Bank and Thrift Holding Companies with Largest Portfolios of First Mortgages

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Bank and Thrift Holding Companies with Largest Portfolios of First Mortgages

Bank and Thrift Holding Companies with Largest Portfolios of First MortgagesOn Dec. 31, 2007. Dollars in thousands
Published June 12, 2008

Related Table: Leading Holding Companies in First Mortgages
Rank   Type of holding company First mortgage loans Total loans
and leases
Dec. 31 Year earlier Change
1 Bank of America Corp. Charlotte bank $277,592,704 $229,117,858 21.2% $908,519,184
2 Wachovia Corp. Charlotte bank 196,147,000 188,785,000 3.9 485,984,000
3 Citigroup Inc. New York bank 172,236,000 170,093,000 1.3 858,438,000
4 Washington Mutual Inc. Seattle thrift 138,869,657 167,248,753 -17.0 262,936,798
5 HSBC Holdings PLC London foreign 101,539,886 112,711,265 -9.9 291,343,534
6 Wells Fargo & Co. San Francisco bank 88,485,000 75,725,000 16.9 409,958,000
7 JPMorgan Chase & Co. New York bank 87,555,000 84,637,000 3.4 555,524,000
8 Countrywide Financial Corp. Calabasas, Calif. thrift 54,669,361 77,980,614 -29.9 86,020,718
9 SunTrust Banks Inc. Atlanta bank 32,875,187 37,872,089 -13.2 131,170,689
10 Royal Bank of Scotland Group PLC Edinburgh foreign 30,011,293 29,897,233 0.4 111,762,690
11 U.S. Bancorp Minneapolis bank 26,063,000 23,056,000 13.0 158,646,000
12 Hudson City Bancorp Inc. Paramus, N.J. thrift 23,729,215 18,605,736 27.5 24,233,267
13 BB&T Corp. Winston-Salem, N.C. bank 23,674,227 22,302,722 6.1 91,685,699
14 National City Corp. Cleveland bank 22,170,859 22,421,174 -1.1 120,322,067
15 Deutsche Bank Frankfurt foreign 19,652,000 17,446,000 12.6 68,239,000
16 Regions Financial Corp. Birmingham, Ala. bank 18,058,077 21,588,959 -16.4 96,236,679
17 E-Trade Financial Corp. New York thrift 16,444,435 11,817,245 39.2 37,938,675
18 Merrill Lynch and Co. Inc. New York thrift 16,296,001 11,677,965 39.5 58,286,489
19 Sovereign Bancorp Inc. Philadelphia thrift 14,782,567 21,031,266 -29.7 57,713,315
20 Mitsubishi UFJ Financial Group Inc. Tokyo foreign 13,839,582 12,360,624 12.0 41,204,189
21 IndyMac Bancorp Inc. Pasadena, Calif. thrift 13,243,500 14,188,394 -6.7 20,178,428
22 PNC Financial Services Group Inc. Pittsburgh bank 13,178,392 10,042,577 31.2 72,300,257
23 Barclays PLC London foreign 12,904,849 11,664,562 10.6 31,184,448
24 Astoria Financial Corp. Lake Success, N.Y. thrift 11,723,626 10,300,832 13.8 16,157,226
25 Capital One Financial Corp. McLean, Va. bank 11,250,646 21,150,699 -46.8 102,908,785
26 BNP Paribas Group Paris foreign 11,137,324 9,740,080 14.3 50,290,804
27 Downey Financial Corp. Newport Beach, Calif. thrift 11,092,441 13,821,286 -19.7 11,432,810
28 Fifth Third Bancorp Cincinnati bank 11,079,512 9,710,281 14.1 84,580,053
29 BankUnited Financial Corp. Coral Gables, Fla. thrift 10,997,575 10,109,528 8.8 12,759,028
30 AmTrust Financial Corp. Cleveland thrift 10,227,459 10,837,595 -5.6 14,760,655
31 Flagstar Bancorp Inc. Troy, Mich. thrift 8,826,189 9,356,685 -5.7 11,607,761
32 B.F. Saul Co. Chevy Chase, Md. thrift 8,340,363 7,395,600 12.8 11,955,741
33 Northern Trust Corp. Chicago bank 7,421,809 6,893,803 7.7 25,344,274
