Publicly Traded Bank Holding Companies with Highest Net Income Per Employee

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Publicly Traded Bank Holding Companies with Highest Net Income Per Employee

Publicly Traded Bank Holding Companies with Highest Net Income Per Employee
Full-time equivalent on Sept. 30, 2003. Dollars in thousands
Published March 3, 2004
Rank   Type of holding company Sept. 30, 2003 Year earlier Change Assets
1 Heritage Holding Corp. Salt Lake City thrift $1,249 $676 84.76% $473,643
2 CFSB Corp. Dallas thrift 516 1,665 -69.01 451,172
3 F.R. & J.C. Warren Trust Rancho Santa Fe, Calif. thrift 437 313 39.62 1,440,032
4 Luther Burbank Corp. Santa Rosa, Calif. thrift 395 280 41.07 1,381,321
5 Prudential Financial Inc. Newark, N.J. thrift 314 45 597.78 694,706
6 Midland Financial Co. Oklahoma City thrift 294 232 26.72 9,260,834
7 Amboy Bancorp. Old Bridge, N.J. bank 275 209 31.58 2,257,155
8 Fidelity Bancshares Inc. Edina, Minn. bank 234 152 53.95 404,335
9 First Financial Holdings Renton, Wash. bank 223 0 NA 720,218
10 National Consumer Coop Bank Washington thrift 219 62 253.23 555,965
11 First Federal Financial Services Edwardsville, Ill. thrift 215 182 18.13 120,072
12 SBC Inc. Countryside, Ill. bank 210 198 6.06 736,775
13 Vermillion Bancshares Inc. Minn. bank 203 190 6.84 273,965
14 New York Community Bancorp Inc. Westbury bank 200 148 35.14 12,936,878
15 Elgin Bancshares Inc. Ill. bank 198 0 NA 195,023
16 Community Bank Corp. Park Ridge, Ill. bank 192 127 51.18 170,846
Washington Federal Inc. Seattle thrift 192 200 -4.00 7,523,302
18 WSFS Financial Corp. Wilmington, Del. thrift 174 43 304.65 2,108,965
19 Security Holding Co. Lincoln, Neb. thrift 167 87 91.95 102,033
Commercial Capital Bancorp Irvine, Calif. thrift 167 177 -5.65 1,423,179
21 Dairyland Bank Holding Corp. La Crosse, Wis. bank 165 153 7.84 171,075
22 Yellowstone Holding Co. Columbus, Mont. bank 163 138 18.12 277,294
23 Dime Community Bancshares New York thrift 158 118 33.90 3,064,814
24 Stockmans Financial Group Elk Grove, Calif. bank 156 114 36.84 264,667
City National Bancshares Miami bank 156 147 6.12 2,296,903
26 Builders Financial Corp. Chicago bank 155 60 158.33 423,937
Severn Bancorp Inc. Annapolis, Md. thrift 155 118 31.36 526,135
28 Intervest Bancshares Corp. New York bank 153 119 28.57 822,900
29 Germantown Banc Corp. Ill. bank 152 157 -3.18 254,274
30 F.B.H. Corp. Fayette, Ala. bank 150 114 31.58 166,061
31 Dolly T. McCready Trust Winchester, Ky. thrift 149 183 -18.58 114,369
32 Stearns Financial Services St. Cloud, Minn. bank 148 61 142.62 1,000,265
33 ITLA Capital Corp. La Jolla, Calif. bank 144 0 NA 1,628,634
34 Home Bancgroup Inc. Hollywood, Fla. thrift 141 141 0.00 104,135
35 Security Financial Services Durand, Wis. bank 140 115 21.74 212,945
36 Pawnee Holding Co. Inc. Okla. bank 137 88 55.68 222,652
Wilshire Financial Services Group Inc. Portland, Ore. thrift 137 93 47.31 821,580
38 Arkansas Bankers’ Bancorp Little Rock bank 136 123 10.57 230,330
39 Dentel Bancorp. Victor, Iowa bank 135 120 12.50 203,931
Golden West Financial Corp. Oakland, Calif. thrift 135 140 -3.57 76,219,120
41 Bank of Highland Park Financial Ill. bank 134 134 0.00 648,717
North Fork Bancorp Melville, N.Y. bank 134 149 -10.07 20,468,598
43 Concord EFS Inc. Memphis bank 131 107 22.43 2,423,279
44 New Tripoli Bancorp Inc. Pa. bank 130 94 38.30 216,947
Doral Financial Corp. San Juan, Puerto Rico bank 130 105 23.81 10,763,729
