Bank Companies with Highest Multiples of Net Income to Salary, Benefits

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Bank Companies with Highest Multiples of Net Income to Salary, Benefits

Banking Companies with Highest Multiples of Net Income to Salary, BenefitsOn June 30, 2009. Dollars in thousands
Published November 13, 2009

Rank   Multiple Net income Salary and benefits Return on average assets
1 NRBC Holding Corp. Chicago 12.93 $11,222 $868 3.82%
2 SBT Bancshares Inc. Irving, Texas 11.72 6,843 584 4.59
3 Republic Bancorp Co. Oak Brook, Ill. 7.66 27,375 3,574 9.15
4 Oriental Financial Group Inc. San Juan, Puerto Rico 6.35 50,914 8,020 3.1
5 Midland States Bancorp Inc. Effingham, Ill. 4.67 23,887 5,118 12.17
6 First Bancorp Troy, N.C. 3.77 36,018 9,552 5.28
7 Wilshire Bancorp Inc. Los Angeles 2.3 13,746 5,968 2.03
8 Fifth Third Bancorp Cincinnati 2.07 881,996 426,756 3.05
9 Fidelity Holding Co. Minnetonka, Minn. 1.76 2,087 1,189 1.97
10 United National Corp. Sioux Falls, S.D. 1.67 64,387 38,541 16.68
11 Tennessee State Bancshares Inc. Pigeon Forge 1.64 4,006 2,448 2.21
12 Hometown Community Bancorp Inc. Morton, Ill. 1.59 7,796 4,894 1.53
13 Briscoe Ranch Inc. Uvalde, Texas 1.58 3,005 1,903 1.9
14 Citizens Bankshares Inc. Farmington, N.M. 1.56 2,764 1,772 1.99
15 Bank of Highland Park Financial Corp. Ill. 1.54 3,290 2,142 0.95
16 United Community Bancorp Inc. Chatham, Ill. 1.51 3,766 2,491 1.96
17 First Bancorp Inc. Damariscotta, Maine 1.47 3,762 2,552 1.09
18 Bank of Southside Virginia Corp. Carson 1.43 2,397 1,673 1.85
19 Charter Bankshares Inc. Eau Claire, Wis. 1.41 2,043 1,451 1.14
20 CentraBanc Corp. Waco, Texas 1.35 2,045 1,517 1.54
21 Stockman Financial Corp. Miles City, Mont. 1.34 8,086 6,022 2.01
22 Westamerica Bancorp. San Rafael, Calif. 1.33 23,183 17,448 1.76
Bank of the Ozarks Inc. Little Rock 1.33 10,577 7,977 1.38
24 Waupaca Bancorp. Inc. Wis. 1.32 2,671 2,017 1.54
25 Prosperity Bancshares Inc. Houston 1.29 26,510 20,494 1.2
Franklin Resources Inc. San Mateo, Calif. 1.29 297,716 230,943 13.23
27 Manhattan Banking Corp. Kan. 1.28 2,195 1,712 1.26
28 New York Community Bancorp Inc. Westbury 1.25 56,448 45,047 0.69
Amarillo National Bancorp Inc. Texas 1.25 10,750 8,591 1.59
American National Corp. Omaha 1.25 7,976 6,388 1.85
31 Inwood Bancshares Inc. Dallas 1.24 5,207 4,209 1.55
32 One American Corp. Vacherie, La. 1.22 3,774 3,093 2.13
33 National Bankshares Inc. Blacksburg, Va. 1.2 3,357 2,794 1.37
Citizens Bancshares Inc. Bluffton, Ohio 1.2 2,365 1,970 1.67
35 Parke Bancorp Inc. Sewell, N.J. 1.18 1,180 1,002 0.74
36 Weststar Bank Holding Co. Inc. El Paso 1.17 3,410 2,925 1.77
37 CBX Corp. Carrollton, Ill. 1.15 2,330 2,030 1.22
38 Capitol Bancorp. Inc. Britton, S.D. 1.11 2,333 2,100 1.53
Ida Grove Bancshares Inc. Iowa 1.11 3,602 3,253 1.31
40 Pinnacle Bancorp Inc. Central City, Neb. 1.1 21,841 19,823 1.64
First Financial Bankshares Inc. Abilene, Texas 1.1 13,566 12,318 1.79
Whitcorp Financial Co. Leoti, Kan. 1.1 2,389 2,174 1.61
First Keystone Corp. Berwick, Pa. 1.1 2,163 1,975 1.16
44 Industry Bancshares Inc. Industry, Texas 1.06 3,166 2,980 1.3
Citizens Financial Services Inc. Mansfield, Pa. 1.06 2,472 2,328 1.43
46 Plains Bancorp Inc. Lubbock 1.04 3,087 2,959 1.51
City Holding Co. Charleston, W.Va. 1.04 10,146 9,797 1.55
