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Banks, thrifts and holding companies

Most Efficient Bank Holding Companies

August 12, 2014, 5:34 p.m. EDT 1 Min Read
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Most Efficient Bank Holding Companies

Most Efficient Bank Holding CompaniesYear to date through Dec. 31. Dollars in thousands
Published August 12, 2014
Rank   Efficiency Ratio* Noninterest Expenses 4Q 2013
Assets
2013 2012 2013 2012 Change
1 Briscoe Ranch Inc. Uvalde, Texas 13.44 5.37 $15,171 $29,569 -48.7% $2,501,885
2 Beal Financial Corp. Plano, Texas 19.47 26.81 156,010 206,818 -24.6 1,170,525
3 Merchants Bancorp Carmel, Ind. 23.62 NA 12,268 NA NA 8,896,651
4 Silver Queen Financial Services Inc. Greenwood Village, Colo. 30.63 39.99 11,009 7,865 40.0 1,153,821
5 United National Corp. Sioux Falls, S.D. 36.54 38.48 271,663 260,252 4.4 7,175,848
6 Oritani Financial Corp. Township of Washington, N.J. 37.08 37.55 38,904 37,060 5.0 1,899,084
7 ServisFirst Bancshares Inc. Birmingham, Ala. 37.98 39.71 46,779 40,915 14.3 870,254
8 Industry Bancshares Inc. Texas 38.38 38.56 35,749 35,861 -0.3 471,642
9 First Security Bancorp Searcy, Ark. 38.66 39.49 123,017 126,874 -3.0 1,014,385
10 Discover Financial Services Riverwoods, Ill. 38.98 40.25 3,229,672 3,128,664 3.2 2,830,813
11 Villages Bancorp. Inc. The Villages, Fla. 39.66 32.04 20,090 17,892 12.3 2,058,845
12 Prosperity Bancshares Inc. Houston 40.22 41.51 245,200 196,790 24.6 3,601,233
13 BofI Holding Inc. San Diego 40.43 37.61 58,755 43,046 36.5 3,140,752
14 Washington Federal Inc. Seattle 41.01 59.29 167,627 238,244 -29.6 2,306,937
15 Lauritzen Corp. Omaha, Neb. 41.26 48.72 76,054 69,744 9.0 74,944,466
16 Luther Burbank Corp. Santa Rosa, Calif. 41.89 29.71 44,456 36,025 23.4 4,408,949
17 Stearns Financial Services Inc. St. Cloud, Minn. 41.95 39.52 49,162 45,705 7.6 1,564,745
18 New York Community Bancorp Inc. Westbury 43.45 40.77 607,336 612,983 -0.9 1,721,768
19 Intervest Bancshares Corp. New York 43.69 51.17 19,457 24,218 -19.7 1,604,577
20 Bank of the Ozarks Inc. Little Rock, Ark. 45.00 45.83 126,069 114,461 10.1 3,090,771
21 SVB Financial Group Santa Clara, Calif. 45.34 57.47 621,680 545,999 13.9 738,518
22 CVB Financial Corp. Ontario, Calif. 45.48 51.81 113,493 136,997 -17.2 946,925
23 Dime Community Bancshares Inc. Brooklyn, N.Y. 45.95 56.21 62,185 90,219 -31.1 1,135,911
24 Olney Bancshares of Texas Inc. 46.59 43.73 43,637 37,466 16.5 822,565
25 Center Bancorp Inc. Union, N.J. 46.88 49.73 25,278 25,197 0.3 16,275,854
26 BBCN Bancorp Inc. Los Angeles 47.39 43.05 141,108 119,941 17.6 13,012,483
27 Capitol Federal Financial Inc. Topeka, Kan. 47.52 44.00 95,295 90,977 4.7 595,046
28 East West Bancorp Inc. Pasadena, Calif. 47.65 43.98 415,658 405,542 2.5 8,435,916
29 John Deere Capital Corp. Reno, Nev. 48.03 49.67 688,799 612,858 12.4 1,100,093
