Banks and Thrifts with Highest Nonperformer Ratios (Corrected)

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Banks and Thrifts with Highest Nonperformer Ratios (Corrected)

Banks and Thrifts with Highest Nonperformer Ratios (Corrected)
On Dec. 31, 2005. Dollars in thousands
Published May 2, 2006
Rank   Holding company Institution type Ratio* Year earlier Nonperformers Net chargeoffs** Assets
1 Flower Bank FSB Chicago Umbrella Bancorp Inc. thrift 23.36 31.98 8,598 2.26 46,072
2 Eastern Savings Bank FSB Hunt Valley, Md. none thrift 18.34 22.84 144,744 0.17 851,028
3 Louisville Community Development Bank Ky. Louisville Development Bancorp Inc. commercial bank 13.52 10.09 2,046 1.32 33,903
4 Young Americans Bank Denver Young Americans Education Foundation commercial bank 13.00 3.64 13 0.87 14,247
5 Community Bank of Lawndale Chicago IBC Bancorp Inc. commercial bank 12.80 17.95 2,673 0.10 38,843
6 First National Bank of New Holland Ohio Community First Financial Bancorp Inc. commercial bank 12.49 6.42 2,518 3.70 27,820
7 McClave State Bank Colo. none commercial bank 11.96 9.78 1,664 0.44 17,963
8 Borrego Springs Bank La Mesa, Calif. none commercial bank 10.30 6.05 4,686 0.67 88,529
9 First State Bank Danville, Va. none commercial bank 9.77 3.34 2,523 2.26 36,640
10 Unity National Bank of Houston none commercial bank 9.61 2.16 3,377 2.44 55,779
11 Bank of Lake Village Ark. Southeast Arkansas Bank Corp. commercial bank 9.59 18.79 3,304 0.05 53,387
12 WebBank Salt Lake City WebFinancial Corp. commercial bank 9.55 26.20 452 7.55 6,936
13 Farmers Deposit Bank Eminence, Ky. Premier Financial Bancorp Inc. commercial bank 9.45 12.89 4,140 1.41 80,901
14 Progressive-Home Federal Savings and Loan Assn. Pittsburgh none thrift 9.42 6.15 3,348 0.11 68,590
15 First National Bank and Trust Co. in Larned Kan. Pawnee Bancshares Inc. commercial bank 9.06 4.62 2,658 0.40 55,038
16 Imperial Savings and Loan Association Martinsville, Va. none thrift 9.00 5.75 473 1.49 8,832
17 First State Bank of Biggsville Ill. Herky Hawk Financial Corp. commercial bank 8.70 9.84 668 -0.04 15,990
18 First National Bank of Lindsay Okla. First Lindsay Corp. commercial bank 8.57 3.87 1,522 1.02 28,331
  Forrest City Bank Forrest City Financial Corp. commercial bank 8.57 10.44 2,189 2.18 57,288
20 Pine Island Bank Minn. Zumbrota Agency Inc. commercial bank 8.49 9.96 2,408 -0.22 49,197
21 Gulf Federal Bank, A Federal Savings Bank Mobile, Ala. Gulf Financial Holdings Inc. thrift 8.41 3.70 883 0.08 18,848
22 MyLubbockBank Lubbock, Tex. Western Bancshares Inc. commercial bank 8.36 7.51 3,163 3.42 55,469
23 Tri State Bank of Memphis none commercial bank 8.14 4.36 5,084 -0.21 113,215
24 Home Federal Savings Bank Detroit none thrift 8.11 10.32 619 0.00 24,515
25 First National Bank, Henryetta Okla. First Okmulgee Corp. commercial bank 8.07 7.42 2,933 1.67 57,502
26 First National Bank of Brewster Minn. First National Bancorp Inc. commercial bank 8.04 1.24 812 0.40 23,006
27 NorStates Bank Waukegan, Ill. Northern States Financial Corp. commercial bank 8.00 7.58 32,057 0.18 721,561
