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Banks, thrifts and holding companies

Banks and Thrifts with Highest Nonperformer Ratios

April 07, 2004, 10:08 a.m. EDT 1 Min Read
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Banks and Thrifts with Highest Nonperformer Ratios

Banks and Thrifts with Highest Nonperformer Ratios
On Dec. 31, 2003. Dollars in thousands
Published April 7, 2004
  Holding company Institution type Ratio* Year Earlier Nonperformers Net Chargeoffs** Assets
1 Eastern Savings Bank FSB Hunt Valley, Md. none thrift 23.60% 25.34% $140,328 0.32% $692,701
2 First Bank and Trust Co. of Illinois Palatine Hershenhorn Bancorp Palentine, Ill. commercial bank 23.54 13.39 79,018 6.9 577,199
3 Brickyard Bank Lincolnwood, Ill. Brickyard Bancorp Inc. Lincolnwood, Ill. commercial bank 21.95 6.85 16,357 -0.27 147,150
4 Purdum State Bank Purdum, Neb. none commercial bank 21.09 13.15 3,725 2.01 21,497
5 First National Bank Lubbock, Tex. First Haskell Bancorp Inc. Lubbock, Tex. commercial bank 18.13 2.09 5,189 6.65 40,068
6 Farmers Deposit Bank Eminence, Ky. Premier Financial Bancorp Huntington, W. Va. commercial bank 16.68 0.63 12,307 19.59 106,079
7 Countryside Bank Meriden, Kan. Denison Bancshares Inc. Holton, Kan. commercial bank 16.37 2.58 3,707 -0.34 33,436
8 Community Bank of Lawndale Chicago, Ill. Sable Bancshares Inc. Chicago commercial bank 14.41 5.73 3,994 0.33 45,799
9 North Country Bank and Trust Co. Manistique, Mich. North Country Financial Corp. Manistique, Mich. commercial bank 13.09 6.28 38,901 0.81 421,214
10 First Bank and Trust of Memphis Tex. Falcon Bancorp Memphis, Tex. commercial bank 13.02 3.85 3,855 0 38,422
11 Greater South Texas Bank Falfurrias none thrift 12.83 9.08 2,838 0.93 30,362
12 First Bank of Northern Kentucky Fort Mitchell F.N.B. Bancorp Inc. Fort Mitchell, Ky. commercial bank 12.58 8.98 6,092 7.35 72,564
13 First National Bank of Marin Las Vegas Marin National Bancorp Las Vegas commercial bank 12.28 15.82 31,276 16.02 217,006
14 Bank of Lake Village Ark. Southeast Arkansas Bank Corp. Lake Village, Ark. commercial bank 12.2 8.77 6,158 1.23 65,237
15 Builders Bank Chicago Builders Financial Corp. Chicago commercial bank 12.08 4.7 33,376 0.43 361,755
16 Reliance Bank White Plains, N.Y. Avant Financial LLC. Syracuse commercial bank 11.34 18.19 2,562 8.48 28,637
17 Peoples Bank Paragould, Ark. Spring Rivers Bancshares Paragould, Ark. commercial bank 11.17 22.45 5,710 4.61 84,421
18 First National Bank of Gaylord Mich. North Bancorp Inc. Gaylord, Mich. commercial bank 10.65 1.28 12,650 2.57 172,385
19 Heron Lake State Bank Minn. Heron Lake Bancshares Inc. Minn. commercial bank 10.21 8.14 1,757 0.21 29,308
20 Triad Bank Tulsa Triad Bancshares Inc. Tulsa commercial bank 9.93 15.48 7,665 0.62 99,547
21 Oklahoma State Bank Oklahoma City Town and Country Bancshares Inc. Oklahoma City commercial bank 9.92 2.69 2,227 6.85 42,069
22 First National Bank of Wiggins Miss. none commercial bank 9.83 8.54 2,863 0.84 50,519
23 Bank of Ephraim Utah Utah Bancshares Inc. Ephraim commercial bank 9.75 9.04 3,670 2.64 59,390
24 First National Bank of Le Roy Kan. LeRoy Bancshares Inc. Kan. commercial bank 9.56 8.15 1,383 0.93 22,533
25 Liberty National Bank Longwood, Fla. Liberty Bancorp Longwood, Fla. commercial bank 9.38 3.72 4,806 1.16 68,294
26 WebBank Salt Lake City none commercial bank 9.23 8.4 1,338 1.96 19,710
