Most Efficient Bank Holding Companies

Year to date through March 31, 2017. Dollars in thousands

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Most Efficient Bank Holding Companies
Rank Company City State

Efficiency Ratio (YTD)*

Noninterest Expense (YTD)

Assets March 2017
March 2017 March 2016 March 2017 March 2016 Change
1 Oritani Financial Corp. Township of Washington N.J. 20.44 36.64 $9,927 $10,402 -4.6% $4,127,199
2 Synchrony Financial Stamford Conn. 28.51 29.04 907,914 810,516 12.0 89,050,082
3 Sterling Bancorp Inc. Southfield Mich. 30.17 29.15 8,083 6,310 28.1 2,203,811
4 Briscoe Ranch Inc. Uvalde Texas 30.54 27.37 6,950 5,964 16.5 1,747,876
5 Merchants Bancorp Carmel Ind. 30.71 39.79 6,641 5,787 14.8 2,805,990
6 BofI Holding Inc. San Diego Calif. 31.64 31.56 35,450 29,405 20.6 8,700,031
7 Beal Financial Corp. Plano Texas 32.14 26.98 46,243 30,631 51.0 7,371,501
8 United National Corp. Sioux Falls S.D. 32.63 34.78 89,554 86,425 3.6 2,550,412
9 NexBank Capital Inc. Dallas Texas 34.64 37.81 14,439 8,844 63.3 5,326,372
10 SNBNY Holdings Ltd. Gibraltar N.Y. 36.68 150.09 28,910 72,257 -60.0 8,130,473
11 First Community Holdings Santa Rosa Calif. 36.84 NA 4,351 NA NA 1,306,344
12 Stearns Financial Services Inc. St. Cloud Minn. 37.09 31.76 18,657 14,323 30.3 2,018,392
13 Industry Bancshares Inc. Industry Texas 37.10 36.50 12,732 11,714 8.7 3,744,826
14 ServisFirst Bancshares Inc. Birmingham Ala. 37.26 39.62 21,267 18,907 12.5 6,336,165
15 Discover Financial Services Riverwoods Ill. 37.83 39.65 885,419 880,518 0.6 94,795,139
16 East West Bancorp Inc. Pasadena Calif. 38.55 49.71 149,883 144,315 3.9 35,348,696
17 BT Holdings Inc. Quitman Texas 38.92 NA 5,013 NA NA 1,321,733
18 Eagle Bancorp Inc. Bethesda Md. 39.39 40.35 28,870 28,099 2.7 7,090,163
19 Capitol Federal Financial Inc. Topeka Kan. 40.16 42.38 21,988 23,414 -6.1 9,265,089
20 Villages Bancorp. Inc. The Villages Fla. 40.42 40.93 7,243 5,124 41.4 2,020,343
21 RBB Bancorp Los Angeles Calif. 40.66 57.42 6,585 7,685 -14 1,505,749
22 Home BancShares Inc. Conway Ark. 40.78 37.35 54,878 45,353 21.0 10,717,468
23 Prosperity Bancshares Inc. Houston Texas 40.94 39.16 77,558 79,836 -2.9 22,481,666
24 Silver Queen Financial Services Inc. Greenwood Village Colo. 41.28 56.91 3,986 4,210 -5.3 1,724,215
25 First Security Bancorp Searcy Ark. 41.31 29.98 34,178 31,843 7.3 5,539,423
26 PacWest Bancorp Beverly Hills Calif. 41.33 38.38 116,522 111,914 4.1 21,927,259
27 Bridgewater Bancshares Inc. Bloomington Minn. 42.47 NA 5,542 NA NA 1,356,081
28 Customers Bancorp Inc. Wyomissing Pa. 43.36 53.49 30,236 33,697 -10.3 9,906,636
29 Cathay General Bancorp Los Angeles Calif. 43.40 46.68 51,985 51,581 0.8 14,223,957
30 FCB Financial Holdings Inc. Weston Fla. 43.58 47.01 34,900 33,210 5.1 9,533,222
31 Amboy Bancorp. Old Bridge N.J. 43.60 63.75 9,922 13,409 -26.0 2,475,185
