Most Efficient Bank Holding Companies

View Table
Printer Friendly Version
Most Efficient Bank Holding Companies

Most Efficient Bank Holding CompaniesYear to date through March 31. Dollars in thousands.
Published January 14, 2014

Rank   Efficiency Ratio* Noninterest Expenses 1Q 2013
Assets
2013 2012 2013 2012 Change
1 Briscoe Ranch Inc. Uvalde, Texas 12.20 6.44 $4,169 $4,502 -7.4% $1,292,068
2 Beal Financial Corp. Plano, Texas 19.50 21.16 41,066 40,759 0.8 9,416,897
3 Lauritzen Corp. Omaha, Neb. 24.40 41.41 16,867 15,008 12.4 1,727,512
4 Silver Queen Financial Services Inc. Greenwood Village, Colo. 28.02 34.50 2,313 1,671 38.4 1,837,886
5 NRBC Holding Corp. Chicago 31.85 24.79 4,608 3,880 18.8 1,111,292
6 ServisFirst Bancshares Inc. Birmingham, Ala. 35.59 36.96 10,466 8,981 16.5 2,861,758
7 United National Corp. Sioux Falls, S.D. 35.98 36.87 66,272 62,052 6.8 2,056,210
8 Clayton Bancorp Inc. Knoxville, Tenn. 36.17 34.29 5,369 4,995 7.5 1,014,249
9 Luther Burbank Corp. Santa Rosa, Calif. 36.53 26.68 10,122 8,555 18.3 3,630,722
10 Malaga Financial Corp. Palos Verdes Estates, Calif. 36.70 32.80 2,684 2,560 4.8 842,920
11 Oritani Financial Corp. Township of Washington, N.J. 37.57 37.55 9,850 9,005 9.4 2,812,676
12 First Security Bancorp Searcy, Ark. 37.94 40.85 30,413 31,875 -4.6 4,475,305
13 SBT Bancshares Inc. Dallas 38.11 33.47 2,131 1,814 17.5 474,763
14 Discover Financial Services Riverwoods, Ill. 38.18 37.83 763,028 688,445 10.8 76,139,250
15 Intervest Bancshares Corp. New York 39.45 46.99 4,125 5,412 -23.8 1,627,787
16 Villages Bancorp. Inc. The Villages, Fla. 39.70 33.27 4,985 4,568 9.1 1,584,964
17 Industry Bancshares Inc. Texas 40.11 36.41 8,773 7,611 15.3 2,272,635
18 Capitol Bancorp. Inc. Britton, S.D. 40.74 45.58 8,129 8,577 -5.2 743,922
19 Stearns Financial Services Inc. St. Cloud, Minn. 41.01 52.34 10,971 11,064 -0.8 1,582,962
20 Prosperity Bancshares Inc. Houston 41.49 41.64 55,229 40,116 37.7 15,085,425
21 BOFI Holdings Inc. San Diego 41.55 36.03 13,774 9,218 49.4 2,961,663
22 Blackhawk Bancorp. Inc. Milan, Ill. 42.05 47.66 4,356 4,892 -11.0 1,129,295
23 Washington Federal Inc. Seattle 42.74 33.42 40,272 35,708 12.8 13,115,833
24 Oriental Financial Group Inc. San Juan, Puerto Rico 43.59 62.34 64,562 28,471 126.8 8,702,551
25 Lakeside Bancorp Inc. Chicago 43.76 50.04 5,145 5,652 -9.0 1,106,117
26 Waupaca Bancorp. Inc. Wis. 44.09 47.24 4,327 4,170 3.8 825,865
27 Parke Bancorp Inc. Swell, N.J. 44.69 39.31 3,728 3,508 6.3 757,099
28 Hudson City Bancorp Inc. Paramus, N.J. 45.16 38.66 81,252 91,598 -11.3 40,283,892
29 Sterling Bancorp Inc. Southfield, Mich. 45.27 54.03 4,435 4,572 -3.0 892,982
30 Manhattan Banking Corp. Kan. 45.37 43.73 5,803 4,555 27.4 950,401
31 County Bancorp Inc. Manitowoc, Wis. 45.72 50.16 3,837 3,493 9.8 744,191
