Most Efficient Bank Holding Companies
November 08, 2004, 10:08 a.m. EST 1 Min Read
View Table
Printer Friendly Version
Most Efficient Bank Holding Companies
| |||||||
Published December 8, 2004 | |||||||
Related Table: Most Improved in Efficiency and Noninterest Expense | |||||||
Efficiency ratio* | Noninterest expense | June 30 assets | |||||
2Q '04 | Yr earlier | 2Q '04 | Yr earlier | Change | |||
1 | First Financial Holdings Renton, Wash. | 17.41% | 19.80% | $1,584 | $1,406 | 12.66% | $736,459 |
2 | New York Community Bancorp Inc. Westbury | 19.8 | 27.28 | 100,428 | 70,855 | 41.74 | 24,180,468 |
3 | Intervest Bancshares Corp. New York | 25.43 | 30.81 | 3,963 | 3,663 | 8.19 | 1,119,266 |
4 | Doral Financial Corp. San Juan, Puerto Rico | 26.16 | 35.02 | 96,303 | 90,223 | 6.74 | 13,429,118 |
5 | W Holding Co. Inc. Mayaguez, Puerto Rico | 30.36 | 32.3 | 48,479 | 39,134 | 23.88 | 13,086,850 |
6 | SBC Inc. Countryside, Ill. | 31.94 | 32.27 | 6,127 | 5,558 | 10.24 | 799,237 |
7 | Bank of Highland Park Financial Ill. | 34.08 | 36.43 | 3,939 | 3,891 | 1.23 | 692,461 |
8 | Corus Bankshares Inc. Chicago | 34.23 | 38.85 | 28,423 | 25,048 | 13.47 | 3,836,484 |
9 | Amboy Bancorp Old Bridge, N.J. | 34.95 | 29.03 | 17,247 | 13,712 | 25.78 | 2,252,284 |
10 | ESB Acquisition Corp. New York | 34.98 | NA | 89,676 | NA | NA | 9,638,726 |
11 | North Fork Bancorp. Melville, N.Y. | 35.98 | 35.93 | 185,994 | 175,835 | 5.78 | 26,471,859 |
12 | Northern Empire Bancshares Santa Rosa, Calif. | 37.03 | 41.93 | 7,491 | 6,669 | 12.33 | 959,771 |
13 | West Bancorp. Inc. West Des Moines, Iowa | 37.82 | 29.97 | 8,662 | 5,786 | 49.71 | 1,032,841 |
14 | Westamerica Bancorp San Rafael, Calif. | 39.99 | 39.62 | 52,186 | 51,011 | 2.3 | 4,617,177 |
15 | Stearns Financial Services St. Cloud, Minn. | 40.17 | 41.31 | 15,039 | 12,851 | 17.03 | 1,112,527 |
16 | Cathay General Bancorp Los Angeles | 40.23 | 38.67 | 45,550 | 23,362 | 94.97 | 5,770,129 |
17 | East West Bancorp Inc. San Marino, Calif. | 41.41 | 45.05 | 42,192 | 36,842 | 14.52 | 4,908,579 |
18 | ITLA Capital Corp. La Jolla, Calif. | 41.49 | 35.11 | 23,482 | 19,862 | 18.23 | 1,894,592 |
19 | GreenPoint Financial Corp. New York | 41.61 | 37.09 | 274,183 | 247,201 | 10.92 | 25,954,758 |
20 | UCBH Holdings Inc. San Francisco | 41.82 | 44.06 | 45,466 | 37,710 | 20.57 | 6,066,322 |
21 | First Bancorp San Juan, Puerto Rico | 41.87 | 48.82 | 88,830 | 79,260 | 12.07 | 14,465,082 |
22 | Frontier Financial Corp. Everett, Wash. | 42.4 | 40.94 | 24,338 | 22,386 | 8.72 | 2,200,781 |
