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, BenefitsOn Dec. 31, 2007. Dollars in thousands
Published June 26, 2008

Related Table: Leaders in Net Income, Return on Assets
Multiple Net income Salary and
benefits
Return on
average assets
1 Broadway Bancorp Inc. Chicago 12.07 $49,087 $4,068 NA
2 Amboy Bancorp. Old Bridge, N.J. 4.07 66,140 16,266 2.25%
3 Intervest Bancshares Corp. New York 3.43 19,440 5,675 0.96
4 Columbian Financial Corp. Overland Park, Kan. 3.19 20,441 6,398 NA
5 SBC Inc. Countryside, Ill. 2.74 30,441 11,130 3.06
6 Corus Bankshares Inc. Chicago 2.37 106,204 44,866 1.13
7 United National Corp. Sioux Falls, S.D. 1.98 322,432 163,091 21.91
8 Thornton Holding Co. Inc. Douglasville, Ga. 1.88 9,379 4,988 2.32
Washington First Financial Group Inc. Seattle 1.88 11,578 6,165 1.86
10 East West Bancorp Inc. Pasadena, Calif. 1.85 161,167 87,242 1.45
11 Cathay General Bancorp Los Angeles 1.82 125,469 68,949 1.38
12 Lakeside Bancorp Inc. Chicago 1.79 16,849 9,389 1.93
Westamerica Bancorp. San Rafael, Calif. 1.79 89,776 50,142 1.93
14 United Bancorp. of Wyoming Inc. Jackson 1.77 37,013 20,917 2.37
Inwood Bancshares Inc. Dallas 1.77 27,838 15,766 2.14
16 Olney Bancshares of Texas Inc. 1.76 27,068 15,391 2.06
Stockman Financial Corp. Miles City, Mont. 1.76 36,017 20,488 2.76
18 New York Community Bancorp Inc. Westbury 1.75 279,082 159,218 0.94
19 Marshall & Ilsley Corp. Milwaukee 1.74 1,150,936 659,871 1.98
City National Bancshares Inc. Miami 1.74 68,503 39,290 2.45
21 Hershenhorn Bancorp. Inc. Palatine, Ill. 1.72 8,707 5,070 1.78
22 Citizens Bankshares Inc. Farmington, N.M. 1.71 11,764 6,899 2.25
23 Diamond Bancorp Inc. Washington, Mo. 1.69 13,490 7,988 2.42
Apple Financial Holdings Inc. New York 1.69 75,246 44,602 0.96
25 Franklin Resources Inc. San Mateo, Calif. 1.68 1,864,454 1,109,908 19.26
Capitol Bancorp. Inc. Britton, S.D. 1.68 13,654 8,140 2.35
27 Ida Grove Bancshares Inc. Iowa 1.66 16,053 9,666 1.74
28 Manhattan Banking Corp. Manhattan, Kan. 1.65 8,876 5,389 1.42
29 Frontier Financial Corp. Everett, Wash. 1.54 73,938 48,089 2.13
30 Mackinac Financial Corp. Manistique, Mich. 1.52 10,163 6,667 2.59
31 Valley View Bancshares Inc. Overland Park, Kan. 1.50 52,960 35,416 1.93
32 Barnes Bancorp. Kaysville, Utah 1.49 20,151 13,551 2.41
33 New Frontier Bancorp Greeley, Colo. 1.46 14,380 9,839 0.88
34 Oriental Financial Group Inc. San Juan, Puerto Rico 1.45 41,266 28,376 0.77
35 Hillcrest Bancshares Inc. Overland Park, Kan. 1.44 17,868 12,401 0.97
36 Carbon County Holding Co. Rawlins, Wyo. 1.42 5,501 3,876 3.50
Prosperity Bancshares Inc. Houston 1.42 90,633 63,910 1.49
City Holding Co. Charleston, W.Va. 1.42 51,026 36,034 2.03
39 Magnolia Banking Corp. Ark. 1.41 9,160 6,494 NA
40 West Bancorp. Inc. West Des Moines, Iowa 1.40 18,920 13,560 1.44
41 S&T Bancorp Inc. Indiana, Pa. 1.39 56,144 40,387 1.69
United Bankshares Inc. Charleston, W.Va. 1.39 90,674 65,239 1.28
43 First Mutual Bancorp of Illinois Inc. Harvey 1.38 14,129 10,208 1.09
U.S. Bancorp Minneapolis 1.38 4,324,000 3,127,000 1.93
45 Bankmanagers Corp. Milwaukee 1.37 14,910 10,853 1.87
West Financial Inc. El Paso 1.37 14,239 10,410 2.21
47 American Bank Inc. Allentown, Pa. 1.36 3,920 2,891 0.78
48 Alikat Investments Inc. Gurnee, Ill. 1.33 5,696 4,271 0.92
