U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits

Year to date through Jun. 30, 2016. Dollars in thousands.

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U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits

Rank Company City State Multiple Net income (loss) Salary and benefits Return on average assets
1 Beal Financial Corporation Plano Tex. 5.15 $70,494 $13,685 3.83
2 Severn Bancorp, Inc. Annapolis Md. 3.35 12,475 3,722 6.42
3 Clayton HC, Inc. Knoxville Tenn. 3.25 11,373 3,504 4.00
4 NexBank Capital, Inc. Dallas Tex. 2.98 23,106 7,741 2.99
5 Stearns Financial Services, Inc. Saint Cloud Minn. 2.53 17,242 6,817 3.44
6 Briscoe Ranch, Inc. Uvalde Tex. 2.46 5,421 2,204 1.29
7 Merchants Bancorp Carmel Ind. 2.42 7,625 3,147 1.20
8 Inwood Bancshares, Inc. Dallas Tex. 2.23 10,965 4,911 1.89
9 Bank of the Ozarks, Inc. Little Rock Ark. 2.19 54,474 24,920 1.91
10 Flushing Financial Corporation Uniondale N.Y. 2.15 30,435 14,157 2.07
11 Sterling Bancorp, Inc. Southfield Mich. 2.09 7,491 3,588 1.61
12 Capitol Federal Financial, Inc. Topeka Kan. 1.93 20,551 10,650 0.72
13 United National Corporation Sioux Falls S.D. 1.93 78,866 40,902 12.41
14 Lakeside Bancorp, Inc. Chicago Ill. 1.86 6,806 3,656 2.08
15 Villages Bancorporation, Inc. The Villages Fla. 1.80 5,161 2,870 1.04
16 Luther Burbank Corporation Santa Rosa Calif. 1.80 13,595 7,572 1.19
17 Discover Financial Services Riverwoods Ill. 1.78 615,521 345,005 2.80
18 Olney Bancshares of Texas, Inc. Olney Tex. 1.77 15,431 8,727 2.17
19 ServisFirst Bancshares, Inc. Birmingham Ala. 1.76 18,876 10,733 1.37
20 Industry Bancshares, Inc. Industry Tex. 1.74 12,078 6,930 1.41
21 Home BancShares, Inc. Conway Ark. 1.71 43,509 25,437 1.82
22 Cathay General Bancorp Los Angeles Calif. 1.62 34,831 21,501 1.06
23 Oritani Financial Corp. Township of Washington N.J. 1.58 12,950 8,181 1.42
24 Traditional Bancorporation, Inc. Mount Sterling Ky. 1.58 6,045 3,823 1.90
25 BofI Holding, Inc. San Diego Calif. 1.58 29,727 18,802 1.57
26 Washington Federal, Inc. Seattle Wash. 1.55 43,004 27,668 1.16
27 Eagle Bancorp, Inc. Bethesda Md. 1.55 24,664 15,909 1.59
28 Ally Financial Inc. Detroit Mich. 1.49 360,000 242,000 0.92
29 Amboy Bancorporation Old Bridge N.J. 1.48 8,296 5,620 1.42
30 New York Community Bancorp, Inc. Westbury N.Y. 1.47 126,460 85,848 1.04
31 Hometown Banc Corp Grand Island Neb. 1.46 4,902 3,367 1.59
32 RBB Bancorp Los Angeles Calif. 1.44 5,099 3,541 1.41
33 Prosperity Bancshares, Inc. Houston Tex. 1.41 68,071 48,225 1.24
34 East West Bancorp, Inc. Pasadena Calif. 1.41 103,284 73,479 1.27
35 ConnectOne Bancorp, Inc. Englewood Cliffs N.J. 1.40 10,859 7,754 1.03
36 WestStar Bank Holding Company, Inc. El Paso Tex. 1.39 6,135 4,405 2.14
37 American Express Company New York N.Y. 1.39 2,017,000 1,451,000 5.06
38 Ambank Company, Inc. Sioux Center Iowa 1.38 4,876 3,535 1.78
