SAN LUIS OBISPO, Calif., June 7, 2007 (PRIME NEWSWIRE) -- San Luis Trust Bank (OTCBB:SNLS) was recently recognized in an article entitled "Top Banks Focus in the 'E' in ROE" in an issue of U.S. Banker magazine.
The article, appearing in the June 2007 issue of U.S. Banker, listed the top 200 community banks in the country by their 3-year average return on equity (ROE). San Luis Trust Bank was ranked 9th on the list. The pool of banks for this list includes 8,154 community banks with less than $1 billion in assets. The ranking places San Luis Trust in the top 99.9 percentile. A 3-year average ROE of 21.24% sets the bank apart and puts the bank among only 14 banks that had 3-year averages above 20%.
Bradley Lyon, president and CEO, commented, "This ranking is indicative of the Bank's ability to effectively leverage its capital. Our strategy has generated efficient and consistently high earnings. We believe this will translate into excellent returns for our shareholders in the long run."
A copy of the article can be found at http://www.sanluistrustbank.com/news.htm. San Luis Trust Bank is a single branch institution headquartered in San Luis Obispo, California. The Bank conducts banking business in San Luis Obispo County. Visit San Luis Trust Bank on the web at http://www.sanluistrustbank.com.