Profitability is under a lot of pressure for small institutions — expenses are up and yields on loans are down. But some are handling that pressure better than others, as our annual ranking of publicly traded banks and thrifts with less than $2 billion of assets shows.
The overall group of 684 institutions that fit the criteria for our ranking had median noninterest expense growth of 4.25% last year. For those that earned a spot in the top 200, expenses grew at an even faster pace of 5.85%.
But several factors — including loan growth and core deposit growth — helped offset the higher expenses for both the
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Paragon Commercial Bank, Unity Bancorp and Nicolet Bankshares have found success by radically rethinking their strategies.
April 25 -
Here's our annual list of the most profitable 200 publicly traded community banks and thrifts, with an analysis of how they are managing to outperform peers. The ranking is based on three-year average ROE.
April 27
The rate at which institutions in this size range added loans improved slightly in 2015 compared with the previous year. Net loans were up a median of 8.39% for the top 200 and 8.1% for the peers.
Unlike in 2014, core deposit generation outpaced loan growth — which allowed for funding the loan growth cheaply. "This is important, as it helped ameliorate the impact of lower earning assets on the margin," said Kevin Halsey, a consultant at CPG.
The top 200 institutions — ranked here by return on average equity across three years — had median core deposit growth of 10.33% last year, with the peer group posting an also impressive 9.26%. The median cost of funds improved 5 basis points for both the top 200 (to 0.44%) and the peers (0.47%).
At the same time, the yield on average earning assets fell by 7 basis points for both, to a median of 4.19% for the top 200 and 4.05% for the peers.
For American Banker subscribers: If you'd like an Excel sheet with all 684 publicly traded banks and additional data points such as cost of funds, core deposit growth, yield on average earning assets and ratio of noninterest expenses to average assets, send an email before May 27 to
Top 200 Publicly Traded Community Banks and Thrifts as Ranked by 3-Year Average ROE | ||||||||||||
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Rank | Institution | Location | Total Assets ($000) | Market Value ($M) | 3-YR ROAE Avg. (%) | ROE (%) | ROAA (%) | Net Interest Margin (%) | Net Income ($000) | Total Noninterest Income ($000) | Efficiency Ratio (%) | Total Risk-Based Capital |
1 | Ridgestone Financial Services (RGST) | Brookfield, WI | 424,462 | 70.78 | 20.93 | 22.76 | 2.81 | 5.93 | 11,535 | 29,971 | 57.04 | 14.59 |
2 | West Town Bancorp (WTWB) | North Riverside, IL | 214,663 | 25.94 | 19.51 | 18.20 | 2.02 | NA | 4,001 | 22,198 | 77.15 | 14.63 |
3 | Fidelity Federal Bancorp (FDLB) | Evansville, IN | 378,839 | 7.45 | 17.15 | 20.67 | 2.24 | 3.73 | 7,223 | 13,056 | 48.78 | 25.66 |
4 | University Bancorp (UNIB) | Ann Arbor, MI | 180,995 | 39.04 | 17.05 | 25.21 | 2.52 | 4.00 | 3,260 | 29,076 | 85.49 | 16.71 |
5 | Thomasville Bancshares (THVB) | Thomasville, GA | 753,020 | 172.45 | 16.29 | 16.58 | 1.43 | 3.55 | 9,695 | 8,836 | 47.40 | 11.92 |
6 | Hingham Institution for Savings (HIFS) | Hingham, MA | 1,768,528 | 252.49 | 15.88 | 14.81 | 1.18 | 3.17 | 19,346 | 1,454 | 36.18 | 13.79 |
7 | First Farmers Financial Corp. (FFMR) | Converse, IN | 1,479,644 | NA | 15.33 | 14.07 | 1.18 | 3.82 | 16,807 | 12,719 | 58.05 | 12.70 |
8 | Carolina Financial Corp. (CARO) | Charleston, SC | 1,409,669 | 217.29 | 15.19 | 14.15 | 1.11 | 3.56 | 14,420 | 26,186 | 70.42 | 16.51 |
9 | Union Bankshares (UNB) | Morrisville, VT | 628,879 | 128.18 | 15.04 | 14.80 | 1.27 | 4.07 | 7,878 | 9,710 | 65.59 | 13.42 |
