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Community Banks with the Highest Returns on Average Equity

November 30, 2020, 1:03 p.m. EST 1 Min Read
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Community Banks with the Highest Returns on Average Equity

Rank Name City State Type of charter Return on
average equity
3Q 2020		 Return on
average equity
3Q 2019		 Total
assets		 Return on
average assets		 Efficiency
ratio
1 One American Bank Sioux Falls S.D. Commercial Bank 262.06 12.82 $301,289 37.61 44.46
2 Magnolia Bank, Inc. Magnolia Ky. Commercial Bank 148.29 65.78 400,460 18.18 57.37
3 Paramount Bank Saint Louis Mo. Commercial Bank 142.74 8.35 217,335 10.31 60.99
4 University Bank Ann Arbor Mich. Commercial Bank 111.46 35.00 613,929 10.85 62.36
5 Bank of England England Ark. Commercial Bank 100.82 34.90 585,985 15.45 72.08
6 Willamette Valley Bank Salem Ore. Commercial Bank 85.50 45.01 383,470 12.06 55.58
7 Chickasaw Community Bank Oklahoma City Okla. Commercial Bank 80.98 7.41 263,147 8.53 40.91
8 Goldwater Bank, N.A. Phoenix Ariz. Commercial Bank 80.81 76.64 306,142 7.93 76.35
9 First Community Bank of Tennessee Shelbyville Tenn. Commercial Bank 68.59 17.37 813,778 9.33 54.00
10 Midwest Community Bank Freeport Ill. Commercial Bank 66.73 33.93 381,225 6.12 67.98
11 Brighton Bank Brighton Tenn. Commercial Bank 64.84 8.05 46,505 4.45 73.55
12 Flanagan State Bank Flanagan Ill. Commercial Bank 64.39 22.39 215,258 7.58 65.24
13 Florida Capital Bank, N.A. Jacksonville Fla. Commercial Bank 61.97 24.82 529,741 6.40 46.72
14 Bank of Montana Missoula Mont. Commercial Bank 55.80 27.31 162,306 4.74 24.62
15 Fidelity Bank West Des Moines Iowa Commercial Bank 55.72 21.74 99,403 7.06 61.25
16 Crockett National Bank San Antonio Tex. Commercial Bank 52.76 28.34 691,512 7.19 51.71
17 Charter West Bank West Point Neb. Commercial Bank 50.38 30.15 347,651 5.09 61.89
18 Texico State Bank Texico Ill. Commercial Bank 49.79 3.96 11,297 4.74 61.40
19 Envision Bank Stoughton Mass. Savings Bank 49.55 6.36 725,171 5.79 45.05
20 Citizens State Bank of La Crosse La Crosse Wis. Commercial Bank 46.07 35.09 377,916 4.02 32.62
21 Home Savings Bank Madison Wis. Savings Bank 45.21 0.16 177,833 4.16 79.60
22 Millennium Bank Des Plaines Ill. Commercial Bank 44.59 20.26 217,453 4.51 44.39
23 FinWise Bank Murray Utah Commercial Bank 43.53 53.53 314,560 5.27 52.26
24 Allied First Bank,sb Oswego Ill. Savings Bank 41.46 54.47 142,020 4.76 90.80
25 Evolve Bank & Trust Memphis Tenn. Commercial Bank 39.73 15.48 646,885 3.26 78.00
26 First State Bank of St. Charles, Missouri Saint Charles Mo. Commercial Bank 39.41 19.04 452,044 4.98 64.86
27 Austin Capital Bank SSB Austin Tex. Savings Bank 39.06 0.95 226,474 2.99 79.62
28 Brazos National Bank Richwood Tex. Commercial Bank 38.87 13.58 42,183 10.26 68.69
29 Park State Bank Duluth Minn. Commercial Bank 37.94 15.08 228,031 3.43 61.73
30 SouthernTrust Bank Marion Ill. Commercial Bank 37.43 5.14 192,955 2.98 35.62
