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

August 05, 2014, 2:19 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 Dec. 31, 2013. Dollars in thousands Published August 5, 2014
Rank		Multiple	Net income	Salary and benefits	Return on average assets
1	Beal Financial Corp. Plano, Texas	9.59	$612,153	$63,808	6.99%
2	Builders Financial Corp. Chicago	9.31	39,120	4,203	13.97
3	Briscoe Ranch Inc. Uvalde, Texas	5.25	40,586	7,738	3.32
4	Merchants Bancorp Carmel, Ind.	4.97	38,944	7,842	3.03
5	Silver Queen Financial Services Inc. Greenwood Village, Colo.	3.22	14,727	4,573	0.76
6	First Banks Inc. Clayton, Mo.	2.95	241,744	81,975	3.88
7	United Community Banks Inc. Blairsville, Ga.	2.86	273,140	95,416	3.86
8	Coconut Grove Bankshares Inc. Miami	2.63	25,857	9,828	4.23
9	Lakeside Bancorp Inc. Chicago	2.60	25,879	9,967	2.30
10	Clayton Bancorp, Inc Knoxville, Tenn.	2.51	34,009	13,526	3.41
11	Lauritzen Corp. Omaha, Neb.	2.50	97,517	39,049	5.63
12	Dickinson Financial Corp. II Kansas City, Mo.	2.47	169,393	68,631	8.36
13	Stearns Financial Services Inc. St. Cloud, Minn.	2.44	68,215	27,988	4.27
14	Five Star Bancorp Rocklin, Calif.	2.43	11,807	4,852	2.05
15	Educational Services of America Inc. Knoxville, Tenn.	2.34	27,987	11,946	1.24
16	Central Pacific Financial Corp. Honolulu	2.26	172,075	76,294	3.73
17	Old Second Bancorp Inc. Aurora, Ill.	2.24	82,085	36,688	4.18
	Anchor BanCorp. Wisconsin Inc. Madison, Wis.	2.24	97,603	43,650	4.25
19	HMN Financial Inc. Rochester, Minn.	2.18	26,670	12,217	4.54
20	Charter Bankshares Inc. Eau Claire, Wis.	2.14	16,500	7,706	2.32
21	Luther Burbank Corp. Santa Rosa, Calif.	2.11	52,779	25,027	1.45
22	Malaga Financial Corp. Palos Verdes Estates, Calif.	2.10	11,494	5,476	1.34
23	Discover Financial Services Riverwoods, Ill.	2.08	2,470,259	1,187,576	3.25
24	Olney Bancshares of Texas Inc.	2.07	49,024	23,640	2.33
25	Capitol Bancorp. Inc. Britton, S.D.	1.98	16,117	8,122	2.17
26	Fidelity Holding Co. Minnetonka, Minn.	1.95	7,269	3,736	1.78
27	First-West Texas Bancshares Inc. Midland, Texas	1.93	17,260	8,949	2.03
28	United National Corp. Sioux Falls, S.D.	1.91	254,235	133,333	12.09
29	First Berne Financial Corp. Ind.	1.89	11,677	6,180	2.26
30	First Financial Northwest Inc. Renton, Wash.	1.83	24,465	13,398	2.73
31	Guardian Bancorp Inc. Cincinnati	1.82	24,687	13,585	2.94
32	John Deere Capital Corp. Reno, Nev.	1.81	474,047	262,465	1.55
33	Industry Bancshares Inc. Texas	1.76	36,349	20,678	1.56
34	Intervest Bancshares Corp. New York	1.75	14,494	8,281	0.90
35	Citizens Bankshares Inc. Farmington, N.M.	1.73	11,868	6,845	1.68
36	Washington Federal Inc. Seattle	1.71	156,459	91,510	1.18
