Most Efficient Bank Holding Companies
March 03, 2005, 10:08 a.m. EST 1 Min Read
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Most Efficient Bank Holding Companies
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March 3, 2005 | |||||||
Efficiency ratio* | Noninterest expense | ||||||
3Q '04 | yr earlier | 3Q '04 | Yr earlier | Change | Sept. 30 assets | ||
1 | First Financial HoldingsRenton, Wash. | 17.39% | 20.88% | $2,430 | $2,162 | 12.40% | $756,367 |
2 | New York Community Bancorp Inc. Westbury | 21.37 | 26.9 | 150,700 | 107,615 | 40.04 | 23,671,324 |
3 | Intervest Bancshares Corp. New York | 25.05 | 29.08 | 6,104 | 5,423 | 12.56 | 1,269,256 |
4 | Doral Financial Corp. San Juan, Puerto Rico | 26.95 | 32.79 | 150,447 | 138,354 | 8.74 | 14,983,396 |
5 | W Holding Co. Inc. Mayaguez, Puerto Rico | 30.19 | 31.99 | 73,907 | 61,116 | 20.93 | 13,478,858 |
6 | SBC Inc. Countryside, Ill. | 31.41 | 32.05 | 9,271 | 8,422 | 10.08 | 846,071 |
7 | Amboy Bancorp. Old Bridge, N.J. | 31.51 | 28.43 | 23,493 | 20,120 | 16.76 | 2,280,210 |
8 | Corus Bankshares Inc. Chicago | 33.53 | 38.7 | 41,208 | 38,525 | 6.96 | 4,191,910 |
9 | Bank of Highland Park Financial Ill. | 34.18 | 36.03 | 5,857 | 5,898 | -0.7 | 704,517 |
10 | West Bancorp. Inc. West Des Moines, Iowa | 36.73 | 30.33 | 12,899 | 9,179 | 40.53 | 1,145,243 |
11 | North Fork Bancorp. Melville, N.Y. | 36.76 | 35.95 | 300,463 | 260,693 | 15.26 | 27,502,807 |
12 | Northern Empire Bancshares Santa Rosa, Calif. | 38 | 41.74 | 11,848 | 10,283 | 15.22 | 1,028,103 |
13 | Cathay General Bancorp Los Angeles | 38.95 | 37.65 | 67,486 | 34,495 | 95.64 | 5,893,043 |
14 | ESB Acquisition Corp. New York | 39.03 | NA | 131,149 | NA | NA | 9,634,618 |
15 | Westamerica Bancorp. San Rafael, Calif. | 39.05 | 40.66 | 76,677 | 78,712 | -2.59 | 4,642,245 |
16 | Stearns Financial Services St. Cloud, Minn. | 39.63 | 40.51 | 22,726 | 19,540 | 16.31 | 1,180,500 |
17 | First Bancorp San Juan, Puerto Rico | 40.74 | 47.81 | 134,881 | 119,289 | 13.07 | 15,177,661 |
18 | East West Bancorp Inc. San Marino, Calif. | 40.75 | 44.1 | 65,904 | 56,748 | 16.13 | 5,567,842 |
19 | R&G Financial Corp. Hato Rey, Puerto Rico | 40.85 | 46.51 | 123,925 | 122,748 | 0.96 | 9,188,847 |
20 | UCBH Holdings Inc. San Francisco, Calif. | 41.93 | 43.16 | 71,298 | 57,495 | 24.01 | 6,125,527 |
21 | Frontier Financial Corp. Everett, Wash. | 41.95 | 40.75 | 36,687 | 33,669 | 8.96 | 2,235,648 |
22 | S&T Bancorp Inc. Indiana, Pa. | 43.07 | 42.38 | 44,454 | 42,934 | 3.54 | 2,995,684 |
