Croghan Bancshares, Inc.
Ranked Number One

Croghan Bancshares, Inc. (CHBH) Ranked Number One by Boenning & Scattergood

A composite ranking of nearly 50 community banks located across a six-state footprint, including KY, MD, MI, OH, PA, and WV, ranked Croghan Bancshares, Inc. (CHBH) number one. Seven unique metrics were averaged to derive the final composite score, including dividend yield, price to tangible book, net c/o during 2007-2019, ALL/loans, NPA/assets, TCE ratio, and ROA during 2015-2019. Croghan Bancshares, Inc. (CHBH) scored 35.1 out of a possible 49, ranking near the top decile on three out seven metrics. Read Boenning & Scattergood, Inc.'s full report here.

 “As a hometown community bank, all of us here at Croghan are honored and excited to receive such a high recognition,” said Kendall Rieman, President/CEO. “The hard work and dedication of our Croghan employees, especially during such an unprecedented year, makes me proud to lead such an amazing team. We look forward to continuing to serve and give back to our local communities and are excited to see what the upcoming year has to bring.”

Boenning & Scattergood, Inc. was established in 1914 and is one of the oldest independent securities, asset management, and investment banking firms in the Mid-Atlantic and Midwest regions.

About Croghan Bancshares, Inc. (CHBH)
Croghan Bancshares, Inc. (CHBH) is the parent holding company of Croghan Colonial Bank that was founded in 1888 and proudly serves Sandusky, Erie, Huron, Seneca, Lucas, and Ottawa Counties with offices in Fremont, Bellevue, Clyde, Curtice, Green Springs, Maumee, Monroeville, Norwalk, Port Clinton, Oak Harbor, Oregon, and Tiffin. Croghan Colonial Bank is a recognized leader in community banking throughout the region. Its focus is on helping all community members achieve their financial goals.