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Banks, thrifts and holding companies

Most Efficient Bank Holding Companies

December 28, 2005, 10:08 a.m. EST 1 Min Read
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Most Efficient Bank Holding Companies

Most Efficient Bank Holding Companies
In the second quarter of 2005, among the largest 500. Dollars in thousands
Published December 28, 2005
Related Table: Most Improved in Efficiency and Noninterest Expense
Rank   Efficiency ratio* Noninterest expense June 30 assets
2Q 2005 Year earlier 2Q 2005 Year earlier Change
1 First Financial Holdings Renton, Wash. 19.84% 17.41% $1,946 $1,584 22.85% $789,182
2 Corus Bankshares Inc. Chicago 24.92 34.23 29,305 28,423 3.10 6,504,221
3 Intervest Bancshares Corp. New York 25.15 25.43 5,123 3,963 29.27 1,511,604
4 Amboy Bancorp. Old Bridge, N.J. 25.85 34.95 14,381 17,247 -16.62 2,643,539
5 W Holding Co. Inc. Mayaguez, Puerto Rico 28.50 30.36 50,622 48,479 4.42 15,272,044
6 New York Community Bancorp Inc. Westbury 28.77 19.80 105,437 100,428 4.99 25,210,431
7 SBC Inc. Countryside, Ill. 28.99 31.94 6,971 6,127 13.78 999,519
8 Florida Community Banks Inc. Immokalee 29.72 36.53 6,047 5,876 2.91 789,272
9 Bank of Highland Park Financial Ill. 33.76 34.08 3,869 3,939 -1.78 778,172
10 Stearns Financial Services St. Cloud, Minn. 35.38 40.17 16,391 15,039 8.99 1,388,041
11 West Bancorp. Inc. West Des Moines, Iowa 35.85 37.82 9,205 8,662 6.27 1,187,793
12 Cathay General Bancorp Los Angeles 36.41 40.23 46,948 45,550 3.07 6,073,302
13 Hillcrest Bancshares Inc. Overland Park, Kan. 36.56 46.51 9,158 9,768 -6.24 1,195,558
14 Westamerica Bancorp. San Rafael, Calif. 37.58 39.99 51,898 52,186 -0.55 5,196,691
15 Pacific Capital Bancorp Santa Barbara, Calif. 37.61 46.53 101,873 91,813 10.96 6,168,802
16 INB Financial Corp. McAllen, Tex. 38.81 43.12 10,690 8,669 23.31 989,765
17 North Fork Bancorp. Melville, N.Y. 38.87 35.98 496,744 185,994 167.08 60,385,689
18 Northern Empire Bancshares Santa Rosa, Calif. 39.22 37.03 9,603 7,491 28.19 1,187,300
19 Wilshire Bancorp Inc. Los Angeles 40.36 NA 15,400 NA NA 1,457,020
20 Silver State Bancorp Henderson, Nev. 40.41 58.58 8,408 7,370 14.08 727,632
21 East West Bancorp Inc. San Marino, Calif. 40.75 41.41 57,026 42,192 35.16 6,701,685
22 Big Sandy Holding Co. Limon, Colo. 41.17 41.83 7,228 4,610 56.79 827,783
23 First Bancorp San Juan, Puerto Rico 41.29 41.87 108,217 88,830 21.82 18,822,119
24 Hanmi Financial Corp. Los Angeles 41.42 53.06 33,710 28,643 17.69 3,251,747
25 Frontier Financial Corp. Everett, Wash. 41.80 42.40 27,492 24,338 12.96 2,508,821
26 First Regional Bancorp.Los Angeles 42.10 64.05 16,808 14,131 18.94 1,450,537
27 Delta Bancshares Co. St. Louis 42.44 44.19 4,953 4,909 0.90 769,146
28 RCB Corp. Sacramento, Calif. 43.04 72.11 11,249 11,183 0.59 753,705
29 S&T Bancorp Inc. Indiana, Pa. 43.13 43.15 31,421 29,564 6.28 3,079,663
30 Ocean Bankshares Inc. Miami 43.22 44.92 52,975 49,526 6.96 4,882,938
31 United National Corp. Sioux Falls, S.D. 43.36 42.78 154,225 129,839 18.78 1,047,984
32 Bank of the Ozarks Inc. Little Rock 43.99 47.15 19,504 17,993 8.40 1,902,817
33 UCBH Holdings Inc. San Francisco 44.09 41.82 58,505 45,466 28.68 7,040,457
Orion Bancorp Inc. Naples, Fla. 44.09 53.89 13,747 12,938 6.25 1,434,265
