Most Efficient Bank Holding Companies

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Most Efficient Bank Holding Companies

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

Rank   Efficiency Ratio* Noninterest Expenses 4Q 2012
Assets
2012 2011 2012 2011 Change
1 Briscoe Ranch Inc. Uvalde, Texas 5.41 9.23 $29,569 $20,715 42.7% $1,248,346
2 Beal Financial Corp. Plano, Texas 26.81 NA 206,818 NA NA 9,259,492
3 Luther Burbank Corp. Santa Rosa, Calif. 29.71 NA 36,025 NA NA 3,657,054
4 Villages Bancorp. Inc. The Villages, Fla. 32.04 42.10 17,892 19,815 -9.7 1,511,987
5 SBT Bancshares Inc. Dallas 34.01 42.91 8,589 11,876 -27.7 461,586
6 Malaga Financial Corp. Palos Verdes Estates, Calif. 34.48 NA 10,517 NA NA 851,090
7 NRBC Holding Corp. Chicago 34.69 31.20 19,248 17,089 12.6 1,203,088
8 Oritani Financial Corp. Township of Washington, N.J. 37.55 NA 37,060 NA NA 2,809,260
9 BOFI Holdings Inc. San Diego 37.61 NA 43,046 NA NA 2,874,322
10 United National Corp. Sioux Falls, S.D. 38.48 40.24 260,252 259,023 0.5 2,058,751
11 ServisFirst Bancshares Inc. Birmingham, Ala. 39.71 45.17 40,915 37,458 9.2 2,906,314
12 Clayton Bancorp Inc. Knoxville, Tenn. 39.96 44.10 22,396 18,372 21.9 1,008,241
13 Silver Queen Financial Services Inc. Greenwood Village, Colo. 39.99 NA 7,865 NA NA 1,835,386
14 First Security Bancorp Searcy, Ark. 40.16 41.45 126,874 124,029 2.3 4,465,096
15 Discover Financial Services Riverwoods, Ill. 40.39 36.64 3,128,664 2,626,600 19.1 73,491,315
16 Hudson City Bancorp Inc. Paramus, N.J. 41.21 NA 356,604 NA NA 40,596,341
17 Capitol Bancorp. Inc. Britton, S.D. 42.06 41.34 33,112 30,566 8.3 755,880
18 New York Community Bancorp Inc. Westbury 42.12 41.71 612,983 599,123 2.3 44,149,466
19 Manhattan Banking Corp. Kan. 42.32 44.03 19,471 15,811 23.1 963,265
20 Blackhawk Bancorp. Inc. Milan, Ill. 42.71 48.54 19,552 18,310 6.8 1,120,558
21 Prosperity Bancshares Inc. Houston 43.09 42.11 196,790 162,321 21.2 14,601,394
22 Industry Bancshares Inc. Texas 43.12 40.66 35,861 30,755 16.6 2,188,750
23 Parke Bancorp Inc. Swell, N.J. 43.27 34.19 14,958 12,625 18.5 770,477
24 BBCN Bancorp Inc. Los Angeles 43.50 54.12 119,941 81,881 46.5 5,640,661
25 WNB Bancshares Inc. Odessa, Texas 43.68 54.19 25,558 23,702 7.8 1,396,641
26 Stearns Financial Services Inc. St. Cloud, Minn. 43.73 49.57 45,705 42,253 8.2 1,583,584
27 Heritage Group Inc. Wood River, Neb. 43.84 44.62 9,549 9,703 -1.6 577,390
28 Capitol Federal Financial Inc. Topeka, Kan. 44.00 NA 90,977 NA NA 9,238,786
29 Olney Bancshares of Texas Inc.. 44.03 49.76 37,466 38,061 -1.6 1,881,443
30 Charter Bankshares Inc. Eau Claire, Wis. 44.32 43.71 15,484 15,243 1.6 740,764
31 National Bankshares Inc. Blacksburg, Va. 44.55 43.20 24,429 22,851 6.9 1,104,361
32 Hometown Banc Corp Grand Island, Neb. 44.76 49.53 20,386 18,640 9.4 1,105,867
