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Banks, thrifts and holding companies

Most Efficient Bank Holding Companies

November 17, 2014, 2:39 p.m. EST 1 Min Read
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Most Efficient Bank Holding Companies

 

Most Efficient Bank Holding CompaniesYear to date through March 31, 2014. Dollars in thousands.
Published November 17, 2014
Rank   Efficiency Ratio* Noninterest Expenses 1Q 2014
Assets
2014 2013 2014 2013 Change
1 Santander Holdings USA Inc. Boston 16.91 50.30 $730,216 $410,858 77.7% $109,168,077
2 Beal Financial Corp. Plano, Texas 19.70 19.50 34,170 41,066 -16.8 8,571,737
3 Briscoe Ranch Inc. Uvalde, Texas 22.23 12.00 7,247 4,102 76.7 1,333,112
4 Merchants Bancorp Carmel, Ind. 27.88 22.80 2,860 2,976 -3.9 1,288,405
5 SVB Financial Group Santa Clara, Calif. 34.02 61.54 172,437 149,014 15.7 29,724,778
6 BofI Holding Inc. San Diego 34.44 41.55 14,392 13,774 4.5 3,850,825
7 Industry Bancshares Inc. Texas 36.53 40.06 9,427 8,773 7.5 2,604,926
8 Discover Financial Services Riverwoods, Ill. 37.78 38.09 788,472 763,028 3.3 79,583,709
9 United National Corp. Sioux Falls, S.D. 37.80 35.98 77,685 66,272 17.2 2,075,504
10 Stearns Financial Services Inc. St. Cloud, Minn. 38.24 41.00 11,468 10,971 4.5 1,644,039
11 Oritani Financial Corp. Township of Washington, N.J. 38.44 37.57 9,824 9,850 -0.3 3,007,787
12 Prosperity Bancshares Inc. Houston 39.37 40.17 70,516 55,229 27.7 18,921,328
13 Silver Queen Financial Services Inc. Greenwood Village, Colo. 39.70 28.02 3,210 2,313 38.8 1,627,828
14 First Security Bancorp Searcy, Ark. 39.86 37.27 30,087 30,413 -1.1 4,553,295
15 ServisFirst Bancshares Inc. Birmingham, Ala. 40.72 36.51 13,537 10,466 29.3 3,572,914
16 Home BancShares Inc. Conway, Ark. 41.95 45.85 39,159 25,682 52.5 6,780,776
17 Ames National Corp. Iowa 42.29 46.99 5,330 5,165 3.2 1,257,983
18 Capitol Federal Financial Inc. Topeka, Kan. 42.40 46.08 21,876 23,213 -5.8 9,129,762
19 Villages Bancorp. Inc. The Villages, Fla. 43.12 39.70 4,914 4,985 -1.4 1,644,951
20 Lauritzen Corp. Omaha, Neb. 43.62 24.36 16,421 16,867 -2.6 1,846,245
21 CVB Financial Corp. Ontario, Calif. 43.99 49.48 31,013 30,712 1.0 6,902,518
22 Intervest Bancshares Corp. New York 45.17 39.45 5,220 4,125 26.5 1,596,027
23 New York Community Bancorp Inc. Westbury 45.39 45.87 146,313 156,295 -6.4 47,567,470
24 NEB Corp. Fond Du Lac, Wis. 46.69 51.16 7,641 8,195 -6.8 1,733,892
25 Washington Federal Inc. Seattle 47.05 42.34 51,025 40,272 26.7 14,364,599
26 Lakeside Bancorp Inc. Chicago 47.14 43.76 5,745 5,145 11.7 1,137,931
27 BBCN Bancorp Inc. Los Angeles 47.18 47.38 36,147 33,152 9.0 6,667,551
28 Dime Community Bancshares Inc. Brooklyn, N.Y. 47.31 47.63 15,703 16,181 -3.0 4,280,369
29 First Financial Bankshares Inc. Abilene, Texas 47.46 48.86 32,447 27,471 18.1 5,281,027
