Most Efficient Bank Holding Companies

February 20, 2008, 10:08 a.m. EST 1 Min Read

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Most Efficient Bank Holding CompaniesIn the third quarter of 2007, among the largest 500. Dollars in thousands. Published February 20, 2008
Related Table: Most Improved in Efficiency and Noninterest Expense
Rank		Efficiency ratio*		Noninterest expense			3Q 2007 assets
Rank		3Q 2007	3Q 2006	3Q 2007	3Q 2006	Change	3Q 2007 assets
1	Broadway Bancorp Inc. Chicago	10.69%	NA	$1,668	NA	NA	$1,065,162
2	International Bancshares Corp. Laredo, Tex.	11.63	61.88	15,859	73,772	-78.5	10,616,870
3	Chinatrust Capital Corp. Torrance, Calif.	19.14	60.60	5,032	15 ,786	-68.1	2,389,878
4	Amboy BanCorp. Old Bridge, N.J.	24.05	23.02	7,429	7,657	-3.0	2,749,308
5	Corus Bankshares Inc. Chicago	24.09	16.83	18,658	15,988	16.7	9,205,598
6	Intervest Bancshares Corp. New York	24.34	30.52	3,216	4,202	-23.5	2,033,662
7	Hometown Community Bancorp Inc. Morton, Ill.	25.62	59.73	6,056	5,221	16.0	1,439,774
8	ANB Bancshares Inc. Rogers, Ark.	26.16	37.52	7,693	7,726	-0.4	1,930,621
9	Prosperity Bancshares Inc. Houston	26.38	40.96	22,113	19,752	12.0	6,181,419
10	New York Community Bancorp Inc. Westbury	28.54	38.72	78,162	71,219	9.7	30,061,047
11	Hillcrest Bancshares Inc. Overland Park, Kan.	29.06	25.33	5,700	4,822	18.2	1,725,804
12	New Frontier Bancorp Greeley, Colo.	31.33	35.33	5,615	4,512	24.4	1,760,316
13	Valley View Bancshares Inc. Overland Park, Kan.	31.90	41.71	15,942	12,922	23.4	2,741,887
14	SBC Inc. Countryside, Ill.	33.41	27.07	4,223	4,125	2.4	968,367
15	First Financial Northwest Inc. Renton, Wash.	33.84	42.39	2,021	1,852	9.1	1,118,964
16	Apple Financial Holdings Inc. New York	34.22	NA	17,362	NA	NA	7,746,128
17	Metropolitan Bank Group Inc. Chicago	35.10	49.82	28,534	23,319	22.4	3,061,024
18	Stearns Financial Services Inc. St.Cloud, Minn.	35.18	35.18	9,204	9,139	0.7	1,587,358
19	Cathay General Bancorp Los Angeles	35.19	37.06	33,037	30,080	9.8	9,633,040
20	Barnes BanCorp. Kaysville, Utah	35.63	36.18	4,959	4,639	6.9	900,637
21	Bank of Highland Park Financial Corp. Ill.	35.85	44.85	2,304	2,361	-2.4	1,155,059
22	Frontier Financial Corp. Everett, Wash.	36.23	35.56	18,893	16,531	14.3	3,584,432
23	East West Bancorp Inc. Pasadena, Calif.	38.48	39.07	46,107	41,917	10.0	11,640,224
24	Ida Grove Bancshares Inc. Ida Grove, Iowa	39.26	39.30	3,758	3,268	15.0	964,885
25	Beverly Hills Bancorp Inc. Calabasas, Calif.	39.98	48.64	3,343	4,069	-17.8	1,584,592
26	Westamerica Bancorp. San Rafael, Calif.	40.06	38.29	24,852	25,403	-2.2	4,659,019
27	United BanCorp. of Wyoming Inc. Jackson	41.12	42.06	7,905	6,900	14.6	1,663,965
28	First Mutual Bancorp of Illinois Inc. Harvey	41.80	38.50	5,979	4,216	41.8	1,355,932
29	West Bancorp. Inc. West Des Moines, Iowa	42.16	41.04	6,156	6,094	1.0	1,297,228
30	Florida Community Banks Inc. Immokalee	42.74	25.95	4,497	3,808	18.1	955,010
31	Silver State Bancorp Henderson, Nev.	42.77	41.41	10,501	6,745	55.7	1,674,009
32	Wilshire Bancorp Inc. Los Angeles	42.79	38.48	11,274	10,621	6.1	2,100,802
33	Hanmi Financial Corp. Los Angeles	42.90	38.56	20,888	19,435	7.5	4,011,473
34	Inwood Bancshares Inc. Dallas	43.85	46.25	6,388	6,514	-1.9	1,338,479
