Scott City, KS — Security State Bank has been named one of the top 20 agricultural lenders in this month’s issue of Independent Banker, the award-winning magazine of the Independent Community Bankers of America® (ICBA) and the number-one source for community banking news.
“Community banks are pillars of their communities and work hard every day to serve the unique needs of their local customers,” ICBA President and CEO Rebeca Romero Rainey said. “These top lenders should take pride in this recognition, knowing that their work makes a positive impact in helping their communities flourish.”
The July issue of Independent Banker highlights how these top agriculture, commercial, and consumer and mortgage loan producers are navigating the evolving economic environment while meeting the needs of their customers. This year’s standout performers have demonstrated remarkable flexibility and ingenuity while maintaining strong community ties that have contributed to their success and strong, prosperous communities.
“We appreciate this recognition by ICBA Independent Banker, which acknowledges the value of relationship banking and is a testament to the faith of our customers and the hard work and dedication of our talented employees,” said Josh Bailey, CEO. “We’re proud to make a difference in the agricultural industry and look forward to exceeding expectations for our customers.”
Using FDIC data for 2023, Independent Banker calculated a lender score out of 100 for each community bank. The score combines the average of the bank’s percentile rank for lending concentration and loan growth in each lending category over the past year, adjusted for loan charge-offs at certain percentile thresholds.
This year’s standout performers are featured in the July issue of Independent Banker magazine.
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.