U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary, Benefits

February 13, 2017, 5:18 p.m. EST 1 Min Read

Year to date through Sept. 30, 2016. Dollars in thousands.

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Rank	Company	City	State	Multiple	Net income (loss)	Salary and benefits	Return on average assets
1	Lauritzen Corp.	Omaha	Neb.	4.71	$36,800	$7,806	12.40%
2	Beal Financial Corp.	Plano	Texas	4.49	92,510	20,589	4.58
3	Briscoe Ranch Inc.	Uvalde	Texas	3.74	8,067	2,157	1.93
4	Xenith Bankshares Inc.	Richmond	Va.	3.47	47,864	13,781	6.71
5	Clayton HC Inc.	Knoxville	Tenn.	3.25	11,695	3,600	4.08
6	Merchants Bancorp	Carmel	Ind.	3.09	11,599	3,749	1.61
7	Sterling Bancorp Inc.	Southfield	Mich.	2.81	10,101	3,592	2.00
8	NexBank Capital Inc.	Dallas	Texas	2.68	17,605	6,565	2.04
9	Lakeside Bancorp Inc.	Chicago	Ill.	2.64	10,821	4,102	3.24
10	Inwood Bancshares Inc.	Dallas	Texas	2.20	11,147	5,057	1.85
11	Cathay General Bancorp	Los Angeles	Calif.	2.01	46,090	22,881	1.39
12	Bank of the Ozarks Inc.	Little Rock	Ark.	2.00	76,031	38,069	1.81
	Olney Bancshares of Texas Inc.	Olney	Texas	2.00	17,382	8,707	2.43
14	Capitol Federal Financial Inc.	Topeka	Kan.	1.95	20,698	10,615	0.73
15	ServisFirst Bancshares Inc.	Birmingham	Ala.	1.91	20,909	10,958	1.40
16	Discover Financial Services	Riverwoods	Ill.	1.84	639,157	347,169	2.86
17	Stearns Financial Services Inc.	St. Cloud	Minn.	1.76	12,284	6,975	2.47
18	United National Corp.	Sioux Falls	S.D.	1.73	77,048	44,567	12.26
19	Amboy Bancorp.	Old Bridge	N.J.	1.72	9,350	5,440	1.57
20	Home BancShares Inc.	Conway	Ark.	1.70	43,620	25,623	1.82
21	John Deere Capital Corp.	Reno	Nev.	1.67	94,588	56,480	1.07
22	Washington Federal Inc.	Seattle	Wash.	1.64	44,224	26,907	1.19
23	Hawaiian Electric Industries Inc.	Honolulu	Hawaii	1.63	127,142	78,069	4.21
24	Synchrony Financial	Stamford	Conn.	1.62	603,684	373,295	2.84
25	RBB Bancorp	Los Angeles	Calif.	1.60	5,577	3,481	1.54
26	1867 Western Financial Corp.	Stockton	Calif.	1.58	14,661	9,276	2.28
27	Traditional Bancorp. Inc.	Mount Sterling	Ky.	1.56	6,103	3,900	1.86
	Industry Bancshares Inc.	Industry	Texas	1.56	11,122	7,121	1.28
29	Manhattan Banking Corp.	Manhattan	Kan.	1.55	9,199	5,922	2.28
30	Luther Burbank Corp.	Santa Rosa	Calif.	1.54	14,694	9,518	1.23
31	ConnectOne Bancorp Inc.	Englewood Cliffs	N.J.	1.52	11,856	7,790	1.09
32	PacWest Bancorp	Beverly Hills	Calif.	1.50	93,895	62,661	1.79
	BofI Holding Inc.	San Diego	Calif.	1.50	28,897	19,307	1.53
34	Villages Bancorp. Inc.	The Villages	Fla.	1.49	5,558	3,735	1.10
35	Oritani Financial Corp.	Township of Washington	N.J.	1.48	10,612	7,153	1.15
36	East West Bancorp Inc.	Pasadena	Calif.	1.46	110,143	75,247	1.34
	Silver Queen Financial Services Inc.	Greenwood Village	Colo.	1.46	3,071	2,108	0.63