23 | Wilshire Bancorp Inc. Los Angeles | 43.18 | NA | 19,732 | NA | NA | 1,211,896 |
24 | NSB Holding Corp. Staten Island, N.Y. | 43.19 | 48.41 | 15,132 | 15,286 | -1.01 | 1,469,704 |
25 | ITLA Capital Corp. La Jolla, Calif. | 43.2 | 38.32 | 33,345 | 28,790 | 15.82 | 2,043,188 |
26 | INB Financial Corp. McAllen, Tex. | 43.25 | 46.92 | 13,433 | 11,491 | 16.9 | 891,930 |
27 | Ames National Corp. Iowa | 43.4 | 45.78 | 11,033 | 10,928 | 0.96 | 800,718 |
28 | United National Corp. Sioux Falls, S.D. | 43.85 | 48.19 | 198,849 | 194,613 | 2.18 | 1,043,417 |
29 | U.S. Bancorp Minneapolis | 44.28 | 47.95 | 4,217,400 | 4,677,200 | -9.83 | 192,844,000 |
30 | Delta Bancshares Co. St. Louis | 44.41 | 44.35 | 7,429 | 6,988 | 6.31 | 722,197 |
31 | City National Bancshares Miami | 44.69 | 41.26 | 36,202 | 33,784 | 7.16 | 2,681,032 |
32 | Hudson Valley Holding Corp. Yonkers, N.Y. | 44.87 | 49.86 | 26,549 | 24,910 | 6.58 | 1,877,914 |
33 | Great Southern Bancorp Inc. Springfield, Mo. | 45.15 | 45.62 | 28,574 | 25,378 | 12.59 | 1,787,074 |
34 | First National Bank Group Edinburg, Tex. | 45.73 | 52.56 | 41,086 | 30,320 | 35.51 | 2,681,140 |
35 | Royal Bancshares of Pennsylvania Inc. Narberth | 45.85 | 39.66 | 18,379 | 13,241 | 38.8 | 1,180,888 |
36 | Ocean Bankshares Inc. Miami, Fla. | 45.97 | 42.83 | 76,518 | 70,360 | 8.75 | 4,537,855 |
37 | Parkway Bancorp Inc. Harwood Heights, Ill. | 46.05 | 45.19 | 21,154 | 19,752 | 7.1 | 1,518,561 |
38 | Park National Corp. Newark, Ohio | 46.14 | 43.82 | 92,912 | 89,917 | 3.33 | 5,135,570 |
39 | Republic Bancorp Inc. Owosso, Mich. | 46.31 | 51.8 | 67,749 | 81,555 | -16.93 | 5,802,510 |
40 | MBT Financial Corp. Monroe, Mich. | 46.49 | 45.06 | 23,829 | 22,306 | 6.83 | 1,555,263 |
41 | Bank of The Ozarks Inc. Little Rock | 46.84 | 46.03 | 27,759 | 23,137 | 19.98 | 1,630,340 |
42 | Oriental Financial Group Inc. San Juan, Puerto Rico | 46.87 | 53.31 | 44,637 | 43,733 | 2.07 | 3,938,391 |
43 | Prosperity Bancshares Inc. Houston, Tex. | 46.95 | 48.47 | 37,648 | 29,464 | 27.78 | 2,715,143 |
44 | Hillcrest Bancshares Inc. Overland Park, Kan. | 47.06 | 52.18 | 14,793 | 15,038 | -1.63 | 1,144,192 |
45 | Valley View Bancshares Inc. Overland Park, Kan. | 47.11 | 45.54 | 39,088 | 37,577 | 4.02 | 2,412,926 |
46 | Commercial Bankshares Inc. Miami | 47.62 | 48.94 | 12,437 | 11,397 | 9.13 | 867,260 |
47 | City Holding Co. Cross Lanes, W.Va. | 47.62 | 50.63 | 49,139 | 48,155 | 2.04 | 2,215,717 |
48 | Virginia Commerce Bancorp Arlington, Va. | 47.69 | 52.37 | 16,233 | 15,430 | 5.2 | 1,106,544 |
