Banks and Thrifts with Highest Nonperformer Ratios

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Banks and Thrifts with Highest Nonperformer Ratios

Bank and Thrifts with Highest Nonperformer RatiosOn March 31, 2009. Dollars in thousands
Published September 3, 2009

Rank   Holding company Institution type Ratio* Year earlier Nonperformers Net chargeoffs** Assets
1 Eastern Savings Bank FSB Hunt Valley, Md. none thrift 61.86% 37.22% $485,568 3.77% $1,008,821
2 Corus Bank Chicago Corus Bankshares Inc. commercial bank 48.86 9.27 2,032,560 6.29 7,626,136
3 H&R Block Bank Kansas City, Mo. H&R Block Inc. thrift 46.05 12.80 377,438 5.08 1,278,887
4 City Bank Lynnwood, Wash. none commercial bank 41.64 4.12 435,549 0.03 1,370,683
5 Community Bank of Lemont Ill. FBOP Corp. commercial bank 41.26 2.48 30,443 24.39 85,879
6 Wilton Bank Conn. none commercial bank 39.53 2.38 26,828 3.46 101,604
7 Gordon Bank Ga. none commercial bank 36.07 11.30 7,665 5.51 35,429
8 Security Bank of Gwinnett County Suwanee, Ga. Security Bank Corp. commercial bank 32.39 20.53 68,142 9.14 322,295
9 Towne Bank of Arizona Mesa Towne Bancorp Inc. commercial bank 28.53 7.17 34,825 1.21 142,988
10 Integrity Bank Jupiter, Fla. none commercial bank 28.42 17.29 23,933 18.71 123,539
11 1st American State Bank of Minnesota Hancock West Central Banque Shares Inc. commercial bank 27.63 6.79 4,247 4.77 23,559
12 Mainstreet Bank Forest Lake, Minn. BancMidwest Corp. commercial bank 26.83 6.76 74,381 1.31 505,523
13 Florida Community Bank Immokalee Florida Community Banks Inc. commercial bank 26.42 17.45 155,609 2.49 980,440
14 Beal Bank Nevada Las Vegas Beal Financial Corp. commercial bank 25.33 5.15 543,760 0.02 4,183,680
15 Community Banks of Northern California Tracy Community Bankshares Inc. commercial bank 24.90 3.81 30,011 7.86 178,326
16 The Bank Weatherford, Texas SolutionsBank Corp. commercial bank 24.86 1.24 12,224 0.24 71,922
17 Union Bank Gilbert, Ariz. Heartland Bancshares Inc. commercial bank 24.64 0.32 19,537 17.15 128,563
18 AmTrust Bank Cleveland AmTrust Financial Corp. thrift 24.34 9.72 2,551,079 4.03 14,389,618
19 Central Progressive Bank Lacombe, La. Blossman Bancshares Inc. commercial bank 24.24 6.98 78,274 11.21 423,145
20 Community Bank of Arizona Phoenix Community Bancorp commercial bank 23.76 0.63 20,959 6.95 139,534
21 Security Bank of North Metro Woodstock, Ga. Security Bank Corp. commercial bank 23.58 6.73 37,679 7.11 224,442
22 Community Bank of Nevada Las Vegas Community Bancorp commercial bank 23.51 0.95 294,798 7.00 1,575,415
23 Community National Bank Lino Lakes, Minn. Community Investment Services Inc. commercial bank 23.38 16.61 6,994 6.03 56,077
24 Chestatee State Bank Dawsonville, Ga. Chestatee Bancshares Inc. commercial bank 23.20 8.57 49,163 1.71 277,525
25 Prime Alliance Bank Woods Cross, Utah none commercial bank 22.83 7.94 25,443 22.02 133,579
26 Cortez Community Bank Brooksville, Fla. none commercial bank 22.76 2.26 14,187 1.17 79,758
27 Washington First International Bank Seattle Washington First Financial Group Inc. commercial bank 22.71 0.32 119,419 12.08 660,297
28 Utah Community Bank Sandy Utah Community Bancorp commercial bank 22.65 7.42 8,221 15.35 53,656
