Bank Holding Companies with the Most Employees

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Bank Holding Companies with the Most Employees

Bank Holding Companies with the Most EmployeesFull-time equivalent on Sept. 30, 2009. Dollars in thousands
Published February 26, 2010

Rank   Sept. 30 Year earlier Change Assets
1 Citigroup Inc. New York 300,957 371,219 -18.93% $1,888,599,000
2 Bank of America Corp. Charlotte 281,863 247,024 14.10 2,252,813,550
3 Wells Fargo & Co. San Francisco 265,100 159,000 66.73 1,228,625,000
4 JPMorgan Chase & Co. New York 209,854 221,698 -5.34 2,041,009,000
5 Morgan Stanley New York 62,004 NA NA 769,503,000
6 American Express Co. New York 59,188 NA NA 119,390,824
7 PNC Financial Services Group Inc. Pittsburgh 55,346 27,663 100.07 271,449,905
8 U.S. Bancorp Minneapolis 54,593 54,222 0.68 265,058,000
9 MetLife Inc. New York 52,360 55,379 -5.45 535,192,209
10 Bank of New York Mellon Corp. 42,000 43,200 -2.78 212,470,000
11 BB&T Corp. Winston-Salem, N.C. 32,809 29,818 10.03 165,329,114
12 Goldman Sachs Group Inc. New York 31,700 NA NA 882,586,000
13 Regions Financial Corp. Birmingham, Ala. 28,995 30,673 -5.47 140,169,410
14 SunTrust Banks Inc. Atlanta 28,015 29,447 -4.86 172,814,097
15 State Street Corp. Boston 27,130 28,950 -6.29 162,730,469
16 Capital One Financial Corp. McLean, Va. 25,963 23,453 10.70 168,503,921
17 Fifth Third Bancorp Cincinnati 20,559 21,521 -4.47 110,740,377
18 GMAC Inc. Detroit 20,376 NA NA 178,257,000
19 KeyCorp Cleveland 16,954 17,936 -5.48 96,985,260
20 Northern Trust Corp. Chicago 12,411 12,124 2.37 77,926,946
21 Zions Bancorp. Salt Lake City 10,616 10,971 -3.24 53,425,093
22 Huntington Bancshares Inc. Columbus, Ohio 10,194 10,890 -6.39 52,510,852
23 Popular Inc. Hato Rey, Puerto Rico 9,608 11,042 -12.99 35,638,000
24 Comerica Inc. Dallas 9,384 10,347 -9.31 59,752,866
25 Discover Financial Services Riverwoods, Ill. 9,348 NA NA 43,814,993
26 Marshall & Ilsley Corp. Milwaukee 8,918 9,457 -5.70 58,664,466
27 Franklin Resources Inc. San Mateo, Calif. 7,707 8,809 -12.51 9,432,140
28 TCF Financial Corp. Wayzata, Minn. 6,536 6,759 -3.30 17,768,950
29 Synovus Financial Corp. Columbus, Ga. 6,165 6,738 -8.50 34,610,480
30 First Horizon National Corp. Memphis 5,837 6,091 -4.17 26,466,670
31 Commerce Bancshares Inc. Kansas City, Mo. 5,080 5,244 -3.13 17,965,403
32 Associated Banc-Corp Green Bay, Wis. 4,920 5,117 -3.85 22,884,589
33 Arvest Bank Group Inc. Bentonville, Ark. 4,877 4,821 1.16 10,482,614
34 Woodforest Financial Group Inc. The Woodlands, Texas 4,838 4,622 4.67 3,307,002
35 First Citizens BancShares Inc. Raleigh 4,527 4,598 -1.54 18,512,879
36 CIT Group Inc. New York 4,480 NA NA 69,188,609
37 BOK Financial Corp. Tulsa 4,446 4,300 3.40 23,918,833
38 BancorpSouth Inc. Tupelo, Miss. 4,444 4,514 -1.55 13,280,753
