The Farmers Bank Remains a Top 200 Bank
Frankfort, IN — The Farmers Bank is pleased to announce they have once again been included in the American Banker Magazine’s ranking of the Top 200 Community Banks in the country. American Banker Magazine ranks the best performers based on the bank’s return on average equity over the past three years. This year, The Farmers Bank ranked number 48 with a three-year average Return on Average Equity (ROAE) of 11.79% as of December 31, 2016.
A total of 13 Indiana banks made the American Banker Magazine’s Top 200 Community Bank list. The Farmers Bank ranked 3rd among all Indiana Banks.
President and CEO Karen F. Gregerson stated, “We are pleased to rank in the Top 200 performing banks in the nation for the fourth year running. This designation illustrates our commitment to superior quality and service which in turn has a positive impact on our profitability. The bank’s outstanding performance is the result of the focus and commitment of our Board of Directors, our management team, and our entire staff, who are all to be commended for our performance. We are committed to community banking and the future looks promising. Our vision hasn’t changed; to financially serve our markets in central Indiana and to bring a strong return to our shareholders. We have a vibrant heritage and are honored and humbled to continue this legacy.”
The Farmers Bank is a $550 million asset organization chartered in 1876 with headquarters in Frankfort, IN. The Farmers Bank is locally owned and operated with 10 banking offices located in Central Indiana providing retail, business, trust & asset management, investment, mortgage, and electronic banking services. Member FDIC, Equal Housing Lender.