35	Orion Bancorp Inc. Naples, Fla.	43.96	40.78	9,467	9,634	-1.7	2,629,668
36	S&T Bancorp Inc. Indiana, Pa.	43.97	43.12	18,031	16,146	11.7	3,348,573
37	UCBH Holdings Inc. San Francisco	44.35	48.51	43,493	38,422	13.2	11,081,131
38	First Community Bancorp San Diego	44.37	40.23	34,515	29,750	16.0	5,088,778
39	Stockman Financial Corp. Miles City, Mont.	44.42	47.34	8,096	7,780	4.1	1,333,389
40	Bank of the Ozarks Inc. Little Rock	45.02	48.64	11,732	11,707	0.2	2,651,929
41	Porter Bancorp Inc. Louisville	45.05	43.50	5,399	4,653	16.0	1,255,080
42	Cascade Bancorp Bend, Ore.	45.41	43.07	15,318	14,761	3.8	2,401,890
43	Georgian Bancorp. Inc. Atlanta	45.42	45.15	7,986	6,562	21.7	2,027,725
44	First South Bancorp Inc. Washington, N.C.	45.47	44.38	5,910	5,860	0.9	915,467
45	Virginia Commerce Bancorp Inc. Arlington	46.07	44.32	9,901	8,551	15.8	2,228,309
46	U.S. Bancorp Minneapolis	46.14	42.39	1,718,000	1,540,000	11.6	227,628,000
	Oriental Financial Group Inc. San Juan, Puerto Rico	46.14	71.55	16,523	15,146	9.1	5,857,189
48	Central Pacific Financial Corp. Honolulu	46.23	45.94	30,693	30,237	1.5	5,647,624
49	Capital One Financial Corp. McLean, Va.	46.36	55.74	1,726,501	1,716,503	0.6	147,154,835
50	Nara Bancorp Inc. Los Angeles	46.49	38.09	14,586	13,021	12.0	2,344,499
51	NEB Corp. Fond Du Lac, Wis.	46.85	55.35	7,958	7,634	4.2	1,253,619
52	City Holding Co. Charleston, W.Va.	46.86	42.32	18,059	18,105	-0.3	2,491,819
53	United National Corp. Sioux Falls, S.D.	47.06	42.61	105,358	86,152	22.3	1,516,158
54	American National Corp. Omaha	47.26	47.13	9,961	9,584	3.9	1,683,261
55	United Bankshares Inc. Charleston, W.Va.	47.34	65.10	39,166	47,857	-18.2	7,685,688
56	Horizon Financial Corp. Bellingham, Wash.	47.71	47.09	7,450	6,877	8.3	1,346,131
57	Green Bankshares Inc. Greeneville, Tenn.	48.19	54.11	19,092	13,455	41.9	2,955,747
58	Olney Bancshares of Texas Inc.	48.25	41.26	8,522	6,378	33.6	1,224,428
59	First National Community Bancorp Dunmore, Pa.	48.49	45.98	5,885	4,981	18.1	1,295,277
60	Parkway Bancorp Inc. Harwood Heights, Ill.	48.58	44.56	8,677	7,633	13.7	1,943,120
61	Citizens Financial Group Inc. Providence, R.I.	48.59	47.84	796,724	767,823	3.8	164,201,368
62	Sierra Bancorp Porterville, Calif.	48.77	49.15	8,719	8,219	6.1	1,208,077
63	Farmers and Merchants Bancorp Lodi, Calif.	48.91	52.36	10,228	10,765	-5.0	1,491,005
64	First Chicago Bancorp Itasca, Ill.	48.92	NA	4,771	NA	NA	1,072,383
65	Whitney Holding Corp. New Orleans	49.19	61.63	87,793	90,730	-3.2	10,607,886
66	1867 Western Financial Corp. Stockton, Calif.	49.35	45.63	13,129	12,607	4.1	1,954,452
67	Van Diest Investment Co. Ankeny, Iowa	49.81	66.06	6,027	5,462	10.3	881,613
68	Center Financial Corp. Los Angeles	49.91	45.38	11,579	10,922	6.0	2,005,970
69	Amarillo National Bancorp Inc. Tex.	49.92	52.45	15,478	13,914	11.2	2,520,347
70	Dickinson Financial Corp. II Kansas City, Mo.	50.39	49.21	46,525	43,637	6.6	5,126,806
71	First Regional Bancorp Century City, Calif.	50.43	40.94	15,198	12,184	24.7	2,111,687
72	M&T Bank Corp. Buffalo	50.47	51.60	373,351	388,921	-4.0	60,008,123
73	Community Bancorp Las Vegas	50.57	47.28	10,005	6,369	57.1	1,677,859
74	Suffolk Bancorp Riverhead, N.Y.	50.67	50.38	9,900	10,000	-1.0	1,427,093
