Banks and Thrifts with Highest Nonperformer Ratios

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Banks and Thrifts with Highest Nonperformer Ratios

Banks and Thrifts with Highest Nonperformer Ratios
On March 31, 2006. Dollars in thousands
Published September 20, 2006
Rank   Holding company Institution type Ratio* Year earlier Nonperformers Net chargeoffs** Assets
1 Eastern Savings Bank FSB Hunt Valley, Md. none thrift 17.41% 23.25% $140,015 0.24% $904,601
2 American Savings Inc. New Prague, Minn. Waseca Bancshares Inc. commercial bank 16.48 2.17 579 0.00 3,727
3 First State Bank Danville, Va. none commercial bank 16.41 3.75 4,160 0.69 36,286
4 Flower Bank FSB Chicago Umbrella Bancorp Inc. thrift 14.72 24.09 5,258 0.36 47,590
5 First National Bank of Bellevue Ohio First Bancshares Inc. commercial bank 13.83 0.67 10,478 0.04 91,976
6 Community Bank of Lawndale Chicago IBC Bancorp Inc. commercial bank 13.47 14.73 2,661 -0.24 38,098
7 Progressive-Home Federal Savings and Loan Pittsburgh none thrift 12.06 7.27 4,127 0.00 64,680
8 First National Bank of New Holland Ohio Community First Financial Bancorp Inc. commercial bank 11.75 5.29 2,108 8.25 24,964
9 McClave State Bank Colo. none commercial bank 11.39 11.63 1,656 1.09 18,947
10 Exchange State Bank Hills, Minn. Larch Bancorp. Inc. commercial bank 10.63 0.00 5,460 0.00 68,642
11 EastBank Minneapolis JAG Financial Inc. commercial bank 10.06 5.38 1,316 0.30 23,530
12 Unity National Bank of Houston none commercial bank 9.91 1.35 3,235 1.71 52,975
13 First National Bank and Trust Co. in Larned Kan. Pawnee Bancshares Inc. commercial bank 9.30 7.34 2,647 1.43 54,342
14 Farmers Deposit Bank Eminence, Ky. Premier Financial Bancorp Inc. commercial bank 9.09 12.03 3,854 1.18 82,358
15 Bank of Lake Village Ark. Southeast Arkansas Bank Corp. commercial bank 8.61 18.77 2,508 0.59 53,998
16 First National Bank of St. Ignace Mich. none commercial bank 8.59 4.24 8,741 0.02 186,982
17 Kent County State Bank Jayton, Tex. Kenco Bancshares Inc. commercial bank 8.36 1.37 1,121 -0.50 25,463
18 First National Bank of Henryetta Okla. First Okmulgee Corp. commercial bank 8.34 7.30 2,907 0.13 60,567
19 First National Bank in Exeter Neb. McCabe Investments Inc. commercial bank 8.08 8.14 1,173 0.00 24,199
20 NorStates Bank Waukegan, Ill. Northern States Financial Corp. commercial bank 8.03 8.73 31,888 0.00 706,802
21 MyLubbockBank Tex. Western Bancshares Inc. commercial bank 8.02 26.30 3,114 -0.91 57,549
22 Tri State Bank of Memphis none commercial bank 8.01 5.91 5,039 0.01 114,887
23 Woodruff Federal Savings and Loan Association S.C. none thrift 7.87 1.95 3,930 0.00 95,116
24 Purdum State Bank Neb. none commercial bank 7.61 10.66 1,047 -1.83 18,676
25 Sumter National Bank S.C. Community Bankshares Inc. commercial bank 7.57 1.35 8,706 3.93 137,562
26 Traders Bank Spencer, W.Va. Traders Bankshares Inc. commercial bank 7.51 9.12 4,200 5.72 106,547
27 Douglass National Bank Kansas City, Mo. Douglass Bancorp Inc. commercial bank 7.48 0.54 4,434 1.38 97,419
28 Gulf Federal Bank, A Federal Savings Bank Mobile, Ala. Gulf Financial Holdings Inc. thrift 7.46 3.32 825 0.97 18,868
