Community Bank & Trust’s Parent Company, QCR Holdings, Inc., Named Top 50 Community Bank by S&P Global
WATERLOO, IOWA, April 19, 2021 – QCR Holdings, Inc., the parent company of Community Bank & Trust (CBT), was recently named one of the Top 50 Best-Performing Community Banks of 2020 with assets between $3B and $10B by S&P Global Market Intelligence. QCR Holdings, Inc. is one of the only banks in our markets to make the list.
“CBT is proud to be a part of QCR Holdings. It’s humbling to be recognized as one of the top performing banks in a year when all banks and communities were going through significant challenges,” said CBT President and CEO Stacey Bentley. “We pride ourselves on building strong relationships with our clients and our communities. I believe our performance is a reflection of our team’s dedication to those values.”
The S&P rankings were based on weighted metrics, including pretax return on tangible common equity, efficiency ratio, net interest margin, operating revenue growth, leverage ratio, and nonperforming assets and loans 90 days or more past due as a percentage of total assets. Click here to learn more about the analysis and access the full list of top performing U.S. community banks and credit unions for 2020.
QCR Holdings, Inc. is a multi-bank holding company which includes Quad City Bank & Trust in the Quad Cities, Cedar Rapids Bank & Trust in Cedar Rapids, Iowa, Community State Bank, based in Ankeny, Iowa, SFC Bank, based in Springfield, Missouri, Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company, located in the Cedar Falls/Waterloo, Iowa area.
Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company, headquartered in Waterloo, Iowa, serves the Waterloo and Cedar Falls, Iowa markets. The Bank commenced operations in 1997 as Community National Bank which became a wholly owned subsidiary of QCR Holdings, Inc. on May 13, 2013. For additional information, please visit the Company’s website at www.communitybt.bank.
Cedar Rapids Bank & Trust was established as a de novo bank in 2001 and provides full-relationship commercial and consumer banking and trust and asset management services. As of December 31, 2020, Cedar Rapids Bank & Trust reported approximately $2 billion in assets, and offers five convenient locations across the greater Cedar Rapids area. CRBT is a wholly-owned subsidiary of QCR Holdings, Inc., a publicly traded $5.7 billion asset multi-bank holding company headquartered in Moline, Illinois.
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