Most Efficient Bank Holding Companies
June 22, 2006, 10:08 a.m. EDT 1 Min Read
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Most Efficient Bank Holding Companies
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Published June 22, 2006 | |||||||
Related Table: Most Improved in Efficiency and Noninterest Expense | |||||||
Rank | Efficiency ratio* | Noninterest expense | Dec. 31 assets | ||||
2005 | 2004 | 2005 | 2004 | Change | |||
1 | Intervest Bancshares Corp. New York | 22.76% | 25.00% | $10,703 | $8,251 | 29.70% | $1,706,423 |
2 | Corus Bankshares Inc. Chicago | 22.86 | 32.28 | 61,093 | 56,005 | 9.1 | 8,458,740 |
3 | W. Holding Co. Inc. Mayaguez, Puerto Rico | 24.01 | 28.09 | 105,830 | 100,010 | 5.8 | 16,149,557 |
4 | Amboy Bancorp. Old Bridge, N.J. | 24.73 | 28.54 | 29,070 | 30,092 | -3.4 | 2,613,591 |
5 | First Financial Holdings MHC Renton, Wash. | 27.67 | 20.98 | 4,713 | 3,617 | 30.3 | 878,928 |
6 | Florida Community Banks Inc. Immokalee | 29.17 | 35.86 | 12,933 | 12,251 | 5.6 | 907,082 |
7 | SBC Inc. Countryside, Ill. | 30.17 | 31.05 | 15,716 | 12,582 | 24.9 | 1,003,375 |
8 | New York Community Bancorp Inc. Westbury | 32.66 | 21.11 | 247,547 | 205,018 | 20.7 | 26,285,042 |
9 | Royal Bancshares of Pennsylvania Inc. Narberth | 34.43 | 45.51 | 23,907 | 24,043 | -0.6 | 1,301,065 |
10 | Cathay General Bancorp Inc. Los Angeles | 34.69 | 35.97 | 97,027 | 90,276 | 7.5 | 6,373,313 |
11 | West Bancorp. Inc. West Des Moines, Iowa | 35.63 | 35.27 | 18,695 | 17,145 | 9.0 | 1,244,380 |
12 | Hillcrest Bancshares Inc. Overland Park, Kan. | 35.91 | 45.16 | 18,990 | 19,551 | -2.9 | 1,321,060 |
13 | Westamerica Bancorp. San Rafael, Calif. | 35.93 | 40.79 | 104,856 | 108,135 | -3.0 | 5,153,560 |
14 | Stearns Financial Services Inc. Saint Cloud, Minn. | 36.93 | 41.52 | 35,928 | 32,828 | 9.4 | 1,463,211 |
15 | Northern Empire Bancshares Santa Rosa, Calif. | 37.40 | 39.71 | 18,733 | 16,689 | 12.2 | 1,231,759 |
16 | Beverly Hills Bancorp Inc. Calabasas, Calif. | 37.54 | NA | 15,555 | NA | NA | 1,407,179 |
17 | Bank of Highland Park Financial Corp. Ill. | 38.41 | 33.95 | 8,878 | 7,899 | 12.4 | 833,305 |
18 | North Fork Bancorp. Inc. Melville, N.Y. | 38.43 | 37.48 | 1,026,130 | 555,803 | 84.6 | 57,616,871 |
19 | Hanmi Financial Corp. Los Angeles | 39.01 | 49.65 | 69,374 | 66,895 | 3.7 | 3,414,241 |
20 | Big Sandy Holding Co. Longmont, Colo. | 39.86 | 42.06 | 15,358 | 10,278 | 49.4 | 836,861 |
21 | East West Bancorp Inc. Pasadena, Calif. | 40.02 | 40.37 | 126,381 | 94,856 | 33.2 | 8,278,286 |
22 | Wilshire Bancorp Inc. Los Angeles | 40.40 | 44.16 | 33,702 | 27,851 | 21.0 | 1,666,268 |
