Banking Companies with Highest Multiples of Net Income to Salary, Benefits

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Banking Companies with Highest Multiples of Net Income to Salary, Benefits

Banking Companies with Highest Multiples of Net Income to Salary, BenefitsOn Dec. 31, 2009. Dollars in thousands
Published May 28, 2010

Rank   Multiple Net income Salary and
benefits
Return on
average assets
1 SBT Bancshares Inc. Dallas 10.15 $25,750 $2,537 4.12%
2 NRBC Holding Corp. Chicago 9.07 36,721 4,047 3.11
3 Educational Services of America Inc. Knoxville, Tenn. 6.98 10,452 1,497 NA
4 Central Bancorp Inc. Garland, Texas 6.13 160,410 26,171 8.87
5 Republic Bancorp Co. Oak Brook, Ill. 2.94 40,335 13,730 3.21
6 First Financial Bancorp. Cincinnati 2.86 246,546 86,068 5.21
7 Midland States Bancorp Inc. Effingham, Ill. 2.38 29,429 12,385 3.33
8 Central Bancshares Inc. Golden Valley, Minn. 2.27 19,658 8,645 NA
9 New York Community Bancorp Inc. Westbury 2.16 398,646 184,690 1.19
10 JJR Holding Co. Inc. Brick, N.J. 2.13 13,297 6,240 NA
11 Westamerica Bancorp. San Rafael, Calif. 1.92 125,426 65,391 2.47
12 Citizens Bankshares Inc. Farmington, N.M. 1.76 12,386 7,018 2.24
13 Waupaca Bancorp. Inc. Wis. 1.63 12,461 7,660 1.81
14 Great Southern Bancorp Inc. Springfield, Mo. 1.62 65,047 40,268 1.98
15 Capitol Bancorp. Inc. Britton, S.D. 1.50 11,974 8,004 1.93
16 Inwood Bancshares Inc. Dallas 1.49 22,535 15,091 1.69
17 Parke Bancorp Inc. Sewell, N.J. 1.48 6,100 4,114 0.95
18 First Bancorp Troy, N.C. 1.45 60,259 41,588 1.95
19 Briscoe Ranch Inc. Uvalde, Texas 1.41 15,180 10,780 2.34
20 Hometown Community Bancorp Inc. Morton, Ill. 1.40 31,001 22,154 1.46
Fidelity Holding Co. Minnetonka, Minn. 1.40 6,183 4,426 1.63
22 Amarillo National Bancorp Inc. Texas 1.38 51,493 37,415 1.91
23 Bank of the Ozarks Inc. Little Rock 1.35 43,102 31,847 1.43
24 United National Corp. Sioux Falls, S.D. 1.34 217,149 162,524 13.70
25 Prosperity Bancshares Inc. Houston 1.33 111,879 84,396 1.26
26 Iberiabank Corp. Lafayette, La. 1.32 151,250 114,379 2.39
27 Discover Financial Services Riverwoods, Ill. 1.29 1,104,694 853,549 NA
28 National Bankshares Inc. Blacksburg, Va. 1.26 14,319 11,336 1.47
29 Tri City Bankshares Corp. Oak Creek, Wis. 1.25 22,077 17,670 2.67
30 Ida Grove Bancshares Inc. Iowa 1.24 15,096 12,129 1.37
31 Manhattan Banking Corp. Kan. 1.23 8,701 7,075 1.27
32 Bank of Southside Virginia Corp. Carson 1.22 8,565 7,041 1.63
33 Industry Bancshares Inc. Texas 1.20 14,580 12,161 1.45
34 First Bancorp Inc. Damariscotta, Maine 1.19 13,042 10,926 0.97
35 Weststar Bank Holding Co. Inc. El Paso 1.18 14,447 12,251 1.86
