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

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

Banking Companies with Highest Multiples of Net Income to Salary, BenefitsOn Dec. 31, 2010. Dollars in thousands
Published May 24, 2011

Rank   Multiple Net income Salary and benefits Return on average assets
1 Briscoe Ranch Inc. Uvalde, Texas 9.04 $61,161 $6,765 8.26%
2 SBT Bancshares Inc. Dallas 6.48 19,695 3,040 3.11
3 NRBC Holding Corp. Chicago 6.47 31,322 4,844 2.46
4 Hyde Park Bancorp MHC Mass. 4.69 29,212 6,222 3.33
5 CU Bank Shares Inc. Dallas 4.16 29,959 7,207 3.16
6 Educational Services of America Inc. Knoxville, Tenn. 3.93 16,310 4,152 1.16
7 JJR Holding Co. Inc. Brick, N.J. 2.58 17,184 6,665 3.22
8 Lauritzen Corp. Omaha, Neb. 2.16 72,315 33,442 4.67
9 Herky Hawk Financial Corp. Monticello, Iowa 2.04 8,460 4,144 2.03
10 United National Corp. Sioux Falls, S.D. 1.99 293,914 147,762 16.82
11 New York Community Bancorp Inc. Westbury 1.97 541,017 274,863 1.29
12 Community & Southern Holdings Inc. Carrollton, Ga. 1.89 56,577 29,899 2.53
13 Capitol Bancorp. Inc. Britton, S.D. 1.84 14,322 7,789 2.22
14 Rockhold Bancorp Kirksville, Mo. 1.81 5,854 3,235 1.20
15 First Michigan Bancorp Inc. Troy 1.74 43,224 24,856 NA
16 Bank of the Ozarks Inc. Little Rock, Ark. 1.59 64,001 40,161 2.13
Bond Street Holdings Inc. Miami 1.59 30,398 19,103 1.54
18 Olney Bancshares of Texas Inc. 1.58 28,346 17,926 1.74
19 Fidelity Holding Co. Minnetonka, Minn. 1.55 6,830 4,419 1.88
Citizens Bankshares Inc. Farmington, N.M. 1.55 10,750 6,956 1.85
21 Amarillo National Bancorp Inc. Texas 1.54 64,972 42,157 2.37
22 Westamerica Bancorp. San Rafael, Calif. 1.53 94,577 61,748 1.95
23 Waupaca Bancorp. Inc. Wis. 1.50 12,159 8,126 1.70
24 Ambank Co. Inc. Sioux Center, Iowa 1.48 14,201 9,601 1.94
Weststar Bank Holding Co. Inc. El Paso, Texas 1.48 18,929 12,807 2.23
26 Prosperity Bancshares Inc. Houston 1.47 127,709 86,980 1.38
27 Industry Bancshares Inc. Texas 1.46 20,085 13,798 1.59
28 Inwood Bancshares Inc. Dallas 1.45 21,182 14,644 1.61
29 Franklin Resources Inc. San Mateo, Calif. 1.42 1,591,243 1,119,068 15.32
National Bankshares Inc. Blacksburg, Va. 1.42 15,569 10,963 1.57
31 Parke Bancorp Inc. Sewell, N.J. 1.40 7,340 5,250 1.06
32 Manhattan Banking Corp. Kan. 1.37 10,492 7,659 1.52
33 Ida Grove Bancshares Inc. Iowa 1.34 17,000 12,669 1.54
34 BCB Bancorp Inc. Bayonne, N.J. 1.33 14,326 10,785 1.61
Bank of Southside Virginia Corp. Carson 1.33 9,219 6,956 1.69
36 American National Corp. Omaha, Neb. 1.29 34,102 26,507 2.02
37 United Community Bancorp Inc. Chatham, Ill. 1.26 18,026 14,326 1.64
38 WNB Bancshares Inc. Odessa, Texas 1.24 15,520 12,499 1.51