23 | Ocean Bankshares Inc. Miami | 40.85 | 44.93 | 109,011 | 101,497 | 7.4 | 5,676,460 |
24 | U.S. Bancorp Minneapolis | 40.87 | 41.08 | 5,873,000 | 5,799,200 | 1.3 | 209,465,000 |
25 | Frontier Financial Corp. Everett, Wash. | 41.09 | 42.21 | 58,081 | 50,602 | 14.8 | 2,640,263 |
26 | United Bankshares Inc. Charleston, W.Va. | 41.66 | 49.42 | 121,182 | 154,329 | -21.5 | 6,728,492 |
27 | S&T Bancorp Inc. Indiana, Pa. | 41.72 | 42.65 | 62,338 | 60,197 | 3.6 | 3,178,791 |
28 | UCBH Holdings Inc. San Francisco | 41.80 | 41.47 | 116,328 | 97,982 | 18.7 | 7,967,103 |
29 | INB Financial Corp. McAllen, Tex. | 41.97 | 44.26 | 23,235 | 18,891 | 23.0 | 1,090,428 |
30 | First Regional Bancorp Century City, Calif. | 42.31 | 55.13 | 38,031 | 28,964 | 31.3 | 1,812,065 |
31 | Delta Bancshares Co. St. Louis, Mo. | 42.71 | 45.20 | 10,269 | 10,200 | 0.7 | 790,812 |
32 | First BanCorp San Juan, Puerto Rico | 42.92 | 34.82 | 232,756 | 180,654 | 28.8 | 19,888,691 |
33 | Silver State Bancorp Henderson, Nev. | 43.09 | 51.01 | 19,887 | 15,339 | 29.6 | 808,161 |
34 | Bank of the Ozarks Inc. Little Rock | 43.24 | 46.35 | 40,080 | 37,605 | 6.6 | 2,135,584 |
35 | Orion Bancorp Inc. Naples, Fla. | 44.00 | 51.17 | 30,723 | 26,233 | 17.1 | 1,739,901 |
36 | Hudson Valley Holding Corp. Yonkers, N.Y. | 44.06 | 44.49 | 44,261 | 36,717 | 20.5 | 2,032,721 |
37 | City National Bancshares Inc. Miami | 44.35 | 45.18 | 51,076 | 49,396 | 3.4 | 2,901,190 |
38 | NSB Holding Corp. Staten Island, N.Y. | 44.62 | 42.57 | 21,356 | 19,861 | 7.5 | 1,407,606 |
39 | ANB Bancshares Inc. Bentonville, Ark. | 44.81 | 49.89 | 21,179 | 17,585 | 20.4 | 968,501 |
40 | Parkway Bancorp Inc. Harwood Heights, Ill. | 44.89 | 46.07 | 28,627 | 28,354 | 1.0 | 1,661,037 |
41 | Valley View Bancshares Inc. Overland Park, Kan. | 45.06 | 46.67 | 53,217 | 52,537 | 1.3 | 2,466,666 |
42 | United National Corp. Sioux Falls, S.D. | 45.14 | 44.76 | 324,690 | 276,417 | 17.5 | 1,153,152 |
43 | Prosperity Bancshares Inc. Houston | 45.64 | 45.60 | 68,821 | 51,612 | 33.3 | 3,593,056 |
44 | First Mutual Bancorp of Illinois Inc. Harvey | 45.78 | 51.95 | 12,610 | 10,201 | 23.6 | 899,611 |
45 | Ames National Corp. Iowa | 45.90 | 43.16 | 15,211 | 14,935 | 1.8 | 822,076 |
46 | Georgian Bancorp. Inc. Atlanta | 45.91 | 57.00 | 16,300 | 10,221 | 59.5 | 1,154,393 |
47 | United Bancorp. of Wyoming Inc. Jackson | 46.10 | 48.58 | 24,179 | 21,443 | 12.8 | 1,185,529 |
48 | American National Corp. Omaha | 46.12 | 47.72 | 35,530 | 34,380 | 3.3 | 1,539,567 |
49 | First South Bancorp Inc. Washington, N.C. | 46.15 | 50.13 | 21,302 | 19,711 | 8.1 | 834,532 |
