Iowa First Bancshares Corp. Achieves National Recognition

MUSCATINE, Iowa--()--Iowa First Bancshares Corp. (OTCQB: IOFB), the parent company of First National Bank of Muscatine, Iowa, and First National Bank in Fairfield, Iowa, has yet again been recognized for outstanding financial performance. The May 2015 edition of American Banker Magazine included a ranking of the top 200 community banks and thrifts, based upon three-year average return on equity, with less than $2 billion of assets. Iowa First Bancshares Corp. was included in this prestigious list for the seventh consecutive year. Moreover, Iowa First Bancshares Corp. has been not only in the top 200 community banks and thrifts each of the previous seven years, but in the top 100 for six of the last seven years.

Kim Bartling, Executive Vice President, Chief Operating Officer & Treasurer of Iowa First, commented, “Our experienced and dedicated team of bankers are honored to be recognized for the seventh consecutive year as one of the top community banking organizations in the country based on three year average return on equity. Our organization emphasizes achievement of a strong return on equity in accordance with our corporate objective to maximize shareholder value through the prudent deployment of capital.”

D. Scott Ingstad, Chairman, President and Chief Executive Officer added, “We are pleased to be again included in this prestigious ranking of our peers, and to be recognized as a company which focuses on providing value to our shareholders. This record of superior return on equity comes as a result of the efforts of our dedicated team of bankers and directors who are committed to providing valuable service to our customers.”

Contacts

Iowa First Bancshares Corp.
D. Scott Ingstad, 563-262-4202
Chairman, President and CEO
or
Kim K. Bartling, 563-262-4216
Executive Vice President, Chief Operating Officer & Treasurer

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