32 Capitol Federal Financial Inc. Topeka, Kan. 46.08 40.19 23,213 21,383 8.6 9,393,718
33 Charter Bankshares Inc. Eau Claire, Wis. 46.17 43.56 3,932 3,766 4.4 715,650
34 Heritage Group Inc. Wood River, Neb. 46.41 47.18 2,184 2,698 -19.1 599,435
35 Olney Bancshares of Texas Inc.. 46.46 44.59 10,613 9,332 13.7 2,108,572
36 IMB Holdco LLC Pasadena, Calif. 46.49 47.36 136,818 160,878 -15.0 25,416,957
37 National Bankshares Inc. Blacksburg, Va. 46.72 44.63 6,183 5,963 3.7 1,098,503
38 Bank of the Ozarks Inc. Little Rock, Ark. 46.87 47.73 29,231 28,607 2.2 3,951,818
39 New York Community Bancorp Inc. Westbury 47.21 42.92 156,295 150,004 4.2 44,511,718
40 Home BancShares Inc. Conway, Ark. 47.32 50.86 25,682 24,161 6.3 4,225,507
41 BankUnited Inc. Miami Lakes, Fla. 47.39 48.13 82,540 79,171 4.3 12,745,930
42 Ambank Co. Inc. Sioux Center, Iowa 47.51 45.34 4,744 4,472 6.1 906,071
43 East West Bancorp Inc. Pasadena, Calif. 47.52 46.93 96,412 109,415 -11.9 23,102,005
44 Fremont Bancorp. Calif. 47.55 63.64 33,718 29,380 14.8 2,499,449
45 Dime Community Bancshares Inc. New York 47.63 45.95 16,181 16,120 0.4 3,982,325
46 Ames National Corp. Iowa 47.67 47.31 5,165 4,807 7.4 1,254,530
47 BBCN Bancorp Inc. Los Angeles 47.72 42.35 33,152 30,306 9.4 5,833,597
48 Amarillo National Bancorp Inc. Texas 47.84 51.51 19,900 19,149 3.9 3,444,722
49 Eagle Bancorp Inc. Bethesda, Md. 48.35 53.49 20,697 18,610 11.2 3,326,066
50 Center Bancorp Inc. Union, N.J. 48.52 49.30 6,538 5,807 12.6 1,609,795
51 Apple Financial Holdings Inc. New York 48.56 38.75 21,506 21,472 0.2 9,356,564
52 First Financial Bankshares Inc. Abilene, Texas 48.88 48.39 27,471 26,468 3.8 4,455,980
53 First Paragould Bankshares Inc. Ark. 48.89 45.45 3,981 3,687 8.0 729,363
54 Stockman Financial Corp. Miles City, Mont. 48.95 49.15 12,281 10,619 15.7 2,414,760
55 Northern Bancorp Inc. Woburn, Mass. 49.11 50.84 5,083 4,391 15.8 891,127
56 First Bancorp Inc. Lebanon, Va. 49.12 50.95 7,970 7,499 6.3 1,277,379
57 ConnectOne Bancorp Inc. Englewood Cliffs, N.J. 49.17 51.91 4,741 4,146 14.4 1,005,771
58 Pedcor Capital LLC Carmel, Ind. 49.31 90.48 5,373 4,085 31.5 288,119
59 First Bemidji Holding Co. Minn. 49.91 44.99 2,746 2,496 10.0 577,648
60 First Farmers Financial Corp. Converse, Ind. 49.99 51.41 7,164 6,021 19.0 1,132,359
61 Magnolia Banking Corp. Ark. 50.05 52.70 4,472 4,187 6.8 777,709
62 Citizens Financial Services Inc. Mansfield, Pa. 50.09 48.55 4,835 4,855 -0.4 882,950
63 CVB Financial Corp. Ontario, Calif. 50.19 45.55 30,712 29,962 2.5 6,265,767
64 Putnam Bancshares Inc. Hurricane, W.Va. 50.21 90.56 1,937 3,482 -44.4 616,367
65 First-West Texas Bancshares Inc. Midland 50.26 60.06 3,973 4,106 -3.2 873,670
66 Westamerica Bancorp. San Rafael, Calif. 50.30 47.40 29,509 32,604 -9.5 4,889,070