36 CentraBanc Corp. Waco, Texas 1.17 7,558 6,469 1.40
Franklin Resources Inc. San Mateo, Calif. 1.17 1,131,480 968,759 12.33
38 City Holding Co. Charleston, W.Va. 1.14 42,645 37,526 1.63
39 Heartland Bancorp Inc. Bloomington, Ill. 1.13 23,893 21,220 1.67
40 Olney Bancshares of Texas Inc. 1.12 19,874 17,716 1.26
Citizens Bancshares Inc. Bluffton, Ohio 1.12 8,715 7,792 1.55
42 Plains Bancorp Inc. Lubbock 1.11 13,128 11,823 1.58
43 FirstPerryton Bancorp Inc. Texas 1.10 11,987 10,850 1.78
44 International Bancshares Corp. Laredo, Texas 1.09 142,742 130,849 1.23
American National Corp. Omaha 1.09 27,424 25,211 1.60
46 Cameron Bancshares Inc. Lake Charles, La. 1.08 11,216 10,353 1.65
First Financial Bankshares Inc. Abilene, Texas 1.08 53,797 49,780 1.75
48 FirstBank Holding Co. Lakewood, Colo. 1.07 146,562 136,558 1.53
Rockhold Bancorp Kirksville, Mo. 1.07 3,517 3,296 0.76
50 Southside Bancshares Inc. Tyler, Texas 1.04 44,396 42,505 1.59
51 Citizens Financial Services Inc. Mansfield, Pa. 1.04 9,864 9,472 1.42
CVB Financial Corp. Ontario, Calif. 1.04 65,419 62,985 0.99
53 Palm Bancorp Palmerton, Pa. 0.99 7,012 7,079 1.18
Pinnacle Bancorp Inc. Central City, Neb. 0.99 79,491 80,655 1.46
First Keystone Corp. Berwick, Pa. 0.99 7,937 8,056 1.07
56 United Community Bancorp Inc. Chatham, Ill. 0.98 9,357 9,530 1.17
57 Magnolia Banking Corp. Ark. 0.96 7,899 8,200 1.24
Stockman Financial Corp. Miles City, Mont. 0.96 23,358 24,341 1.42
East West Bancorp Inc. Pasadena, Calif. 0.96 76,642 80,073 0.55
Cummins-American Corp. Glenview, Ill. 0.96 12,327 12,879 1.21
61 First Artesia Bancshares Inc. N.M. 0.94 12,784 13,587 1.82
62 Nodaway Valley Bancshares Inc. Maryville, Mo. 0.93 9,552 10,234 1.43
Camden National Corp. Maine 0.93 22,773 24,588 1.00
64 First New Mexico Financial Corp. Deming 0.92 4,216 4,569 1.22
Traditional Bancorp. Inc. Mount Sterling, Ky. 0.92 9,160 9,969 0.99
Middlesex Bancorp MHC Natick, Mass. 0.92 40,689 44,293 NA
Guaranty Bancshares Inc. Mount Pleasant, Texas 0.92 11,431 12,483 1.45
68 Security National Corp. Omaha 0.91 10,524 11,613 1.69
First Citizens Financial Corp. Mason City, Iowa 0.91 11,735 12,958 1.13
Ambank Co. Inc. Sioux Center, Iowa 0.91 8,227 9,090 1.16
71 Hometown Banc Corp Grand Island, Neb. 0.90 8,154 9,056 1.17
72 Bar Harbor Bankshares Maine 0.89 10,350 11,594 0.98
American Bancorp. Inc. Sapulpa, Okla. 0.89 9,505 10,682 1.41
74 First Citizens Bancorp. Inc. Columbia, S.C. 0.88 101,020 114,435 1.36
75 First Financial Banc Corp. El Dorado, Ark. 0.87 11,495 13,230 1.85
76 Hyde Park Bancorp MHC Mass. 0.86 5,369 6,224 0.01
United Bankshares Inc. Charleston, W.Va. 0.86 67,298 78,093 0.85
78 Southeast Bancshares Inc. Chanute, Kan. 0.85 3,248 3,801 1.22