49 | GreenPoint Financial Corp. New York, N.Y. | 47.78 | 39.16 | 464,758 | 377,212 | 23.21 | 26,961,949 |
50 | Associated Banc-Corp Green Bay, Wis. | 47.79 | 47.59 | 267,902 | 271,029 | -1.15 | 16,175,652 |
51 | Chambers Bancshares Inc. Danville, Ark. | 47.85 | 49.01 | 12,848 | 12,428 | 3.38 | 694,951 |
52 | CVB Financial Corp. Ontario, Calif. | 48.06 | 49.48 | 69,493 | 61,052 | 13.83 | 4,352,741 |
53 | Valley National Bancorp Wayne, N.J. | 48.08 | 48.74 | 162,755 | 164,211 | -0.89 | 10,630,850 |
54 | Smithtown Bancorp Inc. N.Y. | 48.15 | 43.65 | 10,704 | 8,760 | 22.19 | 662,086 |
55 | Minnwest Corp. Minnetonka | 48.45 | 52.2 | 16,319 | 15,224 | 7.19 | 978,819 |
56 | Fifth Third Bancorp Cincinnati | 48.51 | 45.05 | 2,072,523 | 1,810,785 | 14.45 | 98,293,074 |
57 | First Citizens Financial Corp. Mason City, Iowa | 48.59 | 49.38 | 10,867 | 10,686 | 1.69 | 777,819 |
58 | FSB Mutual Holdings Inc. Perkasie, Pa. | 48.92 | NA | 9,170 | NA | NA | 920,943 |
59 | American National Corp. Omaha | 49.37 | 50.99 | 25,480 | 25,079 | 1.6 | 1,370,230 |
60 | Mercantile Bank Corp. Wyoming, Mich. | 49.42 | 50.38 | 16,970 | 13,154 | 29.01 | 1,474,949 |
61 | Berkshire Bancorp Inc. New York | 49.44 | 51.24 | 9,260 | 8,532 | 8.53 | 978,445 |
62 | FirstBank Holding Co. Lakewood, Colo. | 49.53 | 49.35 | 131,203 | 121,581 | 7.91 | 7,274,521 |
63 | United Bancorp. of Wyoming Jackson | 49.7 | 51.71 | 15,898 | 15,533 | 2.35 | 996,893 |
64 | Glacier Bancorp Inc. Kalispell, Mont. | 50.03 | 51.13 | 57,035 | 50,698 | 12.5 | 3,002,699 |
65 | SouthTrust Corp. Birmingham, Ala. | 50.13 | 52.03 | 906,523 | 939,612 | -3.52 | 53,888,169 |
66 | Harleysville National Corp. Pa. | 50.15 | 56.52 | 42,887 | 45,738 | -6.23 | 2,977,584 |
67 | Pacific Capital Bancorp Santa Barbara, Calif. | 50.28 | 50.56 | 135,439 | 121,430 | 11.54 | 5,805,040 |
68 | PrivateBancorp Inc. Chicago | 50.35 | 56.05 | 33,642 | 29,778 | 12.98 | 2,352,366 |
69 | Durant Bancorp Okla. | 50.41 | 51.35 | 20,600 | 19,059 | 8.09 | 1,033,402 |
70 | Central Coast Bancorp Salinas, Calif. | 50.43 | 52.9 | 18,460 | 17,548 | 5.2 | 1,073,765 |
71 | First South Bancorp Inc. Washington, N.C. | 50.47 | 47.75 | 14,616 | 13,289 | 9.99 | 716,130 |
72 | National Bankshares Inc. Blacksburg, Va. | 50.49 | 49.26 | 14,922 | 13,790 | 8.21 | 782,613 |
73 | Vineyard National Bancorp Rancho Cucamonga, Calif. | 50.54 | 53.86 | 21,181 | 11,418 | 85.51 | 1,299,497 |
74 | Mercantile Bankshares Corp. Baltimore | 50.73 | 50.42 | 285,970 | 238,019 | 20.15 | 14,303,019 |
