On several key measures banks and thrifts with $2 billion to $10 billion of assets showed improvement over the past year.

Core deposits among institutions in this size range grew a median of 8.67% in 2014 compared with the previous year, and net loans rose a median of 11.24%, an analysis by Capital Performance Group shows. That's partly because gathering core deposits has become a strategic focus for many as a means to fund higher loan demand, says Kevin Halsey, a senior analyst for CPG.

These upward trends contributed to median revenue growth of 4.97% for the overall group and, even though noninterest expenses also increased, a lot of the new revenue apparently went to the bottom line, as median net income increased 9.19%.

Three-year average returns on equity — the measure used as the basis for our ranking — also offers evidence of positive momentum. This year 40% of the mid-tiers posted double digits, up from 34% in our previous ranking and 25% in the one prior to that.

To get a sense of what helps separate the highest performers from the rest, CPG compared metrics for the top 20 institutions on this list with the overall peer group. Fee income, loan growth and net interest income were among the differentiators in 2014.

The top 20 had a median noninterest income to average assets ratio of 1.36% compared to 0.92% for peers, with net gains on the sale of loans and deposit service charges contributing to the disparity.

The top 20 also had a median net interest income to average assets ratio of 3.62%, which is 34 basis points better than the peer group. CPG attributes this to their ability to achieve better loan growth while maintaining higher yields (a median of 4.08% on average assets compared to 3.95% for peers).

Though loan growth for the mid-tiers overall was in the double digits, the median for the top 20 was a very impressive 15.92%. The growth for both groups was led in part by 1-to-4 family loans and commercial and industrial loans.

Of the 191 public and private companies included in this ranking, 20 of them grew their way into the mid-tier segment during 2014 by climbing above $2 billion of assets, according to the CPG analysis. Five others scrolled off the list because they shot past the $10 billion mark during the year.

Since those registered as subchapter S corporations are not subject to federal corporate income tax, their data is adjusted accordingly to allow for a fair comparison with their peers.

To avoid having deferred tax assets skew the results, the ranking excludes institutions for which a negative provision for taxes contributed more than 10% to net income in 2014, 2013 or 2012.

 