23 | U.S. Bancorp Minneapolis | 42.78 | 50.92 | 2,696,100 | 3,275,200 | -17.68 | 190,230,000 |
United National Corp. Sioux Falls, S.D. | 42.78 | 49.83 | 129,839 | 130,366 | -0.4 | 968,762 | |
25 | R&G Financial Corp. Hato Rey, Puerto Rico | 42.97 | 46.44 | 93,837 | 78,273 | 19.88 | 8,944,575 |
26 | NSB Holding Corp. Staten Island, N.Y. | 43.09 | 47.98 | 9,991 | 10,282 | -2.83 | 1,496,194 |
27 | INB Financial Corp. McAllen, Tex. | 43.12 | 46.21 | 8,669 | 7,414 | 16.93 | 901,541 |
28 | S&T Bancorp Inc. Indiana, Pa. | 43.15 | 42.08 | 29,564 | 28,169 | 4.95 | 2,991,693 |
29 | Ames National Corp. Ames, Iowa | 43.74 | 46.73 | 7,331 | 7,283 | 0.66 | 791,122 |
30 | Delta Bancshares Co. St. Louis | 44.19 | 44.67 | 4,909 | 4,667 | 5.19 | 708,299 |
31 | City National Bancshares Miami | 44.41 | 40.08 | 23,630 | 22,456 | 5.23 | 2,571,931 |
32 | Ocean Bankshares Inc. Miami | 44.92 | 44.96 | 49,526 | 46,750 | 5.94 | 4,515,158 |
33 | Hudson Valley Holding Corp. Yonkers, N.Y. | 45.53 | 49.32 | 17,458 | 16,330 | 6.91 | 1,811,367 |
34 | Republic Bancorp Inc. Owosso, Mich. | 46.13 | 51.52 | 44,401 | 53,233 | -16.59 | 5,711,493 |
35 | Great Southern Bancorp Inc. Springfield, Mo. | 46.18 | 45.42 | 18,931 | 16,574 | 14.22 | 1,701,163 |
Royal Bancshares of Pennsylvania Inc. Narberth | 46.18 | 40.13 | 12,377 | 8,631 | 43.4 | 1,185,746 | |
37 | Park National Corp. Newark, Ohio | 46.23 | 43.65 | 61,820 | 60,559 | 2.08 | 5,074,731 |
38 | Parkway Bancorp Inc. Harwood Heights, Ill. | 46.34 | 46.22 | 14,208 | 13,365 | 6.31 | 1,586,037 |
39 | Oriental Financial Group Inc. San Juan, Puerto Rico | 46.35 | 52.92 | 29,452 | 28,348 | 3.89 | 3,725,695 |
40 | First National Bank Group Edinburg, Tex. | 46.4 | 53.26 | 26,527 | 19,590 | 35.41 | 2,643,850 |
41 | Hillcrest Bancshares Inc. Overland Park, Kan. | 46.51 | 51.86 | 9,768 | 9,559 | 2.19 | 1,146,864 |
42 | Pacific Capital Bancorp Santa Barbara, Calif. | 46.53 | 46.61 | 91,813 | 83,185 | 10.37 | 5,684,329 |
43 | Bank of the Ozarks Inc. Little Rock | 47.15 | 45.62 | 17,993 | 14,508 | 24.02 | 1,516,631 |
44 | MBT Financial Corp. Monroe, Mich. | 47.18 | 45.27 | 15,807 | 14,799 | 6.81 | 1,524,913 |
45 | Prosperity Bancshares Inc. Houston | 47.29 | 48.77 | 24,472 | 19,790 | 23.66 | 2,439,105 |
46 | Valley View Bancshares Inc. Overland Park, Kan. | 47.44 | 45.73 | 25,887 | 25,220 | 2.64 | 2,380,963 |
47 | City Holding Co. Cross Lanes, W.Va. | 47.67 | 51.99 | 33,761 | 32,597 | 3.57 | 2,200,485 |
48 | Associated Banc-Corp Green Bay, Wis. | 47.74 | 47.26 | 178,871 | 177,457 | 0.8 | 15,524,950 |
