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Top Lead Financial Advisers

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Top Lead Financial Advisers
Most Efficient U.S. Bank Holding Companies Among the Largest 500*

Third-quarter data; dollars in thousands
Published February 12, 2002

Rank 

 3Q efficiency ratio 2001**

 3Q efficiency ratio 2000**

Noninterest expense 3Q 2001 

Noninterest expense  3Q
2000 

Noninterest expense change 

Assets
30-Sept-01
 

1 Hershenhorn Bancorp. Palatine, Ill. 16.35 11.58 $7,274 $5,534 31% $1,098,974
2 Hudson City MHC Paramus, N.J. 29.23 30.23 61,441 58,623 4.81 10,815,426
3 West Bancorp. Inc. W. Des Moines 29.32 28.99 8,022 7,460 7.53 807,503
4 United National Corp. Sioux Falls, S.D. 31.44 35.88 124,218 90,478 37.29 756,844
5 SBC Inc.
Countryside, Ill.
33.57 33 7,237 6,788 6.61 631,320
6 North Fork Bancorp. Melville, N.Y. 34.11 46.12 195,559 240,502 -18.69 15,908,383
7 Amboy Bancorp.
Old Bridge, N.J.
35.54 29.3 19,327 13,865 39.39 1,663,716
8 NSB Holding Corp. Ithaca, N.Y. 36.08 38.36 7,309 7,079 3.25 1,063,929
9 MBT Financial Corp. Monroe, Mich. 37.59 N/A 18,685 N/A N/A 1,406,872
10 Investors Bancorp MHC. Millburn, N.J. 38.36 46.49 27,485 25,478 7.88 4,790,635
11 Cathay Bancorp Inc. Los Angeles 39.53 36.65 32,233 28,247 14.11 2,407,904
12 Corus Bankshares Inc. Chicago 40.54 39.96 40,713 39,622 2.75 2,710,566
13 Stearns Financial Services
St. Cloud, Minn.
41.36 44.81 17,487 16,998 2.88 892,906
14 Trustco Bank Corp N.Y. Glenville, N.Y. 41.37 37.74 37,961 35,101 8.15 2,528,157
  Ames National Corp. Ames, Iowa 41.37 43.53 8,479 8,174 3.73 625,534
16 Delta Bancshares Co. St. Louis, Mo. 41.42 40.79 6,390 6,298 1.46 638,088
17 Bank of Granite Corp. Granite Falls, N.C. 41.58 37.68 13,700 12,995 5.43 718,225
18 S & T Bancorp Inc. Indiana, Pa. 41.71 41.7 35,262 34,294 2.82 2,269,750
19 W Holding Co. Inc. Mayaguez, P.R. 41.77 44.38 44,405 36,469 21.76 5,128,671
20 Westamerica Bancorp.
San Rafael, Calif.
42.43 51.45 76,965 104,118 -26.08 3,914,460
21 Hudson Valley Holding Corp. Yonkers, N.Y. 42.63 49.83 20,048 19,074 5.11 1,334,205
22 Doral Financial Corp. San Juan, P.R. 42.7 51.13 80,924 76,807 5.36 6,373,300
23 City National Bancshares Miami 43.4 43.98 30,087 29,854 0.78 1,931,237
24 Frontier Financial Corp. Everett, Wash. 43.46 42.13 29,939 27,960 7.08 1,868,200
25 Valley View Bancshares Inc. Overland Park, Kan. 43.86 38.13 33,486 28,491 17.53 2,124,056
26 Great Southern Bancorp Inc. Springfield, Mo. 43.93 47.97 20,311 18,374 10.54 1,226,212
27 First Bancorp
San Juan, P.R.
44.13 48.95 90,290 85,255 5.91 7,717,918
28 GBC Bancorp
Los Angeles
44.88 33.06 33,943 27,019 25.63 2,204,926
29 BSB Bancorp Inc. Binghamton, N.Y. 45.26 45.02 32,421 36,066 -10.11 2,107,628
30 United Bankshares Inc. Charleston, W.Va. 45.47 45.55 85,331 80,712 5.72 5,165,890
31 Chambers Bancshares Inc. Danville, Ariz. 45.5 55.08 10,241 13,096 -21.8 585,320
32 Discount Bancorp Inc. New York 45.73 47 72,115 57,204 26.07 5,843,282
33 Park National Corp. Newark, Ohio 45.87 47.05 81,444 60,857 33.83 4,437,448
34 Charter One Financial Inc. Cleveland 46.06 48.01 454,041 463,085 -1.95 37,328,534
35 Greater Bay Bancorp Palo Alto, Calif. 46.19 54.34 106,211 105,050 1.11 6,808,432