Banks and Thrifts with $2 Billion to $10 Billion of Assets

Rank Institution Location Total
Assets
($000)
3-Yr.
Avg.
ROAE (%)
ROAE
(%)
ROAA
(%)
Efficiency
Ratio
FTE (%)
Net
Interest
Margin (%)
Cost of
Funds (%)
Net Loan
Growth,
YOY (%)
Change in
Noninterest
Expenses,
YOY (%)
Change in
Net Income,
YOY (%)
1 Fremont Bancorp.* Fremont, CA 2,721,714 24.64 10.82 0.88 77.68 3.86 0.22 16.68 -12.71 -58.54
2 Union Savings Bank* Cincinnati, OH 2,446,095 21.98 11.86 1.21 54.36 2.62 0.70 26.06 -14.74 -43.63
3 HomeStreet Seattle, WA 3,534,779 18.98 7.69 0.69 87.48 3.53 0.42 26.43 10.50 -6.51
4 Wilshire Bancorp Los Angeles, CA 4,155,464 18.19 12.55 1.57 51.39 4.23 0.46 15.16 25.87 30.05
5 State Bankshares Fargo, ND 3,273,905 17.61 20.04 1.51 65.78 3.86 0.42 10.20 8.52 57.93
6 BofI Holding San Diego, CA 5,194,721 17.53 18.31 1.56 34.28 4.17 1.01 54.81 13.10 44.73
7 Woodforest Financial Group* The Woodlands, TX 4,555,898 17.25 18.20 1.31 84.47 2.74 0.21 22.15 4.52 24.47
8 Beal Financial Corp.* Plano, TX 7,811,748 16.73 13.21 4.40 20.04 7.97 0.89 -4.59 -11.14 -13.47
9 Heartland Bancorp* Bloomington, IL 2,514,214 16.24 13.69 1.35 58.07 4.32 0.27 3.40 -14.99 9.14
10 Landrum Co. Columbia, MO 2,156,350 16.00 14.72 0.83 67.89 4.21 0.35 8.42 6.03 3.63
11 First Security Bancorp Searcy, AR 4,751,538 15.97 13.86 2.17 39.84 5.71 0.45 2.45 0.67 -1.75
12 Bank of the Ozarks Little Rock, AR 6,766,499 15.84 15.12 2.01 44.00 5.56 0.41 53.13 31.69 36.12
13 ServisFirst Bancshares Birmingham, AL 4,098,679 15.40 14.55 1.40 39.69 3.69 0.42 17.41 21.33 25.85
14 Olney Bancshares of Texas* Olney, TX 2,608,316 15.05 14.47 1.43 48.46 4.06 0.22 24.56 20.62 12.12
15 First Financial Bankshares Abilene, TX 5,848,202 13.87 14.00 1.67 49.14 4.28 0.07 9.25 9.45 13.56
16 German American Bancorp Jasper, IN 2,237,099 13.40 13.22 1.30 56.77 3.76 0.31 4.52 5.11 11.53
17 First Bancshares Merrillville, IN 2,729,739 13.26 12.72 1.22 59.35 3.82 0.34 16.70 4.57 10.19
18 Stock Yards Bancorp Louisville, KY 2,563,995 13.24 14.19 1.45 59.32 3.72 0.25 9.02 3.02 28.16
19 Canandaigua National Corp. Canandaigua, NY 2,117,469 13.19 12.90 1.01 64.64 3.66 0.32 11.29 2.17 6.64
20 Stockman Financial Corp.* Miles City, MT 3,025,682 13.16 12.05 1.17 53.24 3.55 0.51 16.96 9.59 -3.24
21 Westamerica Bancorp. San Rafael, CA 5,036,399 12.99 11.57 1.22 51.23 3.69 0.08 -7.08 -4.96 -9.72
22 USAmeriBancorp Clearwater, FL 3,077,285 12.94 11.29 0.92 57.49 3.45 0.74 9.38 -8.65 -23.77
23 Fishback Financial Corp. Brookings, SD 2,014,004 12.81 11.56 1.33 60.79 4.29 0.55 10.66 0.92 -7.00
24 City Holding Co. Charleston, WV 3,474,969 12.76 13.38 1.56 53.65 3.99 0.40 1.79 -6.89 9.85
25 Amarillo National Bancorp* Amarillo, TX 3,908,212 12.58 12.15 1.34 49.02 3.45 0.22 14.26 9.50 7.30
26 Lakeland Financial Corp. Warsaw, IN 3,443,509 12.52 12.77 1.32 49.15 3.34 0.51 9.23 5.40 12.79
27 Fidelity Southern Corp. Atlanta, GA 3,085,953 12.48 12.10 1.11 74.38 3.66 0.39 26.88 4.86 8.68
