U.S. Banker Magazine Names Idaho Independent Bank to the Top 10% of Community Banks
July 6, 2009
By MoneyAisle
An article in dBusiness News reports that Idaho Independent Bank has been ranked 68th out of 1,100 public banks and thrifts with assets under $2 billion by the most recent issue of U.S. Bankers Magazine.
The bank’s Chairman and CEO Jack W. Gustavel said, “By being disciplined and adhering to good banking practices, IIB’s capital, reserves, and long-term performance ratios continue to rank near the top despite the many challenges facing our industry.”
“The ranking is based on return on equity, and IIB was the only bank that has significant operations in Idaho to be named.”