Andrew Ryback
Courtesy Photo
Plumas Bancorp, the holding company, for Plumas Bank, recently announced it was awarded the prestigious Raymond James Bankers Cup for the fourth consecutive year, ranking as third-best community bank in the nation in 2020.
This is the ninth year that Raymond James Financial Inc. has awarded the Bankers Cup, an award for which the firm evaluates the profitability, operational efficiencies and balance sheet metrics of every exchange-traded bank in America with assets between $500 million and $10 billion, according to a May 13 press release.
Of the 241 banks nationwide that qualified, 25 were named Bankers Cup winners, including Plumas Bancorp.
“To receive the Raymond James Community Bankers Cup for the fourth consecutive year and to have ranked in the top 5 each of those years is a great honor,” Andrew J. Ryback, CEO of Plumas Bancorp, said in a statement. “This achievement is a tribute to the steadfast guidance of our Board of Directors, the dedication of our executives, and the tireless efforts of our entire team.
"Likewise, we are very grateful for the loyalty of our clients and the support of our shareholders. We believe our success is built upon putting our clients’ needs first and striving for excellence in the critical role we play in our communities.”
In 2019 and 2018, Plumas was named second-best performing community bank by Raymond James, and in 2017, it placed fifth.
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