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What makes for a high-performing bank? We take an in-depth look at what drove profitability for the institutions at the top of our annual rankings, all of which are based on three-year average returns on equity. See the list of banks and thrifts with under $2 billion in assets or the mid-tiers with $2 billion to $10 billion of assets. Stay tuned as those with $10 billion to $50 billion of assets are still to come.
May 10 -
The most profitable 200 community banks and thrifts as ranked by three-year average ROE.
April 28 -
The top 200 community banks and thrifts as ranked by three-year average ROE.
April 29
Sometimes you have to spend more to make more, and our annual ranking of publicly traded banks and thrifts with less than $2 billion of assets illustrates this point.
Though cost cuts have been a focus across the industry for years, noninterest expenses for this group of community banks continued to rise in 2014, according to Capital Performance Group's analysis. This might be a worrisome trend, if the extra spending had not been offset by extra income.
The overall group of 750 institutions that fit the criteria for our ranking had median noninterest expense growth of 2.91% last year. But they also posted median net loan growth of 7.3%, which contributed to median revenue growth of 3.41%.
Those that earned a spot in the top 200 as ranked by their return on average equity across three years set themselves apart mainly by doing a better job than their peers of making loans rather than keeping costs down. Noninterest expenses for these 200 best performers actually increased a median of 3.46% last year, or 55 basis points more than for the larger peer group.
But they booked more loans than their peers (net loans grew a median of 7.8%), and did so at comparatively higher interest rates, says Kevin Halsey, a senior analyst at CPG. The yield on average earning assets for the top 200 was a median of 4.22% last year, compared with 4.10% for the peer group, the analysis showed. As a result their median revenue growth also was higher, at 3.58%.
With the performance of small banks improving overall, the competition to earn a spot on this ranking continues to ratchet up. To make
| Top 200 Publicly Traded Community Banks and Thrifts as Ranked by 3-Year Average ROE | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rank | Institution | Location | Total Assets ($000) | Market Value ($M) | 3-YR ROAE Avg. (%) | ROAE (%) | ROAA (%) | Net Interest Margin (%) | Net Income ($000) | Total Noninterest Income ($000) | Efficiency Ratio (%) | Total Risk-Based Capital |
| 1 | Carolina Financial Corp. (CARO) | Charleston, SC | 1,199,017 | 105.70 | 20.89 | 9.39 | 0.84 | 3.51 | 8,311 | 20,064 | 75.34 | 13.15 |
| 2 | University Bancorp (UNIB) | Ann Arbor, MI | 127,922 | 38.01 | 18.75 | 11.46 | 1.09 | 4.67 | 1,150 | 26,340 | 94.39 | 17.13 |
| 3 | First General Bank (FGEB) | Rowland Heights, CA | 585,152 | NA | 16.16 | 15.39 | 1.77 | 4.22 | 9,923 | 3,002 | 35.11 | 15.48 |
| 4 | First Farmers Financial Corp. (FFMR) | Converse, IN | 1,340,000 | NA | 16.06 | 15.14 | 1.29 | 3.95 | 16,200 | 9,897 | 54.65 | 12.56 |
