Most Efficient Bank Holding Companies
February 25, 2004, 10:08 a.m. EST 1 Min Read
View Table
Printer Friendly Version
Most Efficient Bank Holding Companies
| |||||||
Published February 25, 2004 | |||||||
Efficiency ratio** | Noninterest expense | Sept. 30 assets | |||||
3Q '03 | Yr. earlier | 3Q '03 | Yr. earlier | Change | |||
1 | First Financial Holdings Renton, Wash. | 20.88% | NA% | $2,162 | $NA | NA% | $720,218 |
2 | Hudson City MHC Paramus, N.J. | 25.3 | 23.99 | 75,977 | 70,304 | 8.07 | 15,898,409 |
3 | New York Community Bancorp Inc. Westbury | 26.9 | 31.29 | 107,615 | 105,007 | 2.48 | 12,936,878 |
4 | Amboy Bancorp. Old Bridge, N.J. | 28.43 | 39.51 | 20,120 | 25,051 | -19.68 | 2,257,155 |
5 | Intervest Bancshares Corp. New York, N.Y. | 29.08 | 33.74 | 5,423 | 4,736 | 14.51 | 822,900 |
6 | West Bancorp. Inc. West Des Moines | 30.33 | 29.69 | 9,179 | 8,476 | 8.29 | 963,079 |
7 | W Holding Co. Mayaguez, Puerto Rico | 31.99 | 39.99 | 61,116 | 54,445 | 12.25 | 10,813,063 |
8 | SBC Inc. Countryside, Ill. | 32.05 | 32.97 | 8,422 | 7,853 | 7.25 | 736,775 |
9 | Doral Financial Corp. San Juan, Puerto Rico | 32.79 | 36.73 | 138,354 | 99,839 | 38.58 | 10,763,729 |
10 | North Fork Bancorp Melville, N.Y. | 35.95 | 31.3 | 260,693 | 224,453 | 16.15 | 20,468,598 |
11 | Bank of Highland Park Financial Ill. | 36.03 | 33.4 | 5,898 | 5,294 | 11.41 | 648,717 |
12 | Bankfirst Corp. Sioux Falls, S.D. | 36.23 | 38.56 | 64,607 | 97,547 | -33.77 | 755,659 |
13 | Cathay Bancorp Inc. Los Angeles | 37.65 | 35.99 | 34,495 | 32,208 | 7.1 | 3,201,632 |
14 | ITLA Capital Corp. La Jolla, Calif. | 38.32 | NA | 28,790 | NA | NA | 1,628,634 |
15 | Corus Bankshares Inc. Chicago | 38.7 | 39.62 | 38,525 | 35,130 | 9.66 | 3,334,567 |
16 | GreenPoint Financial Corp. New York | 39.16 | 34.16 | 377,212 | 305,917 | 23.31 | 22,866,302 |
17 | Royal Bancshares of Pennsylvania Inc. Narberth | 39.66 | 41.23 | 13,241 | 13,235 | 0.05 | 1,166,087 |
18 | Stearns Financial Services St. Cloud, Minn. | 40.51 | 43.53 | 19,540 | 20,574 | -5.03 | 1,000,265 |
19 | WestAmerica Bancorp. San Rafael, Calif. | 40.66 | 40.61 | 78,712 | 77,567 | 1.48 | 4,485,252 |
20 | Frontier Financial Corp. Everett, Wash. | 40.75 | 39.61 | 33,669 | 30,431 | 10.64 | 2,063,432 |
21 | City National Bancshares Miami | 41.26 | 42.51 | 33,784 | 33,075 | 2.14 | 2,296,903 |
22 | Humboldt Bancorp Roseville, Calif. | 41.38 | 73.14 | 32,178 | 39,982 | -19.52 | 1,038,314 |
23 | Northern Empire Bancshares Santa Rosa, Calif. | 41.74 | 40.79 | 10,283 | 8,357 | 23.05 | 776,999 |