79 Ames National Corp. Iowa 0.84 9,006 10,757 1.02
80 Stearns Financial Services Inc. St. Cloud, Minn. 0.83 16,641 19,938 1.31
American State Financial Corp. Lubbock 0.83 29,130 35,137 1.27
Goldman Sachs Group Inc. New York 0.83 13,385,000 16,193,000 1.47
83 Republic Bancorp Inc. Louisville 0.82 42,131 51,173 1.23
First Paragould Bankshares Inc. Ark. 0.82 6,521 7,923 1.05
CBX Corp. Carrollton, Ill. 0.82 6,737 8,259 0.87
Charter Bankshares Inc. Eau Claire, Wis. 0.82 4,937 6,055 0.69
87 RCB Holding Co. Inc. Claremore, Okla. 0.81 18,991 23,328 1.44
First Bancorp Inc. Lebanon, Va. 0.81 11,977 14,719 1.15
Home BancShares Inc. Conway, Ark. 0.81 26,806 33,035 1.03
Arrow Financial Corp. Glens Falls, N.Y. 0.81 21,792 27,042 1.24
91 NEB Corp. Fond Du Lac, Wis. 0.80 13,859 17,332 0.96
Suffolk Bancorp Riverhead, N.Y. 0.80 22,548 28,267 1.36
United Bank Corp. Zebulon, Ga. 0.80 13,342 16,751 1.58
94 First NBC Bank Holding Co. New Orleans 0.79 5,466 6,888 0.57
95 Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 0.78 6,539 8,361 NA
Orrstown Financial Services Inc. Shippensburg, Pa. 0.78 13,373 17,105 1.19
Midland Financial Corp. Casper, Wyo. 0.78 7,094 9,093 1.51
1st Summit Bancorp of Johnstown Inc. Pa. 0.78 5,223 6,697 0.90
99 Jeff Davis Bancshares Inc. Jennings, La. 0.77 6,663 8,636 1.35
100 Wilshire Bancorp Inc. Los Angeles 0.76 20,124 26,398 0.68
First Farmers Financial Corp. Converse, Ind. 0.76 7,875 10,391 1.15
102 CCFNB Bancorp Inc. Bloomsburg, Pa. 0.75 5,877 7,806 1.02
Bank of Marin Bancorp Novato, Calif. 0.75 12,765 17,001 1.16
Hills Bancorp. Iowa 0.75 15,985 21,443 0.88
105 Merchants Bancorp Inc. Hillsboro, Ohio 0.74 4,519 6,082 NA
Bank of Hawaii Corp. Honolulu 0.74 144,033 194,521 1.22
Porter Bancorp Inc. Louisville 0.74 11,068 15,009 0.65
108 Park National Corp. Newark, Ohio 0.73 74,192 101,225 1.05
Independent Alliance Banks Inc. Fort Wayne, Ind. 0.73 8,427 11,514 0.96
Sunflower Financial Inc. Salina, Kan. 0.73 21,019 28,830 1.23
Premier Financial Bancorp Inc. Huntington, W.Va. 0.73 9,118 12,509 1.11
Harleysville Savings Financial Corp. Pa. 0.73 4,555 6,273 0.55
113 Evangeline Bancshares Inc. Ville Platte, La. 0.72 4,659 6,464 0.84
114 First Community Bancshares Inc. Batesville, Ark. 0.71 5,822 8,146 0.98
M&F Bancorp Inc. Holly Springs, Miss. 0.71 1,247 1,751 1.56
First National Security Co. Hot Springs, Ark. 0.71 6,864 9,640 0.80
Oriental Financial Group Inc. San Juan, Puerto Rico 0.71 22,945 32,239 0.36
LSB Corp. North Andover, Mass. 0.71 5,037 7,083 0.64
Valley National Bancorp Wayne, N.J. 0.71 116,061 163,746 0.81
120 Penseco Financial Services Corp. Scranton, Pa. 0.70 8,891 12,616 1.10
Falcon Bancshares Inc. Laredo, Texas 0.70 9,666 13,749 1.04
122 Whitcorp Financial Co. Leoti, Kan. 0.69 6,086 8,765 1.01
BCB Bancorp Inc. Bayonne, N.J. 0.69 3,748 5,403 0.61
Lakeland Financial Corp. Warsaw, Ind. 0.69 18,966 27,354 0.78
Security Bancorp of Tennessee Inc. Halls 0.69 4,567 6,631 1.27
Lakeside Bancorp Inc. Chicago 0.69 5,663 8,257 0.54
127 First Illinois Bancorp Inc. East St. Louis 0.68 3,195 4,666 NA
Tennessee State Bancshares Inc. Pigeon Forge 0.68 6,839 10,022 0.93
Planters Holding Co. Indianola, Miss. 0.68 5,584 8,270 1.00
130 Durant Bancorp Inc. Okla. 0.67 23,450 34,769 1.12
131 Forcht Bancorp Inc. Corbin, Ky. 0.66 10,551 15,874 1.01
LCNB Corp. Lebanon, Ohio 0.66 7,766 11,727 1.08
Farmers and Merchants Bancorp Lodi, Calif. 0.66 20,013 30,316 1.15
Merchants Bancshares Inc. South Burlington, Vt. 0.66 12,479 18,912 0.91
New Mexico Banquest Corp. Santa Fe 0.66 8,409 12,779 1.27
Armed Forces Benefit Association Alexandria, Va. 0.66 15,130 22,997 NA
First Security Bancorp Searcy, Ark. 0.66 50,435 76,692 1.68
Cashmere Valley Financial Corp. Cashmere, Wash. 0.66 7,663 11,678 0.75
139 First Guaranty Bancshares Inc. Hammond, La. 0.65 7,021 10,732 0.74
Summit Bancorp Inc. Arkadelphia, Ark. 0.65 9,945 15,209 0.94
Security Holding Co. Fredericksburg, Texas 0.65 7,627 11,677 1.27
First of Long Island Corp. Glen Head, N.Y. 0.65 13,463 20,696 0.96
143 Independence Bancshares Inc. Owensboro, Ky. 0.64 8,446 13,100 1.01
Northern Trust Corp. Chicago 0.64 864,167 1,341,858 1.16
Coppermark Bancshares Inc. Oklahoma City 0.64 10,445 16,294 0.91
146 First Breckinridge Bancshares Inc. Irvington, Ky. 0.63 5,265 8,321 0.86
Longview Financial Corp. Texas 0.63 11,703 18,508 1.02
Citizens Bank Holding Inc. Mukwonago, Wis. 0.63 5,380 8,521 0.88
Montecito Bancorp Santa Barbara, Calif. 0.63 8,873 14,067 0.98
Red River Bancshares Inc. Alexandria, La. 0.63 7,315 11,702 0.97
151 Solvay Bank Corp. N.Y. 0.62 4,855 7,788 0.91
Bridge Bancorp Inc. Bridgehampton, N.Y. 0.62 8,763 14,083 1.06
Cullen/Frost Bankers Inc. San Antonio 0.62 179,034 288,441 1.15
CIB Marine Bancshares Inc. Pewaukee, Wis. 0.62 8,004 12,949 0.97
Hancock Holding Co. Gulfport, Miss. 0.62 74,775 121,449 1.05
156 First York Ban Corp. Neb. 0.61 10,093 16,554 1.27
NBT Bancorp Inc. Norwich, N.Y. 0.61 52,011 85,565 0.96
FNB Bancorp Inc. Newtown, Pa. 0.61 6,762 11,130 1.01
BOU Bancorp Inc. Ogden, Utah 0.61 9,253 15,281 1.28
160 Security National Corp. Dakota Dunes, S.D. 0.60 10,344 17,127 0.95
Penns Woods Bancorp Inc. Williamsport, Pa. 0.60 6,093 10,189 0.91
Central Banco. Inc. Jefferson City, Mo. 0.60 92,476 154,721 1.02
Northstar Financial Corp. Denton, Texas 0.60 6,821 11,453 0.95
Foresight Financial Group Inc. Rockford, Ill. 0.60 5,483 9,208 0.71
U.S. Bancorp Minneapolis 0.60 2,205,000 3,704,000 0.82
166 Tompkins Financial Corp. Ithaca, N.Y. 0.59 31,831 53,826 1.06
Carbon County Holding Co. Rawlins, Wyo. 0.59 2,547 4,312 1.54
Mid Illinois Bancorp Inc. Peoria 0.59 5,154 8,737 0.90
ESB Bancorp MHC Easthampton, Mass. 0.59 5,852 9,984 0.73
170 Midland Bancshares Inc. Texas 0.58 4,619 8,017 0.83
Community Trust Bancorp Inc. Pikeville, Ky. 0.58 25,059 43,561 0.82
172 Intrust Financial Corp. Wichita 0.57 31,784 55,350 0.90
One American Corp. Vacherie, La. 0.57 7,431 12,943 1.04
Reliable Community Bancshares Inc. Perryville, Mo. 0.57 6,777 11,839 0.92
USAmeriBancorp Inc. Largo, Fla. 0.57 4,838 8,480 0.68
Broadway Bancshares Inc. San Antonio 0.57 23,227 40,819 1.12
Farmers and Merchants Bancorp Inc. Archbold, Ohio 0.57 6,605 11,619 0.80
Wilson Bank Holding Co. Lebanon, Tenn. 0.57 11,567 20,375 0.81
179 CNB Financial Corp. Clearfield, Pa. 0.56 8,512 15,177 0.81
Alliance Financial Corp. Syracuse 0.56 11,448 20,428 0.81
CNB Bancshares Inc. Sevierville, Tenn. 0.56 5,670 10,125 0.70
Liberty Bancshares Inc. Springfield, Mo. 0.56 7,630 13,657 0.82
AFNB Holdings Inc. Houston 0.56 5,146 9,239 0.73
German American Bancorp Inc. Jasper, Ind. 0.56 12,218 21,961 0.99
185 Austin Bancorp Inc. Jacksonville, Texas 0.55 12,319 22,322 1.17
Bank of Commerce Holdings Redding, Calif. 0.55 6,005 10,882 0.75
Trustmark Corp. Jackson, Miss. 0.55 93,047 169,252 0.98
Merchants and Southern Banks of Florida Inc. Gainesville 0.55 3,327 6,062 0.85
PNC Financial Services Group Inc. Pittsburgh 0.55 2,447,823 4,478,926 0.88
190 First Citizens Bancshares Inc. Dyersburg, Tenn. 0.54 8,327 15,285 0.89
Independent Bank Group Inc. McKinney, Texas 0.54 7,642 14,043 0.88
Citizens Holding Co. Philadelphia, Miss. 0.54 7,139 13,123 0.89
Bank of Kentucky Financial Corp. Crestview Hills 0.54 8,760 16,139 0.65
Citizens Bancshares of Batesville Inc. Ark. 0.54 4,091 7,553 0.82
Banterra Corp Eldorado, Ill. 0.54 9,007 16,638 0.84
FSB Mutual Holdings Inc. Perkasie, Pa. 0.54 5,769 10,689 0.53
215 Holding Co. Minneapolis 0.54 3,747 6,954 0.90
First Financial Corp. Terre Haute, Ind. 0.54 22,720 42,256 0.95
Texas Independent Bancshares Inc. Texas City 0.54 7,647 14,252 1.08
200 Canandaigua National Corp. N.Y. 0.53 15,194 28,447 1.00

Note: Only domestic holding companies that file Y-9C reports are included. Based on Y9C filings by top-tier bank holding companies with the Federal Reserve. Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of May 1, 2010.

Source:

SNL Financial
, Charlottesville, Va.
© 2010 American Banker