| 5 | Access National Corp. (ANCX) | Reston, VA | 1,052,880 | 194.79 | 16.05 | 14.47 | 1.45 | 3.80 | 13,925 | 19,253 | 60.60 | 12.41 |
| 6 | Hingham Institution for Savings (HIFS) | Hingham, MA | 1,552,205 | 209.04 | 15.96 | 19.30 | 1.52 | 3.23 | 22,264 | 1,623 | 41.53 | 13.80 |
| 7 | Union Bankshares (UNB) | Morrisville, VT | 624,063 | 113.05 | 15.56 | 14.88 | 1.30 | 4.13 | 7,694 | 8,460 | 66.95 | 13.60 |
| 8 | Citizens Financial Services (CZFS) | Mansfield, PA | 925,048 | 150.00 | 15.37 | 13.73 | 1.48 | 3.84 | 13,385 | 6,740 | 50.59 | 18.55 |
| 9 | Thomasville Bancshares (THVB) | Thomasville, GA | 650,235 | 159.71 | 15.29 | 16.40 | 1.41 | 3.90 | 8,416 | 8,331 | 49.76 | 12.19 |
| 10 | Commonwealth Business Bank (CWBB) | Los Angeles, CA | 653,450 | 88.69 | 15.23 | 15.96 | 1.84 | 3.84 | 11,174 | 11,769 | 46.60 | 14.45 |
| 11 | Integrity Bancshares* | Camp Hill, PA | 844,000 | NA | 14.87 | 16.70 | 1.31 | 3.65 | 10,487 | 4,351 | 47.73 | 10.49 |
| 12 | Lyons Bancorp (LYBC) | Lyons, NY | 806,844 | 69.96 | 14.69 | 13.93 | 0.94 | 3.31 | 7,204 | 7,269 | 63.81 | 12.53 |
| 13 | West Milton Bancorp (WMBC) | West Milton, PA | 356,833 | 53.42 | 14.32 | 13.27 | 1.39 | 3.31 | 4,820 | 1,747 | 56.00 | 17.36 |
| 14 | Minster Financial Corp. (MTFC) | Minster, OH | 393,853 | 51.81 | 14.24 | 13.24 | 1.12 | 3.38 | 4,378 | 3,134 | 57.80 | 14.85 |
| 15 | Wash. Federal Bank for Savings | Chicago, IL | 135,068 | NA | 14.23 | 13.77 | 1.51 | 4.77 | 1,981 | 175 | 45.40 | 22.92 |
| 16 | Somerset Trust Holding Co. (SOME) | Somerset, PA | 912,271 | 103.15 | 14.11 | 13.50 | 1.18 | 4.37 | 10,188 | 10,839 | 70.11 | 13.56 |
| 17 | 1st Summit Bancorp (FSMK) | Johnstown, PA | 910,585 | 102.06 | 13.99 | 13.45 | 1.08 | 3.35 | 9,570 | 4,344 | 54.35 | 17.02 |
| 18 | Monarch Financial Holdings (MNRK) | Chesapeake, VA | 1,066,737 | 135.84 | 13.78 | 11.17 | 1.15 | 4.25 | 11,439 | 67,079 | 82.67 | 13.79 |
| 19 | West Bancorp. (WTBA) | West Des Moines, IA | 1,615,833 | 316.05 | 13.58 | 15.19 | 1.32 | 3.59 | 20,040 | 9,004 | 49.93 | 12.81 |
| 20 | C&F Financial Corp. (CFFI) | West Point, VA | 1,333,323 | 117.91 | 13.54 | 10.34 | 0.93 | 6.55 | 12,346 | 19,218 | 62.94 | 14.54 |
| 21 | Trinity Bank (TYBT) | Fort Worth, TX | 215,474 | 52.71 | 13.51 | 14.11 | 1.68 | 3.55 | 3,266 | 493 | 41.88 | 19.83 |
| 22 | Muncy Bank Financial (MYBF) | Muncy, PA | 360,241 | 46.89 | 13.47 | 12.41 | 1.31 | 3.96 | 4,761 | 1,468 | 54.96 | 15.73 |
| 23 | Cambridge Bancorp (CATC) | Cambridge, MA | 1,573,692 | 174.57 | 13.30 | 12.87 | 0.98 | 3.41 | 14,944 | 23,391 | 67.38 | 13.18 |
| 24 | First Bancorp | Lebanon, VA | 1,392,630 | NA | 13.26 | 12.78 | 1.33 | 3.86 | 18,034 | 13,699 | 52.18 | 17.03 |
| 25 | Citizens Bank | Carthage, TN | 533,088 | NA | 13.24 | 14.48 | 2.31 | 4.89 | 12,149 | 2,132 | 29.02 | 29.19 |
| 26 | Home Loan Financial Corp. (HLFN) | Coshocton, OH | 178,355 | 27.93 | 13.24 | 12.74 | 1.68 | 4.98 | 2,883 | 1,112 | 51.60 | 17.09 |
| 27 | California Republic Bancorp (CRPB) | Irvine, CA | 1,121,131 | 208.45 | 13.15 | 15.94 | 1.31 | 4.61 | 11,979 | 30,650 | 69.02 | 22.19 |
| 28 | Baker Boyer Bancorp (BBBK) | Walla Walla, WA | 552,817 | 86.84 | 13.11 | 11.68 | 1.00 | 3.16 | 5,603 | 11,646 | 74.09 | 15.47 |
| 29 | Cass Information Systems (CASS) | Saint Louis, MO | 1,500,731 | 653.93 | 13.09 | 12.01 | 1.69 | 3.43 | 24,033 | 79,884 | 69.35 | 21.91 |
