Top Bank Holding Companies by Number of Employees

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Top Bank Holding Companies by Number of Employees

Top Bank Holding Companies by Number of Employees
Full-time equivalent, on Dec. 31, 2003. Dollars in thousands
Published June 3, 2004
    Dec. 31 Year earlier Change Assets
1 Citigroup Inc. New York 267,220 264,370 1.08% $1,264,032,000
2 Wells Fargo & Co. San Francisco 140,000 127,500 9.8 387,798,000
3 Bank of America Corp. Charlotte 133,549 133,944 -0.29 736,487,404
4 J.P. Morgan Chase & Co. New York 93,453 94,335 -0.93 770,912,000
5 Wachovia Corp. Charlotte 86,670 80,778 7.29 401,032,000
6 Bank One Corp. Chicago 66,768 68,904 -3.1 326,563,000
7 MetLife Inc. New York 49,029 48,512 1.07 326,841,959
8 U.S. Bancorp Minneapolis 48,212 52,046 -7.37 189,286,000
9 FleetBoston Financial Corp. Boston 48,160 51,266 -6.06 200,356,000
10 Countrywide Financial Corp Calabasas, Calif. 34,298 29,272 17.17 97,957,619
11 National City Corp. Cleveland 33,693 32,929 2.32 113,933,460
12 SunTrust Banks Inc. Atlanta 27,578 27,622 -0.16 125,393,153
13 MBNA Corp. Wilmington, Del. 26,563 26,065 1.91 59,126,089
14 BB&T Corp. Winston-Salem, N.C. 26,283 24,221 8.51 90,466,613
15 PNC Financial Services Group Pittsburgh 23,472 24,313 -3.46 68,193,348
16 Bank of New York Co. Inc. 22,901 19,435 17.83 92,404,942
17 Mellon Financial Corp. Pittsburgh 21,457 24,002 -10.6 34,048,947
18 State Street Corp. Boston 20,138 19,491 3.32 87,534,065
19 KeyCorp Cleveland 18,916 20,437 -7.44 84,146,964
20 Fifth Third Bancorp Cincinnati 18,899 19,119 -1.15 91,143,023
21 Charles Schwab Corp. San Francisco 16,299 16,736 -2.61 45,866,220
22 Regions Financial Corp Birmingham, Ala. 16,180 16,171 0.06 48,881,023
23 M&T Bank Corp. Buffalo 13,305 8,726 52.48 49,826,081
24 AmSouth Bancorp Birmingham, Ala. 12,442 11,645 6.84 45,670,092
25 SouthTrust Corp. Birmingham, Ala. 12,363 13,228 -6.54 52,128,326
26 Synovus Financial Corp. Columbus, Ga. 11,654 10,877 7.14 21,597,189
27 First Tennessee National Corp. Memphis 11,494 10,632 8.11 24,507,953
28 Popular Inc. San Juan, Puerto Rico 11,474 11,000 4.31 36,426,000
29 Marshall & Ilsley Corp. Milwaukee 11,332 11,680 -2.98 34,394,445
30 Comerica Inc. Detroit 11,282 11,358 -0.67 52,943,676
31 Union Planters Corp. Memphis 10,640 10,836 -1.81 31,918,488
32 Commerce Bancorp Inc. Cherry Hill, N.J. 8,212 6,876 19.43 22,744,869
33 Northern Trust Corp. Chicago 8,056 9,317 -13.53 41,450,173
34 Huntington Bancshares Inc. Columbus, Ohio 7,983 8,177 -2.37 30,565,542
35 Zions Bancorp. Salt Lake City 7,896 8,073 -2.19 28,558,238
36 Charter One Financial Inc. Cleveland 7,804 6,997 11.53 42,713,133
37 Compass Bancshares Birmingham, Ala. 7,701 7,189 7.12 27,032,300
38 TCF Financial Corp. Wayzata, Minn. 6,929 6,827 1.49 11,440,012
39 Banknorth Group Inc. Portland, Maine 6,736 6,608 1.94 26,461,796
40 Franklin Resources Inc. San Mateo, Calif. 6,309 6,670 -5.41 7,417,402
41 National Commerce Financial Corp Memphis 5,441 5,490 -0.89 23,002,505
42 Hibernia Corp. New Orleans 5,339 5,588 -4.46 18,560,442
43 Commerce Bancshares Inc. Kansas City, Mo. 4,982 5,012 -0.6 14,323,695
44 First Citizens Bancshares Raleigh 4,743 4,704 0.83 12,548,519
45 GreenPoint Financial Corp. New York 4,683 4,710 -0.57 22,978,970
46 Associated Banc-Corp Green Bay, Wis. 4,091 4,085 0.15 15,268,429
47 Arvest Bank Group Inc. Bentonville, Ark. 4,043 3,092 30.76 7,016,962
48 BancorpSouth Inc. Tupelo, Miss. 4,000 3,828 4.49 10,328,425
49 Colonial BancGroup Inc. Montgomery, Ala. 3,939 3,737 5.41 16,294,053
