Embassy National Bank Named 15th Best Performing Community Bank in U.S.

Posted on

April 24, 2022

S&P Global Market Intelligence has named Embassy National Bank one of the best performing U.S. community banks, ranking it 15th out of more than four thousand banks under $3 billion in assets. The ranking is based on several metrics, including profitability, efficiency, revenue growth, asset quality, and capital levels.

Teamwork is the key to the high ranking according to bank President, Steven Smith.

“We are honored by the recognition this report has given Embassy National Bank. These results were accomplished by the work our team of bankers put in everyday to operate a high performing bank for our shareholders, our clients and our community,” Embassy National Bank President, Steven Smith, said.

Community banks are classified as banks with up to $10 billion in assets. S&P Global Market Intelligence calculated scores for each bank based on six metrics: pretax return on tangible common equity; efficiency ratio; operating revenue growth; net charge-offs to average loans and leases net of Paycheck Protection Program loans ratio; nonperforming assets and loans 90 days or more past due as a percentage of total assets, net of PPP loans; and leverage ratio. Based on these criteria, Embassy National Bank ranked 15th in the U.S. and 2nd in Georgia.

For more information, the full press release can be found here.

Please click here for more information about the report, “2021 U.S. Bank and Credit Union Rankings” by S&P Global Market intelligence.