30 Ida Grove Bancshares Inc. Iowa 47.82 51.09 5,660 5,758 -1.7 1,276,796
31 Bank of the Ozarks Inc. Little Rock, Ark. 48.74 45.96 37,454 29,231 28.1 5,028,893
32 H&R Block Inc. Kansas City, Mo. 49.25 51.60 1,033,869 1,028,477 0.5 4,861,129
33 Olney Bancshares of Texas Inc. 49.34 46.13 12,032 10,613 13.4 2,528,384
34 Northern Bancorp Inc. Woburn, Mass. 49.41 49.11 5,781 5,083 13.7 1,140,278
35 Amarillo National Bancorp Inc. Texas 49.98 47.83 20,035 19,900 0.7 3,865,201
36 East West Bancorp Inc. Pasadena, Calif. 50.42 46.33 122,833 96,412 27.4 27,401,438
  Apple Financial Holdings Inc. New York 50.42 48.56 29,488 21,506 37.1 11,575,745
38 John Deere Capital Corp. Reno, Nev. 50.53 52.53 190,318 173,407 9.8 33,333,935
39 Western Alliance Bancorp. Phoenix 50.56 55.64 53,570 46,441 15.4 9,746,624
40 Discount Bancorp Inc. New York 50.57 72.34 35,009 44,108 -20.6 9,743,238
41 Westamerica Bancorp. San Rafael, Calif. 51.04 48.22 27,887 29,509 -5.5 4,922,227
42 Eagle Bancorp Inc. Bethesda, Md. 51.14 48.13 22,547 20,697 8.9 3,804,239
43 OFG Bancorp San Juan, Puerto Rico 51.35 59.06 57,036 64,561 -11.7 7,855,638
44 National Americas Holdings LLC New York 51.37 53.92 48,361 53,447 -9.5 9,207,365
45 City Holding Co. Charleston, W.Va. 51.72 66.48 22,944 29,555 -22.4 3,396,158
46 Lakeland Financial Corp. Warsaw, Ind. 51.87 50.98 17,040 14,890 14.4 3,236,348
47 First of Long Island Corp. Glen Head, N.Y. 52.09 52.94 10,188 9,780 4.2 2,407,115
48 Capital One Financial Corp. McLean, Va. 52.26 52.72 2,944,393 3,156,588 -6.7 290,886,180
49 U.S. Bancorp Minneapolis 52.30 49.82 2,563,000 2,486,000 3.1 371,289,000
50 Hometown Banc Corp Grand Island, Neb. 52.38 52.75 5,800 5,296 9.5 1,183,023
51 Square 1 Financial Inc. Durham, N.C. 52.73 62.33 15,727 13,302 18.2 2,469,609
52 TrustCo Bank Corp NY Glenville 52.75 57.56 21,941 22,708 -3.4 4,575,011
53 Cathay General Bancorp Los Angeles 52.87 55.74 48,398 51,277 -5.6 11,291,188
54 BankUnited Inc. Miami Lakes, Fla. 52.89 47.28 108,981 82,540 32.0 15,751,652
55 Farmers & Merchants Bancorp Lodi, Calif. 52.91 56.78 11,674 12,949 -9.8 2,128,071
56 Anchor Bancorp Inc. Wayzata, Minn. 53.26 65.18 10,395 9,973 4.2 1,436,640
57 Glacier Bancorp Inc. Kalispell, Mont. 53.27 54.73 49,291 42,715 15.4 7,830,856
58 Hometown Community Bancorp Inc. Morton, Ill. 53.31 52.95 12,979 12,048 7.7 2,839,718
59 United Bankshares Inc. Charleston, W.Va. 53.44 54.22 59,679 47,527 25.6 11,886,320
60 ESB Financial Corp. Ellwood City, Pa. 53.50 56.41 7,243 7,268 -0.3 1,939,670
61 Southside Bancshares Inc. Tyler, Texas 53.54 66.38 20,127 20,344 -1.1 3,434,344
62 Independence Bancshares Inc. Owensboro, Ky. 53.56 53.64 8,522 7,496 13.7 1,388,694
63 Bar Harbor Bankshares Maine 53.61 55.31 6,846 6,308 8.5 1,404,083
64 First Farmers Financial Corp. Converse, Ind. 53.70 48.65 7,449 7,164 4.0 1,235,043