32 Western Alliance Bancorp. Phoenix Ariz. 43.95 45.11 88,376 75,874 16.5 18,122,506
33 Northern Bancorp Inc. Woburn Mass. 43.97 49.11 8,162 7,247 12.6 1,848,790
34 First Bancorp Inc. Damariscotta Maine 44.01 51.72 7,698 7,206 6.8 1,758,521
35 LegacyTexas Financial Group Inc. Plano Texas 44.07 46.61 39,351 37,631 4.6 8,439,571
36 Olney Bancshares of Texas Inc. Olney Texas 44.30 45.69 15,407 15,131 1.8 3,153,452
37 BCI Financial Group Inc. Miami Fla. 44.67 48.96 35,536 28,582 24.3 8,535,736
38 CVB Financial Corp. Ontario Calif. 44.98 46.74 34,116 34,115 0.0 8,559,121
39 Sterling Bancorp Montebello N.Y. 45.66 59.13 59,045 68,794 -14.2 14,681,679
40 Blackhawk Bancorp. Inc. Milan Ill. 46.65 45.98 5,112 4,580 11.6 1,276,930
41 West Bancorp. Inc. West Des Moines Iowa 46.84 46.91 8,043 7,799 3.1 1,867,819
42 Great Western Bancorp Inc. Sioux Falls S.D. 47.03 46.21 53,888 44,666 20.6 11,356,841
43 First of Long Island Corp. Glen Head N.Y. 47.24 51.17 13,012 12,429 4.7 3,607,030
44 United Bankshares Inc. Charleston W.Va. 47.44 49.23 61,848 57,803 7.0 14,762,315
45 Republic Bancorp Inc. Louisville Ky. 47.67 50.37 38,939 32,541 19.7 4,664,792
46 Parkway Bancorp Inc. Harwood Heights Ill. 47.83 55.16 8,284 9,608 -13.8 2,398,190
47 NEB Corp. Fond du Lac Wis. 47.88 46.03 10,047 9,106 10.3 1,952,812
48 Washington Federal Inc. Seattle Wash. 48.07 47.90 58,244 58,305 -0.1 14,960,676
49 Franklin Financial Network Inc. Franklin Tenn. 48.83 51.26 14,275 11,832 20.6 3,454,799
50 Lakeland Financial Corp. Warsaw Ind. 48.86 48.13 20,043 17,379 15.3 4,321,105
51 Lakeside Bancorp Inc. Chicago Ill. 49.04 45.34 6,698 5,594 19.7 1,484,414
52 First Financial Bankshares Inc. Abilene Texas 49.48 49.28 42,153 41,080 2.6 6,930,370
53 Hope Bancorp Inc. Los Angeles Calif. 49.56 49.88 66,387 40,557 63.7 13,465,863
Amarillo National Bancorp Inc. Amarillo Texas 49.56 51.41 21,352 21,830 -2.2 3,887,756
55 Hometown Banc Corp Grand Island Neb. 49.62 53.16 6,101 6,160 -1.0 1,254,599
56 Meta Financial Group Inc. Sioux Falls S.D. 49.66 67.01 67,662 42,312 59.9 3,985,646
57 Bank First National Corp. Manitowoc Wis. 49.78 48.79 6,366 6,012 5.9 1,286,591
58 Pinnacle Financial Partners Inc. Nashville Tenn. 50.62 52.59 62,082 53,641 15.7 11,724,601
59 WestStar Bank Holding Co. Inc. El Paso Texas 50.63 56.33 10,345 7,625 35.7 1,620,948
60 American Bank Holding Corp. Corpus Christi Texas 50.64 67.64 10,909 10,578 3.1 1,301,021
61 1867 Western Financial Corp. Stockton Calif. 50.85 53.27 15,525 14,923 4.0 2,856,126
62 Manhattan Banking Corp. Manhattan Kan. 51.03 46.88 9,295 9,048 2.7 1,645,166
63 ConnectOne Bancorp Inc. Englewood Cliffs N.J. 51.06 41.88 18,249 14,354 27.1 4,460,816
64 New York Community Bancorp Inc. Westbury N.Y. 51.18 43.28 166,941 158,443 5.4 48,824,564
65 AFNB Holdings Inc. Houston Texas 51.39 40.52 6,796 6,617 2.7 1,387,259
66 Capital One Financial Corp. McLean Va. 51.59 51.00 3,427,068 3,278,226 4.5 348,549,339
