As a maturing de novo bank, how will Evansville Commerce Bank refine its business
practices in order to address the local market trends and generate sustainable performance?
Given the challenges financial institutions are facing today, one of the more appropriate
axioms is: “In the end, success or failure is not about what happens to you; rather,
it is about your response to what happens to you.” Believing this, we have to behave
as if what we do going forward will affect the results far more than where the present
economic environment, national or regional, places us.
Our staff is committed to the proposition that it is our complete responsibility
to deal with the current economic environment realistically as it is and simply
take whatever steps are necessary to preserve capital and maintain profitability.
We recognize that the best, proven way to earn the wider interest margins and noninterest
income required to achieve satisfactory performance is to offer outstanding service
combined with premium products that result in the best overall value for the client.
At the same time, we understand we will not maximize income until we optimize overhead
and minimize expenses.
We believe our success in meeting performance goals hinges on profitability and
quality of our relationships. Therefore, we are determined to work with our clients
more closely than ever to reduce credit risk, while working to help them become
as financially strong as possible. Close credit administration, together with providing
the best financial advice possible offers the surest path to mutually beneficial
relationships.
— Thomas L. Austerman, President