75 | Arrow Financial Corp. Glens Falls, N.Y. | 50.94 | 51.95 | 24,592 | 24,677 | -0.34 | 1,384,793 |
76 | Lauritzen Corp. Omaha | 51.25 | 44.24 | 38,660 | 30,737 | 25.78 | 1,166,098 |
77 | Suffolk Bancorp Riverhead, N.Y. | 51.3 | 50.55 | 27,300 | 27,281 | 0.07 | 1,360,616 |
78 | Horizon Financial Corp. Bellingham, Wash. | 51.35 | 45.89 | 15,663 | 14,026 | 11.67 | 888,469 |
79 | Porter Bancorp Inc. Shepherdsville, Ky. | 51.42 | 54.43 | 13,011 | 12,297 | 5.81 | 872,865 |
80 | First Midwest Bancorp Inc. Itasca, Ill. | 51.54 | 50.63 | 120,279 | 112,083 | 7.31 | 6,934,568 |
81 | Brand Group Holdings Inc. Lawrenceville, Ga. | 51.7 | NA | 5,537 | NA | NA | 669,490 |
82 | Southwest Bancorp Inc. Stillwater, Okla. | 51.78 | 53.99 | 32,266 | 28,088 | 14.87 | 1,880,724 |
83 | First Financial Bankshares Inc. Abilene, Tex. | 51.83 | 51.88 | 49,200 | 45,531 | 8.06 | 2,205,752 |
84 | Stockman Financial Corp. Miles City, Mont. | 51.84 | 54.36 | 17,632 | 16,726 | 5.42 | 970,249 |
85 | National City Corp. Cleveland | 51.91 | 52.17 | 3,283,441 | 3,036,997 | 8.11 | 136,372,583 |
86 | Harleysville Savings Financial Corp. Pa. | 51.91 | 52.03 | 5,627 | 5,181 | 8.61 | 718,270 |
87 | Hanmi Financial Corp. Los Angeles | 51.93 | 52.86 | 47,234 | 28,844 | 63.76 | 3,091,464 |
88 | Security National Corp. Sioux City, Iowa | 52 | 53.94 | 16,668 | 16,864 | -1.16 | 778,455 |
89 | MBNA Corp. Wilmington, Del. | 52.04 | 50.95 | 4,137,448 | 3,779,055 | 9.48 | 62,051,861 |
90 | International Bancshares Corp. Laredo, Tex. | 52.07 | 47.14 | 135,847 | 118,585 | 14.56 | 9,440,641 |
91 | Texas Regional Bancshares McAllen | 52.08 | 49.11 | 104,267 | 69,494 | 50.04 | 5,619,282 |
92 | First Olathe Bancshares Inc. Overland Park, Kan. | 52.15 | 57.92 | 21,862 | 21,906 | -0.2 | 1,142,093 |
93 | Hometown Community Bancorp Morton, Ill. | 52.29 | 51.12 | 11,211 | 9,911 | 13.12 | 1,078,207 |
94 | EuroBancshares Inc. Hato Rey, Puerto Rico | 52.29 | 58.76 | 26,038 | 20,760 | 25.42 | 1,969,323 |
95 | Banknorth Group Inc. Portland, Maine | 52.35 | 55.5 | 499,181 | 486,537 | 2.6 | 29,003,190 |
96 | City National Corp. Beverly Hills | 52.47 | 51.85 | 287,947 | 269,146 | 6.99 | 13,982,607 |
97 | Cascade Bancorp Bend, Ore. | 52.51 | 51.82 | 22,460 | 19,265 | 16.58 | 970,931 |
98 | United Bankshares Inc. Charleston, W.Va. | 52.57 | 53.11 | 122,715 | 119,623 | 2.58 | 6,289,651 |
99 | U.S.B. Holding Co. Inc. Orangeburg, N.Y. | 52.72 | 52.78 | 37,863 | 33,515 | 12.97 | 3,138,932 |
100 | American Chartered Bancorp Schaumburg, Ill. | 52.89 | 58.64 | 23,916 | 20,502 | 16.65 | 1,541,195 |