36 Mercantile Bankshares Corp. Baltimore 46.2 45.12 194,657 179,662 8.35 9,468,004
37 CVB Financial Corp. Ontario, Calif. 46.38 47.84 47,106 43,666 7.88 2,367,390
38 Royal Bancshares of Pa. Inc. Narberth, Pa. 46.39 39.79 13,240 10,985 20.53 950,923
39 UCBH Holdings Inc. San Francisco 46.52 45.28 36,065 29,670 21.55 2,823,756
40 Valley National Bancorp Wayne, N.J. 46.6 44.52 140,030 103,680 35.06 8,225,245
41 American National Corp. Omaha 46.76 48.88 14,355 13,070 9.83 733,931
42 Texas Regional Bancshares
McAllen, Tex.
47 46.02 45,052 40,741 10.58 2,553,728
43 SJNB Financial Corp. San Jose, Calif. 47.48 59.81 13,249 16,074 -17.57 659,880
44 Silicon Valley Bancshares
Santa Clara, Calif.
47.57 39.97 132,392 146,544 -9.66 4,123,135
45 Andover Bancorp Inc. Andover, Mass. 47.65 49.31 24,069 20,949 14.89 1,762,626
46 Massbank Corp. Reading, Mass. 47.82 46.39 8,686 9,353 -7.13 971,213
47 FBOP Corp.
Oak Park, Ill.
47.92 47.18 120,618 93,118 29.53 8,222,515
48 GreenPoint Financial Corp. New York 48.58 52 430,207 385,071 11.72 19,997,275
49 International Bncshrs Corp. Laredo, Tex. 48.62 46.13 98,398 80,501 22.23 5,747,759
50 Mississippi Valley Bancshares St. Louis 49.13 45.17 26,473 23,491 12.69 2,078,055
51 Cummins-American Corp. Glenview, Ill. 49.41 49.01 12,388 15,321 -19.14 799,490
52 Marine Bancorp Inc. Springfield, Ill. 49.44 46.87 8,371 6,820 22.74 617,022
53 Commercebank Holding Corp.
Coral Gables, Fla.
49.48 49.56 30,106 23,711 26.97 2,133,143
54 Suffolk Bancorp Riverhead, N.Y. 49.58 52.41 23,667 23,486 0.77 1,130,841
55 West Suburban Bancorp Inc. Lombard, Ill. 49.73 50.82 26,277 25,141 4.52 1,453,889
56 R&G Financial Corp. San Juan, P.R. 49.79 57.08 67,584 60,758 11.23 4,298,600
57 FirstMerit Corp. Akron, Ohio 49.93 50.66 212,484 207,723 2.29 10,257,790
58 Parkway Bancorp Inc.
Harwood Heights, Ill.
49.97 52.08 18,561 17,682 4.97 1,345,053
59 Trinity Capital Corp. Los Alamos, N.M. 50.04 51.78 12,166 10,761 13.06 769,894
60 First Indep. Invest. Grp. Inc.
Vancouver, Wash.
50.22 46.37 13,937 12,817 8.74 699,287
61 Bankfirst Corp. Inc. Sioux Falls, S.D. 50.33 50.71 124,642 114,587 8.77 856,977
62 Emigrant Bancorp Inc. New York 50.39 49.16 111,203 101,317 9.76 9,045,851
63 Horizon Financial Corp.
Bellingham, Wash.
50.44 51.29 10,693 10,422 2.6 743,249
64 Financial Institutions Inc. Warsaw, N.Y. 50.45 46.05 29,888 22,043 35.59 1,749,650
65 United Bancorp. of Wyoming Jackson 50.58 47.85 13,799 12,312 12.08 701,361
66 Minnwest Corp. Minnetonka, Minn. 50.59 48.89 13,611 12,320 10.48 788,587
  Bancorp Connecticut Inc.
Southington, Conn.
50.59 48.39 9,504 8,692 9.34 611,977
68 Central Coast Bancorp
Salinas, Calif.
50.64 46.68 14,445 12,754 13.26 762,814
69 Wilber Corp.
Oneonta, N.Y.
51.03 47.97 10,265 9,633 6.56 607,935
70 First Midwest Bancorp Inc.
Itasca, Ill.
51.17 54.75 108,351 109,275 -0.85 5,807,684
71 NEB Corp.
Fond Du Lac, Wis.
51.41 49.3 17,161 16,021 7.12 901,142
72 Trustmark Corp. Jackson, Miss. 51.49 53.02 148,914 142,637 4.4 6,996,790
73 Associated Banc-Corp Green Bay, Wis. 51.68 53 238,084 239,807 -0.72 13,588,640
74 Sky Financial Group Inc.
Bowling Green, Ohio
51.85 52.49 176,525 173,927 1.49 8,865,210
75 Hillcrest Bancshares Inc.
Overland Park, Kan.
51.87 45.46 13,155 12,574 4.62 929,068
76 Mercantile Bank Corp.
