FBB:
First Bank of Berne named Indiana's #1 bank first three quarters '09
November 27, 2009
Berne, IN - Just announced by Financial Management Consulting Group, First Bank of Berne has once again been ranked #1 best performing bank in the state of Indiana for the fourth time in the last 18 months. The 3rd Quarter 2009 Indiana Bank Performance Report, which includes rankings for 112 banks in the state was recently publicized, awarding the first place honor to First Bank of Berne.
The quarterly report analyzes banks on various financial factors such as interest margin, efficiency, asset quality (loans) and profits. First Bank of Berne had the best average ranking in all categories for each of the first three quarters in 2009, and for the second quarter in 2008.
To achieve the top overall performance ranking among all banks in the state multiple times is vary rare. Not many banks these days are committed to such superior performance.
"In spite of the tough economy we continue to do very well. We had our best year ever in 2008 and are on track for another record year for 2009," stated First Bank of Berne president, Charles E. Isch. "We have very loyal employees and customers who are deep rooted and know the meaning of safe, secure, and trustworthiness, and how important these qualities are during hard times. We don't have goals of becoming the largest bank in the state or the most profitable, but we always have been a very strong, stable, and efficient bank," Isch said.
With assets of over $400 million, First Bank of Berne operates a total of eight offices in Berne, Decatur, Bluffton, Portland, IN and Van Wert, OH.
Equal Housing Lender |