The Top 100 Most Profitable Small Community Banks

+++ Among banks with assets less than $50M, based on the return on average assets for 1996 ($ in thousands)

prt 1 of

ROA

Rank

1996 Name of Bank City

1 Green Mountain Bk Rutland

2 American General Fncl Cntr Midvale

3 First Interstate Central Bk Calabasas

4 Avco Armed Forces Ind Bk Aurora

5 Nordstrom Nat Crdt Bk Englewood

6 Reading St Bk Reading

7 Commerce Bk of Omaha NA Omaha

8 Franklin T&LA Orange

9 Rancho Santa Fe T&LA San Marcos

10 Avery County Bk Newland

11 First St Bk Grandview

12 Rittenhouse TC Radnor

13 Citizens St Bk Princeton

14 First St Bk Keene

15 State Bk of Wiley Wiley

16 First NB of McIntosh McIntosh

17 Wilmot St Bk Wilmot

18 Security St Bk Oklee

19 Farmers & Merchants Bk Maysville

20 Centennial T&LA Fountain Valley

21 First St Bk Dime Box

22 Security Bk of SW MO Cassville

23 Northern St Bk Gonvick

24 Martell St Bk Martell

25 Uinta County St Bk Mountain View

26 United States NB Red Lodge

27 Bank of Salem Salem

28 Home Loan Ind Bk Grand Junction

29 First St Bk Idaho Springs

30 Union B&TC Minneapolis

31 Marshall County St Bk Newfolden

32 Bank of Hazlehurst Hazlehurst

33 State Bk of Downs Downs

34 American NB Parma

35 Citizens B&TC Springhill

36 Lakeside Bk of Salina Salina

37 Valley Community Bk McMinnville

38 Bank of Huntland Huntland

39 Farmers & Merchants St Bk Cawker City

40 Peoples St Bk Cherryvale

41 Bank of Commerce Chouteau

42 White Rock St Bk White Rock

43 Commercial Bk of Leadville Leadville

44 Bank of Locust Grove Locust Grove

45 First NB of Morgan Morgan

46 First Bk of Anna LBA Anna

47 Bank of New Castle New Castle

48 First Bk Centre Osage Beach

49 Liberty Fin Corp Salt Lake City

50 Peoples B&TC-Pointe Coupee New Roads

51 Community First Bk NA Ripley

52 Bank of Perry Cty Lobelville

53 Citizens NB Teague

54 First St Bk Silverton

55 Bank Atlanta Decatur

56 Flathead Bk of Bigfork Bigfork

57 Citizens NB Houston

58 First St Bk Danville

59 Orem Community Bk Orem

60 Citadel Bk Colorado Springs

61 Randall St Bk Randall

62 Security St Bk Wellington

63 Valley Bk of Belgrade Belgrade

64 Perry County Bk New Augusta

65 Anadarko B&TC Anadarko

66 Bonneville Bk Provo

67 Wayne NB Jesup

68 First NB of Olney Olney

69 First Security Bk-Craig Craig

70 Bank of Leeton Leeton

71 Home St Bk Louisville

72 Alabama Exchange Bk Tuskegee

73 Cityside Svg & Fncl Svc Co Edina

74 First Bk of Deer Park Deer Park

75 American NB of Rock Springs Rock Springs

76 Bank of Morgan Cty Madison

77 State Bk New Prague

78 Avco NB Costa Mesa

79 Old Line NB Waldorf

80 Miners St Bk of Frontenac Frontenac

81 State Bk of McGregor McGregor

82 First NB Glen Rose

83 La Farge St Bk La Farge

84 Butler Bk a Co-Op Bk Lowell

85 Fentress County Bk Jamestown

86 First St Bk of Hotchkiss Hotchkiss

87 Prime Bk Orange

88 Central St Bk State Center

89 State Bk of Riverdale Riverdale

90 First NB of Eden Eden

91 First St Bk of Colfax Colfax

92 Farmers Exchange Bk Antlers

93 Solon St Bk Solon

94 Farmers Bk Minnesota Lake

95 First St Bk Valliant

96 Peoples Bk Westville

97 Deposit Bk Carlisle

98 Security St Bk Howard Lake

99 Park St Bk Nicoma Park

100 Winkler County St Bk Wink

Mean Values for Top 100 Small Community Ban 2.78

Median Values for Top 100 Small Community B 2.41

Mean Values for all banks within the asset 0.9

part 2 of 4

Return Return Return Return

ROA On Avg. On Avg. On Avg. On Avg.