28 Bank of Commerce and Trust Co. Crowley, La. none commercial bank 7.96 8.40 6,165 0.86 264,929
29 Central Illinois Bank Champaign CIB Marine Bancshares Inc. commercial bank 7.75 8.22 19,678 -0.12 578,840
30 First State Bank of Miami, Texas Miami Bancshares Inc. commercial bank 7.68 3.44 1,036 0.59 27,347
31 Heron Lake State Bank Minn. Heron Lake Bancshares Inc. commercial bank 7.64 5.61 945 3.21 24,062
32 Butte Community Bank Chico, Calif. Community Valley Bancorp commercial bank 7.32 0.02 29,907 0.00 493,368
33 Woodruff Federal Savings and Loan Association Woodruff, S.C. none thrift 7.29 1.76 3,508 0.00 94,942
34 Kent County State Bank Jayton, Tex. Kenco Bancshares Inc. commercial bank 7.28 1.64 1,045 2.73 27,080
35 Farmers State Bank Faith, S.D. Faith Bank Holding Co. commercial bank 7.27 0.00 1,921 0.89 40,202
36 First National Bank in Exeter Neb. McCabe Investments Inc. commercial bank 7.25 9.98 1,112 0.00 26,088
37 First National Bank of St. Ignace Mich. none commercial bank 7.12 3.57 7,403 0.71 190,523
38 Exchange Bank Gibbon, Neb. Exchange Co. commercial bank 7.11 11.89 4,356 0.57 98,661
39 Greater South Texas Bank Falfurrias none commercial bank 7.09 7.51 1,154 0.57 26,464
40 First National Bank of Evant Tex. none commercial bank 7.06 12.13 1,164 1.99 24,312
41 First State Bank Valliant, Okla. none commercial bank 7.02 6.53 2,738 0.59 43,109
42 Traders Bank Spencer, W.Va. Traders Bankshares Inc. commercial bank 6.99 9.64 4,169 6.11 106,129
43 State Bank of Cokato Minn. Cokato Bancshares Inc. commercial bank 6.81 1.29 3,300 3.97 58,929
44 Beal Bank SSB Plano, Tex. Beal Financial Corp. savings bank 6.71 6.39 108,090 0.59 2,200,234
45 Citizens Bank Hickman, Ky. Citizens Bancorp of Hickman Inc. commercial bank 6.69 1.37 3,720 0.93 85,736
46 Clifton Heights Savings and Loan Co. Cincinnati none thrift 6.68 1.78 1,000 0.00 16,261
47 Bank of Leeton Mo. Bancorp V Inc. commercial bank 6.57 0.88 497 0.83 10,339
48 Putnam County National Bank of Carmel N.Y. none commercial bank 6.47 7.77 7,861 2.38 158,336
19 Peoples Bank of Talbotton Ga. none commercial bank 6.41 3.36 459 2.04 18,794
50 EastBank Minneapolis Eastbank Corp. commercial bank 6.39 2.04 1,048 1.77 23,765
51 First Bank and Trust Co. New Orleans Firstrust Corp. commercial bank 6.37 0.94 32,869 0.85 623,358
  Purdum State Bank Neb. none commercial bank 6.37 10.60 920 0.05 18,979
53 CIB Bank Indianapolis CIB Marine Bancshares Inc. commercial bank 6.30 7.99 2,856 -0.01 93,374
54 Dilley State Bank Tex. none commercial bank 6.26 0.60 486 0.44 51,369
55 Owen Community Bank, Savings Bank Spencer, Ind. Home Financial Bancorp thrift 6.22 4.90 3,851 0.53 75,636
56 Citizens Bank of Kansas, NA Kingman King Bancshares Inc. commercial bank 6.15 6.09 5,277 1.13 150,920
57 Alliant Bank Sedgwick, Kan. none commercial bank 6.12 6.09 728 0.22 20,849
58 First Bank Wadley, Ala. Peoples Independent Bancshares Inc. commercial bank 6.03 7.18 1,675 0.36 55,855
59 Karnes County National Bank Karnes City, Tex. none commercial bank 5.99 1.61 1,897 0.12 59,159
60 First National Bank of Catlin Ill. Butler Point Inc. commercial bank 5.98 0.05 690 0.85 42,861
