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Banks, thrifts and holding companies

Most Efficient Bank Holding Companies

June 30, 2015, 1:27 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, 2014. Dollars in thousands
Published June 30, 2015
Rank   Efficiency Ratio* Noninterest Expenses 4Q 2014
Assets
2014 2013 2014 2013 Change
1 Briscoe Ranch Inc. Uvalde, Texas 15.17 13.64 $18,066 $15,062 19.9% $1,513,546
2 Beal Financial Corp. Plano, Texas 20.04 19.47 138,627 156,010 -11.1 7,811,748
3 Merchants Bancorp Carmel, Ind. 28.05 23.62 14,799 12,268 20.6 1,789,271
4 Santander Holdings USA Inc. Boston 32.36 62.11 3,815,491 1,776,601 114.8 118,353,279
5 BofI Holding Inc. San Diego 34.28 40.43 66,451 58,755 13.1 5,194,721
6 United National Corp. Sioux Falls, S.D. 36.88 36.54 299,906 271,663 10.4 2,551,139
7 Industry Bancshares Inc. Texas 36.93 38.38 39,788 35,749 11.3 2,996,516
8 Discover Financial Services Riverwoods, Ill. 39.12 38.98 3,360,242 3,229,672 4.0 83,125,845
9 Oritani Financial Corp. Township of Washington, N.J. 39.35 37.08 40,416 38,904 3.9 3,250,407
10 ServisFirst Bancshares Inc. Birmingham, Ala. 39.69 37.98 56,759 46,779 21.3 4,098,679
11 First Security Bancorp Searcy, Ark. 39.84 38.66 123,843 123,017 0.7 4,751,538
12 Lakeside Bancorp Inc. Chicago 39.87 35.84 19,464 19,484 -0.1 1,207,469
13 Prosperity Bancshares Inc. Houston 40.06 40.22 327,331 245,200 33.5 21,519,443
14 Sterling Bancorp Inc. Southfield, Mich. 40.08 43.65 19,497 18,159 7.4 1,240,274
15 Silver Queen Financial Services Inc. Greenwood Village, Colo. 41.01 30.63 14,195 11,009 28.9 1,621,083
16 Home BancShares Inc. Conway, Ark. 42.54 52.30 161,051 132,475 21.6 7,403,272
17 Capitol Federal Financial Inc. Topeka, Kan. 43.18 47.52 91,249 95,295 -4.2 9,069,453
18 Bank of the Ozarks Inc. Little Rock, Ark. 44.00 45.00 166,015 126,069 31.7 6,766,499
19 New York Community Bancorp Inc. Westbury 44.17 43.45 587,436 607,336 -3.3 48,559,217
20 CVB Financial Corp. Ontario, Calif. 44.53 45.48 125,995 113,493 11.0 7,377,920
21 Northern Bancorp Inc. Woburn, Mass. 44.58 44.97 22,676 20,352 11.4 1,281,665
22 Villages Bancorp. Inc. The Villages, Fla. 45.20 36.99 20,459 20,090 1.8 1,644,976
23 Dime Community Bancshares Inc. Brooklyn, N.Y. 45.87 45.95 60,736 62,185 -2.3 4,497,107
24 Manhattan Banking Corp. Kan. 45.95 45.75 24,783 23,490 5.5 1,292,391
25 Cathay General Bancorp Los Angeles 46.70 53.40 178,257 197,997 -10.0 11,516,846
26 Stearns Financial Services Inc. St. Cloud, Minn. 46.84 41.95 60,972 49,162 24.0 1,907,785
27 NEB Corp. Fond Du Lac, Wis. 47.17 50.24 34,234 32,030 6.9 1,839,557
28 Washington Federal Inc. Seattle 47.78 41.01 214,389 167,627 27.9 14,494,756
29 BBCN Bancorp Inc. Los Angeles 48.11 47.39 150,060 141,108 6.3 7,140,330
30 Western Alliance Bancorp. Phoenix 48.24 53.59 213,530 199,526 7.0 10,600,498