39 Hometown Community Bancorp Inc. Morton, Ill. 1.23 32,893 26,837 1.28
40 West Bancorp. Inc. West Des Moines, Iowa 1.22 13,383 10,996 0.86
41 Charter Bankshares Inc. Eau Claire, Wis. 1.21 7,826 6,485 1.07
42 Heartland Bancorp Inc. Bloomington, Ill. 1.20 29,226 24,328 1.80
Ames National Corp. Iowa 1.20 12,966 10,826 1.41
44 ServisFirst Bancshares Inc. Birmingham, Ala. 1.18 17,378 14,669 1.04
Citizens Bancshares Inc. Bluffton, Ohio 1.18 9,469 7,994 1.71
First Financial Banc Corp. El Dorado, Ark. 1.18 16,799 14,258 2.53
47 Stockman Financial Corp. Miles City, Mont. 1.17 30,765 26,235 1.62
Republic Bancorp Inc. Louisville, Ky. 1.17 64,753 55,246 1.81
Citizens Financial Services Inc. Mansfield, Pa. 1.17 11,502 9,850 1.50
50 Pinnacle Bancorp Inc. Central City, Neb. 1.16 95,309 82,160 1.67
Center Financial Corp. Los Angeles 1.16 22,683 19,629 1.02
52 Hometown Banc Corp Grand Island, Neb. 1.13 12,180 10,787 1.65
Citizens & Northern Corp. Wellsboro, Pa. 1.13 19,055 16,903 1.44
First Financial Bankshares Inc. Abilene, Texas 1.13 59,659 52,923 1.79
55 Norwood Financial Corp. Honesdale, Pa. 1.12 7,313 6,507 1.10
56 Lakeside Bancorp Inc. Chicago 1.09 9,015 8,255 0.83
Atlantic Capital Bancshares Inc. Atlanta 1.09 12,747 11,687 1.66
RCB Holding Co. Inc. Claremore, Okla. 1.09 30,639 28,120 1.84
59 State Bank Financial Corp. Atlanta 1.08 45,546 42,333 NA
60 Penns Woods Bancorp Inc. Williamsport, Pa. 1.07 10,929 10,214 1.55
Washington Banking Co. Oak Harbor 1.07 25,270 23,624 1.67
62 CentraBanc Corp. Waco, Texas 1.06 7,048 6,633 1.22
Capital One Financial Corp. McLean, Va. 1.06 2,743,433 2,588,797 1.37
64 Hills Bancorp. Iowa 1.05 23,316 22,255 1.25
65 First Internet Bancorp Indianapolis 1.04 4,955 4,747 1.00
First Citizens Financial Corp. Mason City, Iowa 1.04 14,750 14,140 1.38
CBX Corp. Carrollton, Ill. 1.04 9,915 9,572 1.12
68 Nodaway Valley Bancshares Inc. Maryville, Mo. 1.03 10,478 10,133 1.50
FirstBank Holding Co. Lakewood, Colo. 1.03 148,858 144,512 1.46
Plains Bancorp Inc. Dimmitt, Texas 1.03 13,627 13,283 1.47
71 Guaranty Bancshares Inc. Mount Pleasant, Texas 1.02 14,620 14,272 1.59
Northeast Bancorp Lewiston, Maine 1.02 14,205 13,909 2.30
International Bancshares Corp. Laredo, Texas 1.02 130,022 127,470 1.16
City Holding Co. Charleston, W.Va. 1.02 38,960 38,241 1.47
First Bancorp Inc. Damariscotta, Maine 1.02 12,116 11,906 0.90
76 Discover Financial Services Riverwoods, Ill. 1.01 821,420 816,949 1.30
77 First NBC Bank Holding Co. New Orleans 1.00 10,234 10,208 0.82
78 First Keystone Corp. Berwick, Pa. 0.99 8,961 9,049 1.09
79 Bank of Hawaii Corp. Honolulu 0.98 183,942 187,916 1.45
