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, BenefitsIn the third quarter of 2007. Dollars in thousands
Published March 11, 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 10.63 $9,747 $917 3.74%
2 Mackinac Financial Corp. Manistique, Mich. 4.81 8,055 1,673 8.05
3 Amboy Bancorp. Old Bridge, N.J. 4.62 19,883 4,308 2.78
4 Intervest Bancshares Corp. New York 3.47 4,841 1,397 0.95
Pedcor Capital LLC Carmel, Ind. 3.47 6,220 1,795 6.34
6 Columbian Financial Corp. Overland Park, Kan. 3.00 4,977 1,657 2.80
7 SBC Inc. Countryside, Ill. 2.88 7,828 2,720 3.22
8 Platte Valley Financial Service Cos. Inc. Scottsbluff, Neb. 2.74 4,054 1,479 3.36
9 First Financial Northwest Inc. Renton, Wash. 2.36 2,697 1,142 0.99
Thornton Holding Co. Inc. Douglasville, Ga. 2.36 2,750 1,165 2.69
Valley View Bancshares Inc. Overland Park, Kan. 2.36 21,017 8,911 3.05
12 Inwood Bancshares Inc. Dallas 2.23 7,761 3,485 2.35
13 Stockman Financial Corp. Miles City, Mont. 2.12 10,859 5,126 3.37
14 First Mutual Bancorp of Illinois Inc. Harvey, Ill. 2.09 5,749 2,747 1.78
15 United Bancorp. of Wyoming Inc. Jackson 1.97 10,182 5,168 2.53
16 Washington First Financial Group Inc. Seattle 1.90 3,276 1,720 2.06
Texas Independent Bancshares Inc. Texas City 1.90 2,151 1,135 1.43
18 Lakeside Bancorp Inc. Chicago 1.85 4,185 2,268 1.89
19 Citizens Bankshares Inc. Farmington, N.M. 1.82 3,174 1,747 2.37
20 Olney Bancshares of Texas Inc. Olney 1.81 6,805 3,759 2.24
21 Hillcrest Bancshares Inc. Overland Park, Kan. 1.80 5,500 3,064 1.19
22 St. Landry Bancshares Inc. Opelousas, La. 1.79 1,345 751 2.48
23 United National Corp. Sioux Falls, S.D. 1.78 70,488 39,570 18.77
Diamond Bancorp Inc. Washington, Mo. 1.78 3,542 1,994 2.50
25 Ida Grove Bancshares Inc. Iowa 1.76 4,250 2,412 1.82
26 Chinatrust Capital Corp. Torrance, Calif. 1.74 11,554 6,623 1.85
27 Frontier Financial Corp. Everett, Wash. 1.72 20,227 11,752 2.29
28 Barnes Bancorp. Kaysville, Utah 1.63 5,365 3,290 2.57
Manhattan Banking Corp. Kan. 1.63 2,214 1,359 1.40
30 Carbon County Holding Co. Rawlins, Wyo. 1.61 1,465 909 3.65
31 Capitol Bancorp. Inc. Britton, S.D. 1.58 3,178 2,008 2.16
S&T Bancorp Inc. Indiana, Pa. 1.58 15,660 9,911 1.88
33 Triangle Financial Group Inc. Loganville, Ga. 1.52 2,121 1,398 1.56
Mesaba Bancshares Inc. Grand Rapids, Minn. 1.52 3,054 2,014 1.85
35 First National Community Bancorp Inc. Dunmore, Pa. 1.48 4,408 2,982 1.39
36 West Bancorp. Inc. West Des Moines, Iowa 1.47 4,947 3,354 1.53
37 CNB Bancshares Inc. Sevierville, Tenn. 1.46 3,430 2,345 2.03
United Security Bancshares Fresno 1.46 3,656 2,503 1.87
West Financial Inc. El Paso 1.46 3,701 2,535 2.28
Chambers Bancshares Inc. Danville, Ark. 1.46 3,566 2,449 1.80
41 ANB Bancshares Inc. Rogers, Ark. 1.45 5,887 4,061 1.21
42 Bankmanagers Corp. Milwaukee 1.39 3,803 2,741 1.94
43 American National Corp. Omaha 1.38 7,950 5,754 1.95
FCB Florida Bancorp. Inc. Orlando 1.38 2,678 1,941 1.49
45 Amarillo National Bancorp Inc. Tex. 1.37 12,510 9,132 2.05
City Holding Co. Charleston, W.Va. 1.37 12,714 9,306 2.03
47 Ambank Co. Inc. Sioux Center, Iowa 1.36 2,304 1,697 1.47
48 New Frontier Bancorp Greeley, Colo. 1.35 3,417 2,526 0.79