| 30 | HomeTown Bank | Galveston, TX | 509,289 | NA | 12.99 | 13.07 | 1.27 | 4.21 | 6,286 | 2,304 | 56.01 | 16.88 |
| 31 | Alerus Financial Corp. (ALRS) | Grand Forks, ND | 1,484,864 | 261.32 | 12.90 | 12.27 | 1.38 | 3.97 | 20,231 | 76,227 | 73.77 | 13.20 |
| 32 | Penns Woods Bancorp (PWOD) | Williamsport, PA | 1,245,011 | 229.14 | 12.84 | 10.79 | 1.19 | 3.81 | 14,608 | 10,583 | 62.76 | 12.65 |
| 33 | Merchants Bancorp | Hillsboro, OH | 641,350 | NA | 12.71 | 11.89 | 1.10 | 4.03 | 6,905 | 2,402 | 55.35 | 13.02 |
| 34 | Chesapeake Financial Shares (CPKF) | Kilmarnock, VA | 663,186 | 61.83 | 12.64 | 10.09 | 1.05 | 3.99 | 6,534 | 16,412 | 77.19 | 15.94 |
| 35 | BancAffiliated (BAFI) | Arlington, TX | 501,412 | 63.40 | 12.59 | 14.28 | 1.64 | 5.43 | 6,864 | 11,712 | 67.58 | 13.44 |
| 36 | First Business Financial (FBIZ) | Madison, WI | 1,629,387 | 190.94 | 12.52 | 11.78 | 1.04 | 3.56 | 14,139 | 10,103 | 58.29 | 12.13 |
| 37 | New Tripoli Bancorp (NTBP) | New Tripoli, PA | 380,152 | 60.19 | 12.50 | 10.46 | 1.26 | 3.47 | 4,595 | 709 | 51.72 | 20.52 |
| 38 | Middlefield Banc Corp. (MBCN) | Middlefield, OH | 677,531 | 65.15 | 12.44 | 12.17 | 1.07 | 3.93 | 7,180 | 3,340 | 59.95 | 14.64 |
| 39 | Benchmark Bankshares (BMBN) | Kenbridge, VA | 489,948 | 61.39 | 12.40 | 11.40 | 1.29 | 4.66 | 6,164 | 4,057 | 64.04 | 17.15 |
| 40 | Bank of Princeton | Princeton, NJ | 955,262 | NA | 12.39 | 12.53 | 0.99 | 3.76 | 9,001 | 1,740 | 62.49 | 11.19 |
| 41 | Malaga Financial Corp. (MLGF) | Palos Verdes Estates, CA | 947,281 | 131.68 | 12.32 | 11.07 | 1.22 | 3.30 | 11,211 | 616 | 35.85 | NA |
| 42 | Andover Bancorp (ANDC) | Andover, OH | 346,837 | 44.96 | 12.30 | 11.53 | 1.20 | 3.25 | 4,100 | 3,137 | 69.59 | 23.24 |
| 43 | American Bank (AMBK) | Allentown, PA | 525,123 | 52.09 | 12.27 | 12.03 | 1.00 | 2.67 | 5,149 | 778 | 54.61 | 13.69 |
| 44 | Bank of Greene County (MHC) | Catskill, NY | 711,589 | NA | 12.25 | 11.79 | 1.02 | 3.59 | 6,934 | 5,148 | 58.43 | 18.42 |
| 45 | Peoples Limited (PPLL) | Wyalusing, PA | 299,284 | 32.27 | 12.08 | 12.42 | 1.02 | 3.65 | 2,942 | 2,250 | 71.04 | 13.47 |
| 46 | Merchants Bancshares (MBVT) | South Burlington, VT | 1,723,464 | 183.16 | 12.06 | 9.84 | 0.73 | 3.03 | 12,125 | 11,467 | 67.98 | 16.95 |
| 47 | Cashmere Valley Bank (CSHX) | Cashmere, WA | 1,324,604 | 148.29 | 11.90 | 12.60 | 1.22 | 3.34 | 15,796 | 9,466 | 54.19 | 17.32 |
| 48 | BEO Bancorp (BEOB) | Heppner, OR | 325,898 | 27.31 | 11.89 | 9.91 | 0.78 | 4.96 | 2,419 | 2,134 | 71.06 | 12.97 |
| 49 | First Citizens Bancshares (FIZN) | Dyersburg, TN | 1,481,438 | 184.16 | 11.84 | 11.03 | 1.11 | 3.64 | 13,669 | 13,463 | 68.01 | 16.30 |
| 50 | First Commerce Bancorp | Lewisburg, TN | 282,359 | NA | 11.81 | 12.27 | 1.22 | 4.31 | 3,358 | 981 | 57.57 | 14.60 |
| 51 | Fidelity Federal Bancorp (FDLB) | Evansville, IN | 240,007 | 7.45 | 11.77 | 23.57 | 2.45 | 3.90 | 5,361 | 9,951 | 46.26 | 25.54 |
| 52 | First Community Financial Corp. (FMFP) | Mifflintown, PA | 453,314 | 56.14 | 11.66 | 10.75 | 0.92 | 3.21 | 4,060 | 2,698 | 70.90 | 18.70 |
| 53 | Southeastern Bank Financial (SBFC) | Augusta, GA | 1,732,781 | 187.49 | 11.66 | 11.49 | 0.96 | 3.20 | 16,632 | 18,205 | 61.56 | 16.23 |