Charter Companies Inc. Albuquerque thrift 130 18 622.22 740,708
47 Lauritzen Corp. Omaha bank 127 93 36.56 1,141,025
48 Giant Holdings Inc. Fort Lauderdale, Fla. bank 126 72 75.00 214,514
Lincoln Savings Bank Corp. Lincoln, Ill. bank 126 98 28.57 170,925
Hudson City MHC Paramus, N.J. bank 126 115 9.57 15,898,409
U.S. Bancorp Cincinnati thrift 126 61 106.56 1,206,298
52 West Bancorp. Inc. West Des Moines bank 125 140 -10.71 963,079
Washington First Financial Group Seattle bank 125 102 22.55 436,038
54 InvestorsBancorp Inc. Pewaukee, Wis. bank 124 0 NA 193,885
55 West Pointe Bancshares Inc. Oshkosh, Wis. bank 122 102 19.61 213,186
56 Lakeside Bancorp Inc. Chicago bank 120 107 12.15 497,674
57 FirstFed Financial Corp. Santa Monica, Calif. thrift 118 106 11.32 4,526,191
Financial Guaranty Corp. Asheville, N.C. thrift 118 90 31.11 188,756
59 Corus Bankshares Inc. Chicago bank 117 107 9.35 3,334,567
60 Royal Bancshares of Pennsylvania Inc. Narberth bank 115 113 1.77 1,166,087
First Investors Consolidated New York thrift 115 92 25.00 56,713
62 Mountain View Bancshares Ark. bank 114 0 NA 165,341
Brighton Bancorp Salt Lake City bank 114 0 NA 169,016
64 Wake Forest Bancorp N.C. thrift 113 107 5.61 85,674
65 Excel Bank Corp. Edina, Minn. bank 110 51 115.69 422,337
Aurora Service Corp. Edina, Minn. thrift 110 95 15.79 575,820
67 Astoria Financial Corp. Lake Success, N.Y. thrift 109 133 -18.05 21,970,787
68 Hopkins Bancorp Inc. Baltimore thrift 108 79 36.71 218,934
69 Hayward Bancshares Eau Claire, Wis. bank 107 86 24.42 236,011
Morgan Stanley Dean Witter New York thrift 107 110 -2.73 65,418
Lincoln Federal Bancorp Lincoln, Neb. thrift 107 -99 -208.08 339,870
72 GreenPoint Financial Corp. New York, N.Y. bank 106 106 0.00 22,866,302
73 Crescent Banking Co. Jasper, Ga. bank 105 46 128.26 459,802
JNL Thrift Holdings Lansing, Mich. thrift 105 97 8.25 1,702,896
75 Prophetstown Banking Co. Ill. bank 103 93 10.75 240,351
Emigrant Bancorp Inc. New York bank 103 92 0.12 9,948,255
77 Farmers Enterprises Inc. Great Bend, Kan. bank 102 109 -6.42 342,010
USAA Bancorp Inc. San Antonio thrift 102 80 27.50 13,227,674
Telebanc Financial Corp. Arlington, Va. thrift 102 149 -31.54 18,336,560
Washington Mutual Inc. Seattle thrift 102 131 -22.14 247,814,747
Ameritas Acacia Washington thrift 102 94 8.51 855,087
82 Neffs Bancorp Inc. Pa. bank 101 104 -2.88 191,163
83 United Security Bancshares Fresno bank 99 81 22.22 508,224
City & Suburban Financial New York thrift 99 157 -36.94 610,263
Flushing Financial Corp. New York thrift 99 74 33.78 1,838,825
First SecurityFed Financial Chicago thrift 99 91 8.79 479,195
87 Security Bancshares Co. Glencoe, Minn. bank 98 78 25.64 296,720
Oriental Financial Group Inc. San Juan, Puerto Rico bank 98 100 -2.00 3,152,920
First Niles Financial Inc. Ohio thrift 98 82 19.51 98,200
ING USA Holding Corp. Wilmington, Del. thrift 98 56 75.00 17,991,864
91 Cathay Bancorp Inc. Los Angeles bank 97 93 4.30 3,201,632
BB&T Bancshares Bloomingdale, Ill. bank 97 61 59.02 394,388
PTB Corp. Salem, Ore. bank 97 151 -35.76 247,077
Countryside Financial Services Walworth, Wis. bank 97 0 NA 152,655
Principal Mutual Life Insurance Co. Des Moines thrift 97 125 -22.40 2,102,616
Dutchfork Bancshares Newberry, S.C. thrift 97 57 70.18 234,590
97 Humboldt Bancorp Roseville, Calif. bank 96 28 242.86 1,038,314
98 Alikat Investments Inc. Gurnee, Ill. bank 95 86 10.47 422,116
Bridge Bancorp Inc. Bridgehampton, N.Y. bank 95 83 14.46 529,992
Quail Creek Bancshares Inc. Oklahoma City bank 95 66 43.94 256,130
