Bank Holding Companies with the Most Employees

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Bank Holding Companies with the Most Employees

Bank Holding Companies with the Most Employees
Full-time equivalent, on June 30, 2004. Dollars in thousands
Published December 29, 2004
    June 30 Year earlier Change Assets
1 Citigroup Inc. New York 304,809 261,726 16.46% $1,396,568,000
2 Wells Fargo & Co. San Francisco 142,600 135,500 5.24 420,305,000
3 Bank of America Corp. Charlotte 132,035 132,796 -0.57 1,039,764,440
4 J.P. Morgan Chase & Co New York 91,008 92,256 -1.35 817,763,000
5 Wachovia Corp. Charlotte 85,042 81,316 4.58 418,441,000
6 MetLife Inc. New York 51,624 47,405 8.90 338,228,619
7 U.S. Bancorp Minneapolis 47,913 51,570 -7.09 190,230,000
8 Countrywide Financial Corp. Calabasas, Calif. 38,935 34,778 11.95 103,753,435
9 National City Corp. Cleveland 34,290 32,995 3.92 116,969,803
10 Bank One Chicago 28,336 29,424 -3.70 245,783,000
11 SunTrust Banks Inc. Atlanta 28,083 27,336 2.73 128,135,048
12 MBNA Corp. Wilmington, Del. 27,758 25,450 9.07 60,856,258
13 BB&T Corp. Winston-Salem, N.C. 26,761 22,773 17.51 97,348,285
14 PNC Financial Services Group Pittsburgh 24,286 24,094 0.80 73,141,914
15 Bank of New York Co. Inc. 23,001 23,106 -0.45 97,575,127
16 Mellon Financial Corp. Pittsburgh 21,285 22,882 -6.98 35,246,966
17 State Street Corp. Boston 20,175 22,010 -8.34 94,139,945
18 KeyCorp Cleveland 19,662 19,963 -1.51 85,794,644
19 Fifth Third Bancorp Cincinnati 18,936 19,830 -4.51 95,613,539
20 Charles Schwab Corp. San Francisco 16,713 16,116 3.70 47,321,417
21 Regions Financial Corp Birminghamm, Ala. 16,506 16,003 3.14 49,922,137
22 M&T Bank Corp. Buffalo 13,226 13,885 -4.75 52,093,709
23 SouthTrust Corp. Birmingham, Ala. 12,640 12,358 2.28 53,031,918
24 First Horizon National Corp. Memphis 11,958 11,469 4.26 27,291,078
25 AmSouth Bancorp. Birmingham, Ala. 11,893 12,027 -1.11 48,314,942
26 Marshall & Ilsley Corp. Milwaukee 11,702 11,447 2.23 37,136,806
27 Synovus Financial Corp. Columbus, Ga. 11,681 11,550 1.13 23,567,682
28 Popular Inc. San Juan, Puerto Rico 11,563 11,379 1.62 39,556,000
29 Comerica Inc. Detroit 11,111 11,479 -3.21 54,925,431
30 Commerce Bancorp Inc. Cherry Hill, N.J. 9,082 7,766 16.95 26,751,901
31 Huntington Bancshares Inc. Columbus, Ohio 8,045 8,093 -0.59 31,485,745
32 Northern Trust Corp. Chicago 8,030 8,239 -2.54 43,279,333
33 Zions Bancorp. Salt Lake City 7,999 7,945 0.68 30,894,325
34 Charter One Financial Inc. Cleveland 7,977 7,703 3.56 42,596,515
35 Compass Bancshares Birmingham, Ala. 7,658 7,661 -0.04 27,982,766
36 TCF Financial Corp. Wayzata, Minn. 7,160 6,818 5.02 12,063,707
37 Banknorth Group Inc. Portland, Maine 7,129 6,630 7.53 29,309,081
38 Franklin Resources Inc. San Mateo, Calif. 6,410 6,457 -0.73 8,078,306
39 Hibernia Corp. New Orleans 5,925 5,270 12.43 21,311,057
40 National Commerce Financial Corp. Memphis 5,450 5,582 -2.36 24,012,849
41 GreenPoint Financial Corp. New York 4,801 4,768 0.69 25,954,758
42 Commerce Bancshares Inc. Kansas City, Mo. 4,797 4,982 -3.71 14,487,173
43 First Citizens Bancshares Raleigh, N.C. 4,671 4,686 -0.32 12,830,029
44 Arvest Bank Group Inc. Bentonville, Ark. 4,198 3,328 26.14 7,191,271
45 Colonial BancGroup Inc. Montgomery, Ala. 4,181 3,847 8.68 17,624,595
46 Associated Banc-Corp Green Bay, Wis. 4,019 4,170 -3.62 15,524,950
47 BancorpSouth Inc. Tupelo, Miss. 3,962 3,841 3.15 10,670,845
48 North Fork Bancorp Melville, N.Y. 3,772 2,889 30.56 26,471,859
49 FBOP Corp. Oak Park, Ill. 3,668 3,541 3.59 11,860,258