28 Burke & Herbert Alexandria, VA 2,615,678 12.43 11.03 1.31 54.56 3.98 0.33 7.59 5.20 -2.66
29 Midland Financial Co.* Oklahoma City, OK 9,803,360 12.36 12.03 1.36 62.24 3.87 0.91 5.54 6.71 13.26
30 Horizon Bancorp Michigan City, IN 2,076,922 12.28 9.96 0.93 66.83 3.90 0.74 29.55 5.99 -8.93
31 Arrow Financial Corp. Glens Falls, NY 2,217,420 12.26 11.79 1.07 57.21 3.17 0.29 11.63 1.55 7.18
32 Home BancShares Conway, AR 7,403,272 12.13 12.35 1.63 42.54 5.43 0.31 12.84 21.57 69.97
33 Eagle Bancorp Bethesda, MD 5,248,715 12.12 11.97 1.32 49.58 4.45 0.36 46.31 18.04 16.98
34 CNB Financial Corp. Clearfield, PA 2,189,321 12.10 12.76 1.07 57.60 3.73 0.60 4.63 20.26 38.34
35 First American Bank Corp.* Elk Grove Village, IL 3,419,973 12.06 10.77 0.69 75.12 2.49 0.34 15.76 6.14 -4.61
36 Park National Corp. Newark, OH 7,003,256 11.89 12.32 1.22 64.52 3.56 0.65 4.70 3.56 8.89
37 Hometown Community* Morton, IL 2,865,792 11.87 12.14 1.02 52.54 3.22 0.82 5.64 5.63 8.76
38 BTC Financial Corp. Des Moines, IA 3,589,951 11.85 13.41 0.85 66.00 3.00 0.58 14.29 4.91 21.84
39 Washington Trust Bancorp Westerly, RI 3,587,732 11.84 11.88 1.23 59.76 3.28 0.82 17.59 -1.89 12.92
40 Farmers & Merchants Bancorp Lodi, CA 2,361,689 11.78 11.53 1.17 54.13 3.90 0.11 23.85 1.14 5.57
41 Talmer Bancorp Troy, MI 5,867,537 11.74 12.56 1.61 68.20 4.13 0.24 41.45 -13.93 -7.82
42 CVB Financial Corp. Ontario, CA 7,377,920 11.72 12.51 1.46 44.53 3.62 0.26 8.13 11.02 8.80
43 Square 1 Financial Durham, NC 3,099,215 11.68 12.86 1.26 51.66 3.94 0.02 24.37 17.98 52.72
44 Meta Financial Group Sioux Falls, SD 2,108,101 11.66 9.27 0.76 74.92 2.94 0.14 46.70 8.15 7.07
45 Alpine Banks of Colorado Glenwood Springs, CO 2,451,605 11.61 13.74 1.07 68.68 4.22 0.19 4.41 4.16 2.97
46 Institution for Savings Newburyport, MA 2,034,487 11.54 12.26 1.55 78.00 2.31 1.21 26.81 45.55 9.78
47 Century Bancorp Medford, MA 3,624,036 11.40 11.57 0.61 62.27 2.24 0.51 5.24 1.73 9.05
48 Bryn Mawr Bank Corp. Bryn Mawr, PA 2,246,506 11.32 11.57 1.32 62.48 3.93 0.33 7.08 0.89 13.91
49 Great Southern Bancorp Springfield, MO 3,956,408 11.18 10.81 1.14 64.82 4.89 0.46 24.86 6.80 29.06
50 TrustCo Bank Corp NY Glenville, NY 4,644,641 11.14 11.57 0.97 54.82 3.16 0.37 8.76 2.27 11.00
51 Educational Services Farragut, TN 3,212,254 11.12 12.83 1.31 57.91 3.19 2.70 20.12 21.92 31.74
52 Republic Bancorp Louisville, KY 3,747,013 11.00 5.16 0.81 69.21 3.33 0.65 17.59 -8.07 13.23
53 American National Corp.* Omaha, NE 2,718,647 11.00 10.92 1.09 57.64 4.00 0.23 9.91 1.84 3.03
54 Enterprise Financial Services Clayton, MO 3,277,028 11.00 9.01 0.86 63.54 4.10 0.50 11.38 -3.49 -17.92
55 Cardinal Financial Corp. McLean, VA 3,399,134 10.96 8.90 1.03 64.88 3.60 0.89 20.19 13.74 28.12
56 Customers Bancorp Wyomissing, PA 6,825,370 10.87 10.39 0.78 56.48 2.91 0.75 79.28 32.84 32.18
57 Community Trust Bancorp Pikeville, KY 3,723,765 10.84 9.94 1.18 59.00 3.91 0.37 4.63 -3.86 -4.25
