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
On June 30, 2006. Dollars in thousands*
Published January 4, 2006
Related Table: Net income leaders in the group/Leaders in return on assets
Rank   Multiple Net income Salaries and benefits Return on average assets
1 Amboy Bancorp. Old Bridge, N.J. 5.58 $21,865 $3,919 3.28%
2 Hershenhorn Bancorp. Inc. Palatine, Ill. 5.16 6,391 1,239 5.29
3 Intervest Bancshares Corp. New York 4.91 6,408 1,304 1.42
4 Corus Bankshares Inc. Chicago 4.04 47,761 11,834 2.04
5 SBC Inc. Countryside, Ill. 3.46 10,147 2,934 3.75
6 New York Private Bank and Trust Corp. 3.08 82,100 26,638 2.43
7 Thornton Holding Co. Inc. Douglasville, Ga. 2.86 2,976 1,040 3.23
8 United National Corp. Sioux Falls, S.D. 2.57 76,953 29,894 23.78
9 First Mutual Bancorp of Illinois Inc. Harvey 2.51 4,542 1,809 1.82
10 Stearns Financial Services Inc. St. Cloud, Minn. 2.47 14,642 5,929 3.92
11 INB Financial Corp. McAllen, Tex. 2.42 7,751 3,199 2.73
12 Hillcrest Bancshares Inc. Overland Park, Kan. 2.36 6,463 2,743 1.88
13 Delta Bancshares Co. St. Louis 2.31 3,298 1,427 1.60
Security Pacific Bancorp Los Angeles 2.31 4,647 2,012 2.98
15 East West Bancorp Inc. Pasadena, Calif. 2.27 36,645 16,173 1.53
16 Fidelity Holding Co. Minnetonka, Minn. 2.23 2,260 1,012 2.38
17 Florida Community Banks Inc. Immokalee 2.18 5,160 2,362 2.02
18 Capitol Bancorp. Inc. Britton, S.D. 2.16 3,926 1,814 3.03
19 Washington First Financial Group Inc. Seattle 2.08 2,508 1,205 1.74
20 Olney Bancshares of Texas Inc. 2.01 5,496 2,733 2.30
21 Triangle Financial Group Inc. Loganville, Ga. 1.99 2,295 1,156 2.19
22 Lakeside Bancorp Inc. Chicago 1.96 4,782 2,440 2.46
23 First Citizens Bancorp Cleveland 1.94 4,371 2,251 2.50
24 Inwood Bancshares Inc. Dallas 1.93 7,366 3,823 2.54
25 United Bancorp. of Wyoming Inc. Jackson 1.90 7,943 4,191 2.48
26 First Financial Holdings Renton, Wash. 1.88 1,921 1,022 0.82
27 Cathay General Bancorp Los Angeles 1.81 29,052 16,071 1.60
Westamerica Bancorp. San Rafael, Calif. 1.81 24,494 13,558 1.98
Prairie Financial Corp. Bridgeview, Ill. 1.81 3,015 1,670 2.06
30 FCB Florida Bancorp. Inc. Orlando 1.78 3,042 1,705 1.93
City National Bancshares Inc. Miami 1.78 16,493 9,266 2.32
32 Stockman Financial Corp. Miles City, Mont. 1.77 8,286 4,681 2.90
33 Frontier Financial Corp. Everett, Wash. 1.75 17,405 9,920 2.29
34 Alikat Investments Inc. Gurnee, Ill. 1.70 1,997 1,177 1.49
35 Diamond Bancorp Inc. Washington, Mo. 1.69 3,658 2,161 2.82
36 Mesaba Bancshares Inc. Grand Rapids, Minn. 1.65 2,454 1,490 2.09
37 Valley Bancorp Las Vegas 1.63 2,006 1,234 1.88
New Frontier Bancorp Greeley, Colo. 1.63 3,267 2,010 1.40
39 Gwinnett Commercial Group Inc. Lawrenceville, Ga. 1.62 2,905 1,792 1.90
Chambers Bancshares Inc. Danville, Ark. 1.62 4,053 2,505 1.93
Foster Bankshares Inc. Chicago 1.62 2,729 1,689 2.48
42 U.S. Bancorp Minneapolis 1.60 1,201,000 750,000 2.25
United Bankshares Inc. Charleston, W.Va. 1.60 25,459 15,919 1.53
Ida Grove Bancshares Inc. Iowa 1.60 3,514 2,200 1.88
45 Henry County Bancshares Inc. Stockbridge, Ga. 1.59 3,108 1,952 1.89
Farmers Enterprises Inc. Great Bend, Kan. 1.59 2,164 1,361 1.69
47 West Financial Inc. El Paso 1.58 3,638 2,300 2.33
48 Northern Empire Bancshares Santa Rosa, Calif. 1.57 4,813 3,064 1.48