61 United Midwest Savings Bank De Graff, Ohio MSB Capital Corp. thrift 5.90 3.24 11,754 0.25 227,925
62 American Bank and Trust Co. Tulsa none commercial bank 5.89 0.47 4,273 0.07 140,146
63 De Witt Bank and Trust Co. Ark. DBT Financial Corp. commercial bank 5.88 7.44 4,046 0.56 105,690
64 First Credit Bank Los Angeles none commercial bank 5.80 2.31 15,612 0.00 321,918
65 First Bank and Trust Co. of Illinois Palatine Hershenhorn Bancorp. Inc. commercial bank 5.73 8.62 18,225 0.41 479,871
66 First State Bank and Trust Co. of Caruthersville Mo. First State Bancorp Inc. commercial bank 5.63 0.55 12,431 0.62 309,880
67 Clay County State Bank Louisville, Ill. Clay County State Bancshares Inc. commercial bank 5.62 6.04 2,044 0.28 62,302
68 First Enterprise Bank Oklahoma City none commercial bank 5.62 7.48 5,748 0.55 137,621
69 Home National Bank Racine, Ohio none commercial bank 5.62 7.00 2,263 0.67 53,364
  Virgin Islands Community Bank Christiansted none commercial bank 5.62 4.25 1,295 -0.07 71,553
71 Baileyville State Bank Seneca, Kan. Baileyville Bancshares Inc. commercial bank 5.56 5.20 840 -0.07 24,120
72 National Family Bank Munden, Kan. Republic Bancorp Inc. commercial bank 5.55 6.35 455 0.13 16,802
73 Bay Financial Savings Bank FSB Tampa none thrift 5.47 4.11 3,626 0.00 82,782
74 Colchester State Bank Ill. none commercial bank 5.40 3.42 1,136 2.77 35,017
75 Adams County Building and Loan Co. West Union, Ohio none thrift 5.36 4.88 824 0.00 24,400
76 Colorado Mountain Bank Westcliffe Custer Bancorp. commercial bank 5.34 6.45 3,345 -0.13 73,997
77 Hiawatha National Bank Hager City, Wis. Hiawatha Bancshares Inc. commercial bank 5.32 2.56 1,610 0.07 49,301
78 Citizens State Bank Ashland, Kan. none commercial bank 5.26 1.45 348 1.50 10,977
79 Citizens State Bank Miles, Tex. none commercial bank 5.25 4.06 1,145 0.97 36,840
  Laura State Bank Williamsfield, Ill. none commercial bank 5.25 0.40 264 0.20 10,737
81 Peachtree National Bank Peachtree City, Ga. Synovus Financial Corp. commercial bank 5.24 1.41 9,917 0.57 240,068
82 Bank of Blevins Ark. First National Security Co. commercial bank 5.22 2.23 511 0.26 17,726
83 Century Savings and Loan Association Trinidad, Colo. none thrift 5.20 6.02 2,120 0.03 84,232
84 First National Bank Mount Pulaski Ill. First National Financial Corp. commercial bank 5.19 3.10 1,419 0.53 44,720
85 First National Bank, Graford Tex. none commercial bank 5.09 5.07 1,043 1.68 42,004
86 First National Bank of Wamego Kan. Wamego Bancshares Inc. commercial bank 5.08 5.83 3,041 0.21 85,544
87 First State Bank Abernathy, Tex. none commercial bank 5.07 7.17 470 -0.52 21,078
88 Blue Ridge Bank and Trust Co. Independence, Mo. Blue Ridge Bancshares Inc. commercial bank 5.06 4.81 16,511 0.56 467,828
89 Bank of Weston Mo. Wilson Bancshares Inc. commercial bank 5.03 3.43 2,032 1.74 76,794
90 Guaranty Savings and Homestead Association Metairie, La. GS Financial Corp. thrift 5.00 0.78 3,582 0.00 176,144
91 Bank of Gueydan La. Gueydan Bancshares Inc. commercial bank 4.96 1.17 824 0.36 82,137
  Continental National Bank of Harlowton Mont. none commercial bank 4.96 4.18 1,083 0.62 42,594