29 Citizens State Bank of Shakopee Minn. Shakopee Bancorp. Inc. commercial bank 7.42 1.54 902 0.79 22,550
30 Greater South Texas Bank Falfurrias none commercial bank 7.21 6.91 1,190 0.15 26,025
31 Putnam County National Bank of Carmel N.Y. none commercial bank 6.97 7.55 8,207 -0.01 161,746
32 Citizens Bank Hickman, Ky. Citizens Bancorp of Hickman Inc. commercial bank 6.73 6.81 3,679 0.28 85,697
33 Beal Bank SSB Plano, Tex. Beal Financial Corp. savings bank 6.64 6.99 96,445 0.50 2,108,832
34 First State Bank Valliant, Okla. none commercial bank 6.63 6.28 2,592 2.95 45,760
35 First State Bank Shelton, Neb. Shelton Enterprises Inc. commercial bank 6.40 0.63 2,173 0.16 41,853
36 American Bank and Trust Co. Tulsa none commercial bank 6.28 0.51 4,410 -0.01 138,836
37 First National Bank of Lindsay Okla. First Lindsay Corp. commercial bank 6.22 5.10 1,053 11.27 26,235
38 First Credit Bank Los Angeles none commercial bank 6.13 2.29 15,612 0.00 332,969
39 Surety Bank Fort Worth, Tex. Surety Capital Corp. commercial bank 6.12 11.06 1,368 1.12 32,336
40 Alliant Bank Sedgwick, Kan. none commercial bank 6.11 5.78 728 0.07 20,220
41 Baileyville State Bank Seneca, Kan. Baileyville Bancshares Inc. commercial bank 6.02 5.10 892 -0.14 24,030
42 Clifton Heights Savings and Loan Co. Cincinnati none thrift 5.92 4.60 842 0.30 15,940
43 Karnes County National Bank Karnes City, Tex. none commercial bank 5.91 4.03 1,800 0.88 60,509
44 First National Bank of Wamego Kan. Wamego Bancshares Inc. commercial bank 5.77 5.87 3,427 0.03 87,521
45 First National Bank Mount Pulaski Ill. First National Financial Corp. commercial bank 5.73 4.74 1,577 -0.66 44,376
46 Owen Community Bank Savings Bank Spencer, Ind. Home Financial Bancorp thrift 5.70 5.08 3,563 0.26 75,157
47 Citizens Bank of Kansas Kingman King Bancshares Inc. commercial bank 5.66 7.01 4,602 -0.31 142,158
48 First Enterprise Bank Oklahoma City none commercial bank 5.61 4.59 5,712 -0.01 133,985
49 First National Bank of Goliad Tex. American Bank Holding Corp. commercial bank 5.61 5.85 1,314 -0.19 45,493
50 State Bank of Cokato Minn. Cokato Bancshares Inc. commercial bank 5.57 0.68 2,736 0.32 60,343
51 Exchange Bank Gibbon, Neb. Exchange Co. commercial bank 5.56 8.82 3,355 0.78 103,726
52 Home National Bank Racine, Ohio none commercial bank 5.55 6.35 2,263 0.26 54,740
53 First Bank and Trust Co. New Orleans Firstrust Corp. commercial bank 5.48 0.91 24,743 0.01 615,140
54 Columbia Savings and Loan Association Milwaukee none thrift 5.42 3.57 895 0.00 19,821
55 Hiawatha National Bank Hager City, Wis. Hiawatha Bancshares Inc. commercial bank 5.37 2.67 1,581 -0.32 44,679
56 Prairie State Bank Augusta, Kan. Prairie Capital Inc. commercial bank 5.34 0.68 8,749 0.50 274,410
57 United Midwest Savings Bank De Graff, Ohio MSB Capital Corp. thrift 5.32 3.26 10,333 0.19 217,944
58 First National Bank of Buhl Minn. Timberland Bancorp commercial bank 5.32 0.68 710 -0.45 17,892
59 United Security Savings Bank FSB Marion, Iowa United Security Financial Corp. thrift 5.31 3.45 1,921 0.04 45,557
60 First Bank and Trust Co. of Illinois Palatine Hershenhorn Bancorp. Inc. commercial bank 5.29 5.92 16,852 -0.34 476,623