39 Western Alliance Bancorporation Phoenix Ariz. 1.38 61,614 44,713 1.55
40 Ida Grove Bancshares, Inc. Ida Grove Iowa 1.37 5,944 4,350 1.73
41 First NBC Bank Holding Company New Orleans La. 1.35 12,611 9,344 1.04
42 Manhattan Banking Corporation Manhattan Kan. 1.34 7,971 5,952 2.05
43 Lakeland Financial Corporation Warsaw Ind. 1.33 12,790 9,582 1.28
44 Pinnacle Bancorp, Inc. Omaha Neb. 1.33 41,392 31,042 1.77
45 National Bankshares, Inc. Blacksburg Va. 1.33 3,865 2,907 1.28
46 Synchrony Financial Stamford Conn. 1.32 489,212 369,312 2.40
47 PacWest Bancorp Beverly Hills Calif. 1.32 82,168 62,174 1.57
48 John Deere Capital Corporation Reno Nev. 1.30 70,269 54,101 0.78
49 West Bancorporation, Inc. West Des Moines Iowa 1.29 5,476 4,234 1.22
50 First Bancorp, Inc. Damariscotta Maine 1.29 4,624 3,578 1.16
51 INTRUST Financial Corporation Wichita Kan. 1.29 24,677 19,170 2.11
52 First Security Bancorp Searcy Ark. 1.28 25,949 20,283 2.07
53 Hometown Community Bancorp, Inc. Morton Ill. 1.27 11,371 8,949 1.35
54 Northern Bancorp, Inc. Woburn Mass. 1.25 5,230 4,191 1.45
55 Lauritzen Corporation Omaha Neb. 1.23 9,691 7,860 3.37
56 North American Bancshares, Inc. Sherman Tex. 1.22 8,745 7,165 1.51
57 Bank First National Corporation Manitowoc Wis. 1.22 3,758 3,080 1.16
58 Stockman Financial Corporation Miles City Mont. 1.22 14,169 11,654 1.83
59 FCB Financial Holdings, Inc. Weston Fla. 1.21 23,504 19,481 1.19
60 First Financial Bankshares, Inc. Abilene Tex. 1.20 26,809 22,260 1.67
61 Magnolia Banking Corporation Magnolia Ark. 1.20 5,690 4,726 1.79
62 NEB Corporation Fond du Lac Wis. 1.20 6,524 5,458 1.44
63 CVB Financial Corp. Ontario Calif. 1.18 25,514 21,558 1.28
64 TrustCo Bank Corp NY Glenville N.Y. 1.17 10,466 8,934 0.87
65 Dime Community Bancshares, Inc. Brooklyn N.Y. 1.16 11,208 9,662 0.81
66 Apple Financial Holdings, Inc. New York N.Y. 1.16 17,523 15,139 0.54
67 Sterling Bancorp Montebello N.Y. 1.15 37,770 32,859 1.19
68 Independence Bancshares, Inc. Owensboro Ky. 1.15 7,326 6,380 1.55
69 First Citizens Financial Corp. Mason City Iowa 1.13 4,467 3,956 1.49
70 Westamerica Bancorporation San Rafael Calif. 1.13 14,546 12,887 1.12
71 Central Valley Community Bancorp Fresno Calif. 1.11 6,058 5,441 1.93
72 Educational Services of America, Inc. Farragut Tenn. 1.09 4,428 4,064 0.51
73 First American Bank Corporation Elk Grove Village Ill. 1.08 14,290 13,189 1.69
74 Hills Bancorporation Hills Iowa 1.08 7,967 7,380 1.25
75 Customers Bancorp, Inc. Wyomissing Pa. 1.08 19,430 18,038 0.84
76 E*TRADE Financial Corporation New York N.Y. 1.07 133,012 124,053 1.10
77 Republic Bancorp Co. Oak Brook Ill. 1.07 6,105 5,722 1.41
78 First Guaranty Bancshares, Inc. Hammond La. 1.06 4,401 4,142 1.20
79 United Bankshares, Inc. Charleston W.Va. 1.06 31,792 29,925 0.99
80 Ames National Corporation Ames Iowa 1.06 4,099 3,860 1.24
