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 March 31, 2011. Dollars in thousands
Published August 9, 2011

Rank   Multiple Net income Salary and
benefits
Return on
average assets
1 Briscoe Ranch Inc. Uvalde, Texas 12.67 $24,944 $1,968 12.40%
2 NRBC Holding Corp. Chicago 8.63 8,875 1,028 2.75
3 Chinatrust Capital Corp. Torrance, Calif. 6.93 38,929 5,614 8.46
4 SBT Bancshares Inc. Dallas 5.46 4,252 779 2.62
5 Oxford Financial Corp. Oak Brook, Ill. 4.65 10,340 2,222 7.19
6 Cascade Bancorp Bend, Ore. 4.23 31,044 7,339 7.40
7 Republic Bancorp Inc. Louisville, Ky. 4.14 71,412 17,239 7.01
Educational Services of America Inc. Knoxville, Tenn. 4.14 4,303 1,040 1.28
9 Amboy Bancorp. Old Bridge, N.J. 3.95 15,307 3,879 2.53
10 JJR Holding Co. Inc. Brick, N.J. 2.68 4,292 1,600 3.35
11 Lauritzen Corp. Omaha, Neb. 2.65 23,230 8,759 5.99
12 First California Financial Group Inc. Westlake Village 2.57 15,588 6,068 3.62
13 Johnson Financial Group Inc. Racine, Wis. 2.50 55,788 22,344 4.57
14 Capitol Bancorp. Inc. Britton, S.D. 2.49 4,263 1,711 2.48
15 Parkway Bancorp Inc. Harwood Heights, Ill. 2.30 8,885 3,870 1.39
16 Rockhold Bancorp Kirksville, Mo. 2.16 1,654 766 1.31
17 United National Corp. Sioux Falls, S.D. 2.11 70,636 33,464 16.92
18 Discover Financial Services Riverwoods, Ill. 2.08 468,385 225,407 2.90
19 Olney Bancshares of Texas Inc. 1.81 8,350 4,604 1.96
20 Lakeside Bancorp Inc. Chicago 1.78 3,456 1,941 1.29
Industry Bancshares Inc. Texas 1.78 6,953 3,910 1.81
22 First Breckinridge Bancshares Inc. Irvington, Ky. 1.76 4,538 2,580 2.64
23 First Bemidji Holding Co. Minn. 1.74 2,454 1,407 1.85
24 New York Community Bancorp Inc. Westbury 1.71 123,176 72,069 1.21
25 Stearns Financial Services Inc. St. Cloud, Minn. 1.65 7,180 4,350 2.06
26 Parke Bancorp Inc. Sewell, N.J. 1.62 2,292 1,414 1.22
27 Ambank Co. Inc. Sioux Center, Iowa 1.61 3,784 2,344 2.02
28 Franklin Resources Inc. San Mateo, Calif. 1.59 503,100 315,810 16.10
University Financial Corp. Inc. St. Paul, Minn. 1.59 4,739 2,983 1.95
30 Blackhawk Bancorp. Inc. Milan, Ill. 1.57 3,583 2,289 1.62
31 Magnolia Banking Corp. Ark. 1.54 3,056 1,985 1.79
Amarillo National Bancorp Inc. Texas 1.54 16,790 10,910 2.40
33 Manhattan Banking Corp. Kan. 1.52 2,992 1,971 1.68
34 Heritage Group Inc. Aurora, Neb. 1.49 2,381 1,598 1.76
35 Westamerica Bancorp. San Rafael, Calif. 1.48 22,382 15,075 1.81
West Bancorp. Inc. West Des Moines, Iowa 1.48 4,530 3,055 1.37
Pacific Premier Bancorp Inc. Costa Mesa, Calif. 1.48 4,772 3,224 2.10
38 Bank of Southside Virginia Corp. Carson 1.47 2,492 1,695 1.79
