Most Efficient Bank Holding Companies

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Most Efficient Bank Holding Companies

Most Efficient Bank Holding CompaniesYear to date through June 30. Dollars in thousands.
Published January 14, 2014

Rank   Efficiency Ratio* Noninterest Expenses 2Q 2013
Assets
2013 2012 2013 2012 Change
1 Metropolitan Bank Group Inc. Chicago 0.00 103.79 $0 $58,749 -100.0% $2,501,885
2 Briscoe Ranch Inc. Uvalde, Texas 14.66 10.11 8,026 16,128 -50.2 1,170,525
3 Beal Financial Corp. Plano, Texas 19.38 24.76 77,811 95,918 -18.9 8,896,651
4 Merchants Bancorp Carmel, Ind. 20.89 0.00 5,854 0 NA 1,153,821
5 New York Private Bank & Trust Corp. 29.19 79.68 116,327 108,976 6.7 7,175,848
6 Silver Queen Financial Services Inc. Greenwood Village, Colo. 30.61 32.86 4,814 3,443 39.8 1,899,084
7 Malaga Financial Corp. Palos Verdes Estates, Calif. 34.26 32.71 5,189 5,136 1.0 870,254
8 SBT Bancshares Inc. Dallas 34.88 32.34 3,903 3,654 6.8 471,642
9 Clayton Bancorp Inc. Knoxville, Tenn. 36.14 36.28 10,228 9,735 5.1 1,014,385
10 Oritani Financial Corp. Township of Washington, N.J. 36.24 37.73 19,147 18,180 5.3 2,830,813
11 United National Corp. Sioux Falls, S.D. 36.84 37.51 133,615 124,046 7.7 2,058,845
12 Luther Burbank Corp. Santa Rosa, Calif. 37.52 28.10 20,344 17,534 16.0 3,601,233
13 ServisFirst Bancshares Inc. Birmingham, Ala. 38.53 37.37 22,722 18,580 22.3 3,140,752
14 Industry Bancshares Inc. Texas 39.13 37.10 17,388 15,556 11.8 2,306,937
15 Discover Financial Services Riverwoods, Ill. 39.32 39.43 1,592,067 1,458,297 9.2 74,944,466
16 First Security Bancorp Searcy, Ark. 39.59 40.15 61,308 63,326 -3.2 4,408,949
17 Villages Bancorp. Inc. The Villages, Fla. 39.66 28.13 9,854 7,894 24.8 1,564,745
18 Lauritzen Corp. Omaha, Neb. 40.17 48.17 42,718 35,030 21.9 1,721,768
19 Stearns Financial Services Inc. St. Cloud, Minn. 40.34 45.77 22,859 20,607 10.9 1,604,577
20 BOFI Holdings Inc. San Diego 41.02 36.09 28,881 18,827 53.4 3,090,771
21 Capitol Bancorp. Inc. Britton, S.D. 41.08 43.56 16,422 16,559 -0.8 738,518
22 Northern Bancorp Inc. Woburn, Mass. 41.15 49.25 10,361 8,761 18.3 946,925
23 Lakeside Bancorp Inc. Chicago 41.19 47.78 9,670 10,904 -11.3 1,135,911
24 Guardian Bancorp Inc. Cincinnati 41.44 0.00 12,357 0 NA 822,565
25 Prosperity Bancshares Inc. Houston 41.96 41.68 116,111 80,539 44.2 16,275,854
26 Washington Federal Inc. Seattle 42.11 34.23 81,763 70,621 15.8 13,012,483
27 FEO Investments Inc. Norfolk, Neb. 42.45 0.00 4,208 0 NA 595,046
28 Oriental Financial Group Inc. San Juan, Puerto Rico 42.65 51.98 134,525 57,264 134.9 8,435,916
29 Blackhawk Bancorp. Inc. Milan, Ill. 42.79 42.82 8,943 9,661 -7.4 1,100,093
30 Charter Bankshares Inc. Eau Claire, Wis. 43.76 42.06 7,480 7,341 1.9 712,896
31 Sterling Bancorp Inc. Southfield, Mich. 43.79 62.11 8,855 8,985 -1.4 923,393