61 Farmers State Bank Schell City, Mo. Farmers Financial Corp. commercial bank 5.21 4.41 2,432 0.00 61,994
62 First National Bank and Trust London, Ky. First National London Bankshares Corp. commercial bank 5.19 1.49 9,538 0.13 248,876
63 Security First Bank Cheyenne, Wyo. First State Bancshares Inc. commercial bank 5.12 1.28 2,140 0.49 64,581
64 State Bank and Trust Co. Harrodsburg, Ky. State Financial Services Inc. commercial bank 5.11 2.74 3,243 0.57 113,237
65 Premier Bank Denver PB Financial Group Inc. commercial bank 5.07 1.68 3,801 -0.16 106,140
66 Park Bank Holmen, Wis. none commercial bank 5.05 6.28 1,777 1.91 42,409
67 First State Bank of Kensington Minn. Kensington Bancorp. Inc. commercial bank 5.03 0.19 2,180 -3.32 70,575
68 Bay Financial Savings Bank FSB Tampa none thrift 4.98 4.76 3,098 0.53 76,024
69 First State Bank of Picher Oklahoma First Picher Bancshares Inc. commercial bank 4.97 3.88 163 0.00 6,057
70 City State Bank of Palacios Tex. City State Bancshares Inc. commercial bank 4.93 4.32 1,308 -0.03 43,233
71 First Guaranty Bank Hammond, La. none commercial bank 4.87 0.76 24,062 -0.08 714,320
72 Clay County State Bank Louisville, Ill. Clay County State Bancshares Inc. commercial bank 4.86 5.24 1,770 0.00 60,905
73 Bay Bank Green Bay, Wis. Bay Bancorp. commercial bank 4.84 0.56 3,495 0.10 98,288
74 Farmers State Bank Faith, S.D. Faith Bank Holding Co. commercial bank 4.82 1.73 1,357 3.90 38,712
75 Pine Island Bank Minn. Zumbrota Agency Inc. commercial bank 4.82 8.99 1,333 0.00 48,495
76 Merchants and Farmers Bank Holly Springs, Miss. M and F Bancorp Inc. commercial bank 4.81 4.70 1,675 0.01 64,571
77 Bank of Durango Colo. Ameribanc Holdings commercial bank 4.76 10.66 1,132 -0.47 27,950
78 WebBank Salt Lake City WebFinancial Corp. commercial bank 4.76 19.10 184 0.00 6,615
79 First Federal Savings Bank Huntington, Ind. Northeast Indiana Bancorp Inc. thrift 4.70 0.81 8,461 0.04 232,562
80 First National Bank of Stratton Colo. Eagle Banks Inc. commercial bank 4.65 1.56 1,461 -0.08 47,073
81 Heron Lake State Bank Minn. Heron Lake Bancshares Inc. commercial bank 4.62 2.28 515 0.72 21,995
82 Bank of Paxton Neb. Beveridge Bancshares Inc. commercial bank 4.59 0.00 676 91.60 21,627
83 United Southwest Bank Cottonwood, Minn. Empire Bancshares Inc. commercial bank 4.57 2.77 1,061 -0.07 42,113
84 Continental National Bank of Harlowton Mont. none commercial bank 4.57 4.39 980 0.13 40,071
85 Citizens Bank and Trust Co. of Chicago Citizens Financial Corp. commercial bank 4.53 0.00 2,503 0.00 73,605
86 Floridian Community Bank Inc. Davie Floridian Community Holdings Inc. commercial bank 4.51 0.00 1,633 0.00 59,836
87 First Gaston Bank of North Carolina Integrity Financial Corp. commercial bank 4.47 1.11 22,033 2.96 666,819
88 Universal Financial Corp. Salt Lake City Citigroup Inc. commercial bank 4.40 2.49 23,704 5.26 535,164
89 De Witt Bank and Trust Co. Ark. DBT Financial Corp. commercial bank 4.40 9.16 2,950 0.78 105,952
90 First State Bank Crossett, Ark. Evergreen Bancshares Inc. commercial bank 4.39 6.33 731 0.02 24,518
91 Citicorp Trust Bank FSB Wilmington, Del. Citigroup Inc. thrift 4.37 2.96 1,636,952 0.30 38,418,251
92 American Bank Welsh, La. Community Bancorp of Louisiana Inc. commercial bank 4.36 2.67 1,499 0.66 60,700