| 54 | Farmers and Merchants Bank (FMFG) | Upperco, MD | 322,787 | 32.49 | 11.65 | 11.43 | 1.15 | 4.47 | 3,574 | 1,204 | 59.59 | 13.21 |
| 55 | American Business Bank (AMBZ) | Los Angeles, CA | 1,534,869 | 164.76 | 11.64 | 10.09 | 0.80 | 2.90 | 11,460 | 2,192 | 62.18 | 16.76 |
| 56 | QNB Corp. (QNBC) | Quakertown, PA | 977,135 | 95.54 | 11.64 | 10.89 | 0.95 | 3.07 | 8,998 | 5,272 | 64.94 | 14.06 |
| 57 | Bank of South Carolina Corp. (BKSC) | Charleston, SC | 367,226 | 66.92 | 11.60 | 12.12 | 1.23 | 3.70 | 4,399 | 2,266 | 59.65 | 14.98 |
| 58 | F.S. Bancorp (FXLG) | Lagrange, IN | 570,665 | 65.11 | 11.59 | 11.87 | 1.18 | 3.83 | 6,245 | 4,746 | 64.04 | 14.83 |
| 59 | River Valley Bancorp (RIVR) | Madison, IN | 509,475 | 55.05 | 11.57 | 10.30 | 0.96 | 3.47 | 4,788 | 3,772 | 68.40 | 14.46 |
| 60 | National Bankshares (NKSH) | Blacksburg, VA | 1,154,731 | 203.93 | 11.54 | 10.72 | 1.51 | 4.01 | 16,914 | 9,044 | 44.39 | 24.88 |
| 61 | Truxton Corp. (TRUX) | Nashville, TN | 345,172 | 61.66 | 11.54 | 12.08 | 1.24 | 3.16 | 4,202 | 6,854 | 64.02 | 15.71 |
| 62 | Bank First National Corp. (BFNC) | Manitowoc, WI | 1,105,009 | 145.53 | 11.38 | 11.84 | 1.17 | 3.64 | 12,620 | 6,080 | 53.05 | 12.64 |
| 63 | Greene County Bancorp (MHC) (GCBC) | Catskill, NY | 712,422 | 122.28 | 11.36 | 10.83 | 0.97 | 3.37 | 6,635 | 5,523 | 61.15 | 18.42 |
| 64 | Clover Community Bankshares | Clover, SC | 120,567 | NA | 11.34 | 10.53 | 1.04 | 4.19 | 1,246 | 1,197 | 67.55 | 16.39 |
| 65 | FFD Financial Corp. (FFDF) | Dover, OH | 268,478 | 26.28 | 11.29 | 11.73 | 1.05 | 3.74 | 2,706 | 1,323 | 60.74 | 12.55 |
| 66 | Two Rivers Financial Group (TRVR) | Burlington, IA | 674,795 | 53.81 | 11.25 | 15.05 | 1.36 | 3.80 | 9,177 | 20,213 | 70.65 | 12.97 |
| 67 | NASB Financial (NASB) | Grandview, MO | 1,300,256 | 191.56 | 11.23 | 9.44 | 1.58 | 3.78 | 18,942 | 39,597 | 72.90 | NA |
| 68 | Embassy Bancorp (EMYB) | Bethlehem, PA | 718,760 | 77.94 | 11.18 | 10.48 | 0.91 | 3.52 | 6,405 | 2,392 | 62.34 | 13.15 |
| 69 | Security National Corp. (SNLC) | Dakota Dunes, SD | 1,249,835 | 168.08 | 11.14 | 11.30 | 1.13 | 2.91 | 14,282 | 19,460 | 58.26 | 16.35 |
| 70 | Steuben Trust Corp. (SBHO) | Hornell, NY | 474,949 | 47.49 | 11.11 | 10.87 | 1.07 | 3.86 | 4,892 | 4,637 | 62.10 | 17.77 |
| 71 | Parke Bancorp (PKBK) | Sewell, NJ | 821,706 | 72.83 | 11.02 | 12.42 | 1.53 | 4.33 | 12,312 | 8,049 | 37.01 | 17.23 |
| 72 | Forsyth Bancshares | Cumming, GA | 231,513 | NA | 10.97 | 9.80 | 0.92 | 3.82 | 2,124 | 549 | 63.61 | 15.11 |
| 73 | Valley Financial Corp. (VYFC) | Roanoke, VA | 901,399 | 97.36 | 10.97 | 11.53 | 0.77 | 3.52 | 6,599 | 4,738 | 64.30 | 14.67 |
| 74 | First Community Bancorp | Shelbyville, TN | 347,393 | NA | 10.93 | 5.52 | 0.78 | 3.87 | 2,573 | 18,731 | 87.03 | 15.70 |
| 75 | Santa Cruz County Bank (SCZC) | Santa Cruz, CA | 459,795 | 49.76 | 10.90 | 12.05 | 1.00 | 4.11 | 4,371 | 3,456 | 61.13 | 13.08 |
| 76 | Community Bancorp. (CMTV) | Derby, VT | 586,711 | 69.55 | 10.89 | 10.81 | 0.89 | 3.86 | 5,125 | 5,114 | 69.03 | 13.66 |
| 77 | Heartland BancCorp (HLAN) | Gahanna, OH | 649,682 | 66.84 | 10.85 | 10.56 | 0.98 | 4.00 | 6,081 | 2,759 | 63.78 | 13.86 |
| 78 | First Sound Bank (FSWA) | Seattle, WA | 102,069 | 22.11 | 10.82 | 0.22 | 0.02 | 3.72 | 22 | 1,106 | 96.04 | 12.55 |
