Bank Holding Companies with the Most Employees

December 24, 2003, 10:08 a.m. EST 1 Min Read

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Bank Holding Companies with the Most Employees
Full-time equivalent on June 30, 2003. Dollars in thousands Published December 24, 2003
		June 30	Year earlier	Change	Assets
1	Citigroup Inc. New York	261,726	280,206	-6.60%	$1,187,035,000
2	Wells Fargo & Co. San Francisco	135,500	123,500	9.72	369,645,000
3	Bank of America Corp. Charlotte	132,796	135,488	-1.99	769,179,000
4	J.P. Morgan Chase & Co. New York	92,256	95,878	-3.78	802,603,000
5	Wachovia Corp. Charlotte	81,316	82,686	-1.66	364,285,000
6	Bank One Corp. Chicago	68,223	68,959	-1.07	299,463,000
7	U.S. Bancorp Minneapolis	51,570	51,814	-0.47	194,899,000
8	FleetBoston Financial Corp.	49,332	55,323	-10.83	197,248,000
9	MetLife Inc. New York	47,405	49,697	-4.61	309,821,901
10	Countrywide Financial Corp. Calabasas, Calif.	34,778	22,824	52.37	91,785,566
11	National City Corp. Cleveland	32,995	32,371	1.93	123,422,252
12	SunTrust Banks Inc. Atlanta	27,336	28,664	-4.63	120,857,299
13	MBNA Corp. Wilmington, Del.	25,450	25,509	-0.23	57,210,117
14	PNC Financial Services Group Pittsburgh	24,094	24,433	-1.39	67,281,081
15	Bank of New York Co. Inc.	23,106	19,010	21.55	99,607,676
16	Mellon Financial Corp. Pittsburgh	22,882	24,330	-5.95	39,066,864
17	BB&T Corp. Winston-Salem, N.C.	22,773	24,031	-5.23	80,444,806
18	State Street Corp. Boston	22,010	19,541	12.63	83,102,175
19	KeyCorp Cleveland	19,963	20,929	-4.62	85,000,848
20	Fifth Third Bancorp Cincinnati	19,830	18,651	6.32	88,974,290
21	Charles Schwab Corp. San Francisco	16,116	19,138	-15.79	41,835,993
22	Regions Financial Corp. Birmingham, Ala.	16,003	15,604	2.56	49,863,940
23	M&T Bank Corp. Buffalo	13,885	8,809	57.62	50,399,128
24	SouthTrust Corp. Birmingham, Ala.	12,358	13,320	-7.22	51,844,025
25	AmSouth Bancorp. Birmingham, Ala.	12,027	11,360	5.87	43,861,140
26	Synovus Financial Corp. Columbus, Ga.	11,550	10,815	6.8	21,068,599
27	Comerica Inc. Detroit	11,479	11,473	0.05	59,133,300
28	First Tennessee National Corp. Memphis	11,469	10,392	10.36	27,940,372
29	Marshall & Ilsley Corp. Milwaukee	11,447	11,212	2.1	34,089,626
30	Popular Inc. San Juan, Puerto Rico	11,379	11,000	3.45	36,074,000
31	Union Planters Corp. Memphis	10,985	11,313	-2.9	34,987,221
32	Northern Trust Corp. Chicago	8,239	9,384	-12.2	39,071,020
33	Huntington Bancshares Inc. Columbus, Ohio	8,093	8,174	-0.99	28,330,603
34	Zions Bancorp Salt Lake City	7,945	8,221	-3.36	27,805,628
35	Commerce Bancorp Inc. Cherry Hill, N.J.	7,766	6,170	25.87	19,855,872
36	Charter One Financial Inc. Cleveland	7,703	6,914	11.41	44,248,951
37	Compass Bancshares Birmingham, Ala.	7,661	7,181	6.68	25,732,317
38	TCF Financial Corp. Wayzata, Minn.	6,818	6,653	2.48	11,931,744
39	Banknorth Group Inc. Portland, Maine	6,630	6,116	8.4	25,736,193
40	First National of Nebraska Omaha	6,538	6,088	7.39	11,139,495
41	Franklin Resources Inc. San Mateo, Calif.	6,457	6,338	1.88	6,904,256
42	National Commerce Financial Corp. Memphis	5,582	5,249	6.34	22,688,908
43	Hibernia Corp. New Orleans	5,270	5,416	-2.7	17,920,445
44	Commerce Bancshares Inc. Kansas City	4,982	4,992	-0.2	14,027,181
45	GreenPoint Financial Corp. New York	4,768	4,653	2.47	22,676,612
46	First Virginia Banks Inc. Falls Church	4,724	4,872	-3.04	11,335,085
47	First Citizens Bancshares Raleigh	4,686	4,717	-0.66	12,394,744
48	Associated Banc-Corp Green Bay, Wis.	4,170	4,161	0.22	15,266,167
49	UMB Financial Corp. Kansas City	3,959	4,174	-5.15	7,148,668
