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

October 22, 2013, 7:56 p.m. EDT 1 Min Read

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Banking Companies with the Highest Multiples of Net Income to Salary, BenefitsYear to date through March 31, 2013. Dollars in thousands Published October 22, 2013
Rank		Multiple	Net income	Salary and benefits	Return on average assets
1	Workers United New York	22.02	$4,712	$214	-3.24%
2	Beal Financial Corp. Plano, Texas	10.82	151,077	13,957	6.47
3	Briscoe Ranch Inc. Uvalde, Texas	9.99	19,580	1,959	6.17
4	Central Pacific Financial Corp. Honolulu	7.41	137,309	18,535	12.27
5	Lauritzen Corp. Omaha, Neb.	4.91	48,417	9,862	11.25
6	Silver Queen Financial Services Inc. Greenwood Village, Colo.	4.49	3,560	792	0.78
7	First Baird Bancshares Inc. Bedford, Texas	4.08	1,109	272	0.77
8	Ally Financial Inc. Detroit	3.84	1,093,000	285,000	0.14
9	SBT Bancshares Inc. Dallas	3.56	3,360	945	2.87
10	NRBC Holding Corp. Chicago	3.16	4,560	1,444	1.58
11	Stearns Financial Services Inc. St. Cloud, Minn.	3.15	15,026	4,766	3.80
12	Luther Burbank Corp. Santa Rosa, Calif.	2.99	17,119	5,719	1.88
13	Clayton Bancorp Inc. Knoxville, Tenn.	2.88	8,663	3,013	3.43
14	Discover Financial Services Riverwoods, Ill.	2.27	672,815	295,834	3.60
15	United National Corp. Sioux Falls, S.D.	2.26	74,146	32,868	14.41
16	Capitol Bancorp. Inc. Britton, S.D.	2.20	4,461	2,026	2.38
17	Rockhold Bancorp Kirksville, Mo.	2.17	1,632	753	1.21
18	Olney Bancshares of Texas Inc.	2.14	12,223	5,716	2.45
19	Amboy Bancorp. Old Bridge, N.J.	2.08	9,378	4,509	1.70
20	Educational Services of America Inc. Knoxville, Tenn.	2.05	5,814	2,840	1.08
21	Brotherhood Bancshares Inc. Kansas City, Kan.	2.04	4,498	2,203	3.18
22	Pedcor Capital LLC Carmel, Ind.	1.96	3,000	1,530	4.12
23	Industry Bancshares Inc. Texas	1.85	9,582	5,193	1.72
24	Lakeside Bancorp Inc. Chicago	1.84	4,507	2,454	1.63
25	Malaga Financial Corp. Palos Verdes Estates, Calif.	1.83	2,704	1,478	1.28
26	Villages Bancorp. Inc. The Villages, Fla.	1.80	4,404	2,447	1.14
27	Fremont Bancorp. Calif.	1.79	35,886	20,002	5.66
28	Intervest Bancshares Corp. New York	1.77	3,891	2,204	0.95
29	First-West Texas Bancshares Inc. Midland	1.74	3,527	2,027	1.62
30	Fidelity Holding Co. Minnetonka, Minn.	1.72	2,028	1,181	1.74
31	Charter Bankshares Inc. Eau Claire, Wis.	1.71	3,418	2,000	1.88
32	Amarillo National Bancorp Inc. Texas	1.70	20,033	11,757	2.27
33	WNB Bancshares Inc. Odessa, Texas	1.68	6,077	3,614	1.74
34	Ambank Co. Inc. Sioux Center, Iowa	1.64	4,610	2,817	2.06
35	Santander Holdings USA Inc. Boston	1.63	285,498	174,740	1.36
	ServisFirst Bancshares Inc. Birmingham, Ala.	1.63	9,251	5,679	1.28
37	Citizens Bankshares Inc. Farmington, N.M.	1.61	2,755	1,708	1.55
