U.S. Banking Companies with Highest Multiples of Net to Salary, Benefits

View Table
Printer Friendly Version
U.S. Banking Companies with Highest Multiples of Net to Salary, Benefits

U.S. Banking Companies with Highest Multiples of Net to Salary, Benefits
In the first quarter of 2004. Dollars in thousands
Published Date
Related Tables: Net income leaders in the group and leaders in return assets
    Multiple Net income Salaries
and benefits
Return on
average assets
1 First State Bank Lake Lillian, Minn. 6.15 $603 $98 2.98%
2 Stockmans Financial Group Elk Grove, Calif. 5.8 4,915 847 7.39
3 Doral Financial Corp. San Juan, Puerto Rico 5.24 103,577 19,757 3.69
4 New York Community Bancorp Inc. Westbury, N.Y. 5.14 130,023 25,295 2.08
5 First Financial Holdings MHC Renton, Wash. 5.03 2,369 471 1.29
6 Dairyland Bank Holding Corp La Crosse, Wis. 4.79 1,383 289 3.03
7 Amboy Bancorp Old Bridge, N.J. 4.55 16,410 3,610 2.92
8 W Holding Co. Inc. Mayaguez, Puerto Rico 4.38 40,493 9,241 1.37
9 Elgin Bancshares Inc. Ill. 4.11 1,286 313 2.49
10 F.B.H. Corp. Fayette, Ala. 3.78 1,230 325 2.93
11 Blackhawk Bancorp Milan, Ill. 3.69 4,978 1,348 3.44
12 Mountain View Bancshares Mountain View, Ark. 3.49 1,251 358 2.97
13 Vermillion Bancshares Inc. Minn. 3.47 2,372 683 3.35
14 Pawnee Holding Co. Inc. Pawnee, Okla. 3.38 1,323 391 2.4
15 Pedcor Bancorp Indianapolis 3.22 3,167 984 5.03
16 Dentel Bancorp Victor, Iowa 3.2 1,458 456 2.76
17 Yellowstone Holding Co. Columbus, Mont. 3.17 2,678 844 3.75
18 Germantown Banc Corp. Ill. 3.05 1,208 396 1.86
19 First National Bank Group Edinburg, Tex. 2.99 18,515 6,193 3.17
20 Intervest Bancshares Corp. New York 2.85 2,735 961 1.15
21 Security Bancshares Co. Glencoe, Minn. 2.81 1,717 611 2.21
  SBC Inc. Countryside, Ill. 2.81 5,689 2,028 2.98
23 Farmers National Bancorp Cynthiana, Ky. 2.8 1,150 411 2.62
24 United National Corp. Sioux Falls, S.D. 2.78 57,646 20,720 23.44
25 Neffs Bancorp Inc. Pa. 2.74 764 279 1.52
26 Corn Belt Bancorp Inc. Pittsfield, Ill. 2.67 782 293 4.04
  Washington First Financial Group Seattle 2.67 2,351 881 2.07
28 Community Bank Corp. Park Ridge, Ill. 2.64 1,020 387 2.34
29 Austin Colony Inc. Lake Jackson, Tex. 2.61 936 358 1.95
30 Forstrom Bancorp. Inc. Clara City, Minn. 2.6 1,581 608 2.59
31 Lauritzen Corp. Omaha 2.57 11,166 4,353 3.86
32 Oriental Financial Group Inc. San Juan, Puerto Rico 2.56 16,323 6,381 1.92
33 Albany Bancshares Inc. Tex. 2.53 1,410 558 2.55
34 New Era Bancorp. Inc. Fredericktown, Mo. 2.44 1,266 519 2.36
  Farmers Enterprises Inc. Great Bend, Kan. 2.44 2,212 908 2.33
36 Country Agencies and Invest Odessa, Mo. 2.43 1,448 596 1.28
37 Associated Community Bancorp Greenwich, Conn. 2.39 2,939 1,228 4.81
38 Security Financial Services Durand, Wis. 2.37 1,081 456 1.84
39 Valentine Bancorp. Neb. 2.33 491 211 2.36
40 R&G Financial Corp. San Juan, Puerto Rico 2.26 38,540 17,017 1.84
  Manhattan Banking Corp. Kan. 2.26 1,947 861 1.98
42 ITLA Capital Corp. La Jolla, Calif. 2.24 13,784 6,156 2.8
43 ESB Acquisition Corp. New York 2.21 64,062 28,992 2.68
44 First Illinois Bancorp Inc. EastSt. Louis 2.17 2,146 989 2.63
  Thornton Holding Co. Douglasville, Ga. 2.17 1,809 834 3.31