	New York Community Bancorp Inc.	Westbury	N.Y.	1.46	125,298	86,079	1.02
39	Educational Services of America Inc.	Farragut	Tenn.	1.45	6,522	4,487	0.76
40	Central Community Corp.	Temple	Texas	1.43	6,726	4,702	1.92
	Lakeland Financial Corp.	Warsaw	Ind.	1.43	13,480	9,434	1.30
	Stockman Financial Corp.	Miles City	Mont.	1.43	16,918	11,863	2.14
43	Prosperity Bancshares Inc.	Houston	Texas	1.42	68,652	48,327	1.27
	Eagle Bancorp Inc.	Bethesda	Md.	1.42	24,249	17,129	1.49
45	FCB Financial Holdings Inc.	Weston	Fla.	1.40	26,064	18,579	1.27
	West Bancorp. Inc.	West Des Moines	Iowa	1.40	5,813	4,154	1.27
47	Western Alliance Bancorp.	Phoenix	Ariz.	1.35	67,052	49,540	1.59
48	Hometown Community Bancorp Inc.	Morton	Ill.	1.32	11,133	8,431	1.33
49	Pinnacle Bancorp Inc.	Omaha	Neb.	1.31	41,276	31,474	1.74
	United Bankshares Inc.	Charleston	W.Va.	1.31	41,479	31,696	1.17
51	Crews Banking Corp.	Wauchula	Fla.	1.28	6,760	5,263	1.98
52	TrustCo Bank Corp NY	Glenville	N.Y.	1.21	10,928	8,995	0.90
	CVB Financial Corp.	Ontario	Calif.	1.21	25,448	21,019	1.24
	First Security Bancorp	Searcy	Ark.	1.21	25,749	21,320	2.01
55	Bridgewater Bancshares Inc.	Bloomington	Minn.	1.20	3,991	3,314	1.37
	Westamerica Bancorp.	San Rafael	Calif.	1.20	15,628	13,063	1.19
57	National Bankshares Inc.	Blacksburg	Va.	1.18	3,828	3,239	1.28
	Hometown Banc Corp	Grand Island	Neb.	1.18	4,447	3,764	1.46
59	First Bancorp Inc.	Damariscotta	Maine	1.17	4,562	3,914	1.13
60	LegacyTexas Financial Group Inc.	Plano	Texas	1.15	27,219	23,597	1.33
	E-Trade Financial Corp.	New York	N.Y.	1.15	139,780	122,041	1.14
62	Hills Bancorp.	Hills	Iowa	1.14	9,176	8,061	1.44
63	First Citizens Financial Corp.	Mason City	Iowa	1.13	4,647	4,105	1.52
	First of Long Island Corp.	Glen Head	N.Y.	1.13	8,011	7,087	0.95
65	Bank First National Corp.	Manitowoc	Wis.	1.12	3,752	3,360	1.13
66	First Financial Bankshares Inc.	Abilene	Texas	1.11	25,603	23,043	1.57
	Plains Bancorp Inc.	Dimmitt	Texas	1.11	4,703	4,233	1.65
	United Bank Corp.	Barnesville	Ga.	1.11	6,354	5,738	2.13
	Great Western Bancorp Inc.	Sioux Falls	S.D.	1.11	33,758	30,544	1.20
70	First Community Financial Partners Inc.	Joliet	Ill.	1.10	4,135	3,751	1.36
	Sterling Bancorp	Montebello	N.Y.	1.10	37,422	33,969	1.14
	Dime Community Bancshares Inc.	Brooklyn	N.Y.	1.10	10,537	9,584	0.75
73	Heartland Bancorp Inc.	Bloomington	Ill.	1.09	13,135	12,037	1.78
	Ambank Co. Inc.	Sioux Center	Iowa	1.09	4,467	4,117	1.62
75	S&T Bancorp Inc.	Indiana	Pa.	1.08	20,581	19,010	1.24
76	Northern Bancorp Inc.	Woburn	Mass.	1.07	4,867	4,530	1.26
	Fifth Third Bancorp	Cincinnati	Ohio	1.07	516,170	484,252	1.46
78	Ida Grove Bancshares Inc.	Ida Grove	Iowa	1.06	4,911	4,636	1.42
	International Bancshares Corp.	Laredo	Texas	1.06	35,787	33,909	1.21