	Franklin Resources Inc. San Mateo, Calif.	1.61	572,838	355,130	15.82
39	Heritage Group Inc. Wood River, Neb.	1.60	2,293	1,431	1.56
	Washington Federal Inc. Seattle	1.60	35,978	22,500	1.10
41	East West Bancorp Inc. Pasadena, Calif.	1.57	72,091	45,843	1.26
	Heartland Bancorp Inc. Bloomington, Ill.	1.57	16,561	10,573	2.25
43	Barclays Delaware Holdings LLC Wilmington	1.55	63,665	40,944	1.32
	FCT Bancshares Inc. Waco, Texas	1.55	2,823	1,823	1.63
45	Midland Financial Co. Oklahoma City	1.53	69,905	45,553	2.75
46	Hudson City Bancorp Inc. Paramus, N.J.	1.52	47,931	31,601	0.47
47	Choice Financial Holdings Inc. Grafton, N.D.	1.51	3,555	2,362	2.16
48	Stockman Financial Corp. Miles City, Mont.	1.50	11,812	7,866	1.97
49	John Deere Capital Corp. Reno, Nev.	1.49	103,450	69,532	1.46
50	Prosperity Bancshares Inc. Houston	1.48	49,305	33,209	1.33
51	Capitol Federal Financial Inc. Topeka, Kan.	1.47	17,715	12,047	0.76
	First Community Holdings Santa Rosa, Calif.	1.47	2,821	1,915	1.76
53	First Financial Banc Corp. El Dorado, Ark.	1.46	6,569	4,499	3.16
54	National Consumer Cooperative Bank Washington, D.C.	1.45	15,229	10,536	3.51
55	Oritani Financial Corp. Township of Washington, N.J.	1.44	9,888	6,886	1.41
56	First NBC Bank Holding Co. New Orleans	1.43	8,284	5,806	1.21
	Magnolia Banking Corp. Ark.	1.43	3,850	2,693	1.99
	Manhattan Banking Corp. Kan.	1.43	4,959	3,473	2.07
	National Bankshares Inc. Blacksburg, Va.	1.43	4,216	2,941	1.53
	The Bank of Southside Virginia Corp. Carson	1.43	2,368	1,660	1.65
61	New York Community Bancorp Inc. Westbury	1.42	118,675	83,506	1.07
	United Community Bancorp Inc. Chatham, Ill.	1.42	5,798	4,078	1.81
63	Center Bancorp Inc. Union, N.J.	1.41	4,924	3,490	1.22
64	BOFI Holdings Inc. San Diego	1.40	10,402	7,416	1.43
65	Putnam Bancshares Inc. Hurricane, W.Va.	1.37	1,218	886	0.80
66	First Security Bancorp Searcy, Ark.	1.36	27,189	19,928	2.43
67	Blackhawk Bancorp. Inc. Milan, Ill.	1.35	3,599	2,658	1.28
	Home BancShares Inc. Conway, Ark.	1.35	17,548	12,952	1.66
69	Nodaway Valley Bancshares Inc. Maryville, Mo.	1.34	3,724	2,775	1.81
70	Sterling Bancorp Inc. Southfield, Mich.	1.33	3,010	2,269	1.37
71	Wilshire Bancorp Inc. Los Angeles	1.32	11,589	8,780	1.68
72	First Bemidji Holding Co. Minn.	1.31	2,122	1,623	1.44
73	Parke Bancorp Inc. Swell, N.J.	1.29	2,137	1,658	1.12
	Traditional Bancorp. Inc. Mount Sterling, Ky.	1.29	4,208	3,252	1.56
	Waupaca Bancorp. Inc. Wis.	1.29	3,293	2,548	1.61
76	IMB Holdco LLC Pasadena, Calif.	1.28	99,816	78,089	1.55
	Inwood Bancshares Inc. Dallas	1.28	5,555	4,349	1.47
78	Bank of the Ozarks Inc. Little Rock, Ark.	1.27	20,000	15,694	2.04
79	Cathay General Bancorp El Monte, Calif.	1.26	28,847	22,853	1.09
