Photo by George Lauby
Nebraskaland National Bank
SNL Financial released its annual ranking of the ‘Top 100 Best Performing Banks’ of 2013, and NebraskaLand National Bank ranked 32 among community banks with assets between $500 million and $5 billion. Based on the criteria for this category, 784 banks were eligible for the top 100 ranking.
NebraskaLand National Bank, headquartered in Naorth Platte with $530 million in assets, was one three Nebraska banks on the list.
The others, Five Points Bank in Grand Island and Platte Valley Bank and Trust in Scottsbluff, ranked 80 and 81.
SNL ranked the banks using six financial performance metrics that focus on profitability, asset quality and growth in 2013.
The metrics included: return on average tangible assets before tax, net charge-offs as a percentage of average loans, adjusted Texas ratio, efficiency ratio, net interest margin and loan growth.
The numbers for NebraskaLand National Bank were:
• 1.75 return on average tangible assets before tax.
• 0.00 net charge-offs as a percentage of average loans.
• 53.91 efficiency ratio 2.65 adjusted Texas ratio.
• 3.91 net interest margin.
• 23.09 loan growth rate.
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