Most Efficient Bank Holding Companies

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Most Efficient Bank Holding Companies

Most Efficient Bank Holding CompaniesYear to Date Through Sept. 30. Dollars in thousands.
Published March 5, 2012

Rank   Efficiency Ratio* Noninterest Expenses 3Q 2011
Assets
2011 2010 2011 2010 Change
1 Briscoe Ranch Inc. Uvalde, Texas 8.68 19.58 $14,399 $16,640 -13.5% $901,137
2 Berkshire Bancorp Inc New York 20.64 70.47 13,061 16,036 -18.6 852,606
3 NRBC Holding Corp. Chicago 31.20 24.72 13,208 9,485 39.3 1,292,490
4 SBT Bancshares Inc. Dallas 33.12 27.10 6,968 6,058 15.0 578,140
5 Parke Bancorp Inc. Swell, N.J. 34.08 33.87 9,509 8,252 15.2 767,047
6 Southern Bancshares N.C. Inc. Mount Olive 34.22 75.54 32,959 30,922 6.6 2,071,115
7 Discover Financial Services Riverwoods, Ill. 36.54 32.34 1,929,276 1,623,766 18.8 68,124,551
8 Industry Bancshares Inc. Industry, Texas 38.28 46.36 21,641 18,970 14.1 1,767,316
9 Republic Bancorp Inc. Louisville, Ky. 39.24 47.71 97,782 100,906 -3.1 3,095,141
10 United National Corp. Sioux Falls, S.D. 39.48 37.49 195,491 231,110 -15.4 1,756,293
11 Villages Bancorp. Inc. The Villages, Fla. 41.55 48.75 15,012 15,684 -4.3 1,318,510
12 First Bemidji Holding Co. Minn. 41.91 0.00 7,535 0 NA 552,367
13 JJR Holding Co. Inc. Brick, N.J. 41.95 43.85 9,736 10,586 -8.0 575,976
14 Prosperity Bancshares Inc. Houston 42.41 44.55 124,393 124,810 -0.3 9,569,637
15 Clayton Bancorp Inc. Knoxville, Tenn. 42.64 42.35 13,612 13,139 3.6 949,793
16 Capitol Bancorp. Inc. Britton, S.D. 42.85 38.25 22,223 21,217 4.7 689,149
17 New York Community Bancorp Inc. Westbury 42.87 38.65 453,290 428,337 5.8 41,940,253
18 First Paragould Bankshares Inc. Ark. 42.96 43.42 10,695 10,301 3.8 684,780
19 Manhattan Banking Corp. Kan. 43.12 45.36 11,310 10,504 7.7 740,207
20 First Security Bancorp Searcy, Ark. 43.67 48.33 91,933 91,073 0.9 4,084,205
21 Stearns Financial Services Inc. St. Cloud, Minn. 43.90 51.78 28,836 33,872 -14.9 1,337,951
22 Charter Bankshares Inc. Eau Claire, Wis. 43.99 43.95 11,188 10,888 2.8 718,650
23 Investors Bancorp MHC Millburn, N.J. 44.03 43.64 115,943 92,683 25.1 10,501,480
24 Intervest Bancshares Corp. New York 44.20 87.27 15,941 31,482 -49.4 1,991,245
25 Chinatrust Capital Corp. Torrance, Calif. 44.32 1,000.61 33,432 44,277 -24.5 1,528,465
26 Heritage Group Inc. Wood River, Neb. 44.45 0.00 7,187 0 NA 555,275
27 Republic Bancorp Co. Orland Park, Ill. 44.68 62.75 27,658 27,990 -1.2 1,415,935
28 National Bankshares Inc. Blacksburg, Va. 44.77 45.45 17,715 17,123 3.5 1,042,122
29 ServisFirst Bancshares Inc. Birmingham, Ala. 45.09 44.61 26,798 22,460 19.3 2,259,378
30 Lauritzen Corp. Omaha, Neb. 45.24 41.30 52,881 49,633 6.5 1,590,811
31 Blackhawk Bancorp. Inc. Milan, Ill. 45.38 50.54 12,646 13,728 -7.9 874,785
