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

Year to date through Jun. 30, 2018. 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. 6.06 $78,364 $12,931 4.16
2 H Bancorp LLC Irvine Calif. 5.79 26,089 4,506 7.39
3 Briscoe Ranch, Inc. Uvalde Tex. 4.72 11,510 2,440 2.56
4 NexBank Capital, Inc. Dallas Tex. 3.55 35,115 9,889 1.79
5 ATBancorp Dubuque Iowa 3.49 18,287 5,234 4.68
6 Big Poppy Holdings, Inc. Santa Rosa Calif. 3.24 10,179 3,143 2.43
7 Parke Bancorp, Inc. Sewell N.J. 3.13 6,111 1,953 2.00
8 BancTenn Corp. Kingsport Tenn. 2.75 16,627 6,039 5.12
9 Pacific Mercantile Bancorp Costa Mesa Calif. 2.63 15,369 5,854 4.55
10 ServisFirst Bancshares, Inc. Birmingham Ala. 2.56 33,539 13,097 1.90
11 Olney Bancshares of Texas, Inc. Olney Tex. 2.52 22,857 9,088 2.60
12 Inwood Bancshares, Inc. Dallas Tex. 2.47 13,433 5,437 2.04
13 Oritani Financial Corp. Township of Washington N.J. 2.38 13,504 5,674 1.31
14 Cathay General Bancorp Los Angeles Calif. 2.38 73,664 30,977 1.87
15 Sterling Bancorp, Inc. Southfield Mich. 2.27 15,981 7,051 2.08
16 Popular, Inc. Hato Rey P.R. 2.26 280,000 124,000 2.39
17 Lauritzen Corporation Omaha Neb. 2.21 21,330 9,660 6.68
18 Home BancShares, Inc. Conway Ark. 2.21 76,025 34,476 2.13
19 Merchants Bancorp Carmel Ind. 2.17 15,652 7,208 1.70
20 Malaga Financial Corporation Palos Verdes Estates Calif. 2.13 3,746 1,758 1.43
21 MetroCity Bankshares, Inc. Doraville Ga. 2.12 10,700 5,054 3.20
22 Eagle Bancorp, Inc. Bethesda Md. 2.09 37,296 17,812 1.91
23 RBB Bancorp Los Angeles Calif. 2.00 9,436 4,708 2.17
24 Lakeland Financial Corporation Warsaw Ind. 1.98 20,129 10,170 1.70
25 John Deere Capital Corporation Reno Nev. 1.97 124,568 63,243 1.36
26 Sterling Bancorp Montebello N.Y. 1.95 114,241 58,533 1.47
27 Capitol Federal Financial, Inc. Topeka Kan. 1.90 22,372 11,746 0.84
28 United National Corporation Sioux Falls S.D. 1.88 84,027 44,580 11.22
29 East West Bancorp, Inc. Pasadena Calif. 1.83 172,349 94,100 1.83
30 First National Bancshares, Inc. East Lansing Mich. 1.82 11,000 6,029 2.80
31 FCB Financial Holdings, Inc. Weston Fla. 1.82 42,734 23,426 1.45
32 ConnectOne Bancorp, Inc. Englewood Cliffs N.J. 1.80 17,527 9,736 1.37
33 Synchrony Financial Stamford Conn. 1.74 696,277 401,285 2.89
34 Western Alliance Bancorporation Phoenix Ariz. 1.69 104,679 61,785 2.01
35 CVB Financial Corp. Ontario Calif. 1.66 35,373 21,336 1.73
36 PacWest Bancorp Beverly Hills Calif. 1.66 115,735 69,913 1.93
37 Discover Financial Services Riverwoods Ill. 1.65 668,333 404,246 2.62
38 Washington Federal, Inc. Seattle Wash. 1.63 51,394 31,556 1.30
39 Pinnacle Bancorp, Inc. Omaha Neb. 1.61 58,423 36,205 2.23
40 AFNB Holdings, Inc. Houston Tex. 1.59 6,580 4,147 1.70
41 E*TRADE Financial Corporation New York N.Y. 1.57 250,618 159,276 1.56