50 UMB Financial Corp. Kansas City, Mo. 3,641 3,959 -8.03 6,932,602
51 Sky Financial Group Inc. Bowling Green, Ohio 3,574 3,734 -4.28 12,243,712
52 Mercantile Bankshares Corp. Baltimore 3,508 3,035 15.58 14,130,145
53 BOK Financial Corp. Tulsa 3,480 3,458 0.64 14,019,000
54 Irwin Financial Corp. Columbus, Ind. 3,430 3,656 -6.18 5,396,659
55 Cullen/Frost Bankers Inc. San Antonio 3,290 3,200 2.81 9,612,012
56 FirstMerit Corp. Akron 3,227 3,154 2.31 10,378,555
57 Webster Financial Corp Waterbury, Conn. 3,197 NA NA 17,191,672
58 Fulton Financial Corp. Lancaster, Pa. 3,103 2,869 8.16 10,556,421
59 Provident Financial Group Cincinnati 3,091 3,355 -7.87 16,731,488
60 Old National Bancorp Evansville, Ind. 2,902 2,947 -1.53 9,033,291
61 People’s Mutual Holdings Bridgeport, Conn. 2,727 3,380 -19.32 10,685,411
62 Bank of Hawaii Corp. Honolulu 2,683 2,879 -6.81 9,694,469
63 International Bancshares Corp. Laredo, Tex. 2,672 1,989 34.34 9,301,205
64 Doral Financial Corp. San Juan, Puerto Rico 2,538 2,175 16.69 13,429,118
65 Investors Financial Services Boston 2,532 2,436 3.94 10,922,025
66 R&G Financial Corp. Hato Rey, Puerto Rico 2,468 2,206 11.88 8,944,575
67 Trustmark Corp. Jackson, Miss. 2,465 2,286 7.83 8,250,337
68 Wilmington Trust Corp. Wilmington, Del. 2,373 2,319 2.33 9,337,466
69 City National Corp. Calif. 2,346 2,374 -1.18 13,477,739
70 Whitney Holding Corp. New Orleans 2,346 2,340 0.26 7,792,572
71 Valley National Bancorp Wayne, N.J. 2,331 2,342 -0.47 10,484,538
72 Citizens Banking Corp. Flint, Mich. 2,325 2,423 -4.04 7,747,133
73 Central Bancompany Jefferson City, Mo. 2,230 2,198 1.46 6,454,452
74 Community First Bankshares Fargo, N.D. 2,101 2,186 -3.89 5,576,951
75 Susquehanna Bancshares Inc. Lititz, Pa. 2,101 1,834 14.56 7,309,820
76 First Bancorp San Juan, Puerto Rico 2,082 1,938 7.43 14,465,082
77 South Financial Group Greenville, S.C. 1,981 1,712 15.71 11,476,579
78 Provident Bankshares Corp. Baltimore, Md. 1,980 1,618 22.37 6,424,992
79 New York Community Bancorp Inc. Westbury 1,970 1,457 35.21 24,180,468
80 First Banks Inc. St Louis, Mo. 1,969 2,054 -4.14 7,323,192
81 First Community Bancshares Inc. Houston 1,962 1,226 60.03 685,551
82 Chittenden Corp. Burlington, Vt. 1,924 2,343 -17.88 5,835,744
83 Texas Regional Bancshares McAllen 1,901 1,264 50.40 5,441,720
84 United National Corp. Sioux Falls, S.D. 1,896 2,030 -6.60 968,762
85 Hudson United Bancorp Mahwah, N.J. 1,888 1,872 0.85 8,964,453
86 Southwest Bancorp of Texas Houston 1,829 1,556 17.54 6,339,891
87 FirstBank Holding Co. Lakewood, Colo. 1,789 1,787 0.11 6,984,366
88 Hancock Holding Co. Gulfport, Miss. 1,754 1,789 -1.96 4,468,937
89 Greater Bay Bancorp Palo Alto, Calif. 1,741 1,701 2.35 7,588,433
90 First National Bank Holding Scottsdale, Ariz. 1,705 1,166 46.23 2,373,188
91 Dickinson Financial Corp II Kansas City, Mo. 1,695 1,653 2.54 3,284,154
92 Park National Corp. Newark, Ohio 1,669 1,629 2.46 5,074,731
93 First Commonwealth Financial Corp. Indiana, Pa. 1,661 1,447 14.79 6,259,662
94 First Midwest Bancorp Inc. Itasca, Ill. 1,645 1,558 5.58 6,841,201
95 First Financial Bancorp Hamilton, Ohio 1,614 1,653 -2.36 3,948,752
96 First Interstate BancSystem Billings, Mont. 1,613 1,675 -3.70 4,000,973
97 F.N.B. Corp. Hermitage, Pa. 1,582 3,051 -48.15 4,771,095
98 United Bankshares Inc. Charleston, W.Va. 1,577 1,509 4.51 6,522,802
99 First Citizens Bancorp Inc. Columbia, S.C. 1,526 1,594 -4.27 4,456,655
100 Amcore Financial Inc. Rockford, Ill. 1,517 1,417 7.06 4,802,630
101 Alabama National Bancorp. Birmingham 1,441 1,281 12.49 4,901,904