80	Independence Bancshares Inc.	Owensboro	Ky.	1.05	7,110	6,777	1.49
81	WestStar Bank Holding Co. Inc.	El Paso	Texas	1.04	6,380	6,117	1.87
	Bank of Marin Bancorp	Novato	Calif.	1.04	6,964	6,683	1.36
83	Apple Financial Holdings Inc.	New York	N.Y.	1.03	16,560	16,155	0.51
84	Southern National Bancorp of Virginia Inc.	McLean	Va.	1.02	2,765	2,699	1.01
	Starion Bancorp.	Bismarck	N.D.	1.02	4,780	4,676	1.58
	Magnolia Banking Corp.	Magnolia	Ark.	1.02	5,076	4,969	1.58
	City Holding Co.	Cross Lanes	W.Va.	1.02	13,233	13,018	1.38
88	First-West Texas Bancshares Inc.	Midland	Texas	1.01	2,650	2,619	0.94
	Park National Corp.	Newark	Ohio	1.01	27,449	27,157	1.47
90	Choice Financial Holdings Inc.	Fargo	N.D.	1.00	5,811	5,801	2.03
91	Watford City Bancshares Inc.	Watford City	N.D.	0.99	10,001	10,060	1.82
92	Republic Bancorp Co.	Oak Brook	Ill.	0.98	6,414	6,575	1.49
93	Enterprise Financial Services Corp	Clayton	Mo.	0.97	11,832	12,216	1.24
94	German American Bancorp Inc.	Jasper	Ind.	0.96	10,184	10,572	1.39
	USAmeriBancorp Inc.	Clearwater	Fla.	0.96	10,978	11,412	1.11
96	Ames National Corp.	Ames	Iowa	0.95	3,804	3,987	1.16
	Independent Bank Group Inc.	McKinney	Texas	0.95	14,504	15,303	1.05
	Peoples Financial Services Corp.	Scranton	Pa.	0.95	5,118	5,405	1.06
99	Moody Bancshares Inc.	Galveston	Texas	0.94	3,426	3,634	1.32
	First National of Nebraska Inc.	Omaha	Neb.	0.94	102,925	109,358	2.18
	Midland Financial Co.	Oklahoma City	Okla.	0.94	54,305	57,725	1.67
	Emprise Financial Corp.	Wichita	Kan.	0.94	6,799	7,236	1.74
103	Customers Bancorp Inc.	Wyomissing	Pa.	0.93	21,189	22,681	0.90
	U.S. Bancorp	Minneapolis	Minn.	0.93	1,502,000	1,609,000	1.38
	Parkway Bancorp Inc.	Harwood Heights	Ill.	0.93	4,101	4,400	0.66
	First American Bank Corp.	Elk Grove Village	Ill.	0.93	12,679	13,619	1.49
	1st Summit Bancorp of Johnstown Inc.	Johnstown	Pa.	0.93	2,570	2,772	1.06
	Central Bancompany Inc.	Jefferson City	Mo.	0.93	44,622	48,232	1.45
109	BankUnited Inc.	Miami Lakes	Fla.	0.92	50,848	55,012	0.77
	Blackhawk Bancorp. Inc.	Milan	Ill.	0.92	2,785	3,014	0.86
	First Artesia Bancshares Inc.	Artesia	N.M.	0.92	4,107	4,485	1.50
112	Camden National Corp.	Camden	Maine	0.91	10,903	11,919	1.11
	BNC Bancorp	High Point	N.C.	0.91	18,141	19,947	1.11
114	American Express Co.	New York	N.Y.	0.90	1,142,000	1,263,000	2.91
	NEB Corp.	Fond du Lac	Wis.	0.90	5,067	5,637	1.06
	Pinnacle Financial Partners Inc.	Nashville	Tenn.	0.90	32,376	36,053	1.19
	County Bancorp Inc.	Manitowoc	Wis.	0.90	3,102	3,460	1.05
118	Summit Financial Group Inc.	Moorefield	W.Va.	0.89	4,281	4,821	1.08
119	Ironhorse Financial Group Inc.	Muskogee	Okla.	0.88	6,980	7,895	2.01
	Franklin Financial Network Inc.	Franklin	Tenn.	0.88	7,030	7,980	1.06
	M&T Bank Corp.	Buffalo	N.Y.	0.88	349,984	399,786	1.12