50 | Republic Bancorp Inc. Owosso, Mich. | 46.36 | 46.84 | 93,261 | 94,075 | -0.9 | 6,081,766 |
51 | City Holding Co. Charleston, W.Va. | 46.50 | 48.31 | 69,233 | 66,294 | 4.4 | 2,502,630 |
52 | Virginia Commerce Bancorp Inc. Arlington | 46.52 | 48.08 | 29,467 | 22,807 | 29.2 | 1,518,425 |
53 | CVB Financial Corp. Ontario, Calif. | 46.62 | 49.70 | 104,661 | 96,605 | 8.3 | 5,422,971 |
54 | Nara Bancorp Inc. Los Angeles | 46.79 | 54.02 | 48,670 | 43,642 | 11.5 | 1,775,821 |
55 | Stockman Financial Corp. Miles City, Mont. | 46.90 | 51.14 | 25,725 | 23,907 | 7.6 | 1,161,864 |
56 | ITLA Capital Corp. La Jolla, Calif. | 46.91 | 44.40 | 46,304 | 43,918 | 5.4 | 3,061,140 |
57 | Commercial Bankshares Inc. Miami | 47.32 | 47.50 | 17,524 | 16,709 | 4.9 | 1,031,709 |
58 | Porter Bancorp Inc. Louisville, Ky. | 47.37 | 50.51 | 20,047 | 17,725 | 13.1 | 1,011,157 |
59 | Olney Bancshares of Texas Inc. | 47.39 | 55.34 | 19,960 | 13,609 | 46.7 | 1,003,902 |
60 | Texas Regional Bancshares Inc. McAllen | 47.52 | 49.60 | 160,562 | 143,315 | 12.0 | 6,588,319 |
61 | Mercantile Bankshares Corp. Baltimore | 47.54 | 50.16 | 420,821 | 391,958 | 7.4 | 16,421,729 |
62 | Cascade Bancorp Bend, Ore. | 47.55 | 51.39 | 34,876 | 30,516 | 14.3 | 1,271,659 |
63 | Center Financial Corp. Los Angeles | 47.67 | 56.77 | 40,736 | 36,797 | 10.7 | 1,662,780 |
64 | Valley National Bancorp Wayne, N.J. | 47.72 | 46.18 | 237,565 | 219,620 | 8.2 | 12,434,005 |
65 | Camden National Corp. Maine | 47.81 | 51.55 | 32,461 | 31,882 | 1.8 | 1,653,257 |
66 | Central Coast Bancorp Salinas, Calif. | 47.89 | 50.11 | 30,462 | 25,304 | 20.4 | 1,258,803 |
67 | Associated Banc-Corp Green Bay, Wis. | 47.92 | 47.41 | 480,463 | 377,869 | 27.2 | 22,117,591 |
68 | New Frontier Bancorp Greeley, Colo. | 47.98 | 44.45 | 13,335 | 9,278 | 43.7 | 796,408 |
69 | Oriental Financial Group Inc. San Juan, Puerto Rico | 48.02 | 35.10 | 65,359 | 60,146 | 8.7 | 4,545,462 |
70 | Bank of America Corp. Charlotte | 48.06 | 53.06 | 28,674,781 | 26,898,132 | 6.6 | 1,294,312,241 |
71 | FirstBank Holding Co. Lakewood, Colo. | 48.35 | 50.03 | 174,846 | 179,318 | -2.5 | 7,245,166 |
72 | Central Pacific Financial Corp. Honolulu | 48.41 | 56.75 | 120,999 | 84,681 | 42.9 | 5,239,139 |
73 | Park National Corp. Newark, Ohio | 48.42 | 46.56 | 139,438 | 126,290 | 10.4 | 5,436,048 |
74 | Lone Star National Bancshares of Texas Inc. Pharr | 48.56 | 52.47 | 26,249 | 22,114 | 18.7 | 1,407,998 |
75 | First Citizens Financial Corp. Mason City, Iowa | 48.83 | 48.50 | 14,915 | 14,873 | 0.3 | 781,360 |