10 | First General Bank (FGEB) | Rowland Heights, CA | 720,597 | NA | 15.04 | 13.40 | 1.55 | 3.82 | 10,216 | 2,855 | 35.58 | 13.81 |
11 | Commonwealth Business Bank (CWBB) | Los Angeles, CA | 786,423 | 86.65 | 14.94 | 13.44 | 1.55 | 4.02 | 11,275 | 11,140 | 47.85 | 14.51 |
12 | Access National Corp. (ANCX) | Reston, VA | 1,178,548 | 191.33 | 14.43 | 14.83 | 1.39 | 3.69 | 15,419 | 25,976 | 63.74 | 12.39 |
13 | West Bancorp. (WTBA) | West Des Moines, IA | 1,748,640 | 287.02 | 14.43 | 14.88 | 1.30 | 3.59 | 21,742 | 7,566 | 46.73 | 12.12 |
14 | Susquehanna Community (SQCF) | West Milton, PA | 369,031 | 57.19 | 14.22 | 13.06 | 1.24 | 3.20 | 4,414 | 1,631 | 59.59 | 16.45 |
15 | Citizens Bank | Carthage, TN | 558,569 | NA | 14.21 | 13.92 | 2.33 | 4.89 | 12,593 | 3,022 | 29.10 | 29.75 |
16 | Trinity Bank (TYBT) | Fort Worth, TX | 228,374 | 52.66 | 13.97 | 14.19 | 1.78 | 3.66 | 3,733 | 526 | 41.17 | 19.99 |
17 | Lyons Bancorp (LYBC) | Lyons, NY | 868,161 | 90.72 | 13.71 | 11.95 | 0.93 | 3.47 | 7,792 | 7,851 | 63.74 | 12.16 |
18 | Washington Federal Bank | Chicago, IL | 143,732 | NA | 13.70 | 12.94 | 1.51 | 4.78 | 2,102 | 196 | 47.14 | 24.00 |
19 | BancAffiliated (BAFI) | Arlington, TX | 576,775 | 63.40 | 13.56 | 16.30 | 1.73 | 5.40 | 8,491 | 11,086 | 62.54 | 12.07 |
20 | Summit Bank (SBKO) | Eugene, OR | 236,305 | 38.07 | 13.54 | 14.28 | 1.34 | 5.52 | 2,740 | 1,479 | 54.17 | 11.88 |
21 | Minster Financial Corp. (MTFC) | Minster, OH | 424,973 | 51.08 | 13.42 | 13.18 | 1.12 | 3.31 | 4,621 | 3,194 | 56.85 | 14.86 |
22 | 1st Summit Bancorp (FSMK) | Johnstown, PA | 948,636 | 110.97 | 13.34 | 12.26 | 1.08 | 3.25 | 9,910 | 4,530 | 57.95 | 17.63 |
23 | Citizens Financial Services (CZFS) | Mansfield, PA | 1,162,984 | 158.03 | 13.28 | 11.20 | 1.22 | 3.76 | 11,626 | 6,994 | 52.42 | 16.23 |
24 | Bank of Princeton | Princeton, NJ | 1,013,322 | NA | 13.16 | 12.97 | 1.10 | 3.75 | 11,005 | 2,287 | 57.05 | 11.37 |
25 | Cambridge Bancorp (CATC) | Cambridge, MA | 1,706,201 | 186.01 | 13.14 | 12.91 | 0.95 | 3.34 | 15,694 | 25,175 | 68.26 | 12.69 |
26 | Home Loan Financial Corp. (HLFN) | Coshocton, OH | 196,902 | 29.02 | 13.03 | 13.06 | 1.67 | 4.71 | 3,115 | 1,162 | 50.75 | 16.04 |
27 | Somerset Trust Holding Co. (SOME) | Somerset, PA | 987,009 | 90.65 | 12.93 | 10.75 | 0.91 | 4.44 | 9,040 | 10,632 | 68.70 | 12.09 |
28 | First Bancorp | Lebanon, VA | 1,505,736 | NA | 12.85 | 12.55 | 1.36 | 3.87 | 19,212 | 13,040 | 54.25 | 16.18 |
29 | Plumas Bancorp (PLBC) | Quincy, CA | 599,286 | 42.71 | 12.71 | 14.60 | 1.02 | 4.10 | 5,818 | 7,694 | 63.32 | 13.98 |
30 | First Commerce Bancorp | Lewisburg, TN | 298,336 | NA | 12.59 | 12.23 | 1.23 | 4.31 | 3,620 | 906 | 56.14 | 14.63 |
31 | Cass Information Systems (CASS) | Saint Louis, MO | 1,455,506 | 581.72 | 12.35 | 11.65 | 1.60 | 3.38 | 23,056 | 80,458 | 71.83 | 23.31 |
32 | Muncy Bank Financial (MYBF) | Muncy, PA | 376,134 | 46.61 | 12.32 | 11.53 | 1.23 | 3.75 | 4,545 | 1,488 | 58.63 | 17.00 |
33 | Baker Boyer Bancorp (BBBK) | Walla Walla, WA | 566,231 | 92.86 | 12.22 | 11.61 | 1.02 | 3.27 | 5,668 | 11,864 | 73.22 | 16.11 |
34 | Nicolet Bankshares (NCBS) | Green Bay, WI | 1,214,439 | 161.62 | 12.19 | 10.32 | 0.97 | 3.92 | 11,555 | 15,914 | 62.93 | 14.83 |
35 | Capital Bank (CBJC) | San Juan Capistrano, CA | 286,951 | 29.99 | 12.19 | 12.05 | 1.19 | 4.29 | 3,014 | 1,858 | 57.52 | 13.95 |
36 | Truxton Corp. (TRUX) | Nashville, TN | 405,452 | 65.47 | 12.16 | 12.50 | 1.28 | 3.17 | 5,031 | 7,902 | 63.70 | 15.28 |
37 | Bank of South Carolina Corp. (BKSC) | Charleston, SC | 399,173 | 79.40 | 12.16 | 12.64 | 1.29 | 3.72 | 4,884 | 2,626 | 57.82 | 15.54 |
38 | HomeTown Bank | Galveston, TX | 543,097 | NA | 12.14 | 11.28 | 1.14 | 3.97 | 6,025 | 1,887 | 57.68 | 17.79 |