33 East West Bancorp Inc. Pasadena, Calif. 45.19 46.38 405,542 405,106 0.1 22,536,282
34 Cache Valley Banking Co. Logan, Utah 45.63 NA 15,143 NA NA 523,874
35 Apple Financial Holdings Inc. New York 45.89 56.16 88,632 84,973 4.3 9,806,947
  Lakeside Bancorp Inc. Chicago 45.89 53.83 20,542 20,616 -0.4 1,104,556
37 Northern Bancorp Inc. Woburn, Mass. 46.48 37.06 17,860 15,459 15.5 893,778
38 Republic Bancorp Inc. Louisville, Ky. 46.90 43.30 126,745 122,321 3.6 3,394,399
39 Bank of the Ozarks Inc. Little Rock, Ark. 47.13 53.70 114,461 122,531 -6.6 3,896,400
40 Westamerica Bancorp. San Rafael, Calif. 47.20 46.52 122,803 130,569 -5.9 4,954,512
41 State Bank Financial Corp. Atlanta 47.28 39.18 89,909 88,645 1.4 2,684,806
42 Ambank Co. Inc. Sioux Center, Iowa 47.34 48.10 18,562 18,113 2.5 882,261
43 First Paragould Bankshares Inc. Ark. 47.53 46.87 16,539 15,795 4.7 708,723
44 Waupaca Bancorp. Inc. Wis. 47.81 48.12 17,979 16,855 6.7 806,851
45 Citizens Financial Services Inc. Mansfield, Pa. 47.93 48.43 19,473 18,373 6.0 882,427
46 Ames National Corp. Iowa 48.00 46.74 20,501 18,865 8.7 1,217,692
  Ida Grove Bancshares Inc. Iowa 48.00 46.10 22,104 21,034 5.1 1,217,358
48 AFNB Holdings Inc. Houston 48.21 59.03 25,214 22,058 14.3 887,983
49 First Bemidji Holding Co. Minn. 48.24 45.43 10,798 10,464 3.2 601,175
50 First Illinois Bancorp Inc. East St. Louis 48.49 48.02 11,572 12,178 -5.0 566,107
51 Amarillo National Bancorp Inc. Texas 48.68 50.83 76,086 73,733 3.2 3,618,347
52 First Financial Bankshares Inc. Abilene, Texas 48.73 48.48 109,048 104,623 4.2 4,502,012
  Lauritzen Corp. Omaha, Neb. 48.73 52.47 69,744 72,197 -3.4 1,715,812
54 County Bancorp Inc. Manitowoc, Wis. 48.76 46.67 15,506 12,746 21.7 755,135
55 The Bank of Southside Virginia Corp. Carson 48.91 46.46 13,920 13,998 -0.6 573,446
56 ConnectOne Bancorp Inc. Englewood Cliffs, N.J. 49.11 52.86 17,489 15,056 16.2 929,261
57 Magnolia Banking Corp. Ark. 49.21 51.53 16,666 16,621 0.3 768,170
58 Heartland Bancorp Inc. Bloomington, Ill. 49.55 61.33 58,521 56,498 3.6 2,936,343
59 First-West Texas Bancshares Inc. Midland 49.56 65.97 15,663 16,845 -7.0 868,435
60 Investors Bancorp MHC Millburn, N.J. 49.63 43.62 206,534 155,443 32.9 12,764,154
61 John Deere Capital Corp. Reno, Nev. 49.67 NA 612,858 NA NA 27,844,699
62 BankUnited Inc. Miami Lakes, Fla. 49.68 NA 340,187 NA NA 12,375,953
63 Lakeland Financial Corp. Warsaw, Ind. 49.76 47.30 57,724 55,088 4.8 3,066,610
64 Flushing Financial Corp. N.Y. 49.97 NA 80,447 NA NA 4,451,416
65 SNBNY Holdings Ltd. New York 50.13 62.96 80,453 77,038 4.4 5,656,567
66 Home BancShares Inc. Conway, Ark. 50.26 51.10 101,527 94,111 7.9 4,242,130
67 First Financial Banc Corp. El Dorado, Ark. 50.39 51.51 29,032 26,636 9.0 821,844