31 John Deere Capital Corp. Reno, Nev. 48.39 48.03 795,604 688,799 15.5 33,736,295
32 Olney Bancshares of Texas Inc. 48.46 46.59 52,636 43,637 20.6 2,608,316
33 Ames National Corp. Iowa 48.52 48.29 22,852 21,157 8.0 1,301,032
34 Ida Grove Bancshares Inc. Iowa 48.68 50.59 23,576 23,830 -1.1 1,270,647
35 Amarillo National Bancorp Inc. Texas 49.02 48.45 86,478 78,978 9.5 3,908,212
36 First Financial Bankshares Inc. Abilene, Texas 49.14 50.14 137,926 126,012 9.5 5,848,202
37 Lakeland Financial Corp. Warsaw, Ind. 49.15 51.01 66,150 62,762 5.4 3,443,509
38 Lauritzen Corp. Omaha, Neb. 49.19 41.26 79,584 76,054 4.6 1,960,650
39 SVB Financial Group Santa Clara, Calif. 49.49 45.34 716,871 621,680 15.3 39,351,768
40 Hometown Banc Corp Grand Island, Neb. 49.50 50.78 22,513 21,861 3.0 1,235,335
41 Eagle Bancorp Inc. Bethesda, Md. 49.58 49.00 99,144 83,990 18.0 5,248,715
42 Barclays Delaware Holdings LLC Wilmington 49.94 49.99 1,095,285 949,844 15.3 25,005,482
43 United Bankshares Inc. Charleston, W.Va. 49.95 55.19 233,794 189,250 23.5 12,328,811
44 IMB HoldCo LLC Pasadena, Calif. 50.52 49.39 380,090 373,272 1.8 21,860,873
45 West Bancorp. Inc. West Des Moines, Iowa 50.66 54.02 30,213 29,656 1.9 1,615,833
46 National Americas Holdings LLC New York 51.07 50.99 189,984 201,954 -5.9 9,601,093
47 Westamerica Bancorp. San Rafael, Calif. 51.23 49.11 110,636 116,405 -5.0 5,036,399
48 Wilshire Bancorp Inc. Los Angeles 51.39 52.73 96,989 77,057 25.9 4,155,464
49 Magnolia Banking Corp. Ark. 51.46 48.04 22,136 17,945 23.4 1,202,797
50 Inwood Bancshares Inc. Dallas 51.57 54.44 34,497 31,461 9.7 1,860,020
51 Square 1 Financial Inc. Durham, N.C. 51.66 55.47 67,217 56,975 18.0 3,099,215
52 First of Long Island Corp. Glen Head, N.Y. 51.81 51.89 42,023 39,492 6.4 2,721,494
53 International Bancshares Corp. Laredo, Texas 51.87 56.93 280,739 289,689 -3.1 12,196,520
54 First Bancorp Inc. Lebanon, Va. 52.18 51.35 32,642 31,859 2.5 1,392,630
55 Capital One Financial Corp. McLean, Va. 52.33 53.28 12,183,320 12,665,548 -3.8 309,083,481
56 U.S. Bancorp Minneapolis 52.41 51.29 10,764,000 10,295,000 4.6 402,529,000
57 Hometown Community Bancorp Inc. Morton, Ill. 52.54 51.93 53,903 51,032 5.6 2,865,792
58 Independence Bancshares Inc. Owensboro, Ky. 52.81 53.56 34,457 31,838 8.2 1,582,261
59 PrivateBancorp Inc. Chicago 53.16 54.45 304,884 286,306 6.5 15,603,382
60 Stockman Financial Corp. Miles City, Mont. 53.24 49.87 59,705 54,478 9.6 3,025,682
61 City Holding Co. Charleston, W.Va. 53.65 55.57 95,127 102,166 -6.9 3,460,969
62 Glacier Bancorp Inc. Kalispell, Mont. 54.01 54.88 210,165 189,505 10.9 8,306,823
63 Farmers & Merchants Bancorp Lodi, Calif. 54.13 55.27 51,387 50,810 1.1 2,361,689
64 OFG Bancorp San Juan, Puerto Rico 54.17 65.06 282,866 328,033 -13.8 7,449,109
65 FirstBank Holding Co. Lakewood, Colo. 54.19 54.76 319,550 306,127 4.4 14,542,268