49 Florida Community Banks Inc. Immokalee 1.32 14,125 10,712 1.44
50 Central Bancorp. Provo, Utah 1.30 16,854 12,949 2.92
51 Chambers Bancshares Inc. Danville, Ark. 1.29 13,023 10,078 1.61
Stearns Financial Services Inc. St.Cloud, Minn. 1.29 30,305 23,459 1.94
53 Mesaba Bancshares Inc. Grand Rapids, Minn. 1.28 10,060 7,833 1.67
54 WNB Bancshares Inc. Odessa, Tex. 1.27 16,597 13,029 2.26
United Community Bancorp Inc. Chatham, Ill. 1.27 9,824 7,763 1.61
56 PacWest Bancorp San Diego 1.26 90,326 71,440 1.73
FCB Florida Bancorp. Inc. Orlando 1.26 9,853 7,838 1.40
58 American National Corp. Omaha 1.25 28,577 22,794 1.76
Delta Bancshares Co. St. Louis 1.25 7,985 6,395 0.98
Parkway Bancorp Inc. Harwood Heights, Ill. 1.25 21,925 17,606 1.12
61 Farmers Enterprises Inc. Great Bend, Kan. 1.23 8,232 6,668 1.47
First National Community Bancorp Inc. Dunmore, Pa. 1.23 14,696 11,917 1.18
63 First South Bancorp Inc. Washington, N.C. 1.22 17,003 13,952 1.88
64 Pinnacle Financial Corp. Elberton, Ga. 1.21 10,552 8,688 NA
Amarillo National Bancorp Inc. Tex. 1.21 46,443 38,244 1.94
MetLife Inc. New York 1.21 4,316,856 3,557,305 0.79
St. Landry Bancshares Inc. Opelousas, La. 1.21 4,341 3,596 1.99
68 Durant Bancorp Inc. Okla. 1.19 33,509 28,067 1.93
Southern Utah Bancorp. Cedar City, Utah 1.19 10,375 8,705 1.84
Traditional Bancorp. Inc. Mount Sterling, Ky. 1.19 10,961 9,229 1.39
First Bancorp Inc. Damariscotta, Maine 1.19 13,101 11,037 1.16
72 Sierra Bancorp Porterville, Calif. 1.18 21,022 17,861 1.74
National Bankshares Inc. Blacksburg, Va. 1.18 12,675 10,773 1.46
74 Bank of Highland Park Financial Corp. Ill. 1.17 7,617 6,489 0.68
Horizon Financial Corp. Bellingham, Wash. 1.17 19,554 16,667 1.51
FSB Mutual Holdings Inc. Perkasie, Pa. 1.17 8,387 7,173 0.84
77 First Security Bankshares Inc. Lavonia, Ga. 1.16 6,053 5,211 1.85
Synovus Financial Corp. Columbus, Ga. 1.16 526,305 455,159 1.60
79 First Community Bancshares Inc. Bluefield, Va. 1.15 29,632 25,710 1.39
Nara Bancorp Inc. Los Angeles 1.15 33,199 28,979 1.50
81 Virginia Commerce Bancorp Inc. Arlington 1.14 25,787 22,536 1.21
Guaranty Development Co. Livingston, Mont. 1.14 9,214 8,054 1.88
Cascade Financial Corp. Everett, Wash. 1.14 15,546 13,603 1.14
Porter Bancorp Inc. Louisville 1.14 14,229 12,470 1.17
85 Hometown Community Bancorp Inc. Morton, Ill. 1.12 14,969 13,309 1.06
First Citizens Financial Corp. Mason City, Iowa 1.12 14,400 12,824 1.50
87 Bank of the Ozarks Inc. Little Rock 1.11 31,746 28,661 1.22
Wilshire Bancorp Inc. Los Angeles 1.11 26,806 24,258 1.31
89 First Keystone Corp. Berwick, Pa. 1.10 6,127 5,576 1.09
Camden National Corp. Maine 1.10 20,283 18,485 1.15
People’s Utah Bancorp American Fork 1.10 17,527 15,981 2.07
92 Ames National Corp. Iowa 1.09 11,009 10,057 1.30
CVB Financial Corp. Ontario, Calif. 1.09 60,584 55,395 0.99
Ambank Co. Inc. Sioux Center, Iowa 1.09 8,662 7,961 1.40
Pinnacle Bancorp Inc. Central City, Neb. 1.09 76,649 70,497 1.72
BOU Bancorp Inc. Ogden, Utah 1.09 15,825 14,565 2.27
CBX Corp. Carrollton, Ill. 1.09 7,639 7,034 1.15
98 Fidelity Holding Co. Minnetonka, Minn. 1.08 4,317 4,006 1.17
99 Pedcor Capital LLC Carmel, Ind. 1.07 7,528 7,041 1.91
Orion Bancorp Inc. Naples, Fla. 1.07 26,004 24,337 1.01
Henry County Bancshares Inc. Stockbridge, Ga. 1.07 8,709 8,153 1.19