65 Stockman Financial Corp. Miles City, Mont. 53.75 48.95 13,236 12,281 7.8 2,590,892
66 International Bancshares Corp. Laredo, Texas 53.92 66.07 76,867 79,999 -3.9 12,144,185
  North American Bancshares Inc. Sherman, Texas 53.92 61.83 11,460 12,426 -7.8 2,123,076
68 Barclays Delaware Holdings LLC Wilmington 53.94 49.58 252,616 225,391 12.1 20,089,504
69 Midland Bancshares Inc. Texas 54.02 62.16 5,289 5,183 2.0 1,148,853
70 Luther Burbank Corp. Santa Rosa, Calif. 54.20 36.53 13,923 10,122 37.6 3,643,342
71 IMB HoldCo LLC Pasadena, Calif. 54.37 45.36 93,869 136,818 -31.4 21,807,098
72 PrivateBancorp Inc. Chicago 54.66 56.96 73,647 74,182 -0.7 14,304,782
73 First Bancorp Inc. Lebanon, Va. 54.69 48.88 8,127 7,970 2.0 1,357,299
74 West Bancorp. Inc. West Des Moines, Iowa 54.90 53.98 7,731 7,243 6.7 1,505,886
75 CM Florida Holdings Inc. Coral Gables 55.27 60.85 25,099 24,750 1.4 5,027,102
76 Hills Bancorp. Iowa 55.46 53.94 12,246 12,022 1.9 2,235,372
77 First Bancorp Inc. Damariscotta, Maine 55.58 56.03 7,288 7,339 -0.7 1,461,402
78 Pinnacle Financial Partners Inc. Nashville, Tenn. 55.66 57.67 32,989 31,719 4.0 5,600,930
79 Watford City Bancshares Inc. N.D. 55.73 58.28 12,111 10,632 13.9 1,702,343
80 FirstBank Holding Co. Lakewood, Colo. 55.95 55.55 78,825 73,716 6.9 14,009,813
  ConnectOne Bancorp Inc. Englewood Cliffs, N.J. 55.95 48.45 7,496 6,538 14.7 1,676,160
82 Wilshire Bancorp Inc. Los Angeles 56.16 50.21 26,244 17,458 50.3 3,634,461
83 First Bank Corp Fort Smith, Ark. 56.31 52.18 11,719 11,056 6.0 1,576,226
84 Northfield Bancorp Inc. Woodbridge, N.J. 56.33 69.46 12,069 14,372 -16.0 2,694,812
85 LegacyTexas Group Inc. Plano 56.41 67.65 12,556 12,954 -3.1 1,812,711
86 Security National Corp. Dakota Dunes, S.D. 56.84 61.04 7,392 7,619 -3.0 1,288,812
87 Financial Institutions Inc. Warsaw, N.Y. 56.96 59.84 17,152 17,524 -2.1 3,015,619
88 Peoples Financial Services Corp. Scranton, Pa. 57.09 52.70 11,223 3,867 190.2 1,718,261
89 Flushing Financial Corp. Lake Success, N.Y. 57.10 60.52 21,807 22,271 -2.1 4,819,976
90 Community First Bancshares Inc. Union City, Tenn. 57.42 66.86 12,350 12,777 -3.3 1,937,308
  First Fidelity Bancorp Inc. Oklahoma City 57.42 67.25 10,202 9,258 10.2 1,420,958
92 Wells Fargo & Co. San Francisco 57.51 56.80 12,289,000 12,527,000 -1.9 1,546,707,000
93 MidWestOne Financial Group Inc. Iowa City, Iowa 57.53 59.12 10,496 11,105 -5.5 1,745,913
94 PacWest Bancorp Los Angeles 57.79 62.31 53,913 45,366 18.8 6,518,866
95 Inwood Bancshares Inc. Dallas 57.84 57.26 8,644 7,967 8.5 1,634,491
96 Citizens & Northern Corp. Wellsboro, Pa. 58.04 60.75 8,493 9,532 -10.9 1,235,139
97 PNC Financial Services Group Inc. Pittsburgh 58.11 58.61 2,247,270 2,369,795 -5.2 323,586,973
  United Community Banks Inc. Blairsville, Ga. 58.11 63.18 39,050 42,414 -7.9 7,398,237
99 Commerce Bancshares Inc. Kansas City, Mo. 58.31 63.05 162,980 171,574 -5.0 22,848,107
