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

January 13, 2014, 3:03 p.m. EST 1 Min Read

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Banking Companies with the Highest Multiples of Net Income to Salary, BenefitsYear to date through June 30, 2013. Dollars in thousands Published January 13, 2014
Rank		Multiple	Net income	Salary and benefits	Return on average assets
1	Beal Financial Corp. Plano, Texas	9.94	$291,180	$29,280	6.34
2	Briscoe Ranch Inc. Uvalde, Texas	7.81	29,513	3,777	4.77
3	CM Florida Holdings Inc. Coral Gables	6.84	167,002	24,405	6.97
4	Merchants Bancorp Carmel, Ind.	5.87	21,836	3,717	5.57
5	United Community Banks Inc. Blairsville, Ga.	5.03	241,729	48,042	6.97
6	Silver Queen Financial Services Inc. Greenwood Village, Colo.	4.27	6,523	1,526	0.70
7	Central Pacific Financial Corp. Honolulu	4.12	151,576	36,777	6.66
8	SBT Bancshares Inc. Dallas	3.77	6,980	1,852	2.97
9	Lauritzen Corp. Omaha, Neb.	3.08	59,834	19,423	6.95
10	Independent Bank Corp. Ionia, Mich.	3.02	69,195	22,893	6.63
11	Stearns Financial Services Inc. St. Cloud, Minn.	2.99	30,266	10,124	3.81
12	Cascade Bancorp Bend, Ore.	2.90	48,120	16,607	7.23
13	Clayton Bancorp Inc. Knoxville, Tenn.	2.80	16,549	5,902	3.27
14	Five Star Bancorp Sacramento, Calif.	2.53	6,008	2,373	3.23
15	First Financial Northwest Inc. Renton, Wash.	2.51	17,920	7,134	3.94
16	New York Private Bank & Trust Corp.	2.50	159,017	63,503	3.53
17	NRBC Holding Corp. Chicago	2.43	7,017	2,884	1.22
18	Guardian Bancorp Inc. Cincinnati	2.42	17,464	7,231	6.37
19	Luther Burbank Corp. Santa Rosa, Calif.	2.25	25,746	11,434	1.42
20	Discover Financial Services Riverwoods, Ill.	2.17	1,275,094	586,625	3.41
21	First-West Texas Bancshares Inc. Midland	2.13	9,003	4,218	2.09
	Malaga Financial Corp. Palos Verdes Estates, Calif.	2.13	5,768	2,708	1.35
23	Barclays Delaware Holdings LLC Wilmington	2.12	176,893	83,433	1.80
	Capitol Bancorp. Inc. Britton, S.D.	2.12	8,652	4,078	2.32
25	First Berne Financial Corp. Ind.	2.11	6,593	3,128	3.90
26	United National Corp. Sioux Falls, S.D.	2.10	138,702	65,916	13.48
27	Charter Bankshares Inc. Eau Claire, Wis.	2.09	7,713	3,691	2.13
28	Olney Bancshares of Texas Inc.	2.08	24,247	11,676	2.39
29	Educational Services of America Inc. Knoxville, Tenn.	2.03	11,630	5,727	1.07
30	TGR Financial Inc. Naples, Fla.	2.00	11,154	5,567	3.48
31	Rockhold Bancorp Kirksville, Mo.	1.96	3,066	1,563	1.14
32	Villages Bancorp. Inc. The Villages, Fla.	1.94	9,512	4,907	1.22
33	WNB Bancshares Inc. Odessa, Texas	1.90	13,493	7,091	1.92
34	Industry Bancshares Inc. Industry, Texas	1.88	19,142	10,183	1.70
35	Fidelity Holding Co. Minnetonka, Minn.	1.78	3,910	2,193	1.75
