The Findley Report has recognized Community Bank of Santa Maria with its highest rating of Super Premier Performing for the year 2019. The Findley Report has been providing the banking industry with performance benchmarking since 1967.
In evaluating banks for recognition, The Findley Report focuses on four basic components: growth; return on beginning equity; net operating income as a percentage of average assets; and loan losses as a percentage of gross loans.
Janet Silveria, Community Bank of Santa Maria president/CEO, said she is proud of the bank’s outstanding performance.
“Being named a Super Premier Performing bank is an honor we don’t take lightly,” she said. “We feel it’s a reflection of the financial performance we’re able to achieve while not losing sight of the fact we are here to serve our customers and the community.”
Community Bank of Santa Maria is the only locally owned bank headquartered in Santa Maria, with local decision-making and a focus on providing superior customer service.
The Findley Report is published by The Findley Companies, based in Anaheim. It provides the most comprehensive financial institution analysis materials offering comparison, performance, and evaluation of California’s banking industry.
Community Bank of Santa Maria is a wholly owned subsidiary of Community Bancorp of Santa Maria. Its Their stock is traded on the OTCQX: CYSM. For more information, visit www.yourcbsm.com.