66 Pinnacle Financial Partners Inc. Nashville, Tenn. 54.21 55.62 135,051 126,581 6.7 6,018,248
67 East West Bancorp Inc. Pasadena, Calif. 54.41 47.65 566,556 415,658 36.3 28,738,323
68 North American Bancshares Inc. Sherman, Texas 54.48 57.59 48,373 49,262 -1.8 2,199,214
69 Apple Financial Holdings Inc. New York 54.55 60.72 119,009 112,121 6.1 11,659,386
70 Watford City Bancshares Inc. N.D. 54.61 58.98 51,239 46,788 9.5 1,972,627
  NexBank Capital Inc. Dallas 54.61 69.12 33,250 38,817 -14.3 1,834,044
72 First Farmers Financial Corp. Converse, Ind. 54.65 51.73 31,724 29,404 7.9 1,339,670
73 Bar Harbor Bankshares Maine 54.71 55.61 28,843 26,567 8.6 1,459,320
74 TrustCo Bank Corp NY Glenville 54.82 56.60 92,340 90,294 2.3 4,644,641
75 Texas Capital Bancshares Inc. Dallas 55.03 55.14 286,649 255,972 12.0 15,900,308
76 Hills Bancorp. Iowa 55.24 54.82 51,697 49,215 5.0 2,334,318
77 PacWest Bancorp Los Angeles 55.34 73.48 405,193 237,915 70.3 16,236,505
78 BankUnited Inc. Miami Lakes, Fla. 55.39 51.34 429,120 371,922 15.4 19,210,520
79 CM Florida Holdings Inc. Coral Gables 55.47 60.15 103,795 264,847 -60.8 5,364,998
80 First Bancorp Inc. Damariscotta, Maine 56.41 55.03 30,188 28,962 4.2 1,476,690
81 Customers Bancorp Inc. Wyomissing, Pa. 56.48 58.82 97,784 73,609 32.8 6,825,370
82 German American Bancorp Inc. Jasper, Ind. 56.77 58.45 57,713 54,905 5.1 2,237,099
83 Wells Fargo & Co. San Francisco 57.01 56.35 49,747,000 49,263,000 1.0 1,687,155,000
84 Pinnacle Bancorp Inc. Central City, Neb. 57.05 56.95 188,674 183,405 2.9 8,084,758
85 National Penn Bancshares Inc. Allentown, Pa. 57.07 75.74 211,323 281,911 -25.0 9,750,865
86 Arrow Financial Corp. Glens Falls, N.Y. 57.21 59.73 54,028 53,203 1.6 2,217,420
87 Discount Bancorp Inc. New York 57.34 61.37 141,111 130,768 7.9 9,783,466
88 Bank of Marin Bancorp Novato, Calif. 57.39 64.54 47,263 44,092 7.2 1,787,130
89 USAmeriBancorp Inc. Clearwater, Fla. 57.49 53.45 64,958 71,106 -8.6 3,077,285
90 CNB Financial Corp. Clearfield, Pa. 57.60 59.47 52,688 43,813 20.3 2,189,321
91 Educational Services of America Inc. Farragut, Tenn. 57.62 58.55 63,274 51,809 22.1 3,212,647
92 Citizens & Northern Corp. Wellsboro, Pa. 57.63 54.76 34,293 34,414 -0.4 1,241,963
93 American National Corp. Omaha, Neb. 57.64 58.26 71,077 69,790 1.8 2,718,647
94 Cullen/Frost Bankers Inc. San Antonio 57.67 60.06 653,194 610,225 7.0 28,347,544
95 Investors Bancorp Inc. Short Hills, N.J. 57.69 52.56 339,514 250,222 35.7 18,722,282
96 Southern Missouri Bancorp Inc. Poplar Bluff 57.88 54.39 29,455 20,215 45.7 1,296,250
97 Flushing Financial Corp. Lake Success, N.Y. 58.00 51.50 89,895 79,454 13.1 5,077,013
98 S&T Bancorp Inc. Indiana, Pa. 58.07 59.21 117,028 117,379 -0.3 4,964,686
  Heartland Bancorp Inc. Bloomington, Ill. 58.07 51.58 78,935 92,849 -15.0 2,514,214
100 Security National Corp. Dakota Dunes, S.D. 58.12 62.23 31,649 31,701 -0.2 1,249,835