93 State Bank of Chilton Wis. Calumet Bancorp. Inc. commercial bank 4.35 1.40 5,780 0.06 150,091
94 Bank of Blevins Ark. First National Security Co. commercial bank 4.32 1.33 428 0.04 17,744
95 First State Bank Keyes, Okla. First Keyes Bancshares Inc. commercial bank 4.30 4.94 891 0.11 37,002
96 Mutual Savings Bank Hartsville, S.C. none thrift 4.28 3.08 1,579 0.56 52,296
97 State Bank of McGregor Minn. McGregor Banco Inc. commercial bank 4.27 1.85 1,783 -0.02 46,975
98 Bank of Gravett Ark. Gravett Bancshares Inc. commercial bank 4.24 2.64 6,030 0.04 236,895
99 Capital Crossing Bank Boston none commercial bank 4.22 3.85 35,268 0.22 1,026,047
100 Bank of Monticello Wis. none commercial bank 4.21 3.23 2,086 0.02 66,670
101 First Capital Bank Guthrie, Okla. FCB Holdings Inc. commercial bank 4.18 4.11 3,416 -0.24 97,102
102 First Savanna Savings Bank Ill. none savings bank 4.18 2.46 281 0.00 11,570
103 Public Savings Bank Willow Grove, Pa. Public Finance Service Inc. savings bank 4.17 3.00 1,006 0.00 26,703
104 Peachtree National Bank Peachtree City, Ga. Synovus Financial Corp. commercial bank 4.16 1.19 7,810 0.04 238,743
105 Bankhaven Haven, Kan. Wheatland Investments Inc. commercial bank 4.15 1.19 935 0.03 35,052
106 Farmers State Bank of Allen Oklahoma none commercial bank 4.13 0.63 1,037 0.01 33,458
107 American National Bank Parma, Ohio American National Bancorp commercial bank 4.13 6.11 1,086 0.00 31,071
108 Citizens State Bank of Olivia Minn. Kircher Bank Shares Inc. commercial bank 4.07 2.75 770 -0.02 27,136
109 Kit Carson State Bank Colo. Kit Carson Insurance Agency Inc. commercial bank 4.05 2.80 1,134 -0.01 50,686
110 First National Bank of Brownstown Ill. First Brownstown Bancorp Inc. commercial bank 4.05 3.52 543 -0.24 22,122
111 Farmers and Merchants State Bank of Alpha Minn. none commercial bank 4.04 5.43 653 1.07 23,975
112 Gold Country Bank Marysville, Calif. Gold Country Financial Services Inc. commercial bank 4.03 3.36 3,456 -0.07 114,924
113 First State Bank Hordville, Neb. Firstand Co. commercial bank 4.00 4.41 569 -0.03 23,651
114 First National Bank of Manning Iowa Manning Financial Services Inc. commercial bank 3.96 0.02 1,422 -0.18 54,094
115 Security Savings Bank FSB Olathe, Kan. Brittany Savings Corp. thrift 3.95 0.69 21,698 0.00 817,268
116 Banner County Bank Inc. Harrisburg, Neb. Banner County Ban Corp. commercial bank 3.91 0.53 559 -0.08 25,938
117 First National Bank of America East Lansing, Mich. First National Bancshares Inc. commercial bank 3.91 4.57 11,882 0.61 345,957
118 Orlando National Bank Longwood, Fla. Liberty Bancorp. commercial bank 3.90 3.84 2,653 0.13 88,761
119 Citizens State Bank of Cortez Colo. Citizens Financial Corp. commercial bank 3.90 5.58 1,799 0.28 79,356
120 Citizens National Bank Benbrook, Tex. Bryant-Irvin Bancshares Inc. commercial bank 3.87 0.54 3,810 0.47 120,075
121 Mount Washington Savings and Loan Cincinnati none thrift 3.86 3.94 1,930 0.00 58,707
122 Rockhold Brown and Co. Bank Bainbridge, Ohio Rockhold-Brown Bancshares Inc. commercial bank 3.86 3.14 1,020 0.81 33,553
123 Hedrick Savings Bank Ottumwa, Iowa Hedrick Bancorp Inc. commercial bank 3.83 0.53 1,814 -0.14 61,182
