Bank Holding Companies with the Most Employees (Corrected)

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Bank Holding Companies with the Most Employees (Corrected)

Bank Holding Companies with the Most Employees (Corrected)
Full-time equivalent on March 31, 2005. Dollars in thousands
Published October 4, 2005
Rank     March 31, 2005 Year earlier Change Assets
1 Citigroup Inc. New York 315,935 293,923 7.49% $1,489,891,000
2 Bank of America Corp. Charlotte 175,365 134,734 30.16 1,213,701,989
3 JPMorgan Chase & Co. New York 158,114 93,285 69.50 1,178,305,000
4 Wells Fargo & Co. San Francisco 147,000 139,900 5.08 434,610,000
5 Wachovia Corp. Charlotte 93,669 85,460 9.61 506,833,000
6 MetLife Inc. New York 54,089 50,265 7.61 362,672,292
7 U.S. Bancorp Minneapolis 48,084 47,708 0.79 198,466,000
8 Countrywide Financial Corp Calabasas, Calif. 43,657 35,744 22.14 137,033,041
9 National City Corp. Cleveland 35,642 33,339 6.91 140,836,129
10 SunTrust Banks Inc. Atlanta 33,139 27,802 19.20 164,810,954
11 BB&T Corp. Winston-Salem, N.C. 26,526 26,575 -0.18 102,015,086
12 Regions Financial Corp Birmingham, Ala. 25,901 NA NA 84,510,395
13 MBNA Corp. Wilmington, Del. 25,400 27,670 -8.20 61,426,108
14 PNC Financial Services Group Pittsburgh 24,468 24,575 -0.44 83,392,942
15 Bank of New York Co. Inc. New York 23,160 22,820 1.49 96,578,000
16 Fifth Third Bancorp Cincinnati 21,287 18,583 14.55 102,712,960
17 State Street Corp. Boston 20,169 19,940 1.15 100,114,024
18 KeyCorp Cleveland 19,457 19,581 -0.63 89,927,405
19 Mellon Financial Corp. Pittsburgh 16,693 21,367 -21.87 37,560,413
20 Charles Schwab Corp. San Francisco 13,946 16,930 -17.63 46,404,900
21 Capital One Financial Corp McLean, Va. 13,617 NA NA 55,631,566
22 First Horizon National Corp Memphis 12,903 11,574 11.48 35,160,075
23 M&T Bank Buffalo 12,595 13,226 -5.0 53,732,841
24 Synovus Financial Corp. Columbus, Ga. 12,507 11,559 8.20 25,857,636
25 Popular Inc. San Juan, Puerto Rico 12,398 11,457 8.21 45,168,000
26 Marshall & Ilsley Corp. Milwaukee 12,366 11,333 9.11 41,730,325
27 AmSouth Bancorp. Birmingham, Ala. 11,947 12,486 -4.32 50,236,482
28 Comerica Inc. Detroit 10,878 11,237 -3.19 54,168,429
29 Commerce Bancorp Inc. Cherry Hill, NJ. 9,809 8,679 13.02 31,869,182
30 Northern Trust Corp. Chicago 8,844 7,994 10.63 47,761,320
31 North Fork Bancorp. Melville, N.Y. 8,044 2,988 169.21 60,780,400
32 Zions Bancorp. Salt Lake City 7,958 7,943 0.19 31,883,488
33 Huntington Bancshares Inc. Columbus, Ohio 7,806 7,915 -1.38 32,175,286
34 Compass Bancshares Birmingham, Ala. 7,804 7,653 1.97 28,839,032
35 TCF Financial Corp. Wayzata, Minn. 7,227 6,982 3.51 12,856,073
36 Franklin Resources Inc. San Mateo, Calif. 6,814 6,337 7.53 8,701,812
37 Hibernia Corp. New Orleans 6,230 5,374 15.93 22,233,660
38 Associated Banc-Corp Green Bay, Wis. 5,138 3,975 29.26 20,554,473
39 Commerce Bancshares Inc. Kansas City, Mo. 4,836 4,847 -0.23 14,146,000
40 First Citizens Bancshares Raleigh 4,359 4,622 -5.69 13,592,675
41 Colonial BancGroup Inc. Montgomery, Ala. 4,338 4,056 6.95 20,025,323
42 Arvest Bank Group Inc. Bentonville, Ark. 4,150 4,176 -0.62 7,409,210
43 Sky Financial Group Inc. Bowling Green, Ohio 4,009 3,545 13.09 14,987,815
44 BancorpSouth Inc. Tupelo, Miss. 3,936 3,960 -0.61 10,829,139
45 FBOP Corp. Oak Park, Ill. 3,764 3,839 -1.95 13,373,425
46 BOK Financial Corp. Tulsa 3,562 3,463 2.86 15,019,590
47 UMB Financial Corp. Kansas City, Mo. 3,536 3,705 -4.56 6,914,932
48 Fulton Financial Corp. Lancaster, Pa. 3,430 2,911 17.83 11,418,278
