S&P Rates Oregon Community Bank #1 Community Bank in Wisconsin, #7 in Nation
Oregon Community Bank is again rated the #1 Wisconsin community bank. This top rating was given by S&P Global Market Intelligence's as part of their annual bank rankings,released on March 21st for 2018 bank performance.
This is the second year in a row that Oregon Community Bank received the Top Bank in Wisconsin recognition. It is also the 4thyear in a row that the bank is on the nation’s Top 100 Bank list.
"We see community banks as a critical engine for the overall U.S. economy," J.P O'Sullivan, senior director of financial institutions at S&P, said. "The value that community banks such as Oregon Community Bank continue to provide in their communities and local economies is integral to the growth of businesses and people accessing credit. Oregon Community Bank’s track record of continued excellence is exceptional to see.”
S&P releases an annual ranking of the 100-best performing financial institutions in three categories: community banks with less than $3 billion in assets, banks with assets between $3billion and $10 billion in assets, as well as credit unions. To determine the rankings, S&P considers pretax return on common equity, net charge offs as a percentage of average loans, efficiency ratio, adjusted Texas ratio, net interest margin and loan growth.
In addition to the being the top rating bank in Wisconsin, Oregon Community Bank was rated #7 overall in the nation. There were a total of 4,619 banks and thrifts that were included in the analysis for determining the top banks in this category.
“We are thrilled to be again recognized as Wisconsin’s highest ranked community bank,” Oregon Community Bank President and Chief Executive Office Steve Peotter commented. “Thisrecognition speaks volumes about our clients, our colleagues and the communities that we serve.”