76 | National Bankshares Inc. Blacksburg, Va. | 48.90 | 47.52 | 21,839 | 20,182 | 8.2 | 841,498 |
77 | FSB Mutual Holdings Inc. Perkasie, Pa. | 49.03 | 49.46 | 12,647 | 12,703 | -0.4 | 943,762 |
78 | Gold Banc Corp. Inc. Leawood, Kan. | 49.10 | 76.80 | 89,555 | 127,837 | -29.9 | 4,179,144 |
79 | American Chartered Bancorp Inc. Schaumburg, Ill. | 49.10 | 51.07 | 37,894 | 32,349 | 17.1 | 2,024,021 |
80 | First Community Bancorp Rancho Santa Fe, Calif. | 49.15 | 53.97 | 89,467 | 81,458 | 9.8 | 3,229,088 |
81 | Minnwest Corp. Minnetonka, Minn. | 49.18 | 49.17 | 25,840 | 22,919 | 12.7 | 1,197,600 |
82 | Pacific Capital Bancorp Santa Barbara, Calif. | 49.26 | 53.01 | 214,405 | 182,957 | 17.2 | 6,876,159 |
83 | EuroBancshares Inc. San Juan, Puerto Rico | 49.30 | 51.81 | 37,643 | 36,830 | 2.2 | 2,391,283 |
84 | U.S.B. Holding Co. Inc. Orangeburg, N.Y. | 49.36 | 51.46 | 52,823 | 51,520 | 2.5 | 2,762,966 |
85 | MBT Financial Corp. Monroe, Mich. | 49.37 | 47.40 | 32,619 | 32,264 | 1.1 | 1,638,866 |
86 | First Midwest Bancorp Inc. Itasca, Ill. | 49.54 | 50.69 | 165,398 | 162,772 | 1.6 | 7,213,404 |
87 | Suffolk Bancorp Riverhead, N.Y. | 49.60 | 51.36 | 37,505 | 36,621 | 2.4 | 1,407,944 |
88 | Chambers Bancshares Inc. Danville, Ark. | 49.61 | 48.21 | 18,391 | 17,393 | 5.7 | 807,057 |
89 | PrivateBancorp Inc. Chicago | 49.84 | 49.87 | 59,928 | 45,674 | 31.2 | 3,494,210 |
90 | NEB Corp. Fond Du Lac, Wis. | 49.96 | 54.26 | 29,609 | 26,892 | 10.1 | 1,208,976 |
91 | Mercantile Bank Corp. Grand Rapids, Mich. | 49.97 | 48.76 | 30,844 | 23,256 | 32.6 | 1,838,210 |
92 | 1867 Western Financial Corp. Stockton, Calif. | 50.23 | 62.58 | 59,680 | 57,478 | 3.8 | 1,910,313 |
93 | M&T Bank Corp. Buffalo | 50.41 | 52.53 | 1,440,598 | 1,460,152 | -1.3 | 55,146,406 |
94 | Glacier Bancorp Inc. Kalispell, Mont. | 50.68 | 49.45 | 96,484 | 77,059 | 25.2 | 3,706,869 |
95 | First National Community Bancorp Inc. Dunmore, Pa. | 50.79 | 55.78 | 18,942 | 17,399 | 8.9 | 1,008,089 |
96 | Southwest Bancorp Inc. Stillwater, Okla. | 50.81 | 51.17 | 52,459 | 44,518 | 17.8 | 2,098,292 |
97 | Horizon Financial Corp. Bellingham, Wash. | 50.84 | 51.85 | 24,731 | 21,401 | 15.6 | 1,083,743 |
98 | Prosperity Banking Co. Saint Augustine, Fla. | 50.86 | 66.31 | 25,411 | 21,120 | 20.3 | 932,317 |
99 | Great Southern Bancorp Inc. Springfield, Mo. | 50.99 | 45.87 | 44,476 | 39,265 | 13.3 | 2,082,862 |
100 | BB&T Corp. Winston-Salem, N.C. | 51.09 | 50.58 | 3,143,543 | 2,909,399 | 8.0 | 109,169,759 |
101 | Crews Banking Corp. Wauchula, Fla. | 51.83 | 55.37 | 28,361 | 24,440 | 16.0 | 1,048,808 |
