First Capital ranks 17 among ‘Performance Powerhouse’ financial institutions
First Harrison Bank’s holding company, First Capital, is the No. 17 “Performance Powerhouse” in the United States, according to the annual Ranking Banking list published Dec. 15 by Bank Director and Crowe LLP.
This year’s Ranking Banking evaluated total shareholder return over a 20-year period ending June 30, 2020.
“Through time, certain metrics become in vogue, but performance ultimately boils down to producing consistently strong earnings for your shareholders on a long-term basis, effective capital management, a strong credit culture, attracting and retaining talented employees and, today, understanding customer demands in a digital economy,” Crowe partner Kara Baldwin said of the contenders.
Banks were ranked across 10 categories ranging from creating value to technology strategy and culture. First Capital was among the top 10 in six of those categories: Best Retail Strategy (No. 3), Best Board (No. 9), Best Technology Strategy (No. 10), Best Employer (No. 10), Best Revenue Strategy (No. 10) and Best Growth Strategy (No. 10).
“We are excited and humbled by First Capital’s inclusion in this distinguished list,” said Bill Harrod, First Capital president and CEO. “Going toe-to-toe with banks 30 times our size, we scored among the top 20 in every category.”
With nearly $1 billion in assets, First Harrison Bank was established in 1891 and now has 18 branch locations in Southern Indiana and Bullitt County, Ky.