58 Pinnacle Bancorp* Central City, NE 8,084,758 10.78 10.62 1.11 57.05 3.58 0.31 10.42 2.87 2.37
59 Bremer Financial Corp. Saint Paul, MN 9,231,165 10.66 10.68 1.12 62.18 3.91 0.27 6.95 0.79 12.99
60 Luther Burbank Corp.* Santa Rosa, CA 3,970,158 10.54 6.76 0.61 63.42 2.55 1.10 2.48 39.30 -34.44
61 BBCN Bancorp Los Angeles, CA 7,140,330 10.52 10.45 1.30 48.11 4.10 0.60 9.41 6.34 8.39
62 WSFS Financial Corp. Wilmington, DE 4,853,320 10.47 12.22 1.17 65.50 3.71 0.38 8.09 11.50 14.66
63 BancFirst Corp. Oklahoma City, OK 6,574,975 10.44 10.92 1.00 65.42 3.08 0.22 14.09 6.85 17.62
64 Farmers & Merchants Lincoln, NE 3,085,249 10.43 8.93 0.98 75.17 3.10 0.49 9.23 2.55 -7.06
65 Dime Community Bancshares Brooklyn, NY 4,497,107 10.38 9.83 1.03 45.87 3.03 1.25 11.45 -2.33 1.60
66 Heartland Financial USA Dubuque, IA 6,052,362 10.36 8.95 0.72 72.97 3.95 0.64 11.39 10.46 13.89
67 First of Long Island Corp. Glen Head, NY 2,721,494 10.34 10.25 0.92 51.81 3.07 0.56 22.20 6.41 8.05
68 Boston Private Financial Boston, MA 6,798,034 10.33 10.35 1.04 67.41 3.01 0.45 3.15 3.13 -2.44
69 Durant Bancorp* Durant, OK 2,565,016 10.29 10.50 0.97 72.20 3.68 0.44 10.91 8.65 -5.95
70 Pacific Premier Bancorp Irvine, CA 2,038,897 10.21 8.71 0.91 63.13 4.27 0.48 30.88 9.37 84.77
71 Tompkins Financial Corp. Ithaca, NY 5,269,561 10.18 10.76 1.03 64.20 3.58 0.46 6.25 1.04 2.33
72 Camden National Corp. Camden, ME 2,789,853 10.15 10.38 0.92 60.45 3.12 0.46 12.36 -5.77 7.84
73 Financial Institutions Warsaw, NY 3,089,521 10.12 10.80 0.98 59.73 3.51 0.23 4.14 4.21 14.98
74 Hills Bancorp. Hills, IA 2,334,318 10.11 9.59 1.21 55.24 3.46 0.78 8.84 5.04 4.02
75 First South Bancorp* Lexington, TN 2,428,539 10.11 11.66 1.03 73.05 3.94 0.38 14.90 12.23 19.93
76 CoBiz Financial Denver, CO 3,062,166 10.09 9.82 1.00 69.80 3.97 0.33 15.90 6.96 5.06
77 North American Bancshares Sherman, TX 2,199,214 9.95 11.07 1.22 54.48 3.75 0.35 15.38 -1.80 16.01
78 Glacier Bancorp Kalispell, MT 8,306,823 9.95 11.08 1.42 54.01 4.32 0.34 10.70 10.90 17.89
79 ConnectOne Bancorp Englewood Cliffs, NJ 3,446,761 9.94 6.06 0.74 62.78 3.66 0.72 165.56 116.67 -6.83
80 QCR Holdings Moline, IL 2,524,958 9.87 10.48 0.63 69.25 3.15 0.74 11.68 1.30 0.10
81 Bridge Bancorp Bridgehampton, NY 2,288,547 9.82 7.76 0.64 66.99 3.38 0.32 32.43 38.19 5.12
82 RCB Holding Co.* Claremore, OK 2,442,348 9.67 9.90 0.95 61.75 3.79 0.43 19.64 12.42 8.61
83 ANB Corp. Terrell, TX 2,599,347 9.57 9.09 0.79 71.56 3.55 0.19 18.33 6.55 -0.71
84 TriCo Bancshares Chico, CA 3,916,458 9.48 8.67 0.87 72.68 4.22 0.18 37.50 17.92 -4.71
85 Community Bank Pasadena, CA 3,585,719 9.47 9.32 0.75 64.02 3.22 0.60 11.10 10.54 3.62
86 First Interstate BancSystem Billings, MT 8,604,995 9.45 9.87 1.07 64.56 3.51 0.26 13.22 7.92 -2.01
87 1st Source Corp. South Bend, IN 4,830,325 9.43 9.65 1.21 62.62 3.60 0.44 4.10 1.38 5.66
88 Enterprise Bancorp Lowell,MA 2,022,228 9.27 9.21 0.77 73.08 4.03 0.25 9.98 11.05 8.29
