DEFIANCE, Ohio, April 28, 2017 /PRNewswire/ -- SB Financial Group, Inc. (NASDAQ: SBFG) ("SB Financial" or the "Company"), a diversified financial services company providing full-service community banking, mortgage banking, wealth management and item processing services, today announced that American Banker named SB Financial as one of its Top 200 Publicly Traded Community Banks and Thrifts.
The publication determines the rankings annually by return on average equity (ROE) across a span of three years for publicly traded banks and thrifts with less than $2 billion in assets. This year, based on the criteria set forth by American Banker, 669 institutions qualified for the ranking.
"We are very pleased to be recognized for the third consecutive year as a Top 200 Community Bank, ranking 145th, up 15 places from 160th in 2016. As reported by the highly respected American Banker publication, this recognition reflects our most recent, three-year average ROE," said Mark Klein, Chairman, President and CEO of SB Financial. "Our financial services team has created an environment for success that includes our shareholders, clients, staff and communities."
American Banker published the ranking as part of its May 2017 issue.
About SB Financial Group
Headquartered in Defiance, Ohio, SB Financial is a diversified financial services holding company with two operating subsidiaries: State Bank and Diverse Computer Marketers (DCM). State Bank provides a full range of financial services for consumers and small businesses, including wealth management, private client group services, mortgage banking and commercial and agricultural lending, operating through a total of 19 banking centers; 18 in nine Ohio counties and one center in Fort Wayne, Indiana, and 24 full-service ATMs. The Company has six loan production offices located throughout the Tri-State region of Ohio, Indiana and Michigan. DCM provides item processing services to community banks located primarily in the Midwest. SB Financial's common stock is listed on the NASDAQ Capital Market under the symbol "SBFG". SB Financial's preferred stock is listed on the NASDAQ Capital Market under the symbol "SBFGP".
In May 2017, SB Financial was ranked #145 on the American Banker Magazine's list of Top 200 Publicly Traded Community Banks and Thrifts based on three-year average return on equity ("ROE").
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SOURCE SB Financial Group