122	PrivateBancorp Inc.	Chicago	Ill.	0.87	48,892	55,889	1.05
	Citizens National Banc Corp.	Meridian	Miss.	0.87	4,668	5,337	1.44
	FirstBank Holding Co.	Lakewood	Colo.	0.87	48,790	55,810	1.19
	First Interstate BancSystem Inc.	Billings	Mont.	0.87	25,193	29,012	1.15
	215 Holding Co.	Minneapolis	Minn.	0.87	2,695	3,109	1.56
	Community Trust Bancorp Inc.	Pikeville	Ky.	0.87	12,312	14,216	1.25
128	Capital Bank Financial Corp.	Charlotte	N.C.	0.86	18,488	21,425	0.97
	Veritex Holdings Inc.	Dallas	Texas	0.86	3,374	3,920	1.11
	Bank of Hawaii Corp.	Honolulu	Hawaii	0.86	43,493	50,601	1.09
	First Bancorp Inc.	Lebanon	Va.	0.86	4,863	5,659	1.26
	Paragon Commercial Corp.	Raleigh	N.C.	0.86	3,455	4,022	0.94
	Provident Financial Services Inc.	Iselin	N.J.	0.86	22,905	26,725	0.98
	Bridge Bancorp Inc.	Bridgehampton	N.Y.	0.86	8,851	10,330	0.94
	F.N.B. Corp.	Pittsburgh	Pa.	0.86	52,168	60,927	0.98
	Stock Yards Bancorp Inc.	Louisville	Ky.	0.86	10,467	12,232	1.45
137	Southside Bancshares Inc.	Tyler	Texas	0.85	12,865	15,203	0.99
138	Bankwell Financial Group Inc.	New Canaan	Conn.	0.84	3,140	3,724	0.84
	Hope Bancorp Inc.	Los Angeles	Calif.	0.84	26,105	31,067	0.89
	Ally Financial Inc.	Detroit	Mich.	0.84	209,000	249,000	0.54
	CIT Group Inc.	New York	N.Y.	0.84	132,773	158,503	0.80
	Bank of Highland Park Financial Corp.	Highland Park	Ill.	0.84	3,055	3,650	0.83
	Level One Bancorp Inc.	Farmington Hills	Mich.	0.84	3,833	4,584	1.45
144	Arbor Bancorp Inc.	Ann Arbor	Mich.	0.83	4,252	5,095	1.37
	Territorial Bancorp Inc.	Honolulu	Hawaii	0.83	4,164	5,008	0.90
	First Commonwealth Financial Corp.	Indiana	Pa.	0.83	17,196	20,694	1.03
	Charles Schwab Corp.	San Francisco	Calif.	0.83	503,000	606,000	1.00
	Northwest Financial Corp.	Arnolds Park	Iowa	0.83	6,851	8,255	1.67
149	First Keystone Corp.	Berwick	Pa.	0.82	2,144	2,599	0.88
	First York Ban Corp.	York	Neb.	0.82	5,452	6,611	1.50
	Citizens & Northern Corp.	Wellsboro	Pa.	0.82	4,087	4,961	1.32
	Falcon Bancshares Incorporated	Laredo	Texas	0.82	3,505	4,260	1.37
	Hanmi Financial Corp.	Los Angeles	Calif.	0.82	13,121	15,951	1.20
	OFG Bancorp	San Juan	Puerto Rico	0.82	15,120	18,497	0.91
	SVB Financial Group	Santa Clara	Calif.	0.82	111,081	135,892	1.02
156	Glacier Bancorp Inc.	Kalispell	Mont.	0.81	30,957	38,018	1.35
	People's Utah Bancorp	American Fork	Utah	0.81	6,248	7,675	1.55
	First NBC Bank Holding Co.	New Orleans	La.	0.81	8,260	10,147	0.67
	Fremont Bancorp.	Fremont	Calif.	0.81	18,219	22,433	2.10
	Cullen/Frost Bankers Inc.	San Antonio	Texas	0.81	80,284	98,931	1.11
	Investors Bancorp Inc.	Short Hills	N.J.	0.81	43,442	53,578	0.78
	Amarillo National Bancorp Inc.	Amarillo	Texas	0.81	10,806	13,329	1.15
	First Guaranty Bancshares Inc.	Hammond	La.	0.81	3,379	4,171	0.94