34 Marshall & Ilsley Corp. Milwaukee bank 6,866,034 6,049,080 13.5 46,296,952
35 Lehman Brothers Holdings Inc. New York thrift 6,833,390 14,184,170 -51.8 16,767,135
36 Huntington Bancshares Inc. Columbus, Ohio bank 6,693,041 4,933,242 35.7 40,529,497
37 Popular Inc. Hato Rey, Puerto Rico bank 6,458,000 10,652,000 -39.4 29,911,000
38 Third Federal Savings and Loan Assn. MHC Cleveland thrift 6,326,859 5,681,223 11.4 8,420,100
39 BMO Financial Group Toronto foreign 6,286,197 5,760,643 9.1 35,023,851
40 M&T Bank Corp. Buffalo bank 6,263,569 6,040,467 3.7 48,021,562
41 Washington Federal Inc. Seattle thrift 6,129,410 5,434,528 12.8 8,383,754
42 First Horizon National Corp. Memphis bank 5,053,207 4,403,699 14.7 25,856,817
43 Capitol Federal Savings Bank MHC Topeka, Kan. thrift 5,003,796 4,936,864 1.4 5,316,995
44 Banco Bilbao Vizcaya Argentaria SA Madrid foreign 4,883,102 3,103,511 57.3 34,188,086
45 FirstFed Financial Corp. Los Angeles thrift 4,679,853 6,503,205 -28.0 6,636,511
46 TCF Financial Corp. Wayzata, Minn. bank 4,534,129 4,238,633 7.0 12,494,371
47 Webster Financial Corp. Waterbury, Conn. bank 4,230,090 5,165,137 -18.1 12,697,540
48 Bank of New York Mellon Corp. bank 4,159,000 3,263,000 27.5 50,985,000
49 Zions Bancorp. Salt Lake City bank 3,896,304 3,931,762 -0.9 39,128,486
50 New York Private Bank and Trust Corp. bank 3,623,763 3,868,771 -6.3 7,295,069
51 Investors Bancorp MHC Short Hills, N.J. bank 3,470,435 2,963,748 17.1 4,012,622
52 KeyCorp Cleveland bank 3,467,453 3,563,242 -2.7 75,559,216
53 EverBank Financial Corp. Jacksonville, Fla. thrift 3,434,494 2,312,832 48.5 4,576,129
54 Colonial BancGroup Inc. Montgomery, Ala. bank 3,290,141 3,068,015 7.2 17,467,400
55 Toronto-Dominion Bank Toronto foreign 3,244,780 3,616,612 -10.3 27,026,848
56 Doral GP Ltd. San Juan, Puerto Rico bank 3,223,481 2,956,767 9.0 5,284,525
57 City National Corp. Beverly Hills bank 3,103,626 2,814,951 10.3 11,630,638
58 People’s United Financial Inc. Bridgeport, Conn. thrift 3,083,651 0 NA 8,939,913
59 R and G Financial Corp. Hato Rey, Puerto Rico bank 3,002,165 4,387,740 -31.6 5,868,662
60 First BanCorp. San Juan, Puerto Rico bank 2,951,288 2,577,483 14.5 11,778,171
61 Royal Bank of Canada Toronto foreign 2,844,619 2,732,040 4.1 15,860,974
62 Northwest Bancorp MHC Warren, Pa. thrift 2,795,133 2,726,097 2.5 4,845,614
63 Synovus Financial Corp. Columbus, Ga. bank 2,708,489 2,402,763 12.7 26,652,022
64 Banco Santander SA San Juan, Puerto Rico bank 2,663,898 2,631,187 1.2 7,075,308
65 NewAlliance Bancshares Inc. New Haven bank 2,515,506 1,967,376 27.9 4,730,664
66 Midland Financial Co. Oklahoma City thrift 2,413,466 2,312,769 4.4 7,625,775
67 BFC Financial Corp. Fort Lauderdale, Fla. thrift 2,370,378 2,383,456 -0.5 4,777,082
68 Raymond James Financial Inc. St. Petersburg, Fla. thrift 2,231,824 1,444,199 54.5 5,712,758
69 Associated Banc-Corp Green Bay, Wis. bank 2,221,244 2,580,319 -13.9 15,610,693
70 Bank of Hawaii Corp. Honolulu bank 2,189,034 2,164,559 1.1 6,593,202
71 Guaranty Financial Group Inc. Austin thrift 2,156,769 2,879,755 -25.1 10,062,493
72 Charles Schwab Corp. San Francisco thrift 2,114,380 0 NA 3,538,778
73 Valley National Bancorp Wayne, N.J. bank 2,017,288 2,058,929 -2.0 8,499,205