42 Bridgewater Bancshares, Inc. Bloomington Minn. 1.57 6,746 4,306 1.57
43 BT Holdings, Inc. Quitman Tex. 1.55 4,820 3,100 1.04
44 City Holding Company Cross Lanes W.Va. 1.54 20,972 13,660 1.99
45 Prosperity Bancshares, Inc. Houston Tex. 1.53 81,598 53,360 1.44
46 International Bancshares Corporation Laredo Tex. 1.52 52,887 34,692 1.73
47 Traditional Bancorporation, Inc. Mount Sterling Ky. 1.51 5,987 3,952 1.64
48 Industry Bancshares, Inc. Industry Tex. 1.51 12,769 8,437 1.30
49 WestStar Bank Holding Company, Inc. El Paso Tex. 1.48 10,575 7,138 2.40
50 Villages Bancorporation, Inc. The Villages Fla. 1.46 7,606 5,201 1.45
51 Blackhawk Bancorporation, Inc. Milan Ill. 1.45 4,878 3,353 1.49
52 TrustCo Bank Corp NY Glenville N.Y. 1.43 15,404 10,741 1.25
53 West Bancorporation, Inc. West Des Moines Iowa 1.42 6,764 4,775 1.26
54 Sterling Bancshares, Inc. Poplar Bluff Mo. 1.42 3,721 2,628 1.19
55 First Financial Bankshares, Inc. Abilene Tex. 1.40 37,633 26,952 1.97
56 1867 Western Financial Corporation Stockton Calif. 1.38 14,188 10,281 1.92
57 BankUnited, Inc. Miami Lakes Fla. 1.38 89,900 65,258 1.17
58 Hometown Banc Corp Grand Island Neb. 1.38 5,181 3,764 1.55
59 First Security Bancorp Searcy Ark. 1.37 29,696 21,601 2.15
60 Westamerica Bancorporation San Rafael Calif. 1.37 18,010 13,186 1.29
61 Crews Banking Corporation Wauchula Fla. 1.36 7,949 5,861 2.12
62 Pinnacle Financial Partners, Inc. Nashville Tenn. 1.35 86,865 64,111 1.49
63 Cache Valley Banking Company Logan Utah 1.35 6,361 4,727 2.19
64 First Bancorp, Inc. Damariscotta Maine 1.34 5,734 4,268 1.22
65 New York Community Bancorp, Inc. Westbury N.Y. 1.34 107,354 80,315 0.87
66 Enterprise Financial Services Corp Clayton Mo. 1.34 22,251 16,658 1.64
67 Great Western Bancorp, Inc. Sioux Falls S.D. 1.31 45,873 35,051 1.54
68 First Citizens Financial Corp. Mason City Iowa 1.31 5,559 4,249 1.75
69 SVB Financial Group Santa Clara Calif. 1.31 237,798 181,764 1.74
70 Amarillo National Bancorp, Inc. Amarillo Tex. 1.30 20,531 15,734 2.07
71 Comerica Incorporated Dallas Tex. 1.30 326,093 250,134 1.84
72 Axos Financial, Inc. San Diego Calif. 1.30 37,117 28,562 1.56
73 Veritex Holdings, Inc. Dallas Tex. 1.29 10,193 7,902 1.33
74 Capital One Financial Corporation McLean Va. 1.29 1,906,236 1,478,177 2.09
75 Ida Grove Bancshares, Inc. Ida Grove Iowa 1.29 6,323 4,915 1.65
76 NEB Corporation Fond du Lac Wis. 1.28 7,862 6,126 1.69
77 American Express Company New York N.Y. 1.27 1,623,000 1,280,000 3.68
78 Chemical Financial Corporation Detroit Mich. 1.27 70,414 55,600 1.42
79 Southern National Bancorp of Virginia, Inc. McLean Va. 1.27 8,867 7,007 1.31
80 United Bankshares, Inc. Charleston W.Va. 1.26 66,274 52,418 1.41
81 Stearns Financial Services, Inc. Saint Cloud Minn. 1.26 13,622 10,784 2.70
