Community Banks and Thrifts with Highest Returns on Average Equity

July 29, 2009, 3:56 p.m. EDT 1 Min Read

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Community Banks and Thrifts with Highest Returns on Average EquityOn March 31, 2009. Dollars in thousands Published July 30, 2009
Rank		Return on avg. equity		Assets	Return on average assets	Efficiency ratio
Rank		1Q '09	1Q '08	Assets	Return on average assets	Efficiency ratio
1	Grand Rivers Community Bank Grand Chain, Ill.	71.01%	19.11%	$14,610	5.92%	79.38%
2	University Bank Ann Arbor, Mich.	62.96	17.69	149,587	3.24	70.42
3	First Bank Wadley, Ala.	60.61	31.71	66,737	2.54	47.36
4	Peoples Bank and Trust Co. Owenton, Ky.	50.97	23.27	78,062	2.57	44.63
5	State Bank of New Richland Minn.	45.71	29.30	81,813	3.25	37.02
6	Frontier Bank Davenport, Neb.	42.77	11.49	19,732	2.65	49.28
7	Citizens State Bank of Clayton Wis.	41.62	22.18	71,565	3.11	43.23
8	National Bank of Andrews Texas	41.20	27.10	102,808	3.97	55.15
9	Ohio State Bank Marion	40.96	-4.53	150,349	1.88	107.82
10	Luana Savings Bank Iowa	39.47	22.85	300,293	2.42	32.91
11	Bank of Buffalo Ky.	39.45	23.67	62,106	3.38	30.69
12	Greystone Bank Raleigh	39.16	-27.35	644,857	2.94	19.31
13	Bank of Las Vegas N.M.	35.62	40.52	187,100	2.91	43.33
14	Bank of Bloomsdale Mo.	35.49	29.51	174,503	2.95	36.13
15	Goodfield State Bank Ill.	35.44	17.47	61,642	3.49	36.86
16	Charter Bank Corpus Christi	35.34	39.14	151,060	2.03	59.37
17	Welch State Bank Okla.	35.33	28.96	195,907	2.52	44.55
18	First National Bank Fabens, Texas	34.94	32.05	276,830	2.56	43.28
19	Farmers Bank Carnegie, Okla.	34.04	37.07	47,837	3.65	39.48
20	First State Bank Camargo, Okla.	33.94	4.99	33,727	2.61	50.80
21	Community Bank Longview, Texas	33.50	34.30	112,618	2.16	59.10
22	State Bank of Lincoln Ill.	33.18	20.56	188,163	4.00	48.98
23	Bank of Dade Trenton, Ga.	32.52	35.37	92,069	2.22	53.83
24	Union Bank and Trust Co. Livingston, Tenn.	31.70	27.81	76,403	2.95	40.74
25	Heritage State Bank Lawrenceville, Ill.	31.54	27.92	85,389	2.60	52.39
26	Bank of Baker Mont.	31.45	37.61	95,200	2.70	34.98
27	First American Bank Artesia, N.M.	31.27	29.72	611,647	2.35	57.65
	Grapeland State Bank Texas	31.27	9.90	21,963	2.34	72.07
29	First Star Bank Bremond, Texas	31.26	17.48	194,292	2.12	58.56
30	Westside State Bank Westside, Iowa	31.21	14.64	55,659	3.19	55.49
31	Riverside Bank Sparkman, Ark.	31.14	29.38	49,922	2.43	50.98
32	Bank of Rantoul Ill.	30.92	27.23	184,542	2.22	37.60
33	Security First National Bank of Hugo Okla.	30.49	34.04	104,537	2.30	43.71
34	Vermont State Bank Ill.	30.36	33.14	14,414	2.49	43.71
35	Farmers and Merchants Bank of Kendall Wis.	30.04	33.55	53,497	2.98	41.56
36	Morris County National Bank Naples, Texas	29.50	0.33	81,231	2.51	50.89
37	Continental Bank Salt Lake City	29.38	22.30	95,487	3.34	38.32
38	Sound Banking Co. Tacoma	29.22	23.50	50,118	2.29	52.97
39	First National Bank of Burleson Texas	28.97	26.97	173,570	2.38	49.63
40	First National Bank Arcadia, La.	28.90	31.74	185,972	2.09	62.26
41	Bank of Union El Reno, Okla.	28.64	21.04	260,591	2.48	38.05
42	Byron Bank Ill.	28.54	18.32	202,791	2.30	45.98
43	Justin State Bank Texas	28.33	39.98	72,874	2.67	52.11
44	Texas Bank Brownwood	28.31	29.12	310,007	2.56	52.05
45	Bank of Galesville Wis.	28.18	23.72	80,831	3.27	49.18
46	Citizens Bank of Las Cruces N.M.	28.12	28.87	339,114	2.50	58.58
47	Marion County State Bank Pella, Iowa	28.07	24.95	197,713	2.28	35.61
48	First National Bank of Albany Texas	28.04	25.86	324,186	2.42	41.67
49	First State Bank in Temple Okla.	27.94	15.45	23,106	4.98	33.33