31 Texas National Bank Mercedes Tex. Commercial Bank 36.43 14.65 419,706 2.93 48.61
32 Central Bank of Kansas City Kansas City Mo. Commercial Bank 35.41 35.12 288,330 5.13 51.64
33 First Bank Burkburnett Tex. Commercial Bank 35.04 26.25 544,197 3.72 59.22
34 Peoples Bank Mendenhall Miss. Commercial Bank 34.12 26.74 426,625 3.30 54.20
35 Texas Bank Financial Weatherford Tex. Commercial Bank 33.98 28.54 504,933 3.46 54.93
36 1st National Bank Lebanon Ohio Commercial Bank 33.96 8.79 258,354 2.70 59.11
37 Bloomsdale Bank Bloomsdale Mo. Commercial Bank 33.53 27.05 302,609 2.93 35.15
38 Bank of Cordell Cordell Okla. Commercial Bank 33.45 19.56 39,080 3.81 67.65
39 Home Bank and Trust Company Eureka Kan. Commercial Bank 32.99 22.72 134,199 2.51 58.53
40 Legacy Bank & Trust Company Rogersville Mo. Commercial Bank 32.50 9.81 524,997 2.56 34.94
41 Lake Area Bank Lindstrom Minn. Commercial Bank 32.33 15.89 430,402 3.69 63.40
42 Sherburne State Bank Becker Minn. Commercial Bank 32.21 26.09 178,666 2.37 43.37
43 West Gate Bank Lincoln Neb. Commercial Bank 31.61 19.95 897,348 3.15 48.05
44 First State Bank Boise City Okla. Commercial Bank 31.43 24.16 92,362 2.59 43.58
45 Guaranty Bank & Trust Company of Delhi Delhi La. Commercial Bank 31.19 27.75 315,011 2.43 53.72
46 Equitable Bank, S.S.B. (MHC) Wauwatosa Wis. Savings Bank 30.91 10.21 302,638 2.46 66.56
47 Dundee Bank Omaha Neb. Commercial Bank 30.79 21.99 392,702 2.67 52.96
48 HNB National Bank Hannibal Mo. Commercial Bank 30.52 22.08 587,736 3.86 36.69
49 Apex Bank Camden Tenn. Commercial Bank 30.45 19.89 872,746 3.48 33.32
50 First State Bank Elmore City Okla. Commercial Bank 30.35 21.86 19,445 3.20 90.06
51 First State Bank Scottsbluff Neb. Commercial Bank 30.31 21.07 334,569 2.81 42.54
52 WoodTrust Bank Wisconsin Rapids Wis. Commercial Bank 28.66 30.59 522,939 2.98 41.98
53 Farmers and Merchants State Bank of Blooming Prairie Blooming Prairie Minn. Commercial Bank 28.56 27.01 100,859 2.18 52.53
54 First State Bank Louise Tex. Commercial Bank 28.40 26.58 613,346 2.57 46.74
55 Collins State Bank Collins Wis. Commercial Bank 28.33 15.42 112,989 2.59 56.01
56 Vantage Bank Kent Minn. Commercial Bank 28.30 17.83 42,435 2.61 53.09
57 Wells Bank Platte City Mo. Commercial Bank 28.14 22.17 272,328 2.62 42.42
58 Valor Bank Edmond Okla. Commercial Bank 28.06 22.91 127,398 2.19 66.59
59 New Market Bank Elko New Market Minn. Commercial Bank 28.00 11.83 157,466 1.97 55.28
60 Bank of Deerfield Deerfield Wis. Commercial Bank 27.98 17.28 172,828 3.42 42.54
61 Security Bank and Trust Company Miami Okla. Commercial Bank 27.94 1.00 91,630 2.90 54.53
62 Aspire Bank Fargo N.D. Commercial Bank 27.80 2.13 54,238 2.28 45.63
63 Citizens State Bank Miles Tex. Commercial Bank 27.78 22.59 170,015 2.64 43.43
64 Vinings Bank Smyrna Ga. Commercial Bank 27.68 15.17 699,276 1.73 50.24
65 RiverHills Bank Milford Ohio Commercial Bank 27.64 15.80 240,885 1.81 67.23