89 Midland States Bancorp Effingham, IL 2,700,475 9.20 6.63 0.60 77.31 3.84 0.44 60.01 14.23 -28.86
90 Independent Bank Group* McKinney, TX 4,132,640 9.18 6.75 0.86 63.48 4.14 0.51 86.06 52.94 46.35
91 Community Bank System DeWitt, NY 7,489,440 9.17 9.65 1.24 60.52 3.68 0.18 3.11 -26.71 15.89
92 Independent Bank Corp. Rockland, MA 6,364,912 9.14 9.66 0.95 63.64 3.49 0.37 5.32 -0.85 19.09
93 Stifel Financial Corp. Saint Louis, MO 9,518,152 8.99 8.09 1.87 86.30 2.16 0.74 30.70 7.13 8.67
94 Mercantile Bank Corp. Grand Rapids, MI 2,893,379 8.97 8.07 0.76 72.32 3.79 0.56 100.81 73.08 1.74
95 NBT Bancorp Norwich, NY 7,797,926 8.90 8.87 0.97 63.33 3.65 0.34 3.59 7.11 21.58
96 Dacotah Banks Aberdeen, SD 2,172,802 8.89 8.45 0.89 63.66 4.09 0.46 7.61 6.94 0.94
97 W.T.B. Financial Corp. Spokane, WA 4,771,922 8.87 9.15 0.92 64.73 3.57 0.14 5.71 3.43 -4.41
98 Flushing Financial Corp. Lake Success, NY 5,077,013 8.85 9.82 0.91 58.00 3.31 1.14 11.24 13.14 17.18
99 Commerce Bancshares Worcester, MA 2,094,745 8.71 8.36 0.63 60.09 2.70 0.44 15.02 -6.17 -16.33
100 ViewPoint Bank‡ Plano, TX 4,162,328 8.64 8.55 1.06 54.90 3.96 0.54 25.53 -0.74 17.75
101 OceanFirst Financial Corp. Toms River, NJ 2,361,006 8.64 9.18 0.86 64.49 3.38 0.37 9.78 -3.34 21.98
102 First Financial Corp. Terre Haute, IN 2,998,784 8.59 8.39 1.12 61.88 4.12 0.22 -0.50 1.52 7.10
103 First Merchants Corp. Muncie, IN 5,825,132 8.53 8.91 1.08 63.98 3.80 0.44 8.36 17.18 35.10
104 S&T Bancorp Indiana, PA 4,964,686 8.52 9.72 1.22 58.07 3.50 0.30 8.57 -0.30 14.58
105 Farmers & Merchants Bank Long Beach, CA 5,581,239 8.48 7.96 1.15 54.67 3.51 0.15 23.15 10.70 0.39
106 MainSource Financial Group Greensburg, IN 3,141,038 8.44 8.81 0.99 67.63 3.83 0.34 17.72 1.01 10.06
107 First Financial Bancorp. Cincinnati, OH 7,217,821 8.42 8.94 0.96 65.61 3.75 0.32 21.14 -12.57 34.44
108 WesBanco Wheeling, WV 6,299,505 8.41 8.97 1.12 59.17 3.63 0.41 5.05 0.19 9.46
109 Chemical Financial Corp. Midland, MI 7,322,143 8.38 8.19 0.96 63.78 3.59 0.26 22.91 8.21 9.35
110 South Plains Financial* Lubbock, TX 2,335,383 8.32 9.33 0.64 79.06 3.63 0.68 12.03 7.58 25.33
111 American Chartered Bancorp Schaumburg, IL 2,616,655 8.32 11.05 0.68 61.70 3.60 0.43 8.10 -0.76 127.14
112 Central Bancompany Jefferson City, MO 9,694,949 8.29 7.82 1.08 61.30 3.45 0.20 3.10 -2.27 0.67
113 Lakeland Bancorp Oak Ridge, NJ 3,538,391 8.25 8.48 0.92 59.48 3.64 0.30 7.51 0.50 24.67
114 Carter Bank & Trust Martinsville, VA 4,629,941 8.15 8.67 0.72 50.68 2.57 1.07 15.21 0.30 28.32
115 Sandy Spring Bancorp Olney, MD 4,397,132 8.13 7.43 0.91 65.69 3.45 0.51 12.57 7.92 -14.01
116 Ameris Bancorp Moultrie, GA 4,043,313 8.13 12.24 1.03 70.93 4.77 0.43 16.25 19.89 93.44
117 Salem Five Bancorp Salem, MA 3,629,523 8.10 7.03 0.74 66.47 2.80 0.88 9.19 -5.19 -0.74
118 First Defiance Financial Corp. Defiance, OH 2,178,952 7.97 8.65 1.12 64.16 3.59 0.35 3.96 3.75 9.25