75	Great Southern Bancorp Inc. Springfield, Mo.	50.74	47.95	13,439	12,319	9.1	2,397,124
76	First National Lincoln Corp. Damariscotta, Maine	50.81	53.51	5,999	6,225	-3.6	1,202,579
77	Bank of America Corp. Charlotte	50.89	43.99	8,594,349	8,894,925	-3.4	1,582,330,249
78	Alpine Banks of Colorado Glenwood Springs	50.91	52.33	18,005	15,871	13.4	2,272,704
79	Smithtown Bancorp Inc. Hauppauge, N.Y.	50.97	49.68	6,720	6,157	9.1	1,095,488
80	Bank of Granite Corp. Granite Falls, N.C.	51.05	49.57	8,571	8,602	-0.4	1,217,405
81	City National Bancshares Inc. Miami	51.13	45.16	15,161	14,208	6.7	2,682,177
82	Bridgeview Bancorp Inc. Chicago	51.15	29.69	7,508	7,342	2.3	1,392,171
83	HSBC North America Holdings Prospect Heights, Ill.	51.36	48.88	3,770,823	2,869,017	31.4	509,865,590
84	Trinity Capital Corp. Los Alamos, N.M.	51.43	53.12	7,666	7,211	6.3	1,427,517
85	American Chartered Bancorp Schaumburg, Ill.	51.52	50.94	12,196	12,052	1.2	2,674,939
86	First Midwest Bancorp Inc. Itasca, Ill.	51.72	48.70	49,717	48,927	1.6	7,886,630
87	Hudson Valley Holding Corp. Yonkers, N.Y.	51.73	46.23	16,001	14,097	13.5	2,244,150
88	Great Western Bancorp. Inc. Omaha	51.81	54.43	20,443	20,407	0.2	3,465,926
89	BB&T Corp. Winston-Salem, N.C.	51.89	54.76	888,262	913,934	-2.8	130,781,281
90	Community Trust Bancorp Inc. Pikeville, Ky.	51.93	54.92	19,324	19,957	-3.2	2,929,142
91	Camden National Corp. Maine	52.07	48.85	8,402	8,780	-4.3	1,747,826
92	Cascade Financial Corp. Everett, Wash.	52.08	54.23	6,621	6,267	5.6	1,380,249
93	Associated Banc-Corp Green Bay, Wis.	52.14	49.25	133,731	123,686	8.1	20,940,007
	Bank of Hawaii Corp. Honolulu	52.14	51.88	84,569	83,383	1.4	10,549,595
95	Gateway Financial Holdings Inc. Virginia Beach	52.40	81.13	12,352	9,018	37.0	1,737,077
96	Colonial BancGroup Inc. Montgomery, Ala.	52.41	54.47	134,979	131,946	2.3	24,544,177
	American State Financial Corp. Lubbock, Tex.	52.41	53.68	13,909	13,298	4.6	1,995,946
98	Summit Financial Group Moorefield, W.Va.	52.47	70.60	7,010	10,370	-32.4	1,340,418
99	First Community Bancshares Bluefield, Va.	52.50	50.77	12,836	12,215	5.1	2,174,645
100	CVB Financial Corp. Ontario, Calif.	52.59	44.95	29,999	25,046	19.8	6,157,795
101	Macon Bancorp Franklin, N.C.	52.60	51.47	5,300	5,003	5.9	1,042,275
102	Lone Star National Bancshares Texas Inc. Pharr	52.67	51.74	9,870	8,366	18.0	1,611,079
103	Villages BanCorp. Inc. The Villages, Fla.	52.69	56.02	5,828	4,623	26.1	1,030,989
104	First Financial Bankshares Inc. Abilene, Tex.	52.79	51.84	22,056	20,657	6.8	2,894,491
105	W Holding Co. Mayaguez, Puerto Rico	52.85	23.77	43,883	31,030	41.4	18,056,030
106	Park National Corp. Newark, Ohio	52.93	49.49	42,817	35,489	20.6	6,511,136
107	FirstBank Holding Co. Lakewood, Colo.	52.95	49.77	50,780	45,783	10.9	8,575,272
108	SNBNY Holdings Ltd. New York	53.21	40.24	18,479	15,451	19.6	4,004,490
109	First BanCorp. San Juan, Puerto Rico	53.23	50.33	74,956	76,915	-2.5	17,087,079
110	Pacific Continental Corp. Eugene, Ore.	53.42	52.85	6,394	6,100	4.8	922,041
111	First Bancorp Inc. Lebanon, Va.	53.46	50.73	5,864	5,429	8.0	904,931
112	NBT Bancorp Inc. Norwich, N.Y.	53.58	53.68	31,568	29,918	5.5	5,151,072
	Big Sandy Holding Co. Longmont, Colo.	53.58	42.90	6,640	5,480	21.2	1,191,245