29 Mesa Bank Ariz. Capitol Bancorp Ltd. commercial bank 22.32 4.78 30,189 5.00 253,734
30 Ocean Bank Miami Ocean Bankshares Inc. commercial bank 22.04 9.81 744,488 8.43 4,626,122
31 Premier American Bank Miami none commercial bank 21.83 1.36 70,485 0.07 381,073
32 First State Bank of Altus Okla. FSB Bancorp Inc. commercial bank 21.41 0.04 17,926 0.02 105,469
33 Butler Bank MHC Lowell, Mass. Butler Bancorp MHC savings bank 21.12 7.46 52,085 0.37 316,009
34 Century Bank Sarasota, Fla. Century Financial Group Inc. thrift 20.88 7.01 154,917 3.71 899,329
35 Family Federal Savings of Illinois Cicero none thrift 20.83 3.92 11,224 -0.01 61,778
36 Warren Bank Mich. Warren Bancorp Inc. commercial bank 20.40 14.86 86,193 0.71 599,430
37 Barnes Banking Co. Kaysville, Utah Barnes Bancorp. commercial bank 19.86 4.18 137,017 6.73 934,843
38 Bank of Miami Coral Gables, Fla. Granvalor Holding Ltd. commercial bank 19.81 2.11 95,545 2.65 700,301
39 Builders Bank Chicago Builders Financial Corp. commercial bank 19.80 4.82 83,525 2.87 499,045
40 Home Loan Investment Bank FSB Warwick, R.I. Prospect Financial Corp. thrift 19.55 5.75 31,405 1.90 234,455
41 Adams National Bank Washington Abigail Adams National Bancorp Inc. commercial bank 19.46 3.89 45,933 0.22 303,290
42 New South Federal Savings Bank Birmingham, Ala. New South Bancshares Inc. thrift 18.96 5.61 265,957 4.23 1,902,221
43 First East Side Savings Bank Tamarac, Fla. Raddatz Family Limited Partnership thrift 18.55 1.33 10,246 6.30 86,246
44 Flagship National Bank Bradenton, Fla. none commercial bank 18.46 1.76 26,641 6.95 198,476
45 Federal Trust Bank Sanford, Fla. Hartford Financial Services Group Inc. thrift 18.42 10.87 84,457 1.92 580,391
46 Frontier Bank Everett, Wash. Frontier Financial Corp. commercial bank 17.94 1.04 656,373 6.37 4,148,667
47 First DuPage Bank Westmont, Ill. First DuPage Bancorp Inc. commercial bank 17.78 9.57 45,630 -0.20 310,505
48 Doral Bank San Juan, Puerto Rico Doral GP Ltd. commercial bank 17.77 12.86 883,199 0.94 9,005,399
49 Peoples First Community Bank Panama City, Fla. Peoples First Properties Inc. thrift 17.77 4.23 264,748 1.05 2,087,681
50 First Federal Bank of California FSB Los Angeles FirstFed Financial Corp. thrift 17.72 7.86 1,140,772 5.88 6,831,413
51 Holladay Bank and Trust Salt Lake City none commercial bank 17.65 6.10 10,202 0.22 70,523
52 Olde Cypress Community Bank Clewiston, Fla. First Glades Corp. thrift 17.53 2.86 25,210 0.50 171,251
53 Key West Bank Fla. Key West Bancgroup Inc. thrift 17.49 6.00 14,369 1.78 90,237
54 First Coweta Bank Newnan, Ga. none commercial bank 17.39 2.52 21,362 3.54 169,223
55 Reliance Bank FSB Fort Myers, Fla. Reliance Bancshares Inc. thrift 17.36 7.52 14,022 5.83 129,217
56 Desert Hills Bank Phoenix Desert Hills Capital Corp. commercial bank 17.09 1.56 72,123 5.23 514,529
57 Bank of Commerce Wood Dale, Ill. Bancshares Holding Corp. commercial bank 16.94 0.76 32,717 0.05 247,477
58 Capital Community Bank Provo, Utah Capital Community Bancorp. Inc. commercial bank 16.78 2.25 16,193 2.71 141,272
59 Westernbank Puerto Rico Mayaguez W Holding Co. Inc. commercial bank 16.49 4.98 1,474,756 0.28 15,077,814
60 First State Bank Stockbridge, Ga. Henry County Bancshares Inc. commercial bank 16.46 6.56 87,425 1.00 667,519
