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Best of Inland Empire 2024 - Best Hometown Bank - Press EnterpriseHCN Bank has been ranked #1 Hometown Bank in the 2024 Best of the Inland Empire Awards by the Press-Enterprise. Over a month-long voting period, participants across the Inland Empire were allowed to vote in over 20 different categories. The Press-Enterprise is a well-established local news outlet, and its annual awards are a respected measure of community recognition across multiple industries. Ranked #1 out of 230 banks (April 2024) - CB Resource, Inc.HCN Bank was ranked #1 out of 230 banks in its nationwide peer group by Irvine, CA, based CR Resource, Inc, which specializes in ranking banks using a performance scorecard methodology. The key performance indicators of Asset Growth (AGR), Return on Average Assets (ROAA), Return on Average Equity (ROAE), Net Interest Margin (NIM), Efficiency Ratio(ER), Non-Performing Assets (NPA), Non-Interest Bearing Deposits (NIBD), and Non-Interest Income (NII) are compared, and an aggregate score is calculated. Above is a table that summarizes the Top Ten Percent (the highest performing 22 banks) in the category of banks with assets between $500 million and $1billion (Subchapter S). Recognized as one of California's "Super Premier" Performing Banks by The Findley Reports, Inc. for 2023HCN Bank has been designated as a "Super Premier" Bank for 2023 operating results by The Findley Reports, Inc. Overall, 87 California banks were recognized, with 56 receiving the highest distinction of "Super Premier". As a highly regarded financial industry consulting firm, The Findley Reports has been recognizing the financial performance of banking institutions in California for over forty years. Four basic traits were considered in addition to each Bank's financial performance: stability of board and management; organizational health; balance within the balance sheet with core earnings and control of the risk profile of the organization; strong partner relationships with their customers, shareholders, regulators and industry. Bauer Financial 5 Star Superior Rating, Q2 2024HCN Bank has been awarded a 5-Star (“Superior”) Rating from Bauer Financial, Inc., an independent bank rating company, for 59 consecutive quarters. Bauer’s 5-Star Rating is the highest rating and indicates that this institution is one of the strongest in the nation. HCN Bank has been awarded Exceptional Performance designation, which is awarded for institutions that have earned a 5-Star Rating continuously for 10 years or longer. CB Resource, Inc. Top Ten Percent, Q1-Q4 2023We are pleased to announce that HCN Bank was ranked in the Top Ten Percent of our peer group within CB Resource, Inc's CB Top Ten™ Report for all four quarters of 2023. For over a decade, The CB Top Ten™ report has ranked community banks all over the country using a performance scorecard methodology. Segregated by asset size and corporation type, it identifies the banks whose overall performance is in the top decile of their national peer group. For the full CB Top Ten™ report, click here. S&P Global Market Intelligence Best-Performing Community Banks, 2022We are excited to share that HCN Bank has been recognized as the 12th ranked community bank with less than $3B in assets in S&P Global Market Intelligence's 2022 Top 100 Community Banks ranking. This ranking is based on various financial metrics, including profitability, operational efficiency, and loan quality. S&P Global Market Intelligence is a reputable global provider of financial information and insights, providing data and analysis to over 20,000 clients worldwide. Their rankings are widely recognized in the industry and serve as a benchmark for community banks across the country. For the full press release on best-performing community banks, click here. Ranked #1 of California's 127 banks in Overall Performance by FMC, Q1-Q4 2022HCN Bank is proud to announce its current ranking as #1 over all banks in the state of California for Overall Performance by FMC, for the year ending December 31, 2022. This ranking is based on return on assets, return on equity, efficiency and other various categories. HCN Bank has continually placed within the top 5% of California Banks since 2009. • Ranked #1 of California's 127 banks in Overall Performance by FMC, 2022 |
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