35 United Bankshares Inc. Charleston, W.Va. 44.24 51.17 59,335 76,391 -22.33 6,528,700
36 Republic Bancorp Inc. Owosso, Mich. 44.88 46.13 44,131 44,401 -0.61 6,075,228
37 City National Bancshares Miami 44.88 44.41 25,362 23,630 7.33 2,837,681
38 U.S. Bancorp Minneapolis 45.07 42.78 2,931,000 2,696,100 8.71 203,981,000
39 Hudson Valley Holding Corp. Yonkers, N.Y. 45.17 45.53 21,386 17,458 22.50 1,988,986
40 Gold Banc Corp. Inc. Leawood, Kan. 45.30 72.10 49,007 72,076 -32.01 4,094,592
41 Georgian Bancorp. Inc. Powder Springs, Ga. 45.47 64.43 7,138 4,440 60.77 954,537
42 United Bancorp. of Wyoming Jackson 45.86 51.02 11,540 10,532 9.57 1,031,769
43 Ames National Corp. Ames, Iowa 45.97 43.74 7,638 7,331 4.19 835,312
44 Valley View Bancshares Inc. Overland Park, Kan. 46.00 47.44 26,550 25,887 2.56 2,453,839
45 NSB Holding Corp. Staten Island, N.Y. 46.04 43.09 10,942 9,991 9.52 1,522,271
46 Stockman Financial Corp. Miles City, Mont. 46.13 53.49 11,612 11,583 0.25 1,055,748
47 Parkway Bancorp Inc. Harwood Heights, Ill. 46.55 46.34 15,265 14,208 7.44 1,583,993
48 ANB Bancshares Inc. Rogers, Ark. 46.82 51.76 9,933 8,625 15.17 790,357
49 CVB Financial Corp. Ontario, Calif. 46.84 49.38 51,907 46,041 12.74 4,811,854
50 City Holding Co. Charleston, W.Va. 46.98 47.67 32,920 33,761 -2.49 2,508,448
51 FSB Mutual Holdings Inc. Perkasie, Pa. 47.25 51.83 6,247 6,348 -1.59 966,745
52 Center Financial Corp. Los Angeles 47.37 56.57 18,874 15,849 19.09 1,502,755
Virginia Commerce Bancorp Arlington 47.37 47.81 13,784 10,326 33.49 1,394,030
54 First South Bancorp Inc. Washington, N.C. 47.41 51.01 10,272 9,698 5.92 792,399
55 Mercantile Bank Corp. Grand Rapids, Mich. 47.78 47.94 14,045 10,555 33.06 1,709,157
56 FirstBank Holding Co. Lakewood, Colo. 47.92 50.08 87,698 86,138 1.81 7,101,386
57 Porter Bancorp Inc. Shepherdsville, Ky. 48.20 52.67 9,852 8,538 15.39 951,550
58 PrivateBancorp Inc. Chicago 48.27 49.34 25,482 21,761 17.10 3,202,072
59 Central Coast Bancorp Salinas, Calif. 48.35 50.99 14,483 12,127 19.43 1,248,599
60 Lone Star National Bancshares of Texas Pharr 48.59 53.94 12,596 10,572 19.14 1,152,574
61 Park National Corp. Newark, Ohio 48.78 46.23 68,738 61,820 11.19 5,633,319
62 Royal Bancshares of Pennsylvania Inc. Narberth 48.82 46.18 13,588 12,377 9.78 1,263,713
63 Great Southern Bancorp Inc. Springfield, Mo. 48.86 46.18 21,351 18,931 12.78 2,004,337
American National Corp. Omaha 48.86 49.48 17,729 17,038 4.06 1,480,796
65 First Citizens Financial Corp. Mason City, Iowa 48.88 48.03 7,291 7,170 1.69 775,398
66 Mercantile Bankshares Corp. Baltimore 49.12 50.43 204,066 186,753 9.27 16,092,994
67 Texas Regional Bancshares McAllen 49.18 51.39 80,002 65,371 22.38 6,226,165
68 Olney Bancshares of Texas 49.35 57.83 7,182 6,720 6.88 952,865
69 Prosperity Bancshares Inc. Houston 49.58 47.29 33,590 24,472 37.26 3,455,669
70 Camden National Corp. Camden, Maine 49.62 53.25 15,745 15,763 -0.11 1,586,984
71 ITLA Capital Corp. La Jolla, Calif. 49.63 41.49 22,280 23,482 -5.12 2,849,163
72 Minnwest Corp. Minnetonka, Minn. 49.66 49.23 12,292 10,941 12.35 1,095,572
73 Valley National Bancorp Wayne, N.J. 49.69 48.27 116,122 107,878 7.64 12,267,025
NEB Corp. Fond du Lac, Wis. 49.69 60.69 13,350 14,285 -6.55 1,105,926