First NBC Bank Holding Co. New Orleans 1.47 4,214 2,872 1.13
40 Ida Grove Bancshares Inc. Iowa 1.46 4,822 3,293 1.70
Prosperity Bancshares Inc. Houston 1.46 33,880 23,204 1.42
Hometown Banc Corp. Grand Island, Neb. 1.46 3,487 2,394 1.71
East West Bancorp Inc. Pasadena, Calif. 1.46 56,071 38,528 1.07
44 Herky Hawk Financial Corp. Monticello, Iowa 1.45 1,542 1,063 2.06
45 WNB Bancshares Inc. Odessa, Texas 1.41 4,360 3,099 1.61
46 First Financial Banc Corp. El Dorado, Ark. 1.40 5,423 3,885 2.95
47 National Bankshares Inc. Blacksburg, Va. 1.39 4,024 2,904 1.58
48 Weststar Bank Holding Co. Inc. El Paso, Texas 1.38 5,154 3,739 2.34
49 Capital One Financial Corp. McLean, Va. 1.37 1,016,036 740,272 2.06
50 First Citizens Financial Corp. Mason City, Iowa 1.36 4,376 3,221 1.61
51 Citizens Bankshares Inc. Farmington, N.M. 1.35 2,383 1,767 1.60
52 First Illinois Bancorp Inc. East St. Louis 1.33 2,080 1,561 1.49
53 Planters Financial Group Inc. Clarksville, Tenn. 1.32 2,370 1,795 1.58
Citizens Bancshares Inc. Bluffton, Ohio 1.32 2,742 2,079 1.94
55 Heartland Bancorp Inc. Bloomington, Ill. 1.29 7,445 5,767 1.82
CentraBanc Corp. Waco, Texas 1.29 2,198 1,706 1.52
57 Charter Bankshares Inc. Eau Claire, Wis. 1.28 2,142 1,676 1.19
Inwood Bancshares Inc. Dallas 1.28 4,757 3,729 1.44
59 Citco Community Bancshares Inc. Elizabethton, Tenn. 1.27 2,633 2,068 1.76
60 Stockman Financial Corp. Miles City, Mont. 1.26 7,766 6,170 1.58
Bank of the Ozarks Inc. Little Rock, Ark. 1.26 14,630 11,647 1.75
Ames National Corp. Iowa 1.26 3,473 2,767 1.41
63 American State Financial Corp. Lubbock, Texas 1.25 11,932 9,525 1.75
64 Waupaca Bancorp. Inc. Wis. 1.24 3,129 2,533 1.68
65 American National Corp. Omaha, Neb. 1.22 8,276 6,770 1.92
66 Intervest Bancshares Corp. New York 1.21 2,153 1,780 0.42
Cathay General Bancorp El Monte, Calif. 1.21 22,063 18,271 0.82
Peoples Financial Services Corp. Hallstead, Pa. 1.21 1,799 1,492 1.29
69 Republic Bancorp Co. Oak Brook, Ill. 1.20 4,643 3,882 1.25
70 AFNB Holdings Inc. Houston 1.18 2,675 2,267 1.51
Citizens and Northern Corp. Wellsboro, Pa. 1.18 5,541 4,707 1.69
72 Falcon Bancshares Inc. Laredo, Texas 1.16 3,677 3,164 1.71
ServisFirst Bancshares Inc. Birmingham, Ala. 1.16 4,871 4,214 1.05
74 First Security Bancorp Searcy, Ark. 1.15 22,005 19,092 2.37
Home BancShares Inc. Conway, Ark. 1.15 12,716 11,078 1.38
76 Hometown Community Bancorp Inc. Morton, Ill. 1.14 8,212 7,188 1.22
First Financial Bankshares Inc. Abilene, Texas 1.14 16,295 14,309 1.75
78 CBX Corp. Carrollton, Ill. 1.13 2,874 2,554 1.19