36	Ambank Co. Inc. Sioux Center, Iowa	1.74	9,286	5,338	2.09
37	Citizens Bankshares Inc. Farmington, N.M.	1.73	5,918	3,423	1.67
38	Intervest Bancshares Corp. New York	1.72	7,430	4,313	0.91
39	First Community Holdings Santa Rosa, Calif.	1.70	6,787	3,981	2.08
40	Amarillo National Bancorp Inc. Texas	1.69	38,982	23,008	2.21
41	East West Bancorp Inc. Pasadena, Calif.	1.66	146,106	87,983	1.27
	Midland Financial Co. Oklahoma City	1.66	150,440	90,895	3.00
43	John Deere Capital Corp. Reno, Nev.	1.65	224,703	136,208	1.54
44	Franklin Resources Inc. San Mateo, Calif.	1.61	1,125,109	700,594	15.28
	Sterling Bancorp Inc. Southfield, Mich.	1.61	7,323	4,556	1.64
46	Oritani Financial Corp. Township of Washington, N.J.	1.60	21,528	13,440	1.53
47	Washington Federal Inc. Seattle	1.59	73,316	46,199	1.12
48	Lakeside Bancorp Inc. Chicago	1.57	7,903	5,028	1.42
	Magnolia Banking Corp. Ark.	1.57	8,318	5,298	2.16
50	The Bank of Southside Virginia Corp. Carson	1.55	5,088	3,281	1.78
51	First NBC Bank Holding Co. New Orleans	1.53	16,891	11,071	1.19
52	Heritage Group Inc. Wood River, Neb.	1.52	4,426	2,914	1.52
53	Manhattan Banking Corp. Kan.	1.52	10,779	7,071	2.23
54	FCT Bancshares Inc. Waco, Texas	1.51	5,642	3,740	1.62
55	Hudson City Bancorp Inc. Paramus, N.J.	1.51	96,653	64,214	0.48
56	New York Community Bancorp Inc. Westbury	1.50	241,191	160,906	1.09
57	Inwood Bancshares Inc. Dallas	1.49	12,185	8,197	1.62
	ServisFirst Bancshares Inc. Birmingham, Ala.	1.49	18,937	12,735	1.28
59	Capitol Federal Financial Inc. Topeka, Kan.	1.48	35,710	24,072	0.77
60	First Financial Banc Corp. El Dorado, Ark.	1.46	13,442	9,198	3.23
	National Bankshares Inc. Blacksburg, Va.	1.46	8,651	5,932	1.58
	Prosperity Bancshares Inc. Houston	1.46	103,150	70,725	1.35
	United Community Bancorp Inc. Chatham, Ill.	1.46	11,834	8,110	1.86
64	Center Bancorp Inc. Union, N.J.	1.44	9,847	6,826	1.22
65	Choice Financial Holdings Inc. Grafton, N.D.	1.41	7,141	5,078	2.16
	Nodaway Valley Bancshares Inc. Maryville, Mo.	1.41	7,693	5,462	1.89
67	BOFI Holdings Inc. San Diego	1.40	21,534	15,367	1.45
68	Santander Holdings USA Inc. Boston	1.39	473,426	341,088	1.15
	WestStar Bank Holding Co. Inc. El Paso, Texas	1.39	11,101	7,968	2.18
70	Fremont Bancorp. Calif.	1.36	56,371	41,551	4.47
	Home BancShares Inc. Conway, Ark.	1.36	35,207	25,909	1.68
72	Amboy Bancorp. Old Bridge, N.J.	1.35	14,566	10,816	1.33
	Putnam Bancshares Inc. Hurricane, W.Va.	1.35	2,663	1,974	0.87
74	CVB Financial Corp. Ontario, Calif.	1.34	46,081	34,388	1.45
	Nicolet Bankshares Inc. Green Bay, Wis.	1.34	12,213	9,121	2.92
76	First Security Bancorp Searcy, Ark.	1.33	51,828	39,044	2.33
77	Cathay General Bancorp El Monte, Calif.	1.32	58,763	44,441	1.11
