Now 20 months into operations, there is one surprising thing about Oregon City, OR's Lewis & Clark Bank: of the 20 original employees hired, 19 are still there. While startups tend to have high turnover, this de novo has grown from $13 million to $83 million in total assets and only one person has been terminated.

When you consider that analysts say that to lose one employee can cost the bank two-to-three times that employee's fully loaded annual salary, making wise hiring choices is imperative for community banks. In addition, a turnover ratio of five percent over a year and a half is quite impressive when analysts say 25 percent is more the norm for a community bank.

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