For the fourth year in a row, the prestigious business publication, Forbes Magazine, has recognized Central Bank of Lake of the Ozarks as one of America’s Best Banks in its annual review of the nation’s 100 largest financial institutions. Central Bank of Lake of the Ozarks, as a member of Central Bancompany, a Missouri-based bank holding company, ranked 23rd on the Forbes 2013 survey.
“We are deeply gratified and honored that for the fourth consecutive year, Forbes Magazine has selected Central Bancompany and our family of thirteen community banks among the ‘Top Twenty-Five Best Big Banks in America’. This honor is testament to the professionalism and positive, can-do, customer-centric focus of our more than 2,500 employees and our loyal customers throughout the communities we serve,” said Bryan Cook, Central Bancompany President and Chief Executive Officer.
To rank the nation’s banks, Forbes used data collected by SNL Financial. The Charlottesville, VA, company gauged each bank based on eight criteria: return on average equity; net interest margin; non-performing loans; non-performing assets; reserves; a leverage ratio and two capital ratios.
Central Bank of Lake of the Ozarks is a member of Central Bancompany, a $10 billion, Missouri-based bank holding company with 13 full-service community banks and more than 250 locations in 66 communities serving consumers and businesses in Missouri, Kansas, Illinois and Oklahoma.
The Central Bancompany family of banks are Boone County National Bank, Central Bank, Central Bank of Lake of the Ozarks, City Bank and Trust, Empire Bank, First Central Bank, First National Bank of Audrain County, First National Bank of St. Louis, Jefferson Bank, Metcalf Bank, ONB Bank, Ozark Mountain Bank, and Third National Bank. Affiliate companies include Central Trust and Investment Company, Central Technology Services, Investor Services, Central Mortgage Services and Central Travel.