Thrift Company Subsidiaries with Highest Home Equity Loan Concentrations

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Thrift Company Subsidiaries with Highest Home Equity Loan Concentrations

Thrift Company Subsidiaries with Highest Home Equity Loan ConcentrationsAs of June 30, 2008. Dollars in thousands
Published November 26, 2008

Rank   Concentration Home equity loans Domestic loans
and leases
June 30 Year earlier June 30 Change
1 American Investors Bank and Mortgage Eden Prairie, Minn. 84.9% 78.8% $36,154 42.9% $42,597
2 Ameriprise Bank FSB Minneapolis 81.1 84.8 330,534 -5.1 407,614
3 Liberty Savings Bank FSB St. Cloud, Minn. 63.3 60.2 58,294 -5.7 92,122
4 Guaranty Bank MHC Milwaukee 60.5 56.3 897,486 -6.7 1,482,375
5 Universal Savings Bank FA Milwaukee 55.3 6.3 552 36.0 999
6 Principal Bank Des Moines 54.8 33.1 1,022,276 115.3 1,865,343
7 Inter Savings Bank FSB Maple Grove, Minn. 40.4 32.7 277,722 15.7 687,023
8 AIG Federal Savings Bank Wilmington, Del. 39.9 64.4 68,446 -23.3 171,692
9 Charles Schwab Bank Reno 34.7 NA 1,724,726 NA 4,974,619
10 Greater Atlantic Bank Reston, Va. 33.8 30.2 52,743 -3.5 156,046
11 E-Trade Bank Arlington, Va. 32.2 32.9 11,041,262 -12.8 34,243,591
12 Willow Financial Bank Wayne, Pa. 28.5 12.3 332,353 157.4 1,164,178
13 SouthBank FSB Palm Beach Gardens, Fla. 27.8 38.3 2,152 -24.8 7,741
14 Pulaski Bank Creve Coeur, Mo. 27.7 31.3 317,857 0.1 1,148,688
Ebank Atlanta 27.7 15.1 28,996 82.3 104,849
16 Roma Bank MHC Robbinsville, N.J. 27.5 29.3 129,261 -0.6 470,267
17 Pacific Trust Bank FSB Chula Vista, Calif. 26.8 19.5 207,821 51.4 776,081
18 SCB Bank Shelbyville, Ind. 25.7 26.9 41,528 24.9 161,488
19 Third Federal Savings and Loan Association of Cleveland MHC 25.5 23.0 2,288,065 27.1 8,987,619
20 Interamerican Bank FSB Miami 24.7 23.4 51,760 1.9 209,169
21 Community First Bank Pikesville, Md. 24.5 34.4 11,563 -28.5 47,235
22 Delanco Federal Savings Bank MHC N.J. 24.2 26.2 23,757 2.1 98,007
23 Maple City Savings Bank FSB MHC Hornell, N.Y. 23.2 21.1 8,840 10.6 38,145
24 Freehold Savings and Loan Association N.J. 22.3 22.9 17,721 -7.4 79,361
25 Saddle River Valley Bank N.J. 21.7 20.0 4,715 156.9 21,743
26 Seattle Savings Bank 21.1 0.8 121,769 2077.9 576,796
27 Northwestern Bank Traverse City, Mich. 20.9 18.8 137,176 11.1 655,709
28 Sound Community Bank MHC Seattle 20.6 19.1 50,502 22.6 245,670
29 First Federal Bank FSB Tuscaloosa, Ala. 20.5 20.0 25,302 -8.8 123,503
30 Malvern Federal Savings Bank MHC Paoli, Pa. 20.3 17.8 110,581 33.7 545,563
31 Merrill Lynch Bank and Trust Co. FSB New York 19.0 35.9 4,561,807 45.4 23,952,740
Auburn Savings Bank FSB MHC Maine 19.0 20.9 10,844 -2.4 57,015
Roebling Bank N.J. 19.0 18.9 20,884 10.1 110,101
