Most Efficient Bank holding Companies out of the Largest 500
May 31, 2002, 10:08 a.m. EDT 1 Min Read
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Most Efficient Bank holding Companies out of the Largest 500
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Only companies that file Y9-C reports to the Federal Reserve were included Published May 31, 2001 |
Rank | Company | Efficiency | Efficiency ratio | Noninterest expense | Noninterest expense | Noninterest expense | Dec. '00 |
1 | Hershenhorn Bancorp Palatine, Ill. | 12.37% | 16.85% | $7,949 | $7,135 | 11.41% | $1,256,692 |
2 | West Bancorp West Des Moines | 27.98 | 27.89 | 9,595 | 9,515 | 0.84 | 828,046 |
3 | Amboy Bancorp Old Bridge, N.J. | 29.02 | 33.02 | 19,099 | 21,291 | -10.3 | 1,483,466 |
4 | Hudson City Paramus, N.J. | 30.58 | 28.35 | 79,160 | 68,693 | 15.24 | 9,380,265 |
5 | GBC Bancorp Los Angeles | 34.23 | 39.66 | 38,349 | 34,555 | 10.98 | 1,969,106 |
6 | Corus Bankshares Chicago | 34.62 | 49.77 | 54,654 | 63,095 | -13.38 | 2,598,467 |
7 | Cathay Bancorp Los Angeles | 36.97 | 36.71 | 39,008 | 32,494 | 20.05 | 2,206,834 |
8 | MBT Financial Corp Monroe, Mich. | 37.05 | N/A | 23,103 | N/A | N/A | 1,380,535 |
9 | Bank of Granite Corp. Granite Falls, N.C. | 37.35 | 40.76 | 17,340 | 17,707 | -2.07 | 661,652 |
10 | United National Corp. Sioux Falls, S.D. | 37.4 | 29.57 | 128,852 | 54,885 | 134.77 | 731,055 |
11 | Trustco Bank Corp. Schenectady, N.Y. | 38.59 | 38.68 | 47,767 | 45,636 | 4.67 | 2,461,610 |
12 | NSB Holding Corp . Ithaca, N.Y. | 38.96 | 44.49 | 9,545 | 10,591 | -9.88 | 733,018 |
13 | Valley View Bancshares Overland Park, Kan. | 39.58 | 40.05 | 39,539 | 33,283 | 18.8 | 2,026,714 |
14 | China Trust Holdings NV New York | 39.82 | 46.18 | 29,723 | 27,530 | 7.97 | 1,636,865 |
15 | Brookline Bancorp Brookline, Mass. | 40.61 | 37.08 | 17,399 | 14,617 | 19.03 | 1,036,830 |
16 | Silicon Valley Bancshares Santa Clara, Calif. | 40.7 | 47.23 | 197,690 | 125,659 | 57.32 | 5,642,087 |
17 | Delta Bancshares Co. St. Louis | 41.4 | 42.52 | 8,577 | 8,254 | 3.91 | 654,018 |
18 | S & T Bancorp. Indiana, Pa. | 41.41 | 41.27 | 45,731 | 43,342 | 5.51 | 2,310,294 |
19 | Merchants N.Y. Bancorp. New York | 41.67 | 44.96 | 28,076 | 26,773 | 4.87 | 1,476,790 |
20 | North Fork Bancorp. Melville, N.Y. | 43.47 | 34.79 | 301,765 | 178,075 | 69.46 | 14,840,962 |
21 | Frontier Financial Corp. Everett, Wash. | 43.67 | 40.66 | 38,563 | 28,321 | 36.16 | 1,690,943 |
22 | City National Bancshares Miami | 44.54 | 47.56 | 40,441 | 37,309 | 8.39 | 1,856,422 |