100 Texas Capital Bancshares Inc. Dallas 58.33 50.72 69,423 55,617 24.8 12,143,691
101 Heartland Bancorp Inc. Bloomington, Ill. 58.41 52.47 20,005 20,309 -1.5 2,592,114
102 Provident Financial Services Inc. Jersey City, N.J. 58.43 56.44 38,143 36,848 3.5 7,500,826
103 Third Federal Savings and Loan of Cleveland MHC 58.60 59.45 42,322 43,429 -2.5 11,534,400
104 Hanmi Financial Corp. Los Angeles 58.69 55.07 19,594 18,571 5.5 3,096,951
105 Arrow Financial Corp. Glens Falls, N.Y. 58.77 60.81 13,466 13,411 0.4 2,221,581
106 National Penn Bancshares Inc. Allentown, Pa. 58.80 126.95 52,337 117,322 -55.4 8,557,381
107 S&T Bancorp Inc. Indiana, Pa. 59.18 62.86 28,917 31,681 -8.7 4,706,987
108 First York Ban Corp. Neb. 59.20 59.02 8,893 8,802 1.0 1,245,005
109 Cullen/Frost Bankers Inc. San Antonio 59.23 61.75 157,612 155,131 1.6 24,715,220
110 Stock Yards Bancorp Inc. Louisville, Ky. 59.28 56.82 18,422 16,265 13.3 2,355,301
111 American National Bankshares Inc. Danville, Va. 59.29 53.10 8,448 8,262 2.3 1,299,802
  First Business Financial Services Inc. Madison, Wis. 59.29 58.61 7,937 7,312 8.5 1,273,772
113 German American Bancorp Inc. Jasper, Ind. 59.33 59.76 15,090 13,462 12.1 2,146,390
114 Hudson City Bancorp Inc. Paramus, N.J. 59.42 45.16 79,713 81,252 -1.9 38,231,106
115 WesBanco Inc. Wheeling, W.Va. 59.44 61.27 39,886 40,683 -2.0 6,247,558
116 CBX Corp. Carrollton, Ill. 59.65 56.32 5,529 5,317 4.0 1,134,508
117 BB&T Corp. Winston-Salem, N.C. 59.75 57.88 1,392,440 1,434,706 -2.9 184,651,158
118 CNB Financial Corp. Clearfield, Pa. 59.79 57.87 13,260 9,682 37.0 2,134,122
119 Enterprise Financial Services Corp Clayton, Mo. 59.80 50.64 21,102 20,513 2.9 3,139,961
120 Pinnacle Bancorp Inc. Central City, Neb. 59.88 58.04 46,851 45,822 2.2 7,648,594
121 Southeastern Bank Financial Corp. Augusta, Ga. 59.97 57.77 10,148 10,292 -1.4 1,747,845
122 Popular Inc. Hato Rey, Puerto Rico 60.08 82.30 310,000 281,000 10.3 36,744,000
123 Crews Banking Corp. Wauchula, Fla. 60.14 55.28 8,532 7,920 7.7 1,216,421
124 Citigroup Inc. New York 60.26 61.81 12,618,000 12,971,000 -2.7 1,894,736,000
125 Bank of Hawaii Corp. Honolulu 60.30 60.91 83,729 84,738 -1.2 14,333,411
126 Dickinson Financial Corp. II Kansas City, Mo. 60.34 92.01 32,043 35,490 -9.7 2,076,261
127 First NBC Bank Holding Co. New Orleans 60.37 69.30 17,321 15,844 9.3 3,482,292
128 Wilson Bank Holding Co. Lebanon, Tenn. 60.39 68.55 11,451 12,729 -10.0 1,788,509
129 USAmeriBancorp Inc. Clearwater, Fla. 60.49 58.61 15,697 17,553 -10.6 2,960,354
  Bryn Mawr Bank Corp. Pa. 60.49 65.78 18,847 20,181 -6.6 2,059,816
131 Webster Financial Corp. Waterbury, Conn. 60.66 63.06 125,203 126,195 -0.8 21,182,781
132 Bank of Kentucky Financial Corp. Crestview Hills, Ky. 60.73 59.45 12,196 11,689 4.3 1,859,423
133 Summit Financial Group Inc. Moorefield, W.Va. 60.86 63.01 7,495 7,593 -1.3 1,406,117
