Bauer Financial 5-Star Rating
Prime Meridian Bank Consistently Rated One of the Strongest
Bauer Financial, Inc., the nation's leading bank rating and research firm, has recognized Prime Meridian Bank, Tallahassee, Florida, as a 5-Star Superior bank.
Bauer Financial has been evaluating and rating banks since 1983. A 5-Star Superior rating indicates that Prime Meridian Bank is one of the strongest in the nation, excelling in areas of capital, loan quality, profitability and more. In fact, Prime Meridian Bank has earned this highest rating every quarter since 2010.
Among other factors, to earn this rating Prime Meridian Bank must not only report impressive capital levels, but also an enviable loan portfolio with negligible levels of delinquent loans.
Karen L. Dorway, president of Bauer Financial, says, "Prime Meridian Bank is one of the U.S. banks that evokes an image of a brighter banking future for our communities. That's good news regardless of your age and income bracket."
"Local decisions, responsive service and a dedication to serving their clients and community -- these are the hallmarks of community banks and they are alive and thriving at Prime Meridian Bank."
"Community banks have an understanding of what the community needs and provide the financial support tailored to those needs. The money deposited into a community bank is loaned back out to the community. It all stays local," she continued.
"Prime Meridian Bank continues to build on our success by growing our core team and deepening our involvement in Tallahassee," says Vice Chairman, President and CEO Sammie D. Dixon, Jr. He credits consistent positive annual earnings reports and the bank's growth to the outstanding team his community bank has built.
Established in 2008, Prime Meridian Bank (www.primemeridianbank.com) currently operates through two offices in Tallahassee and an office in Crawfordville, Florida.
"The passion and quality of our team of professionals is evidenced by the strong asset quality and lending ability we are able to report," Dixon stated.
Prime Meridian Bank has built a reputation as a solid financial institution. Annual reports consistently indicate positive growth and strong community involvement.
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 pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.