Wayland State Bank recognized as top performer

ICBA Independent Banker has recognized Wayland State Bank as an outstanding ICBA 400 community bank performer in its June issue. The ranking is based on Wayland State Bank?s 2010 year-end earnings.

?We commend Wayland State Bank for being named to this year?s ICBA 400 ? a subset of community banks across the country that exemplify the mission of community banking by reinvesting in their communities and making them a better place for their local customers to live and work each and every day,? said Chris Lorence, ICBA executive vice president and chief marketing officer.

The ICBA recognizes top performers across the community banking industry. The magazine?s year-end rankings of ICBA members are based on return on average assets and return on average equity as reported in final 2010 FDIC call report data. The performance rankings include listings for Subchapter S corporation and Subchapter C corporation community banks among five asset categories.

?Wayland State Bank is honored to be named to the ICBA 400,? said Robert Meyer, president of Wayland State Bank. ?As a proud member of the southeast Iowa community, we credit our dedicated employees and loyal local customers for our success and are proud to be part of the financial foundation that drives economic stability and prosperity right here on Main Street.?

To see the ICBA 400 Top Performers listing, visit www.icba.org/2011ICBA400.