74 First Niagara Financial Group Inc. Lockport, N.Y. thrift 1,990,063 2,281,277 -12.8 5,722,109
75 Comerica Inc. Dallas bank 1,952,450 1,780,736 9.6 50,960,854
76 BancorpSouth Inc. Tupelo, Miss. bank 1,918,478 2,150,104 -10.8 9,315,168
77 Franklin Bank Corp. Houston bank 1,885,545 2,842,522 -33.7 4,097,137
78 Boston Private Financial Holdings Inc. bank 1,824,863 1,578,644 15.6 5,267,740
79 Provident Financial Services Inc. Jersey City bank 1,713,245 1,630,973 5.0 4,296,291
80 Citizens Republic Bancorp Inc. Flint, Mich. bank 1,689,443 1,782,775 -5.2 9,577,076
81 Commerce Bancshares Inc. Kansas City, Mo. bank 1,686,855 1,619,446 4.2 10,844,795
82 Fulton Financial Corp. Lancaster, Pa. bank 1,673,041 1,924,707 -13.1 11,308,408
83 Columbia Savings Bank Fair Lawn, N.J. thrift 1,540,879 1,419,482 8.6 3,036,273
84 Trustmark Corp. Jackson, Miss. bank 1,483,393 1,616,301 -8.2 7,188,300
85 BOK Financial Corp. Tulsa bank 1,468,436 996,309 47.4 12,007,188
86 FirstBank Holding Co. Lakewood, Colo. bank 1,457,763 1,296,124 12.5 3,367,847
87 Lydian Trust Co. Palm Beach, Fla. thrift 1,432,017 1,296,129 10.5 1,931,356
88 PFF Bancorp Inc. Rancho Cucamonga, Calif. thrift 1,410,026 1,465,167 -3.8 3,948,608
89 Arvest Bank Group Inc. Bentonville, Ark. bank 1,392,320 1,389,199 0.2 6,831,449
90 TrustCo. Bank Corp NY Glenville, N.Y. thrift 1,342,049 1,186,421 13.1 1,934,901
91 Susquehanna Bancshares Inc. Lititz, Pa. bank 1,315,648 771,932 70.4 8,751,590
92 United Bankshares Inc. Charleston, W.Va. bank 1,247,706 1,131,025 10.3 5,794,754
93 Bank Mutual Corp. Milwaukee thrift 1,221,248 1,313,696 -7.0 2,014,282
94 First Citizens Bancorp. Inc. Columbia, S.C. bank 1,204,776 1,305,463 -7.7 4,205,277
95 Pacific Capital Bancorp Santa Barbara, Calif. bank 1,180,131 1,247,174 -5.4 5,427,499
96 First Banks Inc. Clayton, Mo. bank 1,163,352 1,085,307 7.2 8,883,254
97 WesBanco Inc. Wheeling, W.Va. bank 1,131,823 953,234 18.7 3,764,643
98 United Community Banks Inc. Blairsville, Ga. bank 1,122,838 1,027,161 9.3 5,957,267
99 Community Bank System Inc. De Witt, N.Y. bank 1,110,701 1,034,904 7.3 2,821,293
100 First Place Financial Corp. Warren, Ohio thrift 1,107,490 1,066,651 3.8 2,718,149
101 OceanFirst Financial Corp. Toms River, N.J. thrift 1,105,285 1,256,753 -12.1 1,692,155
102 Republic Bancorp Inc. Louisville bank 1,104,433 1,105,547 -0.1 2,401,351
103 F.N.B. Corp. Hermitage, Pa. bank 1,102,856 1,164,951 -5.3 4,349,872
104 Banco Bilbao Vizcaya Argentaria SA Bilbao, Spain foreign 1,098,443 964,796 13.9 4,369,483
105 UNIFI Mutual Holding Co. Lincoln, Neb. thrift 1,075,430 891,161 20.7 1,410,595
106 Sterling Financial Corp. Spokane bank 1,057,919 1,098,595 -3.7 9,110,264
107 Park National Corp. Newark, Ohio bank 1,024,319 890,572 15.0 4,224,134
108 Chemical Financial Corp. Midland, Mich. bank 980,390 958,935 2.2 2,807,317
109 Anchor BanCorp Wisconsin Inc. Madison thrift 968,382 964,288 0.4 3,973,083
110 Oriental Financial Group Inc. San Juan, Puerto Rico bank 963,983 897,428 7.4 1,189,726
111 United Community Financial Corp. Youngstown, Ohio bank 959,325 885,523 8.3 2,358,974
112 First Citizens Bancshares Inc. Raleigh bank 949,188 941,200 0.8 10,963,904
113 Eastern Bank Corp. Boston bank 937,471 1,034,560 -9.4 4,052,398
