BankSouth Named a “Top Performing Community Bank in the Nation” by ICBA for 5th Consecutive Year

FOR IMMEDIATE RELEASE:
May 12, 2017

MEDIA CONTACT:
Amy Miller
VP, Marketing BankSouth
[email protected]
(770) 709-6785

GREENSBORO, Ga. – BankSouth, a family-owned community bank serving customers in the Lake Oconee, Greensboro, Watkinsville, Athens, Atlanta, and Savannah areas, was once again named a “Top Performing Community Bank in the Nation” by Independent Community Bankers of America for the fifth consecutive year and is featured in Independent Banker’s “ICBA’s 75 Best-Performing Community Banks,” May 2017 issue. BankSouth ranked in the top 25 for financial performance measurements for community banks with $300 million – $1 billion in assets.

“We would like to thank our customers, employees, communities, and partners for helping us achieve this success. It’s a true honor to be recognized as a top performing community bank by the ICBA for the 5th year in a row.” said Harold Reynolds, chairman and CEO of BankSouth.

This year the ICBA changed its methodology to reflect average performance over a three-year period as opposed to a one year period, making those ranked well established in their proven, consistent top performance.

“BankSouth measures our success, not in years, but in generations, and I hope that our consistent strong performance continues to reinforce our commitment to our customers and communities. We are driven to keep refining our processes and focus on efficiencies so that we in turn can better serve our customers. Being a local bank, we strongly believe in the value of local decision making and the reinvestment of customers’ money to benefit the good of the community they call home. This achievement means a lot to BankSouth, but at the end of the day, it’s all about continuous improvement to be able to do what’s right for our customers,” said Reynolds.

Rankings are based on call report data and industry ratios from an average of the past three years. For more information about BankSouth, please visit banksouth.com. For more information about the Independent Community Bankers Association, please visit www.icba.org.

About BankSouth:

Founded in 1946 and headquartered at Lake Oconee, BankSouth is a leading community bank with over $500 million in assets and serves customers locally as well as in the Watkinsville/Athens, Atlanta, and Savannah areas. Continuously recognized as a top performing community bank in the nation and for its award-winning customer service, BankSouth offers personal and business banking solutions, lending and mortgage products, and wealth management services. BankSouth Mortgage, headquartered in Atlanta, is the fourth-largest purchase mortgage and second-largest construction mortgage provider in Georgia. The retail mortgage arm offers premier mortgage services and products across ten locations and a wide network of strategically placed “best in class” mortgage bankers in Georgia.