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 2012
Assets
2012 2011 2012 2011 Change
1 Briscoe Ranch Inc. Uvalde, Texas 10.11 9.32 $16,128 $9,355 72.4% $1,067,445
2 Beal Financial Corp. Plano, Texas 24.76 NA 95,918 NA NA 9,506,038
3 Luther Burbank Corp. Santa Rosa, Calif. 28.10 NA 17,534 NA NA 3,657,473
4 NRBC Holding Corp. Chicago 28.46 29.96 8,270 9,254 -10.6 1,286,387
5 Villages Bancorp. Inc. The Villages, Fla. 31.48 41.86 9,263 10,308 -10.1 1,461,950
6 SBT Bancshares Inc. Dallas 32.34 33.66 3,654 4,916 -25.7 530,329
7 Malaga Financial Corp. Palos Verdes Estates, Calif. 32.71 NA 5,136 NA NA 832,725
8 Silver Queen Financial Services Inc. Englewood, Colo. 32.86 NA 3,443 NA NA 1,568,064
9 Washington Federal Inc. Seattle 34.23 NA 70,621 NA NA 13,465,349
10 Republic Bancorp Inc. Louisville, Ky. 35.26 33.68 68,604 71,344 -3.8 3,278,800
11 BOFI Holdings Inc. San Diego 36.09 NA 18,827 NA NA 2,389,641
12 Clayton Bancorp Inc. Knoxville, Tenn. 36.28 39.83 9,735 8,924 9.1 1,038,342
13 WNB Bancshares Inc. Odessa, Texas 36.75 50.87 12,388 11,311 9.5 1,227,517
14 Industry Bancshares Inc. Industry, Texas 37.10 39.25 15,556 14,609 6.5 2,046,321
15 ServisFirst Bancshares Inc. Birmingham, Ala. 37.37 47.61 18,580 17,966 3.4 2,570,590
16 United National Corp. Sioux Falls, S.D. 37.51 38.81 124,046 132,834 -6.6 1,865,904
17 Oritani Financial Corp. Washington, N.J. 37.73 NA 18,180 NA NA 2,700,354
18 Hudson City Bancorp Inc. Paramus, N.J. 37.75 NA 175,169 NA NA 42,961,040
19 Discover Financial Services Riverwoods, Ill. 39.43 36.68 1,458,297 1,269,226 14.9 73,255,567
20 First Security Bancorp Searcy, Ark. 40.15 42.20 63,326 60,240 5.1 4,363,552
21 New York Community Bancorp Inc. Westbury 41.03 42.29 305,426 300,796 1.5 43,501,094
22 Capitol Federal Financial Inc. Topeka, Kan. 41.38 NA 43,301 NA NA 9,420,614
23 AFNB Holdings Inc. Houston 41.60 51.52 12,402 8,334 48.8 865,620
24 Prosperity Bancshares Inc. Houston 41.68 43.44 80,539 83,549 -3.6 10,740,022
25 Charter Bankshares Inc. Eau Claire, Wis. 42.06 43.82 7,341 7,562 -2.9 707,486
26 Blackhawk Bancorp. Inc. Milan, Ill. 42.82 45.29 9,661 8,269 16.8 1,085,150
27 Parke Bancorp Inc. Swell, N.J. 43.16 32.96 7,374 6,458 14.2 788,550
28 BBCN Bancorp Inc. Los Angeles 43.40 47.57 61,259 33,402 83.4 5,049,410
29 Manhattan Banking Corp. Kan. 43.46 44.96 8,987 7,534 19.3 829,008
30 Capitol Bancorp. Inc. Britton, S.D. 43.56 42.49 16,559 14,239 16.3 710,824
31 Dime Community Bancshares Inc. New York 43.59 NA 31,498 NA NA 3,879,916
32 National Bankshares Inc. Blacksburg, Va. 43.89 45.51 11,875 11,881 -0.1 1,088,268
33 CVB Financial Corp. Ontario, Calif. 44.19 53.83 58,805 78,195 -24.8 6,523,963
34 Olney Bancshares of Texas Inc.. 44.49 51.06 18,735 19,205 -2.4 1,861,644
