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

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

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U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary, Benefits
Rank Company City State Multiple Net income (loss) Salary and benefits Return on average assets
1 Lauritzen Corp. Omaha Neb. 4.71 $36,800 $7,806 12.40%
2 Beal Financial Corp. Plano Texas 4.49 92,510 20,589 4.58
3 Briscoe Ranch Inc. Uvalde Texas 3.74 8,067 2,157 1.93
4 Xenith Bankshares Inc. Richmond Va. 3.47 47,864 13,781 6.71
5 Clayton HC Inc. Knoxville Tenn. 3.25 11,695 3,600 4.08
6 Merchants Bancorp Carmel Ind. 3.09 11,599 3,749 1.61
7 Sterling Bancorp Inc. Southfield Mich. 2.81 10,101 3,592 2.00
8 NexBank Capital Inc. Dallas Texas 2.68 17,605 6,565 2.04
9 Lakeside Bancorp Inc. Chicago Ill. 2.64 10,821 4,102 3.24
10 Inwood Bancshares Inc. Dallas Texas 2.20 11,147 5,057 1.85
11 Cathay General Bancorp Los Angeles Calif. 2.01 46,090 22,881 1.39
12 Bank of the Ozarks Inc. Little Rock Ark. 2.00 76,031 38,069 1.81
Olney Bancshares of Texas Inc. Olney Texas 2.00 17,382 8,707 2.43
14 Capitol Federal Financial Inc. Topeka Kan. 1.95 20,698 10,615 0.73
15 ServisFirst Bancshares Inc. Birmingham Ala. 1.91 20,909 10,958 1.40
16 Discover Financial Services Riverwoods Ill. 1.84 639,157 347,169 2.86
17 Stearns Financial Services Inc. St. Cloud Minn. 1.76 12,284 6,975 2.47
18 United National Corp. Sioux Falls S.D. 1.73 77,048 44,567 12.26
19 Amboy Bancorp. Old Bridge N.J. 1.72 9,350 5,440 1.57
20 Home BancShares Inc. Conway Ark. 1.70 43,620 25,623 1.82
21 John Deere Capital Corp. Reno Nev. 1.67 94,588 56,480 1.07
22 Washington Federal Inc. Seattle Wash. 1.64 44,224 26,907 1.19
23 Hawaiian Electric Industries Inc. Honolulu Hawaii 1.63 127,142 78,069 4.21
24 Synchrony Financial Stamford Conn. 1.62 603,684 373,295 2.84
25 RBB Bancorp Los Angeles Calif. 1.60 5,577 3,481 1.54
26 1867 Western Financial Corp. Stockton Calif. 1.58 14,661 9,276 2.28
27 Traditional Bancorp. Inc. Mount Sterling Ky. 1.56 6,103 3,900 1.86
Industry Bancshares Inc. Industry Texas 1.56 11,122 7,121 1.28
29 Manhattan Banking Corp. Manhattan Kan. 1.55 9,199 5,922 2.28
30 Luther Burbank Corp. Santa Rosa Calif. 1.54 14,694 9,518 1.23
31 ConnectOne Bancorp Inc. Englewood Cliffs N.J. 1.52 11,856 7,790 1.09
32 PacWest Bancorp Beverly Hills Calif. 1.50 93,895 62,661 1.79
BofI Holding Inc. San Diego Calif. 1.50 28,897 19,307 1.53
34 Villages Bancorp. Inc. The Villages Fla. 1.49 5,558 3,735 1.10
35 Oritani Financial Corp. Township of Washington N.J. 1.48 10,612 7,153 1.15
36 East West Bancorp Inc. Pasadena Calif. 1.46 110,143 75,247 1.34