114	SVB Financial Group Santa Clara, Calif.	53.67	62.93	78,325	73,811	6.1	6,065,202
115	Valley National Bancorp Wayne, N.J.	53.74	54.34	64,361	66,347	-3.0	12,439,474
116	Crews Banking Corp. Wauchula, Fla.	53.77	51.01	7,418	7,270	2.0	1,068,912
	Christen Group Inc. Huron, S.D.	53.77	55.40	6,732	6,578	2.3	941,049
118	Cullen/Frost Bankers Inc. San Antonio	53.79	56.14	112,143	102,864	9.0	13,301,951
119	BBVA USA Bancshares Inc. The Woodlands, Tex.	53.80	55.98	83,446	265,450	-68.6	42,223,363
120	Glacier Bancorp Inc. Kalispell, Mont.	54.00	51.53	36,922	29,236	26.3	4,700,446
	FSB Mutual Holdings Inc. Perkasie, Pa.	54.00	52.59	3,548	3,115	13.9	1,001,990
122	Hills BanCorp. Hills, Iowa	54.01	50.65	8,993	8,435	6.6	1,612,313
123	Zions Bancorp. Salt Lake City	54.10	53.79	351,387	330,759	6.2	50,044,686
124	BancWest Corp. Honolulu	54.23	55.09	363,581	356,086	2.1	71,700,114
125	First Citizens Financial Corp. Mason City, Iowa	54.24	53.95	4,572	4,320	5.8	995,809
126	Durant Bancorp Inc. Okla.	54.25	52.49	13,349	11,576	15.3	1,750,864
127	Savannah Bancorp Inc. Ga.	54.42	53.65	5,176	4,941	4.8	889,196
128	United Community Banks Inc. Blairsville, Ga.	54.45	57.79	48,182	44,939	7.2	8,180,600
129	W.T.B. Financial Corp. Spokane	54.58	53.07	25,349	23,352	8.6	3,626,499
130	Yadkin Valley Financial Corp. Elkin, N.C.	54.60	NA	8,084	NA	NA	1,144,647
131	PAB Bankshares Inc. Valdosta, Ga.	54.69	51.47	7,460	6,969	7.0	1,195,680
132	First Bank Corp Fort Smith, Ark.	54.71	49.29	10,506	10,121	3.8	1,372,881
133	Riverside Banking Co. Fort Pierce, Fla.	54.78	56.80	26,024	24,915	4.5	4,800,342
134	Umpqua Holdings Corp. Portland, Ore.	54.98	56.41	53,026	50,740	4.5	8,231,081
	National Penn Bancshares Inc. Boyertown, Pa.	54.98	54.91	34,101	32,458	5.1	5,763,931
136	S.Y. Bancorp Inc. Louisville	55.02	57.84	12,104	12,220	-0.9	1,410,866
137	Royal Bancshares of Pennsylvania Inc. Narberth	55.19	41.48	6,779	7,041	-3.7	1,300,594
138	Taylor Capital Group Inc. Rosemont, Ill.	55.37	55.68	18,223	18,179	0.2	3,445,227
	Univest Corp. of Pennsylvania Souderton	55.37	55.85	13,082	12,332	6.1	1,952,375
	Arrow Financial Corp. Glens Falls, N.Y.	55.37	56.42	9,227	9,205	0.2	1,577,049
141	Bank of Kentucky Financial Corp. Crestview Hills	55.39	59.82	8,602	7,243	18.8	1,154,181
	Paragon Commercial Corp. Raleigh	55.39	41.45	4,071	2,889	40.9	910,026
143	Shore Bancshares Inc. Easton, Md.	55.45	54.64	7,599	7,198	5.6	939,877
144	Liberty Financial Group Inc. Eugene, Ore.	55.60	51.99	7,058	5,959	18.4	927,893
145	Lauritzen Corp. Omaha	55.78	53.06	18,008	16,038	12.3	1,288,767
146	City National Corp. Beverly Hills	55.90	54.69	137,463	118,593	15.9	15,556,521
147	Wells Fargo & Co. San Francisco	55.96	56.79	5,480,000	5,057,000	8.4	548,727,000
148	Northrim BanCorp Inc. Anchorage	55.98	53.08	8,559	7,661	11.7	958,872
149	Centennial Bank Holdings Inc. Denver	56.03	53.49	18,183	21,192	-14.2	2,615,462
150	Lakeland Financial Corp. Warsaw, Ind.	56.04	54.58	10,707	9,933	7.8	1,884,693

Note: Only top tier bank holding companies that file a Y-9C statement with the Fed are included. Excludes thrift holding companies. * Noninterest expense divided by (total income minus interest expense)
Source:

SNL Financial