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, 2008. Dollars in thousands
Published May 7, 2009

Rank   Multiple Net income Salary and benefits Return on average assets
1 NRBC Holding Corp. Chicago 4.30 $18,140 $4,217 NA
2 Briscoe Ranch Inc. Uvalde, Tex. 2.44 20,471 8,405 NA
3 Inwood Bancshares Inc. Dallas 1.60 25,658 16,085 1.84%
4 Citizens Bankshares Inc. Farmington, N.M. 1.59 11,083 6,979 2.08
5 Waupaca Bancorp. Inc. Wis. 1.56 11,980 7,665 1.84
6 Manhattan Banking Corp. Kan. 1.54 9,693 6,275 1.46
7 FirstPerryton Bancorp Inc. Tex. 1.51 14,508 9,639 2.17
8 Ida Grove Bancshares Inc. Iowa 1.49 17,029 11,423 1.66
9 Lakeside Bancorp Inc. Chicago 1.46 11,701 8,001 1.25
10 United Community Bancorp Inc. Chatham, Ill. 1.44 12,408 8,629 1.80
11 Amarillo National Bancorp Inc. Tex. 1.41 52,136 36,885 1.99
S&T Bancorp Inc. Indiana, Pa. 1.41 60,203 42,708 1.52
13 Charter Bankshares Inc. Eau Claire, Wis. 1.38 5,900 4,273 NA
14 Capitol Bancorp. Inc. Britton, S.D. 1.34 10,992 8,201 1.81
15 West Financial Inc. El Paso 1.32 15,060 11,368 2.13
16 CBX Corp. Carrollton, Ill. 1.31 10,186 7,803 1.46
17 Whitcorp Financial Co. Leoti, Kan. 1.28 11,165 8,705 2.02
18 United National Corp. Sioux Falls, S.D. 1.27 201,470 158,253 13.49
19 Bank of Highland Park Financial Corp. Ill. 1.25 9,267 7,402 0.77
20 First Bancorp Inc. Damariscotta, Maine 1.24 14,034 11,333 1.13
21 National Bankshares Inc. Blacksburg, Va. 1.22 13,593 11,168 1.51
22 Intervest Bancshares Corp. New York 1.20 7,266 6,039 0.34
Magnolia Banking Corp. Ark. 1.20 9,267 7,751 1.53
24 Prosperity Bancshares Inc. Houston 1.19 84,507 70,818 1.20
25 First National Community Bancorp Inc. Dunmore, Pa. 1.18 15,083 12,745 1.16
26 Westamerica Bancorp. San Rafael, Calif. 1.16 59,835 51,492 1.42
United Bankshares Inc. Charleston, W.Va. 1.16 86,954 75,027 1.09
28 Bank of the Ozarks Inc. Little Rock 1.15 34,701 30,132 1.15
29 Intrust Financial Corp. Wichita 1.14 70,142 61,542 2.04
Rockhold Bancorp Kirksville, Mo. 1.14 3,843 3,375 0.86
31 First Artesia Bancshares Inc. N.M. 1.13 12,022 10,671 2.08
32 Diamond Bancorp Inc. Washington, Mo. 1.12 8,523 7,620 1.35
Hometown Community Bancorp Inc. Morton, Ill. 1.12 16,999 15,230 1.05
34 Franklin Resources Inc. San Mateo, Calif. 1.10 1,190,797 1,084,430 12.63
35 Cashmere Valley Financial Corp. Wash. 1.09 12,217 11,190 1.31
36 First Financial Bankshares Inc. Abilene, Tex. 1.07 53,164 49,582 1.74
37 Traditional Bancorp. Inc. Mount Sterling, Ky. 1.06 10,403 9,848 1.22
38 WNB Bancshares Inc. Odessa, Tex. 1.05 15,759 14,950 1.87
39 Blackhawk Bancorp. Inc. Milan, Ill. 1.03 8,730 8,448 1.04
First Keystone Corp. Berwick, Pa. 1.03 7,551 7,350 1.08
Plains Bancorp Inc. Dimmitt, Tex. 1.03 10,723 10,442 1.38
42 American Bancorp. Inc. Sapulpa, Okla. 1.02 10,148 9,915 1.66
International Bancshares Corp. Laredo, Tex. 1.02 132,110 129,084 1.19
First New Mexico Financial Corp. Deming 1.02 4,552 4,452 1.42
CVB Financial Corp. Ontario, Calif. 1.02 62,500 61,271 0.98
46 Ambank Co. Inc. Sioux Center, Iowa 1.01 8,713 8,599 1.30
Albank Corp. Chicago 1.01 6,582 6,528 1.28
48 Wilshire Bancorp Inc. Los Angeles 1.00 26,473 26,409 1.14
Southeast Bancshares Inc. Chanute, Kan. 1.00 3,690 3,693 1.43
Myers Bancshares Inc. Alva, Okla. 1.00 3,998 4,010 1.59