61 Seattle Bank Seattle Financial Group Inc. savings bank 16.31 3.69 105,497 1.43 775,454
62 Pueblo Bank and Trust Co. Colo. Pueblo Bancorp. commercial bank 16.30 8.13 41,109 0.45 358,947
63 SouthwestUSA Bank Las Vegas SouthwestUSA Corp. commercial bank 16.16 1.27 27,678 0.47 225,815
64 Habersham Bank Clarkesville, Ga. Habersham Bancorp commercial bank 16.15 7.74 52,098 3.34 510,678
65 Liberty Bank Naples, Fla. Liberty Banshares Florida Inc. thrift 15.89 5.30 24,364 0.67 165,552
66 InBank Oak Forest, Ill. I.S.B. Financial Corp. commercial bank 15.88 4.55 26,962 0.55 216,815
67 High Desert State Bank Albuquerque none commercial bank 15.65 3.67 10,833 0.00 91,276
68 Valley Capital Bank Mesa, Ariz. none commercial bank 15.65 0.00 4,520 4.97 43,283
69 Citizens Trust Bank Atlanta Citizens Bancshares Corp. commercial bank 15.64 3.81 33,392 0.31 403,740
70 First Commerce Community Bank Douglasville, Ga. First Commerce Community Bankshares Inc. commercial bank 15.54 3.95 32,882 4.37 288,726
71 Security Exchange Bank Marietta, Ga. SEB Bancorp Inc. commercial bank 15.48 2.15 22,134 0.93 199,845
72 Chevy Chase Bank FSB Bethesda, Md. Capital One Financial Corp. thrift 15.47 2.51 1,862,181 3.24 18,333,681
73 Oconee State Bank Watkinsville, Ga. Oconee Financial Corp. commercial bank 15.43 5.42 29,778 0.02 312,528
74 Bank of Hiawassee Ga. Chatuge Bank Shares Inc. commercial bank 15.40 1.66 50,976 2.64 436,158
75 Republic Federal Bank Miami Privee LLC commercial bank 15.39 5.46 57,556 2.90 472,514
76 Sun Security Bank Ellington, Mo. Sun Financial Corp. commercial bank 15.28 7.99 37,642 2.73 404,425
77 Buckhead Community Bank Atlanta Buckhead Community Bancorp Inc. commercial bank 15.19 3.15 106,328 1.35 972,628
78 Community First Bank Prineville, Ore. Prineville Bancorp. commercial bank 15.15 1.34 22,276 12.89 209,702
79 Bank of Soperton Ga. Soperton Bancshares Inc. commercial bank 15.07 3.99 3,549 2.81 47,095
80 Royal Savings Bank Chicago Royal Financial Inc. savings bank 15.00 5.30 13,690 0.96 100,488
81 First Bank and Trust Co. of Illinois Palatine Hershenhorn Bancorp. Inc. commercial bank 14.99 8.78 37,188 -1.55 360,401
82 Centennial Bank Ogden, Utah Centennial Bankshares Inc. commercial bank 14.95 0.57 27,073 6.53 241,440
83 Mutual Bank Harvey, Ill. First Mutual Bancorp of Illinois Inc. commercial bank 14.93 5.00 201,838 0.20 1,654,211
84 First National Bank of Georgia Carrollton WGNB Corp. commercial bank 14.84 5.22 91,973 1.97 911,571
85 Maritime Savings Bank West Allis, Wis. none thrift 14.78 2.73 47,868 1.77 398,120
86 First Bank of Dalton Ga. FBD Holding Co. Inc. commercial bank 14.72 2.94 13,597 1.06 128,834
87 Ebank Atlanta ebank Financial Services Inc. thrift 14.64 14.62 14,225 0.71 151,621
88 Putnam State Bank Palatka, Fla. Neighborhood Bank Corp. commercial bank 14.49 2.09 22,302 0.31 192,018
89 First State Bank of East Detroit Eastpointe, Mich. First State Financial Corp. commercial bank 14.44 7.22 49,972 1.44 666,782
90 Nexity Bank Birmingham, Ala. Nexity Financial Corp. commercial bank 14.32 3.02 96,025 1.09 1,153,603
91 Brickwell Community Bank Woodbury, Minn. none commercial bank 14.30 0.99 10,187 0.56 81,533