35 JJR Holding Co. Inc. Brick, N.J. 44.78 41.10 7,248 6,591 10.0 558,672
36 First Bemidji Holding Co. Minn. 45.13 45.06 5,149 5,145 0.1 567,573
37 Heritage Group Inc. Wood River, Neb. 45.41 46.29 4,967 4,873 1.9 551,685
38 Waupaca Bancorp. Inc. Wis. 45.43 45.67 8,070 7,846 2.9 771,499
39 Apple Financial Holdings Inc. New York 45.50 54.46 42,886 43,154 -0.6 8,541,925
40 First Paragould Bankshares Inc. Ark. 45.53 44.82 7,484 7,245 3.3 704,923
41 Stearns Financial Services Inc. St. Cloud, Minn. 45.77 45.11 20,607 19,676 4.7 1,401,521
42 East West Bancorp Inc. Pasadena, Calif. 45.99 46.89 207,606 203,866 1.8 21,525,820
43 Great Southern Bancorp Inc. Springfield, Mo. 46.04 56.72 57,335 44,809 28.0 4,215,820
44 Ambank Co. Inc. Sioux Center, Iowa 46.59 48.66 9,058 8,773 3.2 812,760
45 Westamerica Bancorp. San Rafael, Calif. 46.63 47.45 62,802 67,217 -6.6 4,950,068
46 Bank of the Ozarks Inc. Little Rock, Ark. 46.70 58.41 55,889 61,392 -9.0 3,764,860
47 Citizens Financial Services Inc. Mansfield, Pa. 47.20 50.45 9,523 9,216 3.3 881,350
48 Lakeside Bancorp Inc. Chicago 47.78 48.89 10,904 10,218 6.7 1,123,175
49 Honat Bancorp Inc. Honesdale, Pa. 47.80 53.08 6,962 6,842 1.8 578,444
50 Choice Financial Holdings Inc. Grafton, N.D. 47.99 56.29 7,382 7,231 2.1 611,703
51 Ames National Corp. Iowa 48.05 46.98 9,892 9,294 6.4 1,157,724
52 Hometown Banc Corp Grand Island, Neb. 48.11 49.58 9,816 8,876 10.6 991,312
53 Lauritzen Corp. Omaha, Neb. 48.17 43.92 35,030 36,182 -3.2 1,652,447
54 Center Bancorp Inc. Union, N.J. 48.18 53.82 11,497 11,692 -1.7 1,501,022
55 County Bancorp Inc. Manitowoc, Wis. 48.23 46.01 7,269 6,183 17.6 702,024
56 First Financial Bankshares Inc. Abilene, Texas 48.37 48.98 53,212 52,047 2.2 4,291,804
57 First Illinois Bancorp Inc. East St. Louis 48.40 48.77 5,811 6,126 -5.1 554,023
58 Heartland Bancorp Inc. Bloomington, Ill. 48.44 62.15 26,041 27,777 -6.2 1,993,526
59 Educational Services of America Inc. Knoxville, Tenn. 48.48 58.09 14,700 12,775 15.1 1,857,069
60 BankUnited Inc. Miami Lakes, Fla. 48.65 NA 160,643 NA NA 12,429,961
61 Amarillo National Bancorp Inc. Texas 48.71 51.44 36,620 37,069 -1.2 3,095,934
  First Manitowoc Bancorp Inc. Wis. 48.71 57.68 10,237 10,928 -6.3 938,594
63 Liberty Bancshares Inc. Springfield, Mo. 48.75 48.36 14,191 13,353 6.3 1,048,018
64 The Bank of Southside Virginia Corp. Carson 48.89 47.93 6,883 7,168 -4.0 561,576
65 Home BancShares Inc. Conway, Ark. 49.05 51.93 48,388 47,421 2.0 4,056,405
66 First Bancorp Inc. Lebanon, Va. 49.15 52.21 15,219 14,465 5.2 1,230,429
67 Northern Bancorp Inc. Woburn, Mass. 49.25 47.79 8,761 7,883 11.1 758,825
68 CU Bank Shares Inc. Farmers Branch, Texas 49.38 161.58 6,551 8,142 -19.5 682,559
69 Barclays Delaware Holdings LLC Wilmington 49.44 46.18 376,104 323,646 16.2 16,522,713