Citizens Financial Services Inc. Mansfield, Pa. 1.13 2,830 2,515 1.38
80 Hills Bancorp. Iowa 1.12 6,178 5,505 1.28
81 Nodaway Valley Bancshares Inc. Maryville, Mo. 1.11 2,882 2,603 1.61
82 Hanmi Financial Corp. Los Angeles 1.10 10,437 9,458 1.44
FirstBank Holding Co. Lakewood, Colo. 1.10 40,478 36,739 1.54
Whitcorp Financial Co. Leoti, Kan. 1.10 2,571 2,342 1.59
85 First Keystone Corp. Berwick, Pa. 1.09 2,496 2,283 1.23
Fidelity Holding Co. Minnetonka, Minn. 1.09 1,044 959 1.30
Brookline Bancorp Inc. Mass. 1.09 7,267 6,686 1.02
FMB Bancshares Inc. Lakeland, Ga. 1.09 2,426 2,234 1.58
89 United Community Bancorp Inc. Chatham, Ill. 1.08 3,924 3,619 1.37
Penns Woods Bancorp Inc. Williamsport, Pa. 1.08 2,853 2,632 1.62
First Paragould Bankshares Inc. Ark. 1.08 2,047 1,894 1.26
92 Liberty Bancshares Inc. Springfield, Mo. 1.07 3,928 3,674 1.63
93 Center Bancorp Inc. Union, N.J. 1.05 3,018 2,867 0.98
International Bancshares Corp. Laredo, Texas 1.05 33,521 32,035 1.12
95 First Arkansas Bancshares Inc. Jacksonville, Ark. 1.03 2,986 2,887 1.75
Pinnacle Bancorp Inc. Central City, Neb. 1.03 22,325 21,687 1.48
97 First Bancorp Inc. Damariscotta, Maine 1.02 3,143 3,081 0.89
98 Honat Bancorp Inc. Honesdale, Pa. 1.00 1,724 1,718 1.32
Traditional Bancorp. Inc. Mt. Sterling, Ky. 1.00 2,937 2,949 1.10
Paducah Bank Shares Inc. Ky. 1.00 2,423 2,435 1.85
Independence Bancshares Inc. Owensboro, Ky. 1.00 3,631 3,649 1.45
102 Clayton Bancorp Inc. Knoxville, Tenn. 0.99 2,538 2,557 1.06
103 Talmer Bancorp Inc. Troy, Mich. 0.98 12,426 12,622 3.37
Norwood Financial Corp. Honesdale, Pa. 0.98 1,660 1,701 1.26
105 North Jersey Community Bancorp Inc. Englewood Cliffs, N.J. 0.97 1,543 1,586 1.00
City Holding Co. Cross Lanes, W.Va. 0.97 9,614 9,912 1.44
Cashmere Valley Financial Corp. Cashmere, Wash. 0.97 2,991 3,090 1.08
American Central Bancorp. Inc. Springfield, Ill. 0.97 2,503 2,588 1.60
Oxford Bank Corp. Mich. 0.97 862 892 1.22
110 Nova Financial Holdings Inc. Berwyn, Pa. 0.96 1,952 2,039 1.25
Linco Bancshares Inc. Clayton, Mo. 0.96 2,185 2,286 1.10
112 Northern Bancorp Inc. Woburn, Mass. 0.95 2,003 2,100 1.19
Pinnacle Financial Corp. Elberton, Ga. 0.95 2,017 2,127 1.38
114 Palm Bancorp Palmerton, Pa. 0.94 1,802 1,917 1.06
CVB Financial Corp. Ontario, Calif. 0.94 16,600 17,660 1.02
Carbon County Holding Co. Rawlins, Wyo. 0.94 789 842 1.85
117 First of Long Island Corp. Glen Head, N.Y. 0.93 4,770 5,108 1.11
Nara Bancorp Inc. Los Angeles 0.93 6,746 7,231 0.92
United Bankshares Inc. Charleston, W.Va. 0.93 17,885 19,247 1.01