39 Stifel Financial Corp. St. Louis 4,174 3,038 37.39 2,890,795
40 Cullen/Frost Bankers Inc. San Antonio 3,930 3,835 2.48 16,234,139
41 International Bancshares Corp. Laredo, Texas 3,638 3,660 -0.60 11,685,584
42 Fulton Financial Corp. Lancaster, Pa. 3,557 3,626 -1.90 16,526,709
43 UMB Financial Corp. Kansas City, Mo. 3,256 3,296 -1.21 10,235,496
44 Wilmington Trust Corp. Del. 2,902 2,925 -0.79 11,167,993
45 City National Corp. Los Angeles 2,891 3,027 -4.49 18,403,310
46 Old National Bancorp Evansville, Ind. 2,828 2,489 13.62 7,973,933
47 Susquehanna Bancshares Inc. Lititz, Pa. 2,801 3,026 -7.44 13,659,154
48 First BanCorp. San Juan, Puerto Rico 2,771 2,867 -3.35 20,081,186
49 Webster Financial Corp. Waterbury, Conn. 2,767 2,957 -6.43 17,855,211
50 Valley National Bancorp Wayne, N.J. 2,727 2,756 -1.05 14,231,870
51 United National Corp. Sioux Falls, S.D. 2,702 2,607 3.64 1,667,743
52 Whitney Holding Corp. New Orleans 2,663 2,446 8.87 11,659,646
53 Sterling Financial Corp. Spokane 2,601 2,523 3.09 11,898,854
54 Trustmark Corp. Jackson, Miss. 2,550 2,623 -2.78 9,368,498
55 New York Community Bancorp Inc. Westbury 2,547 2,768 -7.98 32,922,009
56 FirstMerit Corp. Akron 2,522 2,614 -3.52 10,763,909
57 PlainsCapital Corp. Dallas 2,517 1,598 57.51 4,676,303
58 Bank of Hawaii Corp. Honolulu 2,474 2,573 -3.85 12,208,025
59 Central Bancompany Inc. Jefferson City, Mo. 2,414 2,553 -5.44 8,966,360
60 F.N.B. Corp. Hermitage, Pa. 2,387 2,386 0.04 8,595,872
61 Wintrust Financial Corp. Lake Forest, Ill. 2,337 2,026 15.35 12,136,021
62 First Community Bancshares Inc. Killeen, Texas 2,286 2,350 -2.72 1,055,703
63 South Financial Group Inc. Greenville, S.C. 2,209 2,535 -12.86 12,301,014
64 Citizens Republic Bancorp Inc. Flint, Mich. 2,173 2,261 -3.89 12,100,215
65 Dickinson Financial Corp. II Kansas City, Mo. 2,151 2,259 -4.78 5,603,625
66 First Banks Inc. Clayton, Mo. 2,066 2,302 -10.25 10,657,189
67 Park National Corp. Newark, Ohio 2,050 2,058 -0.39 6,970,678
68 FirstBank Holding Co. Lakewood, Colo. 2,005 1,910 4.97 9,880,957
69 Hancock Holding Co. Gulfport, Miss. 1,903 1,941 -1.96 6,824,691
70 Umpqua Holdings Corp. Portland, Ore. 1,840 1,690 8.88 9,209,603
71 United Community Banks Inc. Blairsville, Ga. 1,812 1,950 -7.08 8,443,617
72 National Penn Bancshares Inc. Boyertown, Pa. 1,780 1,805 -1.39 9,740,310
73 First Citizens Bancorp. Inc. Columbia, S.C. 1,753 1,705 2.82 8,336,491
74 First Midwest Bancorp Inc. Itasca, Ill. 1,751 1,792 -2.29 7,678,940
75 First Interstate BancSystem Inc. Billings, Mont. 1,735 1,868 -7.12 6,919,800
76 Bremer Financial Corp. St. Paul 1,724 1,724 0.00% $7,781,402
77 MB Financial Inc. Chicago 1,680 1,383 21.48 14,135,212
78 First Commonwealth Financial Corp. Indiana, Pa. 1,624 1,587 2.33 6,512,375
