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 the Highest Multiples of Net Income to Salary, BenefitsOn Sept. 30, 2010. Dollars in thousands
Published February 7, 2011

Rank   Multiple Net income Salary
and benefits
Return on
average assets
1 Briscoe Ranch Inc. Uvalde, Texas 10.19 $17,419 $1,709 9.26%
2 NRBC Holding Corp. Chicago 7.32 7,805 1,066 2.45
3 Lauritzen Corp. Omaha, Neb. 7.01 56,588 8,067 14.80
4 SBT Bancshares Inc. Dallas 6.29 4,036 642 2.58
5 Community and Southern Holdings Inc. Carrollton, Ga. 5.62 42,488 7,557 6.48
6 Popular Inc. Hato Rey, Puerto Rico 3.51 495,000 141,000 4.92
7 Rockhold Bancorp Kirksville, Mo. 3.49 2,810 806 2.27
8 JJR Holding Co. Inc. Brick, N.J. 2.79 4,664 1,671 3.53
9 Orient Bancorp. San Francisco 2.45 5,803 2,366 3.54
10 Taylor Capital Group Inc. Rosemont, Ill. 2.42 33,414 13,806 3.01
11 BCB Bancorp Inc. Bayonne, N.J. 2.41 8,734 3,626 3.01
12 First National Bancshares Inc. Goodland, Kan. 2.40 2,860 1,190 4.31
13 Chinatrust Capital Corp. Torrance, Calif. 2.38 12,664 5,327 2.88
14 Washington Banking Co. Oak Harbor 2.07 13,687 6,610 3.39
15 Weststar Bank Holding Co. Inc. El Paso, Texas 2.06 5,339 2,591 2.47
16 RCB Holding Co. Inc. Claremore, Okla. 2.00 15,278 7,633 3.14
17 United National Corp. Sioux Falls, S.D. 1.97 74,079 37,599 16.79
18 United Community Bancorp Inc. Chatham, Ill. 1.94 6,968 3,583 2.44
19 Bank of the Ozarks Inc. Little Rock, Ark. 1.92 20,225 10,539 2.62
Fidelity Holding Co. Minnetonka, Minn. 1.92 2,135 1,114 2.10
21 Ambank Co. Inc. Sioux Center, Iowa 1.87 3,926 2,103 2.15
22 New York Community Bancorp Inc. Westbury 1.86 135,608 72,876 1.31
23 Capitol Bancorp. Inc. Britton, S.D. 1.85 3,591 1,938 2.22
24 Bank of Southside Virginia Corp. Carson 1.78 2,896 1,628 2.11
25 Independent Bank Group Inc. McKinney, Texas 1.74 7,034 4,053 2.91
26 Olney Bancshares of Texas Inc. 1.73 7,671 4,438 1.88
Inwood Bancshares Inc. Dallas 1.73 5,626 3,261 1.70
28 Guaranty Bancshares Inc. Mount Pleasant, Texas 1.65 5,605 3,391 2.43
WNB Bancshares Inc. Odessa, Texas 1.65 4,717 2,861 1.84
30 Citizens Bankshares Inc. Farmington, N.M. 1.60 2,864 1,790 1.96
31 Heartland Bancorp Inc. Bloomington, Ill. 1.58 9,689 6,127 2.34
32 Parke Bancorp Inc. Sewell, N.J. 1.57 1,828 1,163 1.07
33 Amarillo National Bancorp Inc. Texas 1.55 17,299 11,137 2.55
Manhattan Banking Corp. Kan. 1.55 2,929 1,890 1.70
35 Industry Bancshares Inc. Texas 1.53 5,380 3,509 1.69
Westamerica Bancorp. San Rafael, Calif. 1.53 23,709 15,481 1.96
37 National Bankshares Inc. Blacksburg, Va. 1.48 3,997 2,695 1.61