	Peoples Financial Services Corp. Hallstead, Pa.	1.26	2,280	1,809	1.35
	WestStar Bank Holding Co. Inc. El Paso, Texas	1.26	5,447	4,329	2.12
82	CVB Financial Corp. Ontario, Calif.	1.25	21,615	17,300	1.37
83	First Arkansas Bancshares Inc. Jacksonville	1.24	4,505	3,642	2.66
84	Ida Grove Bancshares Inc. Iowa	1.23	4,657	3,796	1.52
85	First Financial Bankshares Inc. Abilene, Texas	1.22	18,577	15,255	1.66
	First Illinois Bancorp Inc. East St. Louis	1.22	1,780	1,465	1.29
87	Penns Wood Bancorp Inc. Jersey Shore, Pa.	1.20	3,684	3,068	1.72
	Sunwest Bancorp Inc. Tustin, Calif.	1.20	4,350	3,612	2.65
	Westamerica Bancorp. San Rafael, Calif.	1.20	17,271	14,403	1.40
90	Talmer Bancorp Inc. Troy, Mich.	1.18	62,428	52,980	6.93
91	Centrabanc Corp. Waco, Texas	1.17	2,221	1,891	1.35
	Citizens Financial Services Inc. Mansfield, Pa.	1.17	3,287	2,805	1.49
93	CIT Group Inc. New York	1.16	162,613	140,206	1.47
94	Citizens Bancshares Inc. Bluffton, Ohio	1.15	2,807	2,450	1.70
	FCB Financial Corp. Savannah, Ga.	1.15	1,407	1,220	1.24
	General Electric Capital Corp. Norwalk, Conn.	1.15	1,818,240	1,582,797	1.42
	Hills Bancorp. Iowa	1.15	6,810	5,898	1.29
	Pinnacle Bancorp Inc. Central City, Neb.	1.15	28,973	25,090	1.58
99	Security Star Bancshares Inc. Odessa, Texas	1.14	3,894	3,423	2.02
100	BankUnited Inc. Miami Lakes, Fla.	1.12	48,226	42,926	1.54
	Trustco Bank Corp NY Glenville	1.12	9,168	8,178	0.84
102	Ames National Corp. Iowa	1.11	3,586	3,222	1.16
	Hometown Banc Corp Grand Island, Neb.	1.11	3,550	3,196	1.28
104	Planters Financial Group Inc. Hopkinsville, Tenn.	1.10	2,680	2,427	1.45
	University Financial Corp. Inc. dba Sunrise Community Banks St. Paul, Minn.	1.10	4,572	4,169	2.12
106	American Central Bancorp. Inc. Mount Zion, Ill.	1.08	3,277	3,027	1.89
107	First Paragould Bankshares Inc. Ark.	1.07	2,345	2,200	1.30
	United States Automobile Association San Antonio	1.07	933,649	869,839	3.17
109	Lakeland Financial Corp. Warsaw, Ind.	1.06	9,246	8,726	1.23
110	BBCN Bancorp Inc. Los Angeles	1.05	17,460	16,550	1.22
	Dime Community Bancshares Inc. New York	1.05	10,570	10,056	1.07
	Hanmi Financial Corp. Los Angeles	1.05	10,110	9,639	1.43
	Pacific City Financial Corp. Los Angeles	1.05	3,211	3,061	2.03
114	Norwood Financial Corp., Honesdale, Pa.	1.04	2,308	2,211	1.36
	Sword Financial Corp. Horicon, Wis.	1.04	2,422	2,324	1.81
	Urban Trust Holdings Inc. Lake Mary, Fla.	1.04	2,650	2,552	1.76
	Whitcorp Financial Co. Garden City, Kan.	1.04	2,408	2,307	1.37
118	American National Corp. Omaha, Neb.	1.03	10,504	10,236	1.69
	CBX Corp. Carrollton, Ill.	1.03	3,349	3,265	1.22
	Paducah Bank Shares Inc. Ky.	1.03	2,470	2,389	1.80
	U.S. Bancorp Minneapolis	1.03	1,428,000	1,392,000	1.61
122	Eagle Bancorp Inc. Bethesda, Md.	1.02	11,368	11,200	1.35
