ATLANTA, March 15, 2012 /PRNewswire/ -- State Bank
Financial Corporation (NASDAQ: STBZ) has been named best performing
community bank in the United
States, according to SNL Financial's annual list of best
performing community banks between $500
million and $5 billion in assets for 2011.
"I am very thankful for the circumstances that make it possible
for State Bank to perform so well in such difficult times," said
Joe Evans, chairman and CEO of State
Bank. "I believe we are laying a solid foundation for a bank that
will serve our communities well for many years to come."
SNL compiled the rankings using six core financial performance
metrics that focus on profitability, asset quality and growth for
the 12-month period ended December 31,
2011. To see SNL's article about the rankings, click on the
following link:
http://www2.snl.com/InteractiveX/Article.aspx?cdid=A-14396929-13089
About State Bank Financial Corporation and State & Trust
Company
State Bank Financial Corporation (NASDAQ: STBZ) is the holding
company for State Bank and Trust Company, one of Georgia's best-capitalized banks, with
$2.75 billion in assets as of
December 31, 2011. State Bank has
locations in Metro Atlanta and Bibb, Houston, Dooly, and Jones counties in Middle Georgia. State Bank
Financial Corporation is headquartered in Atlanta and State Bank and Trust Company is
headquartered in Macon,
Georgia.
State Bank was named the top performing bank in the United States by Bank Director
magazine's 2011 Bank Performance Scorecard, a ranking of the
150 largest U.S. publicly-traded banks and thrifts based on 2010
calendar-year financials.
Since 2009 State Bank has been an active acquirer of the assets
and deposits of failed banks in Metro Atlanta and Middle Georgia.
To date, State Bank has completed 12 transactions facilitated by
the Federal Deposit Insurance Corporation.
To learn more about State Bank, visit www.statebt.com.
STATE BANK & TRUST COMPANY
Absolutely.
SOURCE State Bank Financial Corporation