119 Peapack-Gladstone Financial Bedminster, NJ 2,702,397 7.92 7.97 0.63 67.32 3.00 0.31 42.98 7.90 60.78
120 Peoples Bancorp Marietta,OH 2,567,769 7.87 6.17 0.74 75.67 3.44 0.54 36.12 24.44 -5.06
121 OFG Bancorp San Juan, PR 7,449,109 7.86 9.32 1.10 54.17 6.64 1.11 -3.84 -13.77 -13.47
122 Pinnacle Financial Partners Nashville, TN 6,018,248 7.80 9.19 1.24 54.21 3.79 0.27 10.94 6.69 22.08
123 Broadway Bancshares* San Antonio, TX 3,217,760 7.78 8.29 0.96 65.02 3.41 0.12 15.10 4.57 18.59
124 First National Bank Alaska Anchorage, AK 3,312,586 7.67 7.03 1.02 62.08 3.41 0.06 6.41 0.61 0.88
125 Univest Corp. of Pa. Souderton, PA 2,235,321 7.58 7.75 1.01 68.47 3.87 0.21 5.92 7.54 4.92
126 Mechanics Bank Richmond, CA 3,370,491 7.56 8.07 0.77 68.41 3.71 0.08 0.62 -6.88 17.92
127 Oritani Financial Corp. Washington Twp., NJ 3,250,407 7.55 7.84 1.32 39.35 3.37 1.24 10.52 3.89 -2.33
128 Community Bancshares Brandon, MS 2,498,782 7.50 8.44 0.79 67.80 4.13 0.56 5.69 0.36 8.47
129 First Community Bancshares Bluefield, VA 2,607,934 7.50 7.44 0.98 62.32 4.11 0.68 -0.98 13.47 9.35
130 Happy Bancshares Canyon, TX 2,575,257 7.34 7.53 0.76 70.44 3.92 0.28 18.93 11.16 15.88
131 INTRUST Financial Corp.* Wichita, KS 4,962,069 7.32 11.13 0.67 69.43 2.65 0.25 7.62 5.05 27.43
132 South State Corp. Columbia, SC 7,833,349 7.29 7.79 0.95 69.06 4.80 0.23 1.15 22.37 53.27
133 National Penn Bancshares Allentown, PA 9,750,865 7.28 8.87 1.14 57.07 3.44 0.37 15.53 -25.04 84.89
134 Central Bancshares Lexington, KY 2,107,664 7.28 7.95 0.77 77.37 3.90 0.42 1.78 -0.54 31.27
135 TowneBank Portsmouth, VA 4,982,485 7.18 7.10 0.87 75.68 3.41 0.64 5.48 4.28 0.97
136 Union Bankshares Corp. Richmond, VA 7,363,853 7.13 5.34 0.73 71.00 4.11 0.33 74.92 75.18 52.45
137 BancPlus Corp. Ridgeland, MS 2,441,543 7.08 7.87 0.80 74.95 3.49 0.45 7.48 1.74 11.59
138 Simmons First National Corp. Pine Bluff, AR 4,643,354 6.97 8.48 0.80 75.35 4.49 0.32 14.32 45.90 53.62
139 Community Trust Financial Ruston, LA 3,738,061 6.92 4.77 0.51 73.29 3.58 0.45 21.25 17.62 -22.74
140 Provident Financial Services Iselin, NJ 8,523,377 6.90 6.75 0.92 58.63 3.38 0.58 17.42 14.40 4.39
141 Metro Bancorp Harrisburg, PA 2,997,608 6.88 8.46 0.73 69.72 3.72 0.30 14.10 1.06 22.16
142 First Busey Corp. Champaign, IL 3,665,607 6.70 7.72 0.93 65.15 3.16 0.21 5.36 -3.73 14.09
143 Bangor Bancorp MHC Bangor, ME 3,111,886 6.68 6.75 0.72 72.24 3.34 0.40 6.09 3.88 9.05
144 Renasant Corp. Tupelo, MS 5,805,129 6.67 8.61 1.02 63.77 4.12 0.47 2.70 11.67 77.93
145 Columbia Banking System Tacoma, WA 8,579,543 6.51 7.35 1.09 64.90 4.78 0.06 20.95 -7.40 35.92
146 Lone Star National McAllen, TX 2,171,863 6.30 5.15 0.54 81.81 3.52 0.72 -3.72 15.06 -18.71
147 LegacyTexas Financial Group Plano, TX 4,166,127 6.25 5.60 0.85 63.07 3.98 0.53 25.53 10.42 -1.30
148 Brookline Bancorp Boston, MA 5,799,880 6.23 6.79 0.77 60.69 3.61 0.66 10.24 5.40 20.85
149 Middlesex Bancorp MHC Natick, MA 4,156,678 6.08 5.88 0.72 68.28 2.82 0.33 1.86 1.97 1.74
