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Community banking

Community Banks with the Highest Returns on Average Equity

May 23, 2022, 2:54 p.m. EDT 1 Min Read
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Community Banks with the Highest Returns on Average Equity
Return on average equity
Rank Name City State Type of charter 1Q 2022 1Q 2021 Total
assets($000)		 Return on
average assets		 Efficiency
ratio
1 Pulaski Savings Bank Chicago Ill. Savings Bank 69.88 0.97 $50,576 6.85 29.83
2 FinWise Bank Murray Utah Commercial Bank 57.48 48.86 419,777 11.07 32.43
3 First Bank Erick Okla. Commercial Bank 46.23 28.61 100,787 4.74 34.01
4 Frontier State Bank Oklahoma City Okla. Commercial Bank 44.26 12.45 494,757 6.49 20.18
5 Peoples Bank Mendenhall Miss. Commercial Bank 41.83 34.55 444,874 4.79 52.46
6 Charter Bank Corpus Christi Tex. Commercial Bank 41.79 30.93 314,209 3.54 45.63
7 Heritage Bank Minnesota West Concord Minn. Commercial Bank 37.70 9.41 80,286 2.89 52.72
8 BOM Bank Natchitoches La. Commercial Bank 34.50 20.67 726,346 3.11 45.91
9 Meramec Valley Bank Ellisville Mo. Commercial Bank 33.75 15.51 150,748 2.66 55.37
10 First Bank of the Lake Osage Beach Mo. Commercial Bank 31.64 70.17 529,972 1.91 73.00
11 First Federal Savings and Loan Bank Olathe Kan. Commercial Bank 31.45 25.07 93,663 4.48 16.29
12 Midwest Bank Detroit Lakes Minn. Commercial Bank 30.98 20.15 677,149 2.60 53.75
13 The Commercial Bank Crawford Ga. Commercial Bank 30.87 28.78 405,190 2.09 45.97
14 M1 Bank Clayton Mo. Commercial Bank 30.31 21.35 671,981 2.70 -12.88
15 VisionBank Saint Louis Park Minn. Commercial Bank 30.07 45.56 182,310 2.52 35.00
16 WoodTrust Bank Wisconsin Rapids Wis. Commercial Bank 29.80 32.57 606,305 2.65 44.95
17 Millennium Bank Des Plaines Ill. Commercial Bank 29.45 22.37 291,215 3.52 47.52
18 First Bank Blue Earth Blue Earth Minn. Commercial Bank 28.08 17.29 310,117 2.08 55.33
19 Main Bank Albuquerque N.M. Commercial Bank 28.04 26.68 249,108 2.20 37.98
20 Citizens State Bank - La Crosse La Crosse Wis. Commercial Bank 28.02 41.79 465,702 2.53 45.51
21 Prime Alliance Bank Woods Cross Utah Commercial Bank 27.09 13.22 579,837 3.08 24.60
22 Home State Bank Jefferson Iowa Commercial Bank 26.88 19.15 348,640 2.30 51.93
23 Auburn Banking Company Auburn Ky. Commercial Bank 26.76 16.43 111,011 2.09 53.84
24 Tolleson Private Bank Dallas Tex. Commercial Bank 26.74 28.33 993,720 1.88 45.96
25 Apex Bank Camden Tenn. Commercial Bank 26.00 34.32 980,372 3.58 30.12
26 Coffee County Bank Manchester Tenn. Commercial Bank 25.86 23.33 264,373 2.63 47.37
Farmers & Merchants Union Bank Columbus Wis. Commercial Bank 25.86 10.17 431,467 3.18 49.32
28 Security State Bank Sutherland Iowa Commercial Bank 25.76 18.01 318,466 2.48 36.01
29 Stone Bank Mountain View Ark. Commercial Bank 25.46 12.62 590,941 2.78 46.79
30 The Citizens National Bank of Bluffton Bluffton Ohio Commercial Bank 24.96 26.18 941,868 2.70 46.11
31 CNB Bank Carlsbad N.M. Commercial Bank 24.94 31.71 493,147 2.19 51.23