80 First Security Bancorp Searcy, Ark. 0.97 73,325 75,793 2.17
81 First Paragould Bankshares Inc. Ark. 0.96 8,266 8,595 1.28
East West Bancorp Inc. Pasadena, Calif. 0.96 164,565 171,260 0.81
83 Planters Holding Co. Indianola, Miss. 0.95 8,099 8,490 1.35
FirstPerryton Bancorp Inc. Texas 0.95 10,178 10,720 1.43
85 USAmeriBancorp Inc. Clearwater, Fla. 0.94 10,273 10,875 1.10
First Breckinridge Bancshares Inc. Irvington, Ky. 0.94 8,409 8,922 1.31
Camden National Corp. Maine 0.94 24,766 26,337 1.09
Orange County Bancorp Inc. Middletown, N.Y. 0.94 7,141 7,601 1.27
89 215 Holding Co. Minneapolis 0.93 6,965 7,469 1.47
United Bankshares Inc. Charleston, W.Va. 0.93 71,947 77,313 0.95
Coastal Affiliates MHC Hyannis, Mass. 0.93 6,543 7,071 1.12
92 County Bancorp Inc. Manitowoc, Wis. 0.92 6,031 6,568 0.93
Sabine Bancshares Inc. Many, La. 0.92 13,292 14,489 1.98
First Artesia Bancshares Inc. N.M. 0.92 13,199 14,392 1.77
Palm Bancorp Palmerton, Pa. 0.92 6,832 7,462 1.04
Pacific Capital Bancorp Santa Barbara, Calif. 0.92 25,744 28,128 0.37
97 NEB Corp. Fond Du Lac, Wis. 0.91 15,531 16,984 1.03
CVB Financial Corp. Ontario, Calif. 0.91 63,370 69,419 0.94
Independence Bancshares Inc. Owensboro, Ky. 0.91 12,709 13,953 1.32
American State Financial Corp. Lubbock, Texas 0.91 36,026 39,678 1.44
101 Midland Financial Corp. Casper, Wyo. 0.90 8,396 9,279 1.72
Traditional Bancorp. Inc. Mount Sterling, Ky. 0.90 9,606 10,618 0.94
Merchants Bancorp Inc. Hillsboro, Ohio 0.90 6,136 6,803 1.09
Southside Bancshares Inc. Tyler, Texas 0.90 39,491 43,957 1.32
Penseco Financial Services Corp. Scranton, Pa. 0.90 11,722 13,081 1.32
106 S&T Bancorp Inc. Indiana, Pa. 0.89 43,480 48,715 1.06
Blackhawk Bancorp. Inc. Milan, Ill. 0.89 8,885 9,959 1.05
CIT Group Inc. New York 0.89 516,764 582,385 0.93
First New Mexico Financial Corp. Deming 0.89 4,354 4,908 1.16
First of Long Island Corp. Glen Head, N.Y. 0.89 18,392 20,761 1.12
111 Neighbor Insurance Agency Inc. Marion, Iowa 0.88 8,398 9,529 1.45
Banterra Corp Eldorado, Ill. 0.88 15,299 17,376 1.42
American Bancorp. Inc. Sapulpa, Okla. 0.88 9,688 11,017 1.42
Cummins-American Corp. Glenview, Ill. 0.88 12,333 14,070 1.13
115 Bar Harbor Bankshares Maine 0.87 10,662 12,193 0.98
PNC Financial Services Group Inc. Pittsburgh 0.87 3,411,545 3,915,613 1.28
Magnolia Banking Corp. Ark. 0.87 7,268 8,374 1.10
Cameron Bancshares Inc. Lake Charles, La. 0.87 9,263 10,679 1.29
Orrstown Financial Services Inc. Shippensburg, Pa. 0.87 16,581 19,120 1.21
TriState Capital Holdings Inc. Pittsburgh 0.87 16,189 18,687 0.97
121 AFNB Holdings Inc. Houston 0.86 8,496 9,829 1.17
Virginia Commerce Bancorp Inc. Arlington 0.86 21,540 24,990 0.77