38 Prosperity Bancshares Inc. Houston 1.46 32,166 22,016 1.36
39 Amboy Bancorp. Old Bridge, N.J. 1.42 4,947 3,479 0.79
Citizens Bancshares Inc. Bluffton, Ohio 1.42 2,854 2,014 2.08
41 Charter Bankshares Inc. Eau Claire, Wis. 1.41 2,180 1,551 1.18
42 New York Private Bank and Trust Corp. 1.40 41,254 29,379 1.33
Pinnacle Bancorp Inc. Central City, Neb. 1.40 28,954 20,622 2.02
West Bancorp. Inc. West Des Moines, Iowa 1.40 3,941 2,813 1.04
45 Hometown Banc Corp Grand Island, Neb. 1.39 3,516 2,532 1.92
46 First Paragould Bankshares Inc. Ark. 1.37 2,482 1,809 1.50
47 Franklin Resources Inc. San Mateo, Calif. 1.35 372,906 275,300 14.21
ServisFirst Bancshares Inc. Birmingham, Ala. 1.35 4,799 3,547 1.11
49 Waupaca Bancorp. Inc. Wis. 1.34 3,001 2,242 1.66
Discover Financial Services Riverwoods, Ill. 1.34 278,657 208,262 1.83
51 Ames National Corp. Iowa 1.32 3,551 2,692 1.56
52 First Citizens Financial Corp. Mason City, Iowa 1.30 4,360 3,358 1.62
53 First Trust Corp. New Orleans 1.28 6,974 5,440 2.86
American National Corp. Omaha, Neb. 1.28 8,650 6,759 2.04
First Financial Banc Corp. El Dorado, Ark. 1.28 4,657 3,645 2.76
56 CIT Group Inc. New York 1.27 178,846 140,411 1.33
57 Capital One Financial Corp. McLean, Va. 1.25 802,509 644,525 1.64
58 Plains Bancorp Inc. Dimmitt, Texas 1.24 4,143 3,343 1.79
59 First Financial Bankshares Inc. Abilene, Texas 1.23 16,229 13,194 1.97
60 Center Financial Corp. Los Angeles 1.21 5,964 4,913 1.05
Planters Holding Co. Indianola, Miss. 1.21 2,381 1,967 1.57
62 East West Bancorp Inc. Pasadena, Calif. 1.20 46,951 39,197 0.93
Cathay General Bancorp El Monte, Calif. 1.20 17,272 14,436 0.61
64 Nodaway Valley Bancshares Inc. Maryville, Mo. 1.19 2,901 2,431 1.67
Citizens Financial Services Inc. Mansfield, Pa. 1.19 2,897 2,437 1.49
66 Penns Woods Bancorp Inc. Williamsport, Pa. 1.17 2,848 2,427 1.60
Renasant Corp. Tupelo, Miss. 1.17 19,551 16,694 1.84
First Security Bancorp Searcy, Ark. 1.17 19,541 16,693 2.27
CentraBanc Corp. Waco, Texas 1.16 1,948 1,673 1.31
70 Stockman Financial Corp. Miles City, Mont. 1.15 7,662 6,639 1.60
CBX Corp. Carrollton, Ill. 1.15 2,779 2,416 1.23
72 PNC Financial Services Group Inc. Pittsburgh 1.14 1,101,529 962,775 1.66
Norwood Financial Corp. Honesdale, Pa. 1.14 1,890 1,656 1.41
74 First Southern Bancorp Inc. Stanford, Ky. 1.12 3,152 2,803 1.87
Citizens and Northern Corp. Wellsboro, Pa. 1.12 4,864 4,334 1.48
76 Virginia Commerce Bancorp Inc. Arlington 1.11 6,958 6,254 0.98
Hyde Park Bancorp MHC Mass. 1.11 1,957 1,769 0.89
78 Henderson Citizens Bancshares Inc. Texas 1.10 4,860 4,404 2.25