Rank Assets %Assets %Equity %Equity %Efficiency Ratio

1996 Name of State 1996 1995 1996 1995 1996

1 Green MoVT 10.42 2.35 48.25 23.92 29.37

2 AmericanUT 8.63 10.64 15.89 21.78 93.82

3 First InCA 6.87 4.18 10.94 9.31 33.88

4 Avco ArmCO 5.84 7.57 13.75 25.54 42.35

5 NordstroCO 4.8 5.24 17.11 16.94 95.18

6 Reading KS 4.77 0.4 23.16 2.62 68.42

7 CommerceNE 4.35 4.42 5.45 5.94 90.34

8 FranklinCA 3.91 4.9 20.27 31.83 49.27

9 Rancho SCA 3.52 3.08 17.97 15.89 43.13

10 Avery CoNC 3.31 3.56 12.35 13.64 22.88

11 First StTX 3.29 2.47 30.3 29.48 62.2

12 RittenhoPA 3.28 2.52 14.86 12.57 71.01

13 CitizensTX 3.25 1.69 38.31 21.97 52.19

14 First StTX 3.22 3.35 30.84 35.01 47.73

15 State BkCO 3.18 2.73 14.27 12 27.73

16 First NBMN 3.17 1.79 12.19 7.29 25.49

17 Wilmot SSD 3.09 2.71 27.75 26.88 42.43

18 SecurityMN 3.06 1.76 13.84 8.42 26.22

19 Farmers OK 3 1.07 27.52 14.49 42.7

20 CentenniCA 2.94 2.84 32.86 36.55 50.27

21 First StTX 2.9 3.54 16.33 20.53 37.39

22 SecurityMO 2.88 2.41 29.05 26.89 34.56

23 NorthernMN 2.86 1.73 12.62 8.14 25.58

24 Martell NE 2.85 2.38 23.01 20.76 49.57

25 Uinta CoWY 2.81 2.92 5.55 6.35 49.75

26 United SMT 2.78 1.99 34.31 25.35 41.26

27 Bank of OR 2.78 3.08 15.46 16.99 24.05

28 Home LoaCO 2.76 2.82 13.81 12.65 42.72

29 First StCO 2.72 2.53 30.03 30.48 54.59

30 Union B&MN 2.69 2.37 26.22 23.64 60.95

31 MarshallMN 2.66 1.7 11.19 7.66 29.59

32 Bank of GA 2.64 2.49 34.1 32.99 46.17

33 State BkKS 2.62 2.03 15.99 13.85 36.62

34 AmericanOH 2.59 3.75 17.36 31.42 61.34

35 CitizensLA 2.56 1.01 24.48 9.86 56.37

36 LakesideOK 2.53 2.63 22.79 24 38.83

37 Valley COR 2.53 2.33 22.08 21.61 42.84

38 Bank of TN 2.5 3.13 21.58 27.75 48.82

39 Farmers KS 2.49 2.38 30.04 28.32 57.58

40 Peoples KS 2.48 2.14 13.61 13.54 42.01

41 Bank of OK 2.48 2.3 31.99 30.36 50.03

42 White RoMN 2.47 0.97 28.73 12 61.73

43 CommerciCO 2.46 2.29 26.2 26.3 46.53

44 Bank of OK 2.46 2.79 20.55 23.91 47.16

45 First NBUT 2.46 2.4 14.95 14.58 44.85

46 First BkTX 2.44 2.55 32.56 36.18 60.46

47 Bank of DE 2.43 3.32 2.58 3.53 30.42

48 First BkMO 2.43 0.12 32.53 1.46 53.63

49 Liberty UT 2.43 2.38 4.48 4.36 61.29

50 Peoples LA 2.41 2.66 17.54 21.31 50.38

51 CommunitOH 2.41 2.26 26.68 25.95 45.01

