OLMSTED BANK GETS `A' RATING

OLMSTEAD -- The First State Bank of Olmstead is one of six banks in Illinois to rank in the 99 percentile by a Texas company.

The bank received an A+ rating in the process, which only the top 10 percent of the 1,087 banks in the state attain.

Sheshunoff and Company of Austin, Texas, made the selection, using financial information from state and federal banking regulators. The rating is based on capital adequacy, asset quality, earnings and liquidity. The company rates the banks in groupings according to asset size.

"This is our third consecutive year to score a 99 and be among this elite group," said Bruce Mosby, executive vice president and chief executive officer. "This award is a tribute to our directors, officers, and employees."

The First State Bank of Olmstead is an independent community-owned bank. Founded 70 years ago, it serves Pulaski and Alexander counties and the surrounding communities.