Magazine : Archives : 4th Quarter 2014

Top 50 Low Cost Banks

Thomasville National Bank is a small bank with a mission: pay employees well and get higher productivity, keep other expenses low and generate fee income through a large trust and investment division that also generates core deposits. It seems simple enough, but the equation ends up making the bank one of the most efficient in the nation—and that efficiency translates into high profitability over a long time period.  In fact, Thomasville National Bank, a $592-million asset bank based in Thomasville, in southern Georgia, was about three times more profitable than the median financial institution and had five times the median...