	Independence Bancshares Inc. Owensboro, Ky.	1.02	4,399	4,322	1.40
124	First Bancorp. Of Durango Inc. Inverness, Ill.	1.01	1,915	1,892	1.33
	Republic Bancorp Co. Orland Park, Ill.	1.01	4,178	4,139	1.27
126	AFNB Holdings Inc. Houston	1.00	3,253	3,267	1.47
	Hometown Community Bancorp Inc. Morton, Ill.	1.00	7,661	7,623	1.12
	Texas Capital Bancshares Inc. Dallas	1.00	33,143	33,201	1.29
	The First of Long Island Corp. Glen Head, N.Y.	1.00	5,639	5,613	1.06
130	1st Summit Bancorp of Johnstown Inc. Pa.	0.99	2,253	2,275	1.09
	West Bancorp. Inc. West Des Moines, Iowa	0.99	3,948	3,969	1.09
132	American Bank Holding Corp. Corpus Christi, Texas	0.98	5,241	5,373	1.83
	First Citizens Financial Corp. Mason City, Iowa	0.98	3,711	3,787	1.25
	First Farmers Financial Corp. Converse, Ind.	0.98	4,067	4,151	1.42
135	Citizens and Northern Corp. Wellsboro, Pa.	0.97	4,706	4,855	1.49
	Customers Bancorp Inc. Wyomissing, Pa.	0.97	7,189	7,397	0.86
	First Bancorp Inc. Lebanon, Va.	0.97	4,506	4,653	1.41
	First Manitowoc Bancorp Inc. Wis.	0.97	3,018	3,127	1.21
	Franklin Financial Corp. Glen Allen, Va.	0.97	2,714	2,794	1.03
	Northern Bancorp Inc. Woburn, Mass.	0.97	2,731	2,824	1.22
	Southern Missouri Bancorp Inc. Poplar Bluff	0.97	2,466	2,538	1.26
142	American National Bankshares Inc. Danville, Va.	0.96	4,151	4,338	1.29
	NEB Corp. Fond du Lac, Wis.	0.96	4,272	4,466	1.06
144	Cashmere Valley Financial Corp. Cashmere, Wash.	0.95	2,982	3,138	0.95
	Leackco Bank Holding Co. Inc. Wolsey, S.D.	0.95	1,947	2,057	1.35
	United Bankshares Inc. Charleston, W.Va.	0.95	21,578	22,597	1.03
147	ConnectOne Bancorp Inc. Englewood Cliffs, N.J.	0.94	2,336	2,480	0.97
	Honat Bancorp Inc. Honesdale, Pa.	0.94	1,767	1,876	1.23
	QNB Corp. Quakertown, Pa.	0.94	2,408	2,559	1.05
150	Capital One Financial Corp. McLean, Va.	0.93	1,065,688	1,145,209	1.49
	First Breckinridge Bancshares Inc. Irvington, Ky.	0.93	2,813	3,023	1.53
	First Keystone Corp. Berwick, Pa.	0.93	2,526	2,720	1.24
	First York Ban Corp. Neb.	0.93	4,746	5,130	1.49
	FirstBank Holding Co. Lakewood, Colo.	0.93	37,077	39,983	1.14
	International Bancshares Corp. Laredo, Texas	0.93	28,069	30,211	0.96
156	Bank of Marin Bancorp Novato, Calif.	0.92	4,866	5,298	1.36
	Financial Corp. of Louisiana Crowley	0.92	2,356	2,558	1.53
	First Nebraska Bancs Inc. Sidney	0.92	1,832	1,988	1.31
	Wood & Huston Bancorp. Inc. Marshall, Mo.	0.92	1,988	2,156	1.51
160	Apple Financial Holdings Inc. New York	0.91	12,448	13,709	0.52
	Community Trust Bancorp Inc. Pikeville, Ky.	0.91	11,820	12,982	1.29
	NASB Financial Inc. Grandview, Mo.	0.91	11,018	12,128	3.62
	SNBNY Holdings Ltd. New York	0.91	10,761	11,881	0.75
164	CB&T Holding Corp. New Orleans	0.90	7,513	8,366	3.77