Fifth Third Bancorp Cincinnati | 44.54 | 48.53 | 1,118,821 | 1,121,956 | -0.28 | 45,856,906 | |
24 | Valley National Bancorp Wayne, N.J. | 45.09 | 44.92 | 141,015 | 137,946 | 2.22 | 6,425,837 |
25 | BSB Bancorp. Binghamton, N.Y. | 45.11 | 50.62 | 47,531 | 50,802 | -6.44 | 2,318,144 |
26 | Mercantile Bankshares Corp. Baltimore | 45.17 | 46.58 | 243,505 | 230,420 | 5.68 | 8,938,030 |
27 | UCBH Holdings San Francisco | 45.19 | 48.99 | 40,099 | 37,198 | 7.8 | 2,502,119 |
28 | Medford Bancorp. Medford, Mass. | 45.45 | 51.48 | 19,931 | 19,226 | 3.67 | 1,310,749 |
Capital Holdings Sylvania, Ohio | 45.45 | 46.57 | 16,431 | 14,786 | 11.13 | 1,137,109 | |
30 | Texas Regional Bancshares Mcallen, Tex. | 45.63 | 46.05 | 54,280 | 46,447 | 16.86 | 2,426,097 |
31 | Stearns Financial Services St. Cloud, Minn. | 46.03 | 41.62 | 23,602 | 20,048 | 17.73 | 923,755 |
32 | Hillcrest Bancshares Overland Park, Kan. | 46.14 | 50.98 | 17,254 | 13,634 | 26.55 | 817,892 |
33 | Mississippi Valley Bancshares St. Louis | 46.18 | 41.1 | 32,138 | 28,454 | 12.95 | 1,889,121 |
34 | W Holding Co. Mayaguez, P.R. | 46.38 | 46.41 | 51,942 | 52,923 | -1.85 | 4,260,857 |
35 | Financial Institutions Warsaw, N.Y. | 46.44 | 47.42 | 30,066 | 26,954 | 11.55 | 1,289,327 |
36 | Investors Bancorp Millburn, N.J. | 46.48 | 43.98 | 33,717 | 33,323 | 1.18 | 4,832,518 |
37 | Massbank Corp. Reading, Mass. | 46.55 | 47.1 | 12,467 | 12,507 | -0.32 | 940,872 |
38 | First Independent Invest Group Vancouver, Wash. | 46.65 | 48.46 | 17,346 | 16,571 | 4.68 | 675,334 |
39 | Central Coast Bancorp Salinas, Calif. | 46.74 | 50.95 | 17,394 | 16,043 | 8.42 | 706,693 |
40 | United Bankshares Charleston, W.Va. | 47 | 49.31 | 110,422 | 117,519 | -6.04 | 4,904,547 |
41 | Charter One Financial Cleveland | 47.02 | 51.3 | 609,029 | 635,283 | -4.13 | 33,033,878 |
42 | First National Bancshares East Lansing, Mich. | 47.22 | 42.51 | 23,883 | 19,279 | 23.88 | 880,793 |
43 | FBOP Corp. Oak Park, Ill. | 47.34 | 47.7 | 126,341 | 113,311 | 11.5 | 5,515,312 |
44 | National City Bancorp. Minneapolis | 47.47 | 48.3 | 29,953 | 29,090 | 2.97 | 1,193,612 |
45 | Park National Corp. Newark, Ohio | 47.56 | 46.19 | 82,919 | 67,540 | 22.77 | 3,211,068 |
46 | Stockman Financial Corp. Miles City, Mont. | 47.74 | 48.16 | 13,112 | 11,106 | 18.06 | 670,477 |
47 | Comerica Inc. Detroit | 47.75 | 49.36 | 1,188,370 | 1,116,957 | 6.39 | 42,032,150 |
48 | International Bancshares Laredo, Tex. | 47.78 | 48.88 | 112,042 | 106,992 | 4.72 | 5,860,714 |
49 | United Bancorporation of Wyo. Jackson, Wyo. | 47.8 | 48.51 | 16,805 | 14,711 | 14.23 | 689,174 |