32 Five Star Bancorp Sacramento, Calif. 43.90 0.00 4,864 0 NA 540,895
33 NRBC Holding Corp. Chicago 44.22 28.46 10,555 8,270 27.6 1,128,033
34 Intervest Bancshares Corp. New York 44.68 51.28 9,895 11,778 -16.0 1,596,639
35 New York Community Bancorp Inc. Westbury 45.04 41.03 308,331 305,426 1.0 44,185,838
36 Manhattan Banking Corp. Kan. 45.16 43.46 11,696 8,987 30.1 984,728
37 First Berne Financial Corp. Ind. 45.31 0.00 5,792 0 NA 513,642
38 Dime Community Bancshares Inc. New York 45.32 43.59 31,423 31,498 -0.2 3,951,243
39 East West Bancorp Inc. Pasadena, Calif. 46.11 45.99 190,934 207,606 -8.0 23,314,135
40 Hudson City Bancorp Inc. Paramus, N.J. 46.14 37.75 157,876 175,169 -9.9 39,696,453
41 Parke Bancorp Inc. Swell, N.J. 46.42 43.16 7,955 7,374 7.9 738,363
42 Capitol Federal Financial Inc. Topeka, Kan. 46.46 41.38 46,772 43,301 8.0 9,258,430
43 Bank of the Ozarks Inc. Little Rock, Ark. 46.60 46.70 59,132 55,889 5.8 4,043,632
44 Ambank Co. Inc. Sioux Center, Iowa 46.73 46.59 9,371 9,058 3.5 881,117
45 National Bankshares Inc. Blacksburg, Va. 46.76 43.89 12,535 11,875 5.6 1,091,086
  Waupaca Bancorp. Inc. Wis. 46.76 45.43 8,917 8,070 10.5 798,203
47 Home BancShares Inc. Conway, Ark. 46.80 49.05 51,292 48,388 6.0 4,091,337
48 Olney Bancshares of Texas Inc.. 47.09 44.49 21,583 18,735 15.2 2,091,816
49 Amarillo National Bancorp Inc. Texas 47.46 48.71 38,787 36,620 5.9 3,514,546
50 BBCN Bancorp Inc. Los Angeles 47.48 43.40 67,455 61,259 10.1 5,863,015
51 CVB Financial Corp. Ontario, Calif. 47.73 44.19 58,934 58,805 0.2 6,425,556
52 Center Bancorp Inc. Union, N.J. 47.79 48.18 12,614 11,497 9.7 1,605,698
53 Heritage Group Inc. Wood River, Neb. 47.82 45.41 4,469 4,967 -10.0 572,717
54 County Bancorp Inc. Manitowoc, Wis. 47.87 48.23 8,098 7,269 11.4 741,766
55 Magnolia Banking Corp. Ark. 47.91 51.17 8,716 8,366 4.2 763,921
56 HSB Bancorp Inc. Hebron, Md. 48.07 0.00 4,979 0 NA 506,117
57 Putnam Bancshares Inc. Hurricane, W.Va. 48.11 73.70 3,783 5,616 -32.6 617,030
58 Cache Valley Banking Co. Logan, Utah 48.17 0.00 8,277 0 NA 527,010
59 John Deere Capital Corp. Reno, Nev. 48.45 0.00 335,096 0 NA 30,737,599
60 BankUnited Inc. Miami Lakes, Fla. 48.81 48.65 173,709 160,643 8.1 13,233,425
61 First Paragould Bankshares Inc. Ark. 48.87 45.53 8,112 7,484 8.4 714,573
62 ConnectOne Bancorp Inc. Englewood Cliffs, N.J. 48.90 50.38 9,668 8,606 12.3 1,030,487
63 The Bank of Southside Virginia Corp. Carson 49.08 48.89 6,727 6,883 -2.3 569,983
  First Financial Bankshares Inc. Abilene, Texas 49.08 48.37 57,382 53,212 7.8 4,982,605
65 First-West Texas Bancshares Inc. Midland 49.22 54.40 7,802 8,006 -2.5 845,741
66 Ames National Corp. Iowa 49.49 48.05 10,389 9,892 5.0 1,206,914
67 First Manitowoc Bancorp Inc. Wis. 49.59 48.71 10,644 10,237 4.0 988,733