101 | Camden National Corp. Maine | 53.02 | 50.8 | 23,547 | 22,038 | 6.85 | 1,430,708 |
102 | First Busey Corp. Urbana, Ill. | 53.06 | 54.57 | 30,813 | 30,318 | 1.63 | 1,965,498 |
103 | RCB Holding Co. Inc. Claremore, Okla. | 53.06 | 55.11 | 13,981 | 13,576 | 2.98 | 696,416 |
104 | Orion Bancorp Inc. Naples, Fla. | 53.2 | 53.6 | 19,536 | 15,678 | 24.61 | 1,168,560 |
105 | Boiling Springs MHC Rutherford, N.J. | 53.39 | 59.98 | 14,728 | 13,718 | 7.36 | 1,113,650 |
106 | Lone Star National Bancshares of Texas Pharr | 53.52 | 57.55 | 16,316 | 13,465 | 21.17 | 1,026,112 |
107 | Fishback Financial Corp Brookings, S.D. | 53.54 | 53.97 | 20,844 | 20,156 | 3.41 | 837,381 |
108 | BB&T Corp. Winston-Salem, N.C. | 53.55 | 67.05 | 2,204,290 | 2,371,133 | -7.04 | 97,880,397 |
109 | IBT Bancorp Inc. Irwin, Pa. | 53.62 | 48.56 | 11,232 | 10,572 | 6.24 | 676,926 |
110 | Chemical Financial Corp. Midland, Mich. | 53.87 | 51.72 | 76,281 | 70,776 | 7.78 | 3,872,950 |
111 | Trustmark Corp. Jackson, Miss. | 53.9 | 54.95 | 168,389 | 165,602 | 1.68 | 8,150,627 |
112 | Sierra Bancorp Porterville, Calif. | 53.91 | 61.13 | 21,674 | 20,668 | 4.87 | 947,648 |
113 | Bank of Granite Corp. Granite Falls, N.C. | 54.24 | 45.11 | 22,461 | 18,675 | 20.27 | 1,004,438 |
114 | South Financial Group Greenville, S.C. | 54.25 | 56.54 | 181,594 | 149,526 | 21.45 | 13,649,519 |
115 | Republic Bancorp Inc. Louisville, Ky. | 54.44 | 52.04 | 48,883 | 46,576 | 4.95 | 2,352,736 |
116 | First Community Bancshares Bluefield, Va. | 54.5 | 53.7 | 35,515 | 37,224 | -4.59 | 1,824,517 |
117 | Oak Hill Financial Inc. Jackson, Ohio | 54.52 | 52.02 | 19,669 | 17,908 | 9.83 | 1,017,917 |
118 | Hibernia Corp. New Orleans | 54.61 | 56.44 | 472,574 | 433,344 | 9.05 | 21,353,370 |
119 | Yardville National Bancorp Hamilton, N.J. | 54.63 | 61.7 | 31,492 | 27,461 | 14.68 | 2,753,718 |
120 | First of Long Island Corp. Glen Head, N.Y. | 54.69 | 56.19 | 18,069 | 17,456 | 3.51 | 944,651 |
121 | Columbia Bancorp The Dalles, Ore. | 54.85 | 55.28 | 17,421 | 16,785 | 3.79 | 722,633 |
122 | West Suburban Bancorp Inc. Lombard, Ill. | 55 | 50.61 | 32,402 | 29,783 | 8.79 | 1,732,934 |
123 | CNB Corp. Conway, S.C. | 55.17 | 55.64 | 13,137 | 12,314 | 6.68 | 680,393 |
124 | Sky Financial Group Inc. Bowling Green, Ohio | 55.19 | 53.95 | 258,690 | 244,130 | 5.96 | 14,665,158 |
125 | MB Financial Inc. Chicago | 55.26 | 55.94 | 92,229 | 87,089 | 5.9 | 5,069,411 |
126 | NBT Bancorp Inc. Norwich, N.Y. | 55.3 | 57.13 | 80,370 | 78,463 | 2.43 | 4,201,089 |