50 | U.S.B. Holding Co. Orangeburg, N.Y. | 47.98 | 49.53 | 31,777 | 29,273 | 8.55 | 1,886,265 |
51 | CVB Financial Corp. Ontario, Calif. | 48.06 | 58.2 | 59,143 | 66,260 | -10.74 | 2,307,996 |
52 | Great Southern Bancorp Springfield, Mo. | 48.1 | 52.2 | 25,210 | 25,167 | 0.17 | 1,130,616 |
53 | Security Banc Corp. Springfield, Ohio | 48.11 | 47.02 | 24,477 | 23,548 | 3.95 | 994,751 |
54 | American National Corp. Omaha | 48.28 | 49.28 | 17,567 | 16,905 | 3.92 | 718,480 |
55 | Firstar Corp. Milwaukee | 48.29 | 55.48 | 2,056,301 | 2,278,569 | -9.75 | 77,584,892 |
56 | Andover Bancorp Andover, Mass. | 48.3 | 42 | 27,851 | 21,722 | 28.22 | 1,825,024 |
57 | First Bancorp San Juan, P.R. | 48.61 | 46.72 | 113,688 | 101,752 | 11.73 | 5,919,657 |
58 | East-West Bancorp San Marino, Calif. | 48.94 | 47.81 | 53,431 | 42,428 | 25.93 | 2,485,971 |
59 | Hanmi Financial Corp. Los Angeles | 48.99 | N/A | 27,571 | N/A | N/A | 1,034,354 |
60 | Lauritzen Corp. Omaha | 49.12 | 47.16 | 38,715 | 37,596 | 2.98 | 1,169,001 |
61 | CIB Marine Bancshares Pewaukee, Wis. | 49.34 | 54.2 | 41,497 | 33,215 | 24.93 | 2,367,882 |
62 | NEB Corp. Fond du Lac, Wis. | 49.53 | 79.87 | 21,419 | 30,090 | -28.82 | 909,543 |
63 | Hudson Valley Holding Corp. Yonkers, N.Y. | 49.57 | 51.09 | 25,578 | 23,411 | 9.26 | 1,294,357 |
64 | Centennial Bancorp Portland, Ore. | 49.68 | 51.15 | 26,840 | 22,792 | 17.76 | 852,612 |
65 | Minnwest Corp. Minnetonka, Minn. | 49.72 | 50.31 | 16,863 | 15,294 | 10.26 | 774,068 |
66 | Emigrant Bancorp New York | 49.9 | 49.05 | 138,075 | 125,690 | 9.85 | 8,238,255 |
67 | Pacific Crest Capital Agoura Hills, Calif. | 50.05 | 53.4 | 9,669 | 10,867 | -11.02 | 649,187 |
68 | Bankfirst Corp. Sioux Falls, S.D. | 50.12 | 51.74 | 151,225 | 132,592 | 14.05 | 765,810 |
69 | First Community Bancshares Bluefield, Va. | 50.16 | 47.37 | 31,468 | 27,727 | 13.49 | 1,217,462 |
70 | First Financial Corp. Terre Haute, Ind. | 50.8 | 52.4 | 42,703 | 43,543 | -1.93 | 2,043,267 |
71 | Firstmerit Corp. Akron, Ohio | 50.95 | 59.72 | 278,542 | 322,132 | -13.53 | 10,215,421 |
72 | Great Western Securities Omaha | 51.01 | 60.26 | 20,330 | 19,420 | 4.69 | 668,322 |
73 | Cummins-American Corp. Glenview, Ill. | 51.08 | 54.39 | 21,178 | 20,325 | 4.2 | 743,311 |
74 | Bank of New York Co. New York | 51.16 | 42.06 | 2,478,911 | 2,107,280 | 17.64 | 77,113,797 |
75 | Dickinson Financial Corp. Kansas City, Mo. | 51.2 | 50.36 | 84,699 | 73,925 | 14.57 | 2,773,647 |