67 Westamerica Bancorp. San Rafael Calif. 51.70 52.81 26,121 26,617 -1.9 5,398,475
68 Hometown Community Bancorp Inc. Morton Ill. 51.75 51.85 15,014 13,342 12.5 3,277,352
69 USAmeriBancorp Inc. Clearwater Fla. 51.76 49.55 20,640 18,276 12.9 4,228,007
70 Southside Bancshares Inc. Tyler Texas 51.85 57.68 25,858 29,257 -11.6 5,656,249
71 Ames National Corp. Ames Iowa 51.87 51.07 6,453 6,477 -0.4 1,396,346
72 Independent Bank Group Inc. McKinney Texas 51.89 55.29 28,028 28,486 -1.6 6,022,614
73 HSBC North America Holdings Inc. New York N.Y. 51.91 79.56 1,131,402 1,098,843 3.0 295,078,604
74 United Community Bancorp Inc. Chatham Ill. 52.06 60.12 15,399 11,307 36.2 2,520,879
75 Traditional Bancorp. Inc. Mount Sterling Ky. 52.14 50.76 6,749 6,396 5.5 1,394,345
76 First Bank Corp Fort Smith Ark. 52.20 53.27 11,764 11,838 -0.6 1,727,538
77 Ida Grove Bancshares Inc. Ida Grove Iowa 52.23 48.71 6,696 6,357 5.3 1,427,590
78 Cadence Bancorp LLC Houston Texas 52.40 59.58 53,899 54,127 -0.4 9,721,301
Sterling Bancshares Inc. Poplar Bluff Mo. 52.40 NA 5,903 NA NA 1,337,381
80 OFG Bancorp San Juan Puerto Rico 52.45 72.98 48,525 66,998 -27.6 6,414,607
81 Apple Financial Holdings Inc. New York N.Y. 52.67 64.59 36,384 37,449 -2.8 12,768,697
82 Central Community Corp. Temple Texas 52.77 57.95 8,172 8,320 -1.8 1,423,733
83 Grandpoint Capital Inc. Los Angeles Calif. 52.78 52.42 16,337 15,795 3.4 3,356,266
84 Dime Community Bancshares Inc. Brooklyn N.Y. 52.79 17.08 20,678 17,824 16.0 6,095,370
85 Inwood Bancshares Inc. Dallas Texas 52.83 51.73 10,990 10,311 6.6 2,412,096
86 First Farmers Financial Corp. Converse Ind. 52.86 56.85 9,833 9,401 4.6 1,609,488
87 Hills Bancorp. Hills Iowa 52.95 51.66 14,304 13,005 10.0 2,797,052
88 Luther Burbank Corp. Santa Rosa Calif. 53.01 62.74 14,699 15,048 -2.3 5,392,479
89 First Merchants Corp. Muncie Ind. 53.15 62.80 42,880 46,439 -7.7 7,328,455
90 S&T Bancorp Inc. Indiana Pa. 53.26 56.44 36,739 38,315 -4.1 7,065,098
91 Pacific City Financial Corp. Los Angeles Calif. 53.27 NA 8,520 NA NA 1,286,432
92 BSB Bancorp Inc. Belmont Mass. 53.41 60.59 7,461 7,320 1.9 2,286,880
93 Green Bancorp Inc. Houston Texas 53.83 50.62 20,824 20,043 3.9 4,072,524
94 American National Corp. Omaha Neb. 54.07 64.28 19,812 20,331 -2.6 3,387,222
95 City Holding Co. Cross Lanes W.Va. 54.11 56.52 24,313 24,069 1.0 4,122,915
96 Stockman Financial Corp. Miles City Mont. 54.12 55.76 18,222 17,484 4.2 3,212,524
97 Discount Bancorp Inc. New York N.Y. 54.32 52.76 37,854 35,550 6.5 9,314,172
98 WesBanco Inc. Wheeling W.Va. 54.71 55.03 54,054 45,168 19.7 9,804,620
99 Security National Corp. Dakota Dunes S.D. 54.73 56.09 7,996 8,143 -1.8 1,454,543
100 First Bancorp Inc. Lebanon Va. 54.76 57.60 9,723 9,511 2.2 1,671,898
101 Sandy Spring Bancorp Inc. Olney Md. 54.82 65.27 30,023 32,155 -6.6 5,201,164
