Washington, D.C. (June 14, 2010) - ICBA Independent Banker, the national magazine of the Independent Community Bankers of America (ICBA), highlighted Benchmark Bank, Plano, TX as an outstanding “ICBA 400” community bank performer.
The magazine recognized Benchmark Bank for posting one of the best year-ending earnings in 2009 for ICBA member community banks with $250 million to $500 million in assets. This year’s “ICBA 400” highlights the 20 top community bank performers based on two standard banking industry efficiency measures, five bank assest categories and two bank tax-status categories. The magazine compiles its annual member rankings in its June issue from year-end FDIC call report data.
Benchmark Bank was identified in the ICBA Independent Banker year-end ranking of ICBA members based on the standard industry performances measures of return on average assets and return on average equity. “Even though 2009 was a challenging year for the banking industry, community banks like Benchmark Bank continued to serve the needs of their customers and their communities.” said Karen Tyson, ICBA senior vice president of communications. “The ICBA 400 banks are notable for upholding the everyday common-sense values and responsible business practices for which community banks are best known. This is exactly why community banks are the key to Main Street America’s economic revocery and prosperity.”
ICBA Independent Banker is the flagship magazine published by ICBA. The monthly magazine is the only nationally distributed publication that exclusively cover the community bank marketplace. To see the ICBA 400 Top Performers listing, visit http://www.icba,org/files/ICBASites/PDFs/IBcoverstory0610.pdf.
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