Banking Companies with Biggest Percent Increase in Per-Share Earnings

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Banking Companies with Biggest Percent Increase in Per-Share Earnings
Banking Companies with Biggest Percent Increase in Per-Share Earnings

Second-quarter data for publicly traded companies*

Rank  Company

Earnings
 2Q
2001

Earnings
Year
earlier

Increase 

Net income 
($000)

Assets
($000)
 

1 Sun Bancorp Inc.
Selinsgrove, Pa.
$0.16 $0.01 1500.00% $1,094 $998,398
2 Crescent Banking Co.
Jasper, Ga.
1.25 0.09 1,288.89 2,313 340,689
3 Bank of Kentucky Financial Corp. Florence 0.25 0.02 1,150.00 1,535 471,914
4 Carver Bancorp Inc. New York 0.47 0.04 1,075.00 1,165 429,314
5 Potters Financial Corp.
E. Liverpool, Ohio
0.36 0.04 800 362 151,466
6 BOL Bancshares  Inc. New Orleans 1.21 0.14 764.29 217 99,216
7 Community Capital Corp. Greenwood, S.C. 0.74 0.14 428.57 2,662 358,239
8 Matrix Bancorp Inc. Denver 0.25 0.05 400 1,628 1,684,718
9 Prestige Bancorp Inc.
Pleasant Hills, Pa.
0.31 0.07 336.62 299 202,757
10 Massachusetts Fincorp Inc. Quincy 0.39 0.09 333.33 213 115,618
11 Community West Bancshares Goleta, Calif. 0.75 0.18 316.67 4,556 407,995
12 Pacific Century Financial Corp. Honolulu 0.32 0.08 300 26,739 12,755,511
13 Tower Financial Corp.
Fort Wayne, Ind.
0.1 0.03 233.33 263 242,245
14 Banknorth Group Inc.
Portland, Maine
0.43 0.13 230.77 59,893 18,142,525
15 Habersham Bancorp
Cornelia, Ga.
0.63 0.22 186.36 1,706 561,559
16 Century Bancshares Inc. Washington 0.31 0.11 181.82 1,385 415,028
17 Sun Community Bancorp Ltd. Phoenix 0.08 0.03 166.67 479 677,181
18 Community Financial Corp.
Olney, Ill.
0.15 0.06 150 331 189,090
19 First Mariner Bancorp Baltimore 0.14 0.06 133.33 501 714,700
20 Dime Bancorp Inc. New York 0.72 0.31 132.26 87,831 27,047,302
21 Virginia Commonwealth Financial Corp. Culpepper 0.57 0.25 128 1,314 478,249
22 Tejas Bancshares Inc.
Amarillo, Tex.
0.2 0.09 122.22 2,716 365,521
23 PennFed Financial Services Inc.
W. Orange, N.J.
0.86 0.39 120.51 3,265 1,849,377
24 WSFS Financial Corp.
Wilmington, Del.
0.48 0.22 118.18 4,706 1,832,157
25 Finger Lakes Bancorp Inc.
Geneva, N.Y.
0.13 0.06 116.67 423 348,848
26 Vista Bancorp Inc.
Phillipsburg, N.J.
0.7 0.32 116.05 3,745 693,474
27 Independent Bank Corp.
Rockland, Mass.
0.34 0.16 112.5 4,919 2,058,578
28 Intervest Bancshares Corp.
New York
0.23 0.11 109.09 878 423,186
29 Sound Federal Bancorp Mamaroneck, N.Y. 0.25 0.12 108.33 1,175 549,040
30 Mercantile Bank Corp.
Grand Rapids, Mich.
0.5 0.25 101.61 777 617,888
31 Wilshire Financial Services Group Inc. Portland, Ore. 0.12 0.06 100 2,543 828,168
¯ Greater Bay Bancorp
Palo Alto, Calif.
0.48 0.24 100 21,148 6,224,977
33 IBW Financial Corp. Washington 1.01 0.53 90.57 679 288,783
34 Pacific Continental Corp.
Eugene, Ore.
0.32 0.17 88.24 1,455 305,261
35 Wells Financial Corp.
Wells, Minn.
0.6 0.32 87.5 715 217,945
