Central Bank Illinois honored
Central Bank Illinois was recently ranked in the 2012 Top 15th percentile of community banks by Seifried and Brew LLC. To be recognized with this ranking, Central Bank demonstrated exemplary performance of balancing risk and reward on the bank’s Seifried and Brew Total Risk/Return Composite Ranking. This in-depth analysis includes an internal evaluation of the bank’s liquidity, capital level, credit risk and earnings report.
In their ranking announcement, Seifried and Brew stated, “Considering the economic headwinds and increasing regulatory reform faced by community banks in recent years, ranking in the Top 15th percentile of community banks is an achievement only attained by top performing banks. At Seifried and Brew, we believe that conservative, traditional community banking is the strength of our financial system, and the Top 15th percentile received by Central Bank is setting the standard of excellence and raising the bar for community banks across the country.”
John Dubois, Central Bank president and CEO, added, “Central Bank is pleased to be recognized as a strong financial institution, allowing us to meet the needs of our customers and the communities served. We thank the community for its support and welcome your relationships.”
Central Bank Illinois is headquartered in Geneseo, with branch offices in Andover, Fulton and Princeton, and a loan production office in Prophetstown. Founded in 1907, the company has grown to more than $469 million in assets and remains committed to community banking.
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