24 | S&T Bancorp Inc. Indiana, Pa. | 42.38 | 43.01 | 42,934 | 37,705 | 13.87 | 2,842,081 |
25 | Ocean Bankshares Inc. Miami | 42.83 | 42.92 | 70,360 | 66,943 | 5.1 | 4,272,539 |
26 | UCBH Holdings Inc. San Francisco | 43.16 | 49.89 | 57,495 | 48,067 | 19.61 | 5,427,674 |
27 | Park National Corp. Newark, Ohio | 43.82 | 44.58 | 89,917 | 86,863 | 3.52 | 4,685,782 |
28 | East West Bancorp Inc. San Marino, Calif. | 44.1 | 44.26 | 56,748 | 47,826 | 18.66 | 3,763,476 |
29 | Lauritzen Corp. Omaha | 44.24 | 49.36 | 30,737 | 29,680 | 3.56 | 1,141,025 |
30 | Banc Corp. Birmingham, Ala. | 44.34 | 66.17 | 41,560 | 30,948 | 34.29 | 1,242,746 |
31 | Delta Bancshares Co. St. Louis | 44.35 | 44.59 | 6,988 | 7,010 | -0.31 | 655,468 |
32 | Trinity Capital Corp. Los Alamos, N.M. | 44.63 | 50.34 | 18,478 | 14,043 | 31.58 | 1,066,412 |
33 | Fifth Third Bancorp Cincinnati | 45.05 | 46.9 | 1,810,785 | 1,646,843 | 9.95 | 89,422,223 |
34 | MBT Financial Corp. Monroe, Mich. | 45.06 | 40.06 | 22,306 | 19,447 | 14.7 | 1,471,920 |
35 | Bank of Granite Corp. Granite Falls, N.C. | 45.11 | 42.47 | 18,675 | 14,844 | 25.81 | 971,644 |
36 | Parkway Bancorp Inc. Harwood Heights, Ill. | 45.19 | 45.4 | 19,752 | 20,024 | -1.36 | 1,550,750 |
37 | Valley View Bancshares Inc. Overland Park, Kan. | 45.54 | 46.57 | 37,577 | 39,818 | -5.63 | 2,428,159 |
38 | Great Southern Bancorp Inc. Springfield, Mo. | 45.62 | 42.38 | 25,378 | 21,619 | 17.39 | 1,498,896 |
39 | Ames National Corp. Ames, Iowa | 45.78 | 42.4 | 10,928 | 9,606 | 13.76 | 739,227 |
40 | Horizon Financial Corp Bellingham, Wash. | 45.89 | 47.72 | 14,026 | 12,211 | 14.86 | 817,200 |
41 | Bank of the Ozarks Inc. Little Rock | 46.03 | 46.62 | 23,137 | 18,077 | 27.99 | 1,253,585 |
42 | R&G Financial Corp. San Juan, Puerto Rico | 46.51 | 45.07 | 122,748 | 85,098 | 44.24 | 7,835,001 |
43 | Southern Financial Bancorp Warrenton, Va. | 46.52 | 46.24 | 16,304 | 13,271 | 22.85 | 1,106,906 |
44 | INB Financial Corp. McAllen, Tex. | 46.92 | 47.59 | 11,491 | 9,624 | 19.4 | 711,268 |
45 | International Bancshares Corp. Laredo, Tex. | 47.14 | 50.53 | 118,585 | 121,408 | -2.33 | 7,511,625 |
46 | Associated Banc-Corp Green Bay, Wis. | 47.59 | 49.14 | 271,029 | 262,535 | 3.24 | 15,140,338 |
47 | First South Bancorp Inc. Washington, N.C. | 47.75 | 49.64 | 13,289 | 11,622 | 14.34 | 654,974 |
48 | First Bancorp San Juan, Puerto Rico | 47.81 | 41.56 | 119,289 | 96,934 | 23.06 | 12,088,772 |
49 | U.S. Bancorp Minneapolis | 47.95 | 49.91 | 4,677,200 | 4,621,800 | 1.2 | 188,835,000 |