81 Heartland Bancorp, Inc. Bloomington Ill. 1.06 13,015 12,329 1.75
82 Hope Bancorp, Inc. Los Angeles Calif. 1.05 23,390 22,177 1.15
83 First of Long Island Corporation Glen Head N.Y. 1.05 7,620 7,251 0.93
84 Choice Financial Holdings, Inc. Fargo N.D. 1.03 5,958 5,791 2.15
85 LegacyTexas Financial Group, Inc. Plano Tex. 1.03 23,216 22,567 1.20
86 Amarillo National Bancorp, Inc. Amarillo Tex. 1.03 13,181 12,846 1.43
87 BankUnited, Inc. Miami Lakes Fla. 1.02 56,725 55,664 0.89
88 First York Ban Corp. York Neb. 1.00 5,834 5,834 1.67
89 Crews Banking Corporation Wauchula Fla. 0.99 5,246 5,299 1.54
90 United Bank Corporation Barnesville Ga. 0.98 5,518 5,634 1.88
91 Hamilton State Bancshares, Inc. Hoschton Ga. 0.98 5,911 6,037 1.33
92 City Holding Company Charleston W.Va. 0.98 12,541 12,809 1.31
93 U.S. Bancorp Minneapolis Minn. 0.98 1,522,000 1,555,000 1.42
94 Enterprise Financial Services Corp Clayton Mo. 0.97 12,352 12,728 1.32
95 S&T Bancorp, Inc. Indiana Pa. 0.97 17,059 17,627 1.05
96 First Keystone Corporation Berwick Pa. 0.97 2,491 2,581 1.01
97 German American Bancorp, Inc. Jasper Ind. 0.96 9,788 10,184 1.36
98 United Community Bancorp, Inc. Chatham Ill. 0.96 6,140 6,395 1.35
99 USAmeriBancorp, Inc. Clearwater Fla. 0.96 10,396 10,876 1.09
100 Southern National Bancorp of Virginia, Inc. McLean Va. 0.95 2,790 2,926 1.03
101 International Bancshares Corporation Laredo Tex. 0.95 29,688 31,155 1.00
102 FirstBank Holding Company Lakewood Colo. 0.95 47,167 49,854 1.19
103 Starion Bancorporation Bismarck N.D. 0.94 4,299 4,593 1.43
104 Great Western Bancorp, Inc. Sioux Falls S.D. 0.93 26,360 28,235 1.01
105 Watford City Bancshares, Inc. Watford City N.D. 0.92 9,161 9,905 1.67
106 Franklin Financial Network, Inc. Franklin Tenn. 0.92 6,999 7,602 1.13
107 Citizens National Banc Corp. Meridian Miss. 0.92 4,706 5,142 1.47
108 PrivateBancorp, Inc. Chicago Ill. 0.91 50,365 55,326 1.13
109 Ironhorse Financial Group, Inc. Muskogee Okla. 0.91 6,934 7,636 2.01
110 Plains Bancorp, Inc. Dimmitt Tex. 0.91 3,911 4,316 1.39
111 1st Summit Bancorp of Johnstown, Inc. Johnstown Pa. 0.91 2,529 2,794 1.05
112 Paragon Commercial Corporation Raleigh N.C. 0.90 3,475 3,845 0.99
113 Midland Financial Co. Oklahoma City Okla. 0.90 47,306 52,396 1.55
114 Pinnacle Financial Partners, Inc. Nashville Tenn. 0.90 30,786 34,254 1.33
115 Bar Harbor Bankshares Bar Harbor Maine 0.90 4,311 4,799 1.04
116 Blackhawk Bancorporation, Inc. Milan Ill. 0.90 2,532 2,819 0.82
117 Texas Independent Bancshares, Inc. Texas City Tex. 0.90 4,642 5,174 1.90
118 First Bancorp, Inc. Lebanon Va. 0.89 4,997 5,584 1.34
119 Summit Financial Group, Inc. Moorefield W.Va. 0.89 4,243 4,763 1.10
120 Veritex Holdings, Inc. Dallas Tex. 0.88 3,173 3,589 1.11
121 Grandpoint Capital, Inc. Los Angeles Calif. 0.88 8,729 9,894 1.09
122 Hanmi Financial Corporation Los Angeles Calif. 0.88 14,148 16,060 1.31