49 Mercantile Bankshares Corp. Baltimore 3,423 3,575 -4.25 14,627,833
50 Cullen/Frost Bankers Inc. San Antonio 3,263 3,256 0.21 9,896,957
51 Webster Financial Corp Waterbury, Conn. 3,189 NA NA 17,423,718
52 FirstMerit Corp. Akron 3,081 3,160 -2.50 10,277,348
53 Irwin Financial Corp. Columbus, Ind. 2,971 3,348 -11.26 5,556,156
54 International Bancshares Corp. Laredo, Tex. 2,957 1,983 49.12 10,277,394
55 Investors Financial Services Boston 2,812 2,443 15.10 11,885,940
56 R&G Financial Corp. San Juan, Puerto Rico 2,799 2,490 12.41 11,388,114
57 Old National Bancorp Evansville, Ind. 2,728 2,936 -7.08 8,794,844
58 People's Mutual Holdings Bridgeport, Conn. 2,675 2,718 -1.58 10,874,082
59 Trustmark Corp. Jackson, Miss. 2,616 2,425 7.88 8,179,993
60 Bank of Hawaii Corp. Honolulu 2,593 2,703 -4.07 9,908,108
61 City National Corp. Beverly Hills 2,445 2,341 4.44 13,924,783
62 Wilmington Trust Corp. Wilmington, Del. 2,443 2,340 4.40 9,618,559
63 Whitney Holding Corp. New Orleans 2,366 2,309 2.47 8,277,308
64 South Financial Group Greenville, S.C. 2,336 1,934 20.79 14,688,100
65 Valley National Bancorp Wayne, N.J. 2,310 2,287 1.01 11,407,946
66 First Bancorp San Juan, Puerto Rico 2,269 2,046 10.90 17,383,906
67 First Banks Inc. St. Louis 2,199 1,986 10.73 8,590,406
68 Central Bancompany Jefferson City, Mo. 2,193 2,130 2.96 6,676,071
69 First Community Bancshares Inc. Houston 2,180 1,827 19.32 821,704
70 Citizens Banking Corp. Flint, Mich. 2,175 2,302 -5.52 7,781,334
71 Southwest Bancorp of Texas Houston 2,134 1,839 16.04 7,565,818
72 United National Corp. Sioux Falls, S.D. 2,130 1,961 8.62 1,113,736
73 Texas Regional Bancshares McAllen 2,061 1,674 23.12 6,089,473
74 Susquehanna Bancshares Inc. Lititz, Pa. 2,047 1,894 8.08 7,253,296
75 New York Community Bancorp Inc. Westbury 2,045 1,962 4.23 24,615,130
76 First National Bank Holding Scottsdale, Ariz. 1,910 1,542 23.87 2,907,632
77 Provident Bankshares Corp. Baltimore 1,859 1,601 16.11 6,429,310
78 Hudson United Bancorp Mahwah, N.J. 1,841 1,833 0.44 8,860,333
79 Park National Corp. Newark, Ohio 1,830 1,657 10.44 5,676,842
80 Chittenden Corp. Burlington, Vt. 1,806 1,935 -6.67 6,139,865
81 Dickinson Financial Corp II Kansas City, Mo. 1,791 1,690 5.98 3,609,658
82 FirstBank Holding Co. Lakewood, Colo. 1,772 1,785 -0.73 7,100,723
83 Hancock Holding Co. Gulfport, Miss. 1,766 1,717 2.85 4,771,487
84 F.N.B. Corp. Hermitage, Pa. 1,754 1,585 10.66 5,609,386
85 Greater Bay Bancorp Palo Alto, Calif. 1,735 2,376 -26.98 6,972,833
86 Eastern Bank Corp. Boston, Mass. 1,655 1,315 25.86 6,135,295
87 First Midwest Bancorp Inc. Itasca, Ill. 1,630 1,632 -0.12 6,914,763
88 First Commonwealth Fin Corp Indiana, Pa. 1,621 1,460 11.03 6,200,785
89 Wintrust Financial Corp Lake Forest, Ill. 1,613 985 63.76 7,345,539
90 First Interstate BancSystem Billings, Mont. 1,585 1,430 10.84 4,199,579
91 First Financial Bancorp Hamilton, Ohio 1,548 1,610 -3.85 3,895,343
92 Amcore Financial Inc. Rockford, Ill. 1,543 1,500 2.87 4,993,922
93 United Community Banks Inc. Blairsville, Ga. 1,502 1,320 13.79 5,267,040
94 First Citizens Bancorp Inc. Columbia, S.C. 1,491 1,533 -2.74 4,746,885
95 Pacific Capital Bancorp Santa Barbara, Calif. 1,420 1,363 4.18 6,187,760
96 Woodforest Financial Group Inc. The Woodlands, Tex. 1,400 1,152 21.53 1,783,600
97 Chemical Financial Corp. Midland, Mich. 1,398 1,446 -3.32 3,796,890
98 Alabama National Bancorp. Birmingham 1,367 1,465 -6.69 5,464,788
99 WesBanco Inc. Wheeling, W. Va. 1,358 1,133 19.86 4,557,613
100 BancFirst Corp. Oklahoma City 1,343 1,385 -3.03 3,068,215
