the passion for problem solving and the creative drive to meeting the financial needs of their customers and communities that also stand out.

Congratulations to this year’s ICBA high-achieving community banks—the best of the best. Their stories demonstrate that the drive, passion and ingenuity have never been stronger within our industry.

Top-Performing Community Banks

Read about many of ICBA’s top industry performers…

1. Community banks with assets of $75 million or less

Currie State Bank in Currie, Minn.
Hershey State Bank in Hershey, Neb.
Dutton State Bank in Dutton, Mont.

2. Community banks with assets of more than $75 million to $150 million

Security State Bank in Sutherland, Iowa
First State Bank of Golva, in Golva, N.D.
Ultima Bank Minnesota in Fosston, Minn.
Commercial State Bank in Wagner, S.D.

3. Community banks with assets of more than $150 million to $300 million

Western Bank in Artesia, N.M.
USNY Bank in Geneva, N.Y.
TS Bank in Treynor, Iowa
The Citizens Bank of Winfield, in Winfield, Ala.
NewBank in Flushing, N.Y.
Vinings Bank in Smyrna, Ga.
Citizens Community Bank in Winchester, Tenn.
Taylor County Bank in Campbellsville, Ky.
Liberty Savings Bank in St. Cloud, Minn.
United Community Bank of West Kentucky in Morganfield, Ky.

4. Community banks with assets of more than $300 million to $500 million

Coastal Commerce Bank in Houma, La.
Clear Lake Bank and Trust Co. in Clear Lake, Iowa
The Peoples Banking Co. in Coldwater, Ohio
Pioneer Trust Bank in Salem, Ore.
Paradise Bank in Boca Raton, Fla.
The HomeTown Bank of Alabama, in Oneonta, Ala.

5. Community banks with assets of more than $500 million to $1 billion

PriorityOne Bank in Magee, Miss.
Somerset Trust Co. in Somerset, Pa.
Choice Financial Group in Grafton, N.D.
Baker-Boyer National Bank in Walla Walla, Wash.
First Bank of Berne, in Berne, Ind.

6. Community banks with assets of more than $1 billion

Morton Community Bank in Morton, Ill.
Pinnacle Bank in Elkhorn, Neb.
First PREMIER Bank in Sioux Falls, S.D.