Silver Queen Financial Services Inc. Greenwood Village Colo. 1.46 3,071 2,108 0.63
New York Community Bancorp Inc. Westbury N.Y. 1.46 125,298 86,079 1.02
39 Educational Services of America Inc. Farragut Tenn. 1.45 6,522 4,487 0.76
40 Central Community Corp. Temple Texas 1.43 6,726 4,702 1.92
Lakeland Financial Corp. Warsaw Ind. 1.43 13,480 9,434 1.30
Stockman Financial Corp. Miles City Mont. 1.43 16,918 11,863 2.14
43 Prosperity Bancshares Inc. Houston Texas 1.42 68,652 48,327 1.27
Eagle Bancorp Inc. Bethesda Md. 1.42 24,249 17,129 1.49
45 FCB Financial Holdings Inc. Weston Fla. 1.40 26,064 18,579 1.27
West Bancorp. Inc. West Des Moines Iowa 1.40 5,813 4,154 1.27
47 Western Alliance Bancorp. Phoenix Ariz. 1.35 67,052 49,540 1.59
48 Hometown Community Bancorp Inc. Morton Ill. 1.32 11,133 8,431 1.33
49 Pinnacle Bancorp Inc. Omaha Neb. 1.31 41,276 31,474 1.74
United Bankshares Inc. Charleston W.Va. 1.31 41,479 31,696 1.17
51 Crews Banking Corp. Wauchula Fla. 1.28 6,760 5,263 1.98
52 TrustCo Bank Corp NY Glenville N.Y. 1.21 10,928 8,995 0.90
CVB Financial Corp. Ontario Calif. 1.21 25,448 21,019 1.24
First Security Bancorp Searcy Ark. 1.21 25,749 21,320 2.01
55 Bridgewater Bancshares Inc. Bloomington Minn. 1.20 3,991 3,314 1.37
Westamerica Bancorp. San Rafael Calif. 1.20 15,628 13,063 1.19
57 National Bankshares Inc. Blacksburg Va. 1.18 3,828 3,239 1.28
Hometown Banc Corp Grand Island Neb. 1.18 4,447 3,764 1.46
59 First Bancorp Inc. Damariscotta Maine 1.17 4,562 3,914 1.13
60 LegacyTexas Financial Group Inc. Plano Texas 1.15 27,219 23,597 1.33
E-Trade Financial Corp. New York N.Y. 1.15 139,780 122,041 1.14
62 Hills Bancorp. Hills Iowa 1.14 9,176 8,061 1.44
63 First Citizens Financial Corp. Mason City Iowa 1.13 4,647 4,105 1.52
First of Long Island Corp. Glen Head N.Y. 1.13 8,011 7,087 0.95
65 Bank First National Corp. Manitowoc Wis. 1.12 3,752 3,360 1.13
66 First Financial Bankshares Inc. Abilene Texas 1.11 25,603 23,043 1.57
Plains Bancorp Inc. Dimmitt Texas 1.11 4,703 4,233 1.65
United Bank Corp. Barnesville Ga. 1.11 6,354 5,738 2.13
Great Western Bancorp Inc. Sioux Falls S.D. 1.11 33,758 30,544 1.20
70 First Community Financial Partners Inc. Joliet Ill. 1.10 4,135 3,751 1.36
Sterling Bancorp Montebello N.Y. 1.10 37,422 33,969 1.14
Dime Community Bancshares Inc. Brooklyn N.Y. 1.10 10,537 9,584 0.75
73 Heartland Bancorp Inc. Bloomington Ill. 1.09 13,135 12,037 1.78
Ambank Co. Inc. Sioux Center Iowa 1.09 4,467 4,117 1.62
75 S&T Bancorp Inc. Indiana Pa. 1.08 20,581 19,010 1.24
76 Northern Bancorp Inc. Woburn Mass. 1.07 4,867 4,530 1.26
Fifth Third Bancorp Cincinnati Ohio 1.07 516,170 484,252 1.46
78 Ida Grove Bancshares Inc. Ida Grove Iowa 1.06 4,911 4,636 1.42