67 Wilshire Bancorp Inc. Los Angeles 50.41 48.18 17,458 15,169 15.1 2,756,415
68 WNB Bancshares Inc. Odessa, Texas 50.46 55.11 6,134 5,982 2.5 1,397,082
69 Investors Bancorp MHC Millburn, N.J. 50.47 55.48 56,237 54,414 3.4 12,890,433
70 The Bank of Southside Virginia Corp. Carson 50.55 49.86 3,335 3,468 -3.8 575,748
71 Westbrand Inc. Minot, N.D. 50.66 52.78 3,600 3,415 5.4 811,768
72 Texas Capital Bancshares Inc. Dallas 50.85 52.62 55,617 49,896 11.5 10,020,871
73 Fidelity Holding Co. Minnetonka, Minn. 50.90 56.99 2,055 2,152 -4.5 407,767
74 U.S. Bancorp Minneapolis 50.98 52.03 2,486,000 2,570,000 -3.3 355,447,000
75 Lakeland Financial Corp. Warsaw, Ind. 51.02 50.11 14,890 14,677 1.5 2,930,488
76 Midland Financial Co. Oklahoma City 51.16 58.79 74,867 72,544 3.2 10,441,287
77 Cashmere Valley Financial Corp. Cashmere, Wash. 51.18 48.84 5,779 5,503 5.0 1,267,544
78 Choice Financial Holdings Inc. Grafton, N.D. 51.31 44.80 3,908 3,546 10.2 648,056
79 FCT Bancshares Inc. Waco, Texas 51.32 48.57 3,339 3,127 6.8 701,138
80 First Financial Banc Corp. El Dorado, Ark. 51.52 52.14 7,405 6,902 7.3 839,941
  Ida Grove Bancshares Inc. Iowa 51.52 48.77 5,758 5,391 6.8 1,240,376
82 Enterprise Financial Services Corp Clayton, Mo. 51.74 62.88 20,513 21,361 -4.0 3,123,961
83 Traditional Bancorp. Inc. Mount Sterling, Ky. 51.79 50.53 5,861 5,661 3.5 1,083,743
84 Norwood Financial Corp., Honesdale, Pa. 51.92 54.87 4,212 4,029 4.5 680,753
85 First National Bancshares Inc. East Lansing, Mich. 51.97 60.91 5,862 5,654 3.7 623,650
86 NEB Corp. Fond du Lac, Wis. 52.18 50.94 8,195 8,402 -2.5 1,642,154
87 First Bank Corp Fort Smith, Ark. 52.45 52.90 11,056 11,028 0.3 1,567,430
88 John Deere Capital Corp. Reno, Nev. 52.53 0.00 173,407 0 NA 29,028,299
89 First Manitowoc Bancorp Inc. Wis. 52.57 47.57 5,614 5,036 11.5 971,619
90 Dimeco Inc. Honesdale, Pa. 52.61 55.46 3,624 3,500 3.5 601,521
91 AFNB Holdings Inc. Houston 52.80 44.21 5,780 6,449 -10.4 884,658
92 Hometown Banc Corp Grand Island, Neb. 52.84 45.64 5,296 4,590 15.4 1,108,745
93 Cache Valley Banking Co. Logan, Utah 52.87 0.00 3,949 0 NA 521,724
94 The First of Long Island Corp. Glen Head, N.Y. 52.94 50.14 9,780 9,174 6.6 2,140,671
95 Peoples Financial Services Corp. Hallstead, Pa. 53.07 47.39 3,867 3,336 15.9 677,782
96 Barclays Delaware Holdings LLC Wilmington 53.08 49.69 225,391 189,731 18.8 19,610,828
97 Independence Bancshares Inc. Owensboro, Ky. 53.64 51.38 7,496 6,914 8.4 1,262,647
98 T. Rowe Price Group Inc. Baltimore 53.85 56.22 442,884 412,525 7.4 4,610,593
99 Heartland Bancorp Inc. Bloomington, Ill. 53.90 50.26 20,309 13,097 55.1 2,954,817
100 First Citizens Bancshares Inc. Dyersburg, Tenn. 53.94 60.86 8,101 7,628 6.2 1,181,378
  Hills Bancorp. Iowa 53.94 50.92 12,022 11,626 3.4 2,117,057