102 Santander Holdings USA Inc. Boston Mass. 54.93 51.38 1,354,665 1,205,639 12.4 135,109,476
103 German American Bancorp Inc. Jasper Ind. 54.95 69.03 19,036 20,240 -5.9 2,933,748
104 Glacier Bancorp Inc. Kalispell Mont. 55.00 56.51 63,108 61,658 2.4 9,553,908
105 U.S. Bancorp Minneapolis Minn. 55.01 54.25 2,964,000 2,779,000 6.7 449,522,000
106 County Bancorp Inc. Manitowoc Wis. 55.22 51.12 6,261 4,507 38.9 1,251,414
107 Citizens National Banc Corp. Meridian Miss. 55.28 68.14 9,284 9,148 1.5 1,355,547
108 Hanmi Financial Corp. Los Angeles Calif. 55.30 55.96 28,131 25,692 9.5 4,811,821
Blue Hills Bancorp Inc. Norwood Mass. 55.30 78.65 13,399 12,068 11.0 2,497,710
110 Wilson Bank Holding Co. Lebanon Tenn. 55.36 59.10 14,236 13,763 3.4 2,282,216
111 Old Line Bancshares Inc. Bowie Md. 55.64 69.76 9,564 10,808 -11.5 1,767,890
112 Cullen/Frost Bankers Inc. San Antonio Texas 55.74 57.50 187,669 179,120 4.8 30,563,189
113 Territorial Bancorp Inc. Honolulu Hawaii 55.78 58.81 8,679 9,029 -3.9 1,935,855
114 FirstBank Holding Co. Lakewood Colo. 55.81 57.30 97,222 91,099 6.7 17,342,574
115 SVB Financial Group Santa Clara Calif. 55.86 55.36 238,689 204,034 17.0 46,419,773
116 Guaranty Bancorp Denver Colo. 55.97 63.43 20,289 15,765 28.7 3,399,651
117 Commerce Bancshares Corp. Worcester Mass. 56.08 57.33 9,563 9,248 3.4 2,219,402
118 People's Utah Bancorp American Fork Utah 56.14 58.52 12,443 12,107 2.8 1,717,648
119 Provident Financial Services Inc. Iselin N.J. 56.15 56.22 46,089 44,831 2.8 9,509,663
120 Crews Banking Corp. Wauchula Fla. 56.24 56.22 9,389 8,852 6.1 1,433,347
121 Pacific Continental Corp. Eugene Ore. 56.29 58.71 15,461 12,005 28.8 2,597,724
122 Investors Bancorp Inc. Short Hills N.J. 56.31 53.35 99,437 87,072 14 23,899,592
123 Independence Bancshares Inc. Owensboro Ky. 56.41 54.14 12,120 10,451 16.0 2,093,893
124 M&T Bank Corp. Buffalo N.Y. 56.47 58.21 773,502 758,057 2.0 123,223,251
125 Community Trust Bancorp Inc. Pikeville Ky. 56.49 54.63 27,644 26,242 5.3 4,034,161
126 Bank of Hawaii Corp. Honolulu Hawaii 56.54 58.29 88,656 89,001 -0.4 16,664,215
127 CU Bancorp Los Angeles Calif. 56.55 56.26 16,693 15,173 10.0 3,143,268
128 Northfield Bancorp Inc. Woodbridge N.J. 56.60 79.49 17,544 21,513 -18.4 3,843,956
129 Heritage Commerce Corp San Jose Calif. 56.69 57.06 15,328 14,685 4.4 2,641,791
Magnolia Banking Corp. Magnolia Ark. 56.69 61.61 8,952 8,793 1.8 1,351,487
131 Heartland Bancorp Inc. Bloomington Ill. 56.70 60.14 20,977 22,415 -6.4 3,018,787
132 Camden National Corp. Camden Maine 56.71 61.77 21,426 22,996 -6.8 3,938,465
133 Farmers & Merchants Bancorp Lodi Calif. 56.83 55.04 17,429 17,769 -1.9 2,954,317
134 CTBC Capital Corp. Los Angeles Calif. 56.90 66.97 14,772 13,568 8.9 3,028,253
135 Washington Trust Bancorp Inc. Westerly R.I. 57.00 58.30 25,190 25,450 -1.0 4,389,789
Triumph Bancorp Inc. Dallas Texas 57.00 69.47 34,836 20,077 73.5 2,635,358
