FIVE YEARS IN A ROW.. TOP 100!!
Posted by noabank in News
Once again, SNL named NOA as one of the country’s top-performing community banks under $1 Billion in assets. At #61 out of the top 100 banks, NOA is the only Korean American bank who was selected as one of top 100 performing banks for the last 5 consecutive years from 2011 to 2015. For the ranking, SNL looked at 4,292 banks with less than $1 Billion in assets at year-end 2015 and scored them using six metrics: pretax return on average tangible assets, net charge-offs as a percent of average loans, efficiency ratio, adjusted Texas ratio, net interest margin and loan growth.