30 Ames National Corp. Iowa 48.29 47.54 21,157 20,501 3.2 712,896
31 Amarillo National Bancorp Inc. Texas 48.45 48.67 78,978 76,086 3.8 923,393
32 Eagle Bancorp Inc. Bethesda, Md. 49.00 50.66 83,990 76,958 9.1 540,895
33 Westamerica Bancorp. San Rafael, Calif. 49.11 45.13 116,405 122,803 -5.2 1,128,033
34 ConnectOne Bancorp Inc. Englewood Cliffs, N.J. 49.12 49.11 20,651 17,489 18.1 1,596,639
35 Hudson City Bancorp Inc. Paramus, N.J. 49.76 41.21 309,837 356,604 -13.1 44,185,838
36 Stockman Financial Corp. Miles City, Mont. 49.87 50.98 54,478 49,471 10.1 984,728
37 Barclays Delaware Holdings LLC Wilmington 49.99 49.18 949,843 849,519 11.8 513,642
38 First Financial Bankshares Inc. Abilene, Texas 50.14 48.67 126,012 109,048 15.6 3,951,243
39 NEB Corp. Fond Du Lac, Wis. 50.24 48.62 32,030 33,485 -4.3 23,314,135
40 Ida Grove Bancshares Inc. Iowa 50.59 47.57 23,830 22,104 7.8 39,696,453
41 Hometown Banc Corp Grand Island, Neb. 50.78 44.67 21,861 20,386 7.2 738,363
42 National Americas Holdings LLC New York 50.99 53.07 201,954 208,045 -2.9 9,258,430
43 Lakeland Financial Corp. Warsaw, Ind. 51.01 49.72 62,762 57,724 8.7 4,043,632
44 U.S. Bancorp Minneapolis 51.29 50.20 10,295,000 10,478,000 -1.7 881,117
45 BankUnited Inc. Miami Lakes, Fla. 51.34 49.20 371,922 340,187 9.3 1,091,086
46 First Bancorp Inc. Lebanon, Va. 51.35 50.58 31,859 30,779 3.5 798,203
47 Flushing Financial Corp. Lake Success, N.Y. 51.50 49.68 79,454 80,447 -1.2 4,091,337
48 Heartland Bancorp Inc. Bloomington, Ill. 51.58 44.06 92,849 58,521 58.7 2,091,816
49 Hometown Community Bancorp Inc. Morton, Ill. 51.61 56.26 50,722 52,782 -3.9 3,514,546
50 First Farmers Financial Corp. Converse, Ind. 51.73 53.06 29,404 27,772 5.9 5,863,015
51 First of Long Island Corp. Glen Head, N.Y. 51.89 56.29 39,492 41,244 -4.2 6,425,556
52 Home BancShares Inc. Conway, Ark. 52.30 47.67 132,475 101,527 30.5 1,605,698
53 WNB Bancshares Inc. Odessa, Texas 52.37 43.68 23,077 25,558 -9.7 572,717
54 Wilshire Bancorp Inc. Los Angeles 52.73 55.59 77,057 72,236 6.7 741,766
55 Capital One Financial Corp. McLean, Va. 53.28 53.23 12,665,548 11,906,454 6.4 763,921
56 Cathay General Bancorp Los Angeles 53.40 51.77 197,997 183,454 7.9 506,117
57 USAmeriBancorp Inc. Clearwater, Fla. 53.45 65.41 71,106 69,737 2.0 617,030
58 IMB HoldCo LLC Pasadena, Calif. 53.47 58.41 391,751 789,968 -50.4 527,010
59 Traditional Bancorp. Inc. Mount Sterling, Ky. 53.55 51.80 24,264 23,414 3.6 30,737,599
60 Independence Bancshares Inc. Owensboro, Ky. 53.56 53.04 31,838 29,147 9.2 13,233,425
61 Western Alliance Bancorp. Phoenix 53.59 53.31 199,526 186,253 7.1 714,573
62 Central Community Corp. Temple, Texas 53.90 61.89 33,000 32,685 1.0 1,030,487
63 Southeastern Bank Financial Corp. Augusta, Ga. 53.96 58.99 39,724 42,282 -6.0 569,983
64 West Bancorp. Inc. West Des Moines, Iowa 54.02 52.46 29,656 27,499 7.8 4,982,605