Rank | Company | Efficiency | Efficiency ratio | Noninterest expense | Noninterest expense | Noninterest expense | Dec. '00 |
76 | Westamerica Bancorp. San Rafael, Calif. | 51.26% | 43.60% | $140,373 | $100,133 | 40.19% | $4,040,963 |
West Suburban Bancorp. Lombard, Ill. | 51.26 | 49.89 | 34,327 | 32,864 | 4.45 | 1,431,956 | |
78 | Security National Corp. Sioux City, Iowa | 51.3 | 55.41 | 20,139 | 21,234 | -5.16 | 767,180 |
79 | Doral Financial Corp. San Juan, P.R. | 51.52 | 55.13 | 106,659 | 97,558 | 9.33 | 5,463,386 |
80 | Fulton Financial Corp. Lancaster, Pa. | 51.57 | 52.67 | 165,022 | 160,988 | 2.51 | 6,571,155 |
81 | Camden National Corp. Camden, Maine | 51.72 | 58.63 | 25,336 | 27,604 | -8.22 | 1,010,883 |
82 | Trinity Capital Corp. Los Alamos, N.M. | 51.78 | 53.54 | 14,588 | 13,372 | 9.09 | 678,809 |
83 | State Bancorp New Hyde Park, N.Y. | 51.86 | 51.21 | 21,947 | 20,427 | 7.44 | 1,021,223 |
84 | Horizon Financial Corp Bellingham, Wash. | 52.02 | 49.98 | 13,894 | 13,105 | 6.02 | 733,427 |
85 | Parkway Bancorp Harwood Heights, Ill. | 52.16 | 50.48 | 23,888 | 21,648 | 10.35 | 1,187,582 |
86 | First Citizens Financial Corp. Mason City, Iowa | 52.29 | 50.56 | 12,033 | 11,519 | 4.46 | 716,399 |
87 | New York Comm Bancorp Westbury, N.Y. | 52.64 | 29.98 | 49,824 | 21,388 | 132.95 | 4,715,138 |
88 | Summit Bancorp. Princeton, N.J. | 52.73 | 52.37 | 957,208 | 869,490 | 10.09 | 39,668,367 |
89 | Suffolk Bancorp Riverhead, N.Y. | 52.76 | 56.95 | 32,090 | 30,717 | 4.47 | 1,047,982 |
90 | Greater Bay Bancorp Palo Alto, Calif. | 52.86 | 58.58 | 144,879 | 80,784 | 79.34 | 5,130,378 |
91 | First Financial Bankshares Abilene, Tex. | 52.93 | 55.4 | 51,692 | 51,933 | -0.46 | 1,753,814 |
Prosperity Bancshares Houston | 52.93 | 53.96 | 14,880 | 12,079 | 23.19 | 703,073 | |
93 | Harleysville National Corp. Harleysville, Pa. | 53 | 51.81 | 44,677 | 38,438 | 16.23 | 1,935,213 |
94 | Trustmark Corp. Jackson, Miss. | 53.06 | 52.87 | 189,377 | 187,071 | 1.23 | 6,886,988 |
95 | Sky Financial Group Bowling Green, Ohio | 53.07 | 68.94 | 235,407 | 302,497 | -22.18 | 8,386,802 |
96 | First Financial Bancorp Hamilton, Ohio | 53.22 | 57.06 | 116,803 | 120,661 | -3.2 | 3,932,512 |
97 | First Merchants Corp. Muncie, Ind. | 53.27 | 51.91 | 40,083 | 36,710 | 9.19 | 1,621,063 |
U.S. Bancorp Minneapolis | 53.27 | 51.72 | 3,606,600 | 3,142,400 | 14.77 | 87,336,000 | |
99 | Associated Banc-Corp. Green Bay, Wis. | 53.29 | 53.37 | 317,736 | 305,092 | 4.14 | 13,128,394 |
100 | First Mutual Bancshares Bellevue, Wash. | 53.31 | 54.85 | 12,019 | 12,023 | -0.03 | 643,231 |
