Top U.S. Banking Companies by Net Income as Multiple of Salaries, Benefits

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Top U.S. Banking Companies by Net Income as Multiple of Salaries, Benefits
Top U.S. Banking Companies by Net Income as Multiple of Salaries, Benefits

As of June 30, 2001; dollars in thousands
Published January 3, 2002
Rank   

Multiple 

Net income 

Salaries and benefits

Return on average assets

1 Hershenhorn Bancorp. Palatine, Ill. 9.31 $24,662 $2,648 3.98%
2 Dairyland Bank Holding Corp
La Crosse, Wis.
4.64 1,980 427 3.85
3 F.B.H. Corp. Fayette, Ala. 4.24 2,368 559 8.93
4 Amboy Bancorp. Old Bridge, N.J. 4.01 22,074 5,507 2.87
5 Germantown Banc Corp. 3.47 2,314 667 2.02
6 Kansas Natural Gas Inc. Hays 3.26 8,571 2,632 9.52
7 Security Bancshares Co.
Glencoe, Minn.
3.11 2,957 952 2.59
8 Forstrom Bancorp. Inc.
Clara City, Minn.
3.1 3,029 978 3.18
9 Vermillion Bancshares Inc. Vermillion, Minn. 2.84 3,081 1,086 3.03
10 Doral Financial Corp.
San Juan, P.R.
2.74 64,587 23,608 2.06
11 Yellowstone Holding Co.
Columbus, Mont.
2.7 3,498 1,294 3.03
12 New York Community Bancorp Inc. Westbury. 2.64 46,339 17,542 2.01
13 W Holding Co. Inc. Mayaguez, P.R. 2.64 29,092 11,018 1.25
14 North Fork Bancorp. Melville, N.Y. 2.62 156,646 59,681 2.05
15 Capitol Bancorp. Inc. Britton, S.D. 2.59 3,499 1,349 3.43
16 Stockmans Financial Group
Elk Grove, Calif.
2.57 3,343 1,302 3.69
17 SBC Inc. Countryside, Ill. 2.54 7,624 2,997 2.54
18 Albany Bancshares Inc. Tex. 2.48 2,594 1,045 2.66
19 United National Corp. Sioux Falls, S.D. 2.47 57,944 23,469 15.56
20 West Bancorp. Inc.
West Des Moines, Iowa
2.34 7,367 3,152 1.78
21 First Sleepy Eye Bancorp.
Sioux Falls, S.D.
2.24 2,249 1,004 2.5
22 FNC Inc. Storm Lake, Iowa 2.23 2,420 1,085 2.3
23 Chambanco Inc. Chambers, Neb. 2.22 481 217 2.51
24 Farmers Enterprises Inc.
Great Bend, Kan.
2.19 3,233 1,474 2.32
25 WVS Financial Corp Pittsburgh 2.17 2,561 1,178 1.27
26 Coastal Bancshares Inc.
Pearland, Tex.
2.09 3,182 1,520 2.94
27 First National Bancshares East Lansing, Mich. 2.03 10,828 5,327 2.58
28 Bosshard Banco Ltd. La Crosse, Wis. 2.02 1,895 940 1.4
29 First of McAlester Corp.
McAlester, Okla.
2.01 2,956 1,472 1.36
30 Thornton Holding Co.
Douglasville, Ga.
2 2,293 1,149 8.29
31 FBOP Corp. Oak Park, Ill. 1.99 65,110 32,672 2.02
32 WCN Bancorp Inc.
Wisconsin Rapids, Wis.
1.99 3,082 1,553 2.72
33 Carlsbad Bancorp Inc. N.M. 1.98 2,288 1,154 2.67
34 First Fabens Bancorp. Fabens, Tex. 1.97 2,167 1,100 2.68
35 PTB Corp. Salem, Ore. 1.96 2,798 1,429 2.49
36 Royal Bancshares of Pennsylvania Inc. Narberth 1.96 7,726 3,949 2.13
37 Stockman Financial Corp.
Miles City, Mont.
1.94 9,450 4,863 2.72
38 NSB Holding Corp. Ithaca, N.Y. 1.94 5,389 2,785 1.19
39 Gato Holdings Inc.
Thief River Falls, Minn.
1.94 1,716 887 2.02
40 Laurel Capital Group Inc.
Allison Park, Pa.
1.93 1,740 902 1.35
41 Fidelity Bancshares Inc.
Edina, Minn.
1.92 2,914 1,518 2.29
42 Magnolia Banking Corp.
Magnolia, Ark.
1.91 2,040 1,066 1.06
43

Grand Bank Corp.
Marblehead, Mass.