39 | First Business Financial Services (FBIZ) | Madison, WI | 1,782,892 | 194.36 | 12.09 | 11.36 | 0.97 | 3.66 | 16,514 | 17,011 | 62.54 | 11.11 |
40 | Monarch Financial Holdings (MNRK) | Chesapeake, VA | 1,161,448 | 197.58 | 12.05 | 11.88 | 1.21 | 4.28 | 13,407 | 84,951 | 83.19 | 13.69 |
41 | Merchants Bancorp | Hillsboro, OH | 657,826 | NA | 12.01 | 11.80 | 1.11 | 3.91 | 7,246 | 2,575 | 54.85 | 13.14 |
42 | Middlefield Banc Corp. (MBCN) | Middlefield, OH | 735,139 | 59.14 | 11.99 | 10.62 | 0.97 | 3.94 | 6,865 | 3,721 | 64.65 | 13.20 |
43 | Peoples Limited (PPLL) | Wyalusing, PA | 306,765 | 35.16 | 11.94 | 11.70 | 1.01 | 3.76 | 3,029 | 2,096 | 64.94 | 14.39 |
44 | Santa Cruz County Bank (SCZC) | Santa Cruz, CA | 513,337 | 66.79 | 11.90 | 13.06 | 1.09 | 4.05 | 5,434 | 3,106 | 56.55 | 13.61 |
45 | Farmers Bancorp (FABP) | Frankfort, IN | 501,369 | 44.94 | 11.86 | 12.91 | 1.23 | 3.93 | 5,885 | 5,937 | 65.65 | 11.90 |
46 | Southeastern Bank Financial (SBFC) | Augusta, GA | 1,840,365 | 222.63 | 11.82 | 11.87 | 1.08 | 3.24 | 19,395 | 19,731 | 62.36 | 16.22 |
47 | Seacoast Commerce Banc (SCBH) | San Diego, CA | 514,907 | 95.09 | 11.78 | 16.56 | 1.21 | 4.55 | 5,779 | 12,892 | 69.27 | 20.54 |
48 | Farmers and Merchants Bank (FMFG) | Upperco, MD | 345,310 | 41.44 | 11.71 | 12.26 | 1.29 | 4.33 | 4,268 | 1,441 | 54.51 | 13.69 |
49 | First Intercontinental Bank (FIEB) | Doraville, GA | 286,636 | 37.81 | 11.70 | 14.25 | 2.18 | 3.98 | 6,322 | 9,294 | 52.40 | 20.59 |
50 | Bank First National Corp. (BFNC) | Manitowoc, WI | 1,237,675 | 167.12 | 11.69 | 11.65 | 1.14 | 3.30 | 13,395 | 5,298 | 53.97 | 10.86 |
51 | Alerus Financial Corp. (ALRS) | Grand Forks, ND | 1,744,863 | 263.73 | 11.64 | 9.12 | 1.08 | 3.78 | 16,502 | 93,272 | 76.48 | 17.01 |
52 | International City Bank | Long Beach, CA | 162,894 | NA | 11.61 | 10.02 | 1.34 | 4.79 | 1,897 | 3,647 | 76.58 | 17.40 |
53 | Benchmark Bankshares (BMBN) | Kenbridge, VA | 538,733 | 61.89 | 11.61 | 10.98 | 1.25 | 4.77 | 6,328 | 4,605 | 64.81 | 17.70 |
54 | Cashmere Valley Bank (CSHX) | Cashmere, WA | 1,381,663 | 149.66 | 11.56 | 11.25 | 1.26 | 3.30 | 16,764 | 9,356 | 52.65 | 17.28 |
55 | F.S. Bancorp (FXLG) | Lagrange, IN | 603,849 | 68.93 | 11.47 | 10.71 | 1.07 | 3.75 | 6,134 | 4,835 | 64.11 | 14.39 |
56 | FFD Financial Corp. (FFDF) | Dover, OH | 278,109 | 29.96 | 11.44 | 12.24 | 1.11 | 3.54 | 3,029 | 1,598 | 58.33 | 12.05 |
57 | Triumph Bancorp (TBK) | Dallas, TX | 1,691,313 | 276.94 | 11.44 | 11.31 | 1.89 | 6.49 | 29,133 | 17,729 | 69.71 | 19.11 |
58 | Commercial National Financial (CEFC) | Ithaca, MI | 385,169 | 31.72 | 11.43 | 11.52 | 0.71 | 3.06 | 2,685 | 1,616 | 69.27 | 14.65 |
59 | Greene County Bancorp MHC (GCBC) | Catskill, NY | 796,806 | 150.55 | 11.41 | 12.01 | 1.09 | 3.55 | 8,073 | 5,723 | 58.52 | 17.35 |
60 | Parke Bancorp (PKBK) | Sewell, NJ | 885,124 | 82.43 | 11.37 | 11.05 | 1.40 | 4.14 | 11,943 | 7,099 | 37.37 | 17.24 |
61 | BNCCORP (BNCC) | Bismarck, ND | 904,246 | 49.03 | 11.32 | 10.74 | 1.01 | 3.10 | 9,206 | 23,295 | 74.85 | 20.07 |
62 | SouthEast Bank | Farragut, TN | 893,792 | NA | 11.30 | 14.24 | 1.28 | 4.11 | 10,178 | 11,920 | 52.51 | 18.04 |
63 | Malaga Financial Corp. (MLGF) | Palos Verdes Estates, CA | 984,382 | 136.81 | 11.29 | 10.54 | 1.16 | 3.14 | 11,406 | 606 | 34.36 | 25.32 |
64 | Fayette Savings Bank | La Grange, TX | 101,285 | NA | 11.24 | 16.66 | 1.37 | 3.60 | 1,389 | 1,122 | 55.34 | 15.95 |
65 | Security National Corp. (SNLC) | Dakota Dunes, SD | 1,359,566 | 177.78 | 11.22 | 11.73 | 1.15 | 3.02 | 15,686 | 20,894 | 56.12 | 15.42 |
66 | C&F Financial Corp. (CFFI) | West Point, VA | 1,405,076 | 136.22 | 11.21 | 9.87 | 0.92 | 6.35 | 12,530 | 20,443 | 64.48 | 14.97 |
67 | Chesapeake Financial Shares (CPKF) | Kilmarnock, VA | 679,058 | 72.64 | 11.18 | 10.23 | 1.12 | 4.03 | 7,404 | 19,458 | 79.61 | 15.19 |
