LATROBE, Pa., April 24, 2012 /PRNewswire/ -- Commercial Bank & Trust of PA (Bank), wholly owned banking subsidiary of Commercial National Financial Corporation (NASDAQ:CNAF), was recently ranked as #1 in Pennsylvania and #16 nationwide in the 2011 S&B Top 15th Percentile of Community Banks based on the Seifried & Brew (S&B) Total Risk/Return Composite Ranking Report. To achieve the ranking, the Bank demonstrated exemplary performance of balancing risk and reward based on the Bank's S&B Total Risk/Return Composite Ranking. The S&B Top 15th Percentile Banks are inclusive of community banks with assets between $10 million to $10 billion, that have excelled in 2011.
The S&B Total Risk/Return Composite Ranking includes two main components: risk and reward. Under the risk component, S&B calculates each bank's earnings at risk, credit risk, liquidity risk, capital risk, national economic risk and state economic risk. For the reward component, S&B looks at each bank's return on average assets and return on average equity. These two components are then combined to provide a composite ranking for each bank.
In order to optimize managed risk, these top performing banks are built on a strong foundation of sound strategic and capital planning, which must include assessing risk and setting risk parameters. Although it is not possible for a community bank to insulate itself from credit cycles, it is possible to lower its risk exposure through proper risk assessment and capital planning, as exemplified by the Top 15th Percentile Banks.In addition to Latrobe, Pennsylvania where it is headquartered, the Company operates community-banking facilities in Greensburg, Hempfield Township, Ligonier, North Huntingdon, Unity Township and West Newton, Pennsylvania and also maintains a commercial business development sales force throughout its entire market area. The Company operates an asset management and trust division of Commercial Bank & Trust of PA headquartered in Greensburg, Pennsylvania. Commercial Bank & Trust of PA also serves its customer base from an Internet banking site ( www.cbthebank.com) and an automated TouchTone Teller banking system. Safe Harbor Statement