32 Capital Community Bank Provo Utah Commercial Bank 24.22 19.56 527,650 3.56 38.79
33 The First State Bank Boise City Okla. Commercial Bank 24.07 47.49 98,478 1.98 49.05
34 Yampa Valley Bank Steamboat Springs Colo. Commercial Bank 24.03 28.20 526,636 1.83 52.67
35 The Bippus State Bank Huntington Ind. Commercial Bank 23.96 31.98 283,016 2.74 50.40
36 First United Bank Park River N.D. Commercial Bank 23.94 10.21 362,583 1.92 61.68
37 Northeast Bank Minneapolis Minn. Commercial Bank 23.80 16.61 758,212 1.96 50.20
38 Odin State Bank Odin Minn. Commercial Bank 23.68 13.87 53,961 2.18 49.87
Quantum National Bank Suwanee Ga. Commercial Bank 23.68 31.53 679,507 2.32 47.82
40 Carson Community Bank Stilwell Okla. Commercial Bank 23.36 6.94 168,096 1.88 62.59
The Cowboy Bank of Texas Maypearl Tex. Commercial Bank 23.36 23.43 120,745 2.46 48.17
42 First Security Bank of Deer Lodge Deer Lodge Mont. Commercial Bank 23.27 44.14 78,834 2.00 46.58
43 Bank of Perry County Lobelville Tenn. Commercial Bank 23.26 18.44 209,788 2.03 51.56
44 Security First National Bank of Hugo Hugo Okla. Commercial Bank 23.22 25.46 138,353 1.98 53.58
45 First IC Bank Doraville Ga. Commercial Bank 23.19 13.73 996,527 2.51 43.35
46 Community State Bank Union Grove Wis. Commercial Bank 23.16 19.00 629,024 1.36 62.13
47 Brighton Bank Salt Lake City Utah Commercial Bank 23.12 23.19 328,537 2.07 52.07
48 The Bank of Hemet Riverside Calif. Commercial Bank 23.06 22.21 998,450 2.07 39.99
49 Solera National Bank Lakewood Colo. Commercial Bank 23.00 16.91 721,946 1.86 35.84
50 BOC Bank Amarillo Tex. Commercial Bank 22.91 19.62 146,246 1.95 45.65
51 Farmers and Merchants State Bank Plankinton S.D. Commercial Bank 22.83 25.14 127,704 2.25 46.56
First Western Bank Booneville Ark. Commercial Bank 22.83 15.41 585,291 2.05 50.70
53 First State Bank Clute Tex. Commercial Bank 22.76 20.82 280,241 2.01 53.18
54 The Commercial National Bank of Brady Brady Tex. Commercial Bank 22.73 10.35 222,228 1.95 60.31
55 Douglas National Bank Douglas Ga. Commercial Bank 22.67 23.40 261,448 2.05 53.53
56 Commercial Bank Ithaca Mich. Commercial Bank 22.65 13.45 626,889 2.02 43.82
57 Murphy Bank Fresno Calif. Commercial Bank 22.58 21.92 359,480 2.67 42.61
58 Frontier Bank of Texas Elgin Tex. Commercial Bank 22.54 11.39 634,245 2.13 51.04
59 Citizens Bank of Las Cruces Las Cruces N.M. Commercial Bank 22.53 22.81 945,409 1.86 54.06
60 Western Commerce Bank Carlsbad N.M. Commercial Bank 22.32 17.13 623,377 1.68 53.44
61 Quaint Oak Bank Southampton Pa. Savings Bank 22.31 12.72 567,752 1.63 55.78
62 Rock Canyon Bank Provo Utah Commercial Bank 22.19 31.22 809,662 1.98 52.41
63 Waypoint Bank Cozad Neb. Commercial Bank 22.06 20.42 356,601 2.12 46.12
64 Pony Express Bank Liberty Mo. Commercial Bank 22.05 23.37 320,346 1.99 50.56
65 PromiseOne Bank Duluth Ga. Commercial Bank 22.01 22.84 584,632 2.48 45.17
66 NewFirst National Bank El Campo Tex. Commercial Bank 21.99 22.97 941,177 2.22 46.83