70 Citizens and Northern Corp. Wellsboro, Pa. 49.47 51.90 16,797 16,057 4.6 1,327,527
71 Ida Grove Bancshares Inc. Iowa 49.48 47.10 11,030 10,608 4.0 1,173,321
72 Investors Bancorp MHC Millburn, N.J. 49.59 44.90 99,241 77,441 28.2 11,523,129
73 Lakeland Financial Corp. Warsaw, Ind. 49.75 48.19 28,920 28,133 2.8 2,976,237
74 FCT Bancshares Inc. Waco, Texas 49.82 NA 6,517 NA NA 619,981
75 Cashmere Valley Financial Corp. Cashmere, Wash. 49.88 53.91 11,299 12,186 -7.3 1,192,038
76 Peoples Financial Services Corp. Hallstead, Pa. 49.98 50.16 7,140 7,618 -6.3 638,714
77 Hudson Valley Holding Corp. Yonkers, N.Y. 50.06 60.54 41,699 40,622 2.7 2,816,244
78 Pacific Premier Bancorp Inc. Costa Mesa, Calif. 50.18 55.75 13,953 12,920 8.0 1,065,035
79 Clifton MHC N.J. 50.30 NA 6,968 NA NA 1,061,339
80 North Jersey Community Bancorp Inc. Englewood Cliffs, N.J. 50.38 51.35 8,606 6,860 25.5 822,322
81 Stockman Financial Corp. Miles City, Mont. 50.42 52.84 22,784 21,127 7.8 2,146,739
82 FirstBank Holding Co. Lakewood, Colo. 50.71 48.59 143,450 134,180 6.9 12,079,007
83 Penns Wood Bancorp Inc. Jersey Shore, Pa. 50.75 51.50 10,807 9,844 9.8 818,433
84 First Bancorp Inc. Damariscotta, Maine 50.84 48.39 12,867 12,693 1.4 1,424,757
85 Foresight Financial Group Inc. Rockford, Ill. 51.02 52.83 10,033 10,083 -0.5 886,756
86 SNBNY Holdings Ltd. New York 51.16 63.71 37,608 38,180 -1.5 5,755,590
87 Magnolia Banking Corp. Ark. 51.17 51.06 8,366 7,953 5.2 753,980
88 Intervest Bancshares Corp. New York 51.28 47.86 11,778 11,009 7.0 1,862,110
89 U.S. Bancorp Minneapolis 51.59 51.26 5,173,000 4,714,000 9.7 353,136,000
90 First Financial Banc Corp. El Dorado, Ark. 51.70 54.78 14,100 13,111 7.5 797,960
91 Franklin Financial Corp. Glen Allen, Va. 51.74 NA 8,033 NA NA 1,080,995
92 Traditional Bancorp. Inc. Mount Sterling, Ky. 51.76 50.08 11,669 11,071 5.4 1,065,988
93 NEB Corp. Fond du Lac, Wis. 51.81 52.19 16,522 16,008 3.2 1,427,143
94 Inwood Bancshares Inc. Dallas 51.86 54.99 13,794 13,746 0.3 1,447,012
95 Merchants Bancorp Inc. Hillsboro, Ohio 51.95 55.87 6,629 6,930 -4.3 578,390
96 Oriental Financial Group Inc. San Juan, Puerto Rico 51.98 61.41 57,264 60,630 -5.6 6,375,648
97 Flushing Financial Corp. N.Y. 51.99 NA 40,853 NA NA 4,435,829
98 Planters Financial Group Inc. Hopkinsville, Tenn. 52.07 51.10 6,748 6,316 6.8 678,134
99 Westbrand Inc. Minot, N.D. 52.09 57.33 6,831 6,808 0.3 758,291
100 Cathay General Bancorp El Monte, Calif. 52.13 55.08 87,404 92,854 -5.9 10,661,183
101 Texas Capital Bancshares Inc. Dallas 52.18 59.26 100,681 87,468 15.1 9,144,811
102 Eagle Bancorp Inc. Bethesda, Md. 52.23 56.59 37,227 29,207 27.5 2,965,756
103 Hills Bancorp. Iowa 52.25 49.00 23,737 21,575 10.0 2,052,449