49 | Virginia Commerce Bancorp Arlington | 47.81 | 53.18 | 10,326 | 9,951 | 3.77 | 1,050,292 |
50 | Commercial Bankshares Inc. Miami | 47.9 | 48.6 | 8,235 | 7,332 | 12.32 | 850,893 |
51 | Mercantile Bank Corp. Wyoming, Mich. | 47.94 | 49.96 | 10,555 | 8,390 | 25.8 | 1,378,626 |
52 | First Citizens Financial Corp. Mason City, Iowa | 48.03 | 48.85 | 7,170 | 7,071 | 1.4 | 754,949 |
53 | Valley National Bancorp Wayne, N.J. | 48.27 | 48.58 | 107,878 | 110,081 | -2 | 10,484,538 |
54 | Fifth Third Bancorp Cincinnati | 48.85 | 45.09 | 1,417,542 | 1,175,915 | 20.55 | 95,613,539 |
55 | Minnwest Corp. Minnetonka, Minn. | 49.23 | 53.98 | 10,941 | 10,288 | 6.35 | 944,498 |
56 | PrivateBancorp Inc. Chicago | 49.34 | 60.21 | 21,761 | 19,175 | 13.49 | 2,199,170 |
57 | CVB Financial Corp. Ontario, Calif. | 49.38 | 46.95 | 46,041 | 38,251 | 20.37 | 4,364,022 |
58 | American National Corp. Omaha | 49.48 | 50.21 | 17,038 | 16,183 | 5.28 | 1,344,797 |
59 | Bankfirst Corp. Inc. Sioux Falls, S.D. | 49.54 | 38.16 | 38,242 | 45,917 | -16.71 | 676,750 |
60 | Durant Bancorp Durant, Okla. | 49.76 | 51.58 | 13,392 | 12,472 | 7.38 | 1,013,978 |
61 | Berkshire Bancorp Inc. New York | 49.97 | 50.48 | 6,134 | 5,439 | 12.78 | 970,389 |
62 | Vineyard National Bancorp Rancho Cucamonga, Calif. | 49.99 | 56.06 | 13,169 | 6,894 | 91.02 | 1,156,067 |
63 | FirstBank Holding Co. Lakewood, Colo. | 50.08 | 49.65 | 86,138 | 82,678 | 4.18 | 6,984,366 |
64 | National Bankshares Inc. Blacksburg, Va. | 50.14 | 48.65 | 9,611 | 8,802 | 9.19 | 788,429 |
65 | National City Corp. Cleveland | 50.26 | 49.3 | 2,053,303 | 2,031,047 | 1.1 | 116,969,803 |
66 | Horizon Financial Corp. Bellingham, Wash. | 50.29 | 44.56 | 10,017 | 8,915 | 12.36 | 877,543 |
67 | Mercantile Bankshares Corp. Baltimore | 50.43 | 48.59 | 186,753 | 146,830 | 27.19 | 14,130,145 |
68 | First Olathe Bancshares Inc. Overland Park, Kan. | 50.54 | 60.04 | 14,474 | 14,681 | -1.41 | 1,085,119 |
69 | Glacier Bancorp Inc. Kalispell, Mont. | 50.66 | 51.16 | 37,593 | 32,865 | 14.39 | 2,915,909 |
70 | Central Coast Bancorp Salinas, Calif. | 50.99 | 52.96 | 12,127 | 11,460 | 5.82 | 1,049,485 |
71 | First South Bancorp Inc. Washington, N.C. | 51.01 | 48.09 | 9,698 | 8,780 | 10.46 | 719,674 |
72 | United Bancorp of Wyoming Jackson | 51.02 | 51.6 | 10,532 | 10,177 | 3.49 | 903,957 |
73 | Harleysville National Corp. Pa. | 51.14 | 59.71 | 28,410 | 32,640 | -12.96 | 2,867,367 |
74 | Arrow Financial Corp. Glens Falls, N.Y. | 51.16 | 51.2 | 16,300 | 16,253 | 0.29 | 1,380,139 |