50	Colonial BancGroup Inc. Montgomery, Ala.	3,847	3,694	4.14	16,227,237
51	BancorpSouth Inc. Tupelo, Miss.	3,841	3,793	1.27	10,602,579
52	Sky Financial Group Inc. Bowling Green, Ohio	3,734	3,045	22.63	12,727,061
53	Irwin Financial Corp. Columbus, Ind.	3,656	2,905	25.85	5,527,161
54	FBOP Corp. Oak Park, Ill.	3,541	1,857	90.68	11,321,627
55	BOK Financial Corp. Tulsa	3,458	3,333	3.75	13,767,700
56	Peoples Mutual Holdings Bridgeport, Conn.	3,380	3,572	-5.38	11,849,612
57	Provident Financial Group Cincinnati	3,355	3,240	3.55	17,979,765
58	Arvest Bank Group Inc. Bentonville, Ark.	3,328	3,000	10.93	5,354,700
59	Cullen/Frost Bankers Inc. San Antonio	3,200	3,212	-0.37	10,063,247
60	FirstMerit Corp. Akron	3,154	3,098	1.81	10,673,905
61	F.N.B. Corp. Naples, Fla.	3,051	2,832	7.73	8,266,396
62	Mercantile Bankshares Corp. Baltimore	3,035	2,926	3.73	11,496,301
63	Old National Bancorp Evansville, Ind.	2,947	2,821	4.47	9,738,523
64	North Fork Bancorp. Melville, N.Y.	2,889	2,697	7.12	22,528,207
65	Bank of Hawaii Corp. Honolulu	2,879	2,983	-3.49	9,558,871
66	Fulton Financial Corp. Lancaster, Pa.	2,869	2,873	-0.14	8,619,287
67	Concord EFS Inc. Memphis	2,614	2,835	-7.8	2,992,347
68	Investors Financial Services Boston	2,436	2,676	-8.97	8,354,060
69	Citizens Banking Corp. Flint, Mich.	2,423	2,695	-10.09	7,785,150
70	City National Corp. Beverly Hills, Calif.	2,374	2,222	6.84	12,357,643
71	Chittenden Corp. Burlington, Vt.	2,343	1,843	27.13	6,042,681
72	Valley National Bancorp Wayne, N.J.	2,342	2,126	10.16	9,506,570
73	Whitney Holding Corp. New Orleans	2,340	2,391	-2.13	7,288,406
74	Wilmington Trust Corp. Del.	2,319	2,332	-0.56	9,038,535
75	Trustmark Corp. Jackson, Miss.	2,286	2,420	-5.54	7,373,299
76	R&G Financial Corp. San Juan, Puerto Rico	2,206	1,820	21.21	7,256,132
77	Central Bancompany Jefferson City, Mo.	2,198	2,162	1.67	6,191,998
78	Community First Bankshares Fargo, N.D.	2,186	2,253	-2.97	5,586,126
79	Doral Financial Corp. San Juan, Puerto Rico	2,175	1,965	10.69	9,396,446
80	First Banks Inc. St Louis	2,054	1,893	8.51	7,071,337
81	United National Corp. Sioux Falls, S.D.	2,030	1,691	20.05	979,581
82	International Bancshares Corp. Laredo, Tex.	1,989	1,886	5.46	6,771,981
83	First Bancorp San Juan, Puerto Rico	1,938	1,592	21.73	9,934,314
84	Hudson United Bancorp Mahwah, N.J.	1,872	1,812	3.31	7,988,273
85	Susquehanna Bancshares Inc. Lititz, Pa.	1,834	1,775	3.32	5,789,330
86	Hancock Holding Co. Gulfport, Miss.	1,789	1,770	1.07	4,133,052
87	FirstBank Holding Co. Lakewood, Colo.	1,787	1,772	0.85	6,535,377
88	South Financial Group Greenville, S.C.	1,712	1,485	15.29	9,255,479
89	Greater Bay Bancorp Palo Alto, Calif.	1,701	1,707	-0.35	8,137,441
90	First Interstate BancSystem Billings, Mont.	1,675	1,586	5.61	3,739,137
91	Dickinson Financial Corp. II Kansas City, Mo.	1,653	1,574	5.02	3,580,225
	First Financial Bancorp Hamilton, Ohio	1,653	1,669	-0.96	3,912,404
93	Park National Corp. Newark, Ohio	1,629	1,595	2.13	5,002,480
94	Provident Bankshares Corp. Baltimore	1,618	1,515	6.8	5,098,126
95	First Citizens Bancorp Columbia, S.C.	1,594	1,495	6.62	4,146,843
96	First Midwest Bancorp Inc. Itasca, Ill.	1,558	1,515	2.84	6,447,638
97	Southwest Bancorp Houston	1,556	1,477	5.35	5,441,908
98	Riggs National Corp. Washington	1,530	1,591	-3.83	7,179,957
99	United Bankshares Inc. Charleston, W.Va.	1,509	1,431	5.45	5,753,006
100	New York Community Bancorp Westbury, N.Y.	1,457	1,467	-0.68	12,447,098
101	First Commonwealth Financial Corp. Indiana, Pa.	1,447	1,490	-2.89	4,841,509