101 | Firstbank Holding Co. Lakewood, Colo. | 53.48 | 54.43 | 137,163 | 129,462 | 5.95 | 4,915,355 |
102 | Integra Bank Corp. Evansville, Ind. | 53.75 | 54.53 | 63,573 | 60,406 | 5.24 | 3,068,818 |
103 | Chemical Financial Corp. Midland, Mich. | 53.81 | 53.89 | 52,597 | 50,718 | 3.7 | 1,973,424 |
104 | Regions Financial Corp. Birmingham, Ala. | 54.11 | 53.26 | 1,118,346 | 1,065,158 | 4.99 | 43,909,839 |
105 | Yardville National Bancorp Mercerville, N.J. | 54.31 | 54.52 | 22,965 | 18,583 | 23.58 | 1,619,312 |
106 | Arrow Financial Corp. Glens Falls, N.Y. | 54.33 | 56.09 | 27,589 | 27,298 | 1.07 | 1,081,354 |
107 | First Midwest Bancorp Itasca, Ill. | 54.35 | 56.57 | 144,292 | 149,803 | -3.68 | 5,906,619 |
108 | Community Banks Millersburg, Pa. | 54.5 | 54.4 | 25,774 | 22,937 | 12.37 | 1,121,372 |
109 | Hibernia Corp. New Orleans, La. | 54.52 | 54.44 | 476,099 | 441,083 | 7.94 | 16,698,046 |
110 | Midwest Banc Holdings Melrose Park, Ill. | 54.88 | 54.65 | 29,366 | 25,787 | 13.88 | 1,467,770 |
111 | F & M Bancorp. Tulsa, Okla. | 54.93 | 56.33 | 24,691 | 22,556 | 9.47 | 885,453 |
112 | Sun Bancorp Selinsgrove, Pa. | 54.97 | 47.18 | 14,115 | 11,950 | 18.12 | 743,588 |
113 | First Bank Corp. Fort Smith, Ark. | 55.02 | 56.72 | 26,595 | 26,385 | 0.8 | 876,646 |
114 | Colonial BancGroup Montgomery, Ala. | 55.1 | 56.89 | 274,168 | 301,392 | -9.03 | 11,741,202 |
115 | Fleetboston Financial Corp. Boston | 55.38 | 68.04 | 8,630,000 | 9,354,000 | -7.74 | 179,519,000 |
116 | Bancwest Corp. Honolulu, Hawaii | 55.43 | 60.31 | 533,961 | 535,075 | -0.21 | 18,457,066 |
117 | Glacier Bancorp Kalispell, Mont. | 55.46 | 52.56 | 31,028 | 23,979 | 29.4 | 1,056,712 |
118 | Farmers & Merchants Bancorp Lodi, Calif. | 55.56 | 60.19 | 27,631 | 26,936 | 2.58 | 906,958 |
119 | Greenpoint Financial Corp. New York | 55.66 | 58.06 | 511,548 | 557,249 | -8.2 | 15,764,810 |
120 | UNB Corp. Canton, Ohio | 55.71 | 57.95 | 27,705 | 27,488 | 0.79 | 1,054,235 |
121 | Seacoast Financial Serv. Corp. New Bedford, Mass. | 55.76 | 53.78 | 51,705 | 46,188 | 11.94 | 2,890,765 |
122 | Wilmington Trust Corp. Wilmington, Del. | 55.79 | 58.84 | 267,109 | 261,282 | 2.23 | 7,370,738 |
123 | First Commonwealth Financial Corp. Indiana, Pa. | 55.82 | 51.26 | 99,461 | 93,586 | 6.28 | 4,383,199 |
124 | Pacific Capital Bancorp Santa Barbara, Calif. | 55.87 | 57.81 | 131,716 | 110,421 | 19.29 | 3,677,626 |
125 | R&G Financial Corp. San Juan, P.R. | 55.91 | 53.91 | 81,456 | 69,290 | 17.56 | 3,539,492 |
126 | Bessemer Group Inc. Woodbridge Twp, N.J. | 55.96 | 57.86 | 130,341 | 113,479 | 14.86 | 1,489,972 |