52 Bank of TN 2.41 1.78 19.9 15.94 30.35

53 CitizensTX 2.41 1.59 28.4 21.23 48.91

54 First StTX 2.4 2.12 20.76 14.11 52.36

55 Bank AtlGA 2.38 2.33 25.14 28.23 58.98

56 FlatheadMT 2.38 2.04 28.23 24.65 47.76

57 CitizensTX 2.38 3.32 29.27 40.34 61.29

58 First StVA 2.38 2.3 11.2 11.11 48.41

59 Orem ComUT 2.34 2.48 16.01 15.22 48.85

60 Citadel CO 2.32 2.11 23.15 25.41 58.81

61 Randall MN 2.32 1.9 26.47 22.41 35.07

62 SecurityKS 2.31 1.2 15.02 7.51 63.03

63 Valley BMT 2.3 2.14 30.73 26.83 52.2

64 Perry CoMS 2.29 2.19 15.46 15.36 42.95

65 AnadarkoOK 2.28 2.15 17.03 16.63 46.14

66 BonnevilUT 2.28 1.98 19.23 18.23 57.5

67 Wayne NBGA 2.27 1.59 21.86 16.21 48.28

68 First NBTX 2.27 2.64 24.29 30.74 37.41

69 First SeCO 2.26 2.01 27.84 23.85 48.68

70 Bank of MO 2.26 1.48 5.68 3.89 61.26

71 Home St NE 2.26 2.37 22.28 22.66 33.05

72 Alabama AL 2.25 1.95 23.87 20.28 51.99

73 CitysideMN 2.25 2.37 21.31 23.97 57.53

74 First BkTX 2.24 1.84 18.73 14.94 49.25

75 AmericanWY 2.24 1.93 17.62 16.38 45.74

76 Bank of GA 2.21 2.41 15.92 17.99 44.97

77 State BkMN 2.21 1.54 23.71 18.2 51.71

78 Avco NB CA 2.2 2.22 2.37 2.37 15.38

79 Old LineMD 2.2 1.21 20.51 10.35 90.75

80 Miners SKS 2.19 2.01 7.91 7.74 31.69

81 State BkMN 2.19 1.62 24.03 17.1 44.47

82 First NBTX 2.19 1.92 23.78 21.25 54.61

83 La FargeWI 2.19 2.28 14.01 15.27 31.08

84 Butler BMA 2.18 2.65 17.78 22.06 42.29

85 FentressTN 2.18 2 26.78 24.79 51.29

86 First StCO 2.17 2.75 25.25 33.53 53.89

87 Prime BkCT 2.17 1.15 14.13 8.31 64.72

88 Central IA 2.17 1.75 13.92 11.34 35.26

89 State BkNE 2.17 1.98 7.55 7.01 33.72

90 First NBSD 2.16 2.35 17.52 19.15 45.41

91 First StIA 2.15 2.07 24.71 22.17 37.74

92 Farmers OK 2.15 1.34 20.97 14.41 47.44

93 Solon StIA 2.14 1.74 9.37 7.9 45.44

94 Farmers MN 2.14 1.26 21.7 12.56 48.79

95 First StOK 2.14 1.43 13.2 8.78 52.92

96 Peoples OK 2.13 1.6 17.54 14.42 45.37

97 Deposit KY 2.12 2.13 15.51 16.17 36.64

98 SecurityMN 2.12 1.28 20.47 12.33 40.52

99 Park St OK 2.12 2.03 9.77 9.66 53.98

100 Winkler TX 2.12 1.73 29.88 20.08 50.23

Mean Val 2.39 20.34 18.26 47.85 52.25 28,793

Median V 2.24 20.49 17.05 47.74 50.98 29,415

Mean Val 1.04 9.37 10.09 73.37 79.52 28,363

part 3 of 4

Annual Nonperf.