36 Success Bancshares Inc. Lincolnshire, Ill. 0.28 0.15 86.67 716 571,323
37 Cowlitz Bancorp.
Longview, Wash.
0.11 0.06 83.33 416 386,359
38 SFSB Holding Co. Pittsburgh, Pa. 0.2 0.11 81.82 103 56,836
39 First Federal Bancorp Inc. Zanesville, Ohio 0.23 0.13 76.92 773 228,701
40 First South Bancorp Inc. Washington, N.C. 0.53 0.3 76.67 1,584 535,114
41 Flagstar Bancorp Inc.
Bloomfield Hills, Mich.
0.83 0.47 76.6 16,340 5,995,603
42 Summit Bancshares Inc.
Fort Worth, Tex.
0.37 0.21 76.19 2,376 619,849
¯ Pulaski Financial Corp. St Louis 0.37 0.21 76.19 1,086 292,114
44 Wachovia Corp.
Winston-Salem, N.C.
1.18 0.67 76.12 245,113 70,302,606
45 AMB Financial Corp. Munster, Ind. 0.28 0.16 75 226 141,173
46 F&M Bancorp Frederick, Md. 0.47 0.27 74.07 5,211 1,797,552
47 Hudson River Bancorp Inc.
Hudson, N.Y.
0.33 0.19 73.68 4,704 1,886,366
48 Oregon Trail Financial Corp.
Baker City, Ore.
0.31 0.18 72.22 1,074 409,455
¯ Community Financial Corp. Staunton, Va. 0.31 0.18 72.22 722 267,286
50 Republic Bancorp Inc.
Owosso, Mich.
0.42 0.25 71.43 21,998 4,480,425
51 Flushing Financial Corp.
Flushing, N.Y.
0.43 0.25 69.96 3,642 1,390,993
52 Eagle Bancshares Inc. Tucker, Ga. 0.2 0.12 66.67 1,148 1,211,405
¯ Access Anytime Bancorp Inc. Clovis, N.M. 0.15 0.09 66.67 194 165,097
54 Landmark Bancshares Inc.
Dodge City, Kan.
0.73 0.44 65.91 831 209,774
55 People's Bank Bridgeport, Conn. 0.7 0.43 62.79 43,100 10,962,200
56 Monterey Bay Bancorp Inc. Watsonville, Calif. 0.29 0.18 61.11 949 518,797
57 TF Financial Corp. Newtown, Pa. 0.64 0.4 60 1,688 695,795
58 BYL Bancorp Orange, Calif. 0.27 0.17 58.82 697 278,254
59 FirstBank NW Corp.
Lewiston, Ind.
0.41 0.26 57.69 581 285,601
60 New York Community Bancorp Inc. Westbury 0.46 0.29 57 18,695 4,516,608
61 Washington Trust Bancorp Inc. Westerly, R.I. 0.31 0.2 55 3,800 1,321,452
62 IndyMac Bancorp Inc.
Pasadena, Calif.
0.48 0.31 54.84 30,402 7,435,009
63 First Tennessee National Corp. Memphis 0.65 0.42 54.76 85,789 18,796,176
¯ Golden West Financial Corp. Oakland, Calif. 1.3 0.84 54.76 208,929 57,431,543
65 GS Financial Corp. Metairie, La. 0.17 0.11 54.55 282 199,693
66 Berkshire Bancorp Inc.
New York
0.37 0.24 54.17 928 436,694
67 Union Bankshares Corp. Bowling Green, Va. 0.38 0.25 52 2,886 923,999
68 Penseco Financial Services Corp. Scranton, Pa. 0.65 0.43 51.16 1,396 477,723
69 Bay State Bancorp Inc.
Brookline, Mass.
0.68 0.45 51.11 1,166 499,399
70 FLAG Financial Corp.
Lagrange, Ga.
0.12 0.08 50 972 566,457
¯ East Texas Financial Services Inc. Tyler 0.12 0.08 50 138 203,052
¯ Great American Bancorp Inc. Champaign, Ill. 0.3 0.2 50 289 164,752
73 Washington Mutual Inc. Seattle 0.91 0.61 48.45 798,200 229,298,300
74 Acadiana Bancshares Inc. Lafayette, La. 0.4 0.27 48.15 454 314,268
75 Independence Community Bank Corp. Brooklyn, N.Y. 0.37 0.25 48 20,194 7,277,192
Rank  Company

Earnings
 2Q
2001

Earnings
Year
earlier

Increase 

Net income 
($000)

Assets
($000)
 