92 First State Bank Wilmot, S.D. Northeast Bancorp Inc. commercial bank 14.29 1.08 3,017 -0.06 40,674
93 Armed Forces Bank Fort Leavenworth, Kan. Dickinson Financial Corp. II commercial bank 14.28 9.02 67,029 5.82 833,062
94 Palm Desert National Bank Calif. Palm Desert Investments commercial bank 14.27 5.63 36,325 6.67 293,428
95 Security Bank North Lauderdale, Fla. CP Capital Bancorp Inc. commercial bank 14.20 7.03 18,760 0.76 164,864
96 Ozark Heritage Bank Mountain View, Ark. none commercial bank 14.14 0.55 965 -2.22 10,717
97 Citizens Bank Cairo, Ga. none commercial bank 14.12 0.70 3,708 2.67 48,702
98 Interamerican Bank FSB Miami Voting Trust-Ferrera Fuentes Pacheco thrift 14.07 3.38 30,297 1.78 260,973
99 Bank 1st Albuquerque Bank 1st Financial Corp. commercial bank 14.02 3.03 9,768 0.40 98,858
100 Hillcrest Bank Florida Naples none commercial bank 14.02 0.00 11,977 0.33 104,145
101 Citizens State Bank New Baltimore, Mich. Citizens State Bancorp Inc. commercial bank 13.97 8.87 20,378 0.81 197,771
102 Texas National Bank Mercedes MNB Ventures Inc. commercial bank 13.97 5.32 7,355 1.37 68,986
103 Community Bank of Manatee Bradenton, Fla. none commercial bank 13.91 6.71 28,340 1.46 257,760
104 Polk County Bank Johnston, Iowa Polk County Bancorp. Inc. commercial bank 13.77 2.58 15,330 1.97 150,828
105 Home Federal Savings Bank Detroit none thrift 13.74 1.92 1,035 0.00 14,174
106 Commerce Bank of Southwest Florida Fort Myers Florida Commerce Bancorp Inc. commercial bank 13.73 1.61 8,482 0.87 74,463
107 Bayside Savings Bank Port St. Joe, Fla. Bayside Financial Corp. thrift 13.60 3.61 7,730 6.19 88,845
108 Embassy National Bank Lawrenceville, Ga. Embassy Bancshares Inc. commercial bank 13.60 7.79 5,303 11.86 52,792
109 MetroBank of Dade County Miami MetroBank Financial Services Inc. commercial bank 13.60 0.30 46,083 0.06 520,174
110 State Bank of Aurora Minn. Aurora Holding Co. commercial bank 13.54 2.98 3,462 1.87 31,783
111 Shoreline Bank Wash. Northwest Community Bancorp commercial bank 13.31 0.45 14,812 0.49 133,850
112 First Arizona Savings Scottsdale FASLA Holding Co. thrift 13.24 2.00 39,437 5.15 349,938
113 Colorado Federal Savings Bank Greenwood Village Silver Queen Financial Services Inc. thrift 13.23 5.07 6,035 8.90 79,517
114 Champion Bank St. Louis Champion Bancshares Inc. commercial bank 13.22 2.87 23,912 3.38 227,295
115 Home Federal Bank of Hollywood Hallandale Beach, Fla. Home Bancgroup Inc. thrift 13.22 4.31 9,190 0.30 85,808
116 MBank Gresham, Ore. Merchants Bancorp commercial bank 13.22 0.22 31,314 0.17 318,980
117 Community Bank and Trust-West Georgia LaGrange Community Bankshares Inc. commercial bank 13.19 3.00 10,930 1.79 135,167
118 Northpointe Bank Grand Rapids Northpointe Bancshares Inc. commercial bank 13.18 6.07 29,805 3.30 271,046
119 BankCherokee St. Paul Cherokee Bancshares Inc. commercial bank 13.16 11.56 19,920 4.24 238,024
120 Park State Bank and Trust Woodland Park, Colo. none commercial bank 13.15 3.11 8,891 -0.04 100,389
121 HomeStreet Bank Seattle HomeStreet Inc. savings bank 13.12 1.37 323,061 1.72 3,071,781
122 Northwest Bank and Trust Acworth, Ga. Northwest Bancshares Inc. commercial bank 13.12 0.72 15,182 0.59 157,310