50 UMB Financial Corp. Kansas City, Mo. 3,807 4,027 -5.46 7,748,981
51 Mercantile Bankshares Corp. Baltimore 3,565 2,885 23.57 13,695,472
52 FBOP Corp. Oak Park, Ill. 3,542 3,192 10.96 11,491,675
53 Irwin Financial Corp. Columbus, Ind. 3,520 3,087 14.03 4,964,317
54 BOK Financial Corp. Tulsa 3,489 3,402 2.56 13,669,551
55 People's Mutual Holdings Bridgeport, Conn. 3,245 3,539 -8.31 11,700,841
56 Cullen/Frost Bankers Inc. San Antonio 3,243 3,183 1.89 9,723,968
57 Provident Financial Group Cincinnati 3,177 3,307 -3.93 17,115,479
58 F.N.B. Corp. Naples, Fla. 3,069 2,836 8.22 8,312,438
59 FirstMerit Corp. Akron 3,063 3,088 -0.81 10,476,604
60 Sky Financial Group Inc. Bowling Green, Ohio 3,044 3,048 -0.13 12,896,494
61 Old National Bancorp Evansville, Ind. 3,019 2,752 9.7 9,354,586
62 North Fork Bancorp. Melville, N.Y. 2,997 2,878 4.13 20,961,641
63 Fulton Financial Corp. Lancaster, Pa. 2,950 2,906 1.51 9,772,506
64 Bank of Hawaii Corp. Honolulu 2,702 2,891 -6.54 9,468,693
65 Concord EFS Inc. Memphis 2,590 2,499 3.64 2,559,111
66 R&G Financial Corp. San Juan, Puerto Rico 2,521 2,022 24.68 8,198,880
67 Investors Financial Services Boston 2,413 2,591 -6.87 9,224,572
68 Citizens Banking Corp. Flint, Mich. 2,387 2,520 -5.28 7,713,036
69 Doral Financial Corp. San Juan, Puerto Rico 2,375 2,021 17.52 10,393,996
70 Trustmark Corp. Jackson, Miss. 2,356 2,443 -3.56 7,914,321
71 City National Corp. Beverly Hills 2,348 2,250 4.36 13,021,062
72 Wilmington Trust Corp. Del. 2,307 2,361 -2.29 8,873,965
73 Whitney Holding Corp. New Orleans 2,299 2,368 -2.91 7,761,180
74 Valley National Bancorp Wayne, N.J. 2,257 2,257 0 9,865,967
75 Community First Bankshares Fargo, N.D. 2,162 2,200 -1.73 5,467,143
76 Central Bancompany Jefferson City, Mo. 2,148 2,165 -0.79 6,218,935
77 Chittenden Corp. Burlington, Vt. 2,058 1,779 15.68 5,900,644
78 First Bancorp San Juan, Puerto Rico 2,002 1,844 8.57 12,667,910
79 First Banks Inc. St. Louis 1,988 2,185 -9.02 7,080,196
80 New York Community Bancorp Inc. Westbury 1,975 1,448 36.4 23,503,762
81 International Bancshares Corp. Laredo, Tex. 1,947 1,899 2.53 6,578,336
82 South Financial Group Greenville, S.C. 1,943 1,641 18.4 10,721,872
83 United National Corp. Sioux Falls, S.D. 1,901 2,015 -5.66 947,989
84 Susquehanna Bancshares Inc. Lititz, Pa. 1,882 1,818 3.52 5,953,107
85 Hudson United Bancorp Mahwah, N.J. 1,859 1,898 -2.05 8,102,417
86 FirstBank Holding Co. Lakewood, Colo. 1,785 1,778 0.39 6,652,482
87 Southwest Bancorp Houston 1,760 1,481 18.84 5,944,925
88 Dickinson Financial Corp. II Kansas City, Mo. 1,750 1,622 7.89 3,512,575
89 Hancock Holding Co. Gulfport, Miss. 1,734 1,790 -3.13 4,150,358
90 Greater Bay Bancorp Palo Alto, Calif. 1,710 1,735 -1.44 7,657,105
91 First Citizens Bancorp. Columbia, S.C. 1,676 1,514 10.7 4,301,460
92 First Midwest Bancorp Inc. Itasca, Ill. 1,646 1,517 8.5 6,922,017
93 Park National Corp. Newark, Ohio 1,645 1,600 2.81 5,034,956
94 Provident Bankshares Corp. Baltimore 1,629 1,599 1.88 5,208,577
95 First Interstate BancSystem Billings, Mont. 1,618 1,605 0.81 3,877,340
96 First Financial Bancorp Hamilton, Ohio 1,615 1,604 0.69 3,956,062
97 United Bankshares Inc. Charleston, W.Va. 1,585 1,460 8.56 6,372,845
98 First Community Bancshares Inc. Houston 1,571 1,098 43.08 640,079
99 Amcore Financial Inc. Rockford, Ill. 1,484 1,401 5.92 4,550,581
100 First Commonwealth Financial Corp. Indiana, Pa. 1,474 1,449 1.73 5,187,097
101 Riggs National Corp. Washington 1,450 1,522 -4.73 6,239,161
