Banks and Thrifts with the Highest Adjusted Nonperforming Loan Ratios

April 02, 2018, 12:14 p.m. EDT 1 Min Read

On Dec. 31, 2017. Dollars in thousands.

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						Adjusted nonperforming loan ratio*
Rank	Name	City	State	Parent Name	Company Type	Dec. 31	Year earlier	Nonperformers**	Net chargeoffs***	Assets
1	State Central Bank	Bonaparte	Iowa	Logan Investment Corporation	Commercial Bank	$37.17	$36.29	$7,903	0.24	$39,997
2	Markesan State Bank	Markesan	Wis.	Markesan Bancshares, Inc.	Commercial Bank	24.52	12.95	27,286	2.00	150,229
3	Beach Community Bank	Fort Walton Beach	Fla.	Beach Community Bancshares, Inc.	Commercial Bank	21.67	24.10	69,670	0.34	496,014
4	First State Bank	Barboursville	W.Va.	First Bankshares, Inc.	Commercial Bank	16.40	16.47	21,098	0.75	181,947
5	First City Bank of Florida	Fort Walton Beach	Fla.	Florida First City Banks, Inc.	Commercial Bank	15.95	16.44	18,775	0.19	188,376
6	State Bank & Trust Company	Golden Meadow	La.	SBT Bancshares, Inc.	Commercial Bank	14.92	13.86	13,648	1.33	118,008
7	West Texas State Bank	Snyder	Tex.	WTSB Bancorp, Inc.	Commercial Bank	14.75	21.95	9,771	4.00	122,257
8	Bank of Hazlehurst	Hazlehurst	Ga.	Hazlehurst Investors, Inc.	Commercial Bank	13.53	4.36	9,632	2.42	130,532
9	Carter Bank & Trust	Martinsville	Va.		Commercial Bank	12.41	7.23	333,271	1.57	4,112,292
10	Stonebridge Bank	West Chester	Pa.	Stonebridge Financial Corp.	Commercial Bank	11.66	14.56	5,296	1.79	62,736
11	First State Bank of Swanville	Swanville	Minn.	Swanville Bancshares, Inc.	Commercial Bank	11.27	8.74	1,927	-0.01	26,069
12	Interamerican Bank, A FSB	Miami	Fla.		Savings & Loan Assoc	10.86	11.97	17,420	-0.02	204,750
13	Merchants Commercial Bank	Saint Thomas	V.I.		Commercial Bank	10.57	12.16	10,319	1.05	191,878
14	Lafayette State Bank	Mayo	Fla.		Commercial Bank	10.32	34.13	5,574	1.16	82,133
15	Gateway Bank, F.S.B.	Oakland	Calif.		Savings & Loan Assoc	10.12	12.66	7,842	0.02	119,771
16	First State Bank of Healy	Healy	Kan.		Commercial Bank	10.03	15.88	4,325	3.80	81,822
17	Martinsville First Savings Bank	Martinsville	Va.		Savings & Loan Assoc	9.70	8.81	2,170	0.06	41,552
18	Lake Country Community Bank	Morristown	Minn.	Morristown Holding Company	Commercial Bank	9.66	2.95	1,642	0.13	26,053
19	Security State Bank	Iron River	Wis.	Security Bank Shares, Inc.	Commercial Bank	9.45	11.46	6,219	0.25	92,471
20	Peoples Bank & Trust Company of Hazard	Hazard	Ky.	Hazard Bancorp	Commercial Bank	9.41	10.91	17,957	1.35	246,971
21	First BanCorp.	San Juan	P.R.		Bank Holding Company	9.40	10.49	834,685	1.32	12,261,268
22	Baxter State Bank	Baxter Springs	Kan.	Baxter Bancshares, Inc.	Commercial Bank	9.35	3.71	1,392	1.47	29,199
23	First Credit Bank	Los Angeles	Calif.		Commercial Bank	9.27	9.64	29,485	0.00	460,352
24	First Commercial Bank	Dexter	Mo.	Gideon Bancshares Company	Commercial Bank	8.89	7.30	13,382	0.01	228,224
25	Santander Holdings USA, Inc.	Boston	Mass.	Banco Santander, SA	Bank Holding Company	8.83	6.80	7,354,497	3.00	128,294,029