27 State Bank of Trenton Neb. Unibanc Corp. Maywood, Neb. commercial bank 9.11 3.31 1,155 1.09 19,566
28 First Enterprise Bank Oklahoma City none commercial bank 9.02 9.74 10,749 0.1 148,282
29 Unity National Bank of Houston none commercial bank 8.78 4.76 3,774 0.14 55,888
30 Virgin Islands Community Bank Christiansted none commercial bank 8.63 13.82 3,103 0.09 64,804
31 Forrest City Bank Ark. Forrest City Financial Corp. Forrest City, Ark. commercial bank 8.61 5.1 3,235 0.3 72,251
32 CIB Bank Hillside, Ill. CIB Marine Bancshares Inc. Pewaukee, Wis. commercial bank 8.48 1.72 99,737 2.52 1,572,383
33 Holladay Bank and Trust Co. Salt Lake City none commercial bank 8.28 6.7 2,305 0.93 44,610
34 Beal Bank Plano, Tex. NA savings bank 8.26 10.72 237,962 0.41 5,546,204
35 Citizens Community Bank of Decatur Ill. none commercial bank 8.15 17.05 741 0.96 13,729
36 Bank of Okolona Miss. Bancorp of Okolona Miss. commercial bank 8.1 8.44 3,345 0.85 57,558
37 Bankfirst Sioux Falls, S.D. Bankfirst Corp. Inc. Sioux Falls, S.D. commercial bank 8.08 5.84 36,057 41.07 733,701
38 Community Bank Loganville, Ga. Triangle Financial Group Inc. Loganville, Ga. commercial bank 7.9 0.46 17,019 0.04 251,126
39 Oakland State Bank Iowa Oak Bancorp Oakland, Iowa commercial bank 7.88 0.72 1,702 1.3 31,072
40 First State Bank Idaho Springs, Colo. Clear Creek Bank Corp. Idaho Springs, Colo. commercial bank 7.86 5.51 1,553 0.26 30,076
41 Kinderhook State Bank Ill. none commercial bank 7.64 4.4 1,406 0.32 29,890
42 Alamerica Bank Birmingham, Ala. Alamerica Bancorp Inc. Birmingham, Ala. commercial bank 7.54 0.65 3,008 0.49 54,546
43 Traders Bank Spencer, W.Va. Traders Bankshares Inc. Spencer, W.Va. commercial bank 7.48 3.31 6,834 0.71 119,261
44 Pan American Bank Chicago JD Financial Group Inc. Chicago commercial bank 7.39 5.39 1,506 2.44 27,842
45 Elgin State Bank Ill. Elgin State Bancorp Inc. Ill. commercial bank 7.21 1.38 11,139 0.28 218,559
46 Ulster Savings Bank Kingston, N.Y. none savings bank 7.21 7.02 25,794 0.09 554,263
47 Jefferson Bank Fayette, Miss. Southeast Arkansas Bank Corp. Lake Village commercial bank 7.18 9.05 1,725 0.78 41,528
  First National Bank of Goliad Tex. Goliad Bancshares Inc. Tex. commercial bank 7.18 1.4 2,288 6.92 41,034
49 First National Bank of Shelby Ohio FNB Financial Corp. Shelby, Ohio commercial bank 7.08 5.62 7,917 4.9 214,840
50 Alliant Bank Sedgwick, Kan. none commercial bank 7.06 1.02 841 0.13 20,903
51 Franklin State Bank and Trust Co. Winnsboro, La. Franklin Bancorp Inc. Winnsboro, La. commercial bank 7.02 2.03 3,747 1.13 102,472
52 McClave State Bank Colo. none commercial bank 7.01 6.47 626 1.05 14,333
53 Central Bank and Trust Co. Hutchinson, Kan. Central Financial Corp. Hutchinson, Kan. commercial bank 6.95 4.67 10,129 0.89 221,245
54 Farmers Security Bank Washburn, N.D. McLean Bank Holding Co. Garrison, N.D. commercial bank 6.93 4.78 1,244 -0.02 29,511
55 First State Bank Beardstown, Ill. First Beardstown Bancorp Ill. commercial bank 6.84 2.25 1,852 -0.01 43,611
56 Farmers State Bank Elgin, N.D. Elgin Bancshares Inc. N.D. commercial bank 6.82 2.74 1,135 0.64 25,160
57 First National Bank Borger, Tex. Olney Bancshares of Texas commercial bank 6.75 3.21 2,125 1.81 38,633
58 Bank of Houston Mo. Ozark Bancshares Inc. Houston, Mo. commercial bank 6.74 5.98 1,925 0.36 52,464
59 Farmers State Bank of Oakley Kan. Security Bancshares Inc. Scott City, Kan. commercial bank 6.64 0.86 2,991 0.51 76,686