66 Quantum National Bank Suwanee Ga. Commercial Bank 27.54 27.56 651,784 2.71 41.63
67 Goodfield State Bank Goodfield Ill. Commercial Bank 27.45 18.22 153,177 3.36 39.47
68 Citizens Bank and Trust Lake Wales Fla. Commercial Bank 27.32 13.68 871,913 2.30 72.96
69 Charter Bank Corpus Christi Tex. Commercial Bank 27.18 30.54 317,600 2.89 46.74
70 Farmers & Merchants Bank Berlin Wis. Commercial Bank 26.93 10.63 391,496 2.70 44.44
71 Peoples Bank & Trust Company Ryan Okla. Commercial Bank 26.85 47.77 82,381 2.17 51.69
72 Heritage Bank, National Association Spicer Minn. Commercial Bank 26.77 15.09 485,489 2.49 59.83
73 Crown Bank Edina Minn. Commercial Bank 26.74 20.59 245,372 2.55 51.68
74 Bank of Old Monroe Old Monroe Mo. Commercial Bank 26.53 15.63 484,217 3.95 44.23
75 Douglas National Bank Douglas Ga. Commercial Bank 26.49 27.19 218,343 2.89 46.09
76 Bank of Prague Prague Neb. Commercial Bank 26.41 31.71 32,461 3.66 38.52
77 Bank of Lake Mills Lake Mills Wis. Commercial Bank 26.31 23.37 245,263 3.31 49.45
78 North Shore Bank of Commerce Duluth Minn. Commercial Bank 26.20 23.29 360,391 2.48 64.98
79 Flint Community Bank Albany Ga. Commercial Bank 26.18 17.28 281,254 1.97 52.01
80 Madison Valley Bank Ennis Mont. Commercial Bank 26.12 14.92 239,707 2.23 65.74
81 Bippus State Bank Huntington Ind. Commercial Bank 26.11 22.61 214,958 2.94 49.05
82 Western Commerce Bank Carlsbad N.M. Commercial Bank 26.04 30.87 556,274 1.94 49.15
83 Arbor Bank Nebraska City Neb. Commercial Bank 25.94 15.41 465,414 1.85 66.04
84 Patriot Bank Millington Tenn. Commercial Bank 25.93 13.05 467,583 2.42 53.01
85 First Community Bank Milton Wis. Commercial Bank 25.91 16.49 126,636 2.55 42.84
86 Farmers and Merchants Bank Maysville Okla. Commercial Bank 25.78 34.71 20,550 2.02 60.44
87 Jonah Bank of Wyoming Casper Wyo. Commercial Bank 25.72 14.78 526,604 2.40 44.80
88 Idabel National Bank Idabel Okla. Commercial Bank 25.66 22.24 151,072 2.74 36.54
89 Tolleson Private Bank Dallas Tex. Commercial Bank 25.56 31.08 620,906 2.16 45.35
90 Security Bank USA Bemidji Minn. Commercial Bank 25.52 22.06 193,417 2.20 59.51
91 Huntingdon Valley Bank Doylestown Pa. Savings Bank 25.32 4.50 505,903 1.81 63.84
92 SouthPoint Bank Birmingham Ala. Commercial Bank 25.25 15.79 557,083 2.18 62.13
93 First Reliance Bank Florence S.C. Commercial Bank 25.20 11.45 779,917 2.54 51.47
94 State Bank of New Richland New Richland Minn. Commercial Bank 25.11 25.24 113,305 2.66 39.59
95 Sanibel Captiva Community Bank Sanibel Fla. Commercial Bank 25.05 23.29 566,673 1.70 53.01
96 First State Bank of the Southeast, Inc. Middlesboro Ky. Commercial Bank 25.03 -22.25 351,127 2.31 45.37
97 Northwest Bank & Trust Company Davenport Iowa Commercial Bank 24.79 32.71 229,247 1.89 61.36
98 ESB Bank Caledonia Minn. Commercial Bank 24.77 17.78 129,790 2.40 43.88
99 Great North Bank Florence Wis. Commercial Bank 24.76 6.83 143,245 2.38 74.38
100 Citizens National Bank of Bluffton Bluffton Ohio Commercial Bank 24.72 22.74 953,806 2.50 50.12
