Seifried & Brew LLC, a community bank risk management firm, recently released its 2013 Top 15th Percentile of Community Banks. To gain entry into this distinguished ranking, a bank must demonstrate exemplary performance of balancing risk and reward based on the Bank’s S&B Total Risk/Return Composite Ranking. This is no small feat considering that community banks not only survived the Financial Crisis but actually thrived. This supports Seifried & Brew’s belief that conservative, traditional community banking is the strength of our financial system.
Lamar National Bank ranked 19th in the state of Texas and 100th in the United States out of almost 2,200 Subchapter S community banks in the annual ranking by Seifried & Brew. Lamar was the only bank in Lamar or any of the surrounding counties in Texas to make the list.
“We are delighted and proud to remain in the top community banks in Texas and the nation again this year according to the esteemed Seifried & Brew. This accolade reflects our staff’s dedication to the principles and values this bank was founded on, that of sound banking and excellence in providing the best customer experience,” said President and CEO Michael Rhodes.
For 2014, Lamar National Bank has expanded its already strong presence in ag lending. Lamar now offers its customers access to long term fixed rate land loans through FarmerMac and FSA guaranteed production, equipment and land loans through the USDA.
Additionally, Lamar welcomes Casey Moss as Agricultural Business Development. Casey, a Lamar county native, has extensive ag knowledge.
A graduate of Chisum High School and Tarleton State University with a degree in Animal Production and Equine Management, Casey knows agriculture. She has worked at the famed 6666s Ranch in Guthrie, Texas and has worked as a barn manager and cutting horse trainer, as well as helping run her family’s ranch.
Casey understands agriculture in rural Texas, and she understands the needs of the farming and ranching community. Contact Casey today to see how Lamar National Bank can help you with your rural banking needs.