102 Hometown Community Bancorp Inc. Morton, Ill. 53.96 60.39 12,048 13,180 -8.6 2,754,618
103 West Bancorp. Inc. West Des Moines, Iowa 53.98 52.41 7,243 6,858 5.6 1,436,722
104 Southern Missouri Bancorp Inc. Poplar Bluff 54.08 59.05 4,498 5,034 -10.6 793,534
105 1st Summit Bancorp of Johnstown Inc. Pa. 54.30 51.77 4,004 3,826 4.7 827,242
106 Nodaway Valley Bancshares Inc. Maryville, Mo. 54.34 56.94 4,737 4,768 -0.7 817,313
107 Santander Holdings USA Inc. Boston 54.39 52.20 410,858 398,336 3.1 82,733,574
108 Citizens Bankshares Inc. Farmington, N.M. 54.41 56.28 3,951 4,108 -3.8 725,083
109 First Illinois Bancorp Inc. East St. Louis 54.46 48.69 2,894 2,902 -0.3 537,037
110 Penns Wood Bancorp Inc. Jersey Shore, Pa. 54.73 51.20 5,851 5,464 7.1 852,997
111 United Bankshares Inc. Charleston, W.Va. 54.84 55.99 47,527 48,538 -2.1 8,313,828
112 First Community Holdings Santa Rosa, Calif. 54.89 90.80 3,436 3,769 -8.8 649,508
113 National Consumer Cooperative Bank Washington, D.C. 55.04 76.52 17,523 15,846 10.6 1,760,218
114 Hanmi Financial Corp. Los Angeles 55.20 64.74 18,571 18,130 2.4 2,792,396
115 Integrity Bancshares Inc. Camp Hill, Pa. 55.24 61.94 3,713 3,927 -5.4 655,370
116 Farmers Bancorp Inc. Blytheville, Ark. 55.35 68.95 2,784 3,322 -16.2 407,561
117 Glacier Bancorp Inc. Kalispell, Mont. 55.36 55.81 42,715 42,762 -0.1 7,609,237
118 Bar Harbor Bankshares Maine 55.45 53.43 6,308 5,786 9.0 1,307,252
119 First Keystone Corp. Berwick, Pa. 55.54 51.88 4,729 4,585 3.1 814,687
120 FirstBank Holding Co. Lakewood, Colo. 55.55 50.23 73,716 70,372 4.8 13,078,898
121 Crews Banking Corp. Wauchula, Fla. 55.64 53.43 7,920 7,826 1.2 1,214,418
122 Pulaski Financial Corp. St. Louis 55.71 50.11 9,077 7,785 16.6 1,350,635
123 Capital One Financial Corp. McLean, Va. 55.83 59.61 3,156,588 2,486,680 26.9 300,293,699
124 CB&T Holding Corp. New Orleans 55.89 59.64 15,446 13,291 16.2 819,014
125 American National Bankshares Inc. Danville, Va. 55.94 59.01 8,262 10,170 -18.8 1,294,063
126 Planters Holding Co. Indianola, Miss. 55.95 52.71 4,085 3,865 5.7 765,373
127 Bank of Marin Bancorp Novato, Calif. 56.14 53.94 9,695 9,835 -1.4 1,427,022
128 Rockhold Bancorp Kirksville, Mo. 56.16 70.36 1,518 1,799 -15.6 539,500
129 Marlin Business Services Corp. Mount Laurel, N.J. 56.17 73.68 10,459 10,605 -1.4 647,359
130 SNBNY Holdings Ltd. New York 56.21 50.06 19,958 18,109 10.2 5,858,036
131 American Central Bancorp. Inc. Mount Zion, Ill. 56.23 56.69 4,440 4,514 -1.6 688,292
132 CBX Corp. Carrollton, Ill. 56.32 53.24 5,317 4,882 8.9 1,106,926
133 Western Alliance Bancorp. Phoenix 56.36 59.44 46,441 44,190 5.1 8,174,104
134 Whitcorp Financial Co. Garden City, Kan. 56.37 53.71 3,791 3,747 1.2 703,676
135 Amboy Bancorp. Old Bridge, N.J. 56.40 48.57 12,838 11,399 12.6 2,180,919
