The WCOED congratulates Commercial Savings Bank, headquartered in Upper Sandusky, who has again made the list of the top 200 publicly traded banks in the nation. CSB was ranked #110 on the list compiled by American Banker for 2015, which looked at publicly traded community banks and thrifts with less than $2B in assets and ranked them based on their return on average equity across three years.
American Banker noted that those banks ranking in the top 200 set themselves apart from their peers by making loans rather than keeping costs down. The publication also noted that with the performance of small banks improving overall, it is becoming increasingly difficult to earn a spot on this ranking. To make the list published by American Banker in 2014, institutions had to post a three-year average ROE of 8.66% and this year the cutoff increased to 8.76%. CSB has ranked in the Top 200 consecutively since 2012.
Source: McGeer, B. (2015, April 27). What the Top 200 Publicly Traded Community Banks Do Better Than Peers. American Banker. Retrieved June 3, 2015, from website: http://www.americanbanker.com/news/community-banking/what-the-top-200-publicly-traded-community-banks-do-better-than-peers-1073985-1.html