Rogers Bancshares Honored for ROE

by Arkansas Business staff  on Tuesday, Aug. 21, 2001 12:00 am  

Rogers Bancshares Inc., the holding company of Metropolitan National Bank, has been recognized in the American Bankers Journal for its consistency in delivering an outstanding return on equity, the company said.

The publication ranked Rogers Bancshares No. 31 in the nation out of 1,380 community bank holding companies that fall in the $100 million-$1 billion asset size range in providing impressive return on equity ratios.

Metropolitan National Bank is Rogers Bancshares' sole asset. Doyle W. Rogers is chairman.

Rogers, from Batesville, is also president of Doyle Rogers Co., a commercial real estate firm with offices in Batesville and Little Rock. In the early 1980s, he developed the Excelsior Hotel (now The Peabody) and the Stephens Building in downtown Little Rock.

The five-year ROE for Rogers Bancshares is 20.11 percent, with a five-year return on assets of 1.03 percent.

Metropolitan has 25 branches and 29 ATMs in Little Rock, North Little Rock, Sherwood, Benton, Bryant and Conway.

The only other Arkansas community bank holding company ranked in the top 50 was Pulaski Investment Corp., which owns Pulaski Bank & Trust, at No. 39.

Metropolitan National Bank, which opened in 1970, has about $625 million in assets. The bank recently revamped its Web site, at www.metbank.com.

 

 

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