Most Efficient Bank Holding Companies

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Most Efficient Bank Holding Companies

Most Efficient Bank Holding CompaniesOn March 31, 2011. Dollars in thousands.
Published August 8, 2011

Rank   Efficiency Ratio* Noninterest Expenses 1Q 2011
Assets
2011 2010 2011 2010 Change
1 Chinatrust Capital Corp. Torrance, Calif. 23.38 119.99 $10,614 $14,345 -26.0% $1,534,008
2 Republic Bancorp Inc. Louisville, Ky. 24.95 37.36 42,818 51,139 -16.3 3,395,744
3 NRBC Holding Corp. Chicago 31.41 18.94 4,855 2,586 87.7 1,309,751
4 Lauritzen Corp. Omaha, Neb. 35.51 48.69 14,848 14,363 3.4 1,560,090
5 Discover Financial Services Riverwoods, Ill. 36.19 30.09 618,139 496,841 24.4 64,694,631
6 First California Financial Group Inc. Westlake Village 36.74 80.58 18,339 9,939 84.5 1,830,440
7 First Citizens Financial Corp. Mason City, Iowa 37.33 52.12 5,428 5,465 -0.7 1,112,326
8 Parkway Bancorp Inc. Harwood Heights, Ill. 37.42 60.16 11,338 10,004 13.3 2,534,125
9 Industry Bancshares Inc. Texas 39.12 42.96 7,468 6,072 23.0 1,594,105
10 New York Community Bancorp Inc. Westbury 39.55 36.71 146,524 136,469 7.4 41,047,855
11 Clayton Bancorp Inc. Knoxville, Tenn. 39.58 41.51 4,599 4,179 10.1 971,982
12 First Security Bancorp Searcy, Ark. 40.01 48.55 30,063 28,995 3.7 3,805,642
13 United National Corp. Sioux Falls, S.D. 40.15 34.22 67,673 81,328 -16.8 1,795,550
14 Barclays Delaware Holdings LLC Wilmington 40.18 NA 160,928 NA NA 14,391,034
15 Prosperity Bancshares Inc. Houston 41.47 40.85 41,360 39,581 4.5 9,727,112
16 American State Financial Corp. Lubbock, Texas 43.02 46.22 16,874 15,520 8.7 2,755,020
17 Pacific Premier Bancorp Inc. Costa Mesa, Calif. 43.15 68.10 6,097 3,952 54.3 956,482
18 Wilshire Bancorp Inc. Los Angeles 43.63 42.50 16,425 14,275 15.1 2,789,095
19 Westamerica Bancorp. San Rafael, Calif. 43.64 42.81 32,179 33,081 -2.7 4,937,003
20 Amboy Bancorp. Old Bridge, N.J. 43.66 76.65 12,138 15,066 -19.4 2,317,738
21 National Bankshares Inc. Blacksburg, Va. 43.80 44.43 5,952 5,750 3.5 1,026,558
22 Lakeside Bancorp Inc. Chicago 44.49 43.65 4,709 4,533 3.9 1,055,318
23 Villages Bancorp. Inc. The Villages, Fla. 44.85 51.20 5,171 5,070 2.0 1,305,717
24 Investors Bancorp MHC Short Hills, N.J. 44.97 45.83 38,252 30,361 26.0 9,802,786
25 Intervest Bancshares Corp. New York 45.23 57.37 4,991 7,666 -34.9 2,014,125
ServisFirst Bancshares Inc. Birmingham, Ala. 45.23 44.72 8,597 7,258 18.4 1,864,647
27 East West Bancorp Inc. Pasadena, Calif. 46.04 53.29 99,998 123,895 -19.3 21,147,081
28 Liberty Bancshares Inc. Springfield, Mo. 46.44 54.97 6,252 6,510 -4.0 1,049,658
29 West Bancorp. Inc. West Des Moines, Iowa 47.00 46.11 6,417 6,078 5.6 1,291,587
30 Heartland Bancorp Inc. Bloomington, Ill. 47.19 49.57 10,088 10,056 0.3 1,640,478
31 Ida Grove Bancshares Inc. Iowa 47.30 46.77 5,330 5,162 3.3 1,133,098