123 Northern Bancorp Inc. Woburn, Mass. 0.85 6,700 7,840 1.07
Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 0.85 7,230 8,462 1.27
1st Summit Bancorp of Johnstown Inc. Pa. 0.85 6,353 7,462 0.97
First Guaranty Bancshares Inc. Hammond, La. 0.85 10,025 11,776 0.98
127 Falcon Bancshares Inc. Laredo, Texas 0.84 10,970 13,065 1.23
128 American Central Bancorp. Inc. Springfield, Ill. 0.83 9,599 11,513 1.66
Liberty Bancshares Inc. Springfield, Mo. 0.83 12,474 14,985 1.30
Lakeland Financial Corp. Warsaw, Ind. 0.83 24,530 29,635 0.92
131 Cashmere Valley Financial Corp. Cashmere, Wash. 0.82 9,737 11,823 0.92
SCBT Financial Corp. Columbia, S.C. 0.82 51,882 63,100 1.43
133 QNB Corp. Quakertown, Pa. 0.80 7,217 8,999 0.93
Sword Financial Corp. Horicon, Wis. 0.80 5,495 6,867 1.03
Security National Corp. Omaha, Neb. 0.80 9,888 12,372 1.50
136 Arrow Financial Corp. Glens Falls, N.Y. 0.79 21,892 27,552 1.16
First Bancorp Inc. Lebanon, Va. 0.79 12,655 15,947 1.10
United Bank Corp. Zebulon, Ga. 0.79 14,339 18,081 1.51
Independent Bank Group Inc. McKinney, Texas 0.79 13,140 16,697 1.36
140 Evangeline Bancshares Inc. Ville Platte, La. 0.78 5,454 6,963 0.96
Coppermark Bancshares Inc. Oklahoma City 0.78 12,991 16,693 1.08
142 New York Private Bank and Trust Corp. 0.77 87,714 113,203 0.68
Whitcorp Financial Co. Leoti, Kan. 0.77 6,936 8,993 1.14
Independent Alliance Banks Inc. Fort Wayne, Ind. 0.77 9,440 12,305 1.04
145 CCFNB Bancorp Inc. Bloomsburg, Pa. 0.76 6,304 8,258 1.04
First Southern Bancorp Inc. Stanford, Ky. 0.76 8,651 11,344 1.28
LCNB Corp. Lebanon, Ohio 0.76 9,373 12,382 1.23
148 Park National Corp. Newark, Ohio 0.75 74,217 98,315 1.05
Merchants Bancshares Inc. South Burlington, Vt. 0.75 15,461 20,497 1.07
150 Valley National Bancorp Wayne, N.J. 0.74 131,170 176,106 0.93
Bank of Marin Bancorp Novato, Calif. 0.74 13,552 18,240 1.14
U.S. Bancorp Minneapolis 0.74 3,317,000 4,483,000 1.16
North American Financial Holdings Inc. Charlotte, N.C. 0.74 12,742 17,230 NA
M&T Bank Corp. Buffalo, N.Y. 0.74 736,161 999,709 1.08
First Farmers Financial Corp. Converse, Ind. 0.74 8,674 11,785 1.07
156 ESB Bancorp MHC Easthampton, Mass. 0.73 7,506 10,279 0.89
Southeast Bancshares Inc. Chanute, Kan. 0.73 2,789 3,823 1.01
American Express Co. New York 0.73 4,057,174 5,565,970 2.86
First Arkansas Bancshares Inc. Jacksonville 0.73 7,551 10,399 1.17
160 Jeff Davis Bancshares Inc. Jennings, La. 0.72 6,343 8,810 1.25
Farmers and Merchants Bancorp Lodi, Calif. 0.72 21,118 29,347 1.19
162 Harleysville Savings Financial Corp. Pa. 0.71 5,009 7,016 0.59
Longview Financial Corp. Texas 0.71 14,084 19,759 1.11
Provident Financial Services Inc. Iselin, N.J. 0.71 49,705 69,865 0.73