76 First Colonial Group Inc.
Nazareth, Pa.
$0.45 $0.31 47.54% $912 $448,324
77 Downey Financial Corp.
Newport Beach, Calif.
1.18 0.8 47.5 33,455 10,821,916
78 Columbia Bancorp
The Dalles, Ore.
0.25 0.17 47.06 2,053 451,454
79 Southern Financial Bancorp Inc. Warrenton, Va. 0.69 0.47 46.81 2,158 727,869
80 UnionBancorp Inc. Ottawa, Ill. 0.38 0.26 46.15 1,585 744,913
81 MNB Bancshares Inc.
Manhattan, Kan.
0.22 0.15 44.74 345 154,849
82 Waypoint Financial Corp. Harrisburg, Pa. 0.26 0.18 44.44 9,967 5,148,755
¯ FloridaFirst Bancorp
Lakeland, Fla.
0.26 0.18 44.44 1,434 633,671
84 Citizens & Northern Corp. Wellsboro, Pa. 0.61 0.43 43.19 3,189 809,169
85 Classic Bancshares Inc.
Ashland, Ky.
0.37 0.26 42.31 413 192,048
86 Chesapeake Financial Shares Inc. Kilmarnock, Va. 0.51 0.36 41.67 643 234,433
87 Auburn National Bancorp Inc. Auburn, Ala. 0.31 0.22 40.91 1,206 434,203
88 Irwin Financial Corp.
Columbus, Ind.
0.56 0.4 40 12,808 3,261,657
¯ Farmers Capital Bank Corp. Frankfort, Ky. 0.56 0.4 40 3,896 1,144,741
¯ Capital Crossing Bank Boston 0.56 0.4 40 2,618 758,815
91 Redwood Empire Bancorp
Santa Rosa, Calif.
0.71 0.51 39.22 1,768 446,390
92 Peoples Community Bancorp Inc. West Chester, Ohio 0.32 0.23 39.13 763 387,629
93 Sandy Spring Bancorp Inc.
Olney, Md.
0.61 0.44 38.64 5,867 1,947,740
94 Independent Bank Corp.
Ionia, Mich.
0.54 0.39 38.46 6,249 1,829,721
¯ AmSouth Bancorp.
Birmingham, Ala.
0.36 0.26 38.46 133,521 38,447,223
¯ Investors Financial Services Corp. Boston 0.36 0.26 38.46 11,892 4,796,322
97 Bridge Bancorp Inc. Bridgehampton, N.Y. 0.4 0.29 37.93 1,676 382,443
98 C & F Financial Corp. W. Point, Va. 0.52 0.38 36.84 1,866 396,641
¯ Hemlock Federal Financial Corp. Oak Forest, Ill. 0.52 0.38 36.84 485 275,568
100 Blackhawk Bancorp Inc.
Beloit, Wis.
0.15 0.11 36.36 352 321,338
¯ Wayne Savings Bancshares Inc. Wooster, Ohio 0.15 0.11 36.36 376 317,741
¯ Peoples Holding Co. Tupelo, Miss. 0.6 0.44 36.36 3,587 1,240,074
103 Northern Empire Bancshares
Santa Rosa, Calif.
0.53 0.39 35.9 2,244 528,000
104 First Midwest Financial Inc.
Storm Lake, Iowa
0.19 0.14 35.71 456 521,772
¯ Slade's Ferry Bancorp
Somerset, Mass.
0.19 0.14 35.71 715 402,228
106 Tri-County Financial Corp.
Waldorf, Md.
0.84 0.62 35.48 652 256,808
107 Canandaigua National Corp. Canandaigua, N.Y. 9.1 6.72 35.42 1,455 656,063
108 Provident Bancorp Inc.
Montebello, N.Y.
0.27 0.2 35 2,104 884,032
109 W. Holding Co. Inc.
Mayaguez, P.R.
0.31 0.23 34.78 15,354 5,071,135
110 Macatawa Bank Corp.
Holland, Mich.
0.3 0.22 34.53 1,202 586,378
111 R&G Financial Corp.
Hato Rey, P.R.
0.43 0.32 34.38 15,438 4,127,891
¯ Prosperity Bancshares Inc. Houston 0.43 0.32 34.38 3,570 1,165,780
113 GreenPoint Financial Corp.
New York
0.95 0.71 33.8 86,240 19,186,331
114 SVB Financial Services Inc. Somerville, N.J. 0.14 0.11 33.33 432 286,562