68 Liberty Bancshares Inc. Springfield, Mo. 50.54 48.27 29,201 26,267 11.2 1,064,618
69 Inwood Bancshares Inc. Dallas 50.56 54.07 28,232 27,221 3.7 1,520,107
70 Center Bancorp Inc. Union, N.J. 50.71 52.72 25,197 23,443 7.5 1,629,765
71 NEB Corp. Fond du Lac, Wis. 50.80 54.52 33,485 33,706 -0.7 1,591,628
72 First Bancorp Inc. Lebanon, Va. 50.83 51.09 30,779 29,092 5.8 1,277,677
73 Eagle Bancorp Inc. Bethesda, Md. 50.87 55.74 76,958 63,114 21.9 3,411,827
74 Stockman Financial Corp. Miles City, Mont. 50.98 55.33 49,471 46,289 6.9 2,388,045
75 Cardinal Financial Corp. McLean, Va. 51.08 57.55 79,317 64,465 23.0 3,039,187
76 Intervest Bancshares Corp. New York 51.17 45.86 24,218 22,004 10.1 1,665,792
77 First Bancorp Inc. Damariscotta, Maine 51.19 49.92 26,274 26,044 0.9 1,409,330
78 Penns Wood Bancorp Inc. Jersey Shore, Pa. 51.32 50.62 22,023 19,964 10.3 856,535
79 U.S. Bancorp Minneapolis 51.55 51.65 10,478,000 9,856,000 6.3 353,855,000
80 Southern Missouri Bancorp Inc. Poplar Bluff 51.71 48.03 17,747 15,905 11.6 770,838
  Texas Capital Bancshares Inc. Dallas 51.71 55.25 213,844 181,840 17.6 10,540,873
82 Traditional Bancorp. Inc. Mount Sterling, Ky. 51.80 51.20 23,414 22,353 4.7 1,078,856
83 Foresight Financial Group Inc. Rockford, Ill. 51.99 54.97 20,326 21,422 -5.1 883,791
84 Choice Financial Holdings Inc. Grafton, N.D. 52.14 56.59 16,088 15,497 3.8 667,894
85 Planters Financial Group Inc. Hopkinsville, Tenn. 52.19 50.94 14,013 12,958 8.1 730,332
86 Citizens and Northern Corp. Wellsboro, Pa. 52.23 49.40 35,181 32,057 9.7 1,286,907
87 Cashmere Valley Financial Corp. Cashmere, Wash. 52.27 54.01 23,479 24,230 -3.1 1,238,687
88 Merchants Bancorp Inc. Hillsboro, Ohio 52.31 54.68 13,563 13,557 0.0 562,955
89 West Bancorp. Inc. West Des Moines, Iowa 52.46 52.45 27,499 26,337 4.4 1,448,175
90 United Community Bancorp Inc. Chatham, Ill. 52.49 53.03 29,328 27,427 6.9 1,280,824
91 CVB Financial Corp. Ontario, Calif. 52.64 50.16 136,997 139,304 -1.7 6,363,364
92 Fidelity Holding Co. Minnetonka, Minn. 52.70 59.82 8,776 7,928 10.7 522,944
93 WestStar Bank Holding Co. Inc. El Paso, Texas 52.71 49.49 24,920 23,356 6.7 1,051,488
94 FCT Bancshares Inc. Waco, Texas 52.90 NA 13,425 NA NA 685,944
95 Barclays Delaware Holdings LLC Wilmington 53.00 49.79 849,519 708,117 20.0 18,981,340
96 Independence Bancshares Inc. Owensboro, Ky. 53.04 52.03 29,147 26,503 10.0 1,252,963
97 Dimeco Inc. Honesdale, Pa. 53.05 56.09 14,165 13,358 6.0 603,605
98 FirstBank Holding Co. Lakewood, Colo. 53.06 48.49 286,655 278,380 3.0 12,874,974
99 Honat Bancorp Inc. Honesdale, Pa. 53.10 53.92 14,287 14,007 2.0 580,179
100 1st Summit Bancorp of Johnstown Inc. Pa. 53.19 53.50 15,638 14,972 4.4 819,210
101 Peoples Financial Services Corp. Hallstead, Pa. 53.28 53.27 14,563 15,577 -6.5 671,523