Grand Rapids, Mich.
51.88 55.28 $6,728 $5,697 18.10% 646,633
77 First National Bancshares
East Lansing, Mich.
51.96 40.6 16,899 15,522 8.87 751,598
78 Bank of the Ozarks Inc. Little Rock, Ariz. 52.03 55.8 13,859 12,782 8.43 815,658
79 First Citizens Fin. Corp.
Mason City, Iowa
52.04 51.38 9,740 8,944 8.9 711,583
80 New York Comm Bancorp Inc. Westbury, N.Y. 52.05 31.98 92,176 16,839 447.4 8,942,994
81 CIB Marine Bancshares Inc. Pewaukee, Wis. 52.13 51.16 39,157 31,153 25.69 2,706,252
82 U.S.B. Holding Co. Inc. Orangeburg, N.Y. 52.34 48.2 26,498 23,924 10.76 2,087,897
83 Security National Corp. Sioux City, Iowa 52.35 50.28 16,282 14,895 9.31 812,134
84 First Community Bancshares
Bluefield, Va.
52.42 50.6 28,295 23,458 20.62 1,315,317
85 Centennial Bancorp Portland, Ore. 52.45 50.96 21,181 20,636 2.64 844,917
86 First Merchants Corp. Muncie, Ind. 52.5 52.93 32,958 29,481 11.79 1,761,671
87 Firstbank Holding Co. Lakewood, Colo. 52.58 54.1 118,475 102,728 15.33 5,358,242
88 Medford Bancorp Inc. Medford, Mass. 52.65 48.62 15,919 14,810 7.49 1,403,169
89 Camden National Corp. Camden, Maine 52.77 51.52 22,812 18,785 21.44 1,079,629
90 Pacific Capital Bancorp
Santa Barbara, Calif.
52.84 55.52 108,182 105,072 2.96 3,746,977
91 Bank Leumi Le-Israel Corp. New York 52.97 53.38 47,547 47,640 -0.2 3,919,294
92 First National Community Bancorp Dunmore, Pa. 53.36 52.42 9,313 8,630 7.91 671,407
93 Hanmi Financial Corp. Los Angeles 53.38 48.57 23,214 19,702 17.83 1,139,139
94 First Bank Corp.
Fort Smith, Ariz.
53.39 54.79 20,062 19,738 1.64 909,388
95 First Financial Bankshares Inc. Abilene, Tex. 53.54 52.78 40,707 38,793 4.93 1,861,326
96 Boiling Springs MHC Rutherford, N.J. 53.56 43.26 10,064 7,421 35.62 1,017,093
97 First State Financial Corp.
Eastpointe, Mich.
53.69 57.33 10,469 10,040 4.27 649,027
98 Arrow Financial Corp. Glens Falls, N.Y. 53.79 54.31 22,472 20,732 8.39 1,142,214
99 East West Bancorp Inc. San Marino, Calif. 53.81 47.49 50,200 38,730 29.62 2,818,274
100 Citizens and Northern Corp. Wellsboro, Pa. 53.9 56.99 13,754 12,496 10.07 837,276
101 Riverside Banking Co. Fort Pierce, Fla. 53.93 57.5 29,555 27,982 5.62 1,411,380
102 First of Long Island Corp. Glen Head, N.Y. 53.97 53.99 14,606 13,077 11.69 696,234
103 Midwest Banc Holdings Inc.
Melrose Park, Ill.
54.25 53.55 23,182 21,598 7.33 1,689,165
104 Colonial BancGroup Inc. Montgomery, Ala. 54.38 55.33 201,974 209,217 -3.46 12,500,919
105 BancWest Corp. Honolulu 54.5 55.49 446,488 398,499 12.04 19,754,213
106 BancFirst Ohio Corp. Zanesville, Ohio 54.68 57.49 25,220 24,382 3.44 1,500,235
107 SouthTrust Corp. Birmingham, Ala. 54.77 56.67 835,815 821,631 1.73 47,267,905
108 First Financial Corp. Terre Haute, Ind. 54.82 50.53 38,415 32,082 19.74 2,009,924
109 Wesbanco Inc. Wheeling, W.Va. 54.98 58.35 47,317 48,197 -1.83 2,465,947
110 First Bancorp
Troy, N.C.
55.01 61.39 20,550 20,650 -0.48 1,100,939
111 Hibernia Corp.
New Orleans
55.05 54.02 397,667 351,119 13.26 16,615,331
112 Greene County Bancshares Greeneville, Tenn. 55.07 60.48 20,268 20,331 -0.31 799,947
113 Farmers and Merchants Bancorp Lodi, Calif. 55.11 56.42 20,830 20,772 0.28 932,801
114 First Financial Bancorp
Hamilton, Ohio
55.13 53.88 90,494 88,518 2.23 3,819,477