32 Ames National Corp. Iowa 47.47 47.67 4,604 4,533 1.6 1,003,731
33 First Bancorp Inc. Damariscotta, Maine 47.74 48.34 6,442 6,288 2.4 1,431,038
34 Brookline Bancorp Inc. Mass. 48.47 NA 13,456 NA NA 3,057,772
35 Lakeland Financial Corp. Warsaw, Ind. 48.61 45.99 14,164 13,044 8.6 2,750,616
36 First Community Financial Partners Inc. Joliet, Ill. 48.91 61.00 4,360 4,373 -0.3 935,842
37 Stearns Financial Services Inc. St. Cloud, Minn. 48.97 50.61 9,513 11,115 -14.4 1,382,478
38 First Financial Bankshares Inc. Abilene, Texas 49.06 50.01 26,160 23,337 12.1 3,828,203
39 U.S. Bancorp Minneapolis 49.35 46.71 2,301,000 2,127,000 8.2 311,462,000
40 FirstBank Holding Co. Lakewood, Colo. 49.47 47.00 67,638 62,842 7.6 10,911,761
41 Traditional Bancorp. Inc. Mount Sterling, Ky. 49.61 52.80 5,384 4,825 11.6 1,062,954
42 Nara Bancorp Inc. Los Angeles 49.63 49.48 16,606 14,106 17.7 2,926,143
43 First Bank Corp. Fort Smith, Ark. 49.80 59.15 11,105 11,051 0.5 1,586,366
44 WNB Bancshares Inc. Odessa, Texas 49.91 51.96 5,676 5,597 1.4 1,101,962
45 Farmers and Merchants Bancorp Lodi, Calif. 50.37 48.88 10,975 11,025 -0.5 1,861,419
46 Home BancShares Inc. Conway, Ark. 50.53 42.14 23,726 18,337 29.4 3,703,780
47 Capital One Financial Corp. McLean, Va. 50.63 42.12 2,121,153 1,853,664 14.4 199,300,238
48 Hills Bancorp. Iowa 50.64 53.03 10,924 11,409 -4.3 1,998,608
49 Bank of the Ozarks Inc. Little Rock, Ark. 50.67 38.33 26,192 17,471 49.9 3,326,878
50 Independence Bancshares Inc. Owensboro, Ky. 50.80 54.06 6,212 5,644 10.1 1,016,450
51 Valley National Bancorp Wayne, N.J. 50.84 57.46 83,904 78,486 6.9 14,363,839
52 Amarillo National Bancorp Inc. Texas 51.46 47.62 18,520 16,897 9.6 2,808,490
53 Center Financial Corp. Los Angeles 51.47 53.94 12,660 10,849 16.7 2,262,460
54 Bank of Marin Bancorp Novato, Calif. 51.48 55.97 9,130 8,222 11.0 1,290,699
55 First Bancorp Inc. Lebanon, Va. 51.51 49.78 7,205 6,837 5.4 1,193,216
56 First Financial Bancorp. Cincinnati 51.75 60.39 57,790 60,261 -4.1 6,314,481
57 Virginia Commerce Bancorp Inc. Arlington 51.81 54.38 14,448 13,789 4.8 2,783,633
58 American National Corp. Omaha, Neb. 51.84 55.80 11,686 11,258 3.8 1,798,608
59 Talmer Bancorp Inc. Troy, Mich. 51.87 NA 23,540 NA NA 1,994,126
60 NEB Corp. Fond Du Lac, Wis. 52.13 49.98 8,201 8,206 -0.1 1,575,883
61 CVB Financial Corp. Ontario, Calif. 52.53 54.48 38,688 49,203 -21.4 6,499,758
62 First of Long Island Corp. Glen Head, N.Y. 52.57 54.77 9,067 8,977 1.0 1,735,012
63 Orrstown Financial Services Inc. Shippensburg, Pa. 52.82 58.39 9,438 8,817 7.0 1,512,393
64 First Bancorp Troy, N.C. 53.06 59.36 25,158 22,261 13.0 3,403,378
65 Glacier Bancorp Inc. Kalispell, Mont. 53.38 51.72 41,067 40,192 2.2 6,909,864
66 Fulton Financial Corp. Lancaster, Pa. 53.57 53.77 101,563 99,229 2.4 15,961,196