37	Choice Financial Holdings Inc. Grafton, N.D.	1.68	17,469	10,369	2.49
38	East West Bancorp Inc. Pasadena, Calif.	1.67	295,045	176,509	1.25
39	First NBC Bank Holding Co. New Orleans	1.65	40,911	24,807	1.37
40	Sterling Bancorp Inc. Southfield, Mich.	1.64	15,932	9,687	1.74
	Pacific City Financial Corp. Los Angeles	1.64	21,383	13,012	3.14
42	Independent Bank Corp. Ionia, Mich.	1.63	77,509	47,657	3.65
43	First Community Holdings Santa Rosa, Calif.	1.62	13,378	8,275	2.01
44	Franklin Resources Inc. San Mateo, Calif.	1.60	2,237,932	1,398,376	14.73
45	Amarillo National Bancorp Inc. Texas	1.59	73,186	45,915	1.99
	Ambank Co. Inc. Sioux Center, Iowa	1.59	18,329	11,520	2.06
	FCT Bancshares Inc. Waco, Texas	1.59	11,540	7,274	1.60
48	ServisFirst Bancshares Inc. Birmingham, Ala.	1.58	41,617	26,324	1.33
49	Cascade Bancorp Bend, Ore.	1.56	50,844	32,650	3.75
50	First Community Financial Partners Inc. Joliet, Ill.	1.55	16,668	10,721	1.94
51	Magnolia Banking Corp. Magnolia, Ark.	1.52	16,219	10,654	2.07
	New York Community Bancorp Inc. Westbury	1.52	475,547	313,196	1.07
	BofI Holding Inc. San Diego	1.52	46,869	30,895	1.54
	Oritani Financial Corp. Township of Washington, N.J.	1.52	41,883	27,613	1.49
55	Manhattan Banking Corp. Kan.	1.50	21,299	14,209	2.14
56	Prosperity Bancshares Inc. Houston	1.49	221,398	148,494	1.36
	National Bankshares Inc. Blacksburg, Va.	1.49	17,790	11,978	1.62
58	Center Bancorp Inc. Union, N.J.	1.48	19,925	13,465	1.22
59	WestStar Bank Holding Co. Inc. El Paso, Texas	1.47	22,952	15,605	2.28
	Capitol Federal Financial Inc. Topeka, Kan.	1.47	69,590	47,350	0.76
61	Inwood Bancshares Inc. Dallas	1.46	25,469	17,425	1.68
62	IMB HoldCo LLC Pasadena, Calif.	1.45	291,620	201,634	1.17
63	Rockhold BanCorp. Inc. Kirksville, Mo.	1.44	4,622	3,211	0.80
64	Palmetto Bancshares Inc. Greenville, S.C.	1.42	27,731	19,494	2.53
65	Johnson Financial Group Inc. Racine, Wis.	1.41	149,101	105,496	4.01
	Bank of Southside Virginia Corp. Carson	1.41	9,815	6,955	1.68
67	Stockman Financial Corp. Miles City, Mont.	1.40	50,988	36,469	2.08
	Hudson City Bancorp Inc. Paramus, N.J.	1.40	185,216	132,733	0.47
69	Cathay General Bancorp Los Angeles	1.39	123,143	88,277	1.17
70	First Security Bancorp Searcy, Ark.	1.38	103,344	74,671	2.32
	National Bancorp Inc. Schaumburg, Ill.	1.38	12,536	9,068	2.62
	First Bemidji Holding Co. Minn.	1.38	9,007	6,546	1.56
73	Nodaway Valley Bancshares Inc. Maryville, Mo.	1.37	15,737	11,475	1.95
74	Seacoast Banking Corp. of Florida Stuart	1.36	51,989	38,332	2.38
75	CVB Financial Corp. Ontario, Calif.	1.35	95,608	71,015	1.49
76	Bank of the Ozarks Inc. Little Rock, Ark.	1.34	87,135	64,825	2.04
	Villages Bancorp. Inc. The Villages, Fla.	1.34	13,583	10,148	0.86