115 City National Corp. Beverly Hills, Calif. 55.15 56.83 232,945 219,143 6.3 9,791,867
  1st Source Corp.
S Bend, Ind.
55.15 58.11 88,341 77,144 14.51 3,446,464
117 Dickinson Financial Corp II
Kansas City, Mo.
55.26 49.83 75,295 61,381 22.67 3,232,176
118 Univest Corp. of Pa. Souderton, Pa. 55.29 57.37 26,559 26,916 -1.33 1,238,329
119 Summit Bancshares Inc. Fort Worth 55.35 50.28 13,997 12,150 15.2 623,527
120 AmSouth Bancorp. Birmingham, Ala. 55.42 65.61 877,065 1,082,151 -18.95 38,304,434
121 National City Corp. Cleveland 55.46 57.26 2,462,082 2,325,459 5.88 97,215,024
122 First Virginia Banks Inc. Falls Church, Va. 55.52 58.75 244,619 241,118 1.45 10,330,864
123 UnionBanCal Corp. San Francisco 55.68 49.26 929,248 837,549 10.95 35,281,128
124 First Farmers and Merchants Corp Columbia, Tenn. 55.71 57.17 16,809 14,322 17.36 826,376
125 CPB Inc. Honolulu 55.73 57.6 37,535 37,227 0.83 1,829,149
126 Comerica Inc. Detroit 55.74 48.01 1,189,725 893,425 33.16 49,928,721
127 Southern Financial Bancorp Warrenton, Va. 55.76 59.33 12,772 9,682 31.91 755,741
128 Banknorth Group Inc. Portland, Maine 55.8 63 379,829 400,039 -5.05 18,176,549
129 Harleysville National Corp. Harleysville, Pa. 55.89 53.32 39,449 33,580 17.48 2,172,516
130 New Lenox Holding Co. New Lenox, Ill. 55.9 55.12 12,057 11,324 6.47 851,360
131 Seacoast Fin. Services Corp New Bedford, Mass. 55.93 55.5 47,996 38,040 26.17 3,335,926
132 First Commonwealth Financial Corp Indiana, Pa. 55.95 55.58 76,540 74,640 2.55 4,667,710
133 Main Street Trust Inc. Champaign, Ill. 55.97 64.76 23,793 26,864 -11.43 1,104,675
134 S.Y. Bancorp Inc. Louisville, Ky. 55.99 57.09 22,392 20,002 11.95 916,228
135 Farmers and Merchants Bancorp Archbold, Ohio 56.06 53.51 12,283 10,995 11.71 674,612
  Peapack-Gladstone Fin. Corp. Gladstone, N.J. 56.06 56.22 12,972 12,567 3.22 665,097
137 First Indiana Corp. Indianapolis 56.1 N/A 50,735 N/A N/A 2,131,017
138 MBNA Corp. Wilmington, Del. 56.16 60.53 3,275,131 2,715,618 20.6 43,091,467
139 Bank of New York Co. Inc. New York 56.17 51.84 2,112,387 1,865,322 13.25 89,677,447
140 American State Financial Corp. Lubbock, Tex. 56.28 56.88 27,983 24,192 15.67 1,372,741
141 M&T Bank Corp. Buffalo 56.31 54.74 679,450 460,266 47.62 31,139,058
142 Local Financial Corp. Oklahoma City 56.33 58.29 45,048 41,481 8.6 2,740,668
143 Sunflower Banks Inc. Salina, Kan. 56.39 59.49 20,020 20,152 -0.66 801,026
144 Fulton Financial Corp. Lancaster, Pa. 56.82 51.17 161,921 121,409 33.37 7,686,526
145 Hills Bancorp. Hills, Iowa 56.87 56.14 16,539 14,789 11.83 924,863
146 First Mutual Bancshares Inc. Bellevue, Wash 56.99 52.93 10,441 8,736 19.52 667,461
147 UNB Corp.
Canton, Ohio
57.01 55.53 23,967 20,579 16.46 1,109,850
148 Wayne Bancorp Inc. Wooster, Ohio 57.09 55.26 12,086 11,205 7.86 595,162
149 Central Bancompany Jefferson City, Mo. 57.19 57.33 123,611 116,838 5.8 5,613,239
150 Wilson Bank Holding Co. Lebanon, Tenn. 57.22 58.42 13,167 11,674 12.79 673,643

*Consolidated data from Y9-C reports; includes U.S. units of foreign companies.
**Noninterest expense divided by (total income minus interest expense)

© 2002 American Banker
Source: Thomson Financial /Sheshunoff Information Services (www.sheshunoff.com) /FONT>

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