65 Inwood Bancshares Inc. Dallas 54.44 50.18 31,461 28,232 11.4 845,741
66 PrivateBancorp Inc. Chicago 54.45 58.48 286,306 297,963 -3.9 1,206,914
67 FirstBank Holding Co. Lakewood, Colo. 54.76 53.05 306,127 286,655 6.8 988,733
  Citizens & Northern Corp. Wellsboro, Pa. 54.76 52.12 34,414 35,181 -2.2 4,814,924
69 Hills Bancorp. Iowa 54.82 59.27 49,215 53,883 -8.7 25,468,760
70 Glacier Bancorp Inc. Kalispell, Mont. 54.88 56.62 189,505 177,730 6.6 879,076
71 Popular Inc. Hato Rey, Puerto Rico 54.97 63.52 1,249,000 1,187,000 5.2 2,787,397
72 First Bancorp Inc. Damariscotta, Maine 55.03 50.64 28,962 26,274 10.2 406,835
73 Texas Capital Bancshares Inc. Dallas 55.14 51.57 255,972 213,844 19.7 679,437
74 Hanmi Financial Corp. Los Angeles 55.16 59.97 76,233 74,315 2.6 577,542
  Crews Banking Corp. Wauchula, Fla. 55.16 53.06 32,234 31,434 2.5 3,414,031
76 United Bankshares Inc. Charleston, W.Va. 55.19 55.80 189,250 199,192 -5.0 897,592
77 Farmers & Merchants Bancorp Lodi, Calif. 55.27 53.84 50,810 48,138 5.6 13,314,260
78 Square 1 Financial Inc. Durham, N.C. 55.47 61.68 56,975 50,382 13.1 1,416,968
79 Provident Financial Services Inc. Jersey City, N.J. 55.54 55.95 148,439 148,427 0.0 815,024
80 City Holding Co. Charleston, W.Va. 55.57 56.57 102,166 86,050 18.7 1,078,518
81 Bar Harbor Bankshares Maine 55.61 56.47 26,567 25,611 3.7 20,307,832
82 Pinnacle Financial Partners Inc. Nashville, Tenn. 55.62 63.26 126,581 126,602 0.0 748,967
83 Park National Corp. Newark, Ohio 55.76 56.41 188,529 187,968 0.3 353,415,000
84 American National Bankshares Inc. Danville, Va. 55.97 54.80 34,120 36,529 -6.6 1,142,475
85 Anchor BanCorp Wisconsin Inc. Madison 56.14 112.40 126,158 110,718 13.9 2,977,007
86 New York Private Bank & Trust Corp. 56.23 82.23 238,619 229,968 3.8 705,703
87 Nicolet Bankshares Inc. Green Bay, Wis. 56.30 70.64 36,431 24,063 51.4 9,711,810
88 Midland Financial Co. Oklahoma City 56.33 57.27 312,475 307,316 1.7 536,311
89 First Bank Corp Fort Smith, Ark. 56.34 53.37 45,636 45,533 0.2 2,227,862
90 Wells Fargo & Co. San Francisco 56.35 56.35 49,263,000 50,607,000 -2.7 2,425,302
91 Southside Bancshares Inc. Tyler, Texas 56.57 62.03 81,668 76,097 7.3 513,834
92 TrustCo Bank Corp NY Glenville 56.60 54.82 90,294 85,543 5.6 518,510
93 M&T Bank Corp. Buffalo, N.Y. 56.69 55.67 2,570,029 2,435,588 5.5 836,506
94 ESB Financial Corp. Ellwood City, Pa. 56.76 56.34 29,959 30,036 -0.3 576,396
95 International Bancshares Corp. Laredo, Texas 56.93 65.03 289,689 313,040 -7.5 1,617,489
96 Pinnacle Bancorp Inc. Central City, Neb. 56.95 55.79 183,405 169,354 8.3 1,288,955
97 Bank of Kentucky Financial Corp. Crestview Hills, Ky. 57.49 57.09 46,745 46,338 0.9 1,477,860
98 North American Bancshares Inc. Sherman, Texas 57.59 62.00 49,262 51,290 -4.0 1,203,103
99 Summit Bancorp Inc. Arkadelphia, Ark. 57.68 58.46 29,308 29,383 -0.3 1,075,086