104 Pulaski Financial Corp. St. Louis 52.30 NA 16,185 NA NA 1,345,691
105 Talmer Bancorp Inc. Troy, Mich. 52.35 63.09 52,923 52,899 0.0 2,241,541
106 West Bancorp. Inc. West Des Moines, Iowa 52.66 48.07 13,813 12,757 8.3 1,350,019
107 First Bank Corp Fort Smith, Ark. 52.81 51.72 22,229 22,604 -1.7 1,573,924
108 Park National Corp. Newark, Ohio 52.85 55.98 94,274 93,353 1.0 6,705,574
109 Crews Banking Corp. Wauchula, Fla. 52.90 56.29 15,491 15,311 1.2 1,200,377
110 Planters Holding Co. Indianola, Miss. 52.96 54.51 7,883 7,981 -1.2 696,870
111 Independence Bancshares Inc. Owensboro, Ky. 53.14 51.83 14,577 12,875 13.2 1,197,841
112 Bank of Marin Bancorp Novato, Calif. 53.25 52.53 19,520 19,128 2.0 1,407,000
113 1st Summit Bancorp of Johnstown Inc. Pa. 53.29 54.16 7,742 7,443 4.0 789,900
114 Wilshire Bancorp Inc. Los Angeles 53.46 49.17 34,359 32,105 7.0 2,591,394
115 American Chartered Bancorp Inc. Schaumburg, Ill. 53.49 75.12 32,907 33,378 -1.4 2,267,149
116 1867 Western Financial Corp. Stockton, Calif. 53.51 63.50 26,683 30,270 -11.9 2,038,811
117 Norwood Financial Corp., Honesdale, Pa. 53.53 58.58 7,929 7,432 6.7 684,867
118 Southern Missouri Bancorp Inc. Poplar Bluff 53.69 49.52 9,014 8,071 11.7 739,297
119 WestStar Bank Holding Co. Inc. El Paso, Texas 53.76 50.29 12,723 11,978 6.2 1,035,189
120 First Farmers Financial Corp. Converse, Ind. 53.79 52.41 13,018 10,751 21.1 1,108,765
121 Southern Bancshares Corp. St. Louis 53.93 73.36 6,765 7,042 -3.9 519,462
122 IMB Holdco LLC Pasadena, Calif. 54.01 NA 327,146 NA NA 24,959,052
123 First-West Texas Bancshares Inc. Midland 54.40 68.07 8,006 8,518 -6.0 747,918
124 Heartland BancCorp Gahanna, Ohio 54.58 60.07 7,943 7,564 5.0 571,789
125 Longview Financial Corp. Texas 54.65 54.59 18,640 17,785 4.8 1,473,602
126 Virginia Commerce Bancorp Inc. Arlington 54.66 50.89 32,185 28,970 11.1 3,017,276
127 Dimeco Inc. Honesdale, Pa. 54.68 58.65 7,101 6,959 2.0 608,543
128 Bar Harbor Bankshares Maine 54.76 54.41 11,941 11,297 5.7 1,242,241
129 Nodaway Valley Bancshares Inc. Maryville, Mo. 54.83 56.28 9,365 9,482 -1.2 776,427
130 United Community Bancorp Inc. Chatham, Ill. 54.85 56.90 14,607 14,327 2.0 1,259,163
131 Centrabanc Corp. Waco, Texas 54.92 55.88 6,350 6,056 4.9 608,389
132 Trustco Bank Corp NY Glenville 54.94 NA 41,818 NA NA 4,426,537
133 CBX Corp. Carrollton, Ill. 54.95 57.47 9,941 8,960 10.9 1,041,271
134 Citco Community Bancshares Inc. Elizabethton, Tenn. 54.98 52.19 8,326 7,790 6.9 623,188
135 Cardinal Financial Corp. McLean, Va. 55.03 62.17 38,451 29,973 28.3 2,714,170
136 S.Y. Bancorp Inc. Louisville, Ky. 55.21 58.04 31,739 30,868 2.8 2,083,714
137 Summit Bancorp Inc. Arkadelphia, Ark. 55.32 58.05 14,340 13,546 5.9 1,163,153
138 Pacific City Financial Corp. Los Angeles 55.41 54.42 8,828 8,759 0.8 594,779