ROA Total Asset Assets as a

Rank Assets Gr. Rate% of TotNet Income

1996 Name of 199512/31/9612/94 - Assets 1996 1995

1 Green Mo 58.13$28,523 -86.9 0.63$11,806 $5,358

2 American 91.52 17,606 -21.11 1.07 1,706 2,406

3 First In 61.72 8,329 -14.97 0 515 313

4 Avco Arm 30.1 5,232 -6.34 0 270 411

5 Nordstro 95.43 24,012 -14.33 0 1,297 1,415

6 Reading 89.67 3,735 -4.11 0 189 16

7 Commerce 91.01 3,989 22.55 0.6 177 183

8 Franklin 46.45 11,763 3.93 1.61 430 521

9 Rancho S 48.12 37,884 31.91 1.85 1,234 922

10 Avery Co 23.21 49,623 8.84 0.05 1,576 1,624

11 First St 67.3 19,293 8.47 0.48 601 439

12 Rittenho 72.56 38,538 26.24 0 1,006 742

13 Citizens 68.7 25,008 30.26 0 682 414

14 First St 44.57 39,904 24.99 0.59 1,186 1,126

15 State Bk 33.19 43,380 32.32 0.77 1,269 936

16 First NB 39.94 21,139 10.63 1.22 667 357

17 Wilmot S 52.14 18,339 5.68 0.85 547 461

18 Security 38.92 22,411 12.02 0.27 672 361

19 Farmers 63.26 17,688 -57.14 2.52 845 448

20 Centenni 66.97 26,695 107.05 0.9 596 404

21 First St 34.94 23,535 20.02 0.47 648 724

22 Security 40.22 35,078 19.77 0.34 969 742

23 Northern 36.73 33,312 16.57 0.85 896 512

24 Martell 54.54 35,175 22.23 0.17 948 706

25 Uinta Co 43.1 6,543 -0.89 0 185 197

26 United S 50.83 34,529 23.87 0 862 569

27 Bank of 21.66 47,470 30.19 0 1,261 1,174

28 Home Loa 42.84 9,222 18.76 1.64 253 222

29 First St 55.56 16,315 -8.05 0.01 457 440

30 Union B& 63.72 45,952 42.17 0.55 1,072 812

31 Marshall 38.21 15,657 5.94 2.91 421 257

32 Bank of 45.73 49,072 21.36 1.88 1,218 1,092

33 State Bk 41.56 36,833 9.59 0 949 707

34 American 57.66 28,990 -0.04 1.67 781 1,105

35 Citizens 66.03 49,802 16.61 0.25 1,224 443

36 Lakeside 41.18 20,552 15.65 0.34 513 487

37 Valley C 47.6 32,447 30.22 0.59 757 614

38 Bank of 51.96 22,362 26 0.84 522 576

39 Farmers 58.95 6,381 26.58 0.44 152 133

40 Peoples 48.85 13,628 -0.15 0.06 333 287

41 Bank of 51.86 22,771 18.52 0.2 539 459

42 White Ro 74.39 48,233 177.74 0.3 762 177

43 Commerci 45.08 29,839 18.32 0 708 606

44 Bank of 45.46 21,987 1.64 1.06 537 590

45 First NB 43.87 32,837 21.09 0.6 735 664

46 First Bk 59.3 36,833 11.48 0.25 833 849

47 Bank of 15.2 13,282 6 0.17 320 424

48 First Bk 97.57 26,534 35.24 0.31 617 25

49 Liberty 71.49 3,740 8.41 2.57 90 83

50 Peoples 48.56 39,422 14.19 1.12 908 928

51 Communit 47.89 27,269 6.5 2.01 639 578

52 Bank of 35.09 49,455 24.53 0.1 1,110 742

53 Citizens 58.52 26,115 8.26 0.03 623 375

54 First St 44.17 19,080 -24.38 3.96 487 491

55 Bank Atl 61.13 46,544 32.85 1.05 1,035 864

56 Flathead 48.97 49,886 21.42 1.46 1,171 897

57 Citizens 57.34 47,794 9.08 1.48 1,161 1,500

58 First St 48.72 35,199 10.48 0.12 822 746

59 Orem Com 45.77 21,605 77.59 0.06 525 422

60 Citadel 66.78 32,111 2.66 0.1 740 651

61 Randall 40.97$15,246 17.06 0.54 $344 $263

62 Security 67.26 40,106 26.14 1.63 831 397

63 Valley B 50.96 33,742 19.52 0.04 726 609

64 Perry Co 43.3 39,140 19.89 3.01 863 747

65 Anadarko 46.68 38,446 -3.68 1.06 878 836

66 Bonnevil 64.14 21,219 8.04 1.05 507 407

67 Wayne NB 60.82 42,840 29.04 0 820 497