68 | BEO Bancorp (BEOB) | Heppner, OR | 357,258 | 29.06 | 11.18 | 11.09 | 0.88 | 5.52 | 3,017 | 2,242 | 67.85 | 13.00 |
69 | First Citizens Bancshares (FIZN) | Dyersburg, TN | 1,532,937 | 191.79 | 11.16 | 10.49 | 1.04 | 3.80 | 15,753 | 16,125 | 62.53 | 15.48 |
70 | Penns Woods Bancorp (PWOD) | Williamsport, PA | 1,320,057 | 183.94 | 11.08 | 10.11 | 1.08 | 3.61 | 13,898 | 10,186 | 62.94 | 12.38 |
71 | Steuben Trust Corp. (SBHO) | Hornell, NY | 489,698 | 52.70 | 11.08 | 10.60 | 1.05 | 3.45 | 5,146 | 4,519 | 64.72 | 17.02 |
72 | Community First Bank of Ind. (CFHW) | Kokomo, IN | 203,664 | 11.53 | 11.06 | 10.79 | 1.12 | 4.28 | 2,340 | 2,107 | 60.82 | 13.22 |
73 | River Valley Bancorp* | Madison, IN | 518,946 | NA | 11.04 | 10.13 | 1.08 | 3.50 | 5,531 | 4,692 | 66.68 | 15.58 |
74 | American Business Bank (AMBZ) | Los Angeles, CA | 1,671,257 | 177.68 | 11.04 | 9.55 | 0.76 | 2.90 | 12,120 | 2,007 | 67.57 | 18.09 |
75 | County Bank Corp (CBNC) | Lapeer, MI | 324,196 | 31.08 | 11.01 | 9.87 | 1.11 | 3.49 | 3,578 | 3,381 | 68.54 | 20.92 |
76 | Landmark Bancorp (LARK) | Manhattan, KS | 878,376 | 91.16 | 11.01 | 13.81 | 1.21 | 3.51 | 10,506 | 16,893 | 64.55 | 15.96 |
77 | Heartland BancCorp (HLAN) | Gahanna, OH | 729,593 | 72.83 | 11.00 | 12.90 | 1.19 | 4.05 | 8,128 | 3,047 | 61.61 | 12.99 |
78 | Chino Commercial Bancorp (CCBC) | Chino, CA | 161,384 | 14.37 | 10.99 | 11.54 | 0.89 | 3.77 | 1,328 | 1,484 | 66.87 | 17.28 |
79 | Two Rivers Financial Group (TRVR) | Burlington, IA | 718,540 | 53.63 | 10.98 | 7.70 | 0.72 | 3.69 | 5,115 | 16,495 | 78.57 | 10.99 |
80 | Forsyth Bancshares | Cumming, GA | 262,747 | NA | 10.92 | 9.65 | 0.91 | 3.64 | 2,272 | 600 | 66.67 | 14.98 |
81 | New Tripoli Bancorp (NTBP) | New Tripoli, PA | 397,148 | 61.74 | 10.88 | 10.16 | 1.23 | 3.44 | 4,655 | 715 | 55.55 | 20.59 |
82 | Clover Community Bankshares | Clover, SC | 127,784 | NA | 10.82 | 10.00 | 1.02 | 4.10 | 1,271 | 1,165 | 68.22 | 15.38 |
83 | Embassy Bancorp (EMYB) | Bethlehem, PA | 804,160 | 78.95 | 10.80 | 11.73 | 1.00 | 3.52 | 7,665 | 2,657 | 58.51 | 12.56 |
84 | California Republic Bancorp (CRPB) | Irvine, CA | 1,653,885 | 197.22 | 10.78 | 8.26 | 0.79 | 4.31 | 12,068 | 33,091 | 74.13 | 14.79 |
85 | NASB Financial (NASB) | Grandview, MO | 1,598,898 | 219.43 | 10.77 | 11.73 | 1.60 | 3.76 | 23,064 | 49,313 | 67.23 | 18.06 |
86 | Andover Bancorp (ANDC) | Andover, OH | 400,520 | 59.65 | 10.75 | 9.22 | 0.97 | 3.25 | 3,527 | 2,840 | 74.63 | 19.63 |
87 | American Bank (AMBK) | Allentown, PA | 549,639 | 63.83 | 10.70 | 8.82 | 0.75 | 2.71 | 4,035 | 837 | 57.49 | 13.17 |
88 | National Bankshares (NKSH) | Blacksburg, VA | 1,199,739 | 232.95 | 10.61 | 9.22 | 1.37 | 3.86 | 15,833 | 9,453 | 46.34 | 25.53 |
89 | Community Bancorp. (CMTV) | Derby, VT | 596,135 | 71.20 | 10.61 | 9.57 | 0.82 | 3.95 | 4,826 | 5,133 | 69.71 | 13.46 |
90 | FPB Financial Corp. (FPBF) | Hammond, LA | 240,716 | 26.00 | 10.59 | 11.60 | 1.20 | 4.97 | 2,813 | 3,246 | 67.51 | 17.83 |
91 | Crystal Valley Financial Corp. (CYVF) | Middlebury, IN | 455,094 | 51.94 | 10.57 | 10.01 | 1.10 | 4.30 | 4,893 | 4,856 | 72.10 | 14.28 |
92 | Highlands Community Bank | Covington, VA | 132,435 | NA | 10.54 | 9.92 | 1.19 | 4.10 | 1,562 | 466 | 58.02 | 21.55 |
93 | Northeast Indiana Bancorp (NIDB) | Huntington, IN | 284,171 | 34.87 | 10.51 | 11.91 | 1.37 | 3.65 | 3,829 | 3,077 | 61.67 | 17.20 |
94 | Citizens National of Bossier (CNBL) | Bossier City, LA | 845,035 | 139.91 | 10.49 | 9.69 | 1.10 | 4.35 | 9,091 | 5,786 | 62.35 | 15.93 |
95 | Hamlin Bank and Trust Co. (HMLN) | Smethport, PA | 432,521 | 102.45 | 10.49 | 11.67 | 1.86 | 3.54 | 8,007 | 1,481 | 51.16 | 24.56 |
96 | Southern Missouri Bancorp (SMBC) | Poplar Bluff, MO | 1,337,672 | 174.28 | 10.45 | 11.34 | 1.13 | 3.87 | 14,776 | 8,977 | 55.25 | 12.30 |