102 Crews Banking Corp. Wauchula, Fla. 53.41 52.92 31,434 30,228 4.0 1,173,854
103 Cathay General Bancorp El Monte, Calif. 53.42 53.11 183,454 181,506 1.1 10,694,089
104 Great Southern Bancorp Inc. Springfield, Mo. 53.45 56.40 115,533 96,872 19.3 3,957,635
105 First Bank Corp Fort Smith, Ark. 53.54 52.55 45,533 45,176 0.8 1,577,533
106 Norwood Financial Corp., Honesdale, Pa. 53.60 56.05 16,121 15,239 5.8 672,299
107 Planters Holding Co. Indianola, Miss. 53.65 55.44 16,268 16,414 -0.9 723,395
108 Farmers & Merchants Bancorp Lodi, Calif. 53.84 49.87 48,138 43,489 10.7 1,974,727
  Pulaski Financial Corp. St. Louis 53.84 NA 33,396 NA NA 1,382,295
110 F&M Bank Corp. Timberville, Va. 53.88 55.42 13,362 12,890 3.7 596,904
111 Bank of Marin Bancorp Novato, Calif. 54.04 53.91 38,694 38,283 1.1 1,434,749
112 Bank of Commerce Holdings Redding, Calif. 54.18 68.20 20,244 40,891 -50.5 979,424
113 T. Rowe Price Group Inc. Baltimore 54.22 NA 1,658,071 NA NA 4,202,776
114 Virginia Commerce Bancorp Inc. Arlington 54.37 51.17 64,239 59,715 7.6 2,823,817
115 Customers Bancorp Inc. Wyomissing, Pa. 54.39 74.69 51,853 37,255 39.2 3,201,234
116 Westbrand Inc. Minot, N.D. 54.48 56.72 14,338 14,185 1.1 832,412
117 Pacific City Financial Corp. Los Angeles 54.49 60.26 18,329 18,306 0.1 610,840
118 First Farmers Financial Corp. Converse, Ind. 54.58 52.00 27,772 22,237 24.9 1,166,938
119 First Manitowoc Bancorp Inc. Wis. 54.71 61.21 22,509 21,692 3.8 1,020,426
120 CNB Financial Corp. Clearfield, Pa. 54.76 55.96 35,819 33,301 7.6 1,773,124
121 Trustco Bank Corp NY Glenville 54.82 NA 85,543 NA NA 4,347,548
122 CBX Corp. Carrollton, Ill. 54.85 54.00 20,664 18,313 12.8 1,093,760
123 JJR Holding Co. Inc. Brick, N.J. 55.06 41.84 16,958 13,017 30.3 562,111
  Longview Financial Corp. Texas 55.06 54.50 37,995 35,976 5.6 1,731,697
125 Centrabanc Corp. Waco, Texas 55.71 56.84 12,850 12,558 2.3 664,162
  Sterling Bancorp Inc. Southfield, Mich. 55.71 NA 17,866 NA NA 860,024
127 Franklin Financial Corp. Glen Allen, Va. 55.72 NA 17,403 NA NA 1,057,784
128 Wilshire Bancorp Inc. Los Angeles 55.81 49.96 72,236 63,625 13.5 2,750,859
129 Citizens Bancorp Investment Inc. Lafayette, Tenn. 55.89 54.08 14,916 14,130 5.6 628,865
130 Pacific Premier Bancorp Inc. Costa Mesa, Calif. 55.95 56.55 31,855 25,078 27.0 1,173,792
131 Signature Bancorp Inc. Toledo, Ohio 56.03 NA 11,550 NA NA 592,377
132 First Keystone Corp. Berwick, Pa. 56.05 51.62 20,157 17,618 14.4 819,775
133 Citizens Bankshares Inc. Farmington, N.M. 56.13 53.58 15,860 15,555 2.0 697,049
134 Dime Community Bancshares Inc. New York 56.21 NA 90,219 NA NA 3,905,210
135 Starion Bancorp. Bismarck, N.D. 56.27 56.97 25,070 21,402 17.1 978,926
136 The First of Long Island Corp. Glen Head, N.Y. 56.29 51.56 41,244 36,700 12.4 2,108,290
137 Southern Utah Bancorp. Cedar City 56.42 58.76 16,982 16,555 2.6 715,639