67 Riverside Bank Sparkman Ark. Commercial Bank 21.86 27.48 63,106 1.99 59.22
68 Harvest Bank Kimball Minn. Commercial Bank 21.83 23.91 207,314 1.54 53.52
Nebraska State Bank Oshkosh Neb. Commercial Bank 21.83 33.35 70,500 2.99 39.68
70 Security State Bank Farwell Tex. Commercial Bank 21.80 14.43 254,815 2.01 40.32
71 Farmers and Merchants State Bank of Appleton Appleton Minn. Commercial Bank 21.78 11.95 61,997 2.40 38.45
72 Bank of Commerce Greenwood Miss. Commercial Bank 21.76 16.10 768,094 1.71 44.33
73 Platinum Bank Oakdale Minn. Commercial Bank 21.74 29.12 479,568 1.66 53.44
74 Bank of DeSoto, National Association Desoto Tex. Commercial Bank 21.72 26.16 259,311 1.90 58.17
75 Farmers State Bank of Alto Pass, Ill. Harrisburg Ill. Commercial Bank 21.68 29.76 328,354 1.73 68.76
76 The Union Bank of Mena Mena Ark. Commercial Bank 21.60 19.53 348,430 1.99 52.46
77 Bank Northwest Hamilton Mo. Commercial Bank 21.52 45.52 201,686 1.85 47.90
78 Truxton Trust Company Nashville Tenn. Commercial Bank 21.47 17.10 862,695 1.93 49.02
79 Dundee Bank Omaha Neb. Commercial Bank 21.43 41.38 510,150 1.98 52.59
80 Commercial National Bank of Texarkana Texarkana Tex. Commercial Bank 21.34 18.38 299,548 1.50 60.72
81 Altamaha Bank and Trust Company Vidalia Ga. Commercial Bank 21.33 15.89 264,072 1.72 58.65
Citizens State Bank Miles Tex. Commercial Bank 21.33 20.14 215,521 1.88 48.28
83 State Bank of New Richland New Richland Minn. Commercial Bank 21.32 29.42 109,310 2.15 43.16
The Farmers State Bank Quinton Okla. Commercial Bank 21.32 12.37 160,575 1.35 71.33
85 Midstates Bank, National Association Council Bluffs Iowa Commercial Bank 21.28 9.74 655,934 1.86 62.82
86 Grant County State Bank Swayzee Ind. Commercial Bank 21.25 21.32 274,655 2.35 27.41
87 Twin River Bank Lewiston Idaho Commercial Bank 21.17 21.74 153,680 1.67 55.74
88 First Community Bank Milton Wis. Commercial Bank 21.09 20.20 136,849 1.87 50.76
89 North Valley Bank Thornton Colo. Commercial Bank 21.08 23.43 229,171 2.37 44.69
90 Intracoastal Bank Palm Coast Fla. Commercial Bank 21.03 17.40 551,554 1.49 53.20
91 First Iowa State Bank Albia Iowa Commercial Bank 20.96 16.18 189,230 1.94 46.70
92 Simmesport State Bank Mansura La. Commercial Bank 20.91 15.81 162,960 2.06 45.57
93 Anstaff Bank Green Forest Ark. Commercial Bank 20.84 15.09 986,343 1.77 52.19
94 Middletown State Bank Middletown Ill. Commercial Bank 20.77 21.31 41,131 1.75 41.08
95 Highland Bank Saint Michael Minn. Commercial Bank 20.71 21.30 646,263 2.01 56.34
Prime Security Bank Karlstad Minn. Commercial Bank 20.71 41.59 107,304 1.86 55.98
97 Flagler Bank West Palm Beach Fla. Commercial Bank 20.70 31.32 501,912 1.87 39.93
98 Bank of Newington Newington Ga. Commercial Bank 20.63 15.28 181,571 1.87 54.97
99 The Citizens National Bank of Somerset Somerset Ky. Commercial Bank 20.62 17.93 613,319 1.42 59.27
100 MRV Banks Sainte Genevieve Mo. Commercial Bank 20.49 19.16 630,796 1.86 39.28
101 CS Bank Eureka Springs Ark. Commercial Bank 20.35 17.00 490,797 1.90 57.50