97 | Mifflinburg Bancorp (MIFF) | Mifflinburg, PA | 387,685 | 41.76 | 10.44 | 10.58 | 1.08 | 3.43 | 4,080 | 2,132 | 54.24 | 15.28 |
98 | FFW Corp. (FFWC) | Wabash, IN | 330,117 | 28.32 | 10.43 | 9.59 | 1.01 | 3.68 | 3,382 | 2,989 | 64.25 | 14.45 |
99 | Hillsdale County National Bank | Hillsdale, MI | 502,607 | NA | 10.42 | 10.33 | 0.86 | 4.08 | 4,317 | 5,054 | 68.78 | 11.64 |
100 | Bar Harbor Bankshares (BHB) | Bar Harbor, ME | 1,580,055 | 194.41 | 10.41 | 10.01 | 0.98 | 3.19 | 15,153 | 7,645 | 56.38 | 17.12 |
101 | PSB Holdings (PSBQ) | Wausau, WI | 784,410 | 68.34 | 10.38 | 12.04 | 1.03 | 3.45 | 7,749 | 6,148 | 60.39 | 14.27 |
102 | QNB Corp. (QNBC) | Quakertown, PA | 1,020,936 | 99.47 | 10.37 | 9.29 | 0.83 | 3.05 | 8,233 | 5,249 | 65.10 | 12.58 |
103 | Northrim BanCorp (NRIM) | Anchorage, AK | 1,499,492 | 160.93 | 10.36 | 10.80 | 1.24 | 4.32 | 18,334 | 44,337 | 70.73 | 14.60 |
104 | First Community Financial (FMFP) | Mifflintown, PA | 467,866 | 45.19 | 10.32 | 9.64 | 0.86 | 3.09 | 3,953 | 2,589 | 69.88 | 17.70 |
105 | Unity Bancorp (UNTY) | Clinton, NJ | 1,084,866 | 91.99 | 10.32 | 12.92 | 0.96 | 3.63 | 9,557 | 7,701 | 63.28 | 12.43 |
106 | Capital Bank of New Jersey (CKPB) | Vineland, NJ | 378,025 | 34.80 | 10.28 | 10.90 | 1.06 | 3.73 | 3,880 | 876 | 59.86 | 13.59 |
107 | Auburn National Bancorp. (AUBN) | Auburn, AL | 817,189 | 98.37 | 10.28 | 9.98 | 0.98 | 3.17 | 7,858 | 4,240 | 57.81 | 17.44 |
108 | BankGuam Holding Co. (BKGMF) | Hagatna, GU | 1,544,284 | 87.79 | 10.24 | 10.50 | 0.74 | 4.66 | 11,290 | 10,916 | 74.34 | 12.47 |
109 | First Sentry Bancshares (FTSB) | Huntington, WV | 508,474 | 46.01 | 10.24 | 9.97 | 0.97 | 3.62 | 4,874 | 1,329 | 51.35 | 15.26 |
110 | Community National Corp. | Lexington, TN | 126,799 | NA | 10.22 | 12.38 | 1.16 | 4.65 | 1,437 | 727 | 60.03 | 13.41 |
111 | CSB Bancorp (CSBB) | Millersburg, OH | 650,314 | 65.78 | 10.20 | 10.07 | 0.95 | 3.48 | 6,022 | 4,368 | 62.37 | 13.29 |
112 | GrandSouth Bancorp. (GRRB) | Greenville, SC | 426,295 | 57.21 | 10.19 | 13.39 | 1.47 | 6.77 | 6,011 | 687 | 59.26 | 13.68 |
113 | Eagle Financial Services (EFSI) | Berryville, VA | 651,654 | 81.79 | 10.15 | 9.17 | 1.10 | 4.00 | 6,897 | 5,890 | 74.05 | 16.20 |
114 | Fidelity D & D Bancorp (FDBC) | Dunmore, PA | 729,358 | 78.02 | 10.12 | 9.55 | 1.00 | 3.70 | 7,103 | 7,453 | 65.01 | 15.00 |
115 | Marlin Business Services Corp. (MRLN) | Mount Laurel, NJ | 772,984 | 173.64 | 10.09 | 9.49 | 2.11 | 8.25 | 15,966 | 23,100 | 58.10 | 22.02 |
116 | Valley Commerce Bancorp (VCBP) | Visalia, CA | 421,322 | 45.84 | 10.08 | 9.81 | 1.08 | 4.26 | 4,457 | 1,994 | 64.60 | 15.40 |
117 | NorthWest Indiana Bancorp (NWIN) | Munster, IN | 864,893 | 84.27 | 10.07 | 9.90 | 0.96 | 3.58 | 7,852 | 6,279 | 68.80 | 13.50 |
118 | Bank of the James (BOTJ) | Lynchburg, VA | 527,143 | 52.11 | 10.06 | 9.78 | 0.74 | 3.78 | 3,692 | 4,144 | 73.74 | 11.76 |
119 | Commercial Bancshares (CMOH) | Upper Sandusky, OH | 340,976 | 35.02 | 10.05 | 10.23 | 1.06 | 4.42 | 3,536 | 1,993 | 66.13 | 13.03 |
120 | Merchants Financial Group (MFGI) | Winona, MN | 1,589,417 | 122.91 | 10.02 | 9.98 | 0.87 | 4.14 | 13,455 | 14,043 | 65.10 | 12.60 |
121 | CNB Corp. (CNBZ) | Cheboygan, MI | 271,661 | 21.30 | 9.94 | 7.33 | 0.65 | 3.03 | 1,733 | 2,321 | 82.47 | 19.52 |
122 | Jeffersonville Bancorp (JFBC) | Jeffersonville, NY | 459,666 | 56.32 | 9.94 | 8.19 | 1.01 | 3.90 | 4,708 | 3,195 | 69.17 | 18.64 |
123 | Sunwest Bank | Irvine, CA | 938,414 | NA | 9.93 | 8.99 | 1.14 | 5.45 | 9,868 | 1,975 | 66.66 | 13.88 |
124 | United National Bank | Cairo, GA | 191,210 | NA | 9.90 | 8.97 | 1.24 | 4.85 | 2,277 | 420 | 60.08 | 18.25 |
125 | Ohio Valley Banc Corp. (OVBC) | Gallipolis, OH | 796,285 | 92.39 | 9.90 | 9.66 | 1.03 | 4.39 | 8,574 | 8,335 | 68.88 | 18.20 |