101 CNB Bank Carlsbad N.M. Commercial Bank 24.70 24.85 483,405 2.34 45.24
102 NewFirst National Bank El Campo Tex. Commercial Bank 24.68 23.43 817,101 2.72 46.97
103 Farmers State Bank Quinton Okla. Commercial Bank 24.67 14.07 128,689 2.02 69.54
104 Cumberland Security Bank, Inc. Somerset Ky. Commercial Bank 24.52 23.48 264,099 3.20 40.16
105 First Northern Bank of Wyoming Buffalo Wyo. Commercial Bank 24.50 17.85 488,033 2.06 55.60
106 Dart Bank Mason Mich. Commercial Bank 24.32 7.09 613,525 2.17 57.32
107 CS Bank Eureka Springs Ark. Commercial Bank 24.31 21.15 401,638 1.78 56.73
108 First Bank of Berne Berne Ind. Commercial Bank 24.28 19.99 864,370 2.41 43.70
109 Riverside Bank Sparkman Ark. Commercial Bank 24.27 27.61 63,470 2.14 54.61
110 First Community Bank of Central Alabama Wetumpka Ala. Commercial Bank 24.26 29.41 470,527 1.98 47.91
111 Charlevoix State Bank Charlevoix Mich. Commercial Bank 24.20 21.63 259,442 2.01 57.72
112 Old Fort Banking Company Old Fort Ohio Commercial Bank 24.07 19.33 688,964 1.90 49.88
113 First Peoples Bank of Tennessee Jefferson City Tenn. Commercial Bank 23.85 9.25 181,495 2.07 72.91
114 Financial Security Bank Kerkhoven Minn. Commercial Bank 23.79 12.30 123,683 1.93 55.36
115 Genesee Regional Bank Rochester N.Y. Commercial Bank 23.72 15.94 746,410 2.49 41.85
116 Sabal Palm Bank Sarasota Fla. Commercial Bank 23.69 8.22 382,390 1.74 48.29
117 Waterman State Bank Waterman Ill. Commercial Bank 23.58 1.32 62,332 2.30 60.96
Bank Northwest Hamilton Mo. Commercial Bank 23.58 24.52 182,272 2.09 48.75
119 Great Plains National Bank Hollis Okla. Commercial Bank 23.52 20.19 952,668 2.16 69.01
120 Henderson State Bank Henderson Neb. Commercial Bank 23.49 -6.20 281,773 2.79 55.51
121 First Missouri State Bank of Cape County Cape Girardeau Mo. Commercial Bank 23.48 11.86 177,986 2.11 56.01
Sound Banking Company Lakewood Wash. Commercial Bank 23.48 25.16 67,035 2.08 50.24
123 Cowboy Bank of Texas Maypearl Tex. Commercial Bank 23.41 23.67 96,442 2.65 49.73
124 NBC Oklahoma Oklahoma City Okla. Commercial Bank 23.38 12.75 750,065 1.96 74.75
125 Platinum Bank Oakdale Minn. Commercial Bank 23.35 17.59 396,242 1.72 50.62
126 Sterling Bank Barron Wis. Commercial Bank 23.34 21.77 288,854 1.94 50.28
127 Bank of Baker Baker Mont. Commercial Bank 23.26 18.31 169,143 2.23 34.97
Deerwood Bank Waite Park Minn. Commercial Bank 23.26 13.72 907,703 2.16 40.58
129 Elysian Bank Elysian Minn. Commercial Bank 23.16 21.86 53,976 2.60 51.68
130 Bank of Hemet Riverside Calif. Commercial Bank 23.13 25.29 854,584 2.33 39.51
131 Bank of Salem Salem Ark. Commercial Bank 23.07 12.79 160,492 2.42 50.01
132 Midwest Bank Detroit Lakes Minn. Commercial Bank 23.05 21.55 611,606 1.97 44.06
133 Logansport Savings Bank Logansport Ind. Commercial Bank 22.99 10.28 223,485 2.78 44.99
Seattle Bank Seattle Wash. Savings Bank 22.99 10.96 730,682 2.36 93.44
135 Plains State Bank Plains Kan. Commercial Bank 22.92 2.38 252,746 2.29 51.92