138 Heartland BancCorp Gahanna, Ohio 56.54 59.26 15,707 15,070 4.2 578,575
  Orange County Bancorp Inc. Middletown, N.Y. 56.54 53.75 15,213 14,367 5.9 663,762
140 Farmers and Merchants Bankshares Inc. Stuttgart, Ark. 56.61 54.08 15,538 14,611 6.3 660,638
  United Bankshares Inc. Charleston, W.Va. 56.61 53.92 199,192 179,171 11.2 8,420,013
142 Bar Harbor Bankshares Maine 56.64 55.21 25,611 23,300 9.9 1,302,935
143 Trust No. 3 Under the Will of Charles Henderson Troy, Ala. 56.68 52.11 18,606 16,843 10.5 877,352
144 Provident Financial Services Inc. Jersey City, N.J. 56.74 56.26 148,427 142,124 4.4 7,283,695
145 ESB Financial Corp. Ellwood City, Pa. 56.82 NA 30,036 NA NA 1,927,664
146 City Holding Co. Cross Lanes, W.Va. 56.88 55.77 86,050 80,796 6.5 2,916,037
147 Liberty Bancshares Inc Jonesboro, Ark. 56.90 57.86 67,706 65,847 2.8 2,831,154
148 Bank of Hawaii Corp. Honolulu 56.98 59.78 334,854 349,858 -4.3 13,789,923
149 Pinnacle Bancorp Inc. Central City, Neb. 57.02 56.38 169,354 160,295 5.7 7,340,268
150 Enterprise Financial Services Corp Clayton, Mo. 57.05 NA 86,660 NA NA 3,325,841
151 National Penn Bancshares Inc. Boyertown, Pa. 57.06 60.62 210,310 223,397 -5.9 8,529,522
152 Park National Corp. Newark, Ohio 57.07 55.18 187,968 188,317 -0.2 6,642,803
153 M&T Bank Corp. Buffalo, N.Y. 57.09 63.71 2,435,588 2,427,351 0.3 83,008,803
154 Clifton MHC N.J. 57.10 NA 14,332 NA NA 1,020,465
155 Hometown Community Bancorp Inc. Morton, Ill. 57.18 53.68 52,782 49,025 7.7 2,734,400
156 Educational Services of America Inc. Knoxville, Tenn. 57.19 59.41 33,401 25,906 28.9 2,181,869
157 Nodaway Valley Bancshares Inc. Maryville, Mo. 57.23 59.67 19,714 20,388 -3.3 831,155
158 First Nebraska Bancs Inc. Sidney 57.28 62.11 13,672 13,136 4.1 554,349
159 Coppermark Bancshares Inc. Oklahoma City 57.30 57.68 32,608 33,765 -3.4 1,317,333
  Glacier Bancorp Inc. Kalispell, Mont. 57.30 68.87 177,730 210,749 -15.7 7,747,440
161 Midland Financial Co. Oklahoma City 57.31 NA 307,316 NA NA 9,895,682
162 Citizens Bancshares Inc. Bluffton, Ohio 57.35 56.71 18,618 16,833 10.6 668,577
  First Bancshares Inc. Merrillville, Ind. 57.35 57.11 66,782 60,919 9.6 2,203,139
164 Third Federal Savings & Loan Association MHC Cleveland 57.38 NA 164,667 NA NA 11,379,590
165 Platte Valley Financial Service Cos. Inc. Scottsbluff, Neb. 57.39 60.06 22,354 21,179 5.5 704,687
166 SVB Financial Group Santa Clara, Calif. 57.48 57.80 545,999 500,629 9.1 22,766,602
167 American National Corp. Omaha, Neb. 57.53 55.22 60,600 52,728 14.9 2,475,958
168 Greene County Bancorp MHC Catskill, N.Y. 57.54 NA 15,563 NA NA 625,405
169 Midland Bancshares Inc. Texas 57.57 61.59 19,051 17,411 9.4 1,143,345
170 Capital One Financial Corp. McLean, Va. 57.69 57.99 11,906,454 9,315,763 27.8 313,040,688
