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Clayton Bank receives honors

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Clayton Bank and Trust is 47th in the nation and first in Tennessee, according to a recent SNL Financial report that ranked the top 100 best performing community banks.

"This exciting news recognizes the efforts of a dedicated team of outstanding professionals who successfully navigated the turbulent and challenging financial events of the last decade," said Travis Edmondson, chief executive officer of Clayton Bank and Trust.

President Kevin Kimzey added, "By recognizing the recession early, the team focused on supporting the bank's premier list of seasoned clients which includes most sectors of retail, manufacturing and distribution and consumer banking customers.   This partnership between the clients and the bank facilitated the achievement of desired results while minimizing the effect of the most pronounced risk factors banks, businesses and individuals have encountered in the last 75 years."

"I could not be more proud of the commitment and dedication exemplified by the management team," said chairman Jim Clayton.   "Refusing to listen to recession buzz, management and staff continued to accommodate first-time client funding needs, while encouraging existing relationships to proactively address the unique challenges faced all through the period.   As a result, the bank and our clients are positioned for predictable and profitable growth. "

The Clayton Bank and Trust holding company is a $1 billion financial institution with 25 branches across Tennessee. Services include a full range of consumer and commercial banking, and Trust services.  

The rankings were based on six core financial performance metrics:   ROA, charge-offs, efficiency, Texas ratio, net interest margin and loan growth.

Clayton Bank, founded in 1899 in Henderson, is one of the top 50-ranked banks in the nation based on ROA, charge-offs, efficiency, Texas ratio, NIM and loan growth. With assets of $1 billion, the holding company, Clayton Bancorp, is based in Knoxville and owns Clayton Bank and Trust and operates 25 banking centers across Tennessee.   

The holding company is owned by the Jim Clayton family and its staff, utilizing an ESOP providing ownership to all team members. 

SNL Financial is a leading provider of financial information on 6,500 public companies and 50,000 private companies. The SNL information service integrates comprehensive data and expert analysis online and updated around the clock.  

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