82 First Merchants Corporation Muncie Ind. 1.23 39,634 32,192 1.63
83 Luther Burbank Corporation Santa Rosa Calif. 1.23 11,226 9,149 0.71
84 First Commonwealth Financial Corporation Indiana Pa. 1.22 32,081 26,345 1.70
85 First Financial Corporation Terre Haute Ind. 1.22 15,261 12,536 2.05
86 Southside Bancshares, Inc. Tyler Tex. 1.21 20,203 16,633 1.29
87 Heartland Bancorp, Inc. Bloomington Ill. 1.21 14,860 12,243 2.04
88 BSB Bancorp, Inc. Belmont Mass. 1.21 6,068 5,022 0.87
89 Union Bankshares Corporation Richmond Va. 1.21 47,327 39,189 1.43
90 Citizens National Banc Corp. Meridian Miss. 1.21 7,068 5,856 2.07
91 Green Bancorp, Inc. Houston Tex. 1.20 16,421 13,640 1.54
92 FirstBank Holding Company Lakewood Colo. 1.19 66,982 56,173 1.50
93 Ally Financial Inc. Detroit Mich. 1.19 349,000 293,000 0.82
94 Stockman Financial Corporation Miles City Mont. 1.18 16,363 13,824 1.86
95 Citizens & Northern Corporation Wellsboro Pa. 1.18 6,371 5,393 2.00
96 M&T Bank Corporation Buffalo N.Y. 1.18 493,160 418,537 1.69
97 Bank First National Corporation Manitowoc Wis. 1.18 6,400 5,445 1.43
98 Charles Schwab Corporation San Francisco Calif. 1.17 866,000 740,000 1.37
99 United Bank Corporation Barnesville Ga. 1.17 7,239 6,187 2.13
100 NexTier Incorporated Kittanning Pa. 1.17 4,943 4,239 1.55
101 Hills Bancorporation Hills Iowa 1.16 10,064 8,649 1.35
102 Northfield Bancorp, Inc. Woodbridge N.J. 1.16 10,611 9,123 1.02
103 LegacyTexas Financial Group, Inc. Plano Tex. 1.16 27,836 24,009 1.24
104 Hometown Community Bancorp, Inc. Morton Ill. 1.16 13,627 11,798 1.46
105 S&T Bancorp, Inc. Indiana Pa. 1.15 21,436 18,611 1.22
106 Hope Bancorp, Inc. Los Angeles Calif. 1.15 47,530 41,308 1.30
107 Manhattan Banking Corporation Manhattan Kan. 1.15 6,960 6,066 1.53
108 National Bankshares, Inc. Blacksburg Va. 1.14 4,041 3,545 1.28
109 Security Star Bancshares, Inc. Midland Tex. 1.14 4,343 3,816 2.10
110 Unity Bancorp, Inc. Clinton N.J. 1.14 5,398 4,754 1.53
111 Choice Financial Holdings, Inc. Fargo N.D. 1.13 6,167 5,447 1.95
112 Timberland Bancorp, Inc. Hoquiam Wash. 1.13 4,416 3,912 1.78
113 Plains Bancorp, Inc. Dimmitt Tex. 1.12 5,231 4,664 1.66
114 Arbor Bancorp, Inc. Ann Arbor Mich. 1.12 7,036 6,310 1.77
115 Midland Financial Co. Oklahoma City Okla. 1.11 69,084 62,102 1.88
116 Carolina Financial Corporation Charleston S.C. 1.11 14,966 13,498 1.65
117 Malvern Bancorp, Inc. Paoli Pa. 1.11 2,243 2,026 0.85
118 Independent Bank Group, Inc. McKinney Tex. 1.11 29,635 26,790 1.29
119 OFG Bancorp San Juan P.R. 1.10 19,649 17,817 1.23
120 Fidelity Financial Corporation Wichita Kan. 1.10 9,830 8,951 1.63
121 Starion Bancorporation Bismarck N.D. 1.10 5,241 4,774 1.64
122 Radius Bancorp, Inc. Boston Mass. 1.09 6,031 5,525 2.02