75 | United Bankshares Inc. Charleston, W.Va. | 51.17 | 53.01 | 76,391 | 78,239 | -2.36 | 6,522,802 |
76 | Lauritzen Corp. Omaha | 51.33 | 46.49 | 25,074 | 21,075 | 18.98 | 1,194,325 |
77 | Hometown Community Bancorp Morton, Ill. | 51.36 | 51.89 | 7,263 | 6,509 | 11.58 | 1,047,637 |
78 | SouthTrust Corp. Birmingham, Ala. | 51.38 | 52.23 | 632,548 | 630,102 | 0.39 | 53,031,918 |
79 | Texas Regional Bancshares McAllen | 51.39 | 49.25 | 65,371 | 45,724 | 42.97 | 5,441,720 |
80 | International Bancshares Corp. Laredo, Tex. | 51.51 | 47.87 | 78,822 | 80,519 | -2.11 | 9,301,205 |
81 | Central Pacific Financial Honolulu | 51.75 | 49.04 | 27,925 | 25,730 | 8.53 | 2,498,829 |
82 | FSB Mutual Holdings Inc. Perkasie, Pa. | 51.83 | NA | 6,348 | NA | NA | 901,676 |
83 | First Financial Bankshares Inc. Abilene, Tex. | 51.84 | 52.22 | 32,388 | 30,626 | 5.75 | 2,080,706 |
84 | Suffolk Bancorp Riverhead, N.Y. | 51.97 | 50.32 | 18,311 | 18,267 | 0.24 | 1,422,527 |
85 | First Midwest Bancorp Inc. Itasca, Ill. | 52.05 | 50.28 | 79,950 | 74,732 | 6.98 | 6,841,201 |
86 | Banknorth Group Inc. Portland, Maine | 52.09 | 57.73 | 324,482 | 334,563 | -3.01 | 29,309,081 |
87 | Republic Bancorp Inc. Louisville, Ky. | 52.12 | 48.82 | 33,123 | 31,286 | 5.87 | 2,213,011 |
88 | Security National Corp. Sioux City, Iowa | 52.27 | 53.84 | 11,102 | 11,259 | -1.39 | 782,721 |
89 | City National Corp. Beverly Hills | 52.59 | 51.63 | 190,173 | 176,728 | 7.61 | 13,477,739 |
90 | Porter Bancorp Inc. Shepherdsville, Ky. | 52.67 | 54.9 | 8,538 | 8,208 | 4.02 | 805,464 |
91 | First Busey Corp. Urbana, Ill. | 52.72 | 54.41 | 19,643 | 20,257 | -3.03 | 1,875,058 |
92 | Trustmark Corp. Jackson, Miss. | 52.92 | 57.19 | 110,230 | 110,731 | -0.45 | 8,250,337 |
93 | U.S.B. Holding Co. Inc. Orangeburg, N.Y. | 52.95 | 53.68 | 24,828 | 22,388 | 10.9 | 2,975,438 |
94 | Hanmi Financial Corp. Los Angeles | 53.06 | 54.03 | 28,643 | 19,183 | 49.31 | 3,089,433 |
95 | Harleysville Savings Financial Corp. Pa. | 53.08 | 50.56 | 3,762 | 3,453 | 8.95 | 707,930 |
96 | South Financial Group Greenville, S.C. | 53.2 | 56.93 | 111,737 | 98,985 | 12.88 | 11,476,579 |
97 | Camden National Corp. Maine | 53.25 | 51.57 | 15,763 | 15,052 | 4.72 | 1,372,355 |
98 | Stockman Financial Corp. Miles City, Mont. | 53.49 | 54.92 | 11,583 | 10,938 | 5.9 | 948,580 |
99 | First Community Bancshares Bluefield, Va. | 53.72 | 52.69 | 22,755 | 25,363 | -10.28 | 1,848,233 |
100 | RCB Holding Co. Inc. Claremore, Okla. | 53.73 | 54.89 | 9,296 | 9,121 | 1.92 | 671,908 |