50 | United National Corp. Sioux Falls, S.D. | 48.19 | 35.31 | 194,613 | 170,994 | 13.81 | 1,051,605 |
51 | NSB Holding Corp. Ithaca, N.Y. | 48.41 | 38.26 | 15,286 | 9,408 | 62.48 | 1,428,870 |
52 | Prosperity Bancshares Inc. Houston | 48.47 | 48.43 | 29,464 | 22,671 | 29.96 | 2,078,532 |
53 | Valley National Bancorp Wayne, N.J. | 48.74 | 44.46 | 164,211 | 140,806 | 16.62 | 9,735,580 |
54 | Emigrant Bancorp Inc. New York | 48.93 | 43.84 | 136,270 | 107,221 | 27.09 | 9,948,255 |
55 | Commercial Bankshares Inc. Miami | 48.94 | 50.6 | 11,397 | 10,915 | 4.42 | 776,341 |
Farmers and Merchants Bancorp Archbold, Ohio | 48.94 | 57.38 | 12,380 | 12,883 | -3.9 | 711,804 | |
Charter One Financial Inc. Cleveland | 48.94 | 47.53 | 588,184 | 534,289 | 10.09 | 43,386,071 | |
58 | Texas Regional Bancshares McAllen | 49.11 | 45.99 | 69,494 | 57,722 | 20.39 | 4,185,625 |
59 | National Bankshares Inc. Blacksburg, Va. | 49.26 | 50.49 | 13,790 | 12,996 | 6.11 | 699,516 |
60 | FirstBank Holding Co. Lakewood, Colo. | 49.35 | 47.17 | 121,581 | 120,770 | 0.67 | 6,630,265 |
61 | FirstMerit Corp. Akron | 49.36 | 46.87 | 225,845 | 209,353 | 7.88 | 10,649,559 |
62 | First Citizens Financial Corp. Mason City, Iowa | 49.38 | 47.19 | 10,686 | 10,186 | 4.91 | 766,759 |
63 | Central Pacific Financial Honolulu | 49.45 | 52.48 | 39,484 | 40,176 | -1.72 | 2,131,766 |
64 | CVB Financial Corp. Ontario, Calif. | 49.48 | 47.19 | 61,052 | 52,153 | 17.06 | 3,661,827 |
65 | Hudson Valley Holding Corp. Yonkers, N.Y. | 49.86 | 40.98 | 24,910 | 22,376 | 11.32 | 1,669,751 |
66 | Heartland Bancorp Inc. Bloomington, Ill. | 50.24 | 54.3 | 14,540 | 12,032 | 20.84 | 684,458 |
67 | Mercantile Bank Corp. Wyoming, Mich. | 50.38 | 48.09 | 13,154 | 9,316 | 41.2 | 1,153,883 |
68 | Mercantile Bankshares Corp. Baltimore | 50.42 | 46.16 | 238,019 | 202,758 | 17.39 | 13,876,148 |
69 | Suffolk Bancorp Riverhead, N.Y. | 50.55 | 48.68 | 27,281 | 26,251 | 3.92 | 1,348,033 |
70 | Pacific Capital Bancorp Santa Barbara, Calif. | 50.56 | 47.9 | 121,430 | 105,851 | 14.72 | 4,721,607 |
71 | West Suburban Bancorp Inc. Lombard, Ill. | 50.61 | 53.11 | 29,783 | 27,912 | 6.7 | 1,707,550 |
72 | First Midwest Bancorp Inc. Itasca, Ill. | 50.63 | 49.73 | 112,083 | 111,999 | 0.08 | 6,289,551 |
City Holding Co. Cross Lanes, W.Va. | 50.63 | 58.6 | 48,155 | 52,263 | -7.86 | 1,997,586 | |
74 | Inwood Bancshares Inc. Dallas | 50.79 | 50.59 | 13,600 | 13,022 | 4.44 | 848,266 |
75 | Camden National Corp. Maine | 50.8 | 52.39 | 22,038 | 23,899 | -7.79 | 1,285,474 |