150 Cambridge Financial Group Cambridge, MA 2,841,958 6.02 5.84 0.59 71.04 3.05 0.41 15.65 5.25 6.62
151 Southern BancShares Mount Olive, NC 2,226,982 6.02 3.00 0.29 85.48 4.16 0.32 -6.19 4.59 -56.99
152 1867 Western Financial Corp. Stockton, CA 2,408,382 6.01 5.84 0.91 63.31 4.09 0.08 15.46 8.72 14.98
153 Dollar Bank Pittsburgh,PA 6,984,312 5.98 4.87 0.54 73.14 2.86 0.50 7.22 -0.39 -16.29
154 CBFH Beaumont, TX 2,632,097 5.97 7.08 0.90 62.02 3.95 0.28 6.78 17.43 50.05
155 Green Bancorp Houston, TX 2,197,293 5.94 6.33 0.79 67.29 4.00 0.58 32.84 28.92 16.91
156 First Commonwealth Indiana, PA 6,360,285 5.78 6.18 0.71 68.77 3.29 0.33 4.21 1.18 7.16
157 Northwest Bancshares Warren, PA 7,817,585 5.68 5.68 0.78 67.87 3.65 0.81 3.29 3.99 -7.16
158 Firstrust Savings Bank* Conshohocken, PA 2,608,527 5.67 5.02 0.65 77.10 4.40 0.30 4.79 10.63 -3.99
159 Liberty Bank Middletown, CT 3,816,965 5.61 5.53 0.90 74.74 3.57 0.45 7.91 3.67 7.48
160 West Suburban Bancorp Lombard, IL 2,109,407 5.60 7.66 0.66 73.24 3.04 0.31 4.09 1.18 82.98
161 Heritage Financial Corp. Olympia, WA 3,457,750 5.57 5.62 0.74 73.84 4.58 0.19 85.27 68.57 119.47
162 Berkshire Hills Bancorp Pittsfield, MA 6,506,362 5.52 4.87 0.55 70.98 3.25 0.52 12.04 5.24 -17.98
163 Eastern Bank Corp. Boston, MA 9,480,037 5.51 4.78 0.62 76.61 2.94 0.08 28.71 3.38 -10.49
164 Mutual of Omaha Bank Omaha, NE 6,625,772 5.47 4.85 0.52 76.71 3.47 0.32 0.23 6.25 -12.22
165 State Bank Financial Corp. Atlanta, GA 2,882,210 5.21 7.24 1.17 65.42 5.94 0.35 19.38 -2.32 142.55
166 TriState Capital Holdings Pittsburgh, PA 2,846,857 5.11 5.25 0.61 65.52 2.62 0.53 29.21 57.61 23.79
167 Sturm Financial Group* Denver, CO 2,392,977 4.76 7.10 0.50 79.24 2.97 0.16 42.34 -5.19 67.92
168 Capitol Federal Financial Topeka, KS 9,069,453 4.50 5.29 0.81 43.18 1.95 1.23 3.93 -4.25 15.47
169 Valley View Bancshares Overland Park, KS 3,178,032 4.35 4.62 0.73 59.92 3.45 0.53 -5.57 -3.79 1.02
170 First Midwest Bancorp Itasca, IL 9,445,139 4.21 6.64 0.80 68.74 3.68 0.25 18.46 10.61 -12.61
171 Meridian Bancorp Peabody, MA 3,278,799 4.13 4.87 0.73 66.75 3.26 0.73 16.84 3.43 45.28
172 Park Sterling Corp. Charlotte, NC 2,368,321 4.09 4.75 0.59 73.17 4.36 0.36 22.85 11.23 -13.80
173 Bank Mutual Corp. Brown Deer, WI 2,328,445 3.87 5.16 0.63 73.69 3.31 0.47 8.23 -2.86 35.84
174 CenterState Banks Davenport, FL 3,776,869 3.82 3.31 0.38 83.98 4.44 0.25 65.73 29.05 5.89
175 Sterling Bancorp Montebello, NY 7,429,996 3.81 6.16 0.83 59.51 3.80 0.49 16.96 29.39 1,287.02
176 Home Federal Bank of Tenn. Knoxville, TN 2,125,844 3.75 3.60 0.59 67.79 2.67 0.45 -0.21 0.41 -0.84
177 Yadkin Financial Corp. Raleigh, NC 4,266,310 3.56 5.24 0.65 77.89 4.60 0.54 114.08 101.89 2.19
178 Union Savings Bank Danbury, CT 2,234,659 3.50 4.83 0.42 78.50 3.20 0.62 1.03 -6.98 188.29
179 Spencer Savings Bank Elmwood Park, NJ 2,435,612 3.45 3.59 0.47 69.81 2.91 0.93 26.57 14.83 0.79