60 Park Bank Holmen, Wis. none commercial bank 6.59 6.4 2,047 0.31 44,216
61 Bank of Calhoun County Hardin, Ill. none commercial bank 6.58 7.31 1,871 3.19 52,278
62 Citizens State Bank Okemah, Okla. Citizens Bankshares Inc. Okemah, Okla. commercial bank 6.58 3.47 984 0.28 26,161
63 Potter State Bank Neb. Enevoldsen Management Co. Potter, Neb. commercial bank 6.57 2.56 748 0.56 17,342
64 Pella State Bank Iowa MidWestOne Financial Group Oskaloosa, Iowa commercial bank 6.55 5.29 2,009 0.58 59,075
  Citizens State Bank Kelliher, Minn. Kelliher Bancshares Inc. Minn. commercial bank 6.55 1.95 629 1.68 14,392
66 Bardwell Deposit Bank Ky. Purchase Area Bancorp Inc. Barkwell, Ky. commercial bank 6.5 2.41 1,988 2.22 61,007
67 National Bank of North East North East, Pa. North East Bancshares Inc. North East, Pa. commercial bank 6.44 6.27 3,462 0.61 81,446
  Progressive-Home Federal Savings and Loan Assn. Pittsburgh none thrift 6.44 4.04 3,121 0 85,257
69 BankTennessee Collierville Civitas Bankingroup Inc. Franklin, Tenn. commercial bank 6.4 7.64 8,834 0.8 189,833
70 Concordia Bank Mo. Concordia Banc-Management Mo. commercial bank 6.38 1.07 2,423 0.31 50,404
  Dollar Savings Bank Newark, N.J. none thrift 6.38 2.79 484 0 13,408
72 Genesee Regional Bank Rochester, N.Y. none commercial bank 6.29 5.09 2,011 0.89 46,331
73 Wilton Bank Conn. none commercial bank 6.26 5.19 4,837 0.12 97,941
  Georgia Community Bank Dalton none thrift 6.26 2.2 3,012 2.7 52,827
75 First National Bank of Lindsay Okla. First Lindsay Corp. Okla. commercial bank 6.23 7.75 832 1.25 26,094
  Mason National Bank Tex. Mason National Bancshares Inc. Tex. commercial bank 6.23 1.74 2,258 -0.31 58,441
77 American State Bank Tulsa ASB Corp. Okla. commercial bank 6.21 0.79 492 0.41 12,144
78 Western State Bank Waterloo, Neb. none commercial bank 6.2 8.19 658 1.5 14,235
79 Guaranty National Bank of Tallahassee Fla. Evergreen Bancshares Inc. Tallahassee, Fla. commercial bank 6.18 4.05 3,111 3.19 71,280
  Putnam County National Bank of Carmel N.Y. none commercial bank 6.18 8.58 6,270 1.82 167,967
81 Merchants and Citizens Bank McRae, Ga. none commercial bank 6.11 1.77 3,766 1.09 104,242
82 First National Bank of Waverly Ohio Central Ohio Bancorp Waverly commercial bank 6.09 2.95 5,151 0.98 158,847
  First National Bank of Evant Tex. none commercial bank 6.09 1.14 1,005 1.14 27,021
84 Resource Bank NA De Kalb, Ill. Resource Bancshares Inc. DeKalb, Ill. commercial bank 6.01 5.91 8,261 1.1 215,213
  Upstate National Bank Lisbon, N.Y. K&Z Co. LLC. New York commercial bank 6.01 11.87 3,806 4.3 94,624
86 Western National Bank Colorado Springs, Colo. Sturm Financial Group Inc. Denver commercial bank 6 2.68 23,825 1.88 705,887
  Peak National Bank Nederland, Colo. Peak Banks of Colorado Inc. Nederland commercial bank 6 2.09 8,564 0.16 197,812
  State Bank of Axtell Axtell, Kan. Bern Bancshares Inc. Kan. commercial bank 6 2.13 769 -0.04 21,000
89 Merrick Bank Corp. South Jordan, Utah none commercial bank 5.98 9.9 28,550 16.64 416,040
90 Mancos Valley Bank Colo. Southern Colorado Corp. Pagosa Springs commercial bank 5.95 3.32 1,220 0.42 39,837
91 State Federal Savings and Loan Association of Des Moines Statefed Financial Corp. Des Moines thrift 5.93 2.51 4,499 0.78 89,295
92 Bank of Anguilla Miss. none commercial bank 5.9 7.41 3,440 1.82 84,334
93 DeWitt Bank and Trust Co. Ark. DBT Financial Corp. Dewitt, Ark. commercial bank 5.88 2.46 6,208 3.24 143,723
