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Liberty Bank & Trust Named a Top Performer
- National 'Top 20' Ranking Credits the Bank's Efficiency and Effectiveness
Washington, D.C. (June 29, 2007)-ICBA Independent Banker, the national magazine of the Independent Community Bankers of America (ICBA) highlighted Liberty Bank & Trust, New Orleans, La., as a ?Top 20? industry earnings performer.
Liberty Bank & Trust was recognized for posting one of the 20 best year-end earnings performances in 2006 for ICBA member banks with assets of $250 million to $500 million.
"Community banks are integral parts of the economic and civic fabric of thousands of towns and cities across America," said ICBA Chairman James P. Ghiglieri, Jr., president of Alpha Community Bank, Toluca, Ill. "In addition to offering the quality financial products and services their customers need, community banks like Liberty spend countless hours and resources helping their communities thrive. ICBA congratulates Liberty Bank & Trust for serving its community so efficiently and effectively."
Liberty Bank & Trust was identified in ICBA Independent Banker's annual 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..
Liberty Bank, which has assets significantly larger than those of First American, will offer services that First American could not, McDonald said.
Separate performance rankings are listed for Subchapter S corporation community banks and Subchapter C corporation community banks among five asset categories. For details, visit the online news and media center at www.icba.org and click on Top 20 Best Performers.
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.
About ICBA
The Independent Community Bankers of America, the nation?s voice for community banks, represents the largest constituency of community banks of all sizes and charter types in the nation, and is dedicated exclusively to representing the interests of the community banking industry.
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