46 Heritage Group Inc. Aurora, Neb. 2.11 2,322 1,100 2.1
47 Pueblo Bancorp. Pueblo, Colo. 2.09 3,503 1,677 4.05
River Holding Co. Stoddard, Wis. 2.09 1,003 481 1.82
49 Stearns Financial Services St. Cloud, Minn. 2.07 9,795 4,732 3.7
  Chambanco Inc. Chambers, Neb. 2.07 269 130 2.59
51 City National Bancshares Miami 2.06 15,422 7,470 2.59
  First Bancorp San Juan, Puerto Rico 2.06 40,205 19,521 1.24
53 Grace Investment Co. Inc. Alva, Okla. 2.03 1,119 550 1.89
54 North Fork Bancorp. Melville, N.Y. 2.01 102,518 51,083 1.91
55 Rockhold Bancorp Kirksville, Mo. 2 1,204 601 1.42
56 New Tripoli Bancorp Inc. Pa. 1.98 872 440 1.58
57 Royal Bancshares of Pennsylvania Inc. Narberth 1.97 5,164 2,621 1.74
58 W.S.B. Inc. Washington, Iowa 1.95 710 365 1.74
59 First National Bancshares East Lansing, Mich. 1.93 5,056 2,623 3.79
60 Coastal Bancshares Inc. Pearland, Tex. 1.92 1,522 794 2.88
  Lincoln S.B. Corp. Ill. 1.92 1,255 655 2.85
62 PTB Corp. Salem, Ore. 1.91 1,597 837 2.53
  WCN Bancorp Inc. Wisconsin Rapids, Wis. 1.91 1,410 739 2.31
64 Corus Bankshares Inc. Chicago 1.86 18,012 9,704 1.96
65 Bank of Southside Virginia Corp. Carson 1.85 2,637 1,429 2.33
66 Citizens Bancshares Inc. Somerset, Ky. 1.84 1,727 940 2.14
  East West Bancorp Inc. San Marino, Calif. 1.84 16,945 9,224 1.56
68 Prophetstown Banking Co. Ill. 1.82 965 531 1.57
69 First Fabens Bancorp. Tex. 1.81 1,254 691 2.52
70 Fidelity Corp. Burke, S.D. 1.8 1,646 915 3.07
  Westamerica Bancorp San Rafael, Calif. 1.8 24,314 13,526 2.16
  Countryside Financial Services Walworth, Wis. 1.8 880 490 2.19
73 Security Bank Shares Inc. Iron River, Wis. 1.79 680 379 2.11
74 Nekoosa Port Edwards Bancorp Nekoosa, Wis. 1.78 510 286 1.2
75 Exchange Co. Gibbon, Neb. 1.77 1,265 714 1.97
  Androscoggin Bancorp MHC Lewiston, Maine 1.77 $3,216 $1,819 2.66%
  Edgar County Banc Shares Paris, Ill. 1.77 820 464 2
  Community Bancshares Marysville, Kan. 1.77 918 520 1.72
79 Cornerstone Financial Services Group Ottumwa, Iowa 1.76 1,185 673 1.82
80 Alikat Investments Inc. Gurnee, Ill. 1.75 1,352 771 1.23
81 West Bancorp. Inc. West Des Moines, Iowa 1.73 4,262 2,463 1.73
82 Berco Inc. Bennington, Kan. 1.72 1,290 749 1.97
83 Hemet Bancorp Riverside, Calif. 1.7 1,908 1,123 2.39
84 Pacific Capital Bancorp Santa Barbara, Calif. 1.69 42,591 25,130 3.25
  Durant Bancorp Durant, Okla. 1.69 5,953 3,526 2.4
86 Paris Bancshares Inc. Tex. 1.68 931 555 1.63
  Citizens Bancorp. Inc. Mascoutah, Ill. 1.68 598 357 1.4
88 Bosshard Banco Ltd. La Crosse, Wis. 1.67 980 586 1.4
  Cathay General Bancorp Los Angeles 1.67 19,903 11,944 1.42
  First National Talladega Corp Ala. 1.67 1,003 602 1.58
91 Quail Creek Bancshares Inc. Oklahoma City 1.66 1,769 1,067 2.64
  FNC. Inc. Storm Lake, Iowa 1.66 954 576 1.87
93 First Alamogordo Bancorp Reno, Nev. 1.65 1,257 762 1.99
94 East Alabama Financial Group Wedowee 1.63 678 416 3.54
  Bancorp of Rantoul Inc. Rantoul, Ill. 1.63 762 468 4
  Fairfield Bancshares Inc. Ill. 1.63 821 505 1.39
97 Putnam Bancshares Inc. Hurricane, W.Va. 1.62 1,293 798 1.09
98 International Bancshares Corp. Laredo, Tex. 1.61 26,519 16,442 1.61
  Northumberland Bancorp Pa. 1.61 699 434 1.09
  Fidelity Bancshares Inc. Edina, Minn. 1.61 1,470 914 1.72