  First National Bank of America East Lansing, Mich. First National Bancshares Inc. commercial bank 4.96 3.94 13,321 0.52 309,055
  Sumter National Bank S.C. Community Bankshares Inc. commercial bank 4.96 1.43 6,015 1.41 140,672
95 Elkhart State Bank Tex. Elkhart Bancorp. Inc. commercial bank 4.95 2.13 558 4.23 37,060
96 Exchange Bank Mound City, Mo. Exchange Holding Co. commercial bank 4.94 5.81 407 -0.01 19,884
97 American National Bank Parma, Ohio American National Bancorp commercial bank 4.90 3.57 1,351 0.37 33,246
  Citizens Community Bank Decatur Ill. none commercial bank 4.90 5.25 406 0.79 13,397
  First National Bank and Trust London, Ky. First National London Bankshares Corp. commercial bank 4.90 0.81 8,970 0.69 250,400
100 Falfurrias State Bank Tex. Mesquite Financial Services Inc. commercial bank 4.86 0.21 582 0.34 16,124
  First National Bank of Washington Kan. Washington 1st Banco Inc. commercial bank 4.86 4.76 863 0.11 52,308
102 Public Savings Bank Willow Grove, Pa. Public Finance Service Inc. savings bank 4.85 3.41 1,158 0.05 27,135
103 Crescent Bank and Trust New Orleans CBank and Trust Holding Corp. commercial bank 4.83 1.13 14,753 4.44 330,240
  First National Bank of Linden Tex. Linden Bancshares Inc. commercial bank 4.83 4.27 937 0.38 55,242
  Prairie State Bank Augusta, Kan. Prairie Capital Inc. commercial bank 4.83 1.04 8,150 1.18 289,196
106 Mutual Savings Bank Hartsville, S.C. none thrift 4.80 3.31 1,795 0.42 52,978
107 Columbia Savings and Loan Association Milwaukee none thrift 4.78 4.39 805 0.00 19,205
108 American Exchange Bank Elmwood, Neb. American Exchange Co. commercial bank 4.75 4.89 966 0.49 32,648
  Robert Lee State Bank Tex. Robert Lee Bancshares Inc. commercial bank 4.75 0.45 945 0.97 36,764
110 Farmers State Bank Maywood, Neb. Unibanc Corp. commercial bank 4.74 4.75 1,791 0.45 58,517
  Farmers State Bank Schell City, Mo. Farmers Financial Corp. commercial bank 4.74 0.20 2,077 0.13 67,630
112 First National Bank of Goliad Tex. American Bank Holding Corp. commercial bank 4.71 6.43 1,131 1.28 44,584
113 Belmont Savings Bank Bellaire, Ohio none savings bank 4.69 4.48 2,600 0.72 276,644
  Watonga State Bank Okla. Watonga Bancshares Inc. commercial bank 4.69 5.66 1,183 0.13 67,605
115 First Integrity Bank Staples, Minn. First Integrity Bancorp. commercial bank 4.68 3.81 1,782 -0.19 52,715
  First National Bank of Bellevue Ohio First Bancshares Inc. commercial bank 4.68 0.96 3,523 0.04 95,324
117 American Savings Inc. Farmington, Minn. Waseca Bancshares Inc. commercial bank 4.66 3.18 592 0.06 21,779
  Capital Savings Bank El Paso CFS Financial Corp. savings bank 4.66 4.81 1,823 0.27 56,739
  First State Bank Crossett, Ark. Evergreen Bancshares Inc. commercial bank 4.66 3.34 825 1.95 27,067
120 Bank of Gravett Ark. Gravett Bancshares Inc. commercial bank 4.65 2.27 6,712 0.30 246,441
121 Farmers Deposit Bank Middleburg, Ky. Middleburg Bancorp Inc. commercial bank 4.63 4.10 910 0.73 40,789
122 Citizens Bank and Trust Co. of Chicago Citizens Financial Corp. commercial bank 4.62 0.01 2,487 0.05 77,254