78	First Illinois Bancorp Inc. East St. Louis	1.33	7,430	5,582	1.38
79	First Financial Banc Corp. El Dorado, Ark.	1.32	23,623	17,842	2.81
	Independent Southern Bancshares Inc. Brownsville, Tenn.	1.32	8,834	6,684	3.01
	Peoples Bancorp Inc. Prairie Du Chien, Wis.	1.32	8,939	6,765	1.64
	Ida Grove Bancshares Inc. Iowa	1.32	20,299	15,365	1.66
83	Centrabanc Corp. Waco, Texas	1.31	9,868	7,521	1.48
	Popular Inc. Hato Rey, Puerto Rico	1.31	599,000	459,000	1.65
85	FEO Investments Inc. Norfolk, Neb.	1.29	7,314	5,665	1.23
86	Integrity Bancshares Inc. Camp Hill, Pa.	1.27	7,899	6,219	1.15
87	American Bank Inc. Allentown, Pa.	1.25	4,256	3,411	0.82
88	Heritage Group Inc. Aurora, Neb.	1.24	7,682	6,173	1.29
89	TrustCo Bank Corp. NY Glenville	1.23	39,812	32,424	0.90
	Pinnacle Bancorp Inc. Central City, Neb.	1.23	123,051	100,425	1.66
91	Hometown Community Bancorp Inc. Morton, Ill.	1.22	37,850	31,104	1.36
92	Citizens Bancshares Inc. Bluffton, Ohio	1.21	12,039	9,936	1.84
	Putnam Bancshares Inc. Hurricane, W.Va.	1.21	5,048	4,181	0.82
	BankUnited Inc. Miami Lakes, Fla.	1.21	208,936	173,086	1.57
95	Blackhawk Bancorp. Inc. Milan, Ill.	1.20	13,560	11,256	1.23
	BBCN Bancorp Inc. Los Angeles	1.20	81,755	67,885	1.35
97	Traditional Bancorp. Inc. Mount Sterling, Ky.	1.19	15,984	13,426	1.47
	MBT Financial Corp. Monroe, Mich.	1.19	25,537	21,520	2.09
	Westamerica Bancorp. San Rafael, Calif.	1.19	67,177	56,633	1.38
100	CIT Group Inc. New York	1.18	675,654	571,360	1.49
	First Financial Bankshares Inc. Abilene, Texas	1.18	78,868	66,840	1.63
	Amboy Bancorp. Old Bridge, N.J.	1.18	23,735	20,116	1.08
103	Citizens Financial Services Inc. Mansfield, Pa.	1.17	13,375	11,392	1.51
104	Home BancShares Inc. Conway, Ark.	1.14	66,520	58,394	1.43
105	Dime Community Bancshares Inc. Brooklyn, N.Y.	1.13	43,548	38,671	1.09
106	Parke Bancorp Inc. Sewell, N.J.	1.12	7,571	6,733	1.00
	Wilshire Bancorp Inc. Los Angeles	1.12	45,375	40,632	1.57
108	Security Star Bancshares Inc. Midland, Texas	1.11	15,508	13,928	1.99
	Starion Bancorp. Bismarck, N.D.	1.11	17,802	15,992	1.75
	Watford City Bancshares Inc. N.D.	1.11	29,691	26,730	2.07
111	Lakeland Financial Corp. Warsaw, Ind.	1.10	38,826	35,214	1.29
	Planters Financial Group Inc. Clarksville, Tenn.	1.10	11,024	10,028	1.45
	OFG Bancorp San Juan, Puerto Rico	1.10	98,446	89,672	1.16
	Northern Bancorp Inc. Woburn, Mass.	1.10	12,681	11,570	1.32
115	Hometown Banc Corp. Grand Island, Neb.	1.09	14,718	13,481	1.32
116	West Bancorp. Inc. West Des Moines, Iowa	1.07	16,891	15,757	1.17
	United Community Bancorp Inc. Chatham, Ill.	1.07	18,035	16,866	1.36
118	Hills Bancorp. Iowa	1.06	25,931	24,388	1.23