137 Enterprise Financial Services Corp. Clayton Mo. 57.01 52.77 26,746 20,775 28.7 5,106,226
138 QCR Holdings Inc. Moline Ill. 57.02 59.52 21,274 16,955 25.5 3,381,013
139 Valley View Bancshares Inc. Overland Park Kan. 57.03 58.00 16,532 16,411 0.7 3,097,071
140 Bridge Bancorp Inc. Bridgehampton N.Y. 57.27 54.09 20,266 18,880 7.3 4,064,511
141 Brookline Bancorp Inc. Boston Mass. 57.36 55.49 33,668 31,966 5.3 6,512,115
142 Veritex Holdings Inc. Dallas Texas 57.38 53.22 7,450 5,975 24.7 1,522,015
143 Home Bancorp Inc. Lafayette La. 57.42 65.33 11,243 12,325 -8.8 1,583,497
144 First Financial Corp. Terre Haute Ind. 57.59 46.21 22,487 23,282 -3.4 2,959,743
145 Texas Capital Bancshares Inc. Dallas Texas 57.66 56.16 104,141 87,728 18.7 20,864,874
146 Longview Financial Corp. Longview Texas 57.71 56.97 14,137 13,675 3.4 2,330,986
147 Citigroup Inc. New York N.Y. 57.92 59.27 10,767,000 10,914,000 -1.3 1,821,635,000
148 CenterState Banks Inc. Winter Haven Fla. 58.02 109.67 37,916 62,557 -39.4 5,328,996
149 United Community Banks Inc. Blairsville Ga. 58.08 60.79 62,303 58,023 7.4 10,733,390
150 Financial Institutions Inc. Warsaw N.Y. 58.15 61.15 20,850 21,130 -1.3 3,859,865
151 Paragon Commercial Corp. Raleigh N.C. 58.17 60.19 7,611 6,600 15.3 1,551,050
152 Bankwell Financial Group Inc. New Canaan Conn. 58.18 58.48 8,089 7,029 15.1 1,676,211
153 Pinnacle Bancorp Inc. Omaha Neb. 58.20 56.90 58,755 56,677 3.7 9,811,280
154 First Financial Bancorp. Cincinnati Ohio 58.31 60.64 51,106 50,841 0.5 8,531,170
155 Barclays US LLC New York N.Y. 58.33 NA 1,502,000 NA NA 200,477,000
156 TrustCo Bank Corp NY Glenville N.Y. 58.44 59.01 25,482 24,943 2.2 4,885,459
157 BankUnited Inc. Miami Lakes Fla. 58.62 60.58 156,279 141,532 10.4 27,988,731
158 Stock Yards Bancorp Inc. Louisville Ky. 58.68 58.25 21,464 19,977 7.4 3,039,333
159 Peapack-Gladstone Financial Corp. Bedminster N.J. 58.76 64.51 19,304 19,208 0.5 3,947,562
160 First Mid-Illinois Bancshares Inc. Mattoon Ill. 58.78 63.02 19,316 15,239 26.8 2,849,446
161 Columbia Banking System Inc. Tacoma Wash. 58.81 61.70 69,064 66,098 4.5 9,527,272
162 First BanCorp. San Juan Puerto Rico 58.82 59.49 86,655 93,424 -7.2 11,890,398
Arbor Bancorp Inc. Ann Arbor Mich. 58.92 53.45 10,331 7,181 43.9 1,491,353
164 BancFirst Corp. Oklahoma City Okla. 58.94 60.90 49,577 47,509 4.4 7,189,645
Farmers National Banc Corp. Canfield Ohio 58.94 62.76 14,567 14,244 2.3 2,023,514
166 Charles Schwab Corp. San Francisco Calif. 58.95 62.15 1,235,000 1,106,000 11.7 227,061,000
167 Central Bancompany Inc. Jefferson City Mo. 58.97 58.76 79,330 77,135 2.8 13,031,747
168 Arrow Financial Corp. Glens Falls N.Y. 59.01 56.37 15,475 14,370 7.7 2,656,386
169 Meridian Bancorp Inc. Peabody Mass. 59.22 60.08 22,190 19,494 13.8 4,638,973
170 Central Pacific Financial Corp. Honolulu Hawaii 59.31 63.25 31,461 31,347 0.4 5,443,181