76 | MBNA Corp. Wilmington, Del. | 50.95 | 55.19 | 3,779,055 | 3,536,100 | 6.87 | 58,716,985 |
77 | American National Corp. Omaha | 50.99 | 49.02 | 25,079 | 22,088 | 13.54 | 1,239,798 |
78 | Cummins-American Corp. Glenview, Ill. | 51.12 | 50.74 | 16,835 | 16,333 | 3.07 | 940,739 |
Hometown Community Bancorp Morton, Ill. | 51.12 | 50.42 | 9,911 | 8,657 | 14.49 | 1,005,608 | |
80 | Glacier Bancorp Inc. Kalispell, Mont. | 51.13 | 51.23 | 50,698 | 45,117 | 12.37 | 2,683,074 |
81 | Berkshire Bancorp Inc. New York | 51.24 | 55.94 | 8,532 | 8,099 | 5.35 | 822,935 |
82 | Durant Bancorp Okla. | 51.35 | 54.63 | 19,059 | 18,290 | 4.2 | 943,262 |
83 | Midwest Banc Holdings Inc. Melrose Park, Ill. | 51.52 | 45.16 | 32,121 | 25,027 | 28.35 | 2,253,854 |
84 | New Lenox Holding Co. Ill. | 51.64 | 53.85 | 13,872 | 13,122 | 5.72 | 980,857 |
85 | United Bancorp. of Wyoming Jackson | 51.71 | 53.79 | 15,533 | 14,488 | 7.21 | 837,620 |
86 | Chemical Financial Corp. Midland, Mich. | 51.72 | 51.45 | 70,776 | 70,431 | 0.49 | 3,591,026 |
87 | Wilson Bank Holding Co. Lebanon, Tenn. | 51.78 | 50.98 | 15,536 | 13,740 | 13.07 | 891,355 |
88 | Republic Bancorp Inc. Owosso, Mich. | 51.8 | 50.29 | 81,555 | 74,449 | 9.54 | 5,160,325 |
89 | Cascade Bancorp Bend, Ore. | 51.82 | 48.63 | 19,265 | 15,359 | 25.43 | 723,600 |
90 | Massbank Corp Reading, Mass. | 51.83 | 46.86 | 9,407 | 8,948 | 5.13 | 1,015,586 |
91 | City National Corp. Beverly Hills | 51.85 | 48.97 | 269,146 | 244,104 | 10.26 | 12,831,281 |
92 | First Financial Bankshares Inc. Abilene, Tex. | 51.88 | 51.79 | 45,531 | 43,835 | 3.87 | 2,069,859 |
93 | Arrow Financial Corp. Glens Falls, N.Y. | 51.95 | 49.6 | 24,677 | 23,576 | 4.67 | 1,384,193 |
94 | Citizens and Northern Corp. Wellsboro, Pa. | 51.98 | 51.35 | 16,224 | 15,664 | 3.58 | 1,050,010 |
95 | Oak Hill Financial Inc. Jackson, Ohio | 52.02 | 55.71 | 17,908 | 16,706 | 7.2 | 904,006 |
96 | SouthTrust Corp. Birmingham, Ala. | 52.03 | 53.84 | 939,612 | 949,132 | -1 | 51,717,769 |
Harleysville Savings Financial Corp. Pa. | 52.03 | 49.67 | 5,181 | 4,882 | 6.12 | 653,331 | |
98 | Hills Bancorp. Iowa | 52.04 | 55.97 | 20,401 | 17,967 | 13.55 | 1,188,153 |
Republic Bancorp Inc. Louisville | 52.04 | 61.38 | 46,576 | 40,361 | 15.4 | 2,010,232 | |
100 | National City Corp. Cleveland | 52.17 | 53.94 | 3,036,997 | 2,714,543 | 11.88 | 121,065,218 |
101 | Hillcrest Bancshares Inc. Overland Park, Kan. | 52.18 | 51.12 | 15,038 | 13,336 | 12.76 | 974,164 |
