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

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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 2006. Dollars in thousands
Published August 29, 2006
      Salaries and
benefits
Return on
average assets
    Multiple Net income
1 Amboy Bancorp. Old Bridge, N.J. 6.02 $25,630 $4,259 3.85%
2 Intervest Bancshares Corp. New York 4.4 6,420 1,459 1.47
3 Corus Bankshares Inc. Chicago 3.57 43,389 12,163 1.98
4 SBC Inc. Countryside, Ill. 3.32 8,955 2,700 3.38
5 First Financial Holdings MHC Renton, Wash. 3.11 2,535 814 1.12
6 United National Corp. Sioux Falls, S.D. 3.07 91,926 29,917 29.78
7 First Mutual Bancorp of Illinois Inc. Harvey 2.97 5,205 1,753 2.28
8 Stearns Financial Services Inc. St. Cloud, Minn. 2.78 16,182 5,813 4.42
9 Hershenhorn Bancorp. Inc. Palatine, Ill. 2.66 4,368 1,643 3.65
10 Washington First Financial Group Inc. Seattle 2.59 2,608 1,007 1.86
11 W Holding Co. Inc. Mayaguez, Puerto Rico 2.52 35,390 14,070 0.87
12 Marathon Banking Corp. Astoria, N.Y. 2.38 6,580 2,759 3.31
13 Thornton Holding Co. Inc. Douglasville, Ga. 2.34 2,520 1,077 2.84
14 Capitol Bancorp. Inc. Britton, S.D. 2.33 4,223 1,816 3.29
15 Florida Community Banks Inc. Immokalee 2.32 5,194 2,237 2.19
16 Omni Financial Services Inc. Atlanta 2.26 4,607 2,040 3.71
17 New York Community Bancorp Inc. Westbury 2.25 66,375 29,540 0.99
18 Hillcrest Bancshares Inc. Overland Park, Kan. 2.22 5,476 2,462 1.52
19 Guaranty Development Co. Livingston, Mont. 2.17 3,435 1,582 2.73
20 Olney Bancshares of Texas Inc. Tex. 2.1 5,671 2,702 2.28
21 Triangle Financial Group Inc. Loganville, Ga. 2.09 2,303 1,101 2.34
22 Fidelity Holding Co. Minnetonka, Minn. 2.04 2,060 1,010 2.29
23 INB Financial Corp. McAllen, Tex. 2.03 6,668 3,292 2.43
24 Manhattan Banking Corp. Manhattan, Kan. 1.99 2,267 1,137 1.68
25 Westamerica Bancorp. San Rafael, Calif. 1.97 26,117 13,258 2.07
26 Cathay General Bancorp Inc. Los Angeles 1.95 27,336 14,040 1.65
27 Pacific Capital Bancorp Santa Barbara, Calif. 1.95 67,368 34,614 3.72
  East West Bancorp Inc. Pasadena, Calif. 1.95 32,051 16,469 1.5
29 Security Pacific Bancorp Los Angeles 1.92 4,069 2,124 2.72
30 City National Bancshares Inc. Miami 1.9 17,251 9,070 2.45
31 United Bancorp. of Wyoming Inc. Jackson 1.82 7,413 4,078 2.41
32 Lakeside Bancorp Inc. Chicago 1.8 4,399 2,445 2.4
33 Farmers Enterprises Inc. Great Bend, Kan. 1.78 2,188 1,232 1.73
34 Stockman Financial Corp. Miles City, Mont. 1.76 7,874 4,484 2.79
35 Chambers Bancshares Inc. Danville, Ark. 1.75 4,367 2,492 2.16
36 Alikat Investments Inc. Gurnee, Ill. 1.74 1,847 1,060 1.42
37 Capital One Financial Corp. McLean, Va. 1.71 883,339 516,144 3.97
  Prairie Financial Corp. Bridgeview, Ill. 1.71 2,713 1,587 2
  Lauritzen Corp. Omaha 1.71 13,857 8,120 4.54
40 FCB Florida Bancorp. Inc. Orlando 1.7 2,655 1,565 1.84
41 Gwinnett Commercial Group Inc. Lawrenceville, Ga. 1.68 2,737 1,632 1.8
42 Henry County Bancshares Inc. Stockbridge, Ga. 1.64 3,075 1,879 1.92
43 United Bankshares Inc. Charleston, W.Va. 1.63 24,610 15,096 1.47
44 Royal Bancshares of Pennsylvania Inc. Narberth 1.62 5,346 3,310 1.65
45 Crews Banking Corp. Wauchula, Fla. 1.61 6,260 3,895 2.17
46 Inwood Bancshares Inc. Dallas 1.59 6,174 3,879 2.19
  Hanmi Financial Corp. Los Angeles 1.59 14,802 9,335 1.73