102 First Central Savings Bank Glen Cove N.Y. Savings Bank 20.31 7.07 805,985 1.90 50.75
103 Legacy Bank Hinton Okla. Commercial Bank 20.30 14.23 797,484 1.33 63.86
104 The Northwestern Bank Chippewa Falls Wis. Commercial Bank 20.25 21.27 640,912 1.67 45.22
105 The First State Bank Louise Tex. Commercial Bank 20.08 22.43 808,549 1.56 52.92
106 American Bank of Beaver Dam Beaver Dam Wis. Commercial Bank 20.03 14.85 184,735 1.71 56.92
107 Peoples State Bank of Velva Velva N.D. Commercial Bank 20.01 6.87 141,733 1.80 62.17
108 Central State Bank Calera Ala. Commercial Bank 19.98 16.57 485,209 1.88 53.14
109 Peoples Bank & Trust Pana Ill. Commercial Bank 19.79 16.04 584,432 1.56 39.20
110 Farmers and Merchants State Bank of Pierz Pierz Minn. Commercial Bank 19.78 30.51 301,358 1.34 58.53
111 Central Bank of Kansas City Kansas City Mo. Commercial Bank 19.76 38.69 326,664 2.54 76.44
112 BankVista Sartell Minn. Commercial Bank 19.66 33.79 458,125 1.92 49.62
113 All America Bank Oklahoma City Okla. Commercial Bank 19.64 17.49 475,496 1.97 54.36
114 Bank of Columbia Columbia Ky. Commercial Bank 19.62 14.38 185,365 1.64 56.46
115 Osgood Bank Osgood Ohio Commercial Bank 19.61 15.20 358,382 1.81 53.92
Wells Bank Platte City Mo. Commercial Bank 19.61 22.29 361,514 1.62 52.49
117 First National Bank of Oklahoma Oklahoma City Okla. Commercial Bank 19.51 20.66 758,349 1.67 51.64
FMS Bank Fort Morgan Colo. Commercial Bank 19.51 18.57 262,839 1.90 65.64
119 The Peoples Bank of Georgia Talbotton Ga. Commercial Bank 19.44 11.72 149,231 1.59 61.51
120 Welch State Bank of Welch, Okla. Welch Okla. Commercial Bank 19.39 19.31 356,939 1.96 58.49
121 Security Bank Midwest Tyndall S.D. Commercial Bank 19.38 27.09 287,085 1.72 55.08
122 Classic Bank, National Association Cameron Tex. Commercial Bank 19.37 19.65 603,386 1.74 54.76
123 Mid-America Bank Baldwin City Kan. Commercial Bank 19.36 32.34 319,537 2.03 48.14
124 Bank of Mauston Mauston Wis. Commercial Bank 19.35 19.72 396,694 2.04 42.25
125 F & C Bank Holden Mo. Commercial Bank 19.27 19.28 308,293 1.98 57.92
126 Citizens Community Bank Winchester Tenn. Commercial Bank 19.25 11.01 307,924 2.13 39.96
Citizens State Bank and Trust Co., Ellsworth, Kansas Ellsworth Kan. Commercial Bank 19.25 11.68 246,896 1.37 60.26
First Community Bank of Tennessee Shelbyville Tenn. Commercial Bank 19.25 43.91 737,157 2.75 45.13
129 The Farmers & Merchants Bank Berlin Wis. Commercial Bank 19.24 18.35 542,143 1.63 39.94
130 First Freedom Bank Lebanon Tenn. Commercial Bank 19.22 15.13 612,321 1.97 42.40
131 FBT Bank & Mortgage Fordyce Ark. Commercial Bank 19.21 25.64 206,752 1.76 61.25
132 Community First Bank of the Heartland Mount Vernon Ill. Commercial Bank 19.20 22.08 262,126 1.76 55.46
133 Farmers Trust & Savings Bank Earling Iowa Commercial Bank 19.11 18.05 132,660 1.48 53.03
134 BankTennessee Collierville Tenn. Commercial Bank 19.09 12.61 543,901 1.57 52.50
SSB Community Bank Strasburg Ohio Commercial Bank 19.09 16.79 175,238 1.43 64.14