68 First NB 37.78 34,410 5.1 0.93 749 843

69 First Se 54.47 44,389 41.55 0.39 904 679

70 Bank of 66.57 4,863 -0.18 0.35 108 71

71 Home St 34.44 35,443 27.49 0.25 754 695

72 Alabama 54.25 44,138 -0.14 0.86 982 845

73 Cityside 60.35 39,790 13.13 3.91 863 907

74 First Bk 57.66 33,449 7.59 0.01 695 546

75 American 52.33 42,400 -0.65 0.34 933 777

76 Bank of 45.84 38,161 6.56 0 859 846

77 State Bk 56.12 44,175 3.33 0.69 956 665

78 Avco NB 16.67 1,942 7.35 0 42 41

79 Old Line 80.78 37,454 54.69 0.03 724 326

80 Miners S 33.55 33,019 2.93 0.27 717 655

81 State Bk 54.3 22,979 14.85 1.16 487 329

82 First NB 57.7 27,882 11.43 0.39 576 476

83 La Farge 32.82 25,918 17.42 0.69 564 530

84 Butler B 40.15 36,186 39.76 1.01 748 755

85 Fentress 52.6 42,164 18.03 0.09 878 737

86 First St 47.4 25,808 10.03 1.25 550 668

87 Prime Bk 70.31 27,447 7.02 0.35 582 301

88 Central 42.81 34,857 7.98 0.02 732 570

89 State Bk 42.17 23,524 6 0 505 440

90 First NB 44.64 9,509 1.01 2.02 204 216

91 First St 34.84 33,451 6.35 0.26 694 631

92 Farmers 59.84 20,251 17.45 0.22 419 239

93 Solon St 52.81 34,463 10.81 0.24 712 559

94 Farmers 61.03 14,062 8.49 0.05 287 161

95 First St 65.42 27,019 6.58 0.08 591 381

96 Peoples 54.86 27,464 4.32 0 576 420

97 Deposit 37.55 42,887 17.2 0.26 874 810

98 Security 57.01 30,896 14.72 0.54 643 358

99 Park St 51 38,219 3.95 0.14 812 770

100 Winkler 49.17 13,460 41.27 1.92 294 189

Mean Val 14.87 0.69 820 639 21 22

Median V 11.46 0.35 715 564 15 14

Mean Val 15.88 0.66 282 300 14 14

part 4 of 4

Number of Revenue

ROA Full-time Per

Rank Employees Employee

1996 Name of 1996 1995 1996 1995

1 Green Mo 50 109$24,729 $19,752

2 American 73 108 42,917 51,151

3 First In 6 6 1,390 1,267

4 Avco Arm 4 4 739 1,010

5 Nordstro 481 467 49,768 48,253

6 Reading 3 3 228 184

7 Commerce 74 74 4,152 3,961

8 Franklin 4 5 1,516 1,395

9 Rancho S 30 26 4,602 3,755

10 Avery Co 13 13 3,470 3,546

11 First St 10 10 1,000 1,101

12 Rittenho 10 9 5,574 4,024

13 Citizens 15 13 1,556 1,080

14 First St 22 18 3,759 3,410

15 State Bk 13 12 2,694 2,305

16 First NB 8 8 1,475 999

17 Wilmot S 9 10 1,228 1,191

18 Security 7 7 1,518 984

19 Farmers 8 30 2,513 1,889

20 Centenni 10 8 2,234 1,629

21 First St 9 9 1,578 1,697

22 Security 18 18 2,341 2,163

23 Northern 11 11 2,084 1,451

24 Martell 20 19 2,919 2,444

25 Uinta Co 7 7 394 413

26 United S 15 15 2,477 1,928

27 Bank of 12 8 2,757 2,512

28 Home Loa 3 3 728 754

29 First St 12 14 1,590 1,546

30 Union B& 38 31 4,753 3,881

31 Marshall 7 8 1,078 780

32 Bank of 28 29 3,823 3,669

33 State Bk 11 12 2,081 1,925

34 American 19 22 2,768 2,931

35 Citizens 30 30 2,950 2,287

36 Lakeside 11 11 1,455 1,401

37 Valley C 15 14 2,094 1,813

38 Bank of 11 10 1,606 1,584

39 Farmers 4 3 389 324

40 Peoples 7 7 976 915

41 Bank of 19 18 1,857 1,664

42 White Ro 26 14 2,775 1,152

43 Commerci 16 13 2,132 1,797

44 Bank of 21 22 1,970 2,004

45 First NB 11 11 2,096 1,885

46 First Bk 19 18 2,109 1,963

47 Bank of 0 0 848 888

48 First Bk 16 16 1,337 1,151

49 Liberty 5 5 434 442