100 OFG Bancorp San Juan, Puerto Rico 57.70 69.56 251,332 126,982 97.9 3,793,258
101 MidWestOne Financial Group Inc. Iowa City, Iowa 57.79 62.75 42,538 49,400 -13.9 705,944
102 American National Corp. Omaha, Neb. 58.26 55.61 69,790 60,600 15.2 669,318
103 Fifth Third Bancorp Cincinnati 58.31 61.66 3,960,541 4,080,697 -2.9 555,987
104 Pulaski Financial Corp. St. Louis 58.35 52.93 36,191 33,396 8.4 639,899
105 United Community Bancorp Inc. Chatham, Ill. 58.39 51.65 31,942 29,328 8.9 1,310,087
106 First York Ban Corp. Neb. 58.40 58.14 35,476 34,980 1.4 798,433
107 German American Bancorp Inc. Jasper, Ind. 58.45 56.01 54,905 50,923 7.8 697,606
108 Financial Institutions Inc. Warsaw, N.Y. 58.51 62.94 69,194 71,206 -2.8 4,798,850
  CBX Corp. Carrollton, Ill. 58.51 54.85 22,076 20,664 6.8 688,974
110 Educational Services of America Inc. Knoxville, Tenn. 58.55 57.31 51,809 34,198 51.5 6,258,350
111 SNBNY Holdings Limited New York 58.72 50.13 88,503 80,453 10.0 796,438
112 Customers Bancorp Inc. Wyomissing, Pa. 58.82 54.38 73,609 51,853 42.0 663,756
113 Fishback Financial Corp. Brookings, S.D. 58.91 62.84 58,697 55,102 6.5 1,451,646
114 Watford City Bancshares Inc. N.D. 58.98 60.75 46,788 40,186 16.4 1,548,751
115 First Business Financial Services Inc. Madison, Wis. 59.13 61.04 30,051 28,749 4.5 529,687
116 First Bancshares Inc. Merrillville, Ind. 59.16 57.35 70,683 66,782 5.8 737,351
117 S&T Bancorp Inc. Indiana, Pa. 59.21 64.01 117,379 121,624 -3.5 686,346
  Community Trust Bancorp Inc. Pikeville, Ky. 59.21 57.81 110,251 103,554 6.5 13,022,264
119 Third Federal Savings and Loan of Cleveland MHC 59.30 56.80 170,914 164,667 3.8 83,229,005
120 First Bancorp Southern Pines, N.C. 59.41 70.11 96,347 97,279 -1.0 407,980
121 Austin BanCorp Inc. Jacksonville, Texas 59.42 58.89 46,754 47,135 -0.8 701,387
122 CNB Financial Corp. Clearfield, Pa. 59.47 54.75 43,813 35,819 22.3 2,072,292
123 Penns Woods Bancorp Inc. Williamsport, Pa. 59.64 51.32 30,267 22,023 37.4 2,493,994
124 Commerce Bancshares Inc. Kansas City, Mo. 59.65 59.77 640,484 677,312 -5.4 2,786,326
125 Bank of Hawaii Corp. Honolulu 59.66 56.97 331,894 334,854 -0.9 830,833
126 Arrow Financial Corp. Glens Falls, N.Y. 59.73 58.62 53,203 51,836 2.6 603,363
127 PNC Financial Services Group Inc. Pittsburgh 59.87 66.48 9,768,338 10,494,140 -6.9 296,670,314
128 BB&T Corp. Winston-Salem, N.C. 59.93 57.40 5,871,888 5,660,861 3.7 557,496
129 Sandy Spring Bancorp Inc. Olney, Md. 60.00 64.19 111,827 109,023 2.6 1,348,402
130 C&F Financial Corp. West Point, Va. 60.02 62.18 57,520 63,922 -10.0 445,020
131 Cullen/Frost Bankers Inc. San Antonio 60.06 59.79 610,225 571,028 6.9 4,599,216
132 CM Florida Holdings Inc. Coral Gables 60.15 59.84 99,817 95,657 4.3 1,489,015
133 Commerce Bancshares Corp. Worcester, Mass. 60.17 60.20 36,818 37,228 -1.1 688,791
134 Camden National Corp. Maine 60.31 60.93 66,247 58,738 12.8 2,773,413
