Bauer Financial Gives Bank 5-Star Rating
JANUARY 2012 – First Landmark Bank, Marietta, Georgia is proud to be recognized as a superior 5-Star rated bank by BauerFinancial, Inc., a national bank rating and research firm. Bauer Financial’s rating system is based upon an analysis of current financial data as supplied by federal banking regulators, with the 5-Star rating indicating the Bank’s solid capital position, profitability, sound asset quality, and balance sheet strength.
“The Board and I commend the Bank’s staff for their exceptional service since our 2008 opening,” said bank Vice Chairman and CEO Ron Francis. “The commercial banking industry has been in turmoil since our opening, and we are pleased to see community banks, like First Landmark, prosper and thrive. Our officers and employees are difference makers not only on behalf of the bank, but of the community as well. We are proud to receive this superior rating from BauerFinancial.”
First Landmark Bank, headquartered at 307 N. Marietta Parkway in Marietta, specializes in serving businesses and professionals in Cobb County. The bank’s experienced staff has an appreciation for business and consumer clients who desire relationship-oriented banking. The bank’s traditional product offering also includes the ability to provide sophisticated, user-friendly electronic banking and cash management services.
First Landmark Bank is not a publicly traded company and has approximately 250 shareholders, most of which reside and/or work in Marietta, Cobb County and northwest Atlanta. The Bank opened in March 2008 with approximately $21 million in capital, and as of December 31, 2011, has grown to $185.5 million in total assets. For more information about First Landmark Bank, visit www.firstlandmarkonline.com or call 770.792-8870.
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BauerFinancial, Inc. Coral Gables, Florida, a national independent bank and credit union rating research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings at no charge by visiting www.bauerfinancial.com.
For current financial data on First Landmark Bank, go to www.fdic.gov.