June 4, 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%.
Oregon Bancorp (Tii:ORBN) - Oregon Bancorp of Salem, Oregon took the top spot nationally with a 3-year average ROAE of 29.40%.
MetroCity Bankshares (Tii:MCBS) - MetroCity of Doraville, GA was next on the list with a 26.47% ROAE.
Bank7 Corp. (Tii:BSVN) - Bank 7 of Oklahoma City, OK rounded out the top three nationally with a 3-year average ROAE of 25.95%.
Thomasville Bancshares (Tii:THVB) - Thomasville of Thomasville, GA ranked #4 nationally with a 3-year average ROAE of 19.82%.
Plumas Bancorp (Tii:PLBC) - Plumas of Quincy, CA rounded out the top 5 nationally with a 3-year average ROAE of 19.63%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.