	Ames National Corp. Iowa	1.06	13,954	13,168	1.15
	U.S. Bancorp Minneapolis	1.06	5,836,000	5,511,000	1.66
121	International Bancshares Corp. Laredo, Texas	1.05	126,351	119,846	1.07
	Midland Financial Co. Oklahoma City	1.05	188,126	179,007	1.84
	First Nebraska Bancs Inc. Sidney	1.05	8,568	8,158	1.54
124	Fremont Bancorp. Calif.	1.04	80,986	77,570	3.29
	TFC Holding Co. Alhambra, Calif.	1.04	6,133	5,899	1.50
	Guaranty Capital Corp. Belzoni, Miss.	1.04	11,585	11,180	1.96
127	Hanmi Financial Corp. Los Angeles	1.03	39,903	38,628	1.41
	Heartland Bancorp Inc. Bloomington, Ill.	1.03	43,467	42,261	1.55
	Independence Bancshares Inc. Owensboro, Ky.	1.03	18,737	18,231	1.44
130	Plains Bancorp Inc. Dimmitt, Texas	1.02	15,911	15,597	1.41
	SBC Inc. Countryside, Ill.	1.02	7,264	7,144	1.22
	Midland Financial Corp. Casper, Wyo.	1.02	9,720	9,562	1.48
133	Heritage Bancorp Reno, Nev.	1.01	6,298	6,206	1.20
	Citizens & Northern Corp. Wellsboro, Pa.	1.01	18,594	18,356	1.51
	Western Alliance Bancorp. Phoenix	1.01	114,523	113,434	1.35
	Dakota Community Banshares Inc. Hebron, N.D.	1.01	12,146	12,054	1.83
137	Southern Utah Bancorp. Cedar City	1.00	9,982	9,952	1.35
	FirstBank Holding Co. Lakewood, Colo.	1.00	161,666	161,227	1.25
	Norwood Financial Corp. Honesdale, Pa.	1.00	8,465	8,447	1.23
	Honat Bancorp Inc. Honesdale, Pa.	1.00	7,434	7,426	1.29
	NEB Corp. Fond Du Lac, Wis.	1.00	17,717	17,712	1.14
142	ConnectOne Bancorp Inc. Englewood Cliffs, N.J.	0.99	10,270	10,322	0.96
143	First Manitowoc Bancorp Inc. Wis.	0.98	11,563	11,751	1.15
	TGR Financial Inc. Naples, Fla.	0.98	11,093	11,274	1.67
	Eagle Bancorp Inc. Bethesda, Md.	0.98	46,683	47,481	1.36
146	American International Group Inc. New York	0.97	9,085,000	9,381,000	NA
	1st Summit Bancorp of Johnstown Inc. Pa.	0.97	9,060	9,358	1.07
148	CBX Corp. Carrollton, Ill.	0.96	12,641	13,121	1.13
	Paducah Bank Shares Inc. Ky.	0.96	9,272	9,668	1.73
	Southern Missouri Bancorp Inc. Poplar Bluff	0.96	10,078	10,524	1.22
151	NATCOM Bancshares Inc. Superior, Wis.	0.95	8,004	8,399	1.57
	General Electric Capital Corp. Norwalk, Conn.	0.95	6,203,849	6,514,601	1.15
	First Bancorp Inc. Lebanon, Va.	0.95	17,028	17,910	1.32
	Financial Corp. of Louisiana Crowley	0.95	10,191	10,734	1.64
155	First Keystone Corp. Berwick, Pa.	0.94	10,273	10,896	1.23
	United Bankshares Inc. Charleston, W.Va.	0.94	85,628	91,044	1.01
	Fifth Third Bancorp Cincinnati	0.94	1,835,368	1,953,650	1.48
	First of Long Island Corp. Glen Head, N.Y.	0.94	21,300	22,677	0.96
	First Citizens Financial Corp. Mason City, Iowa	0.94	14,580	15,538	1.25
	First National Corp. Strasburg, Va.	0.94	9,874	10,528	1.85
	Carbon County Holding Co. Rawlins, Wyo.	0.94	3,845	4,102	2.18
