June 23, 2015 04:42 PM
St. Martin Bank President and CEO Paul Durand

Even though we're only halfway in to 2015, for St. Martin Bank, it's been a memorable year.

The bank recently held the grand opening of its River Ranch location -- housed in Whitney Bank's former spot on the corner of Settlers Trace and Camellia boulevards -- complete with a loan production office, a full-service branch and a drive-thru.

Before the big grand opening, however, St. Martin Bank was also the subject of national recognition as the small community bank from St. Martinville found itself included in two "Best of ..." lists featured in Independent Banker's annual "Best of the Best" issue.

For its "Stronger Than Ever" list, Independent Banker -- a magazine published by the Independent Community Bankers of America -- gave St. Martin Bank a ninth place ranking in the category for Return on Assets among the top performing Subchapter S banks (those that don't pay federal income taxes) with $500 million to $1 billion in assets. St. Martin Bank also scored a seventh place ranking in the Subchapter S category for Return on Equity.

"It's quite an honor to be recognized nationally," St. Martin Bank President and CEO Paul Durand says. "We not only have been recognized nationally, but was the only bank from Louisiana in our category to be recognized in this way. What a great team we have; and this honor is shared with all of our incredible and hard-working employees."

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