| 79 | Commercial National Financial (CEFC) | Ithaca, MI | 374,489 | 25.86 | 10.81 | 11.07 | 0.64 | 3.29 | 2,428 | 2,117 | 65.14 | 15.15 |
| 80 | Citizens & Northern Corp. (CZNC) | Wellsboro, PA | 1,241,963 | 249.06 | 10.79 | 9.21 | 1.38 | 3.80 | 17,086 | 15,420 | 57.76 | 27.60 |
| 81 | Eagle Financial Services (EFSI) | Berryville, VA | 626,830 | 83.99 | 10.67 | 10.25 | 1.19 | 4.15 | 7,140 | 5,630 | 68.34 | 19.06 |
| 82 | Bank of Kentucky Financial (BKYF) | Crestview Hills, KY | 1,931,656 | 377.51 | 10.66 | 9.52 | 0.99 | 3.37 | 18,316 | 23,252 | 61.20 | 13.83 |
| 83 | Farmers Bancorp (FABP) | Frankfort, IN | 464,656 | 49.53 | 10.63 | 11.91 | 1.15 | 3.86 | 5,192 | 3,994 | 63.93 | 14.19 |
| 84 | Summit Bank (SBKO) | Eugene, OR | 179,266 | 30.36 | 10.60 | 15.50 | 1.44 | 5.49 | 2,401 | 1,106 | 53.94 | 11.96 |
| 85 | Mifflinburg Bancorp (MIFF) | Mifflinburg, PA | 378,093 | 41.77 | 10.56 | 10.74 | 1.08 | 3.35 | 3,904 | 2,035 | 56.48 | 15.61 |
| 86 | First Pulaski National Corp. | Pulaski, TN | 734,225 | NA | 10.55 | 9.84 | 0.93 | 3.57 | 6,711 | 4,846 | 64.17 | 16.71 |
| 87 | Hillsdale County National Bank | Hillsdale, MI | 482,784 | NA | 10.54 | 10.17 | 0.84 | 4.03 | 3,980 | 4,577 | 70.96 | 12.03 |
| 88 | First Robinson Financial Corp. (FRFC) | Robinson, IL | 271,356 | 19.73 | 10.53 | 10.14 | 0.82 | 3.29 | 2,216 | 2,863 | 64.36 | 15.10 |
| 89 | Citizens National Bancshares (CNBL) | Bossier City, LA | 818,005 | 152.58 | 10.53 | 11.02 | 1.19 | 4.32 | 9,049 | 5,580 | 62.49 | 15.87 |
| 90 | Bank of Marin Bancorp (BMRC) | Novato, CA | 1,787,130 | 308.34 | 10.51 | 10.31 | 1.08 | 4.18 | 19,771 | 8,961 | 56.47 | 13.94 |
| 91 | Capital Bank (CBJC) | San Juan Capistrano, CA | 252,474 | 27.97 | 10.51 | 13.78 | 1.44 | 4.97 | 3,022 | 2,101 | 54.58 | 14.69 |
| 92 | Highlands Community Bank | Covington, VA | 129,852 | NA | 10.42 | 11.12 | 1.21 | 4.09 | 1,558 | 508 | 55.93 | 19.86 |
| 93 | Merchants Financial Group (MFGI) | Winona, MN | 1,522,743 | 110.59 | 10.42 | 9.93 | 0.85 | 3.94 | 12,350 | 15,065 | 70.50 | 12.96 |
| 94 | Pioneer Bankshares (PNBI) | Stanley, VA | 176,584 | 21.22 | 10.39 | 9.53 | 1.24 | 5.39 | 2,173 | 1,176 | 70.57 | 15.91 |
| 95 | Bar Harbor Bankshares (BHB) | Bar Harbor, ME | 1,459,320 | 193.71 | 10.38 | 10.69 | 1.03 | 3.33 | 14,613 | 7,355 | 54.14 | 17.24 |
| 96 | Community First Bank of Ind. (CFHW) | Kokomo, IN | 202,277 | 11.46 | 10.37 | 11.08 | 1.18 | 4.44 | 2,255 | 1,849 | 59.54 | 12.90 |
| 97 | Iowa First Bancshares Corp. (IOFB) | Muscatine, IA | 439,771 | 39.46 | 10.36 | 10.46 | 0.97 | 3.52 | 4,256 | 3,448 | 61.08 | 13.38 |
| 98 | FPB Financial Corp. (FPBF) | Hammond, LA | 226,628 | 19.91 | 10.36 | 9.44 | 0.95 | 4.88 | 2,063 | 2,404 | 74.36 | 17.53 |
| 99 | Evans Bancorp (EVBN) | Hamburg, NY | 846,809 | 102.37 | 10.35 | 9.84 | 0.98 | 3.95 | 8,187 | 10,273 | 72.86 | 14.85 |
| 100 | Citizens Commerce Bancshares | Versailles, KY | 213,856 | NA | 10.31 | 1.46 | 0.05 | 3.11 | 116 | 1,194 | 99.73 | 10.27 |
| 101 | Redwood Financial (REDW) | Redwood Falls, MN | 234,193 | 13.48 | 10.26 | 8.93 | 1.12 | 4.87 | 2,512 | 1,940 | 63.40 | 15.99 |
| 102 | Auburn National Bancorp. (AUBN) | Auburn, AL | 789,231 | 90.53 | 10.24 | 10.53 | 0.97 | 3.15 | 7,448 | 4,463 | 57.18 | 18.54 |
