They say everything's bigger in Texas. That seems to include return on equity for mid-tier banks. The Lone Star State is home to five of the top 20 mid-tiers, including top-ranked Central Bancorp, the owner of United Central Bank in Garland, which offset its weak stats for 2011 with a better results from 2010 and 2009a period that included a failed-bank purchase with a large accounting gain. The 229 mid-tiers, those banks with $2 billion to $10 billion in assets, are ranked here by three-year average return on equity.
*Denotes subchapter S corporation. Where available, profitability ratios shown for S-corps reflect values that have been adjusted as though the companies paid corporate taxes with a top marginal rate of 35%.