139 Signature Bancorp Inc. Toledo, Ohio 55.46 NA 5,713 NA NA 548,973
140 T. Rowe Price Group Inc. Baltimore 55.66 NA 821,318 NA NA 4,116,922
141 Citizens Bankshares Inc. Farmington, N.M. 55.74 56.88 8,138 8,343 -2.5 687,960
142 Farmers & Merchants Bancorp Lodi, Calif. 55.81 50.30 24,721 21,890 12.9 1,928,310
143 Orange County Bancorp Inc. Middletown, N.Y. 55.82 54.71 7,533 7,213 4.4 668,398
144 Sunwest Bancorp Inc. Tustin, Calif. 55.83 50.45 12,316 14,093 -12.6 632,142
145 Whitcorp Financial Co. Garden City, Kan. 55.93 63.63 7,981 9,001 -11.3 681,065
146 Glacier Bancorp Inc. Kalispell, Mont. 56.07 54.34 87,726 83,790 4.7 7,434,102
147 Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 56.08 55.06 7,412 7,250 2.2 618,947
148 Pinnacle Bancorp Inc. Central City, Neb. 56.11 57.68 81,545 80,210 1.7 6,634,061
  CNB Financial Corp. Clearfield, Pa. 56.11 57.09 17,787 16,377 8.6 1,721,059
150 First Citizens Financial Corp. Mason City, Iowa 56.25 51.50 12,100 10,966 10.3 1,146,351
  Midland Financial Co. Oklahoma City 56.25 NA 145,496 NA NA 9,859,040
152 F&M Bank Corp. Timberville, Va. 56.29 58.90 6,565 6,611 -0.7 553,873
  Florida Community Bankshares Inc. Ocala 56.29 57.49 6,099 5,920 3.0 551,732
154 Community Trust Bancorp Inc. Pikeville, Ky. 56.33 61.34 49,898 53,693 -7.1 3,635,727
155 Citizens Bancorp Investment Inc. Lafayette, Tenn. 56.35 54.99 7,459 7,011 6.4 612,519
156 First Financial Bancorp. Cincinnati 56.36 50.48 108,719 110,287 -1.4 6,282,677
157 Security National Corp. Sioux City, S.D. 56.37 56.18 14,489 14,252 1.7 1,148,316
158 Central Banco. Inc. Jefferson City, Mo. 56.40 57.27 144,640 143,429 0.8 10,248,812
  OceanFirst Financial Corp. Toms River, N.J. 56.40 NA 26,338 NA NA 2,297,449
160 Provident Financial Services Inc. Jersey City, N.J. 56.44 56.74 74,392 71,170 4.5 7,134,851
161 Santander Holdings USA Inc. Boston 56.51 NA 820,071 NA NA 82,943,616
162 United Bankshares Inc. Charleston, W.Va. 56.63 54.59 98,796 82,884 19.2 8,457,009
163 Coppermark Bancshares Inc. Oklahoma City 56.67 57.62 16,294 16,863 -3.4 1,296,536
164 ESB Financial Corp. Ellwood City, Pa. 56.77 NA 15,073 NA NA 1,998,138
165 Camden National Corp. Maine 56.85 54.32 26,921 26,557 1.4 2,403,857
166 Liberty Bancshares Inc Jonesboro, Ark. 56.95 59.88 33,651 32,388 3.9 2,794,050
167 Southern Utah Bancorp. Cedar City 56.97 60.59 8,380 8,543 -1.9 709,094
168 American National Bankshares Inc. Danville, Va. 57.00 70.29 18,922 12,372 52.9 1,290,892
169 American Central Bancorp. Inc. Mount Zion, Ill. 57.02 57.69 8,858 7,926 11.8 675,563
170 First Nebraska Bancs Inc. Sidney 57.12 NA 6,797 NA NA 528,971
171 Bank of Hawaii Corp. Honolulu 57.13 60.47 166,389 181,138 -8.1 13,938,403
