Communities First Financial Corporation (CFST), the parent company of FFB Bank, has been ranked #4 on American Banker’s list of the Top 200 Publicly Traded Banks under $2 Billion in Assets for 2022. This ranking shows continued improvement for our bank since we took the #6 spot on American Banker’s same list in 2021. As such, we are incredibly proud of the growth that FFB Bank has achieved and are grateful for the honor of being included on this list for another year.

American Banker’s rankings were compiled by the Capital Performance Group, who based its analysis on data from S&P Global Market Intelligence and filings from the Security and Exchange Commission. In particular, the banks’ performances were ranked by their return on average equity (ROAE) from 2020 to 2022. Regarding CFST, we were given our ranking based on an average ROAE of 25.69% over the past three years, and an average ROAE of 31.31% for 2022 alone.

After an especially challenging year for the banking industry, Claude Hanley, a partner at Capital Performance Group, commended the banks who made the top of this year’s list. “These are banks that know their borrowers well, and they aren’t running up the warning flags,” Hanley said.

The fact that FFB Bank’s parent company was not only able to appear on the list for 2021 but reappear in a higher standing for 2022 goes to show that our bank is experiencing continued strength and the ability to remain profitable despite any industry obstacles. Once more, we are grateful to everyone who has supported our bank for helping us achieve this success and appreciative of the high ranking that American Banker has given to CFST.