101 Umpqua Holdings Corp. Portland, Ore. 1,340 987 35.76 4,995,885
102 New York Private Bank and Trust Corp. New York 1,320 1,311 0.69 9,701,777
103 United Bankshares Inc. Charleston, W.Va. 1,319 1,549 -14.85 6,311,308
104 Community Bank System Inc. Dewitt, N.Y. 1,289 1,244 3.62 4,354,652
105 Independent Bank Corp. Ionia, Mich. 1,258 1,112 13.13 3,186,016
106 Riggs National Corp. Washington 1,237 1,377 -10.17 5,950,330
107 NBT Bancorp Inc. Norwich, N.Y. 1,234 1,312 -5.95 4,255,439
108 W Holding Co. Inc. Mayaguez, Puerto Rico 1,203 1,133 6.18 15,017,582
109 1st Source Corp. South Bend, Ind. 1,192 1,233 -3.33 3,340,955
110 Pinnacle Bancorp Inc. Central City, Neb. 1,171 1,104 6.07 3,671,413
111 National Penn Bancshares Boyertown, Pa. 1,135 943 20.36 4,554,837
112 Republic Bancorp Inc. Owosso, Mich. 1,105 1,164 -5.07 5,923,692
113 First Merchants Corp. Muncie, Ind. 1,090 1,135 -3.96 3,187,586
114 Simmons First National Corp. Pine Bluff, Ark. 1,068 1,086 -1.66 2,442,510
115 Silicon Valley Bancshares Santa Clara, Calif. 1,037 969 7.02 5,031,830
116 MB Financial Inc. Chicago 1,032 961 7.39 5,348,074
117 First Charter Corp. Charlotte 1,032 1,025 0.68 4,513,171
118 Riverside Banking Co. Fort Pierce, Fla. 1,031 912 13.05 2,448,090
119 Westamerica Bancorp. San Rafael, Calif. 991 997 -0.60 5,197,401
120 Sterling Financial Corp. Lancaster, Pa. 969 842 15.08 2,751,811
121 Intrust Financial Corp Wichita 968 979 -1.12 2,766,105
122 Community Trust Bancorp Inc. Pikeville, Ky. 967 915 5.68 2,765,458
123 Sterling Bancshares Inc. Houston 962 1,044 -7.85 3,462,069
124 Johnson Financial Group Inc. Racine, Wis. 961 1,011 -4.95 3,407,675
125 Glacier Bancorp Inc. Kalispell, Mont. 952 829 14.84 3,306,440
126 East West Bancorp Inc. San Marino, Calif. 943 747 26.24 6,367,994
127 Ocean Bankshares Inc. Miami 937 936 0.11 4,762,374
128 Capitol Bancorp Ltd. Lansing, Mich. 937 816 14.83 3,215,193
129 Newalliance Bancshares Inc. New Haven, Conn. 930 NA NA 6,490,974
130 Prosperity Bancshares Inc. Houston 926 612 51.31 3,487,433
131 Capital City Bank Group Inc. Tallahassee 922 889 3.71 2,347,658
132 Provident Financial Services Jersey City, N.J. 915 703 30.16 6,360,613
133 First Financial Bancshares Inc. Abilene, Tex. 898 790 13.67 2,408,341
134 Central Pacific Financial Honolulu 886 481 84.20 4,781,023
135 UCBH Holdings Inc. San Francisco 880 718 22.56 6,492,982
136 Great Western Bancorp. Omaha 856 760 12.63 2,678,258
137 Integra Bank Corp. Evansville, Ind. 843 874 -3.55 2,758,999
138 First Security Bancorp Searcy, Ark. 828 750 10.40 1,937,166
139 Cathay General Bancorp Los Angeles 825 815 1.23 6,165,829
140 Sun Bancorp Inc. Vineland, N.J. 818 743 10.09 3,050,741
141 First Financial Corp. Terre Haute, Ind. 810 820 -1.22 2,146,677
142 Heartland Financial USA Inc. Dubuque, Iowa 801 677 18.32 2,632,760
143 Mid-State Bancshares Arroyo Grande, Calif. 788 778 1.29 2,322,181
144 S&T Bancorp Inc. Indiana, Pa. 784 772 1.55 3,012,029
145 Banner Corp. Walla Walla, Wash. 781 720 8.47 2,972,782
146 Financial Institutions Inc. Warsaw, N.Y. 771 738 4.47 2,196,276
147 Gold Banc Corp. Inc. Leawood, Kan. 767 780 -1.67 4,365,317
148 Independent Bank Corp. Rockland, Mass. 748 748 0.00 2,998,513
149 First National Bank Group Edinburg, Tex. 739 562 31.49 2,770,931
150 Cass Information Systems Inc. Bridgeton, Mo. 737 688 7.12 736,470

Note: Includes employees of holding companies and subsidiaries. Foreign holding companies were excluded. Data taken from Y-9C reports at highest reporting level.

Source: Highline Banking Data Services (877-305-6657)

© 2005 American Banker