City Holding Co. Charleston, W.Va. 1.57 13,761 8,764 2.17
W Holding Co. Inc. Mayaguez, Puerto Rico 1.57 21,742 13,886 0.52
51 New York Community Bancorp Inc. Westbury 1.56 50,612 32,518 0.71
52 Citizens Bankshares Inc. Farmington, N.M. 1.55 2,669 1,717 2.08
53 Carbon County Holding Co. Rawlins, Wyo. 1.53 1,246 812 3.76
Franklin Resources Inc. San Mateo, Calif. 1.53 371,415 242,686 16.29
55 North Fork Bancorp. Inc. Melville, N.Y. 1.52 220,817 145,248 1.51
Southern National Banks Inc. Fort Walton Beach, Fla. 1.52 3,482 2,291 3.32
57 WNB Bancshares Inc. Odessa, Tex. 1.51 3,883 2,564 2.48
Hanmi Financial Corp. Los Angeles 1.51 15,941 10,527 1.78
59 American National Corp. Omaha 1.50 7,842 5,223 1.99
60 CVB Financial Corp. Ontario, Calif. 1.48 18,917 12,771 1.34
61 Center Financial Corp. Los Angeles 1.45 7,679 5,311 1.85
62 ANB Bancshares Inc. Rogers, Ark. 1.44 6,511 4,516 2.33
Republic Bancorp Inc. Owosso, Mich. 1.44 16,396 11,406 1.05
Barnes Bancorp. Kaysville, Utah 1.44 3,944 2,744 2.39
65 Valley View Bancshares Inc. Overland Park, Kan. 1.43 11,140 7,812 1.83
66 Big Sandy Holding Co. Longmont, Colo. 1.42 4,096 2,889 1.72
Wilshire Bancorp Inc. Los Angeles 1.42 8,415 5,941 1.89
68 Orion Bancorp Inc. Naples, Fla. 1.40 8,043 5,734 1.57
First Regional Bancorp Century City, Calif. 1.40 9,642 6,886 2.00
West Bancorp. Inc. West Des Moines, Iowa 1.40 4,882 3,492 1.48
Beach Community Bancshares Inc. Fort Walton Beach, Fla. 1.40 1,922 1,376 1.51
Manhattan Banking Corp. Manhattan, Kan. 1.40 1,613 1,155 1.23
73 Lauritzen Corp. Omaha 1.39 11,122 8,016 3.68
PB Financial Services Corp. Duluth, Ga. 1.39 1,960 1,414 1.51
75 Alliance Financial Services Inc. St. Paul 1.38 3,535 2,553 2.52
76 Citco Community Bancshares Inc. Elizabethton, Tenn. 1.37 3,120 2,274 2.24
77 Lincolnwood Bancorp Inc. 1.36 1,579 1,157 2.78
78 Prosperity Bancshares Inc. Houston 1.35 15,894 11,732 1.40
Silver State Bancorp Henderson, Nev. 1.35 5,113 3,800 2.28
Auburn National Bancorp. Inc. Ala. 1.35 1,733 1,288 1.10
81 St. Landry Bancshares Inc. Opelousas, La. 1.34 1,155 859 2.03
First Citizens Financial Corp. Mason City, Iowa 1.34 3,698 2,760 1.63
Royal Bancshares of Pennsylvania Inc. Narberth 1.34 4,586 3,434 1.38
84 Bankmanagers Corp. Milwaukee 1.33 3,535 2,657 1.97
Amarillo National Bancorp Inc. Tex. 1.33 10,309 7,753 2.13
First National Community Bancorp Inc. Dunmore, Pa. 1.33 3,353 2,522 1.29
Brand Group Holdings Inc. Lawrenceville, Ga. 1.33 4,818 3,624 2.49
ITLA Capital Corp. La Jolla, Calif. 1.33 6,746 5,075 0.87
89 Ocean Bankshares Inc. Miami 1.30 24,439 18,747 1.68
Sierra Bancorp Porterville, Calif. 1.30 5,099 3,919 1.82
91 United Security Bancshares Fresno 1.29 3,062 2,374 1.92
Chinatrust Capital Corp. Torrance, Calif. 1.29 8,326 6,477 1.45
93 Crews Banking Corp. Wauchula, Fla. 1.28 5,778 4,501 1.99
BOU Bancorp Inc. Ogden, Utah 1.28 3,967 3,101 2.62
Virginia Commerce Bancorp Inc. Arlington 1.28 6,277 4,911 1.47
96 First McMinnville Corp. Tenn. 1.27 1,019 805 1.29
97 First National Lincoln Corp. Damariscotta, Maine 1.26 3,170 2,509 1.18
First Security Bankshares Inc. Lavonia, Ga. 1.26 1,606 1,277 2.15
First South Bancorp Inc. Washington, N.C. 1.26 4,287 3,410 1.95
100 S&T Bancorp Inc. Indiana, Pa. 1.25 11,237 9,004 1.38
Tower Bancorp Inc. Greencastle, Pa. 1.25 1,780 1,427 1.75