32 Waupaca Bancorp. Inc. Wis. 45.76 47.38 12,062 11,688 3.2 769,821
33 The Bank of Southside Virginia Corp. Carson 45.87 45.10 10,505 10,167 3.3 558,995
34 Ida Grove Bancshares Inc. Iowa 45.97 46.17 15,729 15,632 0.6 1,144,193
35 Westamerica Bancorp. San Rafael, Calif. 46.72 44.95 99,030 98,244 0.8 4,963,584
36 Ames National Corp. Iowa 46.82 47.13 13,997 13,652 2.5 1,020,228
37 East West Bancorp Inc. Pasadena, Calif. 46.83 52.62 305,918 330,675 -7.5 21,813,203
38 Ambank Co. Inc. Sioux Center, Iowa 47.07 49.02 13,107 12,523 4.7 785,626
39 County Bancorp Inc. Manitowoc, Wis. 47.15 44.56 9,666 7,898 22.4 684,678
40 FirstBank Holding Co. Lakewood, Colo. 47.29 48.22 205,137 198,046 3.6 11,424,902
41 American State Financial Corp. Lubbock, Texas 47.30 48.19 53,534 50,900 5.2 2,941,489
Barclays Delaware Holdings LLC Wilmington 47.30 0.00 502,961 0 NA 14,362,884
43 Lakeland Financial Corp. Warsaw, Ind. 47.51 45.98 41,609 40,089 3.8 2,828,673
44 Nara Bancorp Inc. Los Angeles 47.57 48.92 50,137 45,598 10.0 3,016,127
45 Southern Missouri Bancorp Inc. Poplar Bluff 47.95 0.00 11,937 0 NA 720,531
46 Lakeside Bancorp Inc. Chicago 48.09 43.29 15,156 14,072 7.7 1,105,360
47 Northern Bancorp Inc. Woburn, Mass. 48.27 53.81 11,893 11,705 1.6 699,762
48 First Financial Bankshares Inc. Abilene, Texas 48.49 49.82 78,368 71,996 8.9 3,935,403
49 First Illinois Bancorp Inc. East St. Louis 48.61 47.47 9,250 9,384 -1.4 559,296
Herky Hawk Financial Corp. Monticello, Iowa 48.61 50.63 4,803 4,635 3.6 308,722
51 Farmers and Merchants Bancorp Lodi, Calif. 48.81 47.86 31,480 32,293 -2.5 1,881,570
52 Hills Bancorp. Iowa 48.90 50.61 32,717 33,577 -2.6 1,996,380
53 Hometown Banc Corp Grand Island, Neb. 48.92 48.04 13,519 12,077 11.9 851,972
54 Citizens Financial Services Inc. Mansfield, Pa. 48.96 49.46 13,612 13,170 3.4 859,188
55 Olney Bancshares of Texas Inc.. 49.21 58.59 28,726 31,823 -9.7 1,796,283
56 Liberty Bancshares Inc. Springfield, Mo. 49.29 51.86 19,922 19,612 1.6 1,101,218
57 Wilshire Bancorp Inc. Los Angeles 49.50 42.85 47,802 45,516 5.0 2,680,713
58 WestStar Bank Holding Co. Inc. El Paso, Texas 49.65 51.81 17,612 17,265 2.0 972,004
59 Gulfstream Bancshares Inc. Stuart, Fla. 49.73 51.88 8,213 8,833 -7.0 546,621
60 Enterprise Financial Services Corp Clayton, Mo. 49.85 57.02 53,780 43,969 22.3 3,370,489
61 Traditional Bancorp. Inc. Mount Sterling, Ky. 49.92 51.45 16,683 14,800 12.7 1,047,231
62 First Bancorp Inc. Damariscotta, Maine 50.09 47.82 19,681 18,373 7.1 1,427,038
63 Citizens and Northern Corp. Wellsboro, Pa. 50.27 53.33 24,109 23,492 2.6 1,312,054
64 First Financial Bancorp. Cincinnati 50.47 55.34 151,405 177,390 -14.6 6,337,729
65 Planters Financial Group Inc. Hopkinsville, Tenn. 50.69 0.00 9,589 0 NA 648,427
66 AFNB Holdings Inc. Houston 50.74 53.59 12,813 12,464 2.8 967,540
