LNB Named in SNL Financial's Top 100
Lyons, New York
LNB (Lyons National Bank) was named a top 100 performing community bank for 2012 in its asset size category of $500 million to $5 billion by SNL Financial, an industry publication that collects, standardizes and disseminates relevant corporate and financial news. The financial metrics SNL used to determine rankings focused on profitability, asset quality and growth. There are 859 banks in the nation that fall into this group, including 58 which are headquartered in New York State. After paring the list for anomalies, 765 banks were analyzed and compared. LNB ranked 99th.
“In only our second full year in this asset category, LNB has broken into an elite group of top performers,” said Robert Schick, President and CEO of LNB. “We are the only bank in this category in New York State to make the top 100.”
In 2011, Lyons Bancorp was cited as the number two bank holding company in the nation for its return to shareholders over the previous decade. LNB was also noted for its 3-year average return on average equity—ranking 31st out of 200 institutions. In 2010, Lyons ranked 54th in this classification.
LNB is 160-year old financial institution with over $ $685 million in assets, twelve offices located throughout Wayne, Onondaga, Ontario, Seneca, and Yates Counties, with its newest location in Canandaigua. LNB has a long-standing tradition of excellence, dating back to 1852. LNB offers an extensive variety of products within the personal and business banking realms, including direct deposit, online and mobile banking, Cash Manager, Remote Deposit Capture and much more. LNB also provides financial services, including investments and insurance. For a complete listing of products and services, as well as branch locations, please visit BankwithLNB.com.