United Community Bancorp Inc. Chatham, Ill. 1.25 2,314 1,857 1.54
103 Parkway Bancorp Inc. Harwood Heights, Ill. 1.24 5,413 4,378 1.24
104 Durant Bancorp Inc. Okla. 1.23 7,808 6,343 1.99
UCBH Holdings Inc. San Francisco 1.23 25,406 20,738 1.25
106 Park National Corp. Newark, Ohio 1.22 23,886 19,520 1.78
Bank of America Corp. Charlotte 1.22 5,475,544 4,479,483 1.50
Hometown Community Bancorp Inc. Morton, Ill. 1.22 3,314 2,712 1.00
Persons Banking Co. Inc. Lithonia, Ga. 1.22 2,713 2,222 1.90
110 Lincoln County Bancorp Inc. Troy, Mo. 1.21 2,838 2,344 1.93
Central Bancorp. Provo, Utah 1.21 3,470 2,869 2.79
Valley National Bancorp Wayne, N.J. 1.21 40,786 33,766 1.33
Bank of the Ozarks Inc. Little Rock 1.21 7,931 6,569 1.36
114 First Financial Banc Corp. El Dorado, Ark. 1.20 3,086 2,568 2.31
115 Horizon Financial Corp. Bellingham, Wash. 1.19 4,581 3,844 1.59
Pinnacle Bancorp Inc. Central City, Neb. 1.19 19,387 16,313 1.92
Mercantile Bankshares Corp. Baltimore 1.19 73,092 61,524 1.74
118 Camden National Corp. Maine 1.18 5,259 4,473 1.21
119 United Heritage Bankshares of Florida Inc. Orlando 1.17 2,000 1,704 1.13
Central Pacific Financial Corp. Honolulu 1.17 20,438 17,485 1.58
121 Ames National Corp. Iowa 1.16 2,764 2,374 1.35
Commonwealth Bankshares Inc. Norfolk, Va. 1.16 2,514 2,162 1.59
Mid State Banks Inc. Hawkinsville, Ga. 1.16 2,404 2,070 2.46
Security Holding Co. Fredericksburg, Tex. 1.16 2,837 2,449 2.08
125 International Bancshares Corp. Laredo, Tex. 1.15 34,659 30,134 1.30
126 Palm Bancorp Palmerton, Pa. 1.14 1,705 1,495 1.34
Myers Bancshares Inc. Alva, Okla. 1.14 935 820 1.72
First Breckinridge Bancshares Inc. Irvington, Ky. 1.14 2,324 2,042 1.65
Commercial Holding Co. Paris, Tenn. 1.14 2,221 1,952 1.81
130 Ambank Co. Inc. Sioux Center, Iowa 1.13 2,092 1,846 1.57
American River Bankshares Rancho Cordova, Calif. 1.13 2,137 1,889 1.41
West Suburban Bancorp Inc. Lombard, Ill. 1.13 6,482 5,734 1.40
Porter Bancorp Inc. Louisville, Ky. 1.13 3,430 3,048 1.40
134 Blossman Bancshares Inc. Lacombe, La. 1.12 2,452 2,188 1.75
First Western Bancorp Inc. Huron, S.D. 1.12 4,292 3,835 2.03
Community Bancorp Las Vegas 1.12 3,763 3,364 1.52
First Keystone Corp. Berwick, Pa. 1.12 1,459 1,306 1.14
138 Associated Banc-Corp Green Bay, Wis. 1.11 83,549 74,988 1.57
Bank of Highland Park Financial Corp. Highland Park, Ill. 1.11 1,748 1,575 0.78
Whitcorp Financial Co. Leoti, Kan. 1.11 1,930 1,742 1.64
Hudson Valley Holding Corp. Yonkers, N.Y. 1.11 8,701 7,870 1.59
142 National Bankshares Inc. Blacksburg, Va. 1.10 3,227 2,929 1.55
Rockhold Bancorp Kirksville, Mo. 1.10 976 886 0.88
Integrity Bancshares Inc. Alpharetta, Ga. 1.10 2,781 2,525 1.22
Penns Woods Bancorp Inc. Williamsport, Pa. 1.10 2,434 2,214 1.71
Nara Bancorp Inc. Los Angeles 1.10 7,902 7,216 1.62
147 Frontenac Bancshares Inc. Earth City, Mo. 1.09 804 737 0.75
Heartland Bancorp Inc. Bloomington, Ill. 1.09 4,349 3,996 1.87
149 Mercantile Bank Corp. Grand Rapids, Mich. 1.08 5,110 4,717 1.05
First Community Bancshares Inc. Bluefield, Va. 1.08 7,292 6,735 1.47
Paragon Commercial Corp. Raleigh, N.C. 1.08 1,588 1,475 1.22

* Only domestic holding companies that file a Y-9C report with the Fed are included.

Source: SNL Financial, Charlottesville, Va, (www.snl.com)

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