123 Cardinal Financial Corporation McLean Va. 0.88 14,101 16,037 1.39
124 Central Community Corporation Temple Tex. 0.88 4,186 4,768 1.16
125 Parkway Bancorp, Inc. Harwood Heights Ill. 0.87 3,958 4,546 0.67
126 Bank of Hawaii Corporation Honolulu Hawaii 0.87 44,245 51,036 1.13
127 First Fidelity Bancorp, Inc. Oklahoma City Okla. 0.87 4,862 5,620 1.31
128 Valley View Bancshares, Inc. Overland Park Kan. 0.86 8,053 9,379 0.99
129 Capital Bank Financial Corp. Charlotte N.C. 0.84 17,402 20,606 0.93
130 M&T Bank Corporation Buffalo N.Y. 0.84 336,031 398,675 1.09
131 Farmers & Merchants Bancorp, Inc. Archbold Ohio 0.84 2,974 3,555 1.17
132 Stock Yards Bancorp, Inc. Louisville Ky. 0.83 10,109 12,108 1.42
133 Heritage Commerce Corp San Jose Calif. 0.83 7,295 8,742 1.25
134 Bridge Bancorp, Inc. Bridgehampton N.Y. 0.83 8,854 10,616 0.90
135 215 Holding Company Minneapolis Minn. 0.83 2,577 3,101 1.49
136 American National Corporation Omaha Neb. 0.83 9,681 11,651 1.31
137 Peoples Financial Services Corp. Scranton Pa. 0.83 4,855 5,848 1.03
138 Provident Financial Services, Inc. Iselin N.J. 0.83 21,358 25,741 0.94
139 First Artesia Bancshares, Inc. Artesia N.M. 0.83 4,002 4,832 1.45
140 Great Southern Bancorp, Inc. Springfield Mo. 0.83 12,534 15,151 1.15
141 Bank of Highland Park Financial Corporation Highland Park Ill. 0.82 2,822 3,430 0.77
142 Arbor Bancorp, Inc. Ann Arbor Mich. 0.82 4,153 5,052 1.38
143 Camden National Corporation Camden Maine 0.82 9,928 12,089 1.04
144 Southern Missouri Bancorp, Inc. Poplar Bluff Mo. 0.82 3,682 4,484 1.07
145 BOU Bancorp, Inc. Ogden Utah 0.82 4,534 5,527 1.84
146 Investors Bancorp, Inc. Short Hills N.J. 0.82 44,355 54,089 0.82
147 Territorial Bancorp Inc. Honolulu Hawaii 0.82 4,037 4,934 0.87
148 Glacier Bancorp, Inc. Kalispell Mont. 0.82 30,451 37,242 1.34
149 WesBanco, Inc. Wheeling W.Va. 0.82 22,108 27,063 1.04
150 Civista Bancshares Inc. Sandusky Ohio 0.82 5,181 6,354 1.47
151 OFG Bancorp San Juan P.R. 0.81 14,339 17,676 0.85
152 Merchants Bancshares, Inc. South Burlington Vt. 0.81 4,366 5,387 0.90
153 SVB Financial Group Santa Clara Calif. 0.81 92,964 114,927 0.86
154 Westbrand, Inc. Minot N.D. 0.81 2,898 3,584 1.14
155 Pacific Premier Bancorp, Inc. Irvine Calif. 0.81 10,369 12,835 1.17
156 Community Trust Bancorp, Inc. Pikeville Ky. 0.81 11,566 14,322 1.19
157 American National Bankshares Inc. Danville Va. 0.80 4,088 5,086 1.03
158 Level One Bancorp, Inc. Farmington Hills Mich. 0.80 3,556 4,427 1.35
159 Bankwell Financial Group, Inc. New Canaan Conn. 0.80 2,896 3,636 0.80
160 Arrow Financial Corporation Glens Falls N.Y. 0.79 6,647 8,408 1.07
161 Citizens Bancorp Investment, Inc. Lafayette Tenn. 0.79 2,183 2,765 1.03
162 Auburn National Bancorporation, Inc. Auburn Ala. 0.79 1,931 2,446 0.94
163 JPMorgan Chase & Co. New York N.Y. 0.79 6,200,000 7,867,000 1.02