67 Southern National Bancorp of Virginia Inc. McLean 50.84 0.00 10,727 0 NA 605,397
68 Penns Wood Bancorp Inc. Jersey Shore, Pa. 50.90 53.73 14,812 14,680 0.9 752,650
69 Magnolia Banking Corp. Ark. 51.02 54.13 12,217 11,508 6.2 714,901
70 First Bancorp Inc. Lebanon, Va. 51.10 48.45 21,698 20,566 5.5 1,199,133
71 Virginia Commerce Bancorp Inc. Arlington 51.24 49.31 43,863 42,116 4.1 2,942,323
72 North Jersey Community Bancorp Inc. Englewood Cliffs, N.J. 51.27 0.00 10,642 0 NA 696,550
73 U.S. Bancorp Minneapolis 51.32 50.78 7,181,000 6,801,000 5.6 330,141,000
74 West Bancorp. Inc. West Des Moines, Iowa 51.34 49.25 19,513 20,200 -3.4 1,226,599
75 First Farmers Financial Corp. Converse, Ind. 51.45 57.97 16,267 16,809 -3.2 894,670
76 Home BancShares Inc. Conway, Ark. 51.47 54.30 70,992 58,403 21.6 3,622,166
77 The First of Long Island Corp. Glen Head, N.Y. 51.50 53.62 27,236 26,877 1.3 1,940,018
78 NEB Corp. Fond du Lac, Wis. 51.52 52.29 24,134 25,006 -3.5 1,520,170
79 Santander BanCorp San Juan, Puerto Rico 51.65 54.28 190,970 196,375 -2.8 7,001,739
80 Peoples Financial Services Corp. Hallstead, Pa. 51.77 0.00 11,428 0 NA 610,078
81 Amarillo National Bancorp Inc. Texas 51.78 50.56 56,235 54,808 2.6 3,054,542
82 First Keystone Corp. Berwick, Pa. 51.85 51.57 13,177 12,692 3.8 824,755
83 First Citizens Financial Corp. Mason City, Iowa 51.89 52.00 16,578 16,702 -0.7 1,143,612
84 Stockman Financial Corp. Miles City, Mont. 51.92 54.85 31,886 31,163 2.3 2,025,495
85 First Bank Corp Fort Smith, Ark. 52.23 62.95 34,021 34,238 -0.6 1,570,758
86 Independence Bancshares Inc. Owensboro, Ky. 52.24 53.44 19,856 18,016 10.2 1,119,211
87 CVB Financial Corp. Ontario, Calif. 52.26 61.76 114,516 149,503 -23.4 6,531,604
88 State Bank Financial Corp. Atlanta 52.28 53.82 66,447 56,275 18.1 2,675,360
89 Center Bancorp Inc. Union, N.J. 52.36 63.02 17,221 17,674 -2.6 1,376,517
Parkway Bancorp Inc. Harwood Heights, Ill. 52.36 57.88 34,462 29,206 18.0 2,316,119
91 First Financial Banc Corp. El Dorado, Ark. 52.41 55.35 19,789 18,227 8.6 780,110
92 Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 52.48 55.41 10,644 9,743 9.2 603,955
93 QNB Corp. Quakertown, Pa. 52.61 54.71 13,518 12,837 5.3 875,211
94 Foresight Financial Group Inc. Rockford, Ill. 52.65 52.44 15,182 14,043 8.1 873,414
95 First Breckinridge Bancshares Inc. Irvington, Ky. 52.76 53.37 15,408 14,104 9.2 687,541
96 Trust No. 3 Under the Will of Charles Henderson Troy, Ala. 52.90 49.25 12,772 11,778 8.4 865,033
97 Cashmere Valley Financial Corp. Cashmere, Wash. 53.04 55.64 17,943 17,078 5.1 1,172,207
98 Honat Bancorp Inc. Honesdale, Pa. 53.11 0.00 10,277 0 NA 557,344
99 WNB Bancshares I nc. Odessa, Texas 53.31 56.21 17,392 17,349 0.2 1,243,704
100 Orrstown Financial Services Inc. Shippensburg, Pa. 53.37 54.32 29,988 26,966 11.2 1,517,315