International Bancshares Corp. Laredo Texas 1.06 35,787 33,909 1.21
80 Independence Bancshares Inc. Owensboro Ky. 1.05 7,110 6,777 1.49
81 WestStar Bank Holding Co. Inc. El Paso Texas 1.04 6,380 6,117 1.87
Bank of Marin Bancorp Novato Calif. 1.04 6,964 6,683 1.36
83 Apple Financial Holdings Inc. New York N.Y. 1.03 16,560 16,155 0.51
84 Southern National Bancorp of Virginia Inc. McLean Va. 1.02 2,765 2,699 1.01
Starion Bancorp. Bismarck N.D. 1.02 4,780 4,676 1.58
Magnolia Banking Corp. Magnolia Ark. 1.02 5,076 4,969 1.58
City Holding Co. Cross Lanes W.Va. 1.02 13,233 13,018 1.38
88 First-West Texas Bancshares Inc. Midland Texas 1.01 2,650 2,619 0.94
Park National Corp. Newark Ohio 1.01 27,449 27,157 1.47
90 Choice Financial Holdings Inc. Fargo N.D. 1.00 5,811 5,801 2.03
91 Watford City Bancshares Inc. Watford City N.D. 0.99 10,001 10,060 1.82
92 Republic Bancorp Co. Oak Brook Ill. 0.98 6,414 6,575 1.49
93 Enterprise Financial Services Corp Clayton Mo. 0.97 11,832 12,216 1.24
94 German American Bancorp Inc. Jasper Ind. 0.96 10,184 10,572 1.39
USAmeriBancorp Inc. Clearwater Fla. 0.96 10,978 11,412 1.11
96 Ames National Corp. Ames Iowa 0.95 3,804 3,987 1.16
Independent Bank Group Inc. McKinney Texas 0.95 14,504 15,303 1.05
Peoples Financial Services Corp. Scranton Pa. 0.95 5,118 5,405 1.06
99 Moody Bancshares Inc. Galveston Texas 0.94 3,426 3,634 1.32
First National of Nebraska Inc. Omaha Neb. 0.94 102,925 109,358 2.18
Midland Financial Co. Oklahoma City Okla. 0.94 54,305 57,725 1.67
Emprise Financial Corp. Wichita Kan. 0.94 6,799 7,236 1.74
103 Customers Bancorp Inc. Wyomissing Pa. 0.93 21,189 22,681 0.90
U.S. Bancorp Minneapolis Minn. 0.93 1,502,000 1,609,000 1.38
Parkway Bancorp Inc. Harwood Heights Ill. 0.93 4,101 4,400 0.66
First American Bank Corp. Elk Grove Village Ill. 0.93 12,679 13,619 1.49
1st Summit Bancorp of Johnstown Inc. Johnstown Pa. 0.93 2,570 2,772 1.06
Central Bancompany Inc. Jefferson City Mo. 0.93 44,622 48,232 1.45
109 BankUnited Inc. Miami Lakes Fla. 0.92 50,848 55,012 0.77
Blackhawk Bancorp. Inc. Milan Ill. 0.92 2,785 3,014 0.86
First Artesia Bancshares Inc. Artesia N.M. 0.92 4,107 4,485 1.50
112 Camden National Corp. Camden Maine 0.91 10,903 11,919 1.11
BNC Bancorp High Point N.C. 0.91 18,141 19,947 1.11
114 American Express Co. New York N.Y. 0.90 1,142,000 1,263,000 2.91
NEB Corp. Fond du Lac Wis. 0.90 5,067 5,637 1.06
Pinnacle Financial Partners Inc. Nashville Tenn. 0.90 32,376 36,053 1.19
County Bancorp Inc. Manitowoc Wis. 0.90 3,102 3,460 1.05
118 Summit Financial Group Inc. Moorefield W.Va. 0.89 4,281 4,821 1.08
119 Ironhorse Financial Group Inc. Muskogee Okla. 0.88 6,980 7,895 2.01