Guaranty Development Co. Livingston, Mont. 1.35 2,471 1,827 1.95
50 Delta Bancshares Co. St. Louis 1.34 2,077 1,547 1.01
51 Bank of Highland Park Financial Corp. Ill. 1.33 2,098 1,572 0.74
Central Bancorp. Provo, Utah 1.33 4,361 3,269 3.02
United Community Bancorp Inc. Chatham, Ill. 1.33 2,520 1,898 1.64
54 City National Bancshares Inc. Miami 1.32 12,613 9,573 1.84
55 Lauritzen Corp. Omaha 1.31 11,945 9,147 3.81
56 Sierra Bancorp Porterville, Calif. 1.30 5,270 4,045 1.75
Citco Community Bancshares Inc. Elizabethton, Tenn. 1.30 3,092 2,380 2.05
Crews Banking Corp. Wauchula, Fla. 1.30 5,608 4,326 1.88
59 Orion Bancorp Inc. Naples, Fla. 1.28 7,109 5,542 1.10
Parkway Bancorp Inc. Harwood Heights, Ill. 1.28 5,772 4,520 1.18
61 Beverly Hills Bancorp Inc. Calabasas, Calif. 1.26 2,338 1,853 0.58
62 Virginia Commerce Bancorp Inc. Arlington 1.25 6,828 5,451 1.26
63 Builders Financial Corp. Chicago 1.23 2,611 2,120 2.23
WNB Bancshares Inc. Odessa, Tex. 1.23 4,090 3,329 2.26
65 Northfield MHC Vt. 1.22 2,394 1,956 1.75
National Bankshares Inc. Blacksburg, Va. 1.22 3,196 2,620 1.48
New Mexico Banquest Corp. Santa Fe 1.22 3,070 2,517 2.25
68 Florida Community Banks Inc. Immokalee, Fla. 1.21 3,297 2,717 1.35
First National Lincoln Corp. Damariscotta, Maine 1.21 3,415 2,819 1.18
Bank of the Ozarks Inc. Little Rock 1.21 8,402 6,936 1.29
First South Bancorp Inc. Washington, N.C. 1.21 4,258 3,524 1.89
72 People’s Utah Bancorp American Fork 1.20 4,818 4,009 2.23
First Security Bankshares Inc. Lavonia, Ga. 1.20 1,541 1,283 1.88
First McMinnville Corp. Tenn. 1.20 1,007 842 1.23
First Citizens Financial Corp. Mason City, Iowa 1.20 3,331 2,787 1.35
76 Traditional Bancorp. Inc. Mount Sterling, Ky. 1.19 2,806 2,349 1.43
77 Ames National Corp. Iowa 1.18 2,941 2,482 1.39
Nara Bancorp Inc. Los Angeles 1.18 8,782 7,435 1.56
79 United Bank Corp. Barnesville, Ga. 1.17 4,373 3,729 2.79
First Keystone Corp. Berwick, Pa. 1.17 1,541 1,316 1.15
Durant Bancorp Inc. Okla. 1.17 8,566 7,330 1.96
82 Intrust Financial Corp. Wichita 1.15 18,947 16,447 2.26
Wilshire Bancorp Inc. Los Angeles 1.15 6,644 5,770 1.28
Horizon Financial Corp. Bellingham, Wash. 1.15 4,913 4,269 1.50
Midland Bancshares Inc. Tex. 1.15 2,075 1,809 1.78
Alikat Investments Inc. Gurnee, Ill. 1.15 1,275 1,113 0.81
87 Silver State Bancorp Henderson, Nev. 1.14 7,210 6,321 1.80
88 Cascade Bancorp Bend, Ore. 1.12 10,018 8,925 1.70
First Community Bancshares Inc. Bluefield, Va. 1.12 7,316 6,522 1.34
Foster Bankshares Inc. Chicago 1.12 2,161 1,929 1.72
91 Albank Corp. Chicago 1.11 1,781 1,607 1.38
92 Myers Bancshares Inc. Alva, Okla. 1.09 862 789 1.52
Cascade Financial Corp. Everett, Wash. 1.09 3,786 3,469 1.13
Community Trust Bancorp Inc. Pikeville, Ky. 1.09 10,476 9,604 1.40
First New Mexico Financial Corp. Deming 1.09 1,221 1,122 1.52
Palm Bancorp Palmerton, Pa. 1.09 1,713 1,575 1.22
Republic Bancorp Co. Orland Park, Ill. 1.09 2,313 2,127 1.20
98 Camden National Corp. Maine 1.08 4,998 4,609 1.14
First-West Texas Bancshares Inc. Midland 1.08 1,937 1,796 1.79
Commonwealth Bankshares Inc. Norfolk, Va. 1.08 2,769 2,571 1.41