34 First Keystone Bank Media, Pa. 18.8 19.0 54,227 -7.3 287,890
35 Park View Federal Savings Bank Solon, Ohio 18.6 18.1 135,403 2.1 729,681
36 Northwoods Bank of Minnesota Park Rapids 18.5 19.4 16,470 -2.1 88,970
37 Victory Community Bank Fort Mitchell, Ky. 18.2 21.8 21,250 -1.7 116,778
Wells Federal Bank FSB Minn. 18.2 17.0 38,586 -1.4 212,175
39 Lincoln Park Savings Bank MHC N.J. 17.8 15.6 13,467 18.8 75,495
40 Generations Bank Phillipsburg, Kan. 17.7 4.5 6,614 741.5 37,332
Midwest Heritage Bank FSB Chariton, Iowa 17.7 17.6 15,096 -10.1 85,428
42 First Investors Federal Savings Bank Edison, N.J. 16.6 16.8 424 -10.5 2,561
43 Northwest Bank and Trust Co. Davenport, Iowa 16.4 17.7 21,313 -8.7 130,327
44 Jacksonville Savings Bank MHC Ill. 16.2 18.1 28,725 -2.1 176,880
45 Windsor Federal Savings and Loan Association MHC Conn. 16.1 14.5 32,467 17.0 201,323
46 American Federal Savings Bank MHC Helena, Mont. 16.0 15.7 28,178 12.2 175,786
Naugatuck Savings Bank Conn. 16.0 15.6 95,884 11.3 599,253
48 Century Bank FSB Sarasota, Fla. 15.7 17.2 127,644 -6.5 810,976
49 Merrill Merchants Bank Bangor, Maine 15.6 NA 56,938 NA 365,596
50 Diamond Bank FSB Chicago 15.5 18.1 27,329 10.9 176,806
51 First Federal Savings Bank Rochester, Ind. 15.4 14.9 56,383 -5.4 366,671
52 Fidelity Bank Wichita 15.2 16.9 152,006 -3.0 1,001,101
53 Millington Savings Bank MHC N.J. 15.1 16.1 38,535 2.0 255,370
54 Colonial Bank FSB MHC Vineland, N.J. 15.0 17.5 41,491 5.2 276,848
55 BankAtlantic Fort Lauderdale, Fla. 14.9 12.8 724,704 15.5 4,853,134
Beacon Federal East Syracuse, N.Y. 14.9 15.9 112,898 14.6 757,869
57 TrustCo Bank Schenectady, N.Y. 14.7 15.8 295,033 1.0 2,006,703
Sunshine Savings Bank Tallahassee, Fla. 14.7 NA 19,390 NA 132,314
59 United Bank West Springfield, Mass. 14.4 15.2 123,938 1.2 860,260
Atlantic Coast Bank MHC Waycross, Ga. 14.4 14.5 105,121 7.1 731,924
61 First Market Bank FSB Richmond, Va. 14.2 13.0 149,025 23.0 1,046,430
Select Bank Egg Harbor City, N.J. 14.2 16.5 12,864 1.1 90,402
63 Brentwood Bank MHC Bethel Park, Pa. 14.1 14.5 37,154 6.4 264,437
64 Maine Bank and Trust Co. Portland 13.9 NA 41,852 NA 300,426
First Federal Savings and Loan Association of Charleston S.C. 13.9 13.3 317,623 12.0 2,286,146
Legacy Banks Pittsfield, Mass. 13.9 13.9 95,693 11.0 688,815
67 Citizens South Bank Gastonia, N.C. 13.6 10.8 82,001 41.4 604,662
68 Financial Federal Savings Bank Memphis 13.5 14.0 42,600 2.1 315,839
RiverWood Bank Baxter, Minn. 13.5 14.6 20,466 1.9 151,912
70 United Trust Bank Bridgeview, Ill. 13.4 11.8 3,227 12.3 24,050
71 Kearny Federal Savings Bank MHC N.J. 13.2 14.6 135,456 7.2 1,027,790
OBA Bank Germantown, Md. 13.2 12.8 38,250 -1.2 290,661