79 Prosperity Bancshares Inc. Houston 1,608 1,365 17.80 8,960,868
80 Community Bank System Inc. De Witt, N.Y. 1,607 1,508 6.56 5,378,095
81 Glacier Bancorp Inc. Kalispell, Mont. 1,576 1,538 2.47 5,708,300
82 Eastern Bank Corp. Boston 1,570 1,645 -4.56 6,613,855
83 Iberiabank Corp. Lafayette, La. 1,546 1,459 5.96 6,466,784
84 United Bankshares Inc. Charleston, W.Va. 1,497 1,544 -3.04 8,082,808
85 R&G Financial Corp. Hato Rey, Puerto Rico 1,478 1,660 -10.96 6,575,377
86 BancFirst Corp. Oklahoma City 1,449 1,433 1.12 4,322,104
87 NBT Bancorp Inc. Norwich, N.Y. 1,444 1,368 5.56 5,484,387
88 W Holding Co. Inc. Mayaguez, Puerto Rico 1,435 1,479 -2.97 13,489,407
89 WesBanco Inc. Wheeling, W.Va. 1,428 1,519 -5.99 5,565,751
90 Chemical Financial Corp. Midland, Mich. 1,424 1,396 2.01 4,268,363
91 Capitol Bancorp Ltd. Lansing, Mich. 1,345 1,639 -17.94 5,323,324
92 Johnson Financial Group Inc. Racine, Wis. 1,342 1,350 -0.59 6,095,462
93 Pinnacle Bancorp Inc. Central City, Neb. 1,307 1,421 -8.02 5,371,246
94 SVB Financial Group Santa Clara, Calif. 1,259 1,237 1.78 12,557,406
95 East West Bancorp Inc. Pasadena, Calif. 1,238 1,307 -5.28 12,486,027
96 First Merchants Corp. Muncie, Ind. 1,220 1,150 6.09 4,476,484
97 Independent Bank Corp. Ionia, Mich. 1,219 1,202 1.41 2,964,401
98 Pacific Capital Bancorp Santa Barbara, Calif. 1,191 1,393 -14.50 7,901,286
99 Doral GP Ltd. San Juan, Puerto Rico 1,182 1,479 -20.08 9,943,663
100 1st Source Corp. South Bend, Ind. 1,181 1,254 -5.82 4,416,237
101 First Financial Bancorp. Cincinnati 1,150 1,052 9.32 7,259,902
102 Simmons First National Corp. Pine Bluff, Ark. 1,111 1,125 -1.24 2,915,437
103 Banner Corp. Walla Walla, Wash. 1,067 1,119 -4.65 4,788,008
104 NewAlliance Bancshares Inc. New Haven 1,062 1,118 -5.01 8,542,177
105 Westamerica Bancorp. San Rafael, Calif. 1,057 898 17.71 4,969,892
106 Harleysville National Corp. Pa. 1,032 794 29.97 5,163,359
107 PrivateBancorp Inc. Chicago 1,031 761 35.48 12,082,584
108 Western Alliance Bancorp. Las Vegas 1,023 1,032 -0.87 5,831,317
109 Amcore Financial Inc. Rockford, Ill. 1,017 1,251 -18.71 4,365,383
Capital City Bank Group Inc. Tallahassee, Fla. 1,017 1,043 -2.49 2,478,375
111 Metro Bancorp Inc. Harrisburg, Pa. 1,016 928 9.48 2,086,495
112 Sterling Bancshares Inc. Houston 1,013 1,119 -9.47 4,860,638
113 Heartland Financial USA Inc. Dubuque, Iowa 1,001 830 20.60 3,879,613
114 Community Trust Bancorp Inc. Pikeville, Ky. 987 991 -0.40 3,035,376
115 Central Pacific Financial Corp. Honolulu 979 1,052 -6.94 5,171,510
116 New York Private Bank and Trust Corp. 974 1,209 -19.44 15,714,374
117 First Security Bancorp Searcy, Ark. 972 927 4.85 3,087,474
118 Independent Bank Corp. Rockland, Mass. 957 865 10.64 4,434,003
PacWest Bancorp San Diego 957 869 10.13 5,480,555
