Other Principles

Bancoii utilizes conservative accounting and financial reporting principles that accurately and honestly report our financial condition and results of operations. We believe good accounting drives good business decision-making.

Bancoii is currently growing primarily through de novo expansion rather than acquisition. We plan to grow by starting new businesses, opening new branches and offering new products and services.

Bancoii emphasizes convenience in banking; we're open 12 hours a day, seven days a week, 364 days per year. We provide customers innovative products through multiple banking channels, including traditional, debit cards, phone banking, and Internet banking.

Bancoii operates like a partnership. We're organized geographically and by function, with profit center goals and objectives. Bancoii emphasizes return on average assets, return on average equity and earnings per share growth. We know which products are profitable and contribute to these goals. Local geographic managers are responsible for local business decisions, business development initiatives, customer relations, and community involvement. Managers are incentived to achieve these goals.

Bancoii encourages stock ownership by our officers, directors and employees. We have a mutuality of interest with our stockholders, and our goal is to earn above-average returns for our stockholders.

Bancoii believes interest-rate risk should be minimized. Interest-rate speculation does not generate consistent profits and is high risk.

Technology driven

Bancoii places a high priority on the development of technology to enhance productivity, customer service and new products. Properly applied technology increases revenue, reduces costs and enhances customer service. We centralize back office activities and decentralize the banking process.