50 Peoples 20 20 2,656 2,665

51 Communit 16 15 1,764 1,683

52 Bank of 14 14 2,745 2,354

53 Citizens 15 15 1,979 1,367

54 First St 12 10 1,125 1,381

55 Bank Atl 25 20 2,857 2,542

56 Flathead 29 30 3,130 2,973

57 Citizens 37 38 5,802 5,579

58 First St 22 20 2,258 2,188

59 Orem Com 21 16 1,920 1,418

60 Citadel 25 27 2,792 2,625

61 Randall 6 6 $901 $759

62 Security 16 16 1,915 1,857

63 Valley B 20 19 2,109 1,980

64 Perry Co 20 20 2,496 2,254

65 Anadarko 20 20 2,501 2,487

66 Bonnevil 11 14 2,012 1,899

67 Wayne NB 18 18 2,593 1,937

68 First NB 15 16 2,184 2,194

69 First Se 23 22 2,845 2,370

70 Bank of 5 5 382 359

71 Home St 10 10 1,855 1,710

72 Alabama 33 34 3,435 3,139

73 Cityside 41 40 4,389 4,310

74 First Bk 19 17 2,075 1,951

75 American 19 19 2,556 2,425

76 Bank of 23 24 2,484 2,413

77 State Bk 19 19 2,806 2,500

78 Avco NB 1 1 78 78

79 Old Line 19 19 1,557 1,483

80 Miners S 9 9 1,685 1,693

81 State Bk 13 13 1,464 1,243

82 First NB 16 15 1,736 1,551

83 La Farge 8 7 1,287 1,237

84 Butler B 12 11 2,426 2,202

85 Fentress 25 24 2,993 2,658

86 First St 18 16 2,030 2,059

87 Prime Bk 8 10 1,471 1,519

88 Central 9 9 1,818 1,551

89 State Bk 7 7 1,293 1,219

90 First NB 4 5 643 672

91 First St 12 10 1,529 1,570

92 Farmers 15 16 1,406 1,113

93 Solon St 11 11 2,095 1,922

94 Farmers 7 7 953 721

95 First St 20 18 2,224 2,036

96 Peoples 17 18 1,814 1,595

97 Deposit 12 12 2,268 2,144

98 Security 12 11 1,794 1,440

99 Park St 25 25 2,675 2,694

100 Winkler 7 7 872 781

Mean Val 3,201 3,008

Median V 2,078 1,835

Mean Val 1,427 1,430

Source: Sheshunoff Information Services, Inc., Austin, TX. Notes: A small community bank is defined as a FDIC-insured commercial bank that accepts deposits and makes loans; has assets less than or equal to $50 million on Dec. 31, 1996; and is independently owned or owned by a holding company whose consolidated total assets are $1 billion or less on Dec. 31, 1996. To be include herein, a bank must have been profitable in each of the last three years 1994-1996. Returns on average assets and average equity are net income divided by average assets and average equity capital respectively. The efficiency ratio is calculated by dividing Total Non- Interest Expense by the sum of Net Interest Income plus Total Non-Interest Income. Nonperforming assets as a percentage of total assets ratio is the nonperforming loans, leases and other earning assets divided by total assets. Nonperforming assets are loans, leases, and earning assets that are past due plus those currently reflecting a nonaccrual basis. Past due assets have not paid interest and or principal due for 90 days or more and upon which the bank continues to acrue interest. Nonaccrual assets are the principal and or interest that has been in default for a period of 90 days or more unless the obligation is both well secured and in the process of collection. (a) - There were 3890 commercial banks with asets of $50 million or less on Dec., 31, 1996. Compiled by American Banker, 1997 ===

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