123 McIntosh Commercial Bank Carrollton, Ga. MCB Financial Group Inc. commercial bank 13.10 3.02 32,243 2.37 366,780
124 R-G Premier Bank of Puerto Rico San Juan R&G Financial Corp. commercial bank 13.10 4.97 760,102 0.49 6,975,845
125 Community National Bank of Sarasota County Venice, Fla. Community National Bank Corp. commercial bank 13.09 5.19 10,498 16.51 95,613
126 First National Bank of Griffin Ga. none commercial bank 13.06 9.98 23,833 2.87 306,201
127 Liberty Bank Salt Lake City none commercial bank 13.03 2.34 1,886 7.03 19,086
128 ISN Bank Cherry Hill, N.J. none commercial bank 12.99 10.95 12,072 0.48 116,821
129 Croydon Savings Bank Pa. none savings bank 12.97 0.00 1,502 0.00 12,917
130 American Metro Bank Chicago American Metro Bancorp Inc. commercial bank 12.96 10.01 9,507 0.02 95,133
131 CornerstoneBank Atlanta Cornerstone Bancshares thrift 12.96 5.46 49,548 1.08 446,274
132 Great Florida Bank Miami Lakes none commercial bank 12.94 2.23 171,780 5.38 1,741,343
133 SouthBank Huntsville, Ala. Commonwealth Savingshares Corp. thrift 12.92 5.18 20,294 0.78 277,278
134 Bank of Florida-Southwest Naples Bank of Florida Corp. commercial bank 12.88 2.36 80,131 4.10 759,603
135 Northside Community Bank Gurnee, Ill. Alikat Investments Inc. commercial bank 12.87 4.85 63,761 0.70 538,649
136 First Federal Bank of North Florida Palatka none thrift 12.82 3.64 47,523 1.56 420,228
137 State Bank of Countryside Ill. SBC Inc. commercial bank 12.80 0.79 84,851 1.92 976,088
138 First Bank West Des Moines FNB Holding Co. commercial bank 12.78 6.85 14,809 0.01 166,673
139 BankSouth Greensboro, Ga. Citizens Financial Services Inc. thrift 12.76 1.56 23,232 2.17 236,198
140 Lighthouse Bank Santa Cruz, Calif. none commercial bank 12.67 0.00 6,248 0.00 70,786
141 Parkway Bank Rogers, Ark. Parkway Bankshares Inc commercial bank 12.66 7.57 10,501 0.94 121,325
142 Premier Bank Rochester, Minn. none commercial bank 12.65 7.77 15,431 -0.01 161,654
143 Sun West Bank Las Vegas Sun West Capital Corp. commercial bank 12.57 0.75 44,638 0.68 430,906
144 First National Bank Midwest Oskaloosa, Iowa IT&S of Iowa Inc. commercial bank 12.54 2.79 11,765 0.73 116,344
145 Busey Bank Fort Myers, Fla. First Busey Corp. commercial bank 12.50 5.19 43,818 2.26 422,711
146 Georgia Heritage Bank Dallas none commercial bank 12.50 0.00 6,931 1.65 94,047
147 Great Eastern Bank of Florida Miami none commercial bank 12.47 7.87 7,646 3.47 78,349
148 Riverview Community Bank Otsego, Minn. American Eagle Financial Corp. commercial bank 12.45 3.94 11,288 1.53 127,337
149 AmericasBank Towson, Md. AmericasBank Corp. commercial bank 12.44 3.88 15,321 0.42 154,924
150 Coastal Bank Cocoa Beach, Fla. Coastal Bancorp. Inc. thrift 12.33 4.23 14,841 0.13 157,047

Notes: Data from preliminary quarterly call reports and thrift financial reports from the FDIC and OTS. Excludes institutions whose loans were less than 50% of assets. Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of July 21, 2009. *Nonperforming loans and leases as percentage of gross loans and leases. **Chargeoffs, minus recoveries credited to the loan allowance, divided by average amount of loans and leases.

Source:

SNL Financial
, Charlottesville, Va.

© 2009 American Banker