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CSB Holding Company Named Top 50 Community Bank by S&P


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ANKENY, Iowa (March 28, 2022) – QCR Holdings, Inc., the parent company of Community State Bank (CSB), was recently named one of the Top 50 Best-Performing Community Banks of 2021 with assets between $3B and $10B by S&P Global Market Intelligence for the second year in a row.  

“CSB is proud to be a part of QCR Holdings. It’s humbling to be recognized as one of the top-performing banks while also improving our position for the year,” said CSB President and CEO Kurt Gibson. “We pride ourselves on building strong relationships with our clients and our communities. I believe our performance is a reflection of our team’s dedication to those values.”

S&P Global Market Intelligence’s ranking is based on measurements of financial and operating strength for community banks with assets between $3 billion and $10 billion. To compile this ranking, S&P Global Market Intelligence calculated scores for each company based on six metrics: pretax return on tangible common equity; efficiency ratio; operating revenue growth; net charge-offs to average loans and leases net of Paycheck Protection Program loans ratio; nonperforming assets and loans 90 days or more past due as a percentage of total assets, net of PPP loans; and leverage ratio. Each company's standard deviation from the industry mean was calculated for every ranking metric, weighted, then combined to derive a performance score. To help normalize the data and mitigate the impact of outliers, caps and floors were applied for each metric.

QCR Holdings, Inc. is a multi-bank holding company which includes Quad City Bank & Trust in the Quad Cities, Cedar Rapids Bank & Trust in Cedar Rapids, Iowa, Community State Bank, based in Ankeny, Iowa, SFC Bank, based in Springfield, Missouri, Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company, located in the Cedar Falls/Waterloo, Iowa area.

About Community State Bank
Community State Bank, in Ankeny, Iowa, is an agile financial organization with locations throughout central Iowa. Named one of the Des Moines metro’s best banks, CSB meets the unique needs of each customer with best practices, digital technology and expertise in banking, mortgage, consumer and commercial lending, treasury management solutions and investment advisory services. At its core, CSB is committed to helping people from all backgrounds achieve their financial potential. Community State Bank is a wholly-owned subsidiary of QCRH, Inc., headquartered in Moline, IL. To learn more, visit

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