Top 15th Percentile Ranking For Paducah Bank

Seifried & Brew LLC, a community bank risk management firm, named The Paducah Bank and Trust Company in its 2010 Top 15th Percentile of Community Banks.  To gain entry into this distinguished ranking, the Bank demonstrated exemplary performance of balancing risk and reward based on the Bank’s S&B Total Risk/Return Composite Ranking.  This is no small feat considering that the Bank not only survived the Financial Crisis, but actually thrived.  This supports Seifried & Brew’s belief that conservative, traditional community banking is the strength of our financial system.
In S&B’s newest book, The Art of Capital Planning – The “How-To” Guide, the authors clearly demonstrate that the difference between the banks that failed and those that survived the Financial Crisis, or even those that prospered, was each bank’s ability to optimize risk.  While the word “optimize” sounds incongruous with the threats of risk, the truth is that community banks make money from managed risk.  Those banks ranking in the S&B Top 15th Percentile of Community Banks epitomize such optimization of managed risk.
“We are extremely pleased to be placed in this ranking among the exceptional banks around the country,” said Joe Framptom, CEO of Paducah Bank. “I think this recognition of our sound banking practices is a testament to our commitment to be a trusted partner for both our individual customers and the community at large. We have always believed that excellent performance by the Bank allows us to serve our clients well and continue our service to the community. We are proud that our customers have continued to have confidence in Paducah Bank, and their support is obviously a great compliment, especially during these turbulent economic times.”