126 | First Pulaski National Corp. | Pulaski, TN | 738,904 | NA | 9.89 | 9.69 | 0.96 | 3.59 | 7,087 | 5,198 | 62.41 | 16.60 |
127 | Blue Ridge Bankshares (BRBS) | Luray, VA | 268,910 | 23.83 | 9.88 | 9.35 | 0.99 | 3.80 | 2,498 | 1,145 | 60.43 | 16.45 |
128 | People's Utah Bancorp (PUB) | American Fork, UT | 1,555,982 | 283.53 | 9.88 | 10.49 | 1.34 | 4.49 | 19,614 | 16,004 | 59.44 | 18.96 |
129 | Pulaski Financial Corp. (PULB) | Saint Louis, MO | 1,645,736 | 193.96 | 9.87 | 11.71 | 0.99 | 3.37 | 14,149 | 16,512 | 65.90 | 11.52 |
130 | Lighthouse Bank (LGHT) | Santa Cruz, CA | 182,021 | 32.84 | 9.87 | 8.91 | 1.34 | 4.67 | 2,350 | 295 | 52.51 | 17.62 |
131 | First Freedom Bancshares | Lebanon, TN | 324,558 | NA | 9.86 | 11.15 | 1.20 | 4.36 | 3,743 | 1,824 | 56.39 | 12.87 |
132 | Choice Bancorp (CBKW) | Oshkosh, WI | 277,767 | 21.80 | 9.84 | 11.00 | 1.02 | 3.41 | 2,602 | 662 | 53.02 | 13.63 |
133 | Ames National Corp. (ATLO) | Ames, IA | 1,326,747 | 228.21 | 9.76 | 9.44 | 1.13 | 3.33 | 15,015 | 7,384 | 49.07 | 16.58 |
134 | Codorus Valley Bancorp (CVLY) | York, PA | 1,456,334 | 164.05 | 9.75 | 8.94 | 0.82 | 3.79 | 11,135 | 8,555 | 64.97 | 15.60 |
135 | Pioneer Bankshares (PNBI) | Stanley, VA | 182,500 | 22.94 | 9.69 | 8.50 | 1.16 | 5.25 | 2,058 | 1,205 | 69.38 | 14.84 |
136 | Foresight Financial Group (FGFH) | Rockford, IL | 1,076,597 | 87.18 | 9.62 | 11.12 | 1.07 | 3.62 | 10,544 | 5,891 | 59.44 | 13.74 |
137 | Guaranty Federal Bancshares (GFED) | Springfield, MO | 652,835 | 65.24 | 9.61 | 8.81 | 0.88 | 3.40 | 5,717 | 4,286 | 64.77 | 14.43 |
138 | F & M Bank Corp. (FMBM) | Timberville, VA | 665,150 | 76.22 | 9.59 | 10.73 | 1.35 | 4.43 | 8,581 | 3,896 | 59.22 | 15.38 |
139 | Evans Bancorp (EVBN) | Hamburg, NY | 939,107 | 106.53 | 9.58 | 8.82 | 0.87 | 3.74 | 7,843 | 12,986 | 73.39 | 13.07 |
140 | Solvay Bank Corp. (SOBS) | Solvay, NY | 815,430 | 70.25 | 9.57 | 9.44 | 0.86 | 2.98 | 6,720 | 5,070 | 61.82 | 17.65 |
141 | First Bankers Trustshares (FBTT) | Quincy, IL | 906,672 | 75.45 | 9.57 | 10.82 | 1.03 | 3.05 | 8,983 | 16,119 | 66.26 | 15.30 |
142 | First Capital (FCAP) | Corydon, IN | 715,827 | 73.52 | 9.52 | 8.86 | 1.04 | 3.90 | 5,211 | 5,014 | 64.29 | 16.20 |
143 | Summit Financial Group (SMMF) | Moorefield, WV | 1,492,429 | 167.90 | 9.52 | 11.62 | 1.10 | 3.50 | 16,102 | 10,417 | 52.37 | 14.42 |
144 | John Marshall Bank (JMSB) | Reston, VA | 928,620 | 170.28 | 9.50 | 8.44 | 1.04 | 4.01 | 8,867 | 579 | 55.56 | 13.55 |
145 | Mid Penn Bancorp (MPB) | Millersburg, PA | 931,724 | 62.64 | 9.49 | 9.16 | 0.74 | 4.00 | 6,528 | 3,762 | 67.92 | 11.00 |
146 | U & I Financial Corp. (UNIF) | Lynnwood, WA | 278,442 | 73.20 | 9.49 | 9.45 | 1.31 | 3.86 | 3,232 | 3,382 | 60.50 | 19.32 |
147 | First Keystone Corp. (FKYS) | Berwick, PA | 983,489 | 146.13 | 9.48 | 8.43 | 0.96 | 3.27 | 9,172 | 5,614 | 60.33 | 15.65 |
148 | High Country Bancorp (HCBC) | Salida, CO | 221,300 | 31.03 | 9.46 | 11.55 | 1.16 | 4.81 | 2,547 | 1,768 | 63.93 | 15.81 |
149 | Kish Bancorp (KISB) | Belleville, PA | 696,895 | 54.13 | 9.45 | 8.92 | 0.66 | 3.29 | 4,494 | 6,213 | 81.35 | 12.62 |
150 | Summit Bancshares (SMAL) | Oakland, CA | 229,911 | 24.70 | 9.43 | 9.17 | 1.04 | 4.18 | 2,294 | 1,291 | 60.51 | 16.92 |
151 | Redwood Financial (REDW) | Redwood Falls, MN | 250,384 | 15.06 | 9.42 | 9.01 | 1.12 | 4.66 | 2,673 | 2,581 | 63.14 | 15.02 |
152 | Southern First Bancshares (SFST) | Greenville, SC | 1,217,293 | 162.70 | 9.40 | 11.42 | 0.90 | 3.63 | 10,167 | 8,119 | 57.68 | 11.95 |
153 | Paragon Commercial Corp. (PBNC) | Raleigh, NC | 1,305,911 | 123.47 | 9.40 | 12.15 | 0.87 | 3.33 | 11,234 | 1,671 | 59.73 | 11.21 |
154 | Citizens Holding Co. (CIZN) | Philadelphia, MS | 973,505 | 109.10 | 9.39 | 9.01 | 0.80 | 3.34 | 7,589 | 8,310 | 68.39 | 17.54 |