101 Porter Bancorp Inc. Louisville, Ky. 1.06 3,299 3,115 1.06
102 FSB Mutual Holdings Inc. Perkasie, Pa. 1.05 2,288 2,176 0.92
Smithtown Bancorp Inc. Hauppauge, N.Y. 1.05 3,819 3,640 1.41
104 Bancorp Inc. Wilmington, Del. 1.04 3,854 3,698 1.11
Southern Utah Bancorp. Cedar City 1.04 2,449 2,354 1.72
FirstPerryton Bancorp Inc. Perryton, Tex. 1.04 2,660 2,560 1.70
First Financial Bankshares Inc. Abilene, Tex. 1.04 12,250 11,801 1.71
Community Bancorp Las Vegas 1.04 5,531 5,337 1.33
109 Penseco Financial Services Corp. Scranton, Pa. 1.03 2,181 2,108 1.49
Peotone Bancorp Inc. Ill. 1.03 1,487 1,439 1.36
Heartland Bancorp Inc. Bloomington, Ill. 1.03 5,388 5,223 1.48
Security National Corp. Omaha 1.03 2,607 2,540 1.83
113 BOU Bancorp Inc. Ogden, Utah 1.02 3,868 3,786 2.18
Security Holding Co. Fredericksburg, Tex. 1.02 2,826 2,768 1.94
One American Corp. Vacherie, La. 1.02 3,211 3,153 1.85
116 West Suburban Bancorp Inc. Lombard, Ill. 1.01 6,074 5,992 1.30
CBX Corp. Carrollton, Ill. 1.01 1,808 1,784 1.09
Whitcorp Financial Co. Leoti, Kan. 1.01 1,996 1,977 1.61
Midland Financial Corp. Casper, Wyo. 1.01 2,023 2,006 1.96
Hometown Community Bancorp Inc. Morton, Ill. 1.01 3,648 3,628 1.03
Cameron Bancshares Inc. Lake Charles, La. 1.01 2,247 2,235 1.58
122 Tri-County Financial Corp. Waldorf, Md. 1.00 1,885 1,884 1.27
Suffolk Bancorp Riverhead, N.Y. 1.00 6,043 6,061 1.72
Penns Woods Bancorp Inc. Williamsport, Pa. 1.00 2,322 2,330 1.55
125 American River Bankshares Rancho Cordova, Calif. 0.99 2,152 2,166 1.51
First Paragould Bankshares Inc. Ark. 0.99 1,618 1,630 1.17
NEB Corp. Fond Du Lac, Wis. 0.99 4,483 4,526 1.40
Georgian Bancorp. Inc. Atlanta 0.99 5,221 5,285 1.07
Alpine Banks of Colorado Glenwood Springs 0.99 9,899 10,031 1.74
Centrue Financial Corp. Ottawa, Ill. 0.99 3,838 3,892 1.14
131 Rockhold Bancorp Kirksville, Mo. 0.98 839 854 0.74
Frandsen Financial Corp. Arden Hills, Minn. 0.98 4,111 4,185 1.46
First Financial Banc Corp. El Dorado, Ark. 0.98 2,929 2,997 2.07
1867 Western Financial Corp. Stockton, Calif. 0.98 7,518 7,710 1.63
135 Hudson Valley Holding Corp. Yonkers, N.Y. 0.97 9,091 9,363 1.55
136 Sunflower Banks Inc. Salina, Kan. 0.96 6,367 6,600 1.76
Blackhawk Bancorp. Inc. Milan, Ill. 0.96 1,612 1,672 0.86
American Bancorp. Inc. Sapulpa, Okla. 0.96 2,190 2,280 1.60
139 Cashmere Valley Financial Corp. Cashmere, Wash. 0.95 2,607 2,739 1.20
Great Southern Bancorp Inc. Springfield, Mo. 0.95 7,318 7,692 1.24
Auburn National Bancorp. Inc. Ala. 0.95 1,749 1,844 1.07
Palos Bancshares Inc. Palos Heights, Ill. 0.95 1,950 2,058 1.51
Great Western Bancorp. Inc. Omaha 0.95 9,881 10,451 1.16
144 Gulfstream Bancshares Inc. Stuart, Fla. 0.94 1,351 1,431 1.06
Sturm Financial Group Inc. Denver 0.94 10,978 11,702 2.07
146 First Bancshares Inc. Whiting, Ind. 0.93 7,187 7,702 1.70
Southeast Bancshares Inc. Chanute, Kan. 0.93 834 896 1.35
Marshfield Investment Co. Springfield, Mo. 0.93 2,257 2,427 1.61
American National Bankshares Inc. Danville, Va. 0.93 2,934 3,159 1.52
Tower Bancorp Inc. Greencastle, Pa. 0.93 1,818 1,960 1.25


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

SNL Financial
, Charlottesville, Va.
© 2008 American Banker