101 Bank of Marin Bancorp Novato, Calif. 53.40 55.44 28,549 25,317 12.8 1,362,717
102 Merchants and Southern Banks of Florida Inc. Gainesville 53.49 76.71 8,091 9,631 -16.0 389,954
103 Citizens Bankshares Inc. Farmington, N.M. 53.76 53.45 11,869 12,162 -2.4 632,544
1st Summit Bancorp of Johnstown Inc. Pa. 53.76 54.64 11,229 10,520 6.7 741,555
105 Mid State Banks Inc. Hawkinsville, Ga. 53.84 88.78 8,730 9,733 -10.3 288,936
Inwood Bancshares Inc. Dallas 53.84 53.10 20,264 20,764 -2.4 1,397,425
Putnam Bancshares Inc. Hurricane, W.Va. 53.84 46.97 6,688 6,445 3.8 575,766
108 Chambers Bancshares Inc. Danville, Ark. 53.90 70.97 11,556 14,791 -21.9 731,156
109 Fulton Financial Corp. Lancaster, Pa. 53.97 53.54 309,391 301,195 2.7 16,295,851
Center Financial Corp. Los Angeles 53.97 55.44 38,196 35,494 7.6 2,259,356
111 United Bankshares Inc. Charleston, W.Va. 53.98 55.52 130,252 127,594 2.1 8,577,886
112 Bar Harbor Bankshares Maine 53.99 54.49 17,001 16,114 5.5 1,156,032
113 Cathay General Bancorp El Monte, Calif. 54.11 50.12 137,354 113,448 21.1 10,499,111
114 American National Corp. Omaha, Neb. 54.13 57.93 38,240 39,787 -3.9 1,805,428
115 Citizens Bancorp Investment Inc. Lafayette, Tenn. 54.18 57.21 10,519 10,275 2.4 575,399
116 Camden National Corp. Maine 54.20 53.90 39,864 39,238 1.6 2,346,716
117 Planters Holding Co. Indianola, Miss. 54.24 53.00 12,001 11,448 4.8 656,534
Citco Community Bancshares Inc. Elizabethton, Tenn. 54.24 60.38 12,056 12,117 -0.5 596,527
119 Longview Financial Corp. Texas 54.25 56.92 26,724 25,760 3.7 1,427,616
120 Citizens Bancshares of Batesville Inc. Ark. 54.32 64.90 11,427 11,677 -2.1 532,135
121 Orange County Bancorp Inc. Middletown, N.Y. 54.36 52.55 10,881 9,651 12.7 624,542
122 Brookline Bancorp Inc. Mass. 54.48 0.00 46,405 0 NA 3,157,094
123 First New Mexico Financial Corp. Deming 54.63 56.65 7,430 7,424 0.1 377,901
124 Nodaway Valley Bancshares Inc. Maryville, Mo. 54.87 58.01 14,011 13,936 0.5 738,797
125 First Financial Corp. Terre Haute, Ind. 54.88 57.28 56,648 57,355 -1.2 2,499,485
126 Centrabanc Corp. Waco, Texas 54.97 54.95 9,055 9,229 -1.9 583,881
127 Popular Inc. Hato Rey, Puerto Rico 55.16 46.56 839,000 981,000 -14.5 38,179,000
128 Park National Corp. Newark, Ohio 55.19 54.50 138,952 140,587 -1.2 7,099,688
129 The Bank of Kentucky Financial Corp. Crestview Hills 55.30 56.59 31,711 31,654 0.2 1,624,399
130 Security National Corp. Sioux City, S.D. 55.38 56.71 21,179 21,192 -0.1 1,089,570
131 Capital One Financial Corp. McLean, Va. 55.60 47.96 6,676,572 5,803,416 15.0 200,148,496
132 S&T Bancorp Inc. Indiana, Pa. 55.64 53.21 77,382 78,929 -2.0 4,091,970
133 SVB Financial Group Santa Clara, Calif. 55.73 65.95 365,919 306,927 19.2 19,196,666
134 Bank of the Ozarks Inc. Little Rock, Ark. 55.76 52.43 93,191 62,146 50.0 3,930,647