50	Oregon Coast Bank Newport	27.72	14.60	125,106	2.23	55.89
51	Brunswick State Bank Neb.	27.69	11.65	60,808	2.58	46.80
52	MontroseBank Colo.	27.38	27.70	187,233	2.71	51.88
53	The Bank Oberlin, Kan.	27.29	30.49	168,325	2.69	33.59
54	Quail Creek Bank Oklahoma City	27.25	30.36	422,764	2.31	47.26
55	Bank of Mauston Wis.	27.08	29.32	212,518	2.74	41.10
56	State Bank of Kimball Minn.	26.97	25.50	68,128	2.32	49.94
57	Almena State Bank Kan.	26.93	10.13	16,521	1.80	78.25
58	First National Bank of Picayune Miss.	26.89	34.12	206,199	2.78	47.37
59	Lyons State Bank Kan.	26.88	8.81	94,635	2.04	57.64
60	Guaranty Bank and Trust Co. Cedar Rapids, Iowa	26.85	5.76	244,576	1.28	71.59
61	Jackson County Bank Black River Falls, Wis.	26.77	24.00	190,352	2.64	41.67
62	Buffalo Ridge Bank Beardsley, Minn.	26.76	25.92	34,085	2.31	51.21
63	Texas Bank Henderson	26.73	27.30	191,354	1.45	59.69
64	First State Bank Stuart, Iowa	26.68	13.41	83,407	2.03	60.29
65	Guaranty Bond Bank Mount Pleasant, Texas	26.62	37.23	758,643	2.10	60.58
66	Wells Bank of Platte City Mo.	26.60	26.08	68,023	2.35	49.00
67	Citizens State Bank Okemah, Okla.	26.57	5.76	131,475	2.08	36.21
68	State Bank of Hawley Minn.	26.47	17.33	80,465	2.37	63.34
69	First State Bank Chico, Texas	25.66	22.02	195,115	1.92	58.82
70	Bank of the Wichitas Snyder, Okla.	25.47	21.44	122,675	1.94	57.26
71	Farmers and Merchants State Bank Plankinton, S.D.	25.44	21.32	68,085	2.40	43.18
72	Minster Bank Ohio	25.39	16.18	280,340	1.97	48.40
73	Elysian Bank Minn.	25.36	24.27	35,585	2.47	41.90
74	First National Bank in Cimarron Kan.	25.35	24.81	65,850	2.06	59.56
75	Alamosa State Bank Colo.	25.30	26.44	137,479	2.58	46.98
76	Lamar Bank and Trust Co. Mo.	25.19	26.61	114,103	2.38	48.24
77	Delta Bank Vidalia, La.	25.17	25.26	194,290	1.80	60.59
78	Farmers State Bank Booneville, Ky.	25.14	14.70	47,989	2.18	59.58
79	Wayne Bank and Trust Co. Cambridge City, Ind.	25.07	19.94	147,626	2.56	47.08
80	Mainland Bank Texas City	25.03	16.33	88,532	2.08	62.41
	Shelby Savings Bank Center Texas	25.03	19.28	219,272	1.76	54.60
	Community Bank Bristow, Okla.	25.03	26.62	64,423	1.75	54.99
83	Morris State Bank Okla.	25.01	27.24	65,338	2.05	57.11
84	Prairie Sun Bank Milan, Minn.	24.94	18.46	27,139	2.05	62.22
85	Brighton Bank Salt Lake City	24.90	33.09	150,708	3.46	50.45
86	First Whitney Bank and Trust Atlantic, Iowa	24.89	24.51	131,541	2.55	34.30
87	Bank of Paxton Neb.	24.85	5.18	15,182	3.54	39.58
	Western Commerce Bank Carlsbad, N.M.	24.85	20.75	320,194	2.32	54.76
89	Farmers and Merchants State Bank of Pierz Minn.	24.84	31.53	172,816	2.06	45.53
	Lone Star State Bank Texas	24.84	24.30	40,598	2.04	47.67
91	Union Bank of Mena Ark.	24.82	25.82	149,140	2.15	61.73
92	Bank McAlester Okla.	24.77	30.86	384,400	1.96	52.18
93	Southwest National Bank Wichita	24.63	24.00	343,610	2.09	53.18
94	Lone Star Bank Moulton, Texas	24.48	6.74	166,317	1.85	64.68
95	First National Bank in Lamar Colo.	24.46	31.70	188,968	2.45	46.84
96	Falcon International Bank Laredo, Texas	24.42	10.45	957,323	1.69	55.87
97	Peoples Bank of Kankakee County Bourbonnais, Ill.	24.41	10.70	167,011	1.83	55.93
98	Clinton State Bank Minn.	24.23	20.09	61,758	2.89	26.99
99	Bank of Whitewater Kan.	24.20	19.97	14,532	2.35	56.31
100	Community State Bank Hennessey, Okla.	24.03	24.62	35,773	2.06	68.15
101	St. Martin Bank and Trust Co. St. Martinville, La.	24.00	19.12	299,143	2.65	50.53
102	Nebraska State Bank Oshkosh	23.87	26.94	39,366	2.17	55.65
103	Central National Bank of Poteau Okla.	23.84	28.27	186,487	2.14	54.39
	State Savings Bank Creston, Iowa	23.84	22.02	43,424	2.10	50.30