101 UCBH Holdings Inc. San Francisco bank 94 79 18.99 5,427,674
Gwinnett Commercial Group Lawrenceville, Ga. bank 94 53 77.36 308,017
W.S.B. Inc. Washington, Iowa bank 94 94 0.00 166,156
W Holding Co. Inc. Mayaguez, Puerto Rico bank 94 79 18.99 10,813,063
105 Central Valley Bancorp Modesto, Calif. bank 93 66 40.91 313,170
Bridgeview Bancorp Inc. Ill. bank 93 46 102.17 957,032
107 West America Bancorp San Rafael, Calif. bank 92 80 15.00 4,485,252
Forstrom Bancorp. Inc. Clara City, Minn. bank 92 102 -9.80 223,911
Paragon Commercial Corp. Raleigh bank 92 88 4.55 254,201
Minden MHC La. thrift 92 66 39.39 96,247
111 Banc Corp. Birmingham, Ala. bank 91 23 295.65 1,242,746
Waseca Bancshares Inc. Minn. bank 91 89 2.25 218,563
Raymond James Financial Inc. St. Petersburg, Fla. thrift 91 79 15.19 915,743
Key West BancGroup Inc. Fla. thrift 91 47 93.62 76,202
115 Thornton Holding Co. Douglasville, Ga. bank 89 63 41.27 205,585
Bank of Southside Virginia Corp. Carson bank 89 84 5.95 436,406
WCN Bancorp Inc. Wisconsin Rapids, Wis. bank 89 86 3.49 242,270
118 Easter Enterprises Inc. Spencer, Iowa bank 88 85 3.53 170,541
First Apple River Corp. Ill. bank 88 54 62.96 185,612
Hudson Valley Holding Corp. Yonkers, N.Y. bank 88 90 -2.22 1,669,751
121 Citizens Bancorp of Winfield Ala. bank 87 0 NA 152,329
Chambanco Inc. Chambers, Neb. bank 87 83 4.82 40,410
Fifth Third Bancorp Cincinnati bank 87 86 1.16 89,422,223
Albany Bancshares Inc. Albany, Tex. bank 87 88 -1.14 205,212
Financial Fedcorp Inc. Memphis thrift 87 79 10.13 252,876
126 Pacific Crest Capital Inc. Agoura Hills, Calif. bank 86 86 0.00 592,278
CVB Financial Corp. Ontario, Calif. bank 86 80 7.50 3,661,827
MBNA Corp. Wilmington, Del. bank 86 64 34.38 58,716,985
PrivateBancorp Inc. Chicago bank 86 57 50.88 1,857,103
130 Northern Empire Bancshares Santa Rosa, Calif. bank 85 81 4.94 776,999
Gato Holdings Inc. Thief River Fall, Minn. bank 85 82 3.66 174,403
Coastal Bancshares Inc. Pearland, Tex. bank 85 90 -5.56 209,447
133 Western Bancshares Inc. St. Paul bank 84 88 -4.55 313,751
Plantation Financial Corp. Pawley’s Island, S.C. thrift 84 56 50.00 406,931
First Glades Corp. Clewiston, Fla. thrift 84 68 23.53 104,325
136 East West Bancorp Inc. San Marino, Calif. bank 83 90 -7.78 3,763,476
Franklin Resources Inc. San Mateo, Calif. bank 83 64 29.69 6,970,749
Iowa State BHC Des Moines bank 83 75 10.67 234,160
Cummins-American Corp. Glenview, Ill. bank 83 80 3.75 940,739
Community Bancshares Marysville, Kan. bank 83 101 -17.82 203,255
U.S.B. Holding Co. Inc. Orangeburg, N.Y. bank 83 71 16.90 2,988,983
Security Bank Shares Inc. Iron River, Wis. bank 83 69 20.29 126,984
Pamrapo Bancorp Inc. Bayonne, N.J. thrift 83 83 0.00 642,631
Flagstar Bancorp Inc. Bloomfield Hills, Mich. thrift 83 34 144.12 10,924,447
145 First National Talladega Corp. Ala. bank 82 91 -9.89 247,557
FNC. Inc. Storm Lake, Iowa bank 82 104 -21.15 205,552
New Era Bancorp. Inc. Fredericktown, Mo. bank 82 51 60.78 206,247
Country Agencies and Invest Odessa, Mo. bank 82 91 -9.89 462,076
Quaker City Bancorp Inc. Whittier, Calif. thrift 82 95 -13.68 1,642,869
Priority One Holding Co. Springdale, Ark. thrift 82 86 -4.65 37,678

Notes: 3Q net income annualized. Includes employees of holding company and subsidiaries. Data from consolidated Y-9C reports filed with the Federal Reserve. Foreign holding companies were excluded.

Source: Sheshunoff Information Services, a division of Thomson Corp.

© 2004 American Banker