134 Lakeland Bancorp Inc. Oak Ridge, N.J. 60.98 63.48 19,743 18,227 8.3 3,386,961
135 Educational Services of America Inc. Knoxville, Tenn. 61.16 63.68 14,991 12,099 23.9 2,834,008
136 Codorus Valley Bancorp Inc. York, Pa. 61.27 63.06 7,651 7,271 5.2 1,185,168
137 BOK Financial Corp. Tulsa, Okla. 61.31 60.32 186,368 202,880 -8.1 27,365,683
138 First Financial Corp. Terre Haute, Ind. 61.33 60.90 23,901 22,953 4.1 3,033,180
139 Old Florida Bancshares Inc. Orlando 61.39 69.78 7,782 5,316 46.4 1,373,300
140 Community Bank System Inc. DeWitt, N.Y. 61.41 119.16 55,691 102,026 -45.4 7,397,228
141 Customers Bancorp Inc. Wyomissing, Pa. 61.44 57.58 21,017 16,564 26.9 5,014,231
142 Camden National Corp. Maine 61.50 63.36 15,125 16,497 -8.3 2,640,666
  Green Bancorp Inc. Houston 61.50 65.90 10,722 9,643 11.2 1,751,613
144 Bank of Highland Park Financial Corp. Ill. 61.62 68.51 4,551 4,289 6.1 1,172,890
145 American National Corp. Omaha, Neb. 61.75 58.08 18,067 17,204 5.0 2,593,507
146 Bank of Marin Bancorp Novato, Calif. 61.80 56.14 12,843 9,695 32.5 1,797,852
  Austin BanCorp Inc. Jacksonville, Texas 61.80 60.93 12,073 11,663 3.5 1,474,824
148 Central Bancompany Inc. Jefferson City, Mo. 61.82 56.78 73,278 72,861 0.6 10,793,363
149 Brookline Bancorp Inc. Boston 61.84 62.93 33,512 30,696 9.2 5,435,053
150 Longview Financial Corp. Texas 61.87 62.56 12,386 11,247 10.1 1,903,574
151 Community Trust Bancorp Inc. Pikeville, Ky. 61.88 57.60 26,861 26,299 2.1 3,668,578
152 Territorial Bancorp Inc. Honolulu 62.13 63.66 8,841 8,714 1.5 1,639,994
153 JPMorgan Chase & Co. New York 62.16 61.99 14,591,000 15,612,000 -6.5 2,476,986,000
  Pacific Continental Corp. Eugene, Ore. 62.16 72.99 9,517 10,564 -9.9 1,473,045
155 People's Utah Bancorp American Fork 62.21 58.04 10,773 8,448 27.5 1,326,064
156 Franklin Resources Inc. San Mateo, Calif. 62.31 61.09 1,304,601 1,281,100 1.8 16,023,672
157 General Electric Capital Corp. Norwalk, Conn. 62.34 59.59 5,474,971 5,816,271 -5.9 516,971,228
158 CBFH Inc. Beaumont, Texas 62.39 66.58 16,318 12,038 35.6 2,500,890
159 First BanCorp. San Juan, Puerto Rico 62.47 67.80 94,373 92,800 1.7 12,819,428
160 Plains Bancorp Inc. Dimmitt, Texas 62.52 67.52 6,964 6,829 2.0 1,149,803
161 Central Community Corp. Temple, Texas 62.72 57.82 8,098 7,444 8.8 1,392,162
162 1st Source Corp. South Bend, Ind. 62.75 63.50 37,062 36,674 1.1 4,773,727
163 Valley View Bancshares Inc. Overland Park, Kan. 62.76 66.79 17,421 17,162 1.5 3,198,918
164 First Guaranty Bancshares Inc. Hammond, La. 62.79 68.99 7,603 7,673 -0.9 1,441,856
165 First Mid-Illinois Bancshares Inc. Mattoon 62.86 62.58 10,983 10,621 3.4 1,583,072
166 Fishback Financial Corp. Brookings, S.D. 62.89 63.64 14,197 13,507 5.1 1,864,729
167 First Community Bancshares Inc. Bluefield, Va. 62.92 60.88 18,467 19,144 -3.5 2,610,345