127 | Bank of the Ozarks Inc. Little Rock, Ark. | 56.05 | 55.23 | 17,009 | 16,472 | 3.26 | 826,952 |
128 | Oak Hill Financial Jackson, Ohio | 56.07 | 57.11 | 15,632 | 14,642 | 6.76 | 696,882 |
129 | Mid-State Bancshares Arroyo Grande, Calif. | 56.18 | 61.63 | 57,982 | 57,488 | 0.86 | 1,455,878 |
130 | SJNB Financial Corp. San Jose, Calif. | 56.2 | 55.42 | 20,441 | 13,049 | 56.65 | 686,766 |
131 | 1867 Western Financial Corp. Stockton, Calif. | 56.3 | 60.93 | 35,308 | 36,692 | -3.77 | 1,158,188 |
132 | Penn Rock Financial Services Blue Bell, Pa. | 56.31 | 54.76 | 20,535 | 18,939 | 8.43 | 910,950 |
133 | Bank of America Corp. Charlotte, N.C. | 56.37 | 57 | 18,633,000 | 18,511,000 | 0.66 | 642,191,000 |
134 | City National Corp. Beverly Hills | 56.43 | 58.43 | 294,770 | 241,803 | 21.91 | 9,096,529 |
135 | NBC Capital Corp. Starkville, Miss. | 56.47 | 65.26 | 30,917 | 33,802 | -8.53 | 1,009,515 |
136 | First Farmers & Merchants Corp. Columbia, Tenn. | 56.49 | 56.81 | 19,168 | 18,095 | 5.93 | 652,066 |
137 | Hills Bancorp. Hills, Iowa | 56.5 | 56.21 | 20,069 | 18,269 | 9.85 | 876,220 |
138 | Southside Bancshares Tyler, Tex. | 56.6 | 62.38 | 25,472 | 22,592 | 12.75 | 1,151,846 |
139 | Southtrust Corp. Birmingham, Ala. | 56.65 | 55.31 | 1,087,195 | 1,010,501 | 7.59 | 45,146,531 |
140 | North American Bancshares Sherman, Tex. | 56.66 | 59.22 | 23,205 | 19,381 | 19.73 | 790,025 |
141 | Bancfirst Ohio Corp. Zanesville, Ohio | 56.69 | 59.77 | 32,601 | 30,673 | 6.29 | 1,562,219 |
142 | American State Financial Corp. Lubbock, Tex. | 56.72 | 57.03 | 32,533 | 30,882 | 5.35 | 1,294,308 |
143 | North Country Financial Corp. Traverse City, Mich. | 56.78 | 56.71 | 20,111 | 15,937 | 26.19 | 666,676 |
144 | Hamilton Bancorp Inc. Miami | 56.8 | 47.98 | 44,668 | 38,889 | 14.86 | 1,752,688 |
145 | S.Y. Bancorp Inc. Louisville, Ky. | 56.87 | 59.68 | 26,892 | 24,130 | 11.45 | 853,118 |
146 | Local Financial Corp. Oklahoma City | 57.07 | 60.26 | 55,121 | 55,721 | -1.08 | 2,377,011 |
147 | Omega Financial Corp. State College, Pa. | 57.08 | 55.1 | 34,385 | 33,597 | 2.35 | 1,116,417 |
148 | American Chartered Bancorp Schaumburg, Ill. | 57.11 | 58.74 | 15,742 | 13,402 | 17.46 | 662,166 |
149 | Chambers Bancshares Danville, Ark. | 57.15 | 56.91 | 18,241 | 17,216 | 5.95 | 820,144 |
150 | M&T Bank Corp. Buffalo | 57.2 | 54.12 | 694,453 | 578,958 | 19.95 | 28,949,456 |
Tompkins Trustco Ithaca, N.Y. | 57.2 | 56.42 | 38,819 | 34,332 | 13.07 | 1,304,894 |
Source: Sheshunoff Information Services
© 2001 American Banker