102 | City National Corp. Beverly Hills | 51.91 | 51.80 | 438,385 | 395,410 | 10.9 | 14,586,336 |
103 | AmSouth Bancorp. Birmingham, Ala. | 51.99 | 57.56 | 1,291,094 | 1,457,012 | -11.4 | 52,619,315 |
104 | First Busey Corp. Urbana, Ill. | 52.00 | 53.32 | 51,115 | 43,068 | 18.7 | 2,263,422 |
105 | First Financial Bankshares Inc. Abilene, Tex. | 52.09 | 51.81 | 75,653 | 66,127 | 14.4 | 2,733,828 |
106 | Cascade Financial Corp. Everett, Wash. | 52.18 | 55.91 | 22,321 | 20,848 | 7.1 | 1,211,784 |
107 | First Bank Corp. Fort Smith, Ark. | 52.28 | 56.46 | 37,188 | 32,937 | 12.9 | 1,280,727 |
108 | Smithtown Bancorp Inc. Hauppauge, N.Y. | 52.33 | 48.43 | 21,140 | 14,853 | 42.3 | 878,282 |
109 | Harleysville National Corp. Pa. | 52.44 | 50.77 | 62,479 | 59,561 | 4.9 | 3,117,359 |
110 | First National Lincoln Corp. Damariscotta, Maine | 52.52 | 51.09 | 22,572 | 13,371 | 68.8 | 1,042,506 |
111 | Pacific Continental Corp. Eugene, Ore. | 52.71 | 54.19 | 18,112 | 15,927 | 13.7 | 792,617 |
112 | Shore Bancshares Inc. Easton, Md. | 52.73 | 55.05 | 25,389 | 22,576 | 12.5 | 851,638 |
113 | Fifth Third Bancorp Cincinnati | 52.75 | 53.38 | 2,926,312 | 3,014,075 | -2.9 | 105,225,054 |
114 | American State Financial Corp. Lubbock, Tex. | 52.76 | 51.68 | 47,853 | 45,026 | 6.3 | 2,043,112 |
115 | Vineyard National Bancorp Rancho Cucamonga, Calif. | 52.77 | 51.29 | 38,086 | 29,664 | 28.4 | 1,713,638 |
116 | International Bancshares Corp. Laredo, Tex. | 52.85 | 51.30 | 255,455 | 196,752 | 29.8 | 10,391,852 |
117 | Bank of Granite Corp. Granite Falls, N.C. | 52.91 | 53.71 | 32,775 | 29,980 | 9.3 | 1,107,765 |
118 | First National Security Co. De Queen, Ark. | 52.94 | 44.81 | 16,318 | 10,338 | 57.8 | 868,792 |
119 | Sky Financial Group Inc. Bowling Green, Ohio | 53.08 | 53.43 | 399,711 | 356,524 | 12.1 | 15,688,573 |
120 | Interchange Financial Services Corp. Saddle Brook, N.J. | 53.08 | 56.26 | 35,700 | 36,008 | -0.9 | 1,631,386 |
121 | Chemical Financial Corp. Midland, Mich. | 53.13 | 51.98 | 99,460 | 100,442 | -1.0 | 3,749,316 |
122 | First Bancorp Inc. Lebanon, Va. | 53.18 | 56.75 | 19,599 | 16,718 | 17.2 | 792,956 |
123 | Columbia Bancorp The Dalles, Ore. | 53.23 | 54.29 | 28,033 | 23,825 | 17.7 | 844,664 |
124 | Inwood Bancshares Inc. Dallas | 53.25 | 55.44 | 25,415 | 23,621 | 7.6 | 1,130,419 |
125 | Univest Corp. of Pennsylvania Souderton | 53.40 | 54.82 | 45,796 | 44,920 | 2.0 | 1,769,309 |
126 | Marathon Banking Corp. Astoria, N.Y. | 53.46 | 50.45 | 17,041 | 14,781 | 15.3 | 795,399 |
127 | Arrow Financial Corp. Glens Falls, N.Y. | 53.47 | 50.96 | 35,199 | 32,978 | 6.7 | 1,519,603 |