68 Westamerica Bancorp. San Rafael, Calif. 49.65 46.63 58,644 62,802 -6.6 4,814,924
69 IMB Holdco LLC Pasadena, Calif. 49.95 54.01 296,483 327,146 -9.4 25,468,760
70 Citizens Financial Services Inc. Mansfield, Pa. 50.12 47.20 9,677 9,523 1.6 879,076
71 Wilshire Bancorp Inc. Los Angeles 50.13 53.46 34,534 34,359 0.5 2,787,397
72 Fidelity Holding Co. Minnetonka, Minn. 50.30 57.98 3,911 4,232 -7.6 406,835
73 First Community Holdings Santa Rosa, Calif. 50.35 78.13 6,885 7,272 -5.3 679,437
74 First Bemidji Holding Co. Minn. 50.45 45.13 5,646 5,149 9.7 577,542
75 Eagle Bancorp Inc. Bethesda, Md. 50.57 52.23 41,032 37,227 10.2 3,414,031
76 AFNB Holdings Inc. Houston 50.69 41.60 11,512 12,402 -7.2 897,592
77 Investors Bancorp MHC Millburn, N.J. 50.76 49.59 114,519 99,241 15.4 13,314,260
  WNB Bancshares Inc. Odessa, Texas 50.76 36.75 12,140 12,388 -2.0 1,416,968
79 Westbrand Inc. Minot, N.D. 51.03 52.09 7,196 6,831 5.3 815,024
80 Hometown Banc Corp Grand Island, Neb. 51.14 48.11 10,680 9,816 8.8 1,078,518
81 Barclays Delaware Holdings LLC Wilmington 51.16 49.44 456,038 376,104 21.3 20,307,832
82 Planters Holding Co. Indianola, Miss. 51.21 52.96 7,809 7,883 -0.9 748,967
83 U.S. Bancorp Minneapolis 51.25 51.59 5,038,000 5,173,000 -2.6 353,415,000
84 First Farmers Financial Corp. Converse, Ind. 51.39 53.79 14,345 13,018 10.2 1,142,475
85 Lakeland Financial Corp. Warsaw, Ind. 51.49 49.75 29,974 28,920 3.6 2,977,007
86 FCT Bancshares Inc. Waco, Texas 51.53 49.82 6,811 6,517 4.5 705,703
87 Midland Financial Co. Oklahoma City 51.60 56.25 154,740 145,496 6.4 9,711,810
  Peoples Bancorp Inc. Prairie de Chien, Wis. 51.60 0.00 5,121 0 NA 536,311
89 The First of Long Island Corp. Glen Head, N.Y. 51.65 60.14 19,247 22,224 -13.4 2,227,862
90 Stockman Financial Corp. Miles City, Mont. 51.68 50.42 26,146 22,784 14.8 2,425,302
91 American Bank Inc. Allentown, Pa. 51.69 0.00 3,527 0 NA 513,834
92 Heritage Bancorp Reno, Nev. 51.98 0.00 5,802 0 NA 518,510
93 First Financial Banc Corp. El Dorado, Ark. 52.00 51.70 15,212 14,100 7.9 836,506
  IBT Holdings Corp. City of Industry, Calif. 52.00 0.00 5,707 0 NA 576,396
95 Washington Banking Co. Oak Harbor 52.04 67.65 26,757 33,851 -21.0 1,617,489
96 First Bancorp Inc. Lebanon, Va. 52.05 49.15 16,355 15,219 7.5 1,288,955
97 NEB Corp. Fond du Lac, Wis. 52.06 51.81 15,974 16,522 -3.3 1,477,860
98 Ida Grove Bancshares Inc. Iowa 52.14 49.48 11,775 11,030 6.8 1,203,103
99 Traditional Bancorp. Inc. Mount Sterling, Ky. 52.60 51.76 11,996 11,669 2.8 1,075,086
100 Customers Bancorp Inc. Wyomissing, Pa. 52.88 70.38 33,131 24,657 34.4 3,793,258
101 Integrity Bancshares Inc. Camp Hill, Pa. 52.96 65.65 7,244 8,057 -10.1 705,944
102 Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 52.97 56.08 7,989 7,412 7.8 669,318