105	Horizon Bank Waverly, Neb.	23.83	22.60	118,612	2.46	40.76
106	First National Bank and Trust Co. of Vinita Okla.	23.77	22.23	226,430	2.10	58.72
107	Citizens State Bank of Waverly Minn.	23.75	27.70	57,402	1.95	57.09
108	First National Bank Rosedale, Miss.	23.74	1.49	66,519	3.24	43.08
109	Ohio Legacy Bank Wooster	23.67	0.57	190,132	1.16	103.68
110	Vermillion State Bank Minn.	23.64	27.89	416,323	2.80	24.77
111	Bank Northwest Hamilton, Mo.	23.62	28.67	89,256	1.99	55.14
	Community State Bank Spencer, Iowa	23.62	22.29	107,572	1.65	57.64
113	American Interstate Bank Elkhorn, Neb.	23.56	24.95	105,747	1.86	47.41
114	West Texas State Bank Odessa	23.54	19.70	249,042	2.39	55.51
115	First State Bank Watonga, Okla.	23.53	20.37	39,651	2.61	54.49
116	First Bank and Trust Co. Wagoner, Okla.	23.51	28.30	216,939	1.96	49.69
117	Town and Country Bank of Quincy Ill.	23.48	23.35	115,949	2.28	45.79
118	Centinel Bank of Taos N.M.	23.39	25.66	160,036	1.84	61.23
119	First State Bank Bedias, Texas	23.35	16.70	105,212	2.59	47.02
120	Farmers State Bank Allen, Okla.	23.34	21.37	41,369	2.12	55.60
121	Community Bank Granbury, Texas	23.33	21.85	450,847	2.11	59.92
122	First Bank of Berne Ind.	23.24	22.72	403,851	2.04	47.68
	First State Bank of Golva N.D.	23.24	18.14	52,279	1.92	43.83
124	Heartland Bank Somers, Iowa	23.23	11.49	85,933	2.82	48.87
125	Marseilles Bank Ill.	23.21	19.82	32,907	2.07	59.11
126	First National Bank of Grayson Ky.	23.17	25.73	202,445	1.75	51.20
127	Viking State Bank and Trust Decorah, Iowa	23.16	22.33	98,039	2.18	41.25
128	Belmont Bank and Trust Co. Chicago	23.15	-6.07	137,858	2.03	75.02
129	First State Bank Louise, Texas	23.07	17.19	215,723	1.92	59.27
130	Auburn Banking Co. Ky.	23.06	24.49	62,380	1.97	59.03
131	Mediapolis Savings Bank Iowa	23.05	-9.09	117,736	1.81	46.65
132	Bank of Rothville Mo.	23.03	16.35	44,642	3.11	60.36
133	Security State Bank of Fergus Falls Minn.	22.99	25.12	122,681	1.59	49.92
134	United Community Bank Chatham, Ill.	22.77	18.84	768,203	2.13	43.27
135	Phelps County Bank Rolla, Mo.	22.76	22.50	226,291	1.89	65.93
136	Bank of Commerce Chouteau, Okla.	22.71	26.73	33,284	2.08	61.11
137	South Lafourche Bank and Trust Co. Larose, La.	22.67	26.72	137,188	1.90	57.00
138	Taylor County Bank Campbellsville, Ky.	22.65	21.86	126,934	2.12	57.45
139	Trego-WaKeeney State Bank Wakeeney, Kan.	22.62	27.16	55,768	2.16	40.44
140	Paducah Bank and Trust Co. Ky.	22.59	33.92	494,094	1.92	54.99
141	Corydon State Bank Iowa	22.58	19.77	64,209	3.42	22.87
	Fort Davis State Bank Texas	22.58	23.17	67,814	2.48	71.71
143	Cowboy Bank of Texas Maypearl	22.54	27.65	37,411	2.04	62.75
144	Houston Community Bank	22.51	21.44	233,368	1.97	57.94
	First State Bank Avinger, Texas	22.51	20.89	18,843	1.84	46.12
146	First National Bank of Waseca Minn.	22.40	20.29	112,982	2.25	54.60
147	Community Bank of Cameron Wis.	22.39	17.73	89,807	1.75	54.39
148	Washington State Bank La.	22.24	24.47	121,597	2.49	47.83
149	Vermilion Bank and Trust Co. Kaplan, La.	22.23	26.08	92,897	1.85	60.35
150	Brady National Bank Texas	22.22	17.37	83,376	1.54	66.45

Note: Independent banks and thrifts with less than $1 billion of assets or whose holding companies have less than $1 billion. Excludes industrial banks and those at which loans were less than half of assets or whose credit card loans exceeded 25% of gross loans. List includes independent banks and thrifts that were operating as of June 19, 2009. Figures for prior periods are not adjusted for mergers and acquisitions.

Source:

SNL Financial

, Charlottesville, Va.