¯ CKF Bancorp Inc. Danville, K.Y. 0.4 0.3 33.33 254 128,206
¯ Palmetto Bancshares Inc.
Laurens, S.C.
0.32 0.24 33.33 2,090 706,746
¯ Peoples Financial Corp.
Massillon, Ohio
0.12 0.09 33.33 154 106,142
¯ National Bancshares Corp. of Texas San Antonio 0.44 0.33 33.33 1,706 595,307
119 CPB Inc. Honolulu 0.69 0.52 32.69 5,774 1,797,106
120 FirstFed America Bancorp Inc. Swansea, Mass. 0.53 0.4 32.5 3,036 1,747,662
121 Staten Island Bancorp Inc.
Staten Island, N.Y.
0.49 0.37 32.43 15,163 5,631,225
122 First Farmers and Merchants Corp. Columbia, Tenn. 0.94 0.71 32.39 2,739 829,434
123 Uwharrie Capital Corp.
Albemarle, N.C.
0.09 0.07 32.35 504 230,679
124 Park Bancorp Inc. Chicago 0.37 0.28 32.14 511 257,281
125 Port Financial Corp.
Brighton, Mass.
0.33 0.25 32 2,119 992,236
126 Fidelity D&D Bancorp Inc.
Dunmore, Pa.
0.62 0.47 31.91 1,135 528,070
127 Heartland Financial USA Inc. Dubuque, Iowa 0.29 0.22 31.82 2,814 1,570,663
128 BB&T Corp. Winston-Salem, N.C. 0.54 0.41 31.71 230,805 64,733,769
129 FirstFed Financial Corp.
Santa Monica, Calif.
0.71 0.54 31.48 12,592 4,571,984
130 Greater Community Bancorp. Totowa, N.J. 0.21 0.16 31.25 1,431 655,387
¯ United Tennessee Bankshares Inc. Newport, Tenn. 0.21 0.16 31.25 277 100,896
132 Heritage Commerce Corp.
San Jose, Calif.
0.17 0.13 30.77 1,890 867,631
133 Citizens Financial Services Inc. Mansfield, Pa. 0.43 0.33 30.3 1,037 424,163
134 Falmouth Bancorp Inc.
Falmouth, Mass.
0.39 0.3 30 375 147,127
¯ Washington Banking Co.
Oak Harbor, Wash.
0.26 0.2 30 1,084 406,106
136 Wintrust Financial Corp. Lake Forest, Ill. 0.48 0.37 29.73 4,363 2,322,083
137 Capital One Financial Corp.
Falls Church, Va.
0.7 0.54 29.63 155,327 21,660,329
138 First South Bancorp Inc. Spartanburg, S.C. 0.22 0.17 29.41 203 128,643
139 Summit Financial Group Inc. Moorefield, W.Va. 1.37 1.06 29.25 1,199 516,338
140 First Capital Inc. Corydon, Ind. 0.31 0.24 29.17 777 264,713
141 New Hampshire Thrift Bancshares Inc. Newport, N.H. 0.4 0.31 29.03 768 473,600
142 Highlands Bankshares Inc. Petersburg, W.Va. 1.29 1 29 647 264,452
143 Peoples Bancorp. Inc. Easley, S.C. 0.22 0.17 28.65 712 290,957
144 Dime Community Bancshares Inc. Brooklyn, N.Y. 0.43 0.33 27.84 7,115 2,721,744
145 Britton & Koontz Capital Corp. Natchez, Miss. 0.46 0.36 27.78 981 271,208
146 Old Second Bancorp Inc.
Aurora, Ill.
0.74 0.58 27.59 4,309 1,285,942
147 Commercial Federal Corp.
Omaha, Neb.
0.51 0.4 27.5 26,350 12,645,299
148 CNB Florida Bancshares Inc. Jacksonville, Fla. 0.14 0.11 27.27 843 576,959
¯ FNB Bancshares Inc.
Gaffney, S.C.
0.14 0.11 27.27 84 46,574
150 Farmers & Merchants Bancorp Inc. Archbold, Ohio 1.64 1.29 27.13 2,131 656,591

*Only for fiscal quarters that ended June 30, 2001. Compiled from early earnings press releases as of Sept. 6, 2001

Source: Thomson Financial /Sheshunoff Information Services  (

www.sheshunoff.com
)

© 2001 American Banker