  United Security Bancshares Fresno 1.59 3,864 2,437 2.44
49 Diamond Bancorp Inc. Washington, Mo. 1.57 3,314 2,112 2.39
50 New Frontier Bancorp Greeley, Colo. 1.56 3,033 1,941 1.46
51 Alliance Financial Services Inc. St. Paul 1.54 3,644 2,360 2.58
52 Delta Bancshares Co. St. Louis 1.53 2,339 1,524 1.2
53 ANB Bancshares Inc. Bentonville, Ark. 1.51 6,463 4,293 2.53
54 U.S. Bancorp Minneapolis 1.5 1,153,000 767,000 2.19
  Wilshire Bancorp Inc. Los Angeles 1.5 7,823 5,221 1.83
  S&T Bancorp Inc. Indiana, Pa. 1.5 14,237 9,512 1.79
57 City Holding Co. Charleston, W.Va. 1.49 12,866 8,632 2.06
  WNB Bancshares Inc. Odessa, Tex. 1.49 3,620 2,433 2.34
  North Fork Bancorp. Inc. Melville, N.Y. 1.49 210,128 141,311 1.46
  Carbon County Holding Co. Rawlins, Wyo. 1.49 1,149 773 3.44
61 Ida Grove Bancshares Inc. Iowa 1.47 3,251 2,206 1.82
  First Citizens Bancorp Cleveland, Tenn. 1.47 4,247 2,887 2.41
  Southern Utah Bancorp. Cedar City 1.47 2,705 1,845 2.11
64 Citizens Bankshares Inc. Farmington, N.M. 1.45 2,542 1,752 2.06
  Frontier Financial Corp. Everett, Wash. 1.45 15,428 10,647 2.17
66 Mesaba Bancshares Inc. Grand Rapids, Minn. 1.44 2,284 1,591 1.99
67 CVB Financial Corp. Ontario, Calif. 1.43 18,240 12,720 1.33
68 First Ainsworth Co. Ainsworth, Neb. 1.42 227 160 2.08
69 First Indiana Corp. Indianapolis 1.41 14,563 10,324 2.98
70 Northern Empire Bancshares Santa Rosa, Calif. 1.4 4,448 3,167 1.41
  Prosperity Bancshares Inc. Houston 1.4 12,864 9,195 1.43
72 Barnes Bancorp. Kaysville, Utah 1.39 3,568 2,568 2.3
73 First McMinnville Corp. Tenn. 1.36 977 717 1.23
74 Bankmanagers Corp. Milwaukee 1.35 3,490 2,590 1.97
75 Republic Bancorp Inc. Owosso, Mich. 1.33 16,417 12,320 1.07
76 Valley Bancorp Las Vegas 1.32 $1,634 $1,237 1.63%
  Big Sandy Holding Co. Longmont, Colo. 1.32 3,494 2,646 1.63
78 Oriental Financial Group Inc. San Juan, Puerto Rico 1.3 7,999 6,173 0.7
79 Amarillo National Bancorp Inc. Tex. 1.29 9,639 7,455 2.04
  First Financial Banc Corp. El Dorado, Ark. 1.29 3,045 2,358 2.44
81 Valley View Bancshares Inc. Overland Park, Kan. 1.28 9,973 7,793 1.64
  Bank of the Ozarks Inc. Little Rock 1.28 8,397 6,584 1.55
83 First Regional Bancorp Century City, Calif. 1.27 8,515 6,694 1.82
  First National Community Bancorp Inc. Dunmore, Pa. 1.27 3,194 2,513 1.26
  Hinsbrook Bancshares Inc. Willowbrook, Ill. 1.27 1,837 1,446 1.47
  First South Bancorp Inc. Washington, N.C. 1.27 4,223 3,336 1.98
  American National Corp. Omaha 1.27 6,311 4,988 1.66
88 Beverly Hills Bancorp Inc. Calabasas, Calif. 1.26 2,498 1,976 0.71
89 PB Financial Services Corp. Duluth, Ga. 1.25 1,744 1,392 1.31
  Orion Bancorp Inc. Naples, Fla. 1.25 7,026 5,615 1.49
91 Southern National Banks Inc. Fort Walton Beach, Fla. 1.24 3,107 2,500 2.89
  Foster Bankshares Inc. Chicago 1.24 2,134 1,722 1.97
  West Bancorp. Inc. West Des Moines, Iowa 1.24 4,545 3,675 1.43
94 Villages Bancorp. Inc. The Villages, Fla. 1.23 2,501 2,037 1.15
  Parkway Bancorp Inc. Harwood Heights, Ill. 1.23 5,131 4,185 1.23
96 Valley National Bancorp Wayne, N.J. 1.21 40,911 33,688 1.34
  People’s Utah Bancorp American Fork 1.21 3,609 2,993 2.26
  Beach Community Bancshares Inc. Fort Walton Beach, Fla. 1.21 1,596 1,324 1.37
99 Ames National Corp. Iowa 1.2 2,913 2,422 1.42
  Porter Bancorp Inc. Louisville 1.2 3,403 2,837 1.36