	FEO Investments Inc. Norfolk, Neb.	1.32	3,650	2,758	1.83
79	First Security Group Inc. Chattanooga, Tenn.	1.31	14,807	11,274	2.80
	Peoples Bancorp Inc. Prairie de Chien, Wis.	1.31	4,356	3,320	2.43
81	Bank of the Ozarks Inc. Little Rock, Ark.	1.30	40,387	30,989	2.04
	Stockman Financial Corp. Miles City, Mont.	1.30	22,512	17,286	1.87
83	Centrabanc Corp. Waco, Texas	1.29	4,845	3,754	1.45
84	American Bank Inc. Allentown, Pa.	1.28	2,218	1,728	1.28
	First Bemidji Holding Co. Minn.	1.28	4,177	3,263	1.43
86	Pedcor Capital LLC Carmel, Ind.	1.26	3,674	2,918	2.54
	Wilshire Bancorp Inc. Los Angeles	1.26	23,128	18,307	1.67
88	First Illinois Bancorp Inc. East St. Louis	1.25	3,625	2,907	1.33
	Ida Grove Bancshares Inc. Iowa	1.25	9,474	7,560	1.55
	Traditional Bancorp. Inc. Mount Sterling, Ky.	1.25	8,288	6,644	1.54
91	Citizens Bancshares Inc. Bluffton, Ohio	1.23	6,064	4,914	1.83
	Oriental Financial Group Inc. San Juan, Puerto Rico	1.23	58,731	47,761	1.34
93	Parke Bancorp Inc. Swell, N.J.	1.22	4,125	3,382	1.09
94	BBCN Bancorp Inc. Los Angeles	1.21	40,132	33,060	1.39
	Blackhawk Bancorp. Inc. Milan, Ill.	1.21	6,541	5,427	1.17
	CIT Group Inc. New York	1.21	346,237	286,090	1.56
	First Financial Bankshares Inc. Abilene, Texas	1.21	38,067	31,479	1.64
	Security Star Bancshares Inc. Odessa, Texas	1.21	8,092	6,713	2.10
	Westamerica Bancorp. San Rafael, Calif.	1.21	34,383	28,467	1.41
100	Trustco Bank Corp NY Glenville	1.20	18,931	15,825	0.86
101	BankUnited Inc. Miami Lakes, Fla.	1.19	102,234	85,800	1.60
102	First Keystone Corp. Berwick, Pa.	1.18	6,397	5,428	1.55
	Heartland Bancorp Inc. Bloomington, Ill.	1.18	25,965	21,912	1.79
	Peoples Financial Services Corp. Hallstead, Pa.	1.18	4,562	3,854	1.34
105	Citizens Financial Services Inc. Mansfield, Pa.	1.17	6,567	5,600	1.49
	Pinnacle Bancorp Inc. Central City, Neb.	1.17	58,554	50,128	1.59
107	Dime Community Bancshares Inc. New York	1.16	22,609	19,463	1.15
108	Hills Bancorp. Iowa	1.14	13,724	11,989	1.31
	Hometown Banc Corp Grand Island, Neb.	1.14	7,577	6,649	1.38
	IMB Holdco LLC Pasadena, Calif.	1.14	182,629	160,172	1.43
	Integrity Bancshares Inc. Camp Hill, Pa.	1.14	3,727	3,278	1.10
112	Penns Wood Bancorp Inc. Jersey Shore, Pa.	1.13	7,343	6,510	1.51
	Planters Financial Group Inc. Hopkinsville, Tenn.	1.13	5,447	4,813	1.46
114	American Central Bancorp. Inc. Mount Zion, Ill.	1.12	6,697	5,955	1.94
	General Electric Capital Corp. Norwalk, Conn.	1.12	3,618,774	3,241,808	1.43
116	Sword Financial Corp. Horicon, Wis.	1.11	5,130	4,603	1.92
	Wood & Huston Bancorp. Inc. Marshall, Mo.	1.11	4,758	4,295	1.78
118	First Paragould Bankshares Inc. Ark.	1.08	4,762	4,421	1.33