| 103 | International City Bank | Long Beach, CA | 139,833 | NA | 10.23 | 5.86 | 0.80 | 5.19 | 1,113 | 2,013 | 86.01 | 20.86 |
| 104 | NorthWest Indiana Bancorp (NWIN) | Munster, IN | 775,044 | 77.99 | 10.19 | 10.14 | 0.97 | 3.82 | 7,394 | 5,498 | 64.36 | 14.84 |
| 105 | Northrim BanCorp (NRIM) | Anchorage, AK | 1,449,349 | 164.43 | 10.18 | 11.48 | 1.34 | 4.36 | 17,867 | 15,790 | 69.20 | 14.31 |
| 106 | MidWestOne Financial Group (MOFG) | Iowa City, IA | 1,800,302 | 241.82 | 10.17 | 9.94 | 1.05 | 3.53 | 18,522 | 14,013 | 57.25 | 14.73 |
| 107 | PSB Holdings (PSBQ) | Wausau, WI | 734,367 | 65.17 | 10.15 | 10.75 | 0.90 | 3.38 | 6,440 | 5,691 | 60.07 | 14.24 |
| 108 | First Sentry Bancshares (FTSB) | Huntington, WV | 495,309 | 43.13 | 10.11 | 11.15 | 0.83 | 3.33 | 4,077 | 1,630 | 55.74 | 14.89 |
| 109 | Nicolet Bankshares (NCBS) | Green Bay, WI | 1,215,285 | 108.21 | 10.10 | 9.27 | 0.84 | 3.94 | 10,051 | 13,002 | 65.84 | 14.03 |
| 110 | Commercial Bancshares (CMOH) | Upper Sandusky, OH | 336,529 | 32.94 | 10.08 | 9.94 | 1.02 | 4.62 | 3,296 | 2,090 | 67.46 | 13.37 |
| 111 | First Keystone Corp. (FKYS) | Berwick, PA | 912,353 | 147.55 | 10.07 | 9.90 | 1.13 | 3.43 | 10,211 | 5,118 | 62.56 | 16.03 |
| 112 | Southern Missouri Bancorp (SMBC) | Poplar Bluff, MO | 1,296,250 | 138.71 | 10.06 | 10.14 | 1.05 | 3.88 | 11,735 | 7,427 | 55.59 | 14.84 |
| 113 | Lighthouse Bank (LGHT) | Santa Cruz, CA | 169,303 | 31.34 | 10.05 | 10.01 | 1.47 | 5.01 | 2,437 | 341 | 49.53 | 18.49 |
| 114 | Dimeco (DIMC) | Honesdale, PA | 611,433 | 66.53 | 10.04 | 8.68 | 0.91 | 3.98 | 5,531 | 4,273 | 61.86 | 14.29 |
| 115 | CNB Corp. (CNBZ) | Cheboygan, MI | 253,921 | 19.33 | 10.04 | 8.79 | 0.75 | 3.20 | 1,912 | 1,841 | 80.82 | 18.96 |
| 116 | Jeffersonville Bancorp (JFBC) | Jeffersonville, NY | 440,119 | 55.56 | 10.01 | 12.44 | 1.54 | 4.05 | 6,895 | 3,100 | 65.73 | 18.98 |
| 117 | John Marshall Bank (JMSB) | Reston, VA | 786,838 | 145.62 | 10.01 | 8.38 | 1.11 | 4.24 | 8,019 | 466 | 55.94 | 14.03 |
| 118 | Northeast Indiana Bancorp (NIDB) | Huntington, IN | 276,212 | 31.50 | 9.99 | 10.72 | 1.15 | 3.66 | 3,128 | 3,161 | 60.50 | 16.98 |
| 119 | Ames National Corp. (ATLO) | Ames, IA | 1,301,031 | 232.21 | 9.97 | 10.09 | 1.21 | 3.31 | 15,251 | 6,902 | 48.07 | 16.59 |
| 120 | Crystal Valley Financial Corp. (CYVF) | Middlebury, IN | 427,598 | 40.70 | 9.95 | 10.39 | 1.09 | 4.27 | 4,573 | 4,127 | 74.56 | 14.54 |
| 121 | Codorus Valley Bancorp (CVLY) | York, PA | 1,213,846 | 119.69 | 9.95 | 10.22 | 0.98 | 3.84 | 11,769 | 7,635 | 61.49 | 14.42 |
| 122 | Bank of Utica (BKUT) | Utica, NY | 981,131 | 136.25 | 9.93 | 7.28 | 1.12 | 1.99 | 10,730 | 383 | 35.18 | 20.66 |
| 123 | Hamlin Bank and Trust Co. (HMLN) | Smethport, PA | 449,334 | 98.62 | 9.86 | 11.06 | 1.65 | 3.57 | 7,123 | 1,403 | 44.67 | 28.40 |
| 124 | Landmark Bancorp (LARK) | Manhattan, KS | 863,470 | 86.54 | 9.85 | 11.89 | 0.96 | 3.47 | 8,049 | 14,972 | 66.70 | 15.16 |
| 125 | Ohio Valley Banc Corp. (OVBC) | Gallipolis, OH | 778,668 | 98.45 | 9.85 | 9.62 | 1.01 | 4.54 | 8,073 | 8,870 | 67.71 | 17.41 |
| 126 | Solvay Bank Corp. (SOBS) | Solvay, NY | 754,392 | 75.00 | 9.85 | 9.45 | 0.90 | 3.13 | 6,541 | 4,653 | 61.09 | 19.21 |