180 Parkway Bancorp Harwood Heights, IL 2,166,748 3.40 4.91 0.46 61.01 2.92 0.75 16.63 -11.28 124.14
181 Bancorp Wilmington, DE 5,017,989 2.70 -4.99 -0.41 85.54 1.74 0.13 0.05 23.52 NM
182 Ridgewood Savings Bank Ridgewood, NY 5,087,405 2.66 2.21 0.28 87.54 2.19 0.94 2.10 -3.91 -33.15
183 First Connecticut Bancorp Farmington, CT 2,484,739 2.35 3.98 0.41 78.88 2.95 0.44 17.65 -1.00 152.02
184 First Bancorp Southern Pines, NC 3,219,549 1.82 6.53 0.78 65.73 4.59 0.29 -2.43 0.78 20.76
185 Kearny MHC Fairfield, NJ 3,547,871 1.67 1.99 0.22 79.86 2.49 0.82 16.73 -4.54 5.37
186 FCB Financial Holdings Weston, FL 5,950,335 1.53 2.90 0.41 79.34 3.64 0.62 74.12 40.29 30.29
187 National Bank Holdings Greenwood Village,CO 4,819,646 0.56 1.07 0.19 86.62 3.83 0.36 16.38 -12.99 32.47
188 Columbia Bank MHC Fair Lawn, NJ 4,676,060 -0.04 6.01 0.52 65.01 2.62 1.03 7.63 -2.42 15.20
189 Standard Bancshares Hickory Hills, IL 2,287,169 -1.96 5.50 0.63 70.54 3.66 0.20 7.83 -1.69 74.91
190 Sun Bancorp Mount Laurel, NJ 2,718,000 -10.98 -11.95 -1.02 112.57 2.92 0.47 -26.67 -15.18 NM
191 Byline Bancorp Chicago, IL 2,376,449 -24.69 -0.62 -0.05 95.44 3.90 0.23 8.04 95.32 NM
  Median for all 191 institutions   3,457,750 8.89 8.90 0.92 64.73 3.63 0.41 11.24 5.04 9.19
  Median for the top 20 institutions   3,149,794 15.99 13.78 1.38 55.57 3.86 0.38 15.92 5.57 10.86
  Average for all 191 institutions   4,210,719 8.82 8.80 0.95 64.82 3.65 0.47 16.91 8.85 23.08
  Average for the top 20 institutions   3,755,605 16.38 13.91 1.51 55.79 4.17 0.41 17.20 6.16 9.35

Notes: Ranking is of top consolidated bank holding companies, banks, and thrifts with total assets of between $2 billion and $10 billion as of 12/31/14 and is based on three-year average return on equity for 2012 to 2014. Additional data is for the year ended 12/31/14; year-over-year changes compare 2014 to 2013.

Excludes industrial banks, nondepository trusts, foreign-owned banks and bankers' banks. Excludes institutions with credit cards to total loans of more than 25%, loans to total assets or loans to total deposits of less than 20%, a leverage ratio of less than 5%, a Tier 1 risk-based capital ratio of less than 6%, or a total risk-based capital ratio of less than 10% as of 12/31/14. Excludes institutions that received a tax benefit of greater than 10% of net income or that did not report data for any year in the ranking period. Also excludes institutions that have fewer than 5 depository branches and are owned by a company not primarily focused on commercial or retail banking.

* Denotes institutions that operated as a subchapter S corporation for at least one quarter between 2012 and 2014. Profitability ratios were adjusted accordingly.
‡ Viewpoint was acquired between Jan. 1 and March 31, 2015.

Source: Capital Performance Group analysis of data provided by SNL Financial
© 2015 American Banker Magazine

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