101 Bank of Hawaii Corp. Honolulu 58.13 59.66 327,863 331,894 -1.2 14,859,360
102 First Bank Corp Fort Smith, Ark. 58.24 56.34 47,705 45,636 4.5 1,591,679
103 Plains Bancorp Inc. Dimmitt, Texas 58.33 61.56 27,371 27,669 -1.1 1,176,448
104 Bank of Highland Park Financial Corp. Ill. 58.48 65.52 18,204 17,107 6.4 1,266,142
105 Wilson Bank Holding Co. Lebanon, Tenn. 58.58 63.09 47,698 47,141 1.2 1,862,901
106 Provident Financial Services Inc. Iselin, N.J. 58.63 55.54 169,813 148,439 14.4 8,523,377
107 Community Trust Bancorp Inc. Pikeville, Ky. 59.00 59.21 105,999 110,251 -3.9 3,723,765
108 MidWestOne Financial Group Inc. Iowa City, Iowa 59.06 57.79 43,937 42,538 3.3 1,800,302
109 First York Ban Corp. Neb. 59.13 58.40 37,969 35,476 7.0 1,394,551
110 WesBanco Inc. Wheeling, W.Va. 59.17 60.52 160,759 160,451 0.2 6,299,505
  Austin BanCorp Inc. Jacksonville, Texas 59.17 59.42 48,536 46,754 3.8 1,533,847
112 Stock Yards Bancorp Inc. Louisville, Ky. 59.32 60.88 74,709 72,521 3.0 2,563,995
113 First Bancshares Inc. Merrillville, Ind. 59.35 59.16 73,914 70,683 4.6 2,729,739
114 Third Federal Savings and Loan Association of Cleveland MHC 59.40 59.30 169,226 170,914 -1.0 12,067,800
115 United Community Banks Inc. Blairsville, Ga. 59.41 62.42 167,964 170,782 -1.7 7,568,751
116 Lakeland Bancorp Inc. Oak Ridge, N.J. 59.48 62.45 79,135 78,741 0.5 3,538,391
117 Sterling Bancorp Montebello, N.Y. 59.51 87.96 181,980 140,640 29.4 7,429,996
118 Commerce Bancshares Inc. Kansas City, Mo. 59.59 59.65 662,250 640,484 3.4 24,015,123
119 F.N.B. Corp. Pittsburgh 59.64 61.30 379,439 338,170 12.2 16,127,090
120 Financial Institutions Inc. Warsaw, N.Y. 59.73 58.51 72,108 69,194 4.2 3,089,521
121 Peoples Financial Services Corp. Scranton, Pa. 59.75 73.98 45,804 35,343 29.6 1,741,669
122 Washington Trust Bancorp Inc. Westerly, R.I. 59.76 61.44 96,888 98,758 -1.9 3,587,732
123 Webster Financial Corp. Waterbury, Conn. 59.78 61.21 504,954 501,089 0.8 22,545,351
124 First Business Financial Services Inc. Madison, Wis. 59.83 59.13 34,559 30,051 15.0 1,629,387
125 M&T Bank Corp. Buffalo, N.Y. 59.84 56.69 2,671,830 2,570,029 4.0 96,687,224
126 Valley View Bancshares Inc. Overland Park, Kan. 59.92 63.21 66,639 69,263 -3.8 3,178,032
127 Commerce Bancshares Corp. Worcester, Mass. 60.09 60.17 34,546 36,818 -6.2 2,094,745
128 Pacific Continental Corp. Eugene, Ore. 60.12 64.58 37,646 38,765 -2.9 1,504,378
129 PNC Financial Services Group Inc. Pittsburgh 60.20 59.87 9,490,146 9,768,338 -2.8 345,243,081
130 Longview Financial Corp. Texas 60.26 60.34 49,464 44,203 11.9 1,989,485
131 Southeastern Bank Financial Corp. Augusta, Ga. 60.34 53.96 43,260 39,724 8.9 1,733,402
132 Camden National Corp. Maine 60.45 60.31 62,422 66,247 -5.8 2,789,853
133 Community Bank System Inc. DeWitt, N.Y. 60.52 87.00 224,979 306,950 -26.7 7,489,440
134 First Fidelity Bancorp Inc. Oklahoma City 60.56 64.53 43,128 41,268 4.5 1,376,385