123 First of Long Island Corporation Glen Head N.Y. 1.09 10,315 9,497 0.97
124 Educational Services of America, Inc. Farragut Tenn. 1.09 6,516 6,003 0.85
125 Valley View Bancshares, Inc. Overland Park Kan. 1.08 9,685 8,948 1.28
126 215 Holding Company Minneapolis Minn. 1.08 3,338 3,089 1.87
127 United Community Financial Corp. Youngstown Ohio 1.06 9,541 8,967 1.40
128 Cullen/Frost Bankers, Inc. San Antonio Tex. 1.06 111,341 105,177 1.44
129 Fifth Third Bancorp Cincinnati Ohio 1.06 585,782 554,436 1.65
130 Dime Community Bancshares, Inc. Brooklyn N.Y. 1.06 12,321 11,667 0.79
131 Macatawa Bank Corporation Holland Mich. 1.05 6,728 6,404 1.43
132 First Artesia Bancshares, Inc. Artesia N.M. 1.05 5,063 4,824 1.84
133 First Internet Bancorp Fishers Ind. 1.05 6,008 5,732 0.82
134 Moody Bancshares, Inc. Galveston Tex. 1.05 4,495 4,291 1.69
135 Apple Financial Holdings, Inc. New York N.Y. 1.05 22,120 21,133 0.67
136 Republic Bancorp Co. Oak Brook Ill. 1.05 6,791 6,493 1.39
137 First Bank Corp Fort Smith Ark. 1.04 8,227 7,928 1.92
138 Silver Queen Financial Services, Inc. Greenwood Village Colo. 1.04 2,231 2,150 0.48
139 Security National Corporation Dakota Dunes S.D. 1.04 5,846 5,640 1.63
140 Bank of Hawaii Corporation Honolulu Hawaii 1.04 54,718 52,801 1.29
141 Guaranty Bancorp Denver Colo. 1.03 13,263 12,847 1.42
142 Norwood Financial Corp. Honesdale Pa. 1.03 3,513 3,406 1.22
143 First Volunteer Corporation Chattanooga Tenn. 1.03 4,963 4,823 2.03
144 People's Utah Bancorp American Fork Utah 1.03 10,467 10,196 1.92
145 Independent Bank Corp. Rockland Mass. 1.02 31,118 30,406 1.51
146 First Farmers Financial Corporation Converse Ind. 1.02 6,703 6,557 1.59
147 Horizon Bancorp, Inc. Michigan City Ind. 1.02 14,115 13,809 1.41
148 Washington Trust Bancorp, Inc. Westerly R.I. 1.02 17,674 17,336 1.52
149 First Community Bankshares, Inc. Bluefield Va. 1.01 9,068 8,962 1.53
150 Farmers & Merchants Bancorp, Inc. Archbold Ohio 1.01 4,114 4,073 1.48
151 First Bancorp Southern Pines N.C. 1.01 22,730 22,530 1.60
152 First Bancorp, Inc. Lebanon Va. 1.01 6,834 6,778 1.56
153 Ames National Corporation Ames Iowa 1.00 4,317 4,328 1.26
154 Synovus Financial Corp. Columbus Ga. 0.99 111,182 111,863 1.41
155 Arrow Financial Corporation Glens Falls N.Y. 0.99 9,730 9,812 1.38
156 Citizens Financial Services, Inc. Mansfield Pa. 0.99 4,691 4,737 1.35
157 PNC Financial Services Group, Inc. Pittsburgh Pa. 0.99 1,345,754 1,359,627 1.43
158 Franklin Financial Network, Inc. Franklin Tenn. 0.99 10,161 10,268 0.97
159 Texas Capital Bancshares, Inc. Dallas Tex. 0.99 71,436 72,205 1.16
160 Sandy Spring Bancorp, Inc. Olney Md. 0.99 24,399 24,664 1.23
161 First Paragould Bankshares, Inc. Paragould Ark. 0.99 3,838 3,889 1.14