67 Popular Inc. Hato Rey, Puerto Rico 53.63 62.47 275,000 280,000 -1.8 38,736,000
68 Bar Harbor Bankshares Maine 53.97 52.86 5,535 5,223 6.0 1,162,484
69 Santander BanCorp Guaynabo, Puerto Rico 54.00 52.54 65,860 62,311 5.7 7,054,599
70 Olney Bancshares of Texas Inc. 54.03 51.82 10,098 10,500 -3.8 1,720,412
71 Bank of Highland Park Financial Corp. Ill. 54.04 55.10 4,077 3,976 2.5 1,118,564
72 Republic Bancorp Co. Oak Brook, Ill. 54.21 59.94 9,822 8,546 14.9 1,507,051
73 Enterprise Financial Services Corp. Clayton, Mo. 54.33 60.76 17,460 13,895 25.7 2,925,320
74 Camden National Corp. Maine 54.67 55.44 13,285 12,924 2.8 2,338,317
75 PacWest Bancorp Los Angeles 54.69 54.68 44,036 40,796 7.9 5,471,804
76 Center Bancorp Inc. Union, N.J. 54.70 67.38 5,935 6,402 -7.3 1,288,646
77 Cashmere Valley Financial Corp. Cashmere, Wash. 54.90 56.05 6,257 5,468 14.4 1,122,863
78 Park National Corp. Newark, Ohio 55.03 55.52 46,346 47,890 -3.2 7,338,403
79 United Bankshares Inc. Charleston, W.Va. 55.04 54.61 41,936 42,372 -1.0 7,191,317
80 City Holding Co. Cross Lanes, W.Va. 55.09 53.37 19,648 19,590 0.3 2,699,446
81 Southwest Bancorp Inc. Stillwater, Okla. 55.14 49.29 16,400 15,650 4.8 2,779,028
82 Apple Financial Holdings Inc. New York 55.33 57.04 21,932 21,417 2.4 6,751,466
83 Central Bancorp Inc. Garland, Texas 55.40 74.68 16,397 12,758 28.5 2,553,525
84 Crews Banking Corp. Wauchula, Fla. 55.51 59.64 7,825 8,211 -4.7 1,137,659
85 M&T Bank Corp. Buffalo, N.Y. 55.53 54.96 485,631 472,108 2.9 67,881,208
86 International Bancshares Corp. Laredo, Texas 55.60 71.98 75,643 98,368 -23.1 12,195,543
87 Provident Financial Services Inc. Iselin, N.J. 55.74 57.71 35,285 34,702 1.7 6,793,992
88 First Financial Corp. Terre Haute, Ind. 55.79 54.75 19,348 18,261 6.0 2,490,547
89 SVB Financial Group Santa Clara, Calif. 55.82 65.49 117,435 98,575 19.1 18,633,616
90 First Citizens BancShares Inc. Raleigh, N.C. 55.86 47.17 187,954 174,075 8.0 21,167,495
91 First Busey Corp. Champaign, Ill. 55.87 53.83 25,665 25,352 1.2 3,517,965
92 Longview Financial Corp. Texas 55.91 58.94 9,008 8,641 4.2 1,362,317
93 PNC Financial Services Group Inc. Pittsburgh 55.94 52.81 2,083,308 2,057,386 1.3 259,500,612
94 Stockman Financial Corp. Miles City, Mont. 56.11 54.66 10,579 9,861 7.3 1,982,201
95 Bank of Kentucky Financial Corp. Crestview Hills 56.14 58.06 10,349 10,613 -2.5 1,637,436
96 Citizens and Northern Corp. Wellsboro, Pa. 56.19 53.39 8,276 7,857 5.3 1,316,209
97 Great Southern Bancorp Inc. Springfield, Mo. 56.39 59.76 22,333 21,559 3.6 3,500,289
98 Hometown Community Bancorp Inc. Morton, Ill. 56.48 49.60 11,900 10,273 15.8 2,657,027
99 United Community Bancorp Inc. Chatham, Ill. 56.75 50.32 7,006 5,220 34.2 1,139,255
100 Summit Bancorp Inc. Arkadelphia, Ark. 56.97 57.34 6,624 6,254 5.9 1,095,822
