Bank and Thrift Holding Companies with Highest Noninterest Income Ratios

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Bank and Thrift Holding Companies with Highest Noninterest Income Ratios

Most Active Bank and Thrift Buyers of Insurance Agencies Since 1997
By number of deals and their value, if disclosed*
Published September 9, 2004
Rank   Deals First deal announced
1 BB&T Corp. Winston-Salem, N.C.1 48 Sept. 11, '97
2 Community First Bankshares Inc. Fargo, N.D. 22 Dec. 1, '97
3 Wells Fargo & Co. San Francisco 16 Aug. 1, '99
4 Banknorth Group Inc. Portland, Maine2 10 June 2, '97
5 Commerce Bancorp Inc. Cherry Hill, N.J. 10 Jan. 1, '97
6 Wachovia Corp. Charlotte3 10 July 7, '99
7 F.N.B. Corp. Hermitage, Pa. 9 June 23, '99
8 Sky Financial Group Inc. Bowling Green, Ohio4 8 March 15, '99
9 Webster Financial Corp. Waterbury, Conn. 8 April 28, '98
10 Compass Bancshares Inc. Birmingham, Ala. 7 April 1, '99
11 Cullen/Frost Bankers Inc. San Antonio, Tex. 7 March 4, '99
12 BNC Corp. Bismarck, N.D. 6 Jan. 1, '97
13 Evans Bancorp Inc. Angola, N.Y. 6 Oct. 1, '99
14 First Charter Corp. Concord, N.C. 6 Oct. 1, '98
15 Old National Bancorp Evansville, Ind. 6 Nov. 29, '99
16 BancorpSouth Inc. Tupelo, Miss 5 April 26, '99
17 First Financial Holdings Inc. Charleston, S.C. 5 March 16, '00
18 First M & F Corp. Kosciusko, Miss. 5 Sept. 20, '99
19 Oneida Financial MHC N.Y. 5 April 25, '00
20 UnionBanCal Corp. San Francisco 5 Nov. 19, '01
21 Bank of America Corp. Charlotte5 4 Dec. 9, '97
22 Community Banks Inc. Harrisburg, Pa. 4 Dec. 18, '02
23 First Security Corp. Salt Lake City 4 Jan. 1, '97
24 Hibernia Corp. New Orleans 4 March 2, '98
25 TowneBank Portsmouth, Va. 4 Jan. 1, '01
26 Waypoint Financial Corp. Harrisburg, Pa. 4 Oct. 3, '00
27 Alabama National BanCorp. Birmingham 3 Feb. 26, '99
28 BUCS Financial Corp. Owings Mills, Md. 3 Aug. 1, '01
29 First Citizens BancShares Inc. Raleigh 3 Aug. 25, '98
30 First Merchants Corp. Muncie, Ind. 3 Nov. 28, '01
31 First Niagara Financial Group Inc. Lockport, N.Y. 3 Sept. 2, '98
32 German American Bancorp Jasper, Ind. 3 Nov. 9, '98
33 Granite State Bankshares Inc. Keene, N.H. 3 Feb. 8, '02
34 Greater Bay Bancorp Palo Alto, Calif 3 Dec. 19, '01
35 Harbor Florida Bancshares Inc. Fort Pierce 3 June 2, '00
36 National City Corp. Cleveland6 3 Jan. 1, '97
37 NB&T Financial Group Inc. Wilmington, Ohio 3 May 3, '01
38 Northeast Pennsylvania Financial Corp. Hazleton 3 July 8, '98
39 Peoples Bancorp Inc. Marietta, Ohio 3 Nov. 2, '99
40 Peoples Holding Co. Tupelo, Miss 3 April 7, '99
41 South Financial Group Inc. Greenville, S.C. 3 Sept. 20, '02
42 Southwest Georgia Financial Corp. Moultrie 3 April 1, '99
43 Teachers Credit Union South Bend, Ind. 3 Feb. 1, '02
44 Woronoco Bancorp Inc. Westfield, Mass. 3 Aug. 30, '99
45 473 Broadway Holding Corp. Saratoga Springs, N.Y. 2 Jan. 10, '01
46 Arrowhead Central Credit Union San Bernardino, Calif. 2 Sept. 15, '01
47 AsheCo MHC West Jefferson, N.C. 2 April 3, '97
48 City Holding Co. Charleston, W.Va. 2 Jan. 8, '97
49 Cohoes Bancorp Inc. N.Y. 2 Dec. 31, '99
50 Community Banks Inc. Millersburg, Pa. 2 April 1, '01
51 F&M Bancorp Frederick, Md. 2 Jan. 12, '98
52 F.N.B. Corp. Naples, Fla. 2 Sept. 9, '02
53 Fifth Third Bancorp Cincinnati7 2 Sept. 1, '97
54 First Bancorp Troy, N.C. 2 May 30, '01
55 First Bank Corp. Fort Smith, Ark. 2 May 3, '02
