5-Star Wheatland Bank 37 Straight 5-Star Ratings
June 30, 2016
June 2016: BAUER FINANCIAL Inc., Coral Gables, FL, the Nation’s Premier Bank Rating Firm, proudly announces that Wheatland Bank, Spokane, Washington has once again earned its Highest, 5-Star rating. This marks the 37th consecutive quarter that Wheatland Bank has earned this top rating.
BAUER FINANCIAL has been analyzing and reporting on the nation’s banks since 1983… providing ratings you can trust. Earning a 5-Star rating from Bauer indicates that Wheatland Bank is one of the strongest banks in the nation. Some of the areas in which it excels are:
- Capital – more than twice the capital than in required by regulators;
- Loan Quality – delinquent loan levels are manageable;
- Profitability – Wheatland Bank earned $0.567 million in the first quarter 2016 and $1.909 million in 2015.
“We’ve been doing this for a long time”, notes Karen L. Dorway, president of BauerFinancial, “We’ve seen the ups …and the downs of this industry and the one constant, is that community banks, like Wheatland Bank, continue to shine, even in the toughest times. Knowing their customers is the key to making solid investments into the future of the communities they serve.”
Financial strength has been the priority for Wheatland Bank since its inception in 1979. Initially founded to serve the needs of Lincoln County’s agricultural and business communities, it has since expanded to 14 conveniently located branch offices. Wheatland Bank has been a source of pride for its local community for 37 years. Its original commitment is kept alive with powerful local ownership and decision making even as the bank has expanded. Wheatland Bank is a value oriented financial services provider dedicated to serving the needs of its customers, communities and employees while enhancing shareholder value.
Wheatland Bank is a member of the FDIC and an Equal Housing Lender.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting bauerfinancial.com.