| 127 | First Foundation Inc. (FFWM) | Irvine, CA | 1,355,424 | 154.81 | 9.84 | 9.19 | 0.71 | 3.70 | 8,394 | 23,711 | 75.88 | 12.23 |
| 128 | Bridge Capital Holdings (BBNK) | San Jose, CA | 1,814,122 | 418.09 | 9.84 | 10.06 | 1.07 | 4.83 | 17,601 | 14,112 | 63.92 | 13.91 |
| 129 | BankGuam Holding Co. (BKGMF) | Hagatna, GU | 1,465,739 | 75.00 | 9.83 | 9.78 | 0.66 | 4.52 | 9,560 | 10,342 | 75.83 | 11.86 |
| 130 | Fidelity D & D Bancorp (FDBC) | Dunmore, PA | 676,485 | 88.22 | 9.81 | 9.12 | 0.96 | 3.75 | 6,352 | 6,755 | 65.18 | 15.25 |
| 131 | Premier Valley Bank (PVLY) | Fresno, CA | 650,281 | 83.63 | 9.80 | 10.55 | 1.20 | 3.61 | 7,188 | 3,408 | 56.95 | 13.38 |
| 132 | CSB Bancorp (CSBB) | Millersburg, OH | 620,981 | 61.64 | 9.79 | 10.60 | 0.97 | 3.56 | 5,884 | 4,117 | 61.46 | 13.56 |
| 133 | Legends Financial Holdings | Clarksville, TN | 389,026 | NA | 9.79 | 9.24 | 0.87 | 4.22 | 3,320 | 1,729 | 68.04 | 14.06 |
| 134 | Honat Bancorp (HONT) | Honesdale, PA | 593,486 | 102.16 | 9.79 | 9.01 | 1.26 | 3.75 | 7,370 | 4,374 | 56.70 | 19.31 |
| 135 | United National Bank | Cairo, GA | 177,755 | NA | 9.77 | 10.01 | 1.35 | 5.02 | 2,403 | 794 | 51.22 | 17.02 |
| 136 | County Bank Corp (CBNC) | Lapeer, MI | 321,526 | 27.02 | 9.76 | 11.48 | 1.14 | 3.57 | 3,643 | 3,352 | 67.12 | 20.43 |
| 137 | Provident Financial Holdings (PROV) | Riverside, CA | 1,112,390 | 144.73 | 9.75 | 5.57 | 0.74 | 2.86 | 8,208 | 34,977 | 82.29 | 16.26 |
| 138 | Exchange Bank (EXSR) | Santa Rosa, CA | 1,887,679 | 133.72 | 9.73 | 11.45 | 0.99 | 3.60 | 17,709 | 20,999 | 66.91 | 13.94 |
| 139 | Mauch Chunk Trust Financial (MCHT) | Jim Thorpe, PA | 342,532 | 43.42 | 9.72 | 9.44 | 0.93 | 3.09 | 3,093 | 2,489 | 76.61 | 18.96 |
| 140 | Carolina Bank Holdings (CLBH) | Greensboro, NC | 679,263 | 33.18 | 9.71 | 6.57 | 0.50 | 3.80 | 3,346 | 9,139 | 81.64 | 13.68 |
| 141 | Woodlands Financial Services (WDFN) | Williamsport, PA | 364,202 | 32.95 | 9.70 | 9.07 | 0.81 | 3.29 | 2,852 | 2,851 | 71.77 | 14.00 |
| 142 | Valley Commerce Bancorp (VCBP) | Visalia, CA | 408,540 | 45.12 | 9.63 | 10.06 | 1.08 | 3.96 | 4,251 | 1,388 | 68.33 | 16.04 |
| 143 | Blue Ridge Bankshares (BRBS) | Luray, VA | 239,354 | 20.33 | 9.58 | 10.52 | 0.90 | 3.49 | 2,029 | 966 | 66.29 | 16.47 |
| 144 | Community Bank Shares of Ind. (CBIN) | New Albany, IN | 888,746 | 148.00 | 9.58 | 9.54 | 1.04 | 4.25 | 9,013 | 5,977 | 63.30 | 18.65 |
| 145 | Northumberland Bancorp (NUBC) | Northumberland, PA | 478,485 | 39.11 | 9.55 | 7.94 | 0.76 | 2.92 | 3,633 | 3,173 | 70.54 | 20.38 |
| 146 | First Mid-Illinois Bancshares (FMBH) | Mattoon, IL | 1,607,103 | 148.06 | 9.55 | 9.76 | 0.97 | 3.53 | 15,461 | 17,654 | 62.12 | 15.60 |
| 147 | Jonestown Bank and Trust Co. (JNES) | Jonestown, PA | 446,093 | 39.80 | 9.54 | 8.00 | 0.78 | 3.53 | 3,472 | 2,760 | 61.61 | 12.96 |
| 148 | F & M Bank Corp. (FMBM) | Timberville, VA | 605,308 | 66.54 | 9.53 | 8.71 | 1.01 | 4.30 | 5,847 | 3,530 | 55.80 | 17.35 |
| 149 | Howard Bancorp (HBMD) | Ellicott City, MD | 691,416 | 57.77 | 9.53 | 20.55 | 1.87 | 3.97 | 10,412 | 7,394 | 77.54 | 10.73 |
| 150 | First National Bank of Groton (FIGR) | Groton, NY | 150,707 | 25.80 | 9.51 | 9.33 | 1.22 | 4.23 | 1,906 | 879 | 59.05 | 28.40 |
| 151 | Chino Commercial Bancorp (CCBC) | Chino, CA | 130,133 | 13.09 | 9.50 | 11.14 | 0.91 | 3.79 | 1,140 | 1,605 | 70.83 | 16.72 |