56 First Financial Bancorp. Hamilton, Ohio 2 Dec. 27, '02
57 First Place Financial Corp. Warren, Ohio8 2 May 17, '00
58 Frontier National Corp. Sylacauga, Ala. 2 Sept. 24, '98
59 Gateway Bank and Trust Co. Elizabeth City, N.C. 2 July 27, '99
60 Great River Banshares Corp. Burlington, Iowa 2 July 1, '99
61 Hometown Bancorp Ltd. Fond du Lac, Wis. 2 Nov. 1, '01
62 Huntington Bancshares Inc. Columbus, Ohio 2 Jan. 8, '98
63 InterCounty Bancshares Inc. Wilmington, Ohio 2 Nov. 21, '97
64 International Bancshares Corp. Laredo, Tex. 2 Sep. 11, '00
65 Leesport Financial Corp. Wyomissing, Pa. 2 Oct. 1, '02
66 M&T Bank Corp. Buffalo 2 Dec. 21, '99
67 Main Street Banks Inc. Kennesaw, Ga. 2 June 3, '02
68 MainSource Financial Group Greensburg, Ind.† 2 May 31, '99
69 NBC Capital Corp. Starkville, Miss. 2 June 2, '99
70 Pacific Century Financial Corp. Honolulu 2 Nov. 30, '98
71 People's Mutual Holding Co. Bridgeport, Conn. 2 May 15, '98
72 Regions Financial Corp. Birmingham, Ala. 2 Feb. 7, '01
73 Royal Bank of Canada Toronto 2 Nov. 3, '97
74 Stoneham Savings Bank Stoneham, Mass. 2 July 1, '99
75 Surrey Bank and Trust Mount Airy, N.C. 2 June 30, '00
76 Sussex Bancorp Franklin, N.J. 2 Sept. 28, '01
77 Temple-Inland Inc. Diboll, Tex. 2 Feb. 1, '02
78 TIB Financial Corp. Key Largo, Fla. 2 Sept. 22, '00
79 Tompkins Trustco Inc. Ithaca, N.Y. 2 April 3, '00
80 Tri-County Financial Group Inc. Mendota, Ill. 2 Dec. 1, '99
81 Trustmark Corp. Jackson, Miss. 2 Dec. 8, '98
82 UnionBancorp Inc. Ottawa, Ill. 2 July 24, '98
83 Univest Corp. of Pennsylvania Souderton 2 Dec. 16, '99
84 Valley National Bancorp Wayne, N.J. 2 June 18, '02
85 Zions Bancorp. Salt Lake City 2 Jan. 1, '99
Rank   Value (millions) First deal announced
1 BB&T Corp. Winston-Salem, N.C.1 $556.50 Sept. 11, '97
2 Greater Bay Bancorp Palo Alto, Calif. 200.5 Dec. 19, '01
3 Bank of America Corp. Charlotte5 68.2 Dec. 9, '97
4 Old National Bancorp Evansville, Ind. 67.5 Nov. 29, '99
5 BancorpSouth Inc. Tupelo, Miss. 59.4 April 26, '99
6 Sky Financial Group Inc. Bowling Green, Ohio4 56.6 March 15, '99
7 Regions Financial Corp. Birmingham, Ala. 48.0 Feb. 7, '01
8 Wachovia Corp. Charlotte3 38.7 July 7, '99
9 F.N.B. Corp. Hermitage, Pa. 36.0 June 23, '99
10 BNC Corp. Bismarck, N.D. 30.3 Jan. 1, '97
11 First Horizon National Corp. Memphis 29.0 Dec. 10, '01
12 Hibernia Corp. New Orleans 26.8 March 2, '98
13 Trustmark Corp. Jackson, Miss. 26.0 Dec. 8, '98
14 Huntington Bancshares Inc. Columbus, Ohio 20.0 Jan. 8, '98
15 Sterling Financial Corp. Lancaster, Pa. 18.8 Jan. 13, '04
16 Commerce Bancorp Inc. Cherry Hill, N.J. 18.4 Jan. 1, '97
17 Susquehanna Bancshares Inc. Lilitz, Pa. 17.0 April 30, '02
18 Peoples Bancorp Inc. Marietta, Ohio 11.8 Nov. 2, '99
19 Leesport Financial Corp. Wyomissing, Pa. 11.2 Oct. 1, '02
20 F.N.B. Corp. Naples, Fla. 10.7 Sept. 9, '02
21 National City Corp. Cleveland6 9.9 Jan. 1, '97
22 Webster Financial Corp. Waterbury, Conn. 8.6 April 28, '98
23 Main Street Banks Inc. Kennesaw, Ga. 8.3 June 3, '02
24 First Financial Corp. Terre Haute, Ind. 7.7 March 22, '01
25 Banknorth Group Inc. Portland, Maine2 7.0 June 2, '97
26 Shore Bancshares Inc. Easton, Md. 6.9 Dec. 21, '01
27 Team Financial Inc. Paola, Kan. 6.9 Dec. 11, '02
28 NBC Capital Corp. Starkville, Miss. 6.7 June 2, '99
29 Oneida Financial MHC Oneida, N.Y. 6.2 April 25, '00
30 Waypoint Financial Corp. Harrisburg, Pa. 6.0 Oct. 3, '00
