May 28, 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%.
Kentucky Bancshares, Inc. (Tii:KTYB) - Kentucky Bancshares took the top spot in Kentucky and ranked #67 nationally with a 3-year average ROAE of 11.60%.
Boyle Bancorp, Inc. (Tii:BYLB) - Boyle was next on the list among Kentucky community banks and ranked #268 nationally with a 8.41% ROAE.
HFB Financial Corporation (Tii:HFBA) - HFB rounded out the top three in Kentucky and ranked #296 nationally with a 3-year average ROAE of 7.95%.
Citizens National Corporation (Tii:CZNL) - Citizens National ranked #365 nationally with a 3-year average ROAE of 6.30%.
Kentucky First Federal Bancorp (MHC) (Tii:KFFB) - Kentucky First ranked #476 nationally with a 3-year average ROAE of 1.56%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.