136 Pacific City Financial Corp. Los Angeles 56.48 60.13 4,903 4,256 15.2 652,511
137 Signature Bancorp Inc. Toledo, Ohio 56.61 55.33 2,975 2,860 4.0 580,132
138 First Bancorp Inc. Damariscotta, Maine 56.66 50.41 7,339 6,136 19.6 1,410,815
139 Foresight Financial Group Inc. Rockford, Ill. 56.69 51.70 5,319 5,079 4.7 888,929
140 ESB Financial Corp. Ellwood City, Pa. 56.78 58.11 7,268 7,693 -5.5 1,913,351
  Farmers & Merchants Bancorp Lodi, Calif. 56.78 53.33 12,949 12,127 6.8 1,971,277
142 S.Y. Bancorp Inc. Louisville, Ky. 56.82 51.91 16,265 15,330 6.1 2,121,734
143 M&T Bank Corp. Buffalo, N.Y. 56.85 62.37 618,643 622,577 -0.6 82,811,957
144 Merchants Bancorp Inc. Hillsboro, Ohio 56.90 54.19 3,540 3,430 3.2 572,831
145 Liberty Bancshares Inc. Springfield, Mo. 57.02 48.41 8,591 7,036 22.1 1,075,115
146 Liberty Bancshares Inc Jonesboro, Ark. 57.07 57.33 17,073 16,676 2.4 2,853,120
147 Provident Financial Services Inc. Jersey City, N.J. 57.08 55.10 36,848 36,677 0.5 7,186,775
148 Summit Bancorp Inc. Arkadelphia, Ark. 57.15 57.35 7,226 7,091 1.9 1,199,296
149 Cathay General Bancorp El Monte, Calif. 57.30 52.19 51,277 44,223 16.0 10,520,715
150 Central Banco. Inc. Jefferson City, Mo. 57.37 56.49 72,861 72,254 0.8 10,577,894
151 PrivateBancorp Inc. Chicago 57.56 58.98 74,182 75,080 -1.2 13,372,230
  Trustco Bank Corp NY Glenville 57.56 55.44 22,708 20,943 8.4 4,410,098
153 Customers Bancorp Inc. Wyomissing, Pa. 57.59 62.82 16,564 10,685 55.0 3,458,624
  Planters Financial Group Inc. Hopkinsville, Tenn. 57.59 51.07 4,536 3,304 37.3 748,652
155 Southern Utah Bancorp. Cedar City 57.62 59.02 4,370 4,232 3.3 728,729
156 Honat Bancorp Inc. Honesdale, Pa. 57.64 48.36 3,745 3,503 6.9 571,057
  Inwood Bancshares Inc. Dallas 57.64 55.72 7,967 7,163 11.2 1,495,929
158 Community Trust Bancorp Inc. Pikeville, Ky. 57.72 57.70 26,299 25,750 2.1 3,672,095
159 F&M Bank Corp. Timberville, Va. 57.75 56.12 3,603 3,251 10.8 566,494
160 Southeastern Bank Financial Corp. Augusta, Ga. 57.89 60.56 10,292 10,265 0.3 1,718,757
161 CNB Financial Corp. Clearfield, Pa. 57.91 56.94 9,682 8,925 8.5 1,809,871
162 People's Utah Bancorp American Fork 58.04 58.99 8,448 7,373 14.6 949,171
163 BOH Holdings Inc. Houston 58.15 65.92 5,353 5,010 6.8 887,241
164 BCB Bancorp Inc. Bayonne, N.J. 58.17 72.92 7,056 8,265 -14.6 1,158,190
165 Bank of Commerce Holdings Redding, Calif. 58.20 77.36 5,479 14,367 -61.9 978,515
166 Florida Community Bankshares Inc. Ocala 58.39 55.00 3,381 3,014 12.2 585,679
167 First Bancorp. Of Durango Inc. Inverness, Ill. 58.42 59.70 3,688 3,602 2.4 574,589
168 Wells Fargo & Co. San Francisco 58.56 59.62 12,527,000 12,974,000 -3.4 1,436,634,000
169 Security Star Bancshares Inc. Odessa, Texas 58.57 59.83 6,355 5,611 13.3 780,303