75 Hometown Community Bancorp Morton, Ill. 49.76 51.36 7,639 7,263 5.18 1,140,411
76 Associated Banc-Corp Green Bay, Wis. 50.02 47.74 237,576 178,871 32.82 20,775,692
Commercial Bankshares Inc. Miami 50.02 47.90 9,189 8,235 11.58 963,869
78 First Midwest Bancorp Inc. Itasca, Ill. 50.13 52.05 80,702 79,950 0.94 7,075,693
79 Bank of America Corp. Charlotte 50.32 56.08 14,066,242 12,621,714 11.44 1,251,037,147
80 Vineyard National Bancorp Rancho Cucamonga, Calif. 50.42 49.99 16,752 13,169 27.21 1,620,760
81 Glacier Bancorp Inc. Kalispell, Mont. 50.47 50.66 44,212 37,593 17.61 3,531,935
82 Villages Bancorp. Inc. Lady Lake, Fla. 50.63 51.91 7,643 6,255 22.19 754,431
83 Republic Bancorp Inc. Louisville 50.78 52.12 35,010 33,123 5.70 2,594,403
84 MBT Financial Corp. Monroe, Mich. 50.99 47.18 17,166 15,807 8.60 1,583,533
85 Cascade Bancorp Bend, Ore. 51.05 53.99 17,150 14,879 15.26 1,164,841
86 Suffolk Bancorp Riverhead, N.Y. 51.12 51.97 18,758 18,311 2.44 1,417,962
87 U.S.B. Holding Co. Inc. Orangeburg, N.Y. 51.19 52.95 26,417 24,828 6.40 2,878,782
88 American Chartered Bancorp Schaumburg, Ill. 51.20 53.98 18,034 15,691 14.93 1,833,015
89 First Financial Bankshares Inc. Abilene, Tex. 51.30 51.84 37,407 32,388 15.50 2,425,817
90 Crews Banking Corp. Wauchula, Fla. 51.31 57.02 13,263 11,576 14.57 1,039,339
91 Horizon Financial Corp Bellingham, Wash. 51.52 50.29 11,721 10,017 17.01 1,027,958
92 First Busey Corp. Urbana, Ill. 51.58 52.72 23,226 19,643 18.24 2,027,862
93 Nara Bancorp Inc. Los Angeles 51.61 56.10 23,834 21,570 10.50 1,717,381
94 Independent Alliance Banks Fort Wayne, Ind. 51.63 52.25 6,378 5,191 22.87 822,476
95 Boiling Springs MHC Rutherford, N.J. 51.83 53.99 9,829 9,809 0.20 1,148,753
96 Central Pacific Financial Honolulu 52.01 51.75 58,151 27,925 108.24 4,918,781
97 First National Community Bancorp Dunmore, Pa. 52.01 55.87 9,133 8,332 9.61 955,334
98 Southwest Bancorp Inc. Stillwater,. Okla. 52.16 53.78 26,209 21,115 24.13 2,038,295
99 Harleysville Savings Financial Corp. Pa. 52.30 53.08 4,014 3,762 6.70 755,533
100 Security National Corp. Sioux City, Iowa 52.39 52.27 11,040 11,102 -0.56 826,414
101 First National Security Co. De Queen, Ark. 52.40 44.76 6,637 5,176 28.23 862,388
102 Fifth Third Bancorp Cincinnati 52.47 48.85 1,431,752 1,417,542 1.00 103,159,676
103 Taylor Capital Group Inc. Rosemont, Ill. 52.53 66.35 34,500 37,435 -7.84 3,073,989
104 Berkshire Bancorp Inc. New York 52.61 49.97 6,571 6,134 7.12 1,002,927
105 Cascade Financial Corp Everett, Wash. 52.65 57.63 11,189 10,028 11.58 1,158,819
106 First National Lincoln Corp. Damariscotta, Maine 52.72 49.37 10,513 6,358 65.35 958,572
107 International Bancshares Corp. Laredo, Tex. 52.85 51.51 124,858 78,822 58.41 10,272,677
108 Bank of Hawaii Corp. Honolulu 52.88 59.18 164,745 187,011 -11.91 10,059,798
109 AmSouth Bancorp. Birmingham, Ala. 52.90 55.18 634,546 634,213 0.05 50,559,721
110 Shore Bancshares Inc. Easton, Md. 53.02 56.26 12,348 10,798 14.35 819,795
111 EuroBancshares Inc. Hato Rey, Puerto Rico 53.29 54.51 22,141 16,239 36.34 2,275,586
112 City National Corp. Beverly Hills 53.42 52.59 214,669 190,173 12.88 14,478,873
113 Lauritzen Corp. Omaha 53.44 51.33 28,617 25,074 14.13 1,205,158
114 City Bancorp Springfield, Mo. 53.48 59.05 7,441 5,852 27.15 765,780
