ICBA Independent Banker, the national magazine of the Independent Community Bankers of America (ICBA), highlighted Cameron State Bank as an "ICBA 400 Top Performer," the magazine's annual listing of top earning ICBA member community banks. The trade magazine recognized Cameron State Bank for posting one of the best year-end earnings performances in 2008 for ICBA member banks with more than $500 million in assets.
Cameron State Bank was identified in the year-end ranking of ICBA members based on the standard industry performance measures of return on average assets and return on average equity. The magazine compiles its annual member rankings in its June issue from year-end FDIC call report data. Separate performance rankings are listed for Subchapter S corporation community banks and Subchapter C corporation community banks among five asset categories.
"Community banks are integral parts of the economic and civic fabric of thousands of towns and cities across America," said Karen Tyson, ICBA senior vice president of communications. "In addition to offering the quality financial products and services their customers need, community banks like Cameron State Bank spend countless hours and resources helping their communities thrive. ICBA congratulates Cameron State Bank for serving its community so efficiently and effectively."
ICBA Independent Banker is the flagship magazine published by ICBA. The monthly magazine is the only nationally distributed publication that exclusively covers the community bank marketplace.