136 The First National Bank of Gilbert Gilbert Minn. Commercial Bank 19.06 23.27 68,282 1.16 66.85
137 The First National Bank of Cokato Cokato Minn. Commercial Bank 19.03 17.38 104,638 1.06 60.05
138 Red River State Bank Halstad Minn. Commercial Bank 19.00 37.54 133,348 1.89 38.10
139 The Idabel National Bank Idabel Okla. Commercial Bank 18.97 20.04 223,949 1.93 29.88
140 The First National Bank of Lindsay Lindsay Okla. Commercial Bank 18.96 14.62 83,885 2.17 40.19
141 The Sacramento Deposit Bank Sacramento Ky. Commercial Bank 18.92 14.46 136,464 1.59 56.52
142 Algonquin State Bank Algonquin Ill. Commercial Bank 18.87 3.22 156,585 1.69 59.79
143 Bank of Salem Salem Ark. Commercial Bank 18.85 22.27 177,643 1.98 54.82
144 Community Bank Longview Tex. Commercial Bank 18.74 18.29 290,645 1.95 42.79
Summit State Bank Santa Rosa Calif. Commercial Bank 18.74 17.56 982,678 1.64 52.59
146 InsBank Nashville Tenn. Commercial Bank 18.65 9.44 722,326 1.95 40.15
147 First Southern Bank Florence Ala. Commercial Bank 18.56 16.13 433,264 1.55 51.80
148 ACB Bank Cherokee Okla. Commercial Bank 18.55 21.37 122,974 2.31 41.16
149 Solutions North Bank Stockton Kan. Commercial Bank 18.51 16.75 330,092 2.03 60.73
150 The Stephenson National Bank and Trust Marinette Wis. Commercial Bank 18.46 16.14 664,307 1.54 61.72
151 The Bennington State Bank Salina Kan. Commercial Bank 18.43 14.92 956,709 1.78 42.82
152 Cumberland Security Bank, Inc. Somerset Ky. Commercial Bank 18.40 22.95 295,066 2.37 49.46
Flatirons Bank Boulder Colo. Commercial Bank 18.40 28.00 296,195 1.62 55.43
154 Citizens State Bank Corrigan Tex. Commercial Bank 18.36 17.19 162,773 1.79 52.12
155 New Century Bank Belleville Kan. Commercial Bank 18.35 35.58 60,428 2.39 66.20
The Bank of Advance Advance Mo. Commercial Bank 18.35 17.82 441,444 2.19 47.50
157 American Nation Bank Ardmore Okla. Commercial Bank 18.29 15.96 590,886 1.56 52.68
The Waggoner National Bank of Vernon Vernon Tex. Commercial Bank 18.29 19.06 344,368 2.22 46.34
159 Goodfield State Bank Goodfield Ill. Commercial Bank 18.25 16.66 179,405 2.11 50.00
160 Western State Bank Garden City Kan. Commercial Bank 18.20 25.21 629,925 1.72 50.65
161 Clay City Banking Co. Clay City Ill. Commercial Bank 18.05 8.54 212,239 1.47 52.02
First Colony Bank of Florida Maitland Fla. Commercial Bank 18.05 18.19 297,707 1.42 49.63
Northwest Bank & Trust Company Davenport Iowa Commercial Bank 18.05 21.57 220,997 1.70 73.25
164 The Upstate National Bank Rochester N.Y. Commercial Bank 18.04 11.67 264,519 1.52 39.63
165 CCB Community Bank Andalusia Ala. Commercial Bank 18.01 16.78 600,223 1.69 55.54
Premier Bank Rock Valley Iowa Commercial Bank 18.01 17.57 551,797 2.44 29.76
167 Wauchula State Bank Wauchula Fla. Commercial Bank 18.00 14.55 966,999 1.75 48.76
168 Glenwood State Bank (Incorporated) Glenwood Minn. Commercial Bank 17.99 16.71 468,510 1.41 60.47
169 South Georgia Bank Glennville Ga. Commercial Bank 17.97 16.22 212,458 1.84 53.65