94 Edgar County Bank and Trust Co. Paris, Ill. Edgar County Banc Shares Paris, Ill. commercial bank 5.86 5.99 6,232 2.5 160,044
95 State Bank of Cairo Neb. none commercial bank 5.85 2.03 2,491 1.9 73,908
  First National Bank of Gilmer Tex. First Gilmer Bankshares Inc. Tex. commercial bank 5.85 5.08 5,875 2.31 173,622
97 Independence Bank East Greenwich R.I. none commercial bank 5.83 NA 1,318 0.24 33,582
98 Southwest National Bank Weatherford, Okla. Southwest Capital Weatherford, Okla.. commercial bank 5.8 1.91 1,278 1.24 39,618
99 Garfield County Bank Jordan, Mont. Garfield County Bancshares Jordan, Mont. commercial bank 5.79 1.25 901 0 27,085
100 First State Bank Imperial, Neb. Midwest Banco Corp. Cozad, Neb. commercial bank 5.74 9.84 1,113 0.66 29,465
  Columbia Savings and Loan Milwaukee none thrift 5.74 3.15 824 0 19,099
102 Community Bank of The Bay Oakland, Calif. none commercial bank 5.71 0.39 1,112 -0.84 37,299
103 Merchants and Farmers Bank Holly Springs, Miss. M&F Bancorp Inc. Holly Springs, Miss. commercial bank 5.7 1.55 2,150 0.64 63,910
104 First State Bank Danville, Va. none commercial bank 5.65 4.61 1,409 0.95 40,499
105 First Federal of South Carolina Walterboro First Carolina Bancshares Walterboro, S.C. thrift 5.64 2.8 3,238 0.07 95,751
106 Gordon Bank Ga. none thrift 5.62 5.82 1,353 1.22 38,040
107 Advance Bank Baltimore none thrift 5.59 1.24 2,559 0.25 80,681
108 Strasburg State Bank N.D. Strasburg Banshares Inc. N.D. commercial bank 5.56 0 1,341 0.83 41,895
109 First Southern Bank Florence, Ala. First Southern Bancshares Florence, Ala. commercial bank 5.55 10.23 4,009 1.42 96,288
110 Arkansas State Bank Siloam Springs Arkansas State Bancshares Inc. Siloam Springs, Ark. commercial bank 5.54 1.07 5,717 1.7 162,988
  State Bank of Streeter N.D. Streeter Insurance Agency N.D. commercial bank 5.54 11.54 292 3.21 8,126
  Home National Bank Racine, Ohio none commercial bank 5.54 4.23 2,059 0.78 53,358
113 First State Bank Parkin, Ark. Parkin Bancorp Inc. Ark. commercial bank 5.53 5.68 683 1.27 22,018
114 Roxbury Bank Kan. Roxbury Bancshares Inc. Kan. commercial bank 5.52 5.56 481 0.67 12,282
115 Cottonport Bank La. Mansura Bancshares Inc, La. commercial bank 5.51 3.6 7,190 0.77 204,106
116 Federation Bank Washington, Iowa Washington Bancorp Iowa commercial bank 5.49 3.31 4,288 2.07 110,847
  Pine Island Bank Minn. Zumbrota Agency Inc. Minn. commercial bank 5.49 4.01 1,314 4.84 44,146
  Fullerton National Bank Neb. Lisco State Co. Neb. commercial bank 5.49 0.49 869 0 22,138
119 Bank and Trust of Puerto Rico Hato Rey none commercial bank 5.48 5.55 21,835 0.9 576,236
120 Midwestone Bank and Trust Co. Oskaloosa, Iowa MidWestOne Financial Group Oskaloosa, Iowa commercial bank 5.47 5.75 11,088 0.46 255,083
  Bank of Waukegan Ill. Northern States Financial Corp. Waukegan, Ill. commercial bank 5.47 3.99 19,651 0.1 689,681
122 First State Bank Colorado Springs, Colo. First State Bancshares Inc. Scotts Bluff, Neb. commercial bank 5.45 0.18 512 0.54 14,410
123 United Security Bank Fresno, Calif. United Security Bancshares Fresno, Calif. commercial bank 5.4 4.44 18,655 0.34 503,912
  First National Bank American East Lansing, Mich. First National Bancshares East Lansing,Mich. commercial bank 5.4 5.26 18,703 1.14 412,768
125 Union Federal Bank of Indianapolis Ind. Waterfield Mortgage Co. Fort Wayne, Ind. thrift 5.37 3.32 136,289 0.94 3,690,967