136 Farmers State Bank of Alto Pass, Ill. Harrisburg Ill. Commercial Bank 22.90 15.03 318,062 1.63 68.14
137 Yampa Valley Bank Steamboat Springs Colo. Commercial Bank 22.81 28.11 425,857 1.97 46.69
138 First National Bank of Oklahoma Oklahoma City Okla. Commercial Bank 22.74 22.33 618,029 1.95 46.45
Phelps County Bank Rolla Mo. Commercial Bank 22.74 25.16 434,043 1.84 60.86
140 Ixonia Bank Ixonia Wis. Commercial Bank 22.71 6.21 506,536 2.41 78.61
141 Cornerstone Bank Overland Park Kan. Commercial Bank 22.56 19.12 278,467 2.00 45.25
142 Bank of Mauston Mauston Wis. Commercial Bank 22.52 22.48 342,268 2.89 39.07
143 Bank of Milton Milton Wis. Commercial Bank 22.50 15.09 156,406 2.14 47.79
144 Coleman County State Bank Coleman Tex. Commercial Bank 22.47 26.68 147,213 2.05 60.43
145 Main Bank Albuquerque N.M. Commercial Bank 22.42 22.93 207,888 1.67 46.10
146 First Bank of Owasso Owasso Okla. Commercial Bank 22.36 21.45 530,067 2.24 41.46
147 Titan Bank, N.A. Mineral Wells Tex. Commercial Bank 22.32 27.71 326,034 1.71 44.05
148 Community Bank Topeka Kan. Commercial Bank 22.21 20.56 133,054 2.06 47.38
Core Bank Omaha Neb. Commercial Bank 22.21 8.04 703,207 1.82 65.66
150 First Federal Savings and Loan Bank Olathe Kan. Commercial Bank 22.17 29.17 98,846 2.75 26.26
151 Grundy Bank Morris Ill. Commercial Bank 22.08 23.38 319,907 2.21 49.92
152 National Bank of Andrews Andrews Tex. Commercial Bank 21.96 22.54 242,685 2.21 57.76
153 BANK Wapello Iowa Commercial Bank 21.82 4.74 100,364 2.72 57.09
HomeTown Bank Redwood Falls Minn. Commercial Bank 21.82 15.97 451,862 2.19 51.17
155 Commercial State Bank of Wagner Wagner S.D. Commercial Bank 21.79 12.90 206,581 2.29 40.36
156 Crescent Bank & Trust New Orleans La. Commercial Bank 21.73 2.34 926,233 2.95 45.44
157 Delta Bank Vidalia La. Commercial Bank 21.62 26.59 368,742 1.87 57.33
158 First National Bank of Waseca Waseca Minn. Commercial Bank 21.55 20.19 154,674 2.02 60.60
159 First Security Bank of Deer Lodge Deer Lodge Mont. Commercial Bank 21.50 29.99 58,997 1.90 47.13
160 Coffee County Bank Manchester Tenn. Commercial Bank 21.48 20.48 223,800 2.42 42.45
161 Bank of Little Rock Little Rock Ark. Commercial Bank 21.46 7.43 236,598 2.09 78.32
162 Peoples Bank Pratt Kan. Commercial Bank 21.45 5.95 468,816 2.66 48.91
163 State Bank of Texas Dallas Tex. Commercial Bank 21.44 24.93 958,506 3.45 25.49
164 HomeBank Texas Seagoville Tex. Commercial Bank 21.43 20.28 255,975 2.12 48.11
165 Pine Island Bank Pine Island Minn. Commercial Bank 21.42 19.70 117,062 2.19 43.57
166 Countybank Greenwood S.C. Commercial Bank 21.40 19.36 543,950 1.62 74.64
167 Fidelity Bank Edina Minn. Commercial Bank 21.38 13.65 971,866 2.66 29.63
168 Security State Bank Sutherland Iowa Commercial Bank 21.34 35.69 258,816 2.12 35.05
169 Midwest Regional Bank Festus Mo. Commercial Bank 21.27 13.04 867,283 1.73 48.27
170 Alliant Bank Madison Mo. Commercial Bank 21.26 15.74 173,461 2.32 62.00