135 Longview Financial Corp. Texas 60.34 54.94 44,203 37,995 16.3 2,836,235
136 WesBanco Inc. Wheeling, W.Va. 60.52 61.93 160,451 149,315 7.5 1,182,701
137 Apple Financial Holdings Inc. New York 60.72 45.89 112,121 88,632 26.5 582,723
138 First Niagara Financial Group Inc. Buffalo, N.Y. 60.74 72.93 931,023 1,049,873 -11.3 1,007,041
139 Enterprise Financial Services Corp Clayton, Mo. 60.78 55.82 90,625 86,660 4.6 880,321
140 First Citizens Financial Corp. Mason City, Iowa 60.79 58.46 24,478 24,539 -0.2 1,343,322
141 Stock Yards Bancorp Inc. Louisville, Ky. 60.88 57.81 72,521 66,644 8.8 10,978,295
142 TriState Capital Holdings Inc. Pittsburgh 60.91 60.51 40,814 37,865 7.8 8,480,268
143 Susquehanna Bancshares Inc. Lititz, Pa. 60.96 62.82 490,840 490,018 0.2 1,294,017
144 Central Bancompany Inc. Jefferson City, Mo. 61.08 57.34 305,559 301,095 1.5 851,575
145 Webster Financial Corp. Waterbury, Conn. 61.21 63.55 501,089 505,322 -0.8 1,694,521
146 F.N.B. Corp. Hermitage, Pa. 61.30 60.53 338,170 318,829 6.1 1,781,268
147 Bancorp Inc. Wilmington, Del. 61.36 63.84 112,891 87,876 28.5 5,373,164
148 Discount Bancorp Inc. New York 61.37 73.36 130,768 185,322 -29.4 580,451
149 Washington Trust Bancorp Inc. Westerly, R.I. 61.44 64.66 98,758 101,906 -3.1 1,264,680
150 Plains Bancorp Inc. Dimmitt, Texas 61.56 59.31 27,669 25,859 7.0 2,006,777
151 Fremont Bancorp. Calif. 61.64 60.88 136,626 128,190 6.6 3,638,251
152 American Bancor Ltd. Dickinson, N.D. 61.84 59.88 35,636 33,237 7.2 556,842
153 Dacotah Banks Inc. Aberdeen, S.D. 61.91 59.11 56,272 50,584 11.2 7,996,816
154 First Financial Corp. Terre Haute, Ind. 61.98 59.22 94,625 92,725 2.0 754,521
155 Franklin Resources Inc. San Mateo, Calif. 62.00 63.63 5,135,715 4,713,415 9.0 123,360,351
  RCB Holding Co. Inc. Claremore, Okla. 62.00 60.51 54,078 52,791 2.4 673,864
157 Brookline Bancorp Inc. Boston 62.09 58.75 122,281 120,008 1.9 1,197,271
158 Santander Holdings USA Inc. Boston 62.11 68.69 1,776,601 1,973,314 -10.0 7,274,079
159 Security National Corp. Dakota Dunes, S.D. 62.23 59.49 31,701 30,769 3.0 588,523
160 First Interstate BancSystem Inc. Billings, Mont. 62.33 62.00 220,652 221,343 -0.3 938,243
161 United Community Banks Inc. Blairsville, Ga. 62.42 64.84 170,782 177,961 -4.0 1,897,431
162 Lakeland Bancorp Inc. Oak Ridge, N.J. 62.45 59.18 78,741 67,673 16.4 764,226
163 Bridge Bancorp Inc. Bridgehampton, N.Y. 62.48 59.66 37,848 33,678 12.4 13,476,493
164 Triumph Bancorp Inc. Dallas 62.53 NA 32,963 NA NA 1,228,344
165 ViewPoint Financial Group Inc. Plano, Texas 62.54 59.68 88,817 88,359 0.5 8,593,684
166 Anchor Bancorp Inc. Wayzata, Minn. 62.66 62.07 41,805 39,281 6.4 956,612
167 First Community Bancshares Inc. Bluefield, Va. 62.75 59.57 77,466 77,416 0.1 2,814,768
168 CBFH Inc. Beaumont, Texas 62.76 65.65 56,509 46,772 20.8 9,049,315