120 Intrust Financial Corp. Wichita 955 979 -2.45 3,471,661
121 Cathay General Bancorp El Monte, Calif. 952 1,015 -6.21 11,749,763
122 MainSource Financial Group Inc. Greensburg, Ind. 950 871 9.07 2,934,326
123 Provident Financial Services Inc. Jersey City 943 928 1.62 6,816,309
124 First Financial Bankshares Inc. Abilene, Texas 942 972 -3.09 3,076,193
125 S&T Bancorp Inc. Indiana, Pa. 941 946 -0.53 4,208,224
126 First Busey Corp. Urbana, Ill. 901 983 -8.34 3,973,906
127 Great Southern Bancorp Inc. Springfield, Mo. 897 670 33.88 3,728,239
128 Boston Private Financial Holdings Inc. 866 1,247 -30.55 5,889,341
129 Ocean Bankshares Inc. Miami 858 1,052 -18.44 4,206,073
130 Riverside Banking Co. Fort Pierce, Fla. 838 922 -9.11 3,474,080
131 StellarOne Corp. Charlottesville, Va. 825 841 -1.90 2,982,286
132 First Financial Corp. Terre Haute, Ind. 822 768 7.03 2,497,956
133 City Holding Co. Charleston, W.Va. 814 812 0.25 2,604,515
134 First National Bank Group Inc. Edinburg, Texas 813 987 -17.63 3,700,722
135 Renasant Corp. Tupelo, Miss. 810 877 -7.64 3,642,657
136 First Bancorp Troy, N.C. 808 651 24.12 3,530,257
137 First Mariner Bancorp Baltimore 789 1,019 -22.57 1,410,635
138 Cass Information Systems Inc. Bridgeton, Mo. 785 832 -5.65 1,033,395
139 BancPlus Corp. Belzoni, Miss. 780 761 2.50 2,082,934
140 Metropolitan Bank Group Inc. Chicago 769 893 -13.89 3,136,106
141 Pinnacle Financial Partners Inc. Nashville 768 723 6.22 5,098,351
142 Sun Bancorp Inc. Vineland, N.J. 759 748 1.47 3,545,639
143 Integra Bank Corp. Evansville, Ind. 755 849 -11.07 3,258,325
144 Republic Bancorp Inc. Louisville 752 721 4.30 3,037,421
145 West Coast Bancorp Lake Oswego, Ore. 744 829 -10.25 2,653,357
146 Valley View Bancshares Inc. Overland Park, Kan. 739 742 -0.40 3,176,987
147 W.T.B. Financial Corp. Spokane 732 750 -2.40 3,917,523
148 Green Bankshares Inc. Greeneville, Tenn. 721 789 -8.62 2,794,217
149 Columbia Banking System Inc. Tacoma 708 726 -2.48 3,167,409
150 Bank of the Ozarks Inc. Little Rock 705 703 0.28 2,889,686
151 CVB Financial Corp. Ontario, Calif. 704 719 -2.09 6,547,182
152 SCBT Financial Corp. Columbia, S.C. 699 711 -1.69 2,776,684
153 Frontier Financial Corp. Everett, Wash. 698 828 -15.70 3,771,390
154 Hampton Roads Bankshares Inc. Norfolk 696 277 151.26 2,938,994
155 Farmers & Merchants Investment Inc. Lincoln, Neb. 693 692 0.14 2,564,516
156 Bessemer Group Inc. Woodbridge, N.J. 675 656 2.90 1,652,263
157 Union Bankshares Corp. Bowling Green, Va. 665 679 -2.06 2,585,602
158 Investors Bancorp MHC Short Hills, N.J. 656 552 18.84 8,201,645
159 Sandy Spring Bancorp Inc. Olney, Md. 655 691 -5.21 3,632,391
160 Sturm Financial Group Inc. Denver 654 787 -16.90 2,127,762
161 Apple Financial Holdings Inc. New York 652 660 -1.21 6,732,334
162 TriCo Bancshares Chico, Calif. 649 664 -2.26 2,095,666