Valley Bank of Commerce Roswell N.M. Commercial Bank 21.26 25.69 198,025 2.01 38.80
172 First National Bank and Trust Phillipsburg Kan. Commercial Bank 21.15 7.13 245,613 3.26 46.91
173 Raccoon Valley Bank Perry Iowa Commercial Bank 21.10 14.01 330,417 1.88 56.92
174 Cleveland State Bank Cleveland Wis. Commercial Bank 21.04 14.51 153,149 2.39 47.21
175 United Midwest Savings Bank, National Association De Graff Ohio Commercial Bank 20.98 22.15 356,286 2.23 67.66
Lowry State Bank Lowry Minn. Commercial Bank 20.98 27.55 57,374 1.72 61.67
177 Dakota Community Bank & Trust, National Association Hebron N.D. Commercial Bank 20.96 24.22 903,784 1.88 54.94
178 Nebraska State Bank Oshkosh Neb. Commercial Bank 20.94 22.13 56,558 3.28 41.82
Grant County State Bank Swayzee Ind. Commercial Bank 20.94 22.62 216,329 2.47 30.36
180 Passumpsic Bank Saint Johnsbury Vt. Savings Bank 20.89 12.43 810,548 2.58 52.36
181 Rock Canyon Bank Provo Utah Commercial Bank 20.88 16.24 662,371 1.94 64.14
182 American Bank & Trust of the Cumberlands Livingston Tenn. Commercial Bank 20.84 17.56 286,156 1.89 59.79
183 Bank 21 Carrollton Mo. Commercial Bank 20.83 13.91 148,258 1.74 55.77
184 State Bank of De Kalb De Kalb Tex. Commercial Bank 20.81 21.21 324,256 2.04 56.63
185 Charlotte State Bank & Trust Port Charlotte Fla. Commercial Bank 20.79 27.80 458,679 2.02 57.15
186 Mid-America Bank Baldwin City Kan. Commercial Bank 20.76 17.43 283,368 1.85 48.16
Grand Marais State Bank Grand Marais Minn. Commercial Bank 20.76 24.98 124,109 1.34 58.24
188 Bank of Zumbrota Zumbrota Minn. Commercial Bank 20.69 15.64 181,383 2.57 45.70
189 North Valley Bank Thornton Colo. Commercial Bank 20.61 25.45 195,645 2.44 47.76
190 Citizens Bank of Las Cruces Las Cruces N.M. Commercial Bank 20.59 22.51 744,061 2.16 54.88
191 Colorado Bank and Trust Company of La Junta La Junta Colo. Commercial Bank 20.57 20.62 180,878 1.93 50.65
192 First Missouri State Bank Poplar Bluff Mo. Commercial Bank 20.55 14.27 195,560 1.90 50.96
193 Jonesburg State Bank Jonesburg Mo. Commercial Bank 20.46 23.59 117,841 1.64 59.67
194 Iowa Savings Bank Carroll Iowa Commercial Bank 20.44 18.60 222,649 1.80 51.30
195 Brighton Bank Salt Lake City Utah Commercial Bank 20.43 21.93 283,708 2.07 50.58
Bank of the West Grapevine Tex. Commercial Bank 20.43 14.97 630,110 1.71 59.09
197 Flagler Bank West Palm Beach Fla. Commercial Bank 20.32 19.38 401,466 1.95 39.06
Star Bank Maple Lake Minn. Commercial Bank 20.32 19.12 328,662 1.85 57.90
199 First Southern Bank Florence Ala. Commercial Bank 20.28 11.78 334,023 1.78 50.06
200 Western Bank, Artesia, New Mexico Artesia N.M. Commercial Bank 20.16 24.08 248,946 1.86 42.99

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 Nov. 27, 2020. Figures for prior periods are not adjusted for mergers and acquisitions.

© 2020 American Banker

Source:

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

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