103 Seaway Bancshares Inc. Chicago 53.23 66.72 11,742 9,633 21.9 555,987
104 First National Bancshares Inc. East Lansing, Mich. 53.24 57.16 11,931 10,667 11.8 639,899
105 Independence Bancshares Inc. Owensboro, Ky. 53.36 53.14 15,169 14,577 4.1 1,310,087
106 Nodaway Valley Bancshares Inc. Maryville, Mo. 53.41 54.83 9,404 9,365 0.4 798,433
107 Norwood Financial Corp., Honesdale, Pa. 53.51 53.53 8,331 7,929 5.1 697,606
108 T. Rowe Price Group Inc. Baltimore 53.52 55.66 898,193 821,318 9.4 4,798,850
109 Peoples Financial Services Corp. Hallstead, Pa. 53.53 49.98 7,959 7,140 11.5 688,974
  SNBNY Holdings Ltd. New York 53.53 51.16 38,783 37,608 3.1 6,258,350
  Southern Missouri Bancorp Inc. Poplar Bluff 53.53 53.69 9,027 9,014 0.1 796,438
112 Choice Financial Holdings Inc. Grafton, N.D. 53.58 47.99 8,195 7,382 11.0 663,756
113 West Bancorp. Inc. West Des Moines, Iowa 53.60 52.66 14,715 13,813 6.5 1,451,646
114 First Bank Corp Fort Smith, Ark. 53.69 52.81 22,503 22,229 1.2 1,548,751
115 First Illinois Bancorp Inc. East St. Louis 53.84 48.40 5,726 5,811 -1.5 529,687
116 Southern Utah Bancorp. Cedar City 53.86 56.97 8,356 8,380 -0.3 737,351
117 American Central Bancorp. Inc. Mount Zion, Ill. 54.24 57.02 8,694 8,858 -1.9 686,346
118 FirstBank Holding Co. Lakewood, Colo. 54.29 50.71 147,014 143,450 2.5 13,022,264
119 M&T Bank Corp. Buffalo, N.Y. 54.41 60.23 1,202,064 1,228,370 -2.1 83,229,005
120 Farmers Bancorp Inc. Blytheville, Ark. 54.42 66.21 5,536 6,379 -13.2 407,980
121 Citizens Bankshares Inc. Farmington, N.M. 54.44 55.74 7,800 8,138 -4.2 701,387
122 Hills Bancorp. Iowa 54.45 52.25 24,429 23,737 2.9 2,072,292
123 Fremont Bancorp. Calif. 54.49 63.55 71,261 59,809 19.1 2,493,994
124 Hometown Community Bancorp Inc. Morton, Ill. 54.59 58.45 24,815 26,159 -5.1 2,786,326
125 1st Summit Bancorp of Johnstown Inc. Pa. 54.69 53.29 8,137 7,742 5.1 830,833
126 Dimeco Inc. Honesdale, Pa. 54.88 54.68 7,412 7,101 4.4 603,363
127 Capital One Financial Corp. McLean, Va. 54.92 61.01 6,203,930 5,616,734 10.5 296,670,314
128 Merchants Bancorp Inc. Hillsboro, Ohio 54.97 51.95 6,888 6,629 3.9 557,496
129 Pulaski Financial Corp. St. Louis 55.05 52.30 17,986 16,185 11.1 1,348,402
130 Community Financial Holding Co. Inc. Duluth, Ga. 55.06 91.15 3,038 5,892 -48.4 445,020
131 Flushing Financial Corp. N.Y. 55.07 51.99 41,999 40,853 2.8 4,599,216
132 Inwood Bancshares Inc. Dallas 55.20 51.86 15,504 13,794 12.4 1,489,015
133 Marlin Business Services Corp. Mount Laurel, N.J. 55.31 67.37 21,026 19,981 5.2 688,791
134 Hanmi Financial Corp. Los Angeles 55.45 63.49 37,856 37,381 1.3 2,773,413
135 Virginia Commerce Bancorp Inc. Arlington 55.54 54.66 31,685 32,185 -1.6 2,836,235
136 Summit Bancorp Inc. Arkadelphia, Ark. 55.65 55.32 14,204 14,340 -0.9 1,182,701