Franklin Financial Network Inc. Franklin Tenn. 0.88 7,030 7,980 1.06
M&T Bank Corp. Buffalo N.Y. 0.88 349,984 399,786 1.12
122 PrivateBancorp Inc. Chicago Ill. 0.87 48,892 55,889 1.05
Citizens National Banc Corp. Meridian Miss. 0.87 4,668 5,337 1.44
FirstBank Holding Co. Lakewood Colo. 0.87 48,790 55,810 1.19
First Interstate BancSystem Inc. Billings Mont. 0.87 25,193 29,012 1.15
215 Holding Co. Minneapolis Minn. 0.87 2,695 3,109 1.56
Community Trust Bancorp Inc. Pikeville Ky. 0.87 12,312 14,216 1.25
128 Capital Bank Financial Corp. Charlotte N.C. 0.86 18,488 21,425 0.97
Veritex Holdings Inc. Dallas Texas 0.86 3,374 3,920 1.11
Bank of Hawaii Corp. Honolulu Hawaii 0.86 43,493 50,601 1.09
First Bancorp Inc. Lebanon Va. 0.86 4,863 5,659 1.26
Paragon Commercial Corp. Raleigh N.C. 0.86 3,455 4,022 0.94
Provident Financial Services Inc. Iselin N.J. 0.86 22,905 26,725 0.98
Bridge Bancorp Inc. Bridgehampton N.Y. 0.86 8,851 10,330 0.94
F.N.B. Corp. Pittsburgh Pa. 0.86 52,168 60,927 0.98
Stock Yards Bancorp Inc. Louisville Ky. 0.86 10,467 12,232 1.45
137 Southside Bancshares Inc. Tyler Texas 0.85 12,865 15,203 0.99
138 Bankwell Financial Group Inc. New Canaan Conn. 0.84 3,140 3,724 0.84
Hope Bancorp Inc. Los Angeles Calif. 0.84 26,105 31,067 0.89
Ally Financial Inc. Detroit Mich. 0.84 209,000 249,000 0.54
CIT Group Inc. New York N.Y. 0.84 132,773 158,503 0.80
Bank of Highland Park Financial Corp. Highland Park Ill. 0.84 3,055 3,650 0.83
Level One Bancorp Inc. Farmington Hills Mich. 0.84 3,833 4,584 1.45
144 Arbor Bancorp Inc. Ann Arbor Mich. 0.83 4,252 5,095 1.37
Territorial Bancorp Inc. Honolulu Hawaii 0.83 4,164 5,008 0.90
First Commonwealth Financial Corp. Indiana Pa. 0.83 17,196 20,694 1.03
Charles Schwab Corp. San Francisco Calif. 0.83 503,000 606,000 1.00
Northwest Financial Corp. Arnolds Park Iowa 0.83 6,851 8,255 1.67
149 First Keystone Corp. Berwick Pa. 0.82 2,144 2,599 0.88
First York Ban Corp. York Neb. 0.82 5,452 6,611 1.50
Citizens & Northern Corp. Wellsboro Pa. 0.82 4,087 4,961 1.32
Falcon Bancshares Incorporated Laredo Texas 0.82 3,505 4,260 1.37
Hanmi Financial Corp. Los Angeles Calif. 0.82 13,121 15,951 1.20
OFG Bancorp San Juan Puerto Rico 0.82 15,120 18,497 0.91
SVB Financial Group Santa Clara Calif. 0.82 111,081 135,892 1.02
156 Glacier Bancorp Inc. Kalispell Mont. 0.81 30,957 38,018 1.35
People's Utah Bancorp American Fork Utah 0.81 6,248 7,675 1.55
First NBC Bank Holding Co. New Orleans La. 0.81 8,260 10,147 0.67
Fremont Bancorp. Fremont Calif. 0.81 18,219 22,433 2.10
Cullen/Frost Bankers Inc. San Antonio Texas 0.81 80,284 98,931 1.11
Investors Bancorp Inc. Short Hills N.J. 0.81 43,442 53,578 0.78