	Northern Bancorp Inc. Woburn, Mass.	1.08	6,195	5,728	1.36
120	First Manitowoc Bancorp Inc. Wis.	1.07	6,218	5,798	1.25
	Hometown Community Bancorp Inc. Morton, Ill.	1.07	16,094	15,099	1.17
	Lakeland Financial Corp. Warsaw, Ind.	1.07	18,469	17,328	1.23
	NewBridge Bancorp Greensboro, N.C.	1.07	16,357	15,335	1.91
	Planters Holding Co. Indianola, Miss.	1.07	4,646	4,349	1.25
125	Ames National Corp. Iowa	1.06	6,865	6,457	1.12
126	U.S. Bancorp Minneapolis	1.05	2,912,000	2,767,000	1.64
127	First Citizens Financial Corp. Mason City, Iowa	1.04	7,886	7,584	1.34
	First Nebraska Bancs Inc. Sidney	1.04	4,080	3,933	1.47
	Heritage Bancorp Reno, Nev.	1.04	3,214	3,093	1.59
	West Bancorp. Inc. West Des Moines, Iowa	1.04	8,246	7,955	1.14
131	AFNB Holdings Inc. Houston	1.03	6,638	6,458	1.49
	Independence Bancshares Inc. Owensboro, Ky.	1.03	9,036	8,758	1.42
	Pacific City Financial Corp. Los Angeles	1.03	6,490	6,309	2.00
134	Bancshares of Jackson Hole Inc. Jackson, Wyo.	1.02	3,398	3,329	1.11
	Citizens and Northern Corp. Wellsboro, Pa.	1.02	9,680	9,524	1.55
	Farmers and Merchants Bankshares Inc. Stuttgart, Ark.	1.02	5,034	4,932	1.51
	Urban Trust Holdings Inc. Lake Mary, Fla.	1.02	5,142	5,042	1.73
138	American National Corp. Omaha, Neb.	1.01	20,833	20,717	1.68
	First Arkansas Bancshares Inc. Jacksonville	1.01	7,422	7,335	2.21
	Hanmi Financial Corp. Los Angeles	1.01	19,626	19,363	1.39
	Republic Bancorp Co. Orland Park, Ill.	1.01	8,299	8,225	1.27
	The First of Long Island Corp. Glen Head, N.Y.	1.01	10,946	10,823	1.01
	Western Alliance Bancorp. Phoenix	1.01	54,980	54,675	1.36
144	CBX Corp. Carrollton, Ill.	1.00	6,511	6,537	1.18
	Fifth Third Bancorp Cincinnati	1.00	1,012,201	1,007,603	1.66
	Paducah Bank Shares Inc. Ky.	1.00	4,778	4,791	1.76
	Southern Missouri Bancorp Inc. Poplar Bluff	1.00	4,996	4,992	1.27
	Starion Bancorp. Bismarck, N.D.	1.00	8,375	8,346	1.68
149	Financial Corp. of Louisiana Crowley	0.99	5,119	5,172	1.67
	FirstBank Holding Co. Lakewood, Colo.	0.99	78,538	79,003	1.21
151	1st Summit Bancorp of Johnstown Inc. Pa.	0.98	4,461	4,566	1.08
	Cache Valley Banking Co. Logan, Utah	0.98	5,347	5,451	2.04
	Camco Financial Corp. Cambridge, Ohio	0.98	6,653	6,767	1.75
	ConnectOne Bancorp Inc. Englewood Cliffs, N.J.	0.98	4,833	4,926	0.98
	Honat Bancorp Inc. Honesdale, Pa.	0.98	3,691	3,770	1.28
	Midland Financial Corp. Casper, Wyo.	0.98	4,773	4,880	1.49
	NEB Corp. Fond du Lac, Wis.	0.98	8,660	8,828	1.10
158	Customers Bancorp Inc. Wyomissing, Pa.	0.97	15,415	15,905	0.88
	United Bankshares Inc. Charleston, W.Va.	0.97	43,798	45,229	1.04
160	American National Bankshares Inc. Danville, Va.	0.96	8,361	8,708	1.30