163 STAR Financial Group Inc. Fort Wayne, Ind. 648 684 -5.26 1,698,209
164 Landrum Co. Columbia, Mo. 640 702 -8.83 1,426,250
165 Amarillo National Bancorp Inc. Texas 634 614 3.26 2,631,859
166 Broadway Bancshares Inc. San Antonio 629 622 1.13 2,182,985
167 South Plains Financial Inc. Lubbock 614 641 -4.21 2,005,924
168 ANB Corp. Terrell, Texas 610 661 -7.72 1,965,968
169 Home BancShares Inc. Conway, Ark. 607 616 -1.46 2,631,736
170 Central Bancorp Inc. Garland, Texas 598 258 131.78 2,727,660
171 Community Bancshares of Mississippi Inc. Brandon 597 612 -2.45 2,306,965
172 Ameris Bancorp Moultrie, Ga. 595 601 -1.00 2,207,475
173 Bangor Bancorp MHC Maine 594 582 2.06 2,292,633
174 First Community Bancshares Inc. Bluefield, Va. 591 568 4.05 2,298,338
Liberty Bancshares Inc Jonesboro, Ark. 591 598 -1.17 2,555,510
176 BancTrust Financial Group Inc. Mobile 588 627 -6.22 2,036,072
Financial Institutions Inc. Warsaw, N.Y. 588 607 -3.13 2,138,205
Fremont Bancorp. Calif. 588 481 22.25 2,402,181
179 State Bankshares Inc. Fargo, N.D. 587 589 -0.34 1,975,576
180 Texas Capital Bancshares Inc. Dallas 586 533 9.94 5,320,990
181 First Bancshares Inc. Merrillville, Ind. 585 612 -4.41 2,024,363
182 Tompkins Financial Corp. Ithaca, N.Y. 583 701 -16.83 3,088,039
183 First Chester County Corp. West Chester, Pa. 577 262 120.23 1,306,681
184 Sterling Bancorp New York 574 563 1.95 2,135,792
185 Durant Bancorp Inc. Okla. 564 549 2.73 2,128,769
186 Oriental Financial Group Inc. San Juan, Puerto Rico 562 537 4.66 6,381,046
187 First American Bank Corp. Elk Grove Village, Ill. 560 580 -3.45 2,894,383
First State Bancorp. Albuquerque 560 860 -34.88 2,887,185
189 Whitaker Bank Corp. of Kentucky Lexington 557 562 -0.89 1,886,006
190 Farmers Capital Bank Corp. Frankfort, Ky. 555 575 -3.48 2,273,259
191 Old Second Bancorp Inc. Aurora, Ill. 553 619 -10.66 2,699,094
192 Yadkin Valley Financial Corp. Elkin, N.C. 551 430 28.14 2,051,672
193 American State Financial Corp. Lubbock 549 546 0.55 2,344,369
194 AmericanWest Bancorp. Spokane 548 664 -17.47 1,763,431
195 Peoples Bancorp Inc. Marietta, Ohio 544 545 -0.18 2,005,206
196 CoBiz Financial Inc. Denver 542 539 0.56 2,537,665
197 Southside Bancshares Inc. Tyler, Texas 542 533 1.69 2,941,563
198 West Suburban Bancorp Inc. Lombard, Ill. 542 535 1.31 1,875,597
199 Lakeland Bancorp Inc. Oak Ridge, N.J. 537 527 1.90 2,769,663
200 North American Bancshares Inc. Sherman, Texas 536 574 -6.62 1,871,289

Note: Includes employees of holding companies and subsidiaries. Domestic subsidiaries of foreign holding companies were excluded. Based on Y9C filings for top-tier bank holding companies. Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of January 28, 2010.

Source:

SNL Financial
, Charlottesville, Va.
© 2010 American Banker