172 First National Bancshares Inc. East Lansing, Mich. 57.16 63.91 10,667 12,214 -12.7 606,858
173 Third Federal Savings & Loan Association MHC Cleveland 57.18 NA 80,568 NA NA 11,494,962
174 QNB Corp. Quakertown, Pa. 57.24 52.88 9,679 9,004 7.5 890,136
175 BB&T Corp. Winston-Salem, N.C. 57.31 64.17 2,696,024 2,570,412 4.9 178,529,372
176 American National Corp. Omaha, Neb. 57.34 52.76 28,283 23,729 19.2 2,058,396
177 Starion Bancorp. Bismarck, N.D. 57.39 58.88 12,342 10,211 20.9 940,393
178 Santander BanCorp San Juan, Puerto Rico 57.41 50.88 135,398 126,691 6.9 7,010,815
179 German American Bancorp Inc. Jasper, Ind. 57.43 63.37 25,016 26,141 -4.3 1,944,848
180 Midwest Banc Holding Co. Pierce, Neb. 57.68 61.94 6,252 6,087 2.7 523,895
181 Lakeland Bancorp Inc. Oak Ridge, N.J. 57.69 58.16 32,745 33,758 -3.0 2,853,293
182 Columbia Banking System Inc. Tacoma, Wash. 57.74 79.05 92,651 102,280 -9.4 4,789,413
183 Fulton Financial Corp. Lancaster, Pa. 57.75 53.73 224,217 204,041 9.9 16,320,210
184 National Penn Bancshares Inc. Boyertown, Pa. 57.76 59.09 104,709 110,958 -5.6 8,395,864
185 CB&T Holding Corp. New Orleans 57.89 72.44 27,265 23,335 16.8 722,969
186 Platte Valley Financial Service Cos. Inc. Scottsbluff, Neb. 57.91 64.51 10,927 10,908 0.2 665,758
187 The Bank of Kentucky Financial Corp. Crestview Hills 57.93 56.01 22,869 21,215 7.8 1,703,865
188 Fidelity Holding Co. Minnetonka, Minn. 57.98 64.83 4,232 3,729 13.5 401,358
189 Midland Financial Corp. Casper, Wyo. 58.09 61.16 7,844 7,781 0.8 611,273
190 First Keystone Corp. Berwick, Pa. 58.13 52.11 10,327 8,747 18.1 806,669
191 Western Alliance Bancorp. Phoenix 58.18 68.72 88,730 84,291 5.3 7,163,572
192 Citizens Bank Holding Inc. Mukwonago, Wis. 58.24 68.70 8,042 8,136 -1.2 674,636
193 Integrity Bancshares Inc. Camp Hill, Pa. 58.37 60.68 6,922 6,790 1.9 650,848
194 International Bancshares Corp. Laredo, Texas 58.39 60.46 140,033 159,231 -12.1 11,555,996
195 Hometown Community Bancorp Inc. Morton, Ill. 58.45 57.14 26,159 24,717 5.8 2,767,272
  Citizens Bancshares Inc. Bluffton, Ohio 58.45 55.48 9,351 7,951 17.6 611,128
197 Carlinville National Bank Shares Inc. Ill. 58.49 65.81 8,767 8,964 -2.2 703,924
198 ESB Bancorp MHC Easthampton, Mass. 58.70 58.29 10,359 9,753 6.2 966,070
199 Mid Illinois Bancorp Inc. Peoria 58.73 59.04 7,810 7,740 0.9 676,917
200 Middlefield Banc Corp Ohio 58.79 60.15 7,971 8,414 -5.3 653,318


Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of Dec. 31, 2011, are included. *Noninterest expense divided by (total income minus interest expense). Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies operating as of June 30, 2012. Thrift data for 2011 are not available due to revised reporting standards.

Source:

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