164 Citizens & Northern Corporation Wellsboro Pa. 0.79 3,871 4,915 1.27
165 Sturm Financial Group, Inc. Denver Colo. 0.79 7,623 9,698 1.22
166 PNC Financial Services Group, Inc. Pittsburgh Pa. 0.79 966,027 1,228,986 1.08
167 MBT Financial Corp. Monroe Mich. 0.79 4,239 5,399 1.26
168 First Merchants Corporation Muncie Ind. 0.78 20,006 25,570 1.18
169 Penns Woods Bancorp, Inc. Williamsport Pa. 0.78 3,390 4,346 1.00
170 Royal Bancshares of Pennsylvania, Inc. Bala Cynwyd Pa. 0.78 2,034 2,608 1.01
171 Citizens Financial Services, Inc. Mansfield Pa. 0.78 3,031 3,900 1.02
172 Chemical Financial Corporation Midland Mich. 0.78 25,707 33,081 1.10
173 Lakeland Bancorp, Inc. Oak Ridge N.J. 0.77 10,130 13,091 0.92
174 First Volunteer Corporation Chattanooga Tenn. 0.77 3,255 4,211 1.43
175 RCB Holding Company, Inc. Claremore Okla. 0.77 7,824 10,166 1.22
176 Southside Bancshares, Inc. Tyler Tex. 0.77 11,395 14,849 0.90
177 Popular, Inc. Hato Rey P.R. 0.77 89,000 116,000 0.95
178 Park National Corporation Newark Ohio 0.76 19,998 26,150 1.09
179 Citigroup Inc. New York N.Y. 0.76 3,998,000 5,229,000 0.89
180 First Financial Bancorp. Cincinnati Ohio 0.76 22,568 29,526 1.10
181 River Valley Bancorporation, Inc. Wausau Wis. 0.76 4,113 5,391 1.52
182 Unity Bancorp, Inc. Clinton N.J. 0.76 2,824 3,709 1.02
183 United Community Banks, Inc. Blairsville Ga. 0.76 25,266 33,208 1.03
184 First Defiance Financial Corp. Defiance Ohio 0.76 7,363 9,734 1.23
185 Charles Schwab Corporation San Francisco Calif. 0.76 452,000 598,000 0.94
186 Independent Bank Corp. Rockland Mass. 0.75 20,376 27,092 1.13
187 Timberland Bancorp, Inc. Hoquiam Wash. 0.75 2,547 3,396 1.20
188 WSFS Financial Corporation Wilmington Del. 0.75 17,478 23,322 1.22
189 BNC Bancorp High Point N.C. 0.74 14,646 19,666 0.99
190 Longview Financial Corporation Longview Tex. 0.74 6,003 8,134 1.06
191 1867 Western Financial Corporation Stockton Calif. 0.74 6,951 9,455 1.09
192 Security National Corporation Dakota Dunes S.D. 0.73 4,081 5,565 1.15
193 Cullen/Frost Bankers, Inc. San Antonio Tex. 0.73 71,479 97,487 1.03
194 Wilson Bank Holding Co. Lebanon Tenn. 0.73 6,270 8,567 1.21
195 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 0.73 16,694 22,822 0.53
196 United Community Financial Corp. Youngstown Ohio 0.73 5,330 7,297 1.04
197 NorthWest Indiana Bancorp Munster Ind. 0.73 2,242 3,071 1.02
198 Anchor Bancorp, Inc. Saint Paul Minn. 0.73 5,357 7,363 1.10
199 Isabella Bank Corporation Mount Pleasant Mich. 0.73 3,407 4,686 0.81
200 Northfield Bancorp, Inc. Woodbridge N.J. 0.72 6,984 9,641 0.76

Note: Only domestic holding companies that file Y-9C reports are included. Based on Y-9C filings by top tier bank holding companies with the Federal Reserve.
Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Oct. 21, 2016.
© 2016 American Banker
Source: Financial Information Systems LLC (

www.FEDFIS.com
)