128 | Bank of Hawaii Corp. Honolulu | 53.67 | 58.95 | 338,994 | 376,643 | -10.0 | 10,187,462 |
129 | Stark Bank Group Ltd. Fort Dodge, Iowa | 53.72 | 57.12 | 23,925 | 21,304 | 12.3 | 1,182,009 |
130 | Mid-State Bancshares Arroyo Grande, Calif. | 53.80 | 57.45 | 76,829 | 79,294 | -3.1 | 2,391,499 |
131 | PAB Bankshares Inc. Valdosta, Ga. | 53.81 | 62.33 | 24,726 | 22,993 | 7.5 | 1,017,326 |
132 | Chinatrust Capital Corp. Torrance, Calif. | 53.87 | 49.96 | 39,620 | 33,926 | 16.8 | 2,002,757 |
133 | Villages Bancorp. Inc. The Villages, Fla. | 54.08 | 56.31 | 16,680 | 13,758 | 21.2 | 809,355 |
134 | Hometown Community Bancorp Inc. Morton, Ill. | 54.15 | 52.76 | 16,592 | 15,168 | 9.4 | 1,279,063 |
135 | Sierra Bancorp Porterville, Calif. | 54.32 | 54.66 | 33,970 | 29,946 | 13.4 | 1,052,686 |
136 | Stockmens Bancorp Inc. Kingman, Ariz. | 54.42 | 55.35 | 26,820 | 24,367 | 10.1 | 1,152,186 |
137 | Lakeland Financial Corp. Warsaw, Ind. | 54.52 | 59.59 | 38,040 | 36,642 | 3.8 | 1,635,389 |
138 | Durant Bancorp Inc. Okla. | 54.68 | 46.40 | 38,497 | 26,762 | 43.8 | 1,553,863 |
139 | Provident Financial Services Inc. Jersey City, N.J. | 54.69 | 59.63 | 123,856 | 118,488 | 4.5 | 6,055,052 |
140 | Taylor Capital Group Inc. Rosemont, Ill. | 54.71 | 61.09 | 70,474 | 70,641 | -0.2 | 3,280,672 |
141 | West Suburban Bancorp Inc. Lombard, Ill. | 54.71 | 54.76 | 45,334 | 43,215 | 4.9 | 1,827,020 |
142 | Independent Alliance Banks Inc. Fort Wayne, Ind. | 54.74 | 51.16 | 15,972 | 10,325 | 54.7 | 831,164 |
143 | Massbank Corp. Reading, Mass. | 54.77 | 55.81 | 12,858 | 12,296 | 4.6 | 898,679 |
144 | Main Street Trust Inc. Champaign, Ill. | 54.79 | 57.70 | 39,779 | 33,879 | 17.4 | 1,625,137 |
145 | Security National Corp. Sioux City, Iowa | 54.81 | 55.28 | 23,627 | 23,484 | 0.6 | 880,057 |
146 | Zions Bancorp. Salt Lake City | 54.83 | 56.49 | 1,013,795 | 923,626 | 9.8 | 42,762,673 |
147 | Compass Bancshares Inc. Birmingham, Ala. | 54.85 | 57.08 | 900,271 | 862,679 | 4.4 | 30,858,429 |
148 | FNB Corp. Christiansburg, Va. | 54.90 | 56.68 | 38,620 | 36,830 | 4.9 | 1,481,482 |
149 | Macon Bancorp Franklin, N.C. | 54.92 | 60.77 | 19,410 | 18,430 | 5.3 | 904,087 |
150 | City Bancorp Springfield, Mo. | 54.96 | 61.32 | 16,583 | 15,533 | 6.8 | 793,424 |
Note: Only bank holding companies that file a Y-9C statement with the Fed are included. Excludes thrift holding companies, and bank holding companies owned by foreign holding companies. * Noninterest expense divided by (total income minus interest expense)
Source: SNL Financial, Charlottesville, Va. (www.snl.com)
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