Top 25 U.S. Banks and S&L Companies in Construction and Land Development Loans
Companies in Construction and Land Development Loans | |
Published February 26, 2002 |
Sept. 30, '01 | Sept. 30, '00 | ||
1 | Bank of America Corp. Charlotte, N.C. | $12,175,000 | $11,713,000 |
2 | Wells Fargo & Co. San Francisco | 7,999,000 | 5,071,000 |
3 | Bank One Corp. Chicago | 6,961,000 | 6,295,000 |
4 | U.S. Bancorp Minneapolis | 6,674,000 | 4,426,000 |
5 | Wachovia Corp. Charlotte, N.C. | 6,177,000 | 2,525,000 |
6 | KeyCorp Cleveland | 6,014,068 | 5,018,705 |
7 | BB&T Corp. Winston-Salem, N.C. | 5,216,501 | 3,535,911 |
8 | SouthTrust Corp. Birmingham, Ala. | 4,651,604 | 3,929,730 |
9 | Temple-Inland Financial* Diboll, Tex. | 4,464,776 | 3,908,671 |
10 | Regions Financial Corp. Birmingham, Ala. | 4,251,129 | 3,887,080 |
11 | SunTrust Banks Inc. Atlanta | 3,704,905 | 2,884,264 |
12 | Fifth Third Bancorp Cincinnati | 3,333,537 | 1,220,328 |
13 | Washington Mutual Inc.* Seattle | 2,958,174 | 606,457 |
14 | ABN Amro North America Holding Co. Chicago | 2,899,410 | 1,596,866 |
15 | Zions Bancorp Salt Lake City | 2,850,726 | 2,355,385 |
16 | National City Corp. Cleveland | 2,764,428 | 1,370,758 |
17 | FleetBoston Financial Corp. Boston | 2,737,000 | 1,848,000 |
18 | Comerica Inc. Detroit | 2,675,133 | 1,295,882 |
19 | Union Planters Corp. Memphis | 2,346,178 | 1,931,004 |
20 | AmSouth Bancorp. Birmingham, Ala. | 2,252,919 | 1,827,449 |
21 | Compass Bancshares Birmingham, Ala. | 2,198,551 | 1,985,911 |
22 | Colonial BancGroup Inc. Montgomery, Ala. | 2,128,974 | 1,706,198 |
23 | National Commerce Financial Bancorp Memphis | 2,080,612 | 1,845,263 |
24 | Synovus Financial Corp. Columbus, Ga. | 1,445,189 | 1,255,276 |
25 | SGV Bancorp Inc.* W. Covina, Calif. | 1,409,936 | 1,096,894 |
* Data compiled from the sum of S&L subsidiaries.
Note: Represents total of loans secured by real estate made to finance land development preparatory
to erecting new structures or the on-site construction of industrial, commercial, residential, or farm
buildings. Includes additions or alterations to existing structures and the demolition of existing structures
to make way for new structures. Also includes: loans secured by vacant land, except land known to be used
or usable for agricultural purposes and loans secured by real estate to be used to acquire and improve property,
and loans made under Title I or Title X of the National Housing Act that conform to the definition of construction
stated above and that are secured by real estate. Excludes loans to finance construction and land development that
are not secured by real estate, for domestic offices only.
Source: Thomson Financial/Sheshunoff Information Services (www.sheshunoff.com)