137 Signature Bancorp Inc. Toledo, Ohio 55.72 55.46 6,014 5,713 5.3 582,723
138 WestStar Bank Holding Co. Inc. El Paso, Texas 55.75 53.76 13,093 12,723 2.9 1,007,041
139 Foresight Financial Group Inc. Rockford, Ill. 55.77 51.02 10,391 10,033 3.6 880,321
140 Bar Harbor Bankshares Maine 55.92 54.76 12,822 11,941 7.4 1,343,322
141 Texas Capital Bancshares Inc. Dallas 56.00 52.18 124,011 100,681 23.2 10,978,295
142 United Bankshares Inc. Charleston, W.Va. 56.01 56.63 94,441 98,796 -4.4 8,480,268
143 American National Bankshares Inc. Danville, Va. 56.02 57.00 16,591 18,922 -12.3 1,294,017
144 CB&T Holding Corp. New Orleans 56.08 57.89 30,893 27,265 13.3 851,575
145 Southeastern Bank Financial Corp. Augusta, Ga. 56.20 61.09 20,432 20,818 -1.9 1,694,521
146 Fishback Financial Corp. Brookings, S.D. 56.22 63.26 28,349 26,532 6.8 1,781,268
147 Pinnacle Financial Partners Inc. Nashville, Tenn. 56.25 66.55 61,645 61,945 -0.5 5,373,164
148 Honat Bancorp Inc. Honesdale, Pa. 56.30 47.80 7,456 6,962 7.1 580,451
149 United Community Bancorp Inc. Chatham, Ill. 56.35 54.85 15,286 14,607 4.6 1,264,680
150 Farmers & Merchants Bancorp Lodi, Calif. 56.37 55.81 25,017 24,721 1.2 2,006,777
151 Community Trust Bancorp Inc. Pikeville, Ky. 56.44 56.33 52,286 49,898 4.8 3,638,251
152 F&M Bank Corp. Timberville, Va. 56.51 56.29 7,168 6,565 9.2 556,842
  Glacier Bancorp Inc. Kalispell, Mont. 56.51 56.07 89,143 87,726 1.6 7,996,816
154 Planters Financial Group Inc. Hopkinsville, Tenn. 56.53 52.07 8,877 6,748 31.6 754,521
155 Fifth Third Bancorp Cincinnati 56.60 59.00 2,013,198 1,911,395 5.3 123,360,351
156 Leader Bancorp Inc. Arlington, Mass. 56.61 0.00 9,884 0 NA 673,864
157 Crews Banking Corp. Wauchula, Fla. 56.76 52.90 16,276 15,491 5.1 1,197,271
  Provident Financial Services Inc. Jersey City, N.J. 56.76 56.44 74,555 74,392 0.2 7,274,079
159 Bancorp of New Jersey Inc. Fort Lee 56.83 0.00 5,271 0 NA 588,523
160 BOH Holdings Inc. Houston 56.91 64.80 10,738 10,105 6.3 938,243
161 ESB Financial Corp. Ellwood City, Pa. 56.93 56.77 14,750 15,073 -2.1 1,897,431
162 Security Star Bancshares Inc. Odessa, Texas 56.98 59.67 12,539 11,318 10.8 764,226
163 PrivateBancorp Inc. Chicago 56.99 59.56 146,895 148,655 -1.2 13,476,493
164 Citizens and Northern Corp. Wellsboro, Pa. 57.03 49.47 18,015 16,797 7.3 1,228,344
165 Western Alliance Bancorp. Phoenix 57.09 58.18 96,066 88,730 8.3 8,593,684
166 Bank of Commerce Holdings Redding, Calif. 57.20 76.12 10,639 28,928 -63.2 956,612
  Heartland Bancorp Inc. Bloomington, Ill. 57.20 48.44 41,869 26,041 60.8 2,814,768
168 National Americas Holdings LLC New York 57.23 59.15 103,049 99,755 3.3 9,049,315
169 Penns Wood Bancorp Inc. Jersey Shore, Pa. 57.25 50.75 12,816 10,807 18.6 1,206,958
170 SVB Financial Group Santa Clara, Calif. 57.32 60.10 292,307 267,778 9.2 22,165,054