1.91 2,078 1,087 2.1
44 Olney Bancshares of Texas Olney 1.91 5,351 2,806 2.57
45 First State Bancshares Inc. Scottsbluff, Neb. 1.89 3,453 1,830 2.55
46 R&G Financial Corp. San Juan, P.R. 1.88 28,444 15,137 1.52
47 S & T Bancorp Inc. Indiana, Pa. 1.88 23,572 12,568 2.03
48 Lincoln S.B. Corp. Lincoln, Ill. 1.88 2,079 1,109 2.66
49 Community Bancshares
Marysville, Kan.
1.87 1,699 907 1.77
50 City National Bancshares Miami 1.87 22,783 12,216 2.43
51 Security Bancshares Inc.
Scott City, Kan.
1.84 2,683 1,456 1.67
52 New Tripoli Bancorp Inc. New Tripoli, Pa. 1.82 1,436 790 1.68
53 Pueblo Bancorp. Pueblo, Colo. 1.8 6,325 3,518 3.68
54 Charter One Financial Inc. Cleveland 1.77 235,202 132,598 1.39
55 Country Agencies & Invest
Odessa, Mo.
1.76 1,876 1,066 0.97
56 TrustCo Bank Corp. Glenville, N.Y. 1.74 22,970 13,223 1.85
57 Corus Bankshares Inc. Chicago 1.73 28,944 16,734 2.17
58 Calvin B. Taylor Bankshares Berlin, Md. 1.72 2,848 1,652 1.94
59 Massbank Corp. Reading, Mass. 1.72 5,433 3,163 1.14
60 Cathay Bancorp Inc. Los Angeles 1.7 19,578 11,507 1.73
61 Peoples Holding Co. Inc.
Coldwater, Ohio
1.68 1,869 1,114 1.69
62 Paris Bancshares Inc. Paris, Tex. 1.66 1,694 1,018 1.33
63 Bank of Southside Va. Corp. Carson, Va. 1.64 3,663 2,235 2.05
64 Mauston Bancorp Inc. La Crosse, Wis. 1.63 1,933 1,187 3.41
65 NBM Corp. McAlester, Okla. 1.63 3,159 1,942 2.49
66 WNB Bancshares Inc. Odessa, Tex. 1.62 4,542 2,800 2.83
67 Peoples Bancorp Inc. Prairie Du Chien, Wis. 1.62 1,538 952 1.53
68 Dentel Bancorp. Victor, Iowa 1.61 1,233 766 1.49
69 Fairfield Bancshares Inc. Fairfield, Ill. 1.61 1,409 876 1.5
70 First National Talladega Corp. Talladega, Ala. 1.61 1,725 1,073 1.78
71 American National Corp. Omaha 1.59 8,441 5,307 2.39
72 Citizens Bancshares Inc. Somerset, Ky. 1.58 2,417 1,533 1.66
73 Hollis Bancshares Inc. Hollis, Okla. 1.57 1,889 1,207 7.13
74 Inwood Bancshares Inc. Dallas 1.56 7,532 4,823 2.62
75 Ames National Corp. Ames, Iowa 1.55 5,298 3,409 1.7
76 First National Security Co.
De Queen, Ark.
1.55 $3,643 $2,349 1.62%
77 Investors Bancorp MHC.
Millburn, N.J.
1.55 16,333 10,533 0.85
78 Westamerica Bancorp.
San Rafael, Calif.
1.55 41,182 26,569 2.09
79 Fidelity Corp. Burke, S.D. 1.54 2,514 1,631 2.59
80 Delta Bancshares Co. St. Louis 1.54 3,649 2,368 1.14
81 GBC Bancorp Los Angeles 1.54 16,152 10,510 1.1
82 Heritage Group Inc. Aurora, Neb. 1.53 3,733 2,433 1.85
83 Fidelity Financial Corp. of Michigan Birmingham 1.52 2,689 1,769 2.41
84 Peoples Financial Services Corp. Hallstead, Pa. 1.52 2,259 1,488 1.56
85 Tejas Bancshares Inc.
Amarillo, Tex.
1.52 4,087 2,694 2.25
86 Barnes Bancorp. Kaysville, Utah 1.52 4,763 3,142 2.23
87 International Bancshares Corp. Laredo, Tex. 1.5 41,505 27,579 1.4
88 First Bancorp San Juan, P.R. 1.49 38,958 26,219 1.29
89 Valley View Bancshares Inc. Overland Park, Kan. 1.48 17,283 11,668 1.69
90 Mississippi Valley Bancshares
St. Louis
1.48 13,150 8,914 1.33
91 First McMinnville Corp. Tenn. 1.46 1,903 1,302 1.4
92 Hayward Bancshares
Eau Claire, Wis.
1.46 1,465 1,003 1.54
93 FABP Bancshares Inc.
Pensacola, Fla.
1.46 2,411 1,651 1.6
94 Landmark Bancshares Inc.
Euless, Tex.
1.46 1,877 1,288 2.25
95 New Era Bancorp Inc. Fredericktown, Mo. 1.45 1,199 825 1.31
96 Peoples Financial Corp. Inc.
Ford City, Pa.
1.45 2,139 1,473 1.37
97 MBT Financial Corp. Monroe, Mich. 1.45 9,768 6,739 1.38
98 Northern Empire Bancshares Santa Rosa, Calif. 1.44 4,323 3,003 1.68
99 United Security Bancshares Fresno, Calif. 1.44 3,187 2,214 1.64
100 304 Corp. Omaha 1.44 1,335 929 1.44
101 First Bemidji Holding Co.
Bemidji, Minn.
1.43 2,690 1,878 1.88
102

Security Bank Shares Inc.
Iron River, Wis.

