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Seifried & Brew LLC, a community bank risk management firm, recently released its 2013 Top 15th Percentile of Community Banks. To gain entry into this distinguished ranking, a bank must demonstrate exemplary performance of balancing risk and reward based on the Bank’s S&B Total Risk/Return Composite Ranking. This is no small feat considering that community banks not only survived the Financial Crisis but actually thrived. This supports Seifried & Brew’s belief that conservative, traditional community banking is the strength of our financial system.
Lamar National Bank ranked 19th in the state of Texas and 100th in the United States out of almost 2,200 Subchapter S community banks in the annual ranking by Seifried & Brew. Lamar National Bank was the only Subchapter S bank in Lamar county or any of the surrounding counties in Texas to make the list.
“We are delighted and proud to remain in the top community banks in Texas and the nation again this year according to the esteemed Seifried & Brew. This accolade reflects our staff’s dedication to the principles and values this bank was founded on, that of sound banking and excellence in providing the best customer experience,” said President and CEO Michael Rhodes.