101 First Bancshares Inc. Merrillville, Ind. 56.99 55.90 15,263 14,518 5.1 2,056,927
102 Central Bancompany Inc. Jefferson City, Mo. 57.00 58.02 71,475 69,886 2.3 9,646,885
103 Cathay General Bancorp El Monte, Calif. 57.12 54.90 49,278 42,568 15.8 10,614,409
104 CBX Corp. Carrollton, Ill. 57.17 64.54 4,381 4,051 8.1 980,220
105 Eagle Bancorp Inc. Bethesda, Md. 57.22 60.85 14,274 11,377 25.5 2,186,714
106 Pinnacle Bancorp Inc. Central City, Neb. 57.30 57.28 40,912 37,955 7.8 6,144,734
107 PrivateBancorp Inc. Chicago 57.34 63.53 69,771 72,346 -3.6 12,497,442
108 Security National Corp. Dakota Dunes, S.D. 57.38 58.23 7,081 6,931 2.2 1,074,896
109 S&T Bancorp Inc. Indiana, Pa. 57.53 56.84 27,465 28,072 -2.2 4,090,054
110 Lakeland Bancorp Inc. Oak Ridge, N.J. 57.63 57.00 17,026 16,780 1.5 2,752,063
111 Coppermark Bancshares Inc. Oklahoma City 57.67 61.81 8,292 8,414 -1.4 1,233,133
112 National Penn Bancshares Inc. Boyertown, Pa. 57.87 58.88 56,837 57,657 -1.4 8,543,267
113 Savannah Bancorp Inc. Ga. 58.09 60.31 5,880 5,899 -0.3 1,038,571
114 State Bank Financial Corp. Atlanta 58.16 NA 20,693 NA NA 2,692,432
115 Educational Services of America Inc. Knoxville, Tenn. 58.21 32.88 6,152 5,165 19.1 1,323,886
116 Bank of Hawaii Corp. Honolulu 58.36 51.31 86,728 82,180 5.5 13,013,676
117 Porter Bancorp Inc. Louisville, Ky. 58.38 49.79 9,004 8,050 11.9 1,737,107
118 S.Y. Bancorp Inc. Louisville, Ky. 58.49 59.12 15,341 14,881 3.1 1,921,326
119 Midland States Bancorp Inc. Effingham, Ill. 58.54 52.67 12,833 8,480 51.3 1,588,911
120 Inwood Bancshares Inc. Dallas 58.63 56.91 7,295 7,381 -1.2 1,311,878
121 Tennessee Commerce Bancorp Inc. Franklin 58.93 48.15 6,588 6,509 1.2 1,521,343
122 First Co. Bancorp Inc. Collinsville, Ill. 59.01 57.92 6,497 6,041 7.5 1,027,831
123 USAmeriBancorp Inc. Clearwater, Fla. 59.07 54.04 13,281 4,013 230.9 1,994,897
124 W.T.B. Financial Corp. Spokane, Wash. 59.08 60.45 26,150 26,871 -2.7 3,836,401
125 CNB Financial Corp. Clearfield, Pa. 59.27 66.00 8,258 8,089 2.1 1,484,135
126 Wells Fargo & Co. San Francisco 59.34 53.80 12,692,000 12,135,000 4.6 1,244,666,000
127 Citigroup Inc. New York 59.35 45.26 12,805,000 11,898,000 7.6 1,947,815,000
128 WesBanco Inc. Wheeling, W.Va. 59.36 62.14 35,054 35,971 -2.5 5,371,142
129 Arrow Financial Corp. Glen Falls, N.Y. 59.42 55.69 12,319 11,540 6.8 1,978,404
130 Univest Corp. of Pennsylvania Souderton 59.45 63.73 16,746 17,079 -1.9 2,108,579
131 Commerce Bancshares Inc. Kansas City, Mo. 59.52 60.94 163,296 161,889 0.9 19,029,009
132 HSBC North America Holdings Inc. New York 59.54 46.88 1,989,466 2,045,981 -2.8 369,534,704
133 Washington Banking Co. Oak Harbor, Wash. 59.79 60.06 14,086 7,755 81.6 1,683,387
134 State Bancorp Inc. Jericho, N.Y. 59.90 61.37 9,981 10,987 -9.2 1,579,735
135 First NBC Bank Holding Co. New Orleans 59.91 74.90 7,528 6,119 23.0 1,539,936