79 First Keystone Corp. Berwick, Pa. 1.09 2,491 2,281 1.20
Hills Bancorp. Iowa 1.09 6,033 5,530 1.30
81 First Illinois Bancorp Inc. East St. Louis 1.08 1,690 1,565 1.18
82 Camden National Corp. Maine 1.07 7,441 6,948 1.30
Traditional Bancorp. Inc. Mount Sterling, Ky. 1.07 2,949 2,763 1.15
Whitcorp Financial Co. Leoti, Kan. 1.07 2,344 2,197 1.55
85 Coastal Affiliates MHC Hyannis, Mass. 1.06 1,769 1,662 1.22
F&M Financial Corp. Clarksville, Tenn. 1.06 1,141 1,078 0.56
Midland Financial Corp. Casper, Wyo. 1.06 2,253 2,131 1.85
88 S&T Bancorp Inc. Indiana, Pa. 1.05 12,482 11,887 1.22
NEB Corp. Fond Du Lac, Wis. 1.05 4,523 4,311 1.22
Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 1.05 2,055 1,959 1.44
91 FirstBank Holding Co. Lakewood, Colo. 1.04 37,764 36,153 1.48
International Bancshares Corp. Laredo, Texas 1.04 33,549 32,379 1.21
CVB Financial Corp. Ontario, Calif. 1.04 17,928 17,310 1.06
94 First Bancorp Inc. Damariscotta, Maine 1.03 3,195 3,105 0.93
Magnolia Banking Corp. Ark. 1.03 2,203 2,141 1.34
First NBC Bank Holding Co. New Orleans 1.03 2,943 2,866 0.92
97 Southside Bancshares Inc. Tyler, Texas 1.01 11,048 10,891 1.50
Hometown Community Bancorp Inc. Morton, Ill. 1.01 6,926 6,867 1.06
Clayton Bancorp Inc. Knoxville, Tenn. 1.01 2,459 2,442 1.07
100 Gorham Bancorp MHC Maine 1.00 3,452 3,435 1.48
Watford City Bancshares Inc. N.D. 1.00 4,194 4,215 1.76
102 Home BancShares Inc. Conway, Ark. 0.99 9,560 9,637 1.16
103 First Breckinridge Bancshares Inc. Irvington, Ky. 0.97 2,034 2,092 1.26
Choice Financial Holdings Inc. Grafton, N.D. 0.97 1,947 2,005 1.35
First Guaranty Bancshares Inc. Hammond, La. 0.97 2,866 2,961 1.10
Cummins-American Corp. Glenview, Ill. 0.97 3,459 3,581 1.24
107 FirstPerryton Bancorp Inc. Texas 0.96 2,681 2,782 1.53
Penseco Financial Services Corp. Scranton, Pa. 0.96 3,044 3,177 1.37
Bar Harbor Bankshares Maine 0.96 2,870 3,001 1.05
110 Independence Bancshares Inc. Owensboro, Ky. 0.94 3,369 3,580 1.39
Ida Grove Bancshares Inc. Iowa 0.94 3,038 3,232 1.11
112 Orange County Bancorp Inc. Middletown, N.Y. 0.93 1,787 1,914 1.25
Republic Bancorp Co. Oak Brook, Ill. 0.93 3,493 3,750 0.98
Bank of Hawaii Corp. Honolulu 0.93 44,064 47,331 1.38
Neighbor Insurance Agency Inc. Marion, Iowa 0.93 2,245 2,425 1.57
116 Orrstown Financial Services Inc. Shippensburg, Pa. 0.92 4,896 5,296 1.38
United Bankshares Inc. Charleston, W.Va. 0.92 17,316 18,741 0.92
City Holding Co. Charleston, W.Va. 0.92 9,023 9,817 1.36
Falcon Bancshares Inc. Laredo, Texas 0.92 2,969 3,231 1.35
Apple Financial Holdings Inc. New York 0.92 12,079 13,145 0.70