123 Merchants and Farmers Bank Holly Springs, Miss. M and F Bancorp Inc. commercial bank 4.56 5.03 1,600 0.43 60,475
  White Hall Bank Ill. Lima Bancshares Inc. commercial bank 4.56 5.28 1,449 0.65 43,644
125 Eudora Bank Ark. Delta Bancshares of Louisiana Inc. commercial bank 4.55 0.16 659 -0.01 30,792
126 State Bank of Downs Kan. B Bank Inc. commercial bank 4.55 0.00 2,123 0.16 53,298
127 Peoples State Bank Winfield, Iowa Peoples Holding Corp. commercial bank 4.52 0.12 474 0.05 22,720
128 Orlando National Bank Longwood, Fla. Liberty Bancorp. commercial bank 4.51 3.36 2,918 -0.03 113,700
129 Bank of Durango Colo. Ameribanc Holdings commercial bank 4.50 8.91 1,148 3.04 34,377
  First National Bank Orange Park, Fla. Ameris Bancorp commercial bank 4.50 0.00 3,934 0.91 118,008
131 Elysian Bank Minn. Elysian Inc. commercial bank 4.49 3.32 963 0.53 33,567
132 Bank of Greensburg La. none commercial bank 4.46 2.80 1,771 1.50 69,684
  Bank of Okolona Miss. Bancorp of Okolona commercial bank 4.46 4.69 1,732 0.68 57,744
  Farmers and Merchants Bank Duke, Okla. none commercial bank 4.46 4.13 192 0.42 12,137
135 interState Net Bank Cherry Hill, N.J. none commercial bank 4.44 0.69 9,280 0.41 252,368
136 Park Bank Holmen, Wis. none commercial bank 4.43 5.95 1,556 0.63 44,709
137 Community Bank of Shelby County Cowden, Ill. Cowden Bancorp Inc. commercial bank 4.41 3.64 848 0.58 52,686
138 First National Bank of Saint Marys W.Va. First National Bancorp Inc. commercial bank 4.38 7.92 1,051 1.81 33,392
139 First Federal Savings Bank Huntington, Ind. Northeast Indiana Bancorp Inc. thrift 4.36 0.98 7,711 0.22 232,523
140 Heritage Bank of Ashland Ky. Independent Community Bancorp Inc. commercial bank 4.35 4.87 2,477 3.02 82,569
  Universal Financial Corp. Salt Lake City Citigroup Inc. commercial bank 4.35 2.39 24,830 7.05 569,889
142 First Guaranty Bank Hammond, La. none commercial bank 4.31 0.78 21,211 0.82 713,760
143 Bank of Greeneville Tenn. BG Financial Group Inc. commercial bank 4.29 1.76 2,783 0.51 87,758
  Capital Crossing Bank Boston none commercial bank 4.29 3.69 36,360 0.32 1,106,158
  Mount Washington Savings and Loan Co. Cincinnati none thrift 4.29 2.94 2,127 0.00 59,153
146 First National Bank of Buhl Minn. Timberland Bancorp commercial bank 4.28 1.74 549 5.73 17,752
147 Merchants and Farmers Bank Melville, La. none commercial bank 4.27 5.21 105 1.48 7,670
  United Southwest Bank Cottonwood, Minn. Empire Bancshares Inc. commercial bank 4.27 2.01 1,039 -0.29 43,455
149 Brotherhood Bank and Trust Co. Kansas City, Kan. International Brotherhood of Boilermakers commercial bank 4.25 6.20 7,871 0.22 464,575
  Equitable Savings and Loan Co. Cadiz, Ohio none thrift 4.25 0.35 120 0.00 12,845

Correction: An earlier version of this table should not have included Hilltop National Bank, which was listed as No. 1, at 23.87%, because of a call-report error. (Its actual ratio was 0.15%.)

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 December chargeoffs, minus recoveries credited to the loan allowance, divided by average loans and leases.

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

© 2006 American Banker