136 Southside Bancshares Inc. Tyler, Texas 59.93 55.34 18,512 17,447 6.1 3,098,716
137 Hudson Valley Holding Corp. Yonkers, N.Y. 59.96 54.37 20,006 18,501 8.1 2,655,273
138 ACNB Corp. Gettysburg, Pa. 60.05 62.69 7,219 7,472 -3.4 975,717
139 Financial Institutions Inc. Warsaw, N.Y. 60.18 60.47 15,332 14,719 4.2 2,295,116
140 Bremer Financial Corp. St. Paul, Minn. 60.19 58.06 56,732 55,262 2.7 7,875,453
141 First State Bancshares Inc. Farmington, Mo. 60.25 63.91 8,886 7,907 12.4 1,257,484
Southeastern Bank Financial Corp. Augusta, Ga. 60.25 65.27 9,868 9,601 2.8 1,635,422
143 BOK Financial Corp. Tulsa, Okla. 60.27 55.46 178,147 170,857 4.3 23,718,338
144 Cullen/Frost Bankers Inc. San Antonio 60.37 59.71 138,280 132,433 4.4 17,982,253
145 First Guaranty Bancshares Inc. Hammond, La. 60.53 58.00 6,577 6,189 6.3 1,171,478
146 Liberty Bancshares Inc. Jonesboro, Ark. 60.54 61.40 16,477 15,629 5.4 2,591,023
147 Lone Star National Bancshares Texas Inc. McAllen 60.62 59.08 13,405 12,171 10.1 2,169,650
148 Community Trust Bancorp Inc. Pikeville, Ky. 60.66 59.05 26,547 23,441 13.3 3,459,271
149 Cardinal Financial Corp. McLean, Va. 60.70 62.72 13,690 13,095 4.5 2,060,043
150 Hanmi Financial Corp. Los Angeles 60.76 66.18 18,910 19,111 -1.1 2,879,667
151 Wilson Bank Holding Co. Lebanon, Tenn. 60.79 57.65 9,890 9,083 8.9 1,489,354
152 MB Financial Inc. Chicago 60.81 62.18 76,855 72,088 6.6 10,084,014
153 First Niagara Financial Group Inc. Buffalo, N.Y. 60.97 NA 144,570 NA NA 21,468,946
154 Independent Alliance Banks Inc. Fort Wayne, Ind. 60.99 58.31 5,783 5,633 2.7 948,321
155 Plains Bancorp Inc. Dimmitt, Texas 61.18 61.03 6,108 5,835 4.7 1,007,424
156 Chemical Financial Corp. Midland, Mich. 61.32 62.65 36,034 29,907 20.5 5,335,095
157 First Citizens Bancshares Inc. Dyersburg, Tenn. 61.35 59.44 7,435 7,249 2.6 1,002,619
158 Southern Bancorp Inc. Arkadelphia, Ark. 61.51 61.51 8,426 8,151 3.4 1,089,251
159 Tompkins Financial Corp. Ithaca, N.Y. 61.63 60.92 25,216 24,494 2.9 3,278,894
160 North American Bancshares Inc. Sherman, Texas 61.76 58.30 13,466 12,369 8.9 1,892,001
161 Peoplesbancorp MHC Holyoke, Mass. 61.82 69.23 8,948 9,058 -1.2 1,624,374
162 BBVA PR Holding Corp. San Juan, Puerto Rico 61.96 53.04 30,365 28,862 5.2 4,866,720
163 MidWestOne Financial Group Inc. Iowa City, Iowa 61.99 66.38 10,652 11,051 -3.6 1,618,209
RCB Holding Co. Inc. Claremore, Okla. 61.99 59.95 12,828 9,567 34.1 1,941,253
165 First BanCorp. San Juan, Puerto Rico 62.03 59.35 79,239 89,817 -11.8 15,104,090
166 Texas Capital Bancshares Inc. Dallas 62.04 60.00 42,925 37,520 14.4 6,061,543
167 First National Security Co. Hot Springs, Ark. 62.06 60.16 5,970 6,128 -2.6 994,563
168 Trustmark Corp. Jackson, Miss. 62.14 58.42 78,035 75,663 3.1 9,514,462
169 Bryn Mawr Bank Corp. Pa. 62.20 67.68 14,165 11,710 21.0 1,713,941
