SHEPHERDSTOWN, West Virginia — JSB Financial Inc. (OTCID: JFWV) (the Company), the bank holding company of Jefferson Security Bank (the Bank), is pleased to announce that JSB Financial Inc. has been named one of American Banker’s 2026 Top-Preforming Community Banks, earning the 58th position among community banks nationwide with less than $2 billion in assets.
The annual ranking compiled in partnership with Capital Performance Group recognizes some of the nation’s highest-performing community banks with less than $2 billion in assets. Institutions are ranked based on their three-year average return on average equity (ROAE), a key measure of long-term financial performance.
The Bank reported return on average equity of 13.23% in 2023, 15.30% in 2024 and 12.72% in 2025, representing a three-year average ROAE of 13.75%. During the period from year-end 2023 through year-end 2025, the Bank’s total assets increased from $500.6 million to $562.2 million, an increase of 12.3%. Net loans increased from $347.9 million to $401.8 million, or 15.5%, while total deposits grew from $426.1 million to $518.9 million, an increase of 21.8%.
This recognition highlights the Bank’s continued financial strength, approach to responsible growth and commitment to delivering exceptional service to its customers and communities.
“We are incredibly honored to receive this recognition from American Banker,” said President and CEO, Cindy Kitner. “This achievement reflects our team’s dedication to delivering personalized service and unmatched local market expertise."
About JSB Financial Inc.
JSB Financial Inc. (OTCID: JFWV) is the holding company for Jefferson Security Bank, an independent community bank operating six banking offices located in Berkeley County and Jefferson County, West Virginia and Washington County, Maryland. Founded in 1869, Jefferson Security Bank serves individuals, businesses, municipalities and community organizations through a comprehensive suite of banking services delivered by an exceptional team who put customers first. Jefferson Security Bank has received industry recognition by American Banker as a Top-Performing Community Bank in 2026, Top 100 Community Bank in 2024 and previously recognized as a Top 200 Community Bank for four consecutive years from 2020 to 2023. Operating for over 157 years, Jefferson Security Bank is the oldest, independent, locally owned and managed bank in West Virginia. Visit www.JSB.bank for more information.
This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections.
Offices:
105 East Washington Street, Shepherdstown, WV (304-876-9000)
7994 Martinsburg Pike, Shepherdstown, WV (304-876-2800)
873 East Washington Street, Charles Town, WV (304-725-9752)
277 Mineral Drive, Inwood, WV (304-229-6000)
1861 Edwin Miller Boulevard, Martinsburg, WV (304-264-0900)
103 West Main Street, Sharpsburg, MD (301-432-3900)