102	Amcore Financial Inc. Rockford, Ill.	1,417	1,358	4.34	4,496,808
	Chemical Financial Corp. Midland, Mich.	1,417	1,400	1.21	3,587,829
104	BancFirst Corp. Oklahoma City	1,324	1,378	-3.92	2,848,332
105	Emigrant Bancorp Inc. New York	1,313	1,296	1.31	10,094,104
106	1st Source Corp. South Bend, Ind.	1,289	1,240	3.95	3,293,851
107	Alabama National Bancorp. Birmingham	1,281	1,155	10.91	3,891,969
108	Texas Regional Bancshares McAllen	1,264	1,107	14.18	4,074,954
109	Republic Bancorp Inc. Owosso, Mich.	1,253	1,258	-0.4	5,030,955
110	First Community Bancshares Inc. Houston	1,226	1,133	8.21	608,864
111	NBT Bancorp Inc. Norwich, N.Y.	1,217	1,235	-1.46	3,917,457
112	Pacific Capital Bancorp Santa Barbara, Calif.	1,212	1,179	2.8	4,538,463
113	WesBanco Inc. Wheeling, W.Va.	1,171	1,172	-0.09	3,410,982
114	First National Bank Holding Scottsdale, Ariz.	1,166	730	59.73	1,442,673
115	Independent Bank Corp. Ionia, Mich.	1,148	1,011	13.55	2,301,370
116	First Merchants Corp. Muncie, Ind.	1,132	1,190	-4.87	3,056,961
	Community Bank System Inc. Dewitt, N.Y.	1,132	1,119	1.16	3,356,261
118	Pinnacle Bancorp Inc. Central City, Neb.	1,111	967	14.89	3,295,536
119	United Community Banks Inc. Blairsville, Ga.	1,100	1,090	0.92	3,905,929
120	Eastern Bank Corp. Boston	1,087	1,074	1.21	4,550,342
121	W Holding Co. Mayaguez, Puerto Rico	1,078	1,004	7.37	9,498,936
122	Hudson City MHC Paramus, N.J.	1,025	1,024	0.1	15,456,332
123	Westamerica Bancorp San Rafael, Calif.	1,024	1,079	-5.1	4,566,825
124	National Penn Bancshares Boyertown, Pa.	1,011	836	20.93	3,371,134
125	Intrust Financial Corp. Wichita	1,001	1,008	-0.69	2,546,124
126	Simmons First National Corp. Pine Bluff, Ark.	992	962	3.12	1,989,203
	Umpqua Holdings Corp. Portland, Ore.	992	662	49.85	2,745,246
128	Sterling Bancshares Inc. Houston	991	1,014	-2.27	3,447,183
129	First Charter Corp. Charlotte	990	957	3.45	3,988,649
130	Silicon Valley Bancshares Santa Clara, Calif.	980	997	-1.71	4,256,037
131	Johnson Financial Group Inc. Racine, Wis.	967	834	15.95	2,834,656
132	Ocean Bankshares Inc. Miami	940	908	3.52	4,218,859
133	Gold Banc Corp. Inc. Leawood, Kan.	939	896	4.8	4,169,466
134	MB Financial Inc. Chicago	937	815	14.97	4,266,391
135	Woodforest Financial Group Inc. The Woodlands, Tex.	917	885	3.62	1,356,758
136	Community Trust Bancorp Inc. Pikeville, Ky.	902	872	3.44	2,507,025
137	Integra Bank Corp. Evansville, Ind.	895	941	-4.89	2,993,642
	CIB Marine Bancshares Inc. Pewaukee, Wis.	895	751	19.17	3,596,995
139	Fremont Bancorp Calif.	879	485	81.24	1,776,238
140	Seacoast Financial Services Corp. New Bedford, Mass.	875	753	16.2	4,476,815
141	Republic Bancshares Inc. St. Petersburg, Fla.	866	841	2.97	2,735,217
142	Wintrust Financial Corp. Lake Forest, Ill.	853	804	6.09	4,131,620
143	Riverside Banking Co. Fort Pierce, Fla.	849	689	23.22	1,994,993
144	Local Financial Corp. Oklahoma City	843	819	2.93	2,847,923
145	First Financial Corp. Terre Haute, Ind.	825	762	8.27	2,144,226
146	Capital City Bank Group Inc. Tallahassee, Fla.	783	781	0.26	1,868,516
	Bankfirst Corp. Inc. Sioux Falls, S.D.	783	1,316	-40.5	801,860
148	Pacific Northwest Bancorp Seattle	772	826	-6.54	3,082,923
149	First Financial Bankshares Inc. Abilene, Tex.	770	737	4.48	2,028,325
150	Glacier Bancorp Inc. Kalispell, Mont.	768	754	1.86	2,511,361
	S & T Bancorp Inc. Indiana, Pa.	768	681	12.78	2,898,600

Note: Includes employees of holding company and subsidiaries. Data from consolidated Y-9C reports filed with the Federal Reserve
Source: Sheshunoff Information Services,a division of Thomson Corp.
© 2003 American Banker