155 | Citizens & Northern Corp. (CZNC) | Wellsboro, PA | 1,223,417 | 245.21 | 9.39 | 8.72 | 1.32 | 3.69 | 16,471 | 15,192 | 61.35 | 24.40 |
156 | Allegheny Bancshares | Franklin, WV | 269,244 | NA | 9.38 | 9.72 | 1.23 | 4.62 | 3,300 | 2,192 | 55.85 | 17.73 |
157 | Legends Financial Holdings | Clarksville, TN | 406,713 | NA | 9.38 | 8.70 | 0.84 | 4.06 | 3,316 | 2,182 | 68.82 | 13.59 |
158 | ACNB Corp. (ACNB) | Gettysburg, PA | 1,147,925 | 136.80 | 9.37 | 9.77 | 0.99 | 3.55 | 11,017 | 12,145 | 67.21 | 16.26 |
159 | Ledyard Financial Group (LFGP) | Hanover, NH | 445,010 | 47.53 | 9.33 | 9.42 | 0.94 | 3.10 | 4,061 | 10,078 | 77.41 | 15.82 |
160 | SB Financial Group (SBFG) | Defiance, OH | 733,071 | 50.80 | 9.32 | 9.69 | 1.06 | 3.78 | 7,619 | 15,707 | 68.30 | 11.34 |
161 | Citizens B & T Holdings (CBTH) | Guntersville, AL | 380,552 | 21.48 | 9.31 | 9.87 | 0.95 | 4.27 | 3,484 | 2,483 | 68.40 | 13.55 |
162 | CB Financial Services (CBFV) | Carmichaels, PA | 830,677 | 82.35 | 9.30 | 9.89 | 1.01 | 3.82 | 8,420 | 7,595 | 60.32 | 14.17 |
163 | Exchange Bankshares (EXCH) | Milledgeville, GA | 228,572 | 19.52 | 9.26 | 10.86 | 1.27 | 3.79 | 2,883 | 1,890 | 65.68 | 20.90 |
164 | CBC Holding Co. (CBHC) | Fitzgerald, GA | 135,606 | 8.20 | 9.22 | 7.99 | 1.00 | 4.02 | 1,297 | 1,059 | 62.19 | 18.20 |
165 | National Bank of Indianapolis | Indianapolis, IN | 1,864,494 | NA | 9.22 | 9.28 | 0.61 | 2.86 | 10,959 | 17,793 | 72.60 | 12.27 |
166 | Farmers Bankshares (FBVA) | Windsor, VA | 414,933 | 34.05 | 9.21 | 9.07 | 0.91 | 3.67 | 3,774 | 2,497 | 72.68 | 18.50 |
167 | Little Bank (LTLB) | Kinston, NC | 362,231 | 40.24 | 9.21 | 9.20 | 0.89 | 3.40 | 3,122 | 1,519 | 65.20 | 14.76 |
168 | First Community Bancorp | Shelbyville, TN | 409,388 | NA | 9.20 | 12.33 | 1.56 | 3.76 | 6,111 | 29,594 | 75.85 | 16.66 |
169 | Woodlands Financial Services (WDFN) | Williamsport, PA | 375,232 | 34.20 | 9.20 | 9.70 | 0.89 | 3.37 | 3,278 | 2,981 | 70.36 | 13.14 |
170 | First Bancorp (FNLC) | Damariscotta, ME | 1,564,810 | 200.62 | 9.19 | 9.74 | 1.07 | 3.10 | 16,206 | 10,831 | 53.81 | 15.78 |
171 | IFB Holdings (IFBH) | Chillicothe, MO | 68,742 | 6.38 | 9.19 | 9.55 | 1.22 | 3.91 | 832 | 309 | 53.80 | 30.77 |
172 | National Capital Bank of Wash. (NACB) | Washington, DC | 411,915 | 38.83 | 9.15 | 18.78 | 1.54 | 2.71 | 6,587 | 1,766 | 74.64 | 21.39 |
173 | Honat Bancorp (HONT) | Honesdale, PA | 604,618 | 108.56 | 9.09 | 8.59 | 1.26 | 3.90 | 7,499 | 4,308 | 56.30 | 19.35 |
174 | Southwest Georgia Financial (SGB) | Moultrie, GA | 414,855 | 38.22 | 9.05 | 9.38 | 0.85 | 4.04 | 3,374 | 4,234 | 76.39 | 15.24 |
175 | Jonestown Bank and Trust Co. (JNES) | Jonestown, PA | 482,906 | 38.00 | 9.02 | 9.26 | 0.92 | 3.49 | 4,180 | 2,828 | 66.02 | 12.73 |
176 | Bay Commercial Bank (BCML) | Walnut Creek, CA | 623,704 | 64.27 | 8.99 | 10.53 | 1.24 | 3.90 | 7,452 | 1,741 | 67.66 | 14.13 |
177 | Logansport Financial Corp. (LOGN) | Logansport, IN | 172,653 | 21.83 | 8.98 | 8.82 | 1.10 | 3.80 | 1,878 | 573 | 58.56 | 18.95 |
178 | Mauch Chunk Trust Financial (MCHT) | Jim Thorpe, PA | 376,975 | 38.36 | 8.95 | 7.29 | 0.70 | 3.34 | 2,605 | 2,285 | 72.71 | 17.95 |
179 | First Farmers and Merchants (FFMH) | Columbia, TN | 1,260,310 | 133.89 | 8.91 | 8.71 | 0.85 | 3.39 | 10,322 | 10,876 | 69.66 | 14.32 |
180 | First Robinson Financial Corp. (FRFC) | Robinson, IL | 293,210 | 18.86 | 8.90 | 9.27 | 0.78 | 3.30 | 2,172 | 2,851 | 67.11 | 14.25 |
181 | County Bancorp (ICBK) | Manitowoc, WI | 884,889 | 110.87 | 8.90 | 9.45 | 1.35 | 3.36 | 10,974 | 7,685 | 49.11 | 17.51 |
182 | InsCorp (IBTN) | Nashville, TN | 318,502 | NA | 8.90 | 9.35 | 0.89 | 3.52 | 2,586 | 1,466 | 58.00 | 11.77 |
183 | Minden Bancorp (MDNB) | Minden, LA | 321,536 | 51.96 | 8.87 | 9.21 | 1.41 | 3.33 | 4,261 | 903 | 41.60 | 26.76 |
