August 16, 2010
Lyons Bancorp, Inc., the holding company for The Lyons National Bank (LNB), ranked 54th among 200 community banks in the country; cited in the June 2010 edition of the US Banker Magazine.
This number is based on an average of the last three years' Return on Average Equity (ROAE). ROAE is an industry metric of interest shared by stockholders as it measures the annual rate of return on the value on their investment in the Bank. The community banks in the study were defined as those less than $2 billion in size with publicly listed stocks.
Lyons Bancorp, Inc. is the holding company for The Lyons National Bank. The Lyons National Bank is a community bank with offices in Lyons, Clyde, Macedon, Newark, Ontario and Wolcott in Wayne County; Jordan in Onondaga County; Geneva in Ontario County and Penn Yan in Yates County. On June 14th, the Bank opened its new Seneca County Office. Subsidiaries of The Lyons National Bank are Lyons Realty Associates Corp. and LNB Life Agency, Inc. For more information please visit BankwithLNB.com.