170 First Business Financial Services Inc. Madison, Wis. 58.61 62.96 7,312 6,860 6.6 1,220,287
171 Pinnacle Financial Partners Inc. Nashville, Tenn. 58.64 68.47 31,719 31,151 1.8 5,070,935
172 TF Financial Corp. Newtown, Pa. 58.65 69.99 4,850 4,905 -1.1 718,354
173 Solvay Bank Corp. N.Y. 58.69 59.85 3,750 3,871 -3.1 651,794
174 Watford City Bancshares Inc. N.D. 58.76 67.11 10,632 9,716 9.4 1,346,093
175 The Bancorp Inc. Wilmington, Del. 58.79 63.63 25,038 20,750 20.7 4,132,095
176 Horizon Bancorp Michigan City, Ind. 58.81 58.69 13,979 11,160 25.3 1,734,250
177 First Bancorp Troy, N.C. 58.92 65.23 23,204 24,392 -4.9 3,282,323
178 Great Southern Bancorp Inc. Springfield, Mo. 58.95 58.54 26,955 27,243 -1.1 4,039,064
179 Central Community Corp. Temple, Texas 59.00 69.50 7,444 8,395 -11.3 1,211,897
180 BB&T Corp. Winston-Salem, N.C. 59.01 58.24 1,434,706 1,335,842 7.4 180,836,757
181 Machias Bancorp MHC Maine 59.07 66.24 6,854 7,104 -3.5 967,350
182 Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 59.15 58.13 4,042 3,677 9.9 667,816
183 Midwest Banc Holding Co. Pierce, Neb. 59.21 57.02 3,356 3,100 8.3 563,640
184 National Americas Holdings LLC New York 59.34 54.42 53,447 48,887 9.3 8,874,942
185 Santander BanCorp San Juan, Puerto Rico 59.36 57.65 76,650 68,797 11.4 7,332,712
186 Bancshares of Jackson Hole Inc. Jackson, Wyo. 59.43 57.08 3,705 3,705 0.0 603,682
187 Pinnacle Bancorp Inc. Central City, Neb. 59.51 56.72 45,822 41,298 11.0 7,296,189
188 American National Corp. Omaha, Neb. 59.56 58.15 17,204 14,221 21.0 2,493,296
  Centrabanc Corp. Waco, Texas 59.56 54.95 3,298 3,161 4.3 654,025
  PNC Financial Services Group Inc. Pittsburgh 59.56 65.46 2,369,795 2,435,545 -2.7 300,945,933
191 Leackco Bank Holding Co. Inc. Wolsey, S.D. 59.63 0.00 3,420 0 NA 571,742
192 Carroll County Bancshares Inc. Carroll, Iowa 59.69 60.07 3,762 3,703 1.6 687,484
193 Commerce Bancshares Corp. Worchester, Mass. 59.70 66.08 10,062 8,664 16.1 1,871,660
194 Trust No. 3 Under the Will of Charles Henderson Troy, Ala. 59.72 57.44 4,797 4,507 6.4 876,624
195 MSB Mutual Holding Co. Wall Township, N.J. 59.77 61.77 4,022 3,367 19.5 837,361
196 Merchants & Marine Bancorp Inc. Pascagoula, Miss. 59.83 71.48 3,973 4,661 -14.8 624,074
197 Viewpoint Financial Group Inc. Plano, Texas 59.91 59.04 20,851 18,445 13.0 3,374,235
198 Ohnward Bancshares Inc. Maquoketa, Iowa 59.93 59.44 5,611 5,379 4.3 928,282
199 Platte Valley Financial Service Cos. Inc. Scottsbluff, Neb. 59.94 57.00 5,722 5,255 8.9 722,440
200 MidWestOne Financial Group Inc. Iowa City, Iowa 60.02 59.33 11,105 10,907 1.8 1,785,645


Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of March 31, 2013, 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.

Source:

Financial Information Systems LLC

© 2014 American Banker