26	Citizens Savings Bank	Bogalusa	La.		Savings Bank	8.82	9.57	15,693	0.29	222,847
27	St. Landry Homestead Federal Savings Bank	Opelousas	La.		Savings & Loan Assoc	8.81	8.89	14,578	0.18	214,349
28	First NaturalState Bank	McGehee	Ark.	First National Financial Corporation	Commercial Bank	8.71	0.64	2,596	0.03	51,086
29	Fidelity Bank of Florida, National Association	Merritt Island	Fla.		Commercial Bank	8.59	12.02	10,165	0.31	171,382
30	Grand Timber Bank	McGregor	Minn.	McGregor Banco, Inc.	Commercial Bank	8.57	8.08	2,288	0.01	41,638
31	Valley Bank of Nevada	North Las Vegas	Nev.		Commercial Bank	8.51	12.12	6,885	-0.39	128,517
32	Beal Financial Corporation	Plano	Tex.		Savings & Loan HC	8.38	11.65	435,970	1.22	7,402,871
33	Tri-State Bank of Memphis	Memphis	Tenn.		Commercial Bank	8.31	6.47	4,954	0.50	86,651
34	Bank, The	Oberlin	Kan.	Decatur Investment, Inc.	Commercial Bank	8.21	1.06	23,485	0.00	355,965
35	Bank of Washington	Washington	Mo.	Diamond Bancorp, Inc.	Commercial Bank	8.15	10.41	41,669	-0.02	636,075
36	WestSide Bank	Hiram	Ga.		Commercial Bank	8.13	16.83	6,136	0.08	122,496
37	Peoples Bank	Eatonton	Ga.	Peoples Bankshares, Inc.	Commercial Bank	8.10	9.10	6,088	0.12	122,416
38	South Carolina Community Bank	Columbia	S.C.	SCCB Financial Corporation	Commercial Bank	8.09	27.25	2,564	2.18	52,586
39	1st Equity Bank Northwest	Buffalo Grove	Ill.	Northwest Equity Corp.	Commercial Bank	8.08	0.93	2,792	-0.14	42,472
40	Gunnison Valley Bank	Gunnison	Utah	GV Bancorp, Inc.	Commercial Bank	8.07	4.19	5,192	1.63	76,086
41	Urban Partnership Bank	Chicago	Ill.		Commercial Bank	8.01	8.55	28,679	-0.77	472,317
42	Citizens State Bank of Hayfield	Hayfield	Minn.	Country Bankers, Inc.	Commercial Bank	8.00	6.89	5,749	0.02	91,067
43	First Federal Savings and Loan Association of Lorain	Lorain	Ohio		Savings & Loan Assoc	7.99	6.96	19,068	0.02	416,136
44	Farmers & Merchants Bank	Lakeland	Ga.	FMB Bancshares, Inc.	Commercial Bank	7.94	8.28	30,895	0.55	514,938
45	Geauga Savings Bank	Newbury	Ohio	Maple Leaf Financial, Inc.	Savings Bank	7.92	10.74	13,495	-0.04	299,225
46	Thayer County Bank	Hebron	Neb.	Thayer Agency, Inc.	Commercial Bank	7.86	4.41	2,756	-0.06	59,405
47	Putnam County Bank	Hurricane	W.Va.	Putnam Bancshares, Inc.	Commercial Bank	7.84	5.56	30,767	1.77	621,192

Data from preliminary quarterly call reports. Excludes institutions whose loans were less than 50% of assets.
*Nonperforming loans net of the delinquent U.S. government-guaranteed portion, divided by total loans.
**Sum total of nonaccruing loans (excluding debt securities and other assets) and restructured loans, minus the guaranteed portion of nonaccruing loans wholly or partially guaranteed by the U.S. government.
***Chargeoffs, minus recoveries credited to the loan allowance. For savings institutions, net chargeoffs related to specific valuation allowance are included. Divided by average loans and leases.
Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Mar. 30, 2018.
© 2018 American Banker
Source: SNL Financial, Charlottesville, Va. (

www.snl.com

)