31 Royal Bank of Canada Toronto 5.9 Nov. 3, '97
32 South Financial Group Inc. Greenville, S.C. 5.5 Sept. 20, '02
33 Compass Bancshares Inc. Birmingham, Ala. 4.5 April 1, '99
34 First Charter Corp. Concord, N.C. 4.5 Oct. 1, '98
35 First Sterling Banks Inc. Kennesaw, Ga. 4.3 Sept. 26, '00
36 Zions Bancorp. Salt Lake City 4.0 Jan. 1, '99
37 First M & F Corp. Kosciusko, Miss. 3.9 Sept. 20, '99
38 Peoples Holding Co. Tupelo, Miss. 3.5 April 7, '99
39 First Leesport Bancorp Inc. Pa. 3.5 Sept. 17, '98
40 Alpena Bancshares Inc. Mich. 3.3 Feb. 28, '03
41 Northeast Pennsylvania Financial Corp. Hazleton 3.1 July 8, '98
42 Alabama National BanCorp. Birmingham 3.0 Feb. 26, '99
43 Oak Hill Financial Inc. Jackson, Ohio 2.7 Aug. 1, '01
44 MainSource Financial Group Greensburg, Ind.† 2.4 May 31, '99
45 S&T Bancorp Inc. Indiana, Pa. 2.4 July 2, '02
46 Evans Bancorp Inc. Angola, N.Y. 2.3 Oct. 1, '99
47 Sussex Bancorp Franklin, N.J. 2.3 Sept. 28, '01
48 TIB Financial Corp. Key Largo, Fla. 2.2 Sept. 22, '00
49 First Defiance Financial Corp. Ohio 2.2 Oct. 30, '98
50 Cavalry Bancorp Inc. Murfreesboro, Tenn. 2.0 Aug. 8, '01
51 Harbor Florida Bancshares Inc. Fort Pierce 1.8 June 2, '00
52 WesBanco Inc. Wheeling, W.Va. 1.8 March 24, '98
53 East West Bancorp Inc. San Marino, Calif. 1.8 Aug. 22, '00
54 First Mid-Illinois Bancshares Inc. Mattoon 1.8 Jan. 10, '02
55 CNB Bancorp Inc. Gloversville, N.Y. 1.6 June 8, '00
56 InterCounty Bancshares Inc. Wilmington, Ohio 1.4 Nov. 21, '97
57 New York Community Bancorp Westbury 1.2 Sept. 29, '98
58 LCNB Corp. Lebanon, Ohio 1.2 Nov. 4, '99
59 Colorado Business Bankshares Inc. Denver 1.2 March 1, '01
60 Southwest Georgia Financial Corp. Moultrie 1.1 April 1, '99
61 W Holding Co. Inc. Mayaguez, Puerto Rico 1.1 July 1, '01
62 TowneBank Portsmouth, Va. 1.0 Jan. 1, '01
63 First Merchants Corp. Muncie, Ind. 0.9 Nov. 28, '01
64 First Bancorp Troy, N.C. 0.9 May 30, '01
65 Summit Financial Group Inc. Moorefield, W.Va. 0.9 March 1, '04
66 Woronoco Bancorp Inc. Westfield, Mass. 0.8 Aug. 30, '99
67 Tri-County Financial Group Inc. Mendota, Ill. 0.8 Dec. 1, '99
68 Community Banks Inc. Harrisburg, Pa 0.7 Dec. 18, '02
69 NB&T Financial Group Inc. Wilmington, Ohio 0.7 May 3, '01
70 Henderson Citizens Bancshares Inc. Henderson, Tex. 0.7 April 5, '00
71 UNB Corp. Canton, Ohio 0.6 June 12, '01
72 Northeast Bancorp Auburn, Maine 0.6 Feb. 20, '02
73 Gateway Financial Holdings Inc. Elizabeth City, N.C. 0.6 May 1, '04
74 Community First Bankshares Inc. Fargo, N.D. 0.5 Dec. 1, '97
75 Hardin County Bancshares Inc. Savannah, Tenn. 0.3 July 30, '97
76 Wells Fargo & Co. San Francisco 0.3 March 27, '98
77 Mid State Banks Inc. Cordele, Ga 0.2 March 9, '00
78 BUCS Financial Corp. Owings Mills, Md. 0.1 Aug. 1, '01
79 Wayne Bancorp Inc. Wooster, Ohio 0.1 Feb. 15, '01

* Through Aug. 24, 2004. Agency purchases by banking companies later taken over are credited here to the survivors. Includes:
1 three purchases by FCNB Corp., two by F&M National Corp.; 2 one by CCBT Financial; 3 three by the old Wachovia, of Winston Salem; 4 one by Second Bancorp; 5 four by Summit Bancorp of Princeton, N.J.; 6 two by First of America Bank Corp., one by Provident Financial Group.; 7 two by Old Kent Financial; 8 one by FFY Financial Corp. † Purchase of Waypoint pending.

Source: SNL Financial

© 2004 American Banker