121 First New Mexico Financial Corp. Deming 0.91 1,161 1,269 1.22
First Manitowoc Bancorp Inc. Wis. 0.91 2,321 2,546 1.15
123 Northern Bancorp Inc. Woburn, Mass. 0.90 1,817 2,012 1.15
Citco Community Bancshares Inc. Elizabethton, Tenn. 0.90 1,722 1,914 1.16
1st Summit Bancorp of Johnstown Inc. Pa. 0.90 1,680 1,874 1.02
126 Lakeside Bancorp Inc. Chicago 0.89 1,811 2,027 0.67
Mid Illinois Bancorp Inc. Peoria 0.89 1,827 2,053 1.18
First of Long Island Corp. Glen Head, N.Y. 0.89 4,705 5,292 1.15
129 Central Bancorp Inc. Garland, Texas 0.88 5,514 6,257 0.85
Lakeland Financial Corp. Warsaw, Ind. 0.88 6,521 7,417 0.98
Pacific Premier Bancorp Inc. Costa Mesa, Calif. 0.88 1,845 2,099 0.92
Starion Bancorp. Bismarck, N.D. 0.88 2,568 2,923 1.37
United Bank Corp. Zebulon, Ga. 0.88 3,983 4,540 1.68
Merchants Bancshares Inc. South Burlington, Vt. 0.88 4,502 5,140 1.25
135 Longview Financial Corp. Texas 0.87 4,024 4,626 1.25
136 Merchants Bancorp Inc. Hillsboro, Ohio 0.85 1,531 1,792 1.09
Armed Forces Benefit Association Alexandria, Va. 0.85 5,037 5,901 3.69
Citizens National Bancorp Inc. Athens, Tenn. 0.85 1,595 1,871 1.15
Banterra Corp Eldorado, Ill. 0.85 3,579 4,206 1.34
Blackhawk Bancorp. Inc. Milan, Ill. 0.85 2,050 2,413 0.97
Southeast Bancshares Inc. Chanute, Kan. 0.85 816 964 1.21
Cashmere Valley Financial Corp. Cashmere, Wash. 0.85 2,601 3,076 0.96
143 American Bancorp. Inc. Sapulpa, Okla. 0.84 2,290 2,714 1.34
144 American State Financial Corp. Lubbock, Texas 0.83 8,685 10,407 1.39
AFNB Holdings Inc. Houston 0.83 1,881 2,255 1.04
Palm Bancorp Palmerton, Pa. 0.83 1,576 1,902 0.94
Security National Corp. Omaha, Neb. 0.83 2,479 2,993 1.47
Citizens National Banc Corp. Meridian, Miss. 0.83 3,774 4,566 1.27
149 Independent Alliance Banks Inc. Fort Wayne, Ind. 0.82 2,559 3,112 1.12
First Dakota Financial Corp. Yankton, S.D. 0.82 2,927 3,582 1.55
151 Liberty Bancshares Inc Springfield, Mo. 0.81 3,115 3,829 1.29
N W Services Corp. Ringgold, Ga. 0.81 1,914 2,355 1.39
Stearns Financial Services Inc. St. Cloud, Minn. 0.81 4,190 5,160 1.29
Jefferson Bancshares Inc. San Antonio 0.81 3,436 4,232 1.85
Security National Corp. Dakota Dunes, S.D. 0.81 3,547 4,386 1.32
Carbon County Holding Co. Rawlins, Wyo. 0.81 760 940 1.82
American Express Co. New York 0.81 1,093,165 1,353,120 3.07
158 Citizens Bancorp Investment Inc. Lafayette, Tenn. 0.80 1,522 1,892 1.10
Intrust Financial Corp. Wichita, Kan. 0.80 11,527 14,420 1.27
Park National Corp. Newark, Ohio 0.80 19,577 24,500 1.11
161 U.S. Bancorp Minneapolis, Minn. 0.79 908,000 1,145,000 1.27