184 | First National Bank of Groton (FIGR) | Groton, NY | 162,003 | 25.80 | 8.87 | 7.49 | 1.02 | 4.40 | 1,592 | 824 | 59.88 | 26.57 |
185 | Your Community Bankshares (YCB) | New Albany, IN | 1,556,015 | 175.91 | 8.87 | 7.04 | 0.65 | 3.98 | 10,404 | 10,606 | 67.35 | 15.37 |
186 | FNB Bancorp (FNBG) | South San Francisco, CA | 1,124,349 | 132.26 | 8.83 | 8.15 | 0.81 | 4.06 | 8,197 | 4,157 | 69.12 | 13.39 |
187 | Wells Financial Corp. (WEFP) | Wells, MN | 274,779 | 24.22 | 8.82 | 17.02 | 1.87 | 3.69 | 4,894 | 3,948 | 67.49 | 15.56 |
188 | Sound Financial Bancorp (SFBC) | Seattle, WA | 540,760 | 56.29 | 8.82 | 9.02 | 0.95 | 4.16 | 4,746 | 5,293 | 70.08 | 14.34 |
189 | Pinnacle Bancshares (PCLB) | Jasper, AL | 219,509 | 23.35 | 8.81 | 9.08 | 0.98 | 3.45 | 2,221 | 1,458 | 63.94 | 19.91 |
190 | Jeff Davis Bancshares (JDVB) | Jennings, LA | 800,292 | 86.58 | 8.81 | 7.42 | 0.71 | 4.19 | 5,526 | 8,840 | 78.57 | 12.34 |
191 | FS Bancorp (FSBW) | Mountlake Terrace, WA | 677,561 | 80.96 | 8.77 | 12.69 | 1.51 | 5.03 | 8,876 | 17,517 | 63.13 | 14.90 |
192 | CCFNB Bancorp (CCFN) | Bloomsburg, PA | 647,255 | 84.63 | 8.76 | 8.45 | 1.08 | 3.34 | 6,908 | 6,247 | 61.59 | 22.41 |
193 | County Commerce Bank* | Oxnard, CA | 256,210 | NA | 8.75 | 8.08 | 0.75 | 3.35 | 1,901 | 421 | 60.94 | 15.00 |
194 | Surrey Bancorp (SRYB) | Mount Airy, NC | 257,777 | 42.60 | 8.75 | 8.01 | 1.17 | 4.09 | 3,061 | 2,727 | 59.24 | 20.88 |
195 | Dart Financial Corp. (DRTF) | Mason, MI | 323,033 | NA | 8.72 | 10.09 | 1.07 | 4.38 | 3,227 | 8,783 | 81.40 | 15.01 |
196 | Howard Bancorp (HBMD) | Ellicott City, MD | 947,231 | 83.62 | 8.72 | 1.50 | 0.15 | 4.08 | 1,142 | 11,927 | 80.35 | 12.09 |
197 | Hawthorn Bancshares (HWBK) | Jefferson City, MO | 1,200,921 | 81.41 | 8.69 | 10.14 | 0.72 | 3.67 | 8,599 | 9,837 | 72.69 | 14.78 |
198 | Premier Financial Bancorp (PFBI) | Huntington, WV | 1,244,693 | 146.49 | 8.68 | 8.41 | 0.98 | 4.15 | 12,446 | 7,099 | 58.90 | 14.70 |
199 | Farmers Capital Bank Corp. (FFKT) | Frankfort, KY | 1,775,950 | 194.04 | 8.63 | 8.61 | 0.84 | 3.29 | 14,992 | 22,040 | 73.13 | 19.89 |
200 | United Tennessee Bankshares (UNTN) | Newport, TN | 197,463 | 15.10 | 8.61 | 8.34 | 0.86 | 3.03 | 1,665 | 747 | 62.56 | 25.70 |
Median for top 200 institutions | 614,161 | 10.40 | 10.41 | 1.08 | 3.76 | 6,428 | 4,649 | 63.14 | 15.25 | |||
Median for all 684 institutions | 429,665 | 6.84 | 7.37 | 0.77 | 3.62 | 3,193 | 2,702 | 70.55 | 15.31 | |||
Average for top 200 institutions | 733,929 | 10.87 | 10.96 | 1.13 | 3.89 | 7,680 | 8,561 | 62.70 | 15.97 | |||
Average for all 684 institutions | 586,131 | 6.49 | 7.04 | 0.75 | 3.65 | 4,611 | 5,263 | 72.36 | 16.87 |
Note: Ranking is of bank holding companies, banks, and thrifts that had total assets of less than $2 billion as of Dec. 31, 2015. and that are publicly traded or report financials to the SEC. Ranking is based on three-year average ROAE for 2013 to 2015. Additional data shown here is for the 12 months ended Dec. 31, 2015. Financials are sourced from SEC filings. If unavailable, regulatory financials were used. Excludes institutions that didn't report GAAP or regulatory data for any year during the ranking period. Excludes institutions with 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%. Excludes industrial banks and institutions that operated as a subchapter S corporation at any time during the ranking period. Also excludes institutions that received a tax benefit of greater than 10% of net income in 2013, 2014 or 2015. Using the preceding criteria, 684 institutions qualified for the ranking. All data as of March 23.
* Denotes institutions that were acquired or merged between Jan. 1, 2016, and March 23, 2016.
Source:
© 2016 American Banker Magazine