170 Austin Bancorp Inc. Jacksonville, Texas 62.35 59.96 11,554 10,214 13.1 1,261,700
Discount Bancorp Inc. New York, N.Y. 62.35 63.30 44,106 40,190 9.7 9,109,224
172 Suffolk Bancorp Riverhead, N.Y. 62.37 52.25 13,773 11,883 15.9 1,615,173
173 Big Sandy Holding Co. Longmont, Colo. 62.47 80.88 5,417 6,407 -15.5 1,135,642
174 Fifth Third Bancorp Cincinnati 62.50 62.25 917,424 955,913 -4.0 110,484,945
175 First Interstate BancSystem Inc. Billings, Mont. 62.51 63.07 51,194 51,650 -0.9 7,426,051
176 BancWest Corp. San Francisco 62.54 60.73 454,414 403,071 12.7 73,463,920
177 JPMorgan Chase & Co. New York 62.58 58.72 16,090,000 16,255,000 -1.0 2,198,161,000
178 Wintrust Financial Corp. Lake Forest, Ill. 62.71 60.20 94,048 84,037 11.9 14,094,294
179 Washington Trust Bancorp Inc. Westerly, R.I. 62.84 66.76 20,672 19,584 5.6 2,892,939
180 NBT Bancorp Inc. Norwich, N.Y. 62.85 57.05 45,155 42,277 6.8 5,477,612
181 TriCo Bancshares Chico, Calif. 62.90 63.20 19,671 18,802 4.6 2,195,738
182 Valley View Bancshares Inc. Overland Park, Kan. 62.93 60.74 18,200 18,393 -1.0 3,240,736
183 Franklin Resources Inc. San Mateo, Calif. 63.01 64.88 1,119,252 953,253 17.4 12,722,547
184 First Mid-Illinois Bancshares Inc. Mattoon, Ill. 63.03 59.21 10,357 7,986 29.7 1,487,843
185 Community Bank System Inc. DeWitt, N.Y. 63.06 64.22 43,064 43,815 -1.7 5,549,372
186 First York Ban Corp. Neb. 63.10 65.83 7,984 7,415 7.7 975,607
187 Banterra Corp. Eldorado, Ill. 63.13 63.67 8,239 7,908 4.2 1,106,248
Farmers National Banc Corp. Canfield, Ohio 63.13 64.10 7,852 7,542 4.1 1,013,923
189 Oriental Financial Group Inc. San Juan, Puerto Rico 63.15 49.60 30,249 20,029 51.0 7,176,129
190 Farmers and Merchants Bancorp Inc. Archbold, Ohio 63.33 64.17 5,568 5,943 -6.3 923,929
191 SNBNY Holdings Ltd. Gibraltar 63.45 63.77 18,926 17,203 10.0 3,820,244
192 Fishback Financial Corp. Brookings, S.D. 63.50 70.75 12,183 11,648 4.6 1,568,419
193 Broadway Bancshares Inc. San Antonio 63.51 61.29 19,301 18,611 3.7 2,360,915
194 Middlesex Bancorp MHC Natick, Mass. 63.57 58.75 21,134 19,814 6.7 4,022,618
195 Sunflower Financial Inc. Salina, Kan. 63.68 61.72 13,055 13,262 -1.6 1,700,993
196 Susquehanna Bancshares Inc. Lititz, Pa. 63.71 63.50 95,883 94,304 1.7 13,951,525
197 Bridge Bancorp Inc. Bridgehampton, N.Y. 63.72 63.18 7,408 6,601 12.2 1,072,817
198 Bancorp Inc. Wilmington, Del. 64.01 66.39 17,100 14,207 20.4 2,836,697
FirstMerit Corp. Akron, Ohio 64.01 64.62 112,247 94,326 19.0 14,473,243
200 Umpqua Holdings Corp. Portland, Ore. 64.03 56.11 80,702 67,642 19.3 11,555,594

Note: Only top-tier bank holding companies that filed a Y-9C statement with the Fed as of July 29, 2011, 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. Rankings include only current companies operating as of July 29, 2011.

Source:

SNL Financial
, Charlottesville, Va.
© 2011 American Banker