135 Hometown Community Bancorp Inc. Morton, Ill. 55.82 54.24 36,918 32,290 14.3 2,716,058
136 CBX Corp. Carrollton, Ill. 55.99 61.95 13,640 12,759 6.9 986,460
137 Eagle Bancorp Inc. Bethesda, Md. 56.01 61.17 44,843 37,271 20.3 3,221,896
138 Southside Bancshares Inc. Tyler, Texas 56.08 59.26 54,512 53,092 2.7 3,210,279
139 Westbrand Inc. Minot, N.D. 56.13 61.62 10,246 10,060 1.8 671,182
Provident Financial Services Inc. Jersey City 56.13 56.21 106,060 102,589 3.4 6,997,359
141 Pacific Premier Bancorp Inc. Costa Mesa, Calif. 56.20 67.78 19,051 12,669 50.4 928,502
142 S.Y. Bancorp Inc. Louisville, Ky. 56.40 57.04 45,326 43,144 5.1 1,988,724
143 F&M Bank Corp. Timberville, Va. 56.42 58.50 9,693 9,646 0.5 567,226
144 Citizens Bancshares Inc. Bluffton, Ohio 56.48 59.50 12,198 11,707 4.2 574,324
145 Merchants Bancorp Inc. Hillsboro, Ohio 56.54 55.20 10,626 10,199 4.2 572,274
146 Great Southern Bancorp Inc. Springfield, Mo. 56.56 58.12 67,752 65,083 4.1 3,432,632
147 CNB Financial Corp. Clearfield, Pa. 56.66 59.24 24,820 23,604 5.2 1,543,672
Dimeco Inc. Honesdale, Pa. 56.66 0.00 10,256 0 NA 569,956
149 IBT Holdings Corp. City of Industry, Calif. 56.70 69.65 7,696 8,417 -8.6 480,023
150 United Community Bancorp Inc. Chatham, Ill. 56.81 51.53 21,716 18,693 16.2 1,270,319
151 Texas Capital Bancshares Inc. Dallas 56.89 59.36 132,492 118,378 11.9 7,705,792
152 Starion Bancorp. Bismarck, N.D. 56.99 57.62 15,366 14,060 9.3 824,701
153 Pinnacle Bancorp Inc. Central City, Neb. 57.12 57.79 120,337 114,722 4.9 6,304,295
154 City Holding Co. Cross Lanes, W.Va. 57.28 53.14 62,117 59,021 5.2 2,685,330
155 Norwood Financial Corp., Honesdale, Pa. 57.32 51.74 11,416 9,463 20.6 679,281
156 American Bancorp. Inc. Sapulpa, Okla. 57.35 54.87 13,521 13,162 2.7 724,444
157 First Bancshares Inc. Merrillville, Ind. 57.37 55.36 45,775 44,423 3.0 2,100,502
158 Valley National Bancorp Wayne, N.J. 57.42 58.69 252,750 237,537 6.4 14,231,155
159 Summit Bancorp Inc. Arkadelphia, Ark. 57.44 57.71 20,372 19,532 4.3 1,116,453
160 Central Banco. Inc. Jefferson City, Mo. 57.50 59.14 215,656 213,774 0.9 9,986,124
161 First Community Financial Partners Inc. Joliet, Ill. 57.51 57.82 15,067 13,616 10.7 924,779
162 Plains Bancorp Inc. Dimmit, Texas 57.64 61.66 18,143 17,791 2.0 995,688
163 Choice Financial Holdings Inc. Grafton, N.D. 57.69 56.18 11,098 10,753 3.2 588,922
164 Neighbor Insurance Agency Inc. Marion, Iowa 57.74 59.16 12,838 13,077 -1.8 603,487
165 Southeastern Bank Financial Corp. Augusta, Ga. 57.91 63.20 29,428 30,215 -2.6 1,610,046
166 Southwest Bancorp Inc. Stillwater, Okla. 58.01 51.27 50,764 47,870 6.0 2,572,492
167 Reliable Community Bancshares Inc. Perryville, Mo. 58.12 42.64 18,187 15,446 17.7 857,189
168 Mid Illinois Bancorp Inc. Peoria 58.14 57.87 11,630 10,693 8.8 664,206