48 CVB Financial Corp. Ontario, Calif. 1.03 15,860 15,376 0.99
NEB Corp. Fond Du Lac, Wis. 1.03 4,459 4,332 1.3
Bar Harbor Bankshares Maine 1.03 2,756 2,681 1.03
51 Nodaway Valley Bancshares Inc. Maryville, Mo. 1.02 2,419 2,374 1.46
Ambank Co. Inc. Sioux Center, Iowa 1.02 2,366 2,325 1.33
53 FirstBank Holding Co. Lakewood, Colo. 1.01 33,434 33,150 1.42
54 First Bancorp Inc. Lebanon, Va. 1 3,811 3,794 1.49
FirstPerryton Bancorp Inc. Texas 1 2,790 2,800 1.67
56 Cummins-American Corp. Glenview, Ill. 0.99 3,085 3,106 1.2
Cameron Bancshares Inc. Lake Charles, La. 0.99 2,891 2,913 1.73
Cashmere Valley Financial Corp. Cashmere, Wash. 0.99 2,968 2,997 1.17
Lakeside Bancorp Inc. Chicago 0.99 2,059 2,083 0.79
60 Forcht Bancorp Inc. Lexington, Ky. 0.98 4,053 4,138 1.54
American Bank Inc. Allentown, Pa. 0.98 655 669 0.55
62 Stearns Financial Services Inc. St. Cloud, Minn. 0.97 3,792 3,926 1.41
63 International Bancshares Corp. Laredo, Texas 0.96 31,133 32,325 1.07
Heartland Bancorp Inc. Bloomington, Ill. 0.96 5,204 5,423 1.46
65 First Financial Banc Corp. El Dorado, Ark. 0.95 3,208 3,363 2.11
66 Olney Bancshares of Texas Inc. 0.94 4,279 4,541 1.09
Security National Corp. Omaha 0.94 2,691 2,859 1.68
68 Traditional Bancorp. Inc. Mount Sterling, Ky. 0.93 2,349 2,522 1.03
69 Blackhawk Bancorp. Inc. Milan, Ill. 0.91 2,026 2,220 1
Palm Bancorp Palmerton, Pa. 0.91 1,537 1,687 1.06
Magnolia Banking Corp. Magnolia, Ark. 0.91 1,910 2,100 1.21
72 First Paragould Bankshares Inc. Ark. 0.9 1,581 1,760 1.03
Northern Trust Corp. Chicago 0.9 314,129 349,729 1.7
Southside Bancshares Inc. Tyler, Texas 0.9 9,377 10,460 1.36
First New Mexico Financial Corp. Deming 0.9 1,027 1,146 1.2
76 Southeast Bancshares Inc. Chanute, Kan. 0.89 $862 $964 1.30%
Ames National Corp. Iowa 0.89 2,409 2,704 1.09
78 First Citizens Financial Corp. Mason City, Iowa 0.88 2,819 3,192 1.09
Planters Holding Co. Indianola, Miss. 0.88 1,655 1,884 1.19
Hometown Banc Corp Grand Island, Neb. 0.88 1,972 2,245 1.14
Guaranty Bancshares Inc. Mount Pleasant, Texas 0.88 2,675 3,055 1.41
82 Penseco Financial Services Corp. Scranton, Pa. 0.87 2,869 3,314 1.35
83 Southwest Bancorp Inc. Stillwater, Okla. 0.86 5,945 6,887 0.81
84 Porter Bancorp Inc. Louisville 0.85 3,245 3,813 0.75
85 Park National Corp. Newark, Ohio 0.84 21,307 25,334 1.21
86 Montecito Bancorp Santa Barbara, Calif. 0.83 2,774 3,324 1.24
American Bancorp. Inc. Sapulpa, Okla. 0.83 2,309 2,775 1.36
Villages Bancorp. Inc. The Villages, Fla. 0.83 1,781 2,142 0.69
Suffolk Bancorp Riverhead, N.Y. 0.83 5,708 6,871 1.38
M&F Bancorp Inc. Holly Springs, Miss. 0.83 368 443 1.83
Midland Financial Corp. Casper, Wyo. 0.83 1,851 2,230 1.59
92 United Security Bancshares Inc. Thomasville, Ala. 0.82 2,872 3,486 1.71
First National Security Co. Hot Springs, Ark. 0.82 1,994 2,423 1.01
First Artesia Bancshares Inc. N.M. 0.82 2,863 3,507 1.63
95 Alpine Banks of Colorado Glenwood Springs 0.81 8,476 10,445 1.23
Orrstown Financial Services Inc. Shippensburg, Pa. 0.81 3,454 4,268 1.26
97 Apple Financial Holdings Inc. New York 0.8 9,712 12,190 0.58
First Farmers Financial Corp. Converse, Ind. 0.8 2,007 2,520 1.19
Nextier Inc. Butler, Pa. 0.8 3,013 3,784 2.11
100 Rockhold Bancorp Kirksville, Mo. 0.79 662 834 0.58
American State Financial Corp. Lubbock 0.79 6,942 8,767 1.23