| 152 | Siuslaw Financial Group* | Florence, OR | 362,233 | NA | 9.44 | 9.79 | 1.03 | 3.76 | 3,783 | 5,518 | 77.43 | 19.26 |
| 153 | Plumas Bancorp (PLBC) | Quincy, CA | 538,862 | 43.19 | 9.43 | 14.01 | 0.89 | 4.05 | 4,738 | 7,039 | 65.47 | 14.46 |
| 154 | Sunwest Bank (SWBC) | Irvine, CA | 837,515 | 84.17 | 9.43 | 7.89 | 1.01 | 5.36 | 7,990 | 2,669 | 70.54 | 14.09 |
| 155 | County Commerce Bank (CNYB) | Oxnard, CA | 252,568 | 29.26 | 9.42 | 8.88 | 0.80 | 3.01 | 1,907 | 362 | 58.45 | 16.31 |
| 156 | Bank of the James Financial (BOTJ) | Lynchburg, VA | 460,865 | 37.16 | 9.39 | 10.28 | 0.76 | 3.97 | 3,413 | 3,444 | 75.50 | 13.04 |
| 157 | Benton Financial Corp. (BTOF) | Fowler, IN | 142,029 | 10.66 | 9.37 | 8.80 | 1.16 | 4.00 | 1,593 | 599 | 70.31 | 20.38 |
| 158 | Jeff Davis Bancshares (JDVB) | Jennings, LA | 779,391 | 91.74 | 9.37 | 9.78 | 0.95 | 4.24 | 7,040 | 8,537 | 74.08 | 13.90 |
| 159 | Mid Penn Bancorp (MPB) | Millersburg, PA | 755,657 | 65.98 | 9.37 | 9.95 | 0.78 | 3.95 | 5,701 | 3,080 | 63.42 | 11.36 |
| 160 | First Bankers Trustshares (FBTT) | Quincy, IL | 842,305 | 72.06 | 9.36 | 9.66 | 0.88 | 3.10 | 7,245 | 14,424 | 66.25 | 14.97 |
| 161 | FNB Bancorp (FNBG) | South San Francisco, CA | 917,164 | 119.50 | 9.35 | 10.35 | 1.04 | 4.21 | 9,409 | 3,866 | 71.12 | 14.60 |
| 162 | IFB Holdings (IFBH) | Chillicothe, MO | 68,464 | 3.36 | 9.30 | 8.92 | 1.14 | 3.85 | 769 | 340 | 57.36 | 30.05 |
| 163 | SB Financial Group (SBFG) | Defiance, OH | 684,228 | 52.28 | 9.28 | 8.74 | 0.78 | 3.62 | 5,263 | 12,667 | 73.81 | 14.00 |
| 164 | Marlin Business Services Corp. (MRLN) | Mount Laurel, NJ | 758,449 | 260.64 | 9.25 | 11.47 | 2.64 | 8.61 | 19,350 | 21,997 | 51.80 | 27.39 |
| 165 | Wilson Bank Holding Co. (WBHC) | Lebanon, TN | 1,873,242 | NA | 9.21 | 10.95 | 1.15 | 3.75 | 20,777 | 16,133 | 58.83 | 14.95 |
| 166 | CB Financial Services (CBFV) | Carmichaels, PA | 846,314 | 80.17 | 9.21 | 8.60 | 0.72 | 3.47 | 4,292 | 3,758 | 65.39 | 13.06 |
| 167 | Kish Bancorp (KISB) | Belleville, PA | 659,845 | 48.96 | 9.20 | 9.61 | 0.67 | 3.03 | 4,359 | 5,896 | 79.94 | 13.06 |
| 168 | CCFNB Bancorp (CCFN) | Bloomsburg, PA | 639,144 | 86.59 | 9.18 | 8.77 | 1.09 | 3.36 | 6,834 | 6,188 | 59.83 | 21.07 |
| 169 | Citizens Financial Corp. (CIWV) | Elkins, WV | 220,752 | 14.05 | 9.17 | 9.58 | 0.98 | 4.10 | 2,095 | 2,135 | 71.94 | 18.21 |
| 170 | Capital Bank of New Jersey (CKPB) | Vineland, NJ | 347,386 | 28.56 | 9.15 | 11.00 | 1.04 | 3.90 | 3,557 | 787 | 58.81 | 13.97 |
| 171 | Oak Valley Bancorp (OVLY) | Oakdale, CA | 749,665 | 80.35 | 9.13 | 10.07 | 1.03 | 4.11 | 7,122 | 3,555 | 68.24 | 14.52 |
| 172 | Kentucky Bancshares (KTYB) | Paris, KY | 855,209 | 76.32 | 9.11 | 9.50 | 0.89 | 3.69 | 7,071 | 9,192 | 72.99 | 13.05 |
| 173 | Allegheny Bancshares | Franklin, WV | 267,494 | NA | 9.09 | 9.49 | 1.15 | 4.51 | 3,042 | 2,148 | 58.09 | 17.58 |
| 174 | LCNB Corp. (LCNB) | Lebanon, OH | 1,108,066 | 140.80 | 9.09 | 8.04 | 0.88 | 3.66 | 9,869 | 8,993 | 61.77 | 14.38 |
| 175 | First Capital (FCAP) | Corydon, IN | 472,761 | 66.82 | 9.09 | 10.12 | 1.22 | 4.14 | 5,607 | 4,753 | 62.25 | 15.80 |
| 176 | ACNB Corp. (ACNB) | Gettysburg, PA | 1,089,808 | 123.32 | 9.08 | 9.33 | 0.97