1.43 968 678 2.72
103 United Bancorp. of Wyoming Jackson 1.43 8,329 5,844 2.46
104 Edmonton Bancshares Inc. Ky. 1.42 2,159 1,519 1.99
105 Ellettsville Bancshares Inc. Ind. 1.41 1,838 1,302 2.01
106 Central Valley Bancorp
Modesto, Calif.
1.41 1,370 972 2.36
107 Cornerstone Financial Services Group Ottumwa, Iowa 1.4 1,550 1,104 1.43
108 Auburn National Bancorp.
Auburn, Ala.
1.4 2,923 2,086 1.33
109 Peak Banks of Colorado Inc. Nederland 1.4 2,367 1,691 8.7
110 Hudson City MHC Paramus, N.J. 1.39 36,011 25,823 0.74
111 Farmers Bancorp Inc.
Blytheville, Ark.
1.39 1,353 975 1.59
112 Frontier Financial Corp.
Everett, Wash.
1.38 15,752 11,408 1.74
113 F & M Bank Corp. Timberville, Va. 1.38 2,157 1,563 1.77
114 Waseca Bancshares Inc.
Waseca, Minn.
1.37 1,245 908 1.41
115 Park National Corp. Newark, Ohio 1.37 39,273 28,717 2.01
116 IBT Bancorp Inc. Irwin, Pa. 1.36 3,649 2,685 1.44
117 Kenbancorp Kentland, Ind. 1.34 1,277 950 2.4
118 Citizens Bankshares Inc. Farmington, N.M. 1.34 3,961 2,947 2.32
119 Penns Woods Bancorp Inc.
Jersey Shore, Pa.
1.34 3,490 2,598 1.77
120 Stearns Financial Services St. Cloud, Minn. 1.34 7,968 5,933 1.75
121 Lakeside Bancorp Inc. Chicago 1.34 3,809 2,838 2.25
122 First National Bancshares Camdenton, Mo. 1.34 1,670 1,245 1.58
123 Texas Regional Bancshares McAllen 1.34 19,041 14,203 1.54
124 United Bankshares Inc.
Charleston, W.Va.
1.32 39,136 29,580 1.57
125 Discount Bancorp Inc. New York 1.32 33,571 25,453 1.14
126 New Lenox Holding Co.
New Lenox, Ill.
1.32 6,098 4,631 1.56
127 American Holding Co.
Highland Park, Ill.
1.31 2,555 1,945 0.89
128 First Pryor Bancorp Inc. Pryor, Okla. 1.31 1,736 1,322 1.9
129 First Independent Invest Group Vancouver, Wash. 1.31 7,215 5,499 2.09
130 Hudson Valley Holding Corp. Yonkers, N.Y. 1.31 9,435 7,199 1.44
131 Valley National Bancorp
Wayne, N.J.
1.3 63,122 48,540 1.68
132 Security Holding Co. Fredericksburg, Tex. 1.3 4,022 3,101 1.98
133 Bancorp Connecticut Inc. Southington 1.29 4,536 3,515 1.46
134 Merchants Bancorp Inc.
Hillsboro, Ohio
1.29 2,180 1,690 1.55
135 Harleysville Savings Financial Corp. Pa. 1.29 1,956 1,518 0.74
136 Boiling Springs MHC
Rutherford, N.J.
1.28 4,078 3,177 1.08
137 Concordia Capital Corp Vidalia, La. 1.28 2,305 1,797 1.31
138 First Keystone Corp. Berwick, Pa. 1.28 2,447 1,911 1.3
139 East West Bancorp Inc.
San Marino, Calif.
1.28 19,500 15,263 1.53
140 Great Southern Bancorp Inc. Springfield, Mo. 1.27 9,259 7,294 1.59
141 Grange National Banc Corp. Tunkhannock, Pa. 1.27 1,425 1,124 1.43
142 United Community Bancorp Chatham, Ill. 1.27 3,405 2,687 1.46
143 Greenpoint Financial Corp.
New York
1.27 164,301 129,704 1.89
144 Bridge View Bancorp
Englewood Cliffs, N.J.
1.26 2,068 1,641 1.78
145 Belle Fourche Bancshares
Belle Fourche, S.D.
1.26 2,080 1,652 1.64
146 Silicon Valley Bancshares
Santa Clara, Calif.
1.26 57,468 45,684 2.33
147 Wilson & Muir Bancorp Inc. Bardstown, Ky. 1.25 2,839 2,266 2.33
148 Nodaway Valley Bancshares Maryville, Mo. 1.25 2,508 2,002 1.46
149 Tower Bancorp Inc.
Greencastle, Pa.
1.25 2,012 1,613 1.75
150 Prophetstown Banking Co. Prophetstown, Ill. 1.23 1,070 872 1.11

Only bank holding companies that file Y-9C reports with the Fed were included.

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