First Guaranty Bancshares Inc. Hammond, La. 1.07 10,262 9,613 NA
103 Myers Bancshares Inc. Alva, Okla. 1.06 3,562 3,350 1.58
Crews Banking Corp. Wauchula, Fla. 1.06 19,361 18,223 1.60
Cashmere Valley Financial Corp. Cashmere, Wash. 1.06 11,064 10,436 1.31
Machias Bancorp MHC Maine 1.06 12,363 11,677 1.59
Albank Corp. Chicago 1.06 7,157 6,781 1.40
108 Commonwealth Bankshares Inc. Norfolk, Va. 1.05 11,167 10,605 1.44
Valley National Bancorp Wayne, N.J. 1.05 153,228 145,650 1.25
First McMinnville Corp. Tenn. 1.05 3,692 3,513 1.14
Republic Bancorp Co. Orland Park, Ill. 1.05 9,260 8,831 1.18
First Financial Bankshares Inc. Abilene, Tex. 1.05 49,490 47,263 1.72
Triangle Financial Group Inc. Loganville, Ga. 1.05 5,650 5,400 1.06
114 UCBH Holdings Inc. San Francisco 1.04 102,308 98,048 0.97
Foster Bankshares Inc. Chicago 1.04 8,004 7,672 1.60
CNB Bancshares Inc. Sevierville, Tenn. 1.04 9,580 9,199 1.45
117 United Security Bancshares Fresno 1.03 11,258 10,883 1.48
118 FirstPerryton Bancorp Inc. Tex. 1.02 10,284 10,092 1.62
119 Marshall Bankfirst Corp. Minneapolis 1.01 24,563 24,315 3.93
American River Bankshares Rancho Cordova, Calif. 1.01 8,478 8,396 1.47
Massbank Corp. Reading, Mass. 1.01 7,731 7,668 0.95
122 Security National Corp. Omaha 1.00 9,983 9,977 1.80
123 First New Mexico Financial Corp. Deming 0.99 4,590 4,617 1.51
124 Silver State Bancorp Henderson, Nev. 0.98 24,829 25,331 1.63
United Bank Corp. Barnesville, Ga. 0.98 14,537 14,849 2.30
Great Southern Bancorp Inc. Springfield, Mo. 0.98 29,299 29,935 1.25
First Financial Banc Corp. El Dorado, Ark. 0.98 11,461 11,710 2.05
Penns Woods Bancorp Inc. Williamsport, Pa. 0.98 8,877 9,078 1.48
129 West Suburban Bancorp Inc. Lombard, Ill. 0.97 23,413 24,113 1.26
Auburn National Bancorp. Inc. Ala. 0.97 6,920 7,142 1.06
Smithtown Bancorp Inc. Hauppauge, N.Y. 0.97 14,275 14,744 1.32
Bank of Hawaii Corp. Honolulu 0.97 183,703 189,747 1.75
Blackhawk Bancorp. Inc. Milan, Ill. 0.97 6,869 7,098 0.94
215 Holding Co. Minneapolis 0.97 5,718 5,919 1.63
135 Bancorp Inc. Wilmington, Del. 0.96 14,340 14,917 1.04
Security Holding Co. Fredericksburg, Tex. 0.96 10,767 11,206 1.87
Palm Bancorp Palmerton, Pa. 0.96 6,467 6,743 1.16
Alpine Banks of Colorado Glenwood Springs 0.96 38,094 39,761 1.72
Heartland Bancorp Inc. Bloomington, Ill. 0.96 18,840 19,684 1.37
NEB Corp. Fond Du Lac, Wis. 0.96 17,310 18,092 1.35
Lauritzen Corp. Omaha 0.96 34,666 36,267 2.77
142 Southeast Bancshares Inc. Chanute, Kan. 0.95 3,433 3,596 1.37
Lincolnwood Bancorp Inc. Lincolnwood, Ill. 0.95 4,455 4,667 1.99
1867 Western Financial Corp. Stockton, Calif. 0.95 29,747 31,211 1.62
145 River Valley Bancorp. Inc. Wausau, Wis. 0.94 14,745 15,653 1.82
Beverly Hills Bancorp Inc. Calabasas, Calif. 0.94 6,922 7,362 0.43
San Joaquin Bancorp Bakersfield, Calif. 0.94 9,418 10,023 1.21
Midland Financial Corp. Casper, Wyo. 0.94 7,782 8,288 1.89
Hudson Valley Holding Corp. Yonkers, N.Y. 0.94 34,686 37,019 1.50
150 New York Private Bank and Trust Corp. 0.93 119,648 128,006 0.79


Note: Only domestic holding companies that file Y-9C reports are included. Based on Y9C filings by top tier bank holding companies with the Federal Reserve.
Source:

SNL Financial
, Charlottesville, Va.
© 2008 American Banker