March 08, 2018
ServisFirst Bancshares, Inc. Awarded Raymond James Community Bankers Cup
Named Top 3 Community Bank Nationwide
Birmingham, AL -
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) announced today that it has received the 2017 Raymond James Community Bankers Cup, which recognizes the top 10 percent of community banks. ServisFirst Bancshares, Inc., with its subsidiary ServisFirst Bank, is a full service professional business bank headquartered in Birmingham, Alabama, with offices across the Southeast.
ServisFirst Bancshares ranked third out of 272 community banks nationwide that are exchange-traded domestic banks with assets between $500 million and $10 billion as of December 31, 2017, moving up from fifth place in 2016. Each bank's performance was judged by various metrics regarding profitability, operational efficiency and the balance sheet. The six financial performance and stability measures include nonperforming assets to loans and real estate owned, five-year average core deposit percentage, net interest margin, efficiency ratio, return on average assets and return on average tangible common equity.
For more information about ServisFirst Bank, please contact Krista Conlin at 205-937-3777. To learn more about ServisFirst Bank, please visit us at www.servisfirstbank.com