Amarillo National Bancorp Inc. Amarillo Texas 0.81 10,806 13,329 1.15
First Guaranty Bancshares Inc. Hammond La. 0.81 3,379 4,171 0.94
Heritage Commerce Corp San Jose Calif. 0.81 6,765 8,363 1.12
American National Corp. Omaha Neb. 0.81 9,671 11,958 1.25
JPMorgan Chase & Co. New York N.Y. 0.81 6,286,000 7,801,000 1.02
167 Third Federal Savings and Loan Association of Cleveland MHC Cleveland Ohio 0.80 18,567 23,076 0.58
First Fidelity Bancorp Inc. Oklahoma City Okla. 0.80 4,484 5,589 1.20
First Foundation Inc. Irvine Calif. 0.80 9,675 12,061 1.29
Wilson Bank Holding Co. Lebanon Tenn. 0.80 6,918 8,636 1.28
First Bank Corp Fort Smith Ark. 0.80 6,009 7,517 1.45
Bank of America Corp. Charlotte N.C. 0.80 6,298,000 7,904,000 1.15
PNC Financial Services Group Inc. Pittsburgh Pa. 0.80 988,454 1,242,262 1.09
174 Grandpoint Capital Inc. Los Angeles Calif. 0.79 8,027 10,119 0.98
First Merchants Corp. Muncie Ind. 0.79 21,059 26,651 1.23
Auburn National Bancorp. Inc. Auburn Ala. 0.79 1,951 2,471 0.92
Sturm Financial Group Inc. Denver Colo. 0.79 7,228 9,158 1.12
CBX Corp. Carrollton Ill. 0.79 3,530 4,474 1.04
Citizens Bancorp Investment Inc. Lafayette Tenn. 0.79 2,282 2,893 1.07
Valley View Bancshares Inc. Overland Park Kan. 0.79 7,310 9,270 0.89
Farmers & Merchants Bancorp Inc. Archbold Ohio 0.79 3,015 3,830 1.17
182 Unity Bancorp Inc. Clinton N.J. 0.78 3,020 3,872 1.06
Intrust Financial Corp. Wichita Kan. 0.78 14,120 18,184 1.18
Arrow Financial Corp. Glens Falls N.Y. 0.78 6,738 8,693 1.07
185 Lakeland Bancorp Inc. Oak Ridge N.J. 0.77 11,327 14,626 0.94
BOU Bancorp Inc. Ogden Utah 0.77 4,438 5,734 1.73
United Financial Bancorp Inc. Glastonbury Conn. 0.77 14,159 18,301 0.88
Planters Holding Co. Indianola Miss. 0.77 2,748 3,573 1.07
Southern Missouri Bancorp Inc. Poplar Bluff Mo. 0.77 3,709 4,845 1.03
190 Northfield Bancorp Inc. Woodbridge N.J. 0.76 7,287 9,579 0.77
United Community Bancorp Inc. Chatham Ill. 0.76 5,027 6,618 1.09
Longview Financial Corp. Longview Texas 0.76 6,199 8,163 1.10
Texas Capital Bancshares Inc. Dallas Texas 0.76 42,725 56,397 0.79
Meridian Bancorp Inc. Peabody Mass. 0.76 9,497 12,544 0.94
195 Sandy Spring Bancorp Inc. Olney Md. 0.75 13,474 17,847 1.14
Timberland Bancorp Inc. Hoquiam Wash. 0.75 2,698 3,589 1.22
Bar Harbor Bankshares Bar Harbor Maine 0.75 3,632 4,832 0.86
Westbrand Inc. Minot N.D. 0.75 2,741 3,647 1.09
Royal Bancshares of Pennsylvania Inc. Bala Cynwyd Pa. 0.75 2,030 2,706 1.00
River Valley Bancorp. Inc. Wausau Wis. 0.75 4,160 5,549 1.48

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 Feb. 10, 2017.
© 2017 American Banker
Source: SNL Financial, Charlottesville, Va. (

www.snl.com
)