Center Bancorp Inc. Union, N.J. 0.79 2,139 2,722 0.72
163 CCFNB Bancorp Inc. Bloomsburg, Pa. 0.78 1,686 2,152 1.11
Coppermark Bancshares Inc. Oklahoma City 0.78 3,388 4,325 1.12
Arrow Financial Corp. Glens Falls, N.Y. 0.78 5,575 7,120 1.19
Farmers and Merchants Bancorp Lodi, Calif. 0.78 6,209 7,942 1.40
M&T Bank Corp. Buffalo, N.Y. 0.78 192,015 246,389 1.13
Farmers and Merchants Bancorp Inc. Archbold, Ohio 0.78 2,199 2,824 1.00
First Artesia Bancshares Inc. N.M. 0.78 2,970 3,821 1.52
Ironhorse Financial Group Inc. Muskogee, Okla. 0.78 4,237 5,452 1.91
171 Nara Bancorp Inc. Los Angeles 0.77 5,101 6,589 0.69
215 Holding Co. Minneapolis, Minn. 0.77 1,388 1,801 1.28
173 First Bancorp Inc. Lebanon, Va. 0.76 3,059 4,003 1.05
First Community Bancshares Inc. Bluefield, Va. 0.76 6,555 8,605 1.15
Commercial Holding Co. Paris, Tenn. 0.76 1,938 2,550 1.26
First Internet Bancorp Indianapolis 0.76 1,006 1,327 0.83
Provident Financial Services Inc. Jersey City, N.J. 0.76 13,463 17,765 0.80
New Mexico Banquest Corp. Santa Fe 0.76 2,217 2,926 1.25
179 Cullen/Frost Bankers Inc. San Antonio 0.75 54,995 73,109 1.27
Valley National Bancorp Wayne, N.J. 0.75 32,639 43,567 0.93
Community Bank System Inc. DeWitt, N.Y. 0.75 17,262 23,056 1.27
First Bankers Trustshares Inc. Quincy, Ill. 0.75 1,918 2,568 1.15
CNB Financial Corp. Clearfield, Pa. 0.75 3,106 4,167 0.92
184 Harleysville Savings Financial Corp. Pa. 0.74 1,318 1,772 0.61
Herring Bancorp Inc. Amarillo, Texas 0.74 2,409 3,246 1.85
Jeff Davis Bancshares Inc. Jennings, La. 0.74 1,627 2,203 1.28
187 Summit Bancorp Inc. Arkadelphia, Ark. 0.73 2,998 4,079 1.05
Diamond Bancorp Inc Washington, Mo. 0.73 1,459 1,990 0.74
Community Trust Bancorp Inc. Pikeville, Ky. 0.73 8,450 11,560 1.05
S.Y. Bancorp Inc. Louisville, Ky. 0.73 6,364 8,711 1.36
Reliable Community Bancshares Inc. Perryville, Mo. 0.73 2,274 3,114 1.14
192 First Community Bancshares Inc. Batesville, Ark. 0.72 1,656 2,292 0.96
Bank of Marin Bancorp Novato, Calif. 0.72 3,359 4,665 1.11
Machias Bancorp MHC Maine 0.72 2,351 3,269 0.98
First Farmers Financial Corp. Converse, Ind. 0.72 2,051 2,854 1.00
196 Eagle Bancorp Inc. Bethesda, Md. 0.71 4,666 6,549 0.95
Independent Holdings Inc. Memphis, Tenn. 0.71 1,892 2,672 0.96
Security Bancorp of Tennessee Inc. Halls 0.71 1,256 1,776 1.31
First Arkansas Bancshares Inc. Jacksonville 0.71 1,825 2,587 1.13
Farmers Bancorp Inc. Blytheville, Ark. 0.71 1,181 1,675 1.26

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 Jan. 27, 2011.

Source:

SNL Financial
, Charlottesville, Va.
© 2011 American Banker