May 12, 2020
American Banker magazine recently unveiled their list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets as of December 31, 2019. Nationally, 511 institutions fit the category for the list this year.
The ranking is based on three-year return on average equity (ROAE), a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders’ equity. The ROAE for the 511 institutions was 8.60%.
Cornerstone Bancorp, Inc. (Tii:CNBP) - Cornerstone took the top spot in Illinois and ranked #64 nationally with a 3-year average ROAE of 11.84%.
Town and Country Financial Corporation (Tii:TWCF) - Town and Country was next on the list among Illinois community banks and ranked #73 nationally with a 11.49% ROAE.
CNB Bank Shares, Inc. (Tii:CNBN) - CNB rounded out the top three in Illinois and ranked #146 nationally with a 3-year average ROAE of 10.01%.
First Robinson Financial Corporation (Tii:FRFC) - First Robinson ranked #203 nationally with a 3-year average ROAE of 9.16%.
First Bankers Trustshares, Inc. (Tii:FBTT) - First Bankers ranked #212 nationally with a 3-year average ROAE of 9.05%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.
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