  Santander BanCorp San Juan, Puerto Rico 57.69 51.85 284,167 256,148 10.9 7,456,874
172 S.Y. Bancorp Inc. Louisville, Ky. 57.81 55.91 66,644 58,245 14.4 2,148,380
173 American National Bankshares Inc. Danville, Va. 57.87 58.17 36,529 30,122 21.3 1,283,687
174 German American Bancorp Inc. Jasper, Ind. 57.89 60.63 50,923 50,782 0.3 2,007,014
175 Central Banco. Inc. Jefferson City, Mo. 57.90 58.07 301,095 291,266 3.4 9,726,296
176 Community Trust Bancorp Inc. Pikeville, Ky. 57.93 60.23 103,554 106,387 -2.7 3,635,664
177 Fulton Financial Corp. Lancaster, Pa. 58.01 54.79 449,334 415,634 8.1 16,509,261
178 The Bank of Kentucky Financial Corp. Crestview Hills 58.05 54.49 46,338 42,114 10.0 1,844,104
179 OceanFirst Financial Corp. Toms River, N.J. 58.24 NA 53,982 NA NA 2,277,753
180 QNB Corp. Quakertown, Pa. 58.26 53.35 19,625 18,296 7.3 919,874
181 Wells Fargo & Co. San Francisco 58.28 60.51 50,607,000 49,248,000 2.8 1,422,968,000
182 First National Bancshares Inc. East Lansing, Mich. 58.32 72.23 22,951 26,029 -11.8 596,136
183 Gulfstream Bancshares Inc. Stuart, Fla. 58.34 49.89 11,869 10,875 9.1 551,595
  Ohnward Bancshares Inc. Maquoketa, Iowa 58.34 59.79 21,535 21,571 -0.2 935,550
  Western Alliance Bancorp. Phoenix 58.34 64.54 186,253 170,779 9.1 7,622,637
186 CCFNB Bancorp Inc. Bloomsburg, Pa. 58.35 49.67 15,803 15,810 0.0 607,721
187 Independent Holdings Inc. Memphis, Tenn. 58.38 57.66 23,014 21,689 6.1 804,897
188 First Citizens Financial Corp. Mason City, Iowa 58.46 54.88 24,539 23,240 5.6 1,194,712
  Summit Bancorp Inc. Arkadelphia, Ark. 58.46 57.11 29,383 27,312 7.6 1,162,899
190 Carroll County Bancshares Inc. Carroll, Iowa 58.50 62.21 14,645 14,916 -1.8 687,177
191 BB&T Corp. Winston-Salem, N.C. 58.54 63.70 5,660,861 5,124,511 10.5 183,872,371
192 Florida Community Bankshares Inc. Ocala 58.71 58.53 12,784 12,063 6.0 569,846
193 First Financial Bancorp. Cincinnati 58.72 52.12 215,057 203,344 5.8 6,497,048
194 First Internet Bancorp Indianapolis 58.85 59.72 16,677 11,478 45.3 636,370
195 Wilson Bank Holding Co. Lebanon, Tenn. 58.91 61.31 41,808 40,089 4.3 1,663,812
196 CB&T Holding Corp. New Orleans 58.93 70.49 55,427 49,992 10.9 773,494
197 National Americas Holdings LLC New York 59.00 61.91 208,045 207,815 0.1 9,016,148
198 PrivateBancorp Inc. Chicago 59.02 58.41 297,963 281,106 6.0 14,057,515
199 Albank Corp. Chicago 59.04 51.54 10,472 10,390 0.8 550,547
  Hudson Valley Holding Corp. Yonkers, N.Y. 59.04 56.82 82,119 79,543 3.2 2,891,246


Note: Only top-tier holding companies that file a Y-9C statement with the Fed as of Dec. 31, 2012, 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. Thrift data for 2011 are not available due to revised reporting standards.

Source:

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