169 Hudson Valley Holding Corp. Yonkers, N.Y. 58.23 56.39 60,648 54,490 11.3 2,922,257
170 Diamond Bancorp Inc. Washington, Mo. 58.24 59.62 12,309 12,008 2.5 802,024
171 Albank Corp. Chicago 58.28 59.17 8,507 9,088 -6.4 527,811
172 Solvay Bank Corp. N.Y. 58.29 61.00 11,307 11,186 1.1 618,065
173 Paducah Bank Shares Inc. Ky. 58.34 0.00 12,503 0 NA 531,184
174 Heartland Bancorp Inc. Bloomington, Ill. 58.36 49.95 39,763 31,807 25.0 1,925,625
175 Independent Holdings Inc. Memphis, Tenn. 58.39 57.33 16,516 15,730 5.0 822,611
176 Coppermark Bancshares Inc. Oklahoma City 58.44 60.71 25,775 25,721 0.2 1,281,580
177 Wood and Huston Bancorp. Inc. Marshall, Mo. 58.49 57.40 10,572 10,599 -0.3 490,292
178 PrivateBancorp Inc. Chicago 58.55 59.98 208,691 211,848 -1.5 12,019,861
179 Integrity Bancshares Inc. Camp Hill, Pa. 58.57 0.00 10,244 0 NA 576,229
180 Southern Utah Bancorp. Cedar City 58.63 57.01 12,719 12,714 0.0 675,546
181 Florida Community Bankshares Inc. Ocala 58.66 59.65 9,179 8,955 2.5 563,455
182 ESB Bancorp MHC Easthampton, Mass. 58.67 59.54 14,918 14,282 4.5 934,408
183 1867 Western Financial Corp. Stockton, Calif. 58.73 62.01 43,473 44,396 -2.1 1,979,524
184 Commerce Bancshares Inc. Kansas City, Mo. 58.75 59.88 493,664 486,455 1.5 20,651,278
185 First Manitowoc Bancorp Inc. Wis. 58.78 55.04 16,087 15,318 5.0 880,161
186 State Bankshares Inc. Fargo, N.D. 58.82 72.70 77,578 57,606 34.7 2,110,257
187 One American Corp. Vacherie, La. 58.87 58.72 15,567 15,917 -2.2 696,084
188 WesBanco Inc. Wheeling, W.Va. 58.92 62.48 104,889 107,863 -2.8 5,505,237
Harleysville Savings Financial Corp. Pa. 58.92 61.12 9,946 9,616 3.4 841,462
190 Cardinal Financial Corp. McLean, Va. 59.06 59.33 49,353 42,550 16.0 2,554,482
191 Middlesex Bancorp MHC Natick, Mass. 59.07 60.84 59,953 61,686 -2.8 4,032,154
192 W.T.B. Financial Corp. Spokane, Wash. 59.14 57.10 77,397 78,578 -1.5 4,081,361
193 First Busey Corp. Champaign, Ill. 59.21 59.75 76,574 79,922 -4.2 3,392,885
194 First Farmers Bancshares Inc. Portland, Tenn. 59.25 0.00 11,978 0 NA 526,351
195 National Penn Bancshares Inc. Boyertown, Pa. 59.43 61.74 166,011 182,185 -8.9 8,611,641
196 Talmer Bancorp Inc. Troy, Mich. 59.44 0.00 83,286 0 NA 2,151,142
197 PNC Financial Services Group Inc. Pittsburgh 59.50 54.84 6,401,235 6,174,686 3.7 269,555,466
198 Peoples Bancorp. Inc. Easley, S.C. 59.51 70.73 13,514 12,384 9.1 545,856
199 Cullen/Frost Bankers Inc. San Antonio 59.52 59.41 409,385 396,727 3.2 19,550,495
Pacific City Financial Corp. Los Angeles 59.52 61.53 13,721 11,816 16.1 543,362

Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of Sept. 30, 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 companies current as of Sept. 30, 2011.

Source:

Financial Information Systems LLC

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