The Bippus State Bank (BSB) was recently ranked number 28 out of the Top 100 Best-Performing Community Banks under $3B in assets in the United States by S&P Global Market Intelligence in 2020. Ranking metrics used to establish the rating were Total Assets, excluding Payment Protection Program (PPP) loans, Return on Average Tangible Common Equity, Efficiency Ratio, Net Interest Margin, Operating Revenue Growth, Leverage Ratio, and Non-Performing Assets and Loans (90 days plus past due) to Total Loans.
“We are very proud to be the only community bank in Indiana for this asset size to be recognized as a top performing community bank. Our success is a direct result of our outstanding employees and continued efforts to provide the best customer service and products to the markets we serve,” stated Eric Fawcett, President of The Bippus State Bank.
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