162	CBS Banc-Corp. Russellville, Ala.	0.93	18,872	20,222	1.41
	Glacier Bancorp Inc. Kalispell, Mont.	0.93	95,644	102,662	1.23
	Franklin Financial Corp. Glen Allen, Va.	0.93	9,622	10,398	0.91
165	American National Corp. Omaha, Neb.	0.92	38,256	41,363	1.54
	215 Holding Co. Minneapolis	0.92	9,918	10,752	1.52
	Planters Holding Co. Indianola, Miss.	0.92	8,590	9,322	1.15
	Customers Bancorp Inc. Wyomissing, Pa.	0.92	32,694	35,493	0.95
169	Penns Woods Bancorp Inc. Williamsport, Pa.	0.91	14,084	15,415	1.33
	First Bancorp Inc. Damariscotta, Maine	0.91	12,965	14,281	0.91
171	First Farmers Financial Corp. Converse, Ind.	0.90	15,817	17,510	1.35
	Wood & Huston Bancorp. Inc. Marshall, Mo.	0.90	8,302	9,222	1.54
	Northern Bankshares Inc. McFarland, Wis.	0.90	5,418	6,020	1.27
	Middlefield Banc Corp. Ohio	0.90	7,028	7,836	1.07
	Guaranty Bancshares Inc. Mount Pleasant, Texas	0.90	14,782	16,509	1.26
176	City Holding Co. Charleston, W.Va.	0.89	48,215	54,046	1.43
	Commercial Holding Co. Paris, Tenn.	0.89	9,241	10,361	1.40
	First York Ban Corp. Neb.	0.89	19,656	22,043	1.59
	First Arkansas BancShares Inc. Jacksonville	0.89	12,630	14,205	1.90
	PNC Financial Services Group Inc. Pittsburgh	0.89	4,219,804	4,757,034	1.38
	Capital One Financial Corp. McLean, Va.	0.89	4,158,534	4,695,790	1.40
182	First Paragould Bankshares Inc. Ark.	0.88	9,339	10,570	1.28
	Republic Bancorp Co. Oak Brook, Ill.	0.88	15,161	17,161	1.15
	Merchants Bancorp Inc. Hillsboro, Ohio	0.88	6,650	7,558	1.17
	American National Bankshares Inc. Danville, Va.	0.88	15,747	17,907	1.21
	Premier Financial Bancorp Inc. Huntington, W.Va.	0.88	13,229	15,046	1.19
	Farmers and Merchants Bankshares Inc. Stuttgart, Ark.	0.88	8,865	10,086	1.33
	First New Mexico Financial Corp. Deming	0.88	4,816	5,489	1.16
	Ouachita Bancshares Corp. Monroe, La.	0.88	10,963	12,498	1.71
	Bancorp of New Jersey Inc. Fort Lee	0.88	4,654	5,313	0.79
	North American Bancshares Inc. Sherman, Texas	0.88	22,419	25,621	1.11
192	First Fidelity Bancorp Inc. Oklahoma City	0.87	17,933	20,577	1.41
	Keweenaw Financial Corp. Hancock, Mich.	0.87	5,540	6,360	1.00
	ESB Financial Corp. Ellwood City, Pa.	0.87	15,344	17,621	0.80
	Leackco Bank Holding Co. Inc. Wolsey, S.D.	0.87	7,245	8,337	1.27
	Central Community Corp. Temple, Texas	0.87	16,042	18,506	1.27
	Bar Harbor Bankshares Maine	0.87	13,183	15,227	0.98
	American Express Co. New York	0.87	5,359,000	6,191,000	3.52
199	Neighbor Insurance Agency Inc. Marion, Iowa	0.86	8,793	10,191	1.37
	Community Bank Holdings of Texas Inc. Corsicana	0.86	6,200	7,220	NA

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 May 13, 2014.

Source:

SNL Financial