Cardinal Bank Ranked in 2012 Top 15thPercentile of Community Banks by Seifried & Brew
TYSONS CORNER, Va.--(BUSINESS WIRE)-- Seifried & Brew LLC, a community bank risk management firm, has named Cardinal Bank (NAS: CFNL) in its 2012 Top 15th Percentile of Community Banks. To be recognized on this distinguished list, Cardinal Bank demonstrated exemplary performance of balancing risk and reward, based on its Total Risk/Return Composite Ranking as calculated by Seifried & Brew.
"We are pleased to be acknowledged for our success in managing risk," said Bernard H. Clineburg, Chairman and CEO of Cardinal Bank, "Seifried & Brew's belief that conservative, traditional community banking is the strength of our financial system mirrors our own. To earn this recognition reinforces the soundness of ourguiding operating philosophy of Aggressive on Sales, Conservative on Risk."
Seifried & Brew ranks every community bank across the nation with its proprietary S&B Total Risk Index, which models capital risk, credit risk, earnings at risk, liquidity risk, and national/economic risk. The Total Risk/Return Composite Index balances each community bank's risk ranking with their return on assets and return on equity. Those banks ranking in the top 15th percentile epitomize the optimization of managed risk.
About Cardinal Financial Corporation : Cardinal Financial Corporation, a financial holding company headquartered in Tysons Corner, Virginia, serves the Washington Metropolitan region through its wholly-owned subsidiary, Cardinal Bank, with 27 conveniently located banking offices. Cardinal also operates George Mason Mortgage. The Company's stock is traded on NASDAQ (CFNL). For additional information, visit our Web site at www.cardinalbank.com or call 703.584.3400.
Bernard H. Clineburg
Chairman and CEO
KEYWORDS: United States North America Virginia
The article Cardinal Bank Ranked in 2012 Top 15th Percentile of Community Banks by Seifried & Brew originally appeared on Fool.com.
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