	Heritage Commerce Corp	San Jose	Calif.	0.81	6,765	8,363	1.12
	American National Corp.	Omaha	Neb.	0.81	9,671	11,958	1.25
	JPMorgan Chase & Co.	New York	N.Y.	0.81	6,286,000	7,801,000	1.02
167	Third Federal Savings and Loan Association of Cleveland MHC	Cleveland	Ohio	0.80	18,567	23,076	0.58
	First Fidelity Bancorp Inc.	Oklahoma City	Okla.	0.80	4,484	5,589	1.20
	First Foundation Inc.	Irvine	Calif.	0.80	9,675	12,061	1.29
	Wilson Bank Holding Co.	Lebanon	Tenn.	0.80	6,918	8,636	1.28
	First Bank Corp	Fort Smith	Ark.	0.80	6,009	7,517	1.45
	Bank of America Corp.	Charlotte	N.C.	0.80	6,298,000	7,904,000	1.15
	PNC Financial Services Group Inc.	Pittsburgh	Pa.	0.80	988,454	1,242,262	1.09
174	Grandpoint Capital Inc.	Los Angeles	Calif.	0.79	8,027	10,119	0.98
	First Merchants Corp.	Muncie	Ind.	0.79	21,059	26,651	1.23
	Auburn National Bancorp. Inc.	Auburn	Ala.	0.79	1,951	2,471	0.92
	Sturm Financial Group Inc.	Denver	Colo.	0.79	7,228	9,158	1.12
	CBX Corp.	Carrollton	Ill.	0.79	3,530	4,474	1.04
	Citizens Bancorp Investment Inc.	Lafayette	Tenn.	0.79	2,282	2,893	1.07
	Valley View Bancshares Inc.	Overland Park	Kan.	0.79	7,310	9,270	0.89
	Farmers & Merchants Bancorp Inc.	Archbold	Ohio	0.79	3,015	3,830	1.17
182	Unity Bancorp Inc.	Clinton	N.J.	0.78	3,020	3,872	1.06
	Intrust Financial Corp.	Wichita	Kan.	0.78	14,120	18,184	1.18
	Arrow Financial Corp.	Glens Falls	N.Y.	0.78	6,738	8,693	1.07
185	Lakeland Bancorp Inc.	Oak Ridge	N.J.	0.77	11,327	14,626	0.94
	BOU Bancorp Inc.	Ogden	Utah	0.77	4,438	5,734	1.73
	United Financial Bancorp Inc.	Glastonbury	Conn.	0.77	14,159	18,301	0.88
	Planters Holding Co.	Indianola	Miss.	0.77	2,748	3,573	1.07
	Southern Missouri Bancorp Inc.	Poplar Bluff	Mo.	0.77	3,709	4,845	1.03
190	Northfield Bancorp Inc.	Woodbridge	N.J.	0.76	7,287	9,579	0.77
	United Community Bancorp Inc.	Chatham	Ill.	0.76	5,027	6,618	1.09
	Longview Financial Corp.	Longview	Texas	0.76	6,199	8,163	1.10
	Texas Capital Bancshares Inc.	Dallas	Texas	0.76	42,725	56,397	0.79
	Meridian Bancorp Inc.	Peabody	Mass.	0.76	9,497	12,544	0.94
195	Sandy Spring Bancorp Inc.	Olney	Md.	0.75	13,474	17,847	1.14
	Timberland Bancorp Inc.	Hoquiam	Wash.	0.75	2,698	3,589	1.22
	Bar Harbor Bankshares	Bar Harbor	Maine	0.75	3,632	4,832	0.86
	Westbrand Inc.	Minot	N.D.	0.75	2,741	3,647	1.09
	Royal Bancshares of Pennsylvania Inc.	Bala Cynwyd	Pa.	0.75	2,030	2,706	1.00
	River Valley Bancorp. Inc.	Wausau	Wis.	0.75	4,160	5,549	1.48

Only domestic holding companies that file Y-9C reports are included. Based on Y-9C filings by top tier bank holding companies with the Federal Reserve.
Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Feb. 10, 2017.
© 2017 American Banker
Source: SNL Financial, Charlottesville, Va. (

www.snl.com

)