  Ocean Bankshares Inc. Miami 1.2 22,556 18,830 1.57
  Central Bancorp. Provo, Utah 1.2 3,421 2,856 2.86
103 Hometown Community Bancorp Inc. Morton, Ill. 1.19 3,491 2,937 1.08
  Park National Corp. Newark, Ohio 1.19 23,807 20,046 1.76
  Whitcorp Financial Co. Leoti, Kan. 1.19 2,023 1,704 1.66
  Virginia Commerce Bancorp Inc. Arlington 1.19 5,715 4,820 1.44
107 Security Holding Co. Fredericksburg, Tex. 1.17 2,767 2,362 2.02
  Associated Banc-Corp Green Bay, Wis. 1.17 81,707 69,755 1.49
  Auburn National Bancorp. Inc. Ala. 1.17 1,644 1,405 1.08
110 West Financial Inc. El Paso 1.16 3,100 2,674 1.96
  First National Bank Group Inc. Edinburg, Tex. 1.16 12,696 10,952 1.49
112 Putnam-Greene Financial Corp. Eatonton, Ga. 1.15 1,827 1,588 1.53
113 First Keystone Corp. Berwick, Pa. 1.14 1,566 1,370 1.22
  First Community Bancorp Rancho Santa Fe, Calif. 1.14 17,403 15,230 1.88
  American River Bankshares Rancho Cordova, Calif. 1.14 2,243 1,964 1.47
  Republic Bancorp Co. Orland Park, Ill. 1.14 2,434 2,134 1.34
  Nara Bancorp Inc. Los Angeles 1.14 7,879 6,937 1.72
118 American Bank Inc. Allentown, Pa. 1.13 739 652 0.56
  Community Bancorp Las Vegas 1.13 3,425 3,042 1.52
120 Silver State Bancorp Henderson, Nev. 1.12 4,443 3,956 2.12
  First-West Texas Bancshares Inc. Midland 1.12 1,783 1,591 1.87
  First National Lincoln Corp. Damariscotta, Maine 1.12 2,978 2,661 1.13
  Salin Bancshares Inc. Indianapolis 1.12 4,376 3,914 2
  Horizon Financial Corp. Bellingham, Wash. 1.12 4,165 3,732 1.53
125 First Security Bankshares Inc. Lavonia, Ga. 1.11 1,378 1,242 1.88
  Mercantile Bankshares Corp. Baltimore 1.11 70,759 63,834 1.72
127 Penns Woods Bancorp Inc. Williamsport, Pa. 1.1 2,455 2,232 1.72
128 IBT Bancorp Inc. Irwin, Pa. 1.09 2,310 2,121 1.34
129 Rockhold Bancorp Kirksville, Mo. 1.08 926 856 0.83
130 First National Bancshares Inc. East Lansing, Mich. 1.07 2,737 2,562 2.41
  First Financial Bancshares Inc. Roland, Okla. 1.07 697 654 1.55
132 Sierra Bancorp Porterville, Calif. 1.06 4,450 4,191 1.68
  Blackhawk Bancorp. Inc. Milan, Ill. 1.06 1,769 1,669 1.11
  Palm Bancorp Palmerton, Pa. 1.06 1,591 1,502 1.29
  CIVITAS BankGroup Inc. Franklin, Tenn. 1.06 3,201 3,024 1.68
  CNB Bancshares Inc. Sevierville, Tenn. 1.06 2,148 2,032 1.58
137 Brand Group Holdings Inc. Lawrenceville, Ga. 1.05 3,380 3,206 1.8
  ITLA Capital Corp. La Jolla, Calif. 1.05 6,332 6,020 0.85
  United Security Bancshares Inc. Thomasville, Ala. 1.05 3,680 3,518 2.31
140 Camden National Corp. Maine 1.04 4,937 4,735 1.16
  Center Financial Corp. Los Angeles 1.04 5,769 5,533 1.38
  Great Southern Bancorp Inc. Springfield, Mo. 1.04 7,196 6,929 1.34
  Bank of America Corp. Charlotte 1.04 4,985,760 4,813,431 1.41
144 Mercantile Bank Corp. Grand Rapids, Mich. 1.03 4,929 4,765 1.05
  Four Oaks Fincorp Inc. Four Oaks, N.C. 1.03 1,935 1,872 1.49
  Heartland Bancorp Inc. Bloomington, Ill. 1.03 3,905 3,781 1.69
  National Bankshares Inc. Blacksburg, Va. 1.03 3,003 2,911 1.43
  Commercial Bankshares Inc. Miami 1.03 3,054 2,963 1.2
  United Heritage Bankshares of Florida Inc. Orlando 1.03 1,714 1,666 1.01
  Harleysville Savings Financial Corp. Pa. 1.03 1,161 1,129 0.61


Note: Only domestic holding companies that file Y-9C reports are included.
Source:

SNL Financial
, Charlottesville, Va.
© 2006 American Banker