Inland bank earns national recognition

Citizens Business Bank has been ranked among the country’s top banks in its size group by a national publication.

For the second consecutive year, Bank Director magazine placed the Ontario-based financial institution among the top five U.S. banks with assets of $5 billion to $50 billion, according to a statement released Monday.

The Brentwood, Tenn.-based publication uses metrics to measure profitability, capitalization and asset quality when assessing its rankings.

“We are excited and honored to be recognized as a top-ranked bank by Bank Director magazine, which is a highly respected publication in the industry,” said Christopher D. Myers, president and chief executive officer of Citizens Business Bank, in a statement. “Consistency in performance over a long period of time is the goal of most banks. We are proud of the fact that we most recently achieved our 153rd consecutive quarter of profitability.”

Citizens Business Bank is the largest financial institution with its headquarters in the Inland Empire. It has approximately $7.7 billion in assets and serves more than 40 cities, according to the statement.