  Triangle Financial Group Inc. Loganville, Ga. 1.61 1,415 881 2.16
102 INB Financial Corp. McAllen, Tex. 1.6 3,798 2,368 1.98
  Bank of Highland Park Financial Ill. 1.6 2,124 1,326 1.28
104 First of McAlester Corp. Okla. 1.59 1,221 766 1.14
  Northpointe Bancshares Inc. Grand Rapids, Mich. 1.59 1,221 770 4.84
  U.S. Bancorp Minneapolis 1.59 1,008,400 636,000 2.12
107 First McMinnville Corp. McMinnville, Tenn. 1.58 1,185 748 1.55
  Giant Holdings Inc. Fort Lauderdale Fla. 1.58 813 514 1.45
109 Bosshard Financial Group La Crosse, Wis. 1.57 581 371 1.42
110 S&T Bancorp Inc. Indiana, Pa. 1.56 12,956 8,292 1.78
  Chambers Bancshares Inc. Danville, Ark. 1.56 3,301 2,115 2.01
  I.S.B. Financial Corp. Oak Forest, Ill. 1.56 1,105 709 5.17
113 Mauston Bancorp Inc. La Crosse, Wis. 1.55 1,147 738 2.8
  NSB Holding Corp. Staten Island, N.Y. 1.55 4,124 2,663 1.12
  Citizens National Bancorp Putnam, Conn. 1.55 1,028 665 1.68
116 GreenPoint Financial Corp. New York 1.54 112,640 73,164 1.92
  Brighton Bancorp Salt Lake City 1.54 1,620 1,053 4.03
  Citizens Bancshares Inc. Albion, Ill. 1.54 598 389 1.47
119 UCBH Holdings Inc. San Francisco 1.53 19,819 12,915 1.4
120 Lakeside Bancorp Inc. Chicago 1.52 3,060 2,007 2.31
121 Iowa State BHC Des Moines 1.51 1,546 1,023 2.6
122 Carlsbad Bancorp. Inc. N.M. 1.5 1,021 679 2.26
  Hayward Bancshares Eau Claire, Wis. 1.5 1,101 736 1.78
124 Magnolia Banking Corp. Ark. 1.49 1,931 1,292 1.87
  Citizens Bankshares Inc. Farmington, N.M. 1.49 2,318 1,551 2.24
  NBM Corp. McAlester, Okla. 1.49 1,706 1,142 2.36
  Florida Community Banks Inc. Immokalee 1.49 2,785 1,867 2.04
  Marine Bancorp Inc. Springfield, Ill. 1.49 3,198 2,147 2.03
129 Northern Empire Bancshares Santa Rosa, Calif. 1.48 3,581 2,413 1.63
  First Keystone Corp. Berwick, Pa. 1.48 1,856 1,252 1.52
  Peoples Bancorp Inc. Prairie Du Chien, Wis. 1.48 960 648 1.57
  Citizens Bancorp of Winfield Ala. 1.48 536 363 1.44
133 Olney Bancshares of Texas Olney 1.47 2,354 1,597 1.96
  First Staunton Bancshares Ill. 1.47 1,250 851 1.55
135 Independent Bancorp Ltd. Little Chute, Wis. 1.46 633 434 3.14
136 First American Bankshares Fort Atkinson, Wis. 1.45 962 663 1.68
  Warren Bancorp Inc. Mich. 1.45 1,259 868 1.14
138 Hometown Community Bancorp Morton, Ill. 1.44 2,878 1,992 1.12
  Waseca Bancshares Inc. Minn. 1.44 811 562 1.46
140 American Bank Inc. Allentown, Pa. 1.43 852 595 0.69
  North Western Bancshares Inc. Chippewa Falls, Wis. 1.43 1,105 772 1.62
  Hollis Bancshares Inc. Okla. 1.43 1,180 826 2.41
143 Bainum Bancorp II Murfreesboro, Ark. 1.42 1,010 710 2.19
  Saint Martin Bancshares Inc. St. Martinville, La. 1.42 752 530 1.87
  West Pointe Bancshares Inc. Oshkosh, Wis. 1.42 682 481 1.26
  Peoples Bancorp. Inc. Winfield, Ala. 1.42 717 506 1.85
147 WNB Bancshares Inc. Odessa, Tex. 1.41 2,622 1,855 2.2
  Pinnacle Financial Corp. Elberton, Ga. 1.41 2,120 1,501 2.29
  First Financial Bancshares Roland, Okla. 1.41 910 646 2.11
  Western Oklahoma Financial Services Elk City 1.41 787 559 1.79


Only bank holding companies that file Y-9C reports with the Fed were included.
Source: Highline Banking Data Services (877-299-9424)
© 2004 American Banker