101 | Southwest Bancorp Inc. Stillwater, Okla. | 53.78 | 53.6 | 21,115 | 18,187 | 16.1 | 1,785,028 |
102 | First Financial Corp. Terre Haute, Ind. | 53.8 | 56.07 | 31,404 | 30,798 | 1.97 | 2,210,561 |
103 | MBNA Corp. Wilmington, Del. | 53.86 | 52.61 | 2,791,182 | 2,515,771 | 10.95 | 60,856,258 |
104 | Orion Bancorp Inc. Naples, Fla. | 53.89 | 54.47 | 12,938 | 10,274 | 25.93 | 1,119,015 |
Hibernia Corp. New Orleans | 53.89 | 58.03 | 306,159 | 283,376 | 8.04 | 21,311,057 | |
106 | Lone Star National Bancshares of Texas Pharr | 53.94 | 59.06 | 10,572 | 8,897 | 18.83 | 968,542 |
107 | American Chartered Bancorp Schaumburg, Ill. | 53.98 | 59.92 | 15,691 | 13,569 | 15.64 | 1,482,936 |
108 | Boiling Springs MHC Rutherford, N.J. | 53.99 | 58.48 | 9,809 | 9,100 | 7.79 | 1,100,883 |
Cascade Bancorp Bend, Ore. | 53.99 | 47.75 | 14,879 | 11,514 | 29.23 | 876,720 | |
110 | Fishback Financial Corp. Brookings, S.D. | 54.19 | 52.08 | 13,631 | 13,152 | 3.64 | 809,894 |
111 | Oak Hill Financial Inc. Jackson, Ohio | 54.2 | 52.85 | 12,924 | 11,962 | 8.04 | 980,783 |
112 | EuroBancshares Inc. Hato Rey, Puerto Rico | 54.51 | 58.55 | 16,239 | 13,678 | 18.72 | 1,928,245 |
113 | Chemical Financial Corp. Midland, Mich. | 54.53 | 52.03 | 51,157 | 47,449 | 7.81 | 3,841,739 |
114 | Sky Financial Group Inc. Bowling Green, Ohio | 54.6 | 54.29 | 160,799 | 157,925 | 1.82 | 12,243,712 |
115 | National Commerce Financial Corp. Memphis | 54.67 | 63.82 | 339,245 | 381,109 | -10.98 | 24,012,849 |
116 | BB&T Corp. Winston-Salem, N.C. | 54.74 | 57.58 | 1,488,022 | 1,254,465 | 18.62 | 97,348,285 |
117 | Citizens and Northern Corp. Wellsboro, Pa. | 54.84 | 52.62 | 12,517 | 10,889 | 14.95 | 1,119,139 |
118 | Trinity Capital Corp. Los Alamos, N.M. | 54.92 | 49.08 | 12,963 | 12,041 | 7.66 | 1,020,058 |
119 | Bank of Granite Corp. Granite Falls, N.C. | 55.04 | 43.92 | 15,108 | 11,548 | 30.83 | 994,471 |
120 | First of Long Island Corp. Glen Head, N.Y. | 55.14 | 56.33 | 12,140 | 11,556 | 5.05 | 953,262 |
121 | NBT Bancorp Inc. Norwich, N.Y. | 55.15 | 57.56 | 53,065 | 52,464 | 1.15 | 4,125,374 |
122 | AmSouth Bancorp Birmingham, Ala. | 55.18 | 53.31 | 634,213 | 588,228 | 7.82 | 48,314,942 |
123 | First Bank Corp. Fort Smith, Ark. | 55.41 | 55.92 | 16,033 | 15,614 | 2.68 | 1,019,517 |
124 | Comerica Inc. Detroit | 55.45 | 51.56 | 740,904 | 726,953 | 1.92 | 54,925,431 |
125 | West Suburban Bancorp Inc. Lombard, Ill. | 55.46 | 49.58 | 21,883 | 19,471 | 12.39 | 1,753,923 |
126 | Ohio Valley Banc Corp. Gallipolis | 55.49 | 58.28 | 10,467 | 9,904 | 5.68 | 717,179 |
