Vibra Bank, with a single office in Chula Vista, said May 29 it was awarded a Super Premier Performance designation by The Findley Reports, an Orange County based financial services research firm.

To achieve the ranking, the firm looked at a variety of variables including its deposits, average total assets, net loan losses and other financial information.

Vibra, which was founded in July 2008, had total assets of $104 million at the end of 2011, and generated a net profit of $1.3 million for the year.

“The recognition by The Findley Reports is a very strong achievement, especially for a bank as young as ours,” said CEO Scott Parker.