51 Olney Bancshares of Texas Inc. 0.99 19,001 19,212 1.17
52 American River Bankshares Rancho Cordova, Calif. 0.98 7,571 7,687 1.32
Midland Financial Corp. Casper, Wyo. 0.98 8,080 8,235 1.80
First Citizens Financial Corp. Mason City, Iowa 0.98 11,801 12,049 1.20
Stockman Financial Corp. Miles City, Mont. 0.98 23,090 23,632 1.53
CNB Bancshares Inc. Sevierville, Tenn. 0.98 9,983 10,224 1.37
57 Security National Corp. Omaha 0.97 10,614 10,907 1.84
Durant Bancorp Inc. Okla. 0.97 30,698 31,792 1.61
59 Carbon County Holding Co. Rawlins, Wyo. 0.96 4,099 4,257 2.52
Suffolk Bancorp Riverhead, N.Y. 0.96 24,688 25,646 1.59
Bank of Hawaii Corp. Honolulu 0.96 192,213 199,695 1.84
Valley View Bancshares Inc. Overland Park, Kan. 0.96 35,562 37,066 1.19
Palm Bancorp Palmerton, Pa. 0.96 6,519 6,799 1.16
64 Porter Bancorp Inc. Louisville 0.95 14,010 14,792 0.89
65 Farmers and Merchants Bancorp Lodi, Calif. 0.94 22,790 24,252 1.45
66 Gulfstream Bancshares Inc. Stuart, Fla. 0.93 5,243 5,610 0.93
FirstBank Holding Co. Lakewood, Colo. 0.93 127,164 137,144 1.40
68 Parkway Bancorp Inc. Harwood Heights, Ill. 0.92 15,039 16,265 0.64
Sunflower Financial Inc. Salina, Kan. 0.92 28,546 30,909 1.80
Nodaway Valley Bancshares Inc. Maryville, Mo. 0.92 8,813 9,614 1.38
71 Cameron Bancshares Inc. Lake Charles, La. 0.91 9,291 10,177 1.53
Auburn National Bancorp. Inc. Ala. 0.91 6,636 7,278 0.92
Smithtown Bancorp Inc. Hauppauge, N.Y. 0.91 15,723 17,277 1.05
United Bank Corp. Barnesville, Ga. 0.91 13,487 14,872 2.04
75 MetLife Inc. New York 0.90 3,209,215 3,550,988 0.59
Banterra Corp. Eldorado, Ill. 0.90 14,496 16,139 1.40
77 Neighbor Insurance Agency Inc. Marion, Iowa 0.89 7,534 8,476 1.41
Cummins-American Corp. Glenview, Ill. 0.89 11,926 13,420 1.27
79 First Financial Banc Corp. El Dorado, Ark. 0.88 11,331 12,855 1.91
Tennessee Commerce Bancorp Inc. Franklin 0.88 7,754 8,811 0.73
Jeff Davis Bancshares Inc. Jennings, La. 0.88 7,580 8,638 1.61
82 Pinnacle Bancorp Inc. Central City, Neb. 0.87 65,834 75,442 1.36
Citizens National Banc Corp. Meridian, Miss. 0.87 15,501 17,827 1.37
84 NEB Corp. Fond Du Lac, Wis. 0.86 15,587 18,023 1.18
85 RCB Holding Co. Inc. Claremore, Okla. 0.85 19,487 22,802 1.62
Guaranty Bancshares Inc. Mount Pleasant, Tex. 0.85 9,561 11,217 1.47
Penseco Financial Services Corp. Scranton, Pa. 0.85 8,613 10,157 1.40
Bankmanagers Corp. Milwaukee 0.85 9,102 10,745 1.17
Industry Bancshares Inc. Tex. 0.85 8,964 10,589 1.13
Falcon Bancshares Inc. Laredo, Tex. 0.85 12,654 14,965 1.45
91 FSB Mutual Holdings Inc. Perkasie, Pa. 0.84 7,706 9,150 0.72
Central Bancorp. Provo, Utah 0.84 10,828 12,884 1.73
93 U.S. Bancorp Minneapolis 0.83 2,946,000 3,529,000 1.20
Arrow Financial Corp. Glens Falls, N.Y. 0.83 20,437 24,551 1.24
Penns Woods Bancorp Inc. Williamsport, Pa. 0.83 8,003 9,634 1.25
Orrstown Financial Services Inc. Shippensburg, Pa. 0.83 13,103 15,855 1.38
97 Southside Bancshares Inc. Tyler, Tex. 0.82 30,696 37,228 1.30
First National Security Co. Hot Springs, Ark. 0.82 8,701 10,595 1.09
First Bancorp Inc. Lebanon, Va. 0.82 12,178 14,834 1.28
NBT Bancorp Inc. Norwich, N.Y. 0.82 58,353 71,159 1.11
Harleysville Savings Financial Corp. Pa. 0.82 4,954 6,052 0.61
American State Financial Corp. Lubbock 0.82 27,184 33,276 1.28