102 Riggs National Corp. Washington, D.C. 1,422 1,530 -7.06 6,728,439
103 Chemical Financial Corp. Midland, Mich. 1,415 1,417 -0.14 3,841,739
104 BancFirst Corp. Oklahoma City, Okla. 1,394 1,324 5.29 3,034,783
105 United Community Banks Inc. Blairsville, Ga. 1,383 1,100 25.73 4,525,446
106 Wintrust Financial Corp. Lake Forest, Ill. 1,375 853 61.20 5,326,179
107 NBT Bancorp Inc. Norwich, N.Y. 1,363 1,217 12.00 4,125,374
108 Pacific Capital Bancorp Santa Barbara, Calif. 1,355 1,212 11.80 5,684,329
109 Eastern Bank Corp. Boston, Mass. 1,347 1,087 23.92 5,066,416
110 First National Bankshares of Florida Naples 1,318 NA NA 4,087,319
111 Community Bank System Inc. Dewitt, N.Y. 1,308 1,132 15.55 4,361,111
112 ESB Acquisition Corp. New York 1,299 NA NA 9,638,726
113 Independent Bank Corp. Ionia, Mich. 1,222 1,148 6.45 2,776,769
114 Woodforest Financial Group Inc. The Woodlands, Tex. 1,207 917 31.62 1,454,109
115 1st Source Corp. South Bend, Ind. 1,204 1,289 -6.59 3,314,676
116 Republic Bancorp Inc. Owosso, Mich. 1,175 1,253 -6.23 5,711,493
117 W Holding Co. Inc. Mayaguez, Puerto Rico 1,170 1,078 8.53 13,086,850
118 WesBanco Inc. Wheeling, W.Va. 1,161 1,171 -0.85 3,495,823
119 Seacoast Financial Services Corp. New Bedford, Mass. 1,160 875 32.57 5,337,876
120 First Merchants Corp. Muncie, Ind. 1,150 1,132 1.59 3,128,290
121 Pinnacle Bancorp Inc. Central City, Neb. 1,133 1,111 1.98 3,468,684
122 Simmons First National Corp. Pine Bluff, Ark. 1,085 992 9.38 2,370,513
123 Sterling Bancshares Inc. Houston 1,024 991 3.33 3,092,239
124 Johnson Financial Group Inc. Racine, Wis. 1,015 967 4.96 3,099,527
125 First Charter Corp. Charlotte, N.C. 995 990 0.51 4,339,329
126 Westamerica Bancorp. San Rafael, Calif. 992 1,024 -3.13 4,617,177
127 Silicon Valley Bancshares Santa Clara, Calif. 991 980 1.12 4,820,330
128 Umpqua Holdings Corp. Portland, Ore. 991 992 -0.10 3,150,858
129 Intrust Financial Corp. Wichita 972 1,001 -2.90 2,690,007
130 Riverside Banking Co. Fort Pierce, Fla. 955 849 12.49 2,128,552
131 MB Financial Inc. Chicago, Ill. 953 937 1.71 4,995,703
132 National Penn Bancshares Boyertown, Pa. 943 1,011 -6.73 4,254,345
133 Community Trust Bancorp Inc. Pikeville, Ky. 937 902 3.88 2,442,290
134 Ocean Bankshares Inc. Miami, Fla. 934 940 -0.64 4,515,158
135 Sterling Financial Corp. Lancaster, Pa. 882 683 29.14 2,374,745
136 Newalliance Bancshares Inc. New Haven, Conn. 871 NA NA 6,389,921
137 Integra Bank Corp. Evansville, Ind. 869 895 -2.91 2,703,398
138 Glacier Bancorp Inc. Kalispell, Mont. 842 768 9.64 2,915,909
139 Capitol Bancorp Ltd. Lansing, Mich. 837 760 10.13 2,991,830
140 Capital City Bank Group Inc. Tallahassee, Fla. 829 783 5.87 2,027,455
141 Heartland Financial USA Inc. Dubuque, Iowa 828 642 28.97 2,476,141
142 Cathay General Bancorp Los Angeles, Calif. 825 531 55.37 5,770,129
143 CIB Marine Bancshares Inc. Pewaukee, Wis. 819 895 -8.49 2,850,965
144 First Financial Corp. Terre Haute, Ind. 806 825 -2.30 2,210,561
145 Great Western Bancorp. Omaha, Neb. 793 736 7.74 2,429,907
146 S&T Bancorp Inc. Indiana, Pa. 792 768 3.13 2,991,693
147 First Security Bancorp Searcy, Ark. 790 623 26.81 1,866,690
148 First Financial Bankshares Inc. Abilene, Tex. 790 770 2.60 2,080,706
149 First Indiana Corp. Indianapolis 783 750 4.40 2,137,745
150 East West Bancorp Inc. San Marino, Calif. 780 661 18.00 4,908,579


Note: Includes employees of holding company and subsidiaries. Numbers are for U.S. only. Data from consolidated Y-9C reports filed with the Fed
Source: Highline Banking Data Services (877-305-6657)
© 2004 American Banker