CCFNB Bancorp Inc. Bloomsburg, Pa. 0.79 1,551 1,971 1.09
Intrust Financial Corp. Wichita 0.79 11,789 14,994 1.35
104 Camden National Corp. Maine 0.77 5,004 6,465 0.88
River Valley Bancorp. Inc. Wausau, Wis. 0.77 3,601 4,676 1.56
Citco Community Bancshares Inc. Elizabethton, Tenn. 0.77 1,471 1,916 0.93
RCB Holding Co. Inc. Claremore, Okla. 0.77 4,471 5,824 1.37
108 CNB Bancshares Inc. Sevierville, Tenn. 0.76 1,958 2,579 1.01
109 Arrow Financial Corp. Glens Falls, N.Y. 0.75 4,931 6,615 1.15
110 Merchants and Southern Banks of Florida Inc. Gainesville 0.74 1,174 1,580 1.19
Security Holding Co. Fredericksburg, Texas 0.74 2,155 2,917 1.43
112 AFNB Holdings Inc. Houston 0.72 1,469 2,031 0.84
113 Bank of Marin Bancorp Novato, Calif. 0.71 3,133 4,418 1.16
Central of Kansas Inc. Junction City 0.71 3,217 4,548 1.46
115 First Community Bancshares Inc. Batesville, Ark. 0.7 1,475 2,096 1.02
First Star Bancorp Inc. Bethlehem, Pa. 0.7 475 679 0.31
117 Banterra Corp. Eldorado, Ill. 0.69 2,971 4,294 1.13
Security National Corp. Dakota Dunes, S.D. 0.69 2,935 4,258 1.06
Citigroup Inc. New York 0.69 4,279,000 6,208,000 0.9
Jeff Davis Bancshares Inc. Jennings, La. 0.69 1,475 2,140 1.18
First Security Bancorp Searcy, Ark. 0.69 13,433 19,545 1.81
County Bancorp Inc. Manitowoc, Wis. 0.69 1,001 1,457 0.64
Citizens National Banc Corp. Meridian, Miss. 0.69 2,928 4,263 0.98
124 CNB Financial Corp. Clearfield, Pa. 0.68 2,488 3,635 0.96
First of Long Island Corp. Glen Head, N.Y. 0.68 3,408 5,001 1.02
FSB Mutual Holdings Inc. Perkasie, Pa. 0.68 1,652 2,434 0.6
Reliable Community Bancshares Inc. Perryville, Mo. 0.68 1,952 2,882 1.06
128 Bank of Hawaii Corp. Honolulu 0.67 31,006 46,065 1.06
Starion Bancorp. Bismarck, N.D. 0.67 1,820 2,711 1.08
Citizens Bank Holding Inc. Mukwonago, Wis. 0.67 1,403 2,096 0.93
131 BOU Bancorp Inc. Ogden, Utah 0.66 2,382 3,585 1.33
Broadway Bancshares Inc. San Antonio 0.66 6,689 10,092 1.32
1st Summit Bancorp of Johnstown Inc. Pa. 0.66 1,088 1,652 0.75
134 Solvay Bank Corp. N.Y. 0.65 1,286 1,965 0.98
LSB Corp. North Andover, Mass. 0.65 1,061 1,627 0.55
Smithtown Bancorp Inc. Hauppauge, N.Y. 0.65 3,413 5,241 0.61
Home BancShares Inc. Conway, Ark. 0.65 5,440 8,432 0.84
138 Evangeline Bancshares Inc. Ville Platte, La. 0.64 1,157 1,794 0.82
Salem Five Bancorp Mass. 0.64 5,107 7,926 0.72
Durant Bancorp Inc. Okla. 0.64 5,793 9,005 1.12
F&M Bank Corp. Timberville, Va. 0.64 1,091 1,704 0.85
Diamond Bancorp Inc. Washington, Mo. 0.64 1,234 1,933 0.65
Lakeland Financial Corp. Warsaw, Ind. 0.64 4,448 7,004 0.73
144 Security Bancorp of Tennessee Inc. Halls 0.63 1,018 1,612 1.15
Wilson Bank Holding Co. Lebanon, Tenn. 0.63 3,273 5,204 0.91
146 Summit Bancorp Inc. Arkadelphia, Ark. 0.62 2,397 3,843 0.91
LCNB Corp. Lebanon, Ohio 0.62 1,840 2,986 1.03
Trust No. 3 Under the Will of Charles Henderson Troy, Ala. 0.62 1,181 1,918 0.62
Foresight Financial Group Inc. Rockford, Ill. 0.62 1,430 2,324 0.74
Tri City Bankshares Corp. Oak Creek, Wis. 0.62 2,577 4,190 1.34

Note: Only domestic holding companies that file Y-9C reports are included. Based on filings by top-tier bank holding companies with the Federal Reserve. Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Oct. 23, 2009.

Source:

SNL Financial
, Charlottesville, Va.
© 2009 American Banker