Tri-County Financial Group Inc. Mendota, Ill. 0.93 6,800 7,339 3.78
QNB Corp. Quakertown, Pa. 0.93 2,211 2,387 1.10
Camden National Corp. Maine 0.93 6,339 6,851 1.09
123 Bar Harbor Bankshares Maine 0.92 2,869 3,108 1.01
Mesaba Bancshares Inc. Grand Rapids, Minn. 0.92 2,235 2,427 1.19
125 Bank of Marin Bancorp Novato, Calif. 0.91 4,509 4,929 1.42
Center Financial Corp. Los Angeles 0.91 4,885 5,349 0.85
Plains Bancorp Inc. Dimmitt, Texas 0.91 3,249 3,561 1.28
County Bancorp Inc. Manitowoc, Wis. 0.91 1,789 1,963 1.07
Planters Holding Co. Indianola, Miss. 0.91 1,996 2,194 1.25
Wood and Huston Bancorp. Inc. Marshall, Mo. 0.91 1,820 2,007 1.51
1st Summit Bancorp of Johnstown Inc. Pa. 0.91 1,742 1,922 1.01
NEB Corp. Fond Du Lac, Wis. 0.91 3,910 4,320 0.96
133 First Bank Corp. Fort Smith, Ark. 0.90 6,152 6,859 1.56
134 Bank of Hawaii Corp. Honolulu 0.89 42,360 47,374 1.30
First Manitowoc Bancorp Inc. Wis. 0.89 2,469 2,776 1.20
136 River Valley Bancorp Inc. Davenport, Iowa 0.88 2,683 3,037 1.29
U.S. Bancorp Minneapolis 0.88 1,046,000 1,190,000 1.36
138 Southern Missouri Bancorp Inc. Poplar Bluff 0.87 1,978 2,282 1.15
139 First Artesia Bancshares Inc. N.M. 0.86 3,126 3,631 1.58
215 Holding Co. Minneapolis 0.86 2,143 2,494 1.46
141 Central Bancorp Inc. Garland, Texas 0.85 5,897 6,911 0.95
Park National Corp. Newark, Ohio 0.85 21,378 25,064 1.18
Fremont Bancorp. Calif. 0.85 11,702 13,791 1.91
144 PNC Financial Services Group Inc. Pittsburgh 0.84 837,547 991,485 1.27
145 First Farmers Financial Corp. Converse, Ind. 0.83 2,559 3,072 1.21
Valley National Bancorp Wayne, N.J. 0.83 36,585 44,125 1.03
147 Integrity Bancshares Inc. Camp Hill, Pa. 0.82 1,152 1,400 0.85
Coppermark Bancshares Inc. Oklahoma City 0.82 3,395 4,134 1.10
First New Mexico Financial Corp. Deming 0.82 1,048 1,280 1.15
Midland Financial Corp. Casper, N.Y. 0.82 1,876 2,295 1.45
Security National Corp. Omaha, Neb. 0.82 2,535 3,104 1.60
152 Farmers and Merchants Bancorp Lodi, Calif. 0.81 6,125 7,535 1.32
Guaranty Bancshares Inc. Mt. Pleasant, Texas 0.81 3,030 3,746 1.24
Enterprise Financial Services Corp. Clayton, Mo. 0.81 7,079 8,763 0.98
155 Orange County Bancorp Inc. Middletown, N.Y. 0.80 1,722 2,142 1.18
Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 0.80 1,853 2,314 1.22
157 First Guaranty Bancshares Inc. Hammond, La. 0.79 2,396 3,016 0.83
Merchants Bancorp Inc. Hillsboro, Ohio 0.79 1,468 1,849 1.01
Orrstown Financial Services Inc. Shippensburg, Pa. 0.79 3,827 4,832 1.01
Banterra Corp. Eldorado, Ill. 0.79 3,617 4,594 1.32