124 Moorhead State Bank Iowa MSB Holding Co. Inc. commercial bank 3.81 0.00 455 0.23 14,171
125 InterState Net Bank Cherry Hill, N.J. none commercial bank 3.81 2.53 7,372 1.99 236,107
126 Necedah Bank Wis. Ambanc Financial Services Inc. commercial bank 3.80 4.61 1,137 -0.04 43,175
127 Pueblo Bank and Trust Co. Colo. Pueblo Bancorp. commercial bank 3.79 1.63 10,641 0.02 350,020
128 Peoples Trust Co. of St. Albans Vt. none commercial bank 3.79 3.64 5,009 0.16 204,094
129 Rolette State Bank N.D. none commercial bank 3.78 2.61 632 0.02 30,091
130 First Columbia Bank and Trust Co. Bloomsburg, Pa. Columbia Financial Corp. commercial bank 3.77 0.29 5,226 -0.05 261,117
131 Fidelity National Bank Medford, Wis. Fidelity Bancorp Inc. commercial bank 3.76 2.29 2,592 0.02 92,048
132 Paragon Bank Wells, Minn. Southern Minnesota Bancshares Inc. commercial bank 3.76 2.46 935 1.07 31,579
133 Gulf Coast Bank and Trust Co. New Orleans none commercial bank 3.76 1.33 18,312 -0.11 694,443
134 Citizens State Bank Okemah, Okla. Citizens Bankshares Inc. commercial bank 3.75 4.48 721 0.06 31,014
135 Central National Bank Lynchburg, Va. none commercial bank 3.75 2.32 2,554 -0.09 121,272
136 Valley Bank and Trust Brighton, Colo. Valley Bancorp Inc. commercial bank 3.74 0.11 6,234 -0.01 247,896
137 First National Bank of Columbia Ky. Albany Bancorp Inc. commercial bank 3.73 3.93 4,215 0.77 177,849
138 National Family Bank Munden, Kan. Republic Bancorp Inc. commercial bank 3.72 9.71 345 -0.87 16,681
139 Farmers Security Bank Washburn, N.D. McLean Bank Holding Co. commercial bank 3.71 3.79 530 0.08 27,048
140 Denmark State Bank Wis. Denmark Bancshares Inc. commercial bank 3.70 2.32 10,497 0.02 366,859
141 North Loup Valley Bank Neb. Loup Valley Bancshares Inc. commercial bank 3.69 2.65 327 0.00 16,889
142 Hamlin National Bank Tex. Hamlin Financial Corp. commercial bank 3.69 2.45 2,106 0.62 92,840
143 Iowa Trust and Savings Bank Emmetsburg Emmetsburg Bank Shares Inc. commercial bank 3.69 0.33 2,289 0.37 91,437
144 Bank of Houston Ozark Bancshares Inc. commercial bank 3.68 3.85 1,064 0.55 49,615
145 First Federal Savings Bank Clarksville, Tenn. none thrift 3.65 2.20 4,291 1.02 216,044
146 State Bank of Downs Kan. B Bank Inc. commercial bank 3.64 0.28 1,726 0.00 52,949
147 First National Bank of St. Marys W.Va. First National Bancorp Inc. commercial bank 3.62 8.55 852 2.33 36,570
148 Alden State Bank N.Y. none commercial bank 3.60 4.49 4,113 0.91 183,843
149 Grand Bank of Texas Grand Prairie Casey Bancorp Inc. commercial bank 3.60 1.96 1,665 0.61 78,517
150 Genoa National Bank Neb. none commercial bank 3.59 2.60 1,167 0.35 51,155

Notes: Data from preliminary quarterly call reports and thrift financial reports from the FDIC and OTS. Excludes foreign holding companies and institutions whose assets were less than 50% loans. *Nonperforming loans and leases as percent of gross loans and leases. **January through March chargeoffs, minus recoveries credited to the loan allowance. Divided by average loans and leases.

Source: SNL Financial, Charlottesville, Va. (www.snl.com)

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