73 Chevy Chase Bank FSB Bethesda, Md. 13.1 14.5 1,551,580 -4.4 11,815,633
Provident Bank Montebello, N.Y. 13.1 13.4 221,307 2.1 1,687,860
75 First Place Bank Warren, Ohio 13.0 13.3 348,815 0.9 2,675,269
76 Putnam Bank MHC Conn. 12.9 12.7 31,737 7.0 245,248
Lydian Private Bank Palm Beach, Fla. 12.9 13.2 229,392 -0.8 1,782,804
First Federal Bank Texas Tyler 12.9 14.4 19,089 2.6 148,423
79 1st United Bank Faribault, Minn. 12.7 11.8 9,713 0.6 76,421
Liberty Savings Bank FSB Wilmington, Ohio 12.7 10.8 145,900 11.9 1,148,651
1st Bank of Sea Isle City MHC N.J. 12.7 12.0 20,189 17.4 159,537
82 OceanFirst Bank Toms River, N.J. 12.6 11.7 208,373 3.5 1,649,992
83 Northwest Savings Bank MHC Warren, Pa. 12.5 12.7 631,221 4.6 5,050,773
84 First Harrison Bank Corydon, Ind. 12.3 11.9 40,749 2.5 331,359
85 People’s United Bank Bridgeport, Conn. 12.2 13.6 1,748,099 42.4 14,372,856
86 Lake Shore Savings Bank MHC Dunkirk, N.Y. 12.1 12.8 27,807 3.6 229,120
Chesapeake Bank of Maryland MHC Baltimore 12.1 13.0 19,219 -8.2 158,437
Monadnock Community Bank Peterborough, N.H. 12.1 12.9 8,246 9.2 68,148
89 First Federal Community Bank Dover, Ohio 12.0 12.3 18,882 -0.4 157,634
90 Lehman Brothers Bank FSB Wilmington, Del. 11.6 7.7 700,280 -52.2 6,047,430
Ben Franklin Bank of Illinois MHC Arlington Heights 11.6 7.8 12,035 60.5 104,059
92 Virginia Savings Bank FSB Front Royal 11.5 10.6 12,759 -1.6 110,530
First Federal of Northern Michigan Alpena 11.5 11.9 22,836 -6.9 197,977
ESB Bank Ellwood City, Pa. 11.5 12.0 75,659 4.1 660,556
95 Lincoln Federal Savings Bank of Nebraska MHC 11.4 11.0 33,838 3.2 295,799
Plantation Federal Bank Pawleys Island, S.C. 11.4 9.9 42,600 39.2 372,732
Columbia Bank MHC Fair Lawn, N.J. 11.4 12.4 371,312 4.5 3,258,816
98 Wilmington Savings Fund Society FSB Del. 11.3 11.7 261,707 6.1 2,317,512
99 Lake Sunapee Bank FSB Newport, N.H. 11.2 10.4 71,516 20.1 636,399
Alaska Pacific Bank Juneau 11.2 11.7 19,711 3.3 176,745
101 American Bank Bethesda, Md. 11.0 12.9 49,407 -11.1 449,442
Viking Savings Association FA Alexandria, Minn. 11.0 11.2 11,199 6.0 101,880
Savings Bank of Maine Gardiner 11.0 11.2 83,507 5.5 760,498
104 Century Bank Parma, Ohio 10.8 10.9 11,967 2.7 110,879
105 Home Federal Bank Nampa, Idaho 10.7 8.4 51,020 21.4 475,273
106 Home Savings and Loan Co. Youngstown, Ohio 10.6 9.5 238,984 9.6 2,253,344
Fox Chase Bank MHC Hatboro, Pa. 10.6 13.8 55,368 -2.2 524,103
108 A J Smith Federal Savings Bank MHC Midlothian, Ill. 10.5 11.6 14,077 -8.7 134,458
Bradford Bank Baltimore 10.5 7.7 43,407 30.2 414,646
Wawel Savings Bank MHC Wallington, N.J. 10.5 10.9 6,090 -4.2 58,195
BankSouth Greensboro, Ga. 10.5 10.1 19,217 -18.4 183,763
112 Dearborn Savings Bank Lawrenceburg, Ind. 10.4 10.2 10,423 6.5 100,024