102 | Minnwest Corp. Minnetonka, Minn. | 52.2 | 51.6 | 15,224 | 14,778 | 3.02 | 882,357 |
103 | Countrywide Financial Corp. Calabasas, Calif. | 52.37 | 75.59 | 3,373,745 | 2,134,917 | 58.03 | 92,427,140 |
Bank of America Corp. Charlotte | 52.37 | 52.81 | 14,840,000 | 13,633,000 | 8.85 | 736,935,000 | |
Virginia Commerce Bancorp Arlington | 52.37 | 56.66 | 15,430 | 12,415 | 24.29 | 840,830 | |
106 | Summit Financial Group Inc. Moorefield, W.Va. | 52.48 | 51.49 | 10,574 | 9,380 | 12.73 | 744,174 |
107 | First National Bank Group Edinburg, Tex. | 52.56 | 50.47 | 30,320 | 23,899 | 26.87 | 2,086,726 |
108 | Comerica Inc. Detroit | 52.77 | 52.4 | 1,103,644 | 1,186,194 | -6.96 | 55,213,926 |
109 | U.S.B. Holding Co. Orangeburg, N.Y. | 52.78 | 48.47 | 33,515 | 29,320 | 14.31 | 2,988,983 |
First National Community Bancorp Dunmore, Pa. | 52.78 | 51.76 | 11,208 | 10,452 | 7.23 | 802,344 | |
111 | Hanmi Financial Corp. Los Angeles | 52.86 | 50.99 | 28,844 | 24,662 | 16.96 | 1,734,651 |
112 | Central Coast Bancorp Salinas, Calif. | 52.9 | 48.77 | 17,548 | 15,044 | 16.64 | 969,883 |
113 | First Bancorp Troy, N.C. | 53.08 | 54.61 | 27,808 | 24,950 | 11.45 | 1,358,144 |
114 | United Bankshares Inc. Charleston, W.Va. | 53.11 | 48.7 | 119,623 | 105,765 | 13.1 | 5,731,984 |
115 | First National Bank Holding Scottsdale, Ariz. | 53.15 | 52.47 | 71,762 | 53,034 | 35.31 | 1,446,054 |
116 | Peoples Bancorp Inc. Marietta, Ohio | 53.25 | 55.14 | 30,329 | 27,525 | 10.19 | 1,772,025 |
117 | Oriental Financial Group Inc. San Juan, Puerto Rico | 53.31 | 56.05 | 43,733 | 38,743 | 12.88 | 3,152,920 |
118 | Main Street Trust Inc. Champaign, Ill. | 53.57 | 54.9 | 24,435 | 25,495 | -4.16 | 1,147,473 |
119 | Orion Bancorp Inc. Naples, Fla. | 53.6 | 54.61 | 15,678 | 12,762 | 22.85 | 866,592 |
120 | First Co. Bancorp Collinsville, Ill. | 53.61 | 51.51 | 12,887 | 10,192 | 26.44 | 698,663 |
121 | First Community Bancshares Bluefield, Va. | 53.7 | 52.36 | 37,224 | 35,203 | 5.74 | 1,679,268 |
122 | AmSouth Bancorp. Birmingham, Ala. | 53.77 | 51.75 | 894,032 | 869,460 | 2.83 | 44,375,022 |
123 | Vineyard National Bancorp Rancho Cucamonga, Calif. | 53.86 | 68.54 | 11,418 | 7,902 | 44.5 | 778,977 |
124 | Security National Corp. Sioux City, Iowa | 53.94 | 49.01 | 16,864 | 15,810 | 6.67 | 786,278 |
125 | Sky Financial Group Inc. Bowling Green, Ohio | 53.95 | 54.04 | 244,130 | 197,077 | 23.88 | 12,618,607 |
126 | Fishback Financial Corp. Brookings, S.D. | 53.97 | 63.93 | 20,156 | 23,916 | -15.72 | 769,178 |
