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BankWare would like to congratulate Cascade Bancorp, Franklin Financial, and Coastal Financial Corporation for their success, accomplishment, and national recognition of financial performance over the past five years. US Banker Magazine recently recognized these institutions for the highest profitability amongst banks in their peer groups.

Highlights of the US Banker Profitability Rankings:

 

Cascades Bancorp (Nasdaq: CACB), Bend, Oregon, was ranked #1 nationally for highest return on average equity (ROAE) of 22% in a five year study of 400 community banks with assets from $374 million to $2.0 billion.

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Franklin Financial (Nasdaq: FNFN), Franklin, Tennessee, was ranked #1 nationally for highest return on average equity (ROAE) of 21.45% in a five year period for community banks with assets from $494 million to $671 million.

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Coastal Financial Corporation (Nasdaq: CFCP), Myrtle Beach, SC, was ranked #1 in the Carolinas and #5 nationally based on return on equity and growth in per-share earnings over the past five years in the $673 million to $1.12 billion category. Since going public in October 1990, Coastal’s stock price has appreciated by more than 1,123%.

 

As a business partners with these fine financial institutions, we are proud to share their victories and wish them continued success in the future.

For more information about how BankWare can improve your institution’s profitability, contact Patrick Koster at (205) 408 9998 ext. 224 or pkoster@bankware.net.

To contact or find out more information about these institutions, select a link below.

 

Bank of the Cascades can be found on the web at www.botc.com.

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Franklin National Bank can be found on the web at www.FranklinNetBranch.com.

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Coastal Federal can be found on the web at www.coastalfederal.com.



 

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