	Community Bankers Inc. Granbury, Texas	0.90	2,180	2,416	1.58
	Inter-Mountain Bancorp. Inc. Bozeman, Mont.	0.90	1,991	2,203	1.27
	Mercantile Bank Corp. Grand Rapids, Mich.	0.90	4,400	4,865	1.25
	Oriental Financial Group Inc. San Juan, Puerto Rico	0.90	21,192	23,478	0.95
169	Bar Harbor Bankshares Maine	0.89	3,216	3,607	0.99
	First National Bancshares Inc. East Lansing, Mich.	0.89	2,778	3,135	1.82
	Guaranty Financial MHC Milwaukee	0.89	12,782	14,282	-5.87
	Merchants & Marine Bancorp Inc. Pascagoula, Miss.	0.89	1,650	1,846	1.10
	Middlefield Banc Corp Ohio	0.89	1,657	1,852	0.99
	Planters Holding Co. Indianola, Miss.	0.89	2,030	2,289	1.09
175	National Americas Holdings LLC New York	0.88	22,806	25,823	1.02
	Starion Bancorp. Bismarck, N.D.	0.88	3,686	4,200	1.48
177	Crews Banking Corp. Wauchula, Fla.	0.87	3,896	4,478	1.31
	Enterprise Financial Services Corp Clayton, Mo.	0.87	10,040	11,569	1.25
	Natcom Bancshares Inc. Superior, Wis.	0.87	1,808	2,090	1.38
	PNC Financial Services Group Inc. Pittsburgh	0.87	1,013,479	1,171,610	1.34
	T. Rowe Price Group Inc. Baltimore	0.87	241,923	278,888	21.96
182	ESB Financial Corp. Ellwood City, Pa.	0.86	3,714	4,339	0.77
	Glacier Bancorp Inc. Kalispell, Mont.	0.86	20,768	24,205	1.08
	Integrity Bancshares Inc. Camp Hill, Pa.	0.86	1,582	1,833	0.95
	Pulaski Financial Corp. St. Louis	0.86	3,652	4,267	1.07
186	First New Mexico Financial Corp. Deming	0.85	1,137	1,343	1.10
	Provident Financial Services Inc. Jersey City, N.J.	0.85	17,829	20,991	0.99
188	Dimeco Inc. Honesdale, Pa.	0.84	1,594	1,901	1.06
	Park National Corp. Newark, Ohio	0.84	20,710	24,633	1.24
	Sinopac Bancorp Los Angeles	0.84	3,698	4,380	1.30
	W.T.B. Financial Corp. Spokane, Wash.	0.84	14,722	17,468	1.33
192	CNB Financial Corp. Clearfield, Pa.	0.83	4,297	5,197	0.96
	Republic Bancorp Inc. Louisville, Ky.	0.83	13,356	16,114	1.57
194	Citco Community Bancshares Inc. Elizabethton, Tenn.	0.82	1,884	2,309	1.18
	Farmers and Merchants Bankshares Inc. Stuttgart, Ark.	0.82	2,044	2,480	1.23
	Fifth Third Bancorp Cincinnati	0.82	421,427	516,702	1.39
	First Bancorp Inc. Damariscotta, Maine	0.82	2,856	3,471	0.81
	Independent Bankers Financial Corp. Irving, Texas	0.82	7,133	8,748	1.15
	Santander BanCorp San Juan, Puerto Rico	0.82	23,125	28,134	1.25
200	East Asia Holding Co. Inc. New York	0.81	46	57	0.12
	First Fidelity Bancorp Inc. Oklahoma City	0.81	3,774	4,670	1.25
	Midland Financial Corp. Casper, Wyo.	0.81	2,119	2,626	1.33
	Southern Utah Bancorp. Cedar City	0.81	2,074	2,549	1.15

Only domestic holding companies that file Y-9C reports are included. Based on Y-9C 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 March 31, 2013.

Source:

Financial Information Systems LLC