127 | First National Community Bancorp Dunmore, Pa. | 55.3 | 52.78 | 12,638 | 11,208 | 12.76 | 898,548 |
128 | Peapack-Gladstone Finalcial Corp. Gladstone, N.J. | 55.31 | 55.51 | 18,703 | 16,835 | 11.1 | 1,055,575 |
129 | First Financial Corp. Terre Haute, Ind. | 55.34 | 56.91 | 47,279 | 46,376 | 1.95 | 2,180,683 |
130 | Western Alliance Bancorp Las Vegas | 55.37 | 57.86 | 31,159 | 18,302 | 70.25 | 2,125,277 |
131 | Wilson Bank Holding Co. Lebanon, Tenn. | 55.4 | 51.78 | 17,333 | 15,536 | 11.57 | 897,965 |
132 | Shore Bancshares Inc. Easton, Md. | 55.49 | 55.88 | 16,484 | 14,316 | 15.14 | 779,954 |
133 | Inwood Bancshares Inc. Dallas | 55.52 | 50.79 | 17,517 | 13,600 | 28.8 | 939,776 |
134 | Investors Bancorp MHC Short Hills, N.J. | 55.6 | 64.6 | 42,616 | 39,552 | 7.75 | 5,324,481 |
135 | Bank of America Corp. Charlotte | 55.66 | 52.37 | 19,610,929 | 14,840,000 | 32.15 | 1,089,312,372 |
136 | Comerica Inc. Detroit | 55.69 | 52.77 | 1,113,832 | 1,103,644 | 0.92 | 53,273,022 |
137 | Cascade Financial Corp. Everett, Wash. | 55.72 | 59.11 | 15,159 | 14,085 | 7.63 | 1,074,616 |
138 | Countrywide Financial Corp. Calabasas, Calif. | 55.73 | 52.37 | 3,742,137 | 3,373,745 | 10.92 | 104,388,452 |
139 | Farmers and Merchants Bancorp Lodi, Calif. | 55.83 | 57.01 | 25,913 | 23,893 | 8.45 | 1,178,345 |
140 | Pinnacle Bancorp Inc. Central City, Neb. | 55.83 | 54.9 | 74,847 | 72,529 | 3.2 | 3,599,645 |
141 | American State Financial Corp. Lubbock, Tex. | 55.83 | 54.34 | 34,109 | 31,368 | 8.74 | 1,732,146 |
142 | IberiaBank Corp. Lafayette, La. | 55.96 | 54.52 | 41,593 | 37,292 | 11.53 | 2,414,936 |
143 | Republic Bancorp Orland Park, Ill. | 55.98 | 58.02 | 9,289 | 8,734 | 6.35 | 680,708 |
144 | Citizens and Northern Corp. Wellsboro, Pa. | 55.98 | 51.98 | 19,255 | 16,224 | 18.68 | 1,135,433 |
145 | Hills Bancorp. Hills, Iowa | 56.12 | 52.04 | 22,796 | 20,401 | 11.74 | 1,262,935 |
146 | First Bank Corp. Fort Smith, Ark. | 56.21 | 57.07 | 24,305 | 23,647 | 2.78 | 1,035,801 |
147 | Main Street Banks Inc. Kennesaw, Ga. | 56.24 | 54.97 | 46,864 | 38,306 | 22.34 | 2,256,846 |
148 | Farmers National Banc Corp. Canfield, Ohio | 56.29 | 54.67 | 14,309 | 13,671 | 4.67 | 809,976 |
149 | Massbank Corp. Reading, Mass. | 56.31 | 51.83 | 9,097 | 9,407 | -3.3 | 978,016 |
150 | Sterling Bancorp New York | 56.31 | 56.41 | 46,886 | 45,565 | 2.9 | 1,809,879 |
Note: Consolidated data from Y9-C reports. *Noninterest expense divided by (total income minus interest expense)
Source: Highline Banking Data Services (877-305-6657)
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