127 | American State Financial Corp. Lubbock, Tex. | 55.52 | 54.52 | 22,577 | 20,877 | 8.14 | 1,728,665 |
128 | Investors Bancorp MHC Short Hills, N.J. | 55.61 | 59.49 | 27,896 | 26,013 | 7.24 | 5,327,186 |
129 | MB Financial Inc. Chicago | 55.65 | 57.37 | 60,020 | 58,615 | 2.4 | 4,995,703 |
130 | Columbia Bancorp The Dalles, Ore. | 55.69 | 57.54 | 11,404 | 11,188 | 1.93 | 668,587 |
131 | Countrywide Financial Corp. Calabasas, Calif. | 55.71 | 62.2 | 2,918,210 | 2,110,238 | 38.29 | 103,753,435 |
132 | Wilson Bank Holding Co. Lebanon, Tenn. | 55.74 | 51.82 | 11,418 | 10,380 | 10 | 871,571 |
133 | F.N.B. Corp. Hermitage, Pa. | 55.76 | 61.93 | 68,068 | 133,382 | -48.97 | 4,771,095 |
134 | CNB Corp. Conway, S.C. | 55.84 | 56.56 | 8,631 | 8,212 | 5.1 | 664,171 |
135 | Main Street Trust Inc. Champaign, Ill. | 55.86 | 53.56 | 16,515 | 16,185 | 2.04 | 1,194,677 |
136 | First National Community Bancorp Dunmore, Pa. | 55.87 | 52.08 | 8,332 | 7,290 | 14.29 | 856,663 |
137 | CB Bancshares Inc. Honolulu | 56.05 | 64.9 | 32,735 | 32,025 | 2.22 | 1,887,054 |
138 | Bank of America Corp. Charlotte | 56.08 | 52.64 | 12,621,714 | 9,774,000 | 29.14 | 1,039,764,440 |
139 | Nara Bancorp Inc. Los Angeles | 56.1 | 56.35 | 21,570 | 17,372 | 24.17 | 1,397,955 |
140 | M&T Bank Corp. Buffalo | 56.18 | 57.91 | 728,653 | 630,932 | 15.49 | 52,093,709 |
141 | Bridgeview Bancorp Inc. Bridgeview, Ill. | 56.19 | 79.71 | 14,961 | 22,755 | -34.25 | 1,164,030 |
Sterling Bancorp New York | 56.19 | 56.65 | 30,631 | 30,271 | 1.19 | 1,798,619 | |
143 | Shore Bancshares Inc. Easton, Md. | 56.26 | 55.11 | 10,798 | 9,553 | 13.03 | 779,976 |
144 | Sierra Bancorp Porterville, Calif. | 56.31 | 62.51 | 14,747 | 13,622 | 8.26 | 932,729 |
145 | IberiaBank Corp. Lafayette, La. | 56.31 | 54.52 | 27,312 | 24,399 | 11.94 | 2,351,770 |
146 | Yardville National Bancorp Hamilton, N.J. | 56.37 | 61.38 | 20,871 | 17,814 | 17.16 | 2,655,511 |
147 | Bank of Kentucky Financial Corp. Crestview Hills | 56.44 | 55.56 | 10,516 | 10,069 | 4.44 | 833,204 |
148 | Citizens Bancshares Co. Chillicothe, Mo. | 56.45 | 53.29 | 10,807 | 10,230 | 5.64 | 1,018,536 |
149 | Center Financial Corp. Los Angeles | 56.57 | 57.13 | 15,849 | 12,759 | 24.22 | 1,186,922 |
150 | Hills Bancorp. Hills, Iowa | 56.58 | 52.18 | 15,146 | 13,421 | 12.85 | 1,233,944 |
Note: Consolidated data from Y9-C reports
*Noninterest expense divided by (total income minus interest expense)
Source: Highline Baking Data Services (877-305-6657)
© 2004 American Banker