First Manitowoc Bancorp Inc. Wis. 0.71 7,450 10,495 0.91
Commercial Holding Co. Paris, Tenn. 0.71 7,294 10,283 1.18
Cullen/Frost Bankers Inc. San Antonio 0.71 208,764 294,619 1.23
168 Summit Bancorp Inc. Arkadelphia, Ark. 0.70 11,277 16,062 1.00
Broadway Bancshares Inc. San Antonio 0.70 29,993 42,721 1.30
Magyar Bancorp MHC New Brunswick, N.J. 0.70 4,047 5,780 0.74
Putnam Bancshares Inc. Hurricane, W.Va. 0.70 3,371 4,815 0.63
Community Trust Bancorp Inc. Pikeville, Ky. 0.70 33,034 47,264 1.03
Ironhorse Financial Group Inc. Muskogee, Okla. 0.70 15,339 22,008 1.75
Jefferson Bancshares Inc. San Antonio 0.70 11,187 16,061 1.54
Apple Financial Holdings Inc. New York 0.70 36,604 52,615 0.54
176 CNB Financial Corp. Clearfield, Pa. 0.69 11,316 16,314 0.87
Community Bank System Inc. DeWitt, N.Y. 0.69 63,320 91,401 1.17
Mid Illinois Bancorp Inc. Peoria 0.69 6,317 9,147 1.02
MetLife Inc. New York 0.69 2,884,028 4,194,826 0.48
First York Ban Corp. Neb. 0.69 12,135 17,674 1.35
181 Heritage Financial Corp. Olympia, Wash. 0.68 13,354 19,527 1.16
Community Bank Shares of Indiana Inc. New Albany 0.68 6,989 10,227 0.85
Starion Bancorp. Bismarck, N.D. 0.68 8,280 12,179 1.11
FNB Bancorp Inc. Newtown, Pa. 0.68 7,343 10,823 1.03
185 Citizens Bancorp Investment Inc. Lafayette, Tenn. 0.67 5,132 7,620 0.93
Auburn National Bancorp. Inc. Ala. 0.67 5,346 7,951 0.68
Cardinal Financial Corp. McLean, Va. 0.67 18,442 27,445 0.92
Independent Holdings Inc. Memphis, Tenn. 0.67 7,255 10,871 0.93
189 First Community Bancshares Inc. Batesville, Ark. 0.66 5,963 8,975 0.88
S.Y. Bancorp Inc. Louisville, Ky. 0.66 22,953 34,719 1.25
Ally Financial Inc. Detroit 0.66 1,075,000 1,628,000 0.61
NB&T Financial Group Inc. Wilmington, Ohio 0.66 8,809 13,448 1.27
193 Solvay Bank Corp. N.Y. 0.65 5,672 8,660 0.98
First Bankers Trustshares Inc. Quincy, Ill. 0.65 6,440 9,848 0.99
Red River Bancshares Inc. Alexandria, La. 0.65 8,337 12,793 0.98
M&F Bancorp Inc. Holly Springs, Miss. 0.65 1,159 1,780 1.39
Center Bancorp Inc. Union, N.J. 0.65 7,004 10,765 0.59
Clayton Bancorp Inc. Knoxville, Tenn. 0.65 5,732 8,817 0.63
Financial Institutions Inc. Warsaw, N.Y. 0.65 21,287 32,810 0.99
Commerce Bancshares Inc. Kansas City, Mo. 0.65 221,710 342,482 1.23
Wood & Huston Bancorp. Inc. Marshall, Mo. 0.65 5,391 8,349 1.12
Security National Corp. Dakota Dunes, S.D. 0.65 11,410 17,680 1.05
NBH Holdings Corp. Boston 0.65 16,694 25,877 NA
American National Bankshares Inc. Bluefield, Va. 0.65 8,278 12,834 1.00

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 April 27, 2011.

Source:

SNL Financial
, Charlottesville, Va.
© 2011 American Banker