102 Chemical Financial Corp. Midland, Mich. 1,447 1,412 2.48 3,708,888
103 BancFirst Corp. Oklahoma City 1,359 1,401 -3 2,921,339
104 NBT Bancorp Inc. Norwich, N.Y. 1,316 1,307 0.69 4,046,885
105 First National Bank Holding Scottsdale, Ariz. 1,298 891 45.68 1,746,932
106 ESB Acquisition Corp. New York 1,297 NA NA 9,211,061
107 Eastern Bank Corp. Boston 1,295 1,102 17.51 4,706,492
108 United Community Banks Inc. Blairsville, Ga. 1,290 1,097 17.59 4,068,834
109 Texas Regional Bancshares McAllen 1,284 1,155 11.17 4,217,936
110 Alabama National Bancorp Birmingham 1,283 1,195 7.36 3,807,251
111 Community Bank System Inc. Dewitt, N.Y. 1,259 1,120 12.41 3,856,107
112 Pacific Capital Bancorp Santa Barbara, Calif. 1,252 1,222 2.45 4,859,630
113 1st Source Corp. South Bend, Ind. 1,220 1,233 -1.05 3,329,433
114 Republic Bancorp Inc. Owosso, Mich. 1,204 1,229 -2.03 5,353,688
115 First Merchants Corp. Muncie, Ind. 1,138 1,127 0.98 3,076,812
116 Woodforest Financial Group Inc. The Woodlands, Tex. 1,129 981 15.09 1,353,287
117 WesBanco Inc. Wheeling, W.Va. 1,124 1,156 -2.77 3,445,008
118 Independent Bank Corp. Ionia, Mich. 1,122 1,050 6.86 2,359,918
119 Pinnacle Bancorp Inc. Central City, Neb. 1,104 1,164 -5.15 3,372,997
120 W Holding Co. Inc. Mayaguez, Puerto Rico 1,092 1,034 5.61 11,519,440
121 Simmons First National Corp. Pine Bluff, Ark. 1,042 977 6.65 2,235,778
122 Hudson City MHC Paramus, N.J. 1,040 1,036 0.39 17,033,360
123 Sterling Bancshares Inc. Houston 1,036 1,065 -2.72 3,207,454
124 First Charter Corp. Charlotte 1,031 986 4.56 4,206,809
125 Johnson Financial Group Inc. Racine, Wis. 1,006 852 18.08 2,901,703
126 WestAmerica Bancorp. San Rafael, Calif. 1,003 1,055 -4.93 4,581,686
127 Umpqua Holdings Corp. Portland, Ore. 979 987 -0.81 2,955,494
128 Intrust Financial Corp. Wichita 973 958 1.57 2,640,442
129 Silicon Valley Bancshares Santa Clara, Calif. 969 1,019 -4.91 4,435,810
130 Ocean Bankshares Inc. Miami 945 921 2.61 4,297,212
131 National Penn Bancshares Boyertown, Pa. 940 840 11.9 3,512,574
132 MB Financial Inc. Chicago 936 809 15.7 4,355,093
133 Wintrust Financial Corp Lake Forest, Ill. 929 822 13.02 4,746,005
134 Community Trust Bancorp Inc. Pikeville, Ky. 901 874 3.09 2,474,039
135 CIB Marine Bancshares Inc. Pewaukee, Wis. 899 844 6.52 3,275,979
136 Integra Bank Corp. Evansville, Ind. 886 915 -3.17 2,958,294
137 Gold Banc Corp. Inc. Leawood, Kan. 883 956 -7.64 4,322,625
138 Riverside Banking Co. Fort Pierce, Fla. 881 771 14.27 2,243,278
139 Cathay General Bancorp Los Angeles 863 524 64.69 5,540,290
140 Republic Bancshares Inc. St. Petersburg, Fla. 858 858 0 2,832,348
141 Seacoast Financial Services Corp. New Bedford, Mass. 852 749 13.75 4,385,131
142 Local Financial Corp. Oklahoma City 846 835 1.32 2,880,197
143 Sterling Financial Corp. Lancaster, Pa. 835 735 13.61 2,341,817
144 First Financial Corp. Terre Haute, Ind. 834 836 -0.24 2,217,311
145 Glacier Bancorp Inc. Kalispell, Mont. 807 737 9.5 2,739,633
146 Capitol Bancorp Ltd. Lansing, Mich. 801 740 8.24 2,737,062
147 Capital City Bank Group Inc. Tallahassee, Fla. 791 770 2.73 1,845,794
148 First Financial Bankshares Inc. Abilene, Tex. 785 750 4.67 2,092,571
149 Bankfirst Corp. Inc. Sioux Falls, S.D. 781 1,019 -23.36 738,803
150 Mid-State Bancshares Arroyo Grande, Calif. 778 756 2.91 2,208,832


Note: Includes employees of holding company and subsidiaries. Data from consolidated Y-9C reports filed with the Federal Reserve
Source: Highline Banking Data Services, formerly Sheshunoff Information Services (877-299-9424)
© 2004 American Banker