169 First Mid-Illinois Bancshares Inc. Mattoon, Ill. 62.83 61.38 43,706 42,804 2.1 1,206,958
170 1st Source Corp. South Bend, Ind. 62.84 64.29 149,744 153,511 -2.5 22,165,054
171 WSFS Financial Corp. Wilmington, Del. 62.97 67.90 132,683 129,520 2.4 1,060,756
172 Wilson Bank Holding Co. Lebanon, Tenn. 63.09 58.75 47,141 41,808 12.8 2,856,520
173 Chemical Financial Corp. Midland, Mich. 63.19 61.50 170,542 156,297 9.1 79,218,184
174 Valley View Bancshares Inc. Overland Park, Kan. 63.21 65.62 69,263 68,818 0.6 680,841
175 First Defiance Financial Corp. Defiance, Ohio 63.30 62.34 64,104 65,185 -1.7 11,991,050
176 First Citizens Bancshares Inc. Dyersburg, Tenn. 63.32 60.62 33,213 30,892 7.5 665,122
177 Territorial Bancorp Inc. Honolulu 63.33 60.65 34,956 34,400 1.6 576,754
178 BCB Bancorp Inc. Bayonne, N.J. 63.34 99.30 31,688 33,365 -5.0 1,440,563,000
179 Codorus Valley Bancorp Inc. York, Pa. 63.37 64.57 29,831 28,303 5.4 1,759,215
180 Horizon Bancorp Michigan City, Ind. 63.38 60.55 58,445 54,024 8.2 589,456
181 Bridge Capital Holdings San Jose, Calif. 63.43 63.07 52,514 46,641 12.6 936,514
182 Bryn Mawr Bank Corp. Pa. 63.47 64.79 80,538 74,739 7.8 542,765
183 BancWest Corp. San Francisco 63.52 61.76 1,822,822 1,812,133 0.6 4,443,064
184 Huntington Bancshares Inc. Columbus, Ohio 63.58 62.92 1,777,505 1,822,288 -2.5 1,120,948
185 1867 Western Financial Corp. Stockton, Calif. 63.60 60.33 57,555 55,700 3.3 988,988
186 Fulton Financial Corp. Lancaster, Pa. 63.62 57.62 466,069 449,334 3.7 688,213
187 General Electric Capital Corp. Norwalk, Conn. 63.78 64.76 23,626,405 23,353,242 1.2 883,740
188 Northfield Bancorp Inc. Woodbridge, N.J. 63.80 NA 54,085 NA NA 2,707,415
189 Bremer Financial Corp. St. Paul, Minn. 63.88 61.39 263,572 251,798 4.7 650,455
190 First National of Nebraska Inc. Omaha 63.89 64.47 777,933 757,557 2.7 572,324
  People's Utah Bancorp American Fork 63.89 62.00 36,633 31,382 16.7 3,094,473
192 Wintrust Financial Corp. Rosemont, Ill. 63.93 65.41 502,608 493,265 1.9 534,724
193 Summit Financial Group Inc. Moorefield, W.Va. 64.12 65.96 30,516 30,160 1.2 712,239
194 Citigroup Inc. New York 64.17 74.94 50,974,000 52,850,000 -3.5 1,276,069
  BOK Financial Corp. Tulsa, Okla. 64.17 62.01 842,908 829,697 1.6 661,634
196 Tompkins Financial Corp. Ithaca, N.Y. 64.43 72.21 153,102 137,608 11.3 842,774
197 Community First Bancshares Inc. Union City, Tenn. 64.51 66.14 52,431 49,609 5.7 638,106
198 First Fidelity Bancorp Inc. Oklahoma City 64.53 66.39 41,268 37,668 9.6 725,597
199 Bank of Marin Bancorp Novato, Calif. 64.54 54.04 44,092 38,694 14.0 623,461
200 American Bank Holding Corp. Corpus Christi, Texas 64.56 67.89 39,480 37,078 6.5 10,481,397


Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of May 13, 2014, 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:

SNL Financial
, Charlottesville, Va.
© 2014 American Banker

Banks, thrifts and holding companies