168 BNC Bancorp High Point, N.C. 62.93 66.60 24,184 22,660 6.7 3,205,952
169 First Citizens Financial Corp. Mason City, Iowa 63.01 63.14 5,979 6,202 -3.6 1,187,273
170 FirstMerit Corp. Akron, Ohio 63.05 61.95 171,276 106,408 61.0 24,500,602
171 Midland Financial Co. Oklahoma City 63.16 51.10 81,708 74,867 9.1 9,485,945
172 ViewPoint Financial Group Inc. Plano, Texas 63.27 59.57 22,150 20,851 6.2 3,605,524
173 Century Bancorp Inc. Medford, Mass. 63.28 66.73 14,142 13,449 5.2 3,500,047
174 M&T Bank Corp. Buffalo, N.Y. 63.33 55.62 684,124 618,643 10.6 88,530,360
  Talmer Bancorp Inc. Troy, Mich. 63.33 60.24 67,489 92,081 -26.7 5,423,588
176 Penns Woods Bancorp Inc. Williamsport, Pa. 63.39 54.73 8,643 5,851 47.7 1,217,137
177 Independent Bank Corp. Rockland, Mass. 63.41 68.51 42,200 42,916 -1.7 6,225,920
178 Sandy Spring Bancorp Inc. Olney, Md. 63.44 62.60 27,548 27,786 -0.9 4,168,998
179 NBT Bancorp Inc. Norwich, N.Y. 63.45 77.69 57,690 61,028 -5.5 7,753,129
180 Republic Bancorp Inc. Louisville, Ky. 63.46 60.49 30,944 31,302 -1.1 3,507,172
181 First National of Nebraska Inc. Omaha 63.49 64.01 192,443 190,337 1.1 16,573,510
182 RCB Holding Co. Inc. Claremore, Okla. 63.61 62.22 14,229 13,042 9.1 2,155,149
183 Fulton Financial Corp. Lancaster, Pa. 63.74 61.78 111,246 110,920 0.3 16,884,185
  American Chartered Bancorp Inc. Schaumburg, Ill. 63.74 66.59 15,846 14,855 6.7 2,502,947
185 Charles Schwab Corp. San Francisco 63.80 72.83 954,000 958,000 -0.4 144,066,000
  1867 Western Financial Corp. Stockton, Calif. 63.80 66.93 14,310 14,076 1.7 2,235,272
187 First Bancshares Inc. Merrillville, Ind. 63.82 63.72 18,663 18,246 2.3 2,408,316
188 First Citizens Bancshares Inc. Dyersburg, Tenn. 63.93 53.87 8,488 8,101 4.8 1,202,856
189 Bancorp Inc. Wilmington, Del. 63.94 58.20 34,064 25,038 36.0 4,702,046
190 BCB Bancorp Inc. Bayonne, N.J. 63.98 58.17 8,541 7,056 21.0 1,244,493
191 Hancock Holding Co. Gulfport, Miss. 64.01 63.67 145,955 159,629 -8.6 19,020,567
192 MidSouth Bancorp Inc. Lafayette, La. 64.04 74.51 17,646 17,334 1.8 1,888,925
193 United Community Bancorp Inc. Chatham, Ill. 64.12 61.41 11,441 7,388 54.9 1,748,026
194 First Commonwealth Financial Corp. Indiana, Pa. 64.43 66.91 39,452 41,266 -4.4 6,209,397
195 First Bancorp Southern Pines, N.C. 64.45 58.42 23,486 23,204 1.2 3,316,000
196 Columbia Banking System Inc. Tacoma, Wash. 64.62 72.17 64,251 51,630 24.4 7,237,082
197 F.N.B. Corp. Pittsburgh 64.64 60.14 94,166 78,863 19.4 14,476,510
198 Tompkins Financial Corp. Ithaca, N.Y. 64.69 66.15 38,210 37,520 1.8 5,041,800
  Great Southern Bancorp Inc. Springfield, Mo. 64.69 58.28 25,849 26,955 -4.1 3,776,208
200 NexBank Capital Inc. Dallas 64.70 73.69 7,822 8,859 -11.7 1,379,163


Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of July 25, 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