ESB Bancorp MHC East Hampton, Mass. 0.79 2,014 2,563 0.91
Penseco Financial Services Corp. Scranton, Pa. 0.79 2,769 3,525 1.21
163 Cardinal Financial Corp. McLean, Va. 0.78 5,221 6,653 1.02
Auburn National Bancorp. Inc. Ala. 0.78 1,549 1,985 0.80
Ironhorse Financial Group Inc. Muskogee, Okla. 0.78 4,172 5,374 1.84
Northstar Financial Corp. Denton, Texas 0.78 2,578 3,323 1.21
M&T Bank Corp. Buffalo, N.Y. 0.78 206,273 266,090 1.21
168 North Texas Bancshares Inc. Dallas 0.77 1,267 1,637 0.61
American Express Co. New York 0.77 1,177,000 1,522,000 3.26
Community Trust Bancorp Inc. Pikeville, Ky. 0.77 9,304 12,084 1.09
First Bancorp Inc. Lebanon, Va. 0.77 2,929 3,818 1.00
First Financial Corp. Terra Haute, Ind. 0.77 8,803 11,475 1.42
Security National Corp. Dakota Dunes, S.D. 0.77 3,390 4,424 1.23
174 Cummins-American Corp. Glenview, Ill. 0.76 2,797 3,677 0.99
Bond Street Holdings Inc. Miami 0.76 5,512 7,291 0.78
176 LCNB Corp. Lebanon, Ohio 0.75 2,303 3,052 1.20
Lakeland Financial Corp. Warsaw, Ind. 0.75 5,965 7,907 0.89
CNB Financial Corp. Clearfield, Pa. 0.75 3,277 4,356 0.91
Mid Illinois Bancorp Inc. Peoria 0.75 1,597 2,126 0.99
Sunflower Financial Inc. Salina, Kan. 0.75 5,275 7,026 1.24
First Citizens Bancshares Inc. Waxahachie, Texas 0.75 2,121 2,829 1.64
First York Ban Corp. Neb. 0.75 3,538 4,726 1.47
Apple Financial Holdings Inc. New York 0.75 10,093 13,511 0.61
Virginia Commerce Bancorp Inc. Arlington 0.75 4,966 6,659 0.72
Solvay Bank Corp. N.Y. 0.75 1,617 2,170 1.11
186 FirstPerryton Bancorp Inc. Texas 0.74 2,106 2,840 1.11
RCB Holding Co. Inc. Claremore, Okla. 0.74 5,857 7,912 1.22
Choice Financial Holdings Inc. Grafton, N.D. 0.74 1,508 2,038 1.01
First Busey Corp. Champaign, Ill. 0.74 9,110 12,319 1.02
Longview Financial Corp. Texas 0.74 3,817 5,166 1.16
Bank of Kentucky Financial Corp. Crestview Hills 0.74 3,512 4,754 0.85
MetLife Inc. New York 0.74 1,087,460 1,474,760 0.59
Diamond Bancorp Inc. Washington, Mo. 0.74 1,524 2,073 0.78
194 First Citizens Bancshares Inc. Dyersburg, Tenn. 0.73 2,995 4,084 1.24
Arrow Financial Corp. Glen Falls, N.Y. 0.73 5,281 7,202 1.10
Starion Bancorp. Bismarck, N.D. 0.73 2,378 3,255 1.20
Pacific Capital Bancorp Santa Barbara, Calif. 0.73 16,760 22,947 1.12
Summit Bancorp Inc. Arkadelphia 0.73 2,992 4,118 1.10
199 Sabine Bancshares Inc. Many, La. 0.72 2,620 3,640 1.49
Neighbor Insurance Agency Inc. Marion, Iowa 0.72 1,887 2,623 1.28

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 July 29, 2011.

Source:

SNL Financial
, Charlottesville, Va.
© 2011 American Banker