127 | Southwest Bancorp Inc. Stillwater, Okla. | 53.99 | 56 | 28,088 | 24,465 | 14.81 | 1,539,730 |
128 | Hudson United Bancorp Mahwah, N.J. | 54.06 | 48.76 | 167,929 | 186,870 | -10.14 | 7,983,758 |
129 | Fulton Financial Corp. Lancaster, Pa. | 54.18 | 52.4 | 173,497 | 166,300 | 4.33 | 9,280,289 |
130 | American State Financial Corp. Lubbock, Tex. | 54.34 | 54.53 | 31,368 | 30,161 | 4 | 1,652,271 |
131 | Stockman Financial Corp. Miles City, Mont. | 54.36 | 58.37 | 16,726 | 15,036 | 11.24 | 862,773 |
132 | Wilber Corp. Oneonta, N.Y. | 54.41 | 49.99 | 12,380 | 11,362 | 8.96 | 739,780 |
133 | Porter Bancorp Inc. Shepherdsville, Ky. | 54.43 | 56.11 | 12,297 | 11,617 | 5.85 | 746,123 |
134 | Northrim Bancorp Inc. Anchorage | 54.49 | 59.05 | 18,523 | 17,144 | 8.04 | 736,059 |
135 | IberiaBank Corp. Lafayette, La. | 54.52 | 55.4 | 37,292 | 32,110 | 16.14 | 2,082,897 |
136 | Exchange National Bankshares Jefferson City, Mo. | 54.56 | 57.4 | 13,740 | 12,935 | 6.22 | 861,391 |
137 | First Busey Corp. Urbana, Ill. | 54.57 | 55.28 | 30,318 | 27,968 | 8.4 | 1,494,185 |
138 | Allegiant Bancorp Inc. St. Louis | 54.66 | 51.97 | 39,080 | 34,760 | 12.43 | 2,459,426 |
139 | Farmers National Banc Corp. Canfield, Ohio | 54.67 | 58.92 | 13,671 | 13,065 | 4.64 | 802,830 |
140 | First Federal Financial Corp. Elizabethtown, Ky. | 54.73 | NA | 12,779 | NA | NA | 673,287 |
141 | Franklin Financial Corp. Tenn. | 54.86 | 49.93 | 15,302 | 14,991 | 2.07 | 880,153 |
142 | Citizens Bancshares Co. Chillicothe, Mo. | 54.88 | 53.23 | 15,343 | 14,913 | 2.88 | 961,814 |
143 | Pinnacle Bancorp Inc. Central City, Neb. | 54.9 | 56.49 | 72,529 | 67,009 | 8.24 | 3,313,070 |
144 | Trustmark Corp. Jackson, Miss. | 54.95 | 51.8 | 165,602 | 157,121 | 5.4 | 7,633,104 |
Interchange Financial Services Saddle Brook, N.J. | 54.95 | 56.08 | 22,980 | 18,750 | 22.56 | 1,349,144 | |
146 | Main Street Banks Inc. Kennesaw, Ga. | 54.97 | 54.9 | 38,306 | 29,975 | 27.79 | 1,912,594 |
147 | Metropolitan Bank Group Inc. Chicago | 55.09 | 62.45 | 48,752 | 43,300 | 12.59 | 1,697,143 |
Fina Bancorp Inc. Valparaiso, Ind. | 55.09 | 56.28 | 12,166 | 11,102 | 9.58 | 670,072 | |
149 | RCB Holding Co. Inc. Claremore, Okla. | 55.11 | 52.21 | 13,576 | 12,865 | 5.53 | 645,489 |
150 | Union Planters Corp. Memphis | 55.15 | 51.87 | 829,006 | 777,458 | 6.63 | 32,162,374 |
*Consolidated data from Y9-C reports.
**Noninterest expense divided by (total income minus interest expense)
Source: Sheshunoff Information Services, a division of Thomson Corp.
© 2004 American Banker