115 Bank of Granite Corp. Granite Falls, N.C. 53.49 55.04 15,560 15,108 2.99 1,069,897
116 First Bank Corp. Fort Smith, Ark. 53.50 55.41 18,048 16,033 12.57 1,214,751
117 National Bankshares Inc. Blacksburg, Va. 53.52 50.14 11,230 9,611 16.85 819,574
118 Columbia Bancorp The Dalles, Ore. 53.52 55.69 13,406 11,404 17.56 782,747
119 Harleysville National Corp. Pa. 53.54 51.14 32,396 28,410 14.03 3,032,588
120 M&T Bank Buffalo 53.56 56.18 720,627 728,653 -1.11 54,481,946
121 Brand Group Holdings Inc. Lawrenceville, Ga. 53.58 55.44 9,457 1,361 594.86 724,668
122 CBS Banc-Corp. Russellville, Ala. 53.64 54.25 7,063 6,948 1.66 738,912
123 Yardville National Bancorp Hamilton, N.J. 53.88 56.37 24,098 20,871 15.46 2,930,412
124 Main Street Banks Inc. Kennesaw, Ga. 54.22 57.26 32,803 31,372 4.56 2,372,970
125 American State Financial Corp. Lubbock, Tex. 54.29 55.52 22,837 22,577 1.15 1,859,187
126 Mid-State Bancshares Arroyo Grande, Calif. 54.53 60.98 37,713 40,843 -7.66 2,351,096
127 BB&T Corp. Winston-Salem, N.C. 54.62 54.74 1,554,844 1,488,022 4.49 105,835,324
128 Macon Bancorp Franklin, N.C. 54.72 63.76 9,553 8,985 6.32 852,231
129 CNB Corp. Conway, S.C. 54.74 55.84 9,402 8,631 8.93 721,070
130 Hills Bancorp. Hills, Iowa 54.83 56.58 15,604 15,146 3.02 1,367,224
131 Chemical Financial Corp. Midland, Mich. 54.84 54.53 50,311 51,157 -1.65 3,722,100
Arrow Financial Corp. Glens Falls, N.Y. 54.84 51.16 17,665 16,300 8.37 1,454,305
133 Capital One Financial Corp McLean, Va. 54.86 NA 2,641,145 NA NA 56,995,967
134 Comerica Inc. Detroit 55.23 55.45 759,841 740,904 2.56 55,111,472
135 Hibernia Corp. New Orleans 55.27 53.89 354,345 306,159 15.74 22,084,608
136 Durant Bancorp Durant, Okla. 55.28 49.76 17,517 13,392 30.80 1,296,477
137 Macatawa Bank Corp. Holland, Mich. 55.43 59.35 21,112 17,846 18.30 1,780,632
138 Massbank Corp. Reading, Mass. 55.44 57.69 6,404 6,120 4.64 930,061
Univest Corp. of Pennsylvania Souderton 55.54 58.31 23,101 23,410 -1.32 1,699,635
140 Compass Bancshares Birmingham, Ala. 55.58 56.68 443,651 418,464 6.02 29,586,124
141 South Financial Group Greenville, S.C. 55.59 53.20 146,045 111,737 30.70 14,882,469
142 Fishback Financial Corp Brookings, S.D. 55.59 54.19 16,084 13,631 18.00 916,826
143 First Olathe Bancshares Inc. Overland Park, Kan. 55.62 50.54 15,490 14,474 7.02 1,307,025
144 Zions Bancorp. Salt Lake City 55.75 57.36 482,531 451,845 6.79 32,875,294
145 Smithtown Bancorp Inc. Hauppauge, N.Y. 55.75 49.05 10,596 7,025 50.83 794,582
146 Columbia Bancorp Md. 55.77 59.34 16,802 15,047 11.66 1,284,115
147 First National Bank Group Edinburg, Tex. 55.84 46.40 35,270 26,527 32.96 2,873,624
148 Stark Bank Group Ltd. Fort Dodge, Iowa 55.87 58.94 11,613 10,414 11.51 1,091,276
Wilson Bank Holding Co. Lebanon, Tenn. 55.87 55.74 12,056 11,418 5.59 990,091
150 West Suburban Bancorp Inc. Lombard, Ill. 55.88 55.46 22,562 21,883 3.10 1,781,603

Notes: Includes only bank holding companies filing Y-9C reports with the Federal Reserve at the highest reporting level. Excludes S&L holding companies and bank holding companies owned by foreign holding companies.

* Noninterest expense divided by (total income minus interest expense)

Source: Highline Banking Data Services (877-305-6657)

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