135 Hanmi Financial Corp. Los Angeles 60.61 54.69 99,368 75,594 31.4 4,234,769
136 Summit Financial Group Inc. Moorefield, W.Va. 60.63 64.12 30,726 30,516 0.7 1,443,568
137 Brookline Bancorp Inc. Boston 60.69 62.09 128,887 122,281 5.4 5,799,880
138 Fishback Financial Corp. Brookings, S.D. 60.79 58.91 59,238 58,697 0.9 2,014,004
139 Anchor Bancorp Inc. St. Paul, Minn. 60.81 62.66 42,251 41,805 1.1 1,476,862
140 United Community Bancorp Inc. Chatham, Ill. 60.94 58.39 45,596 31,942 42.7 1,780,852
141 Parkway Bancorp Inc. Harwood Heights, Ill. 61.01 67.59 37,343 42,093 -11.3 2,166,748
142 Premier Financial Bancorp Inc. Huntington, W.Va. 61.05 60.27 35,162 30,441 15.5 1,252,824
143 Crews Banking Corp. Wauchula, Fla. 61.13 55.16 36,184 32,234 12.3 1,228,810
144 Fifth Third Bancorp Cincinnati 61.19 58.31 3,705,488 3,960,541 -6.4 138,705,640
  FirstMerit Corp. Akron, Ohio 61.19 68.10 673,650 690,303 -2.4 24,909,640
146 Central Bancompany Inc. Jefferson City, Mo. 61.30 61.08 298,626 305,559 -2.3 9,694,949
147 Northfield Bancorp Inc. Woodbridge, N.J. 61.34 63.80 52,454 54,085 -3.0 3,020,991
148 American National Bankshares Inc. Danville, Va. 61.38 55.97 34,556 34,120 1.3 1,346,492
149 Territorial Bancorp Inc. Honolulu 61.39 63.33 35,196 34,956 0.7 1,691,871
150 First National of Nebraska Inc. Omaha 61.41 63.89 776,102 777,933 -0.2 17,465,465
151 Clifton Bancorp Inc. N.J. 61.44 NA 16,883 NA NA 1,198,289
152 American Chartered Bancorp Inc. Schaumburg, Ill. 61.70 68.14 60,661 61,124 -0.8 2,616,655
153 RCB Holding Co. Inc. Claremore, Okla. 61.75 62.00 60,792 54,078 12.4 2,442,348
154 First Financial Corp. Terre Haute, Ind. 61.88 61.98 96,065 94,625 1.5 2,998,784
155 CBX Corp. Carrollton, Ill. 61.99 58.51 23,432 22,076 6.1 1,208,844
156 CBFH Inc. Beaumont, Texas 62.02 62.76 66,360 56,509 17.4 2,632,097
157 First Guaranty Bancshares Inc. Hammond, La. 62.08 67.01 30,947 30,775 0.6 1,519,028
158 Republic Bancorp Co. Oak Brook, Ill. 62.17 70.35 44,618 41,113 8.5 1,623,172
159 Bremer Financial Corp. St. Paul, Minn. 62.18 63.88 265,645 263,572 0.8 9,231,165
160 First Mid-Illinois Bancshares Inc. Mattoon 62.23 62.83 44,641 43,706 2.1 1,607,103
161 Midland Financial Co. Oklahoma City 62.24 56.33 333,436 312,475 6.7 9,803,360
162 Century Bancorp Inc. Medford, Mass. 62.27 65.07 56,718 55,754 1.7 3,624,036
163 Penns Woods Bancorp Inc. Williamsport, Pa. 62.29 59.64 33,890 30,267 12.0 1,245,011
164 BB&T Corp. Winston-Salem, N.C. 62.30 59.93 5,881,347 5,871,888 0.2 186,813,987
165 First Community Bancshares Inc. Bluefield, Va. 62.32 62.75 87,900 77,466 13.5 2,607,934
166 Central Community Corp. Temple, Texas 62.40 53.90 35,700 33,000 8.2 1,399,428
167 Bryn Mawr Bank Corp. Pa. 62.48 63.47 81,254 80,538 0.9 2,246,506
168 American Bancor Ltd. Dickinson, N.D. 62.51 61.84 39,082 35,636 9.7 1,296,746