First Federal Savings Bank of Iowa Fort Dodge 10.4 8.3 44,552 13.3 429,918
Security Federal Savings Bank of McMinnville Tenn. 10.4 10.0 10,488 12.4 101,268
115 First Federal Savings Bank MHC Monessen, Pa. 10.3 7.0 21,547 71.1 208,859
Peoples First Community Bank Panama City, Fla. 10.3 9.8 167,104 8.6 1,624,363
117 Scituate Federal Savings Bank Mass. 10.2 0.0 18,474 NA 181,214
First Bank of Idaho FSB Ketchum 10.2 9.3 45,861 25.9 451,446
119 Boulevard Bank Neosho, Mo. 10.1 13.1 7,528 -3.9 74,445
First Federal Bank of the Midwest Defiance, Ohio 10.1 10.4 160,704 23.1 1,589,617
Third Federal Bank Newtown, Pa. 10.1 10.2 55,593 8.7 552,352
122 Bank of Greene County MHC Catskill, N.Y. 10.0 9.5 24,022 21.5 240,117
Platinum Community Bank Rolling Meadows, Ill. 10.0 9.9 6,114 -26.9 61,242
Partners Bank Naples, Fla. 10.0 13.3 4,617 -6.9 46,268
TierOne Bank Lincoln, Neb. 10.0 10.2 279,971 -11.6 2,806,360
United Community Bank MHC Lawrenceburg, Ind. 10.0 10.1 28,575 2.1 286,529
Bank of Bennington MHC Vt. 10.0 10.5 20,742 4.9 208,438
128 AmTrust Bank Cleveland 9.9 8.2 1,372,028 3.1 13,856,322
Oneida Savings Bank MHC N.Y. 9.9 8.5 28,893 22.5 293,298
130 Newport Federal Savings Bank R.I. 9.8 10.9 31,202 5.0 317,660
131 Pathfinder Bank MHC Oswego, N.Y. 9.7 9.5 22,470 15.9 232,160
Anchor Mutual Savings Bank Aberdeen, Wash. 9.7 7.1 48,172 40.6 498,426
133 Walden Federal Savings and Loan Association MHC N.Y. 9.6 10.7 12,270 4.8 127,694
134 Franklin Savings and Loan Co. Cincinnati 9.5 8.0 26,093 19.5 274,540
MainStreet Savings Bank FSB MHC Hastings, Mich. 9.5 9.1 9,019 -1.6 95,031
Abington Savings Bank Jenkintown, Pa. 9.5 12.0 66,009 -14.2 696,731
137 First Community Bank of America Pinellas Park, Fla. 9.4 10.5 36,253 -6.1 386,068
138 Benefit Bank Fort Smith, Ark. 9.3 5.5 15,642 102.1 167,500
First Niagara Bank Lockport, N.Y. 9.3 8.8 600,357 18.4 6,436,036
Citizens Financial Bank Munster, Ind. 9.3 8.8 67,557 -5.2 725,806
141 Sovereign Bank Wyomissing, Pa. 9.1 7.8 5,227,356 18.8 57,382,053
Home Federal Bank Sioux Falls, S.D. 9.1 9.2 71,930 0.5 791,810
Fairport Savings Bank MHC N.Y. 9.1 9.1 11,984 9.2 132,196
Ocean Bank Portsmouth, N.H. 9.1 NA 126,001 NA 1,390,577
145 Citizens First Savings Bank Port Huron, Mich. 9.0 8.8 137,708 0.4 1,522,684
MidCountry Bank Marion, Ill. 9.0 8.1 69,582 23.0 770,950
Bayside Savings Bank Port St. Joe, Fla. 9.0 9.7 5,634 -8.4 62,426
148 GCF Bank Sewell, N.J. 8.9 11.5 26,535 5.2 297,505
ViewPoint Bank MHC Plano, Tex. 8.9 9.6 93,825 5.8 1,057,398
Mutual Bank Muncie, Ind. 8.9 8.7 71,044 1.5 801,327

*Home equity loans outstanding as a percentage of total consolidated loans.

Source:
SNL Financial
, Charlottesville, Va.
© 2008 American Banker