BauerFinancial has awarded Sanibel Captiva Community Bank a five-star rating, the highest granted by the independent bank research firm. A five-star or superior rating indicates the institution has at least twice the capital that regulators require, is profitable and has kept delinquent loans in check. Sanibel Captiva Community Bank is well-capitalized, with $277 million in assets, and generates the third highest return on equity of Florida’s 157 chartered banks.
BauerFinancial has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983, using several indicators of a bank’s financial strength in determining its rating. The firm analyzes data reported quarterly to federal regulators and compares it with historical statistics for consistency. To learn more, visit www.bauerfinancial.com.