162 JPMorgan Chase & Co. New York N.Y. 0.98 8,316,000 8,445,000 1.27
163 Ambank Company, Inc. Sioux Center Iowa 0.98 4,786 4,870 1.62
164 Bankwell Financial Group, Inc. New Canaan Conn. 0.98 4,715 4,823 1.02
165 First Busey Corporation Champaign Ill. 0.98 24,862 25,472 1.30
166 American National Corporation Omaha Neb. 0.98 12,912 13,240 1.40
167 Emprise Financial Corporation Wichita Kan. 0.97 7,257 7,478 1.70
168 American National Bankshares Inc. Danville Va. 0.96 5,980 6,206 1.31
169 Camden National Corporation Camden Maine 0.96 12,217 12,728 1.18
170 Metropolitan Bank Holding Corp. New York N.Y. 0.96 5,865 6,125 1.20
171 Meridian Bancorp, Inc. Peabody Mass. 0.96 14,062 14,716 1.01
172 Commerce Bancshares, Inc. Kansas City Mo. 0.95 110,330 115,589 1.79
173 FB Corporation Creve Coeur Mo. 0.95 24,991 26,193 1.58
174 WesBanco, Inc. Wheeling W.Va. 0.95 33,169 34,835 1.21
175 Alpine Banks of Colorado Glenwood Springs Colo. 0.95 14,482 15,217 1.63
176 U.S. Bancorp Minneapolis Minn. 0.95 1,750,000 1,841,000 1.53
177 BayCom Corp Walnut Creek Calif. 0.95 4,289 4,514 1.32
178 Longview Financial Corporation Longview Tex. 0.95 8,564 9,018 1.41
179 Bank of Marin Bancorp Novato Calif. 0.95 7,891 8,316 1.27
180 Lakeland Bancorp, Inc. Oak Ridge N.J. 0.95 15,838 16,708 1.16
181 Vision Bancshares, Inc. Laredo Tex. 0.95 3,835 4,047 1.14
182 Financial Institutions, Inc. Warsaw N.Y. 0.95 12,170 12,871 1.17
183 TriState Capital Holdings, Inc. Pittsburgh Pa. 0.94 14,592 15,466 1.15
184 Southern Missouri Bancorp, Inc. Poplar Bluff Mo. 0.94 5,639 5,984 1.21
185 Stock Yards Bancorp, Inc. Louisville Ky. 0.94 13,579 14,410 1.73
186 Investors Bancorp, Inc. Short Hills N.J. 0.94 57,097 60,856 0.90
187 1st Summit Bancorp of Johnstown, Inc. Johnstown Pa. 0.94 2,892 3,091 1.10
188 Pacific Premier Bancorp, Inc. Irvine Calif. 0.94 27,303 29,193 1.34
189 Citizens Financial Group, Inc. Providence R.I. 0.93 425,580 455,604 1.10
190 Great Southern Bancorp, Inc. Springfield Mo. 0.93 13,839 14,855 1.23
191 BOU Bancorp, Inc. Ogden Utah 0.93 6,005 6,455 1.84
192 Territorial Bancorp Inc. Honolulu Hawaii 0.93 4,963 5,335 0.98
193 WSFS Financial Corporation Wilmington Del. 0.93 28,748 30,959 1.64
194 1st Source Corporation South Bend Ind. 0.93 21,964 23,696 1.42
195 German American Bancorp, Inc. Jasper Ind. 0.92 11,097 12,019 1.37
196 Brookline Bancorp, Inc. Boston Mass. 0.92 20,831 22,565 1.14
197 Valley National Bancorp Wayne N.J. 0.92 72,802 78,944 0.98
198 Pedestal Bancshares, Inc. Houma La. 0.92 5,183 5,629 1.74
199 MBT Financial Corp. Monroe Mich. 0.92 4,945 5,371 1.49
200 FirstPerryton Bancorp, Inc. Perryton Tex. 0.92 3,682 4,022 1.46

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 Nov. 2, 2018.
Source: Financial Information Systems LLC (

www.FEDFIS.com
)