	First Farmers Financial Corp. Converse, Ind.	0.96	7,999	8,340	1.39
	First York Ban Corp. Neb.	0.96	10,010	10,383	1.59
	Norwood Financial Corp., Honesdale, Pa.	0.96	4,147	4,335	1.21
164	Dakota Community Bancshares Inc. Hebron, N.D.	0.95	5,590	5,909	2.56
	Watford City Bancshares Inc. N.D.	0.95	12,233	12,869	1.80
166	Capital One Financial Corp. McLean, Va.	0.94	2,183,284	2,317,899	1.57
	Enterprise Financial Services Corp Clayton, Mo.	0.94	21,073	22,338	1.32
	SNBNY Holdings Ltd. New York	0.94	21,566	22,976	0.73
	Sunwest Bancorp Inc. Tustin, Calif.	0.94	6,706	7,123	2.02
170	American Bank Holding Corp. Corpus Christi, Texas	0.93	10,014	10,746	1.73
171	M&T Bank Corp. Buffalo, N.Y.	0.92	622,579	679,687	1.50
	National Americas Holdings LLC New York	0.92	46,181	50,045	1.03
	Southern Utah Bancorp. Cedar City	0.92	4,604	4,996	1.27
	Waupaca Bancorp. Inc. Wis.	0.92	4,767	5,203	1.18
175	Community Trust Bancorp Inc. Pikeville, Ky.	0.91	23,762	26,196	1.30
	First National Bancshares Inc. East Lansing, Mich.	0.91	5,741	6,282	1.85
	International Bancshares Corp. Laredo, Texas	0.91	55,582	60,975	0.95
	Natcom Bancshares Inc. Superior, Wis.	0.91	3,802	4,198	1.46
	Virginia Commerce Bancorp Inc. Arlington	0.91	13,499	14,890	0.95
180	PNC Financial Services Group Inc. Pittsburgh	0.90	2,135,466	2,361,861	1.41
	Popular Inc. Hato Rey, Puerto Rico	0.90	207,000	230,000	1.13
	Provident Financial Services Inc. Jersey City	0.90	37,056	40,997	1.02
183	Citco Community Bancshares Inc. Elizabethton, Tenn.	0.89	4,005	4,508	1.27
	Glacier Bancorp Inc. Kalispell, Mont.	0.89	43,470	48,759	1.12
	Leackco Bank Holding Co. Inc. Wolsey, S.D.	0.89	3,685	4,150	1.29
	National Consumer Cooperative Bank Washington	0.89	19,801	22,261	2.28
	Northern Bankshares Inc. McFarland, Wis.	0.89	2,824	3,173	1.30
188	First Bancorp Inc. Lebanon, Va.	0.88	8,180	9,322	1.28
189	Bar Harbor Bankshares Maine	0.87	6,386	7,303	0.97
	Community Bankers Inc. Granbury, Texas	0.87	4,160	4,779	1.50
	ESB Financial Corp. Ellwood City, Pa.	0.87	7,590	8,700	0.79
	First Bancorp Inc. Damariscotta, Maine	0.87	6,098	6,986	0.86
	Middlefield Banc Corp Ohio	0.87	3,335	3,831	1.00
	Sabine Bancshares Inc. Many, La.	0.87	6,733	7,769	1.86
	Talmer Bancorp Inc. Troy, Mich.	0.87	76,173	87,131	3.79
196	Bancorp of New Jersey Inc. Fort Lee	0.86	2,262	2,616	1.18
	Commercial Holding Co. Paris, Tenn.	0.86	4,439	5,164	1.33
	Merchants Bancorp Inc. Hillsboro, Ohio	0.86	3,203	3,731	1.13
	S&T Bancorp Inc. Indiana, Pa.	0.86	26,433	30,792	1.17
	T. Rowe Price Group Inc. Baltimore	0.86	489,743	566,908	21.59

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 June 30, 2013.

Source:

Financial Information Systems LLC