  Commercial State Bank Wausa, Neb. Wausa Banshares Inc. Neb. commercial bank 5.37 2.96 1,690 0.52 49,912
  National Bank of Geneva N.Y. Financial Institutions Inc. Warsaw, N.Y. commercial bank 5.37 3.09 25,119 2.18 721,374
128 Citizens Bank of Cochran Ga. Putnam-Greene Financial Corp. Eatonton, Ga. commercial bank 5.35 1.34 3,087 1.96 83,988
  Interamerica Bank Albuquerque Fremont Bank Corp. Canton city, Colo. commercial bank 5.35 2.81 908 1.06 26,188
130 Adams County Bank and Loan Co. West Union, Ohio none thrift 5.3 4.23 808 0 25,764
131 First National Bank of DeWitt Ark. Dewitt First Bankshares Corp. Ark. commercial bank 5.28 4.3 2,973 0.85 99,196
  Delta Trust and Bank Parkdale, Ark. Delta Trust and Banking Corp. Little Rock commercial bank 5.28 3.26 6,499 1.27 183,500
  Dakota Western Bank Bowman, N.D. Dakota Western Bankshares Bowman, N.D. commercial bank 5.28 3.62 3,786 0.48 101,361
134 State Bank of Wheaton Minn. Traverse County Investment Corp. Wheaton, Minn. commercial bank 5.25 0 2,477 0.53 66,180
135 First National Bank of Pandora Ohio Pandora Bancshares Inc. Ohio commercial bank 5.24 4.21 3,534 1.61 111,617
136 First National Bank in Munday Tex. First Baird Bancshares Inc. Bedford, Tex. commercial bank 5.22 6.75 1,857 0.17 68,761
137 Village Bank and Trust Co. Martelle, Iowa none commercial bank 5.19 4.15 1,088 0 26,802
  Parkway Bank and Trust Co. Harwood Heights, Ill. Parkway Bancorp Inc. Harwood Heights, Ill. commercial bank 5.19 1.45 59,757 0.07 1,527,327
139 Great Plains National Bank Belfield, N.D. Belfield Bancshares Inc. N.D. commercial bank 5.17 0.55 1,606 0.32 51,429
140 Citrus Bank Vero Beach, Fla. CIB Marine Bancshares Inc. Pewaukee, Wis. commercial bank 5.16 1.37 6,010 -0.21 212,455
  Jasper State Bank Minn. Pipestone County BancorpJasper, Minn. commercial bank 5.16 5.73 685 0.37 17,656
142 National Bank of Harvey N.D. First Bank Holding Co. Harvey, N.D. commercial bank 5.15 4 1,296 0.44 48,438
143 Bowen State Bank Ill. Miles Bancshares Inc. Advance, Mo. commercial bank 5.13 0 593 0 18,000
144 Northern Star Bank Mankato, Minn. Northern Star Financial Inc. Mankato, Minn. commercial bank 5.1 5.25 1,930 0.65 50,319
145 Hamlin National Bank Tex. Hamlin Financial Corp. Tex. commercial bank 5.09 4.69 2,592 0.13 86,533
146 First National Bank of Saint Marys W.Va. First National Bancorp Inc. Saint Marys, W.Va. commercial bank 5.08 7.57 1,261 -0.04 38,653
147 Arlington National Bank Tex. ANB Financial Corp. Arlington, Tex. commercial bank 5.06 0.74 2,838 0.72 90,074
148 Petit Jean State Bank Morrilton, Ark. Petit Jean Bancshares Inc. Morrilton, Ark. commercial bank 5.04 3.71 3,905 1.38 95,062
149 Minden Exchange Bank and Trust Co. Neb. Armstrong Financial Co. Minden, Neb. commercial bank 5.02 5.25 4,385 0.61 130,691
150 Bank of Cave City Ark. Sharp Bancshares Inc. Cave City, Ark. commercial bank 5.01 2.91 3,709 0.4 102,230


Note: Data from preliminary quarterly call reports and thrift financial reports from FDIC and OTS. Excludes foreign holding companies. Excludes instititutions whose assets were less than 50% loans.
*Nonperforming loans and leases as percent of gross loans and leases.
**Chargeoffs, minus recoveries credited to the loan-loss allowance, divided by average loans and leases.
Source: Sheshunoff Information Services, a division of Thomson Corp.
© 2004 American Banker

Banks, thrifts and holding companies