171 Peoples Financial Services Corp. Scranton Pa. 59.32 58.12 12,337 11,596 6.4 2,020,449
172 First York Ban Corp. York Neb. 59.34 56.82 10,717 9,717 10.3 1,528,166
173 International Bancshares Corp. Laredo Texas 59.47 51.46 75,529 66,845 13.0 11,965,858
174 Republic Bancorp Co. Oak Brook Ill. 59.67 59.88 11,603 11,184 3.7 1,855,356
175 First Busey Corp. Champaign Ill. 59.73 60.83 38,879 27,650 40.6 5,438,935
176 Nicolet Bankshares Inc. Green Bay Wis. 59.85 65.59 18,323 10,018 82.9 2,293,293
177 Third Federal Savings and Loan Association of Cleveland MHC Cleveland Ohio 59.86 61.16 44,588 44,733 -0.3 13,406,145
178 First Bancshares Inc. Merrillville Ind. 59.91 59.38 23,662 21,080 12.2 3,563,976
179 Metropolitan Bank Holding Corp. New York N.Y. 60.14 NA 7,236 NA NA 1,268,364
180 JPMorgan Chase & Co. New York N.Y. 60.20 59.87 15,161,000 14,121,000 7.4 2,546,290,000
181 Chemical Financial Corp. Midland Mich. 60.33 60.76 105,550 60,305 75.0 17,636,973
182 Southern Missouri Bancorp Inc. Poplar Bluff Mo. 60.36 58.42 9,721 8,519 14.1 1,496,272
183 Premier Financial Bancorp Inc. Huntington W.Va. 60.40 65.02 9,991 10,062 -0.7 1,517,219
184 Great Southern Bancorp Inc. Springfield Mo. 60.50 64.95 29,083 30,747 -5.4 4,436,876
185 PNC Financial Services Group Inc. Pittsburgh Pa. 60.51 61.39 2,402,330 2,297,776 4.6 371,278,327
186 Independent Bank Corp. Rockland Mass. 60.53 61.91 48,936 47,205 3.7 7,738,114
Ironhorse Financial Group Inc. Muskogee Okla. 60.53 59.85 13,473 12,976 3.8 1,428,256
188 Wells Fargo & Co. San Francisco Calif. 60.68 57.75 13,819,000 13,178,000 4.9 1,951,564,000
189 Popular Inc. Hato Rey Puerto Rico 60.73 61.68 302,000 304,000 -0.7 40,259,000
190 Ameris Bancorp Moultrie Ga. 60.75 71.99 56,174 55,784 0.7 7,094,856
191 First National of Nebraska Inc. Omaha Neb. 60.81 61.64 222,967 213,515 4.4 19,272,983
192 United Bank Corp. Barnesville Ga. 60.87 64.88 9,492 9,229 2.8 1,297,310
193 E-Trade Financial Corp. New York N.Y. 60.93 67.17 340,104 311,646 9.1 55,879,348
194 First Commonwealth Financial Corp. Indiana Pa. 61.00 59.83 42,663 38,050 12.1 6,808,977
195 CBFH Inc. Beaumont Texas 61.02 60.72 18,575 18,203 2.0 2,915,043
196 Mercantile Bank Corp. Grand Rapids Mich. 61.03 58.12 19,776 19,889 -0.6 3,018,919
197 LCNB Corp. Lebanon Ohio 61.19 65.70 7,966 8,294 -4.0 1,319,074
198 Columbia Bank MHC Fair Lawn N.J. 61.21 63.78 24,742 22,672 9.1 5,228,037
199 Park National Corp. Newark Ohio 61.22 64.26 47,462 49,899 -4.9 7,744,690
First Community Bancshares Inc. Bluefield Va. 61.22 61.87 16,844 18,151 -7.2 2,430,513

Note: Only top tier bank holding companies that file a Y-9C statement with the Fed as of July 28, 2017, are included. *Noninterest expense divided by (total income minus interest expense)
Figures for prior periods are not adjusted for mergers and acquisitions.
© 2017 American Banker
Source: SNL Financial, Charlottesville, Va. (

www.snl.com
)