171 Liberty Bancshares Inc. Springfield, Mo. 57.37 48.75 16,957 14,191 19.5 1,060,756
172 Liberty Bancshares Inc Jonesboro, Ark. 57.40 56.95 34,674 33,651 3.0 2,856,520
173 Santander Holdings USA Inc. Boston 57.43 56.15 817,254 808,196 1.1 79,218,184
174 Pacific City Financial Corp. Los Angeles 57.46 55.41 10,304 8,828 16.7 680,841
175 Apple Financial Holdings Inc. New York 57.53 45.50 51,366 42,886 19.8 11,991,050
176 Southern Bancshares Inc. Houston 57.62 0.00 10,596 0 NA 665,122
177 Midwest Banc Holding Co. Pierce, Neb. 57.70 57.68 6,588 6,252 5.4 576,754
178 Wells Fargo & Co. San Francisco 57.71 58.81 24,885,000 25,420,000 -2.1 1,440,563,000
179 Commerce Bancshares Corp. Worchester, Mass. 57.82 61.27 19,585 17,284 13.3 1,759,215
180 Bancshares of Jackson Hole Inc. Jackson, Wyo. 57.85 65.04 7,157 7,892 -9.3 589,456
  First National Security Co. DeQueen, Ark. 57.85 60.37 11,054 11,524 -4.1 936,514
182 Keweenaw Financial Corp. Hancock, Mich. 58.07 0.00 5,680 0 NA 542,765
183 Trustco Bank Corp NY Glenville 58.08 54.94 45,693 41,818 9.3 4,443,064
184 CBX Corp. Carrollton, Ill. 58.15 54.95 10,850 9,941 9.1 1,120,948
185 C&F Financial Corp. West Point, Va. 58.16 62.09 27,578 30,283 -8.9 988,988
  Centrabanc Corp. Waco, Texas 58.16 54.92 6,581 6,350 3.6 688,213
187 Trust No. 3 Under the Will of Charles Henderson Troy, Ala. 58.17 61.80 9,190 9,742 -5.7 883,740
188 USAmericibancorp Inc. Clearwater, Fla. 58.18 66.25 35,177 32,003 9.9 2,707,415
189 Dakota Community Bancshares Inc. Hebron, N.D. 58.21 0.00 8,512 0 NA 650,455
190 Gulfstream Bancshares Inc. Stuart, Fla. 58.27 59.05 5,726 6,015 -4.8 572,324
191 Enterprise Financial Services Corp Clayton, Mo. 58.34 61.81 41,888 42,771 -2.1 3,094,473
192 Rockhold Bancorp Kirksville, Mo. 58.49 64.17 3,046 3,292 -7.5 534,724
193 Central Bancorp. Provo, Utah 58.56 70.86 11,101 11,339 -2.1 712,239
194 First Business Financial Services Inc. Madison, Wis. 58.63 62.19 14,469 14,005 3.3 1,276,069
195 Carroll County Bancshares Inc. Carroll, Iowa 58.75 59.44 7,391 7,296 1.3 661,634
196 First Keystone Corp. Berwick, Pa. 58.79 58.13 10,009 10,327 -3.1 842,774
197 Citizens Bancorp Investment Inc. Lafayette, Tenn. 58.81 56.35 7,683 7,459 3.0 638,106
198 Platte Valley Financial Service Cos. Inc. Scottsbluff, Neb. 58.83 57.91 11,532 10,927 5.5 725,597
199 Western State Agency Inc. Devils Lake, N.D. 58.85 0.00 9,437 0 NA 623,461
200 Central Bancompany Inc. Jefferson City, Mo. 58.87 56.40 148,639 144,640 2.8 10,481,397


Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of June 30, 2013, are included. Excludes thrift holding companies. *Noninterest expense divided by (total income minus interest expense). Figures for prior periods are not adjusted for mergers and acquisitions.

Source:

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