The First State Bank Abernathy Tex. Commercial Bank 17.97 4.77 61,709 1.71 70.95
171 Financial Federal Bank Memphis Tenn. Commercial Bank 17.89 18.04 818,973 2.08 41.57
172 The Citizens State Bank Marysville Kan. Commercial Bank 17.88 15.94 397,957 1.60 43.04
173 Gateway Bank Rison Ark. Commercial Bank 17.78 14.66 110,708 1.67 59.44
174 Pioneer Trust Bank, National Association Salem Ore. Commercial Bank 17.74 18.48 743,369 1.92 36.16
175 Texas National Bank Mercedes Tex. Commercial Bank 17.67 32.70 675,388 1.53 55.88
176 Community First Bank Boscobel Wis. Commercial Bank 17.64 14.06 578,203 1.68 58.23
177 Valor Bank Edmond Okla. Commercial Bank 17.63 33.82 201,418 1.38 69.39
178 Burling Bank Chicago Ill. Commercial Bank 17.59 15.25 213,787 1.70 54.26
179 SouthernTrust Bank Marion Ill. Commercial Bank 17.55 7.31 215,123 1.92 44.54
180 Paradise Bank Boca Raton Fla. Commercial Bank 17.51 31.07 425,464 1.44 66.93
181 Pioneer Community Bank, Inc. Iaeger W.Va. Commercial Bank 17.49 7.69 149,678 2.15 62.28
182 Clear Lake Bank and Trust Company Clear Lake Iowa Commercial Bank 17.41 27.11 559,425 1.32 61.20
State Savings Bank Creston Iowa Commercial Bank 17.41 35.21 158,192 1.66 48.68
184 TrustBank Olney Ill. Commercial Bank 17.39 18.76 414,412 1.50 67.87
185 Town and Country Bank Springfield Ill. Commercial Bank 17.38 13.13 895,160 1.85 54.43
186 Guaranty Bank & Trust Company of Delhi Delhi La. Commercial Bank 17.37 25.27 345,073 1.51 64.77
187 First State Bank Gothenburg Neb. Commercial Bank 17.35 25.07 861,227 1.78 41.04
First State Bank Minnesota Le Roy Minn. Commercial Bank 17.35 7.22 97,870 1.53 54.52
The Bank Jennings La. Commercial Bank 17.35 16.40 372,360 1.73 55.52
190 Security Bank of Southwest Missouri Cassville Mo. Commercial Bank 17.30 32.29 111,707 1.76 55.77
191 De Witt Bank & Trust Co. De Witt Iowa Commercial Bank 17.29 17.18 233,748 1.45 65.71
The Peoples Bank Magnolia Ark. Commercial Bank 17.29 21.08 232,445 1.90 58.31
193 Bank Forward Fargo N.D. Commercial Bank 17.26 16.26 874,391 1.68 66.06
Citizens Guaranty Bank Irvine Ky. Commercial Bank 17.26 9.76 253,641 1.12 76.74
195 Commercial Bank & Trust Company Monticello Ark. Commercial Bank 17.25 13.32 255,952 1.31 61.39
196 Sanibel Captiva Community Bank Sanibel Fla. Commercial Bank 17.24 27.30 797,277 1.01 62.57
197 Farmers Bank and Trust Company Blytheville Ark. Commercial Bank 17.23 18.56 332,074 1.61 53.70
198 Arcadian Bank Hartland Minn. Commercial Bank 17.21 18.87 187,321 2.20 54.34
199 Bank of Milton Milton Wis. Commercial Bank 17.17 21.13 179,651 1.31 53.39
200 Home Bank of California San Diego Calif. Commercial Bank 17.15 20.00 203,570 2.26 52.43

NOTE: List includes independent banks 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. Thrifts are also excluded.

List includes independent banks that were operating as of May 20, 2022. Figures for prior periods are not adjusted for mergers and acquisitions.

© 2022 American Banker

Source: https://www.spglobal.com/en/

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