114 Parkvale Financial Corp. Monroeville, Pa. bank 912,123 862,005 5.8 1,222,043
115 First Commonwealth Financial Corp. Indiana, Pa. bank 903,796 1,004,189 -10.0 3,697,819
116 First Financial Holdings Inc. Charleston, S.C. thrift 892,413 886,301 0.7 2,208,484
117 Cambridge Financial Group Inc. Cambridge, Mass. bank 854,003 837,515 2.0 1,444,065
118 Central Bancompany Inc. Jefferson City, Mo. bank 849,889 824,802 3.0 5,529,159
119 Whitney Holding Corp. New Orleans bank 837,991 812,554 3.1 7,642,276
120 Flushing Financial Corp. Lake Success, N.Y. thrift 826,702 748,740 10.4 2,707,612
121 South Financial Group Inc. Greenville, S.C. bank 826,277 905,199 -8.7 10,231,287
122 Provident Financial Holdings Inc. Riverside, Calif. thrift 819,384 852,661 -3.9 1,407,807
123 Wilmington Trust Corp. Del. bank 801,563 800,487 0.1 8,530,020
124 U.S. Bancorp Cincinnati thrift 797,390 725,674 9.9 1,259,953
125 IberiaBank Corp. Lafayette, La. bank 796,762 627,975 26.9 3,487,734
126 Independent Bank Corp. Ionia, Mich. bank 793,724 756,483 4.9 2,582,476
127 City Holding Co. Charleston, W.Va. bank 776,794 724,861 7.2 1,766,913
128 Apple Financial Holdings Inc. New York bank 771,817 0 NA 1,343,652
129 Old National Bancorp Evansville, Ind. bank 758,303 703,142 7.8 4,701,028
130 W Holding Co. Inc. Mayaguez, Puerto Rico bank 733,588 714,169 2.7 9,569,785
131 New South Bancshares Inc. Birmingham, Ala. thrift 733,527 558,402 31.4 1,665,291
132 FirstMerit Corp. Akron bank 731,880 883,961 -17.2 7,055,827
133 Beneficial Savings Bank MHC Philadelphia thrift 726,380 547,663 32.6 2,120,784
134 Central Pacific Financial Corp. Honolulu bank 723,313 579,786 24.8 4,179,277
135 NBT Bancorp Inc. Norwich, N.Y. bank 706,813 729,236 -3.1 3,455,851
136 Lamplighter Financial MHC Wauwatosa, Wis. thrift 695,180 658,223 5.6 1,420,327
137 Salem Five Bancorp Mass. bank 689,488 675,109 2.1 1,729,545
138 Riverside Banking Co. Fort Pierce, Fla. bank 688,215 671,690 2.5 2,688,616
139 FBOP Corp. Oak Park, Ill. bank 674,972 555,380 21.5 10,843,330
140 National Penn Bancshares Inc. Boyertown, Pa. bank 665,908 702,464 -5.2 3,875,253
141 First Charter Corp. Charlotte bank 664,371 692,757 -4.1 3,517,152
142 Berkshire Hills Bancorp Inc. Pittsfield, Mass. bank 639,417 588,856 8.6 1,947,460
143 Kearny MHC Fairfield, N.J. thrift 627,315 510,290 22.9 967,590
144 Glacier Bancorp Inc. Kalispell, Mont. bank 608,740 588,764 3.4 3,611,537
145 First Financial Bancorp. Cincinnati bank 602,051 684,103 -12.0 2,600,602
146 First Merchants Corp. Muncie, Ind. bank 598,729 606,441 -1.3 2,880,578
147 Community Trust Bancorp Inc. Pikeville, Ky. bank 593,785 556,698 6.7 2,230,231
148 Washington Trust Bancorp Inc. Westerly, R.I. bank 590,609 579,670 1.9 1,575,633
149 International Bancshares Corp. Laredo, Tex. bank 589,800 614,909 -4.1 5,536,628
150 Ocean Bankshares Inc. Miami bank 584,720 506,330 15.5 3,988,148

Notes: Data for top tier bank holding companies based on Y-9C filings. Data for thrift holding companies and savings bank holding companies based on TFR filings by their subsidiaries. Only thrifts owned by a thrift holding company or savings bank holding company were included.

Source:
SNL Financial
, Charlottesville, Va.
© 2008 American Banker