169 1st Source Corp. South Bend, Ind. 62.62 62.84 151,813 149,744 1.4 4,830,325
170 ConnectOne Bancorp Inc. Englewood Cliffs, N.J. 62.78 46.88 54,771 25,278 116.7 3,446,761
171 Bank of Kentucky Financial Corp. Crestview Hills 62.85 57.49 50,816 46,745 8.7 1,931,656
172 Triumph Bancorp Inc. Dallas 62.95 62.53 69,202 32,963 109.9 1,447,898
173 C&F Financial Corp. West Point, Va. 62.96 60.02 63,897 57,520 11.1 1,339,311
174 JPMorgan Chase & Co. New York 62.97 72.37 61,341,000 70,991,000 -13.6 2,572,773,000
175 First BanCorp. San Juan, Puerto Rico 62.99 78.82 384,183 398,534 -3.6 12,727,835
176 LegacyTexas Financial Group Inc. Texas 63.07 62.54 98,068 88,817 10.4 4,166,127
177 Pacific Premier Bancorp Inc. Irvine, Calif. 63.13 75.93 54,865 50,164 9.4 2,038,897
178 Bridge Capital Holdings San Jose, Calif. 63.29 63.43 58,155 52,514 10.7 1,815,552
179 1867 Western Financial Corp. Stockton, Calif. 63.31 63.60 62,573 57,555 8.7 2,408,382
180 Codorus Valley Bancorp Inc. York, Pa. 63.32 63.37 32,421 29,831 8.7 1,213,846
181 NBT Bancorp Inc. Norwich, N.Y. 63.33 65.36 246,895 230,514 7.1 7,797,926
182 Luther Burbank Corp. Santa Rosa, Calif. 63.42 41.89 61,929 44,456 39.3 3,970,158
183 Independent Bank Group Inc. McKinney, Texas 63.48 66.35 88,498 57,866 52.9 4,132,640
184 Enterprise Financial Services Corp Clayton, Mo. 63.54 60.78 87,463 90,625 -3.5 3,277,028
185 Independent Bank Corp. Rockland, Mass. 63.64 68.38 173,145 174,628 -0.8 6,364,912
  People’s Utah Bancorp American Fork 63.64 63.89 45,102 36,633 23.1 1,367,125
187 First Citizens Financial Corp. Mason City, Iowa 63.65 60.79 25,546 24,478 4.4 1,216,506
188 Dacotah Banks Inc. Aberdeen, S.D. 63.66 62.32 60,607 56,673 6.9 2,172,802
189 Renasant Corp. Tupelo, Miss. 63.77 71.97 188,855 169,115 11.7 5,805,129
190 Chemical Financial Corp. Midland, Mich. 63.78 63.19 184,545 170,542 8.2 7,322,143
191 First Merchants Corp. Muncie, Ind. 63.98 65.42 163,892 139,858 17.2 5,825,132
192 Goldman Sachs Group Inc. New York 64.01 66.41 22,720,000 24,180,000 -6.0 856,301,000
193 Pulaski Financial Corp. St. Louis 64.03 58.35 36,294 36,191 0.3 1,426,456
194 First Defiance Financial Corp. Ohio 64.16 63.30 66,507 64,104 3.7 2,178,952
195 Tompkins Financial Corp. Ithaca, N.Y. 64.20 64.43 154,693 153,102 1.0 5,269,561
196 Lake Michigan Financial Corp. Holland 64.32 63.32 25,925 25,352 2.3 1,185,039
197 Charles Schwab Corp. San Francisco 64.37 67.69 3,938,000 3,727,000 5.7 154,642,000
198 Comerica Inc. Dallas 64.45 68.83 1,636,417 1,725,974 -5.2 69,452,409
199 OceanFirst Financial Corp. Toms River, N.J. 64.49 68.52 58,501 60,523 -3.3 2,361,006
200 Park National Corp. Newark, Ohio 64.52 63.66 195,234 188,529 3.6 7,003,256


Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of May 15, 2015, 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.
© 2015 American Banker

Banks, thrifts and holding companies