103 Glacier Bancorp Inc. Kalispell, Mont. 0.81 65,657 80,817 1.31
Morrill Bancshares Inc. Merriam, Kan. 0.81 7,917 9,752 1.21
Southern Utah Bancorp. Cedar City 0.81 7,637 9,420 1.27
Alpine Banks of Colorado Glenwood Springs 0.81 32,674 40,581 1.28
107 Sierra Bancorp Porterville, Calif. 0.80 13,413 16,666 1.05
Starion Bancorp. Bismarck, N.D. 0.80 7,157 8,946 1.22
New Mexico Banquest Corp. Santa Fe 0.80 9,765 12,226 1.68
First BanCorp. San Juan, Puerto Rico 0.80 109,937 137,822 0.59
Broadway Bancshares Inc. San Antonio 0.80 31,220 39,202 1.73
First South Bancorp Inc. Washington, N.C. 0.80 10,988 13,809 1.21
113 Citizens Financial Services Inc. Mansfield, Pa. 0.79 6,905 8,725 1.13
Highlands Bankshares Inc. Petersburg, W.Va. 0.79 4,970 6,288 1.32
First Paragould Bankshares Inc. Ark. 0.79 6,051 7,664 1.04
BOU Bancorp Inc. Ogden, Utah 0.79 11,144 14,184 1.59
117 Oriental Financial Group Inc. San Juan, Puerto Rico 0.78 23,979 30,572 0.39
Lakeland Financial Corp. Warsaw, Ind. 0.78 19,701 25,248 0.91
Pinnacle Financial Corp. Elberton, Ga. 0.78 8,241 10,602 1.48
120 Heartland Bancorp Inc. Bloomington, Ill. 0.77 17,722 22,906 1.25
S.Y. Bancorp Inc. Louisville 0.77 21,676 28,217 1.38
West Suburban Bancorp Inc. Lombard, Ill. 0.77 16,814 21,890 0.90
123 Cathay General Bancorp El Monte, Calif. 0.76 50,521 66,626 0.47
Natcom Bancshares Inc. Superior, Wis. 0.76 4,231 5,587 NA
125 Bank of Marin Bancorp Novato, Calif. 0.75 12,150 16,097 1.28
City Holding Co. Charleston, W.Va. 0.75 28,109 37,263 1.12
Cullen/Frost Bankers Inc. San Antonio 0.75 207,255 275,702 1.50
Foster Bankshares Inc. Chicago 0.75 6,194 8,280 1.13
Planters Holding Co. Indianola, Miss. 0.75 6,147 8,234 1.18
First Farmers Financial Corp. Converse, Ind. 0.75 7,279 9,759 1.18
131 First Security Bankshares Inc. Lavonia, Ga. 0.74 4,163 5,595 1.28
Coppermark Bancshares Inc. Oklahoma City 0.74 12,254 16,532 1.21
Premier Financial Bancorp Inc. Huntington, W.Va. 0.74 7,536 10,229 1.12
Hudson Valley Holding Corp. Yonkers, N.Y. 0.74 30,877 41,942 1.30
135 Ironhorse Financial Group Inc. Muskogee, Okla. 0.73 14,916 20,547 1.88
136 Citizens Bancshares of Batesville Inc. Ark. 0.72 5,064 6,997 0.99
QNB Corp. Quakertown, Pa. 0.72 5,753 7,977 0.91
M&F Bancorp Inc. Holly Springs, Miss. 0.72 1,244 1,727 1.60
American Bank Holding Corp. Corpus Christi 0.72 14,330 19,912 1.64
Pacific Continental Corp. Eugene, Ore. 0.72 12,939 18,089 1.30
141 Tennessee State Bancshares Inc. Pigeon Forge 0.71 7,988 11,174 1.19
Bar Harbor Bankshares Maine 0.71 7,731 10,827 0.83
Fidelity Holding Co. Minnetonka, Minn. 0.71 2,858 4,023 0.89
Hills Bancorp. Iowa 0.71 14,140 20,001 0.83
Forcht Bancorp Inc. Lexington, Ky. 0.71 10,797 15,282 1.07
146 First Breckinridge Bancshares Inc. Irvington, Ky. 0.70 5,976 8,491 1.00
One American Corp. Vacherie, La. 0.70 9,729 13,916 1.41
Northstar Financial Corp. Denton, Tex. 0.70 7,402 10,622 1.22
First of Long Island Corp. Glen Head, N.Y. 0.70 12,962 18,636 1.10
150 Lone Star National Bancshares-Texas Inc. Pharr 0.69 13,291 19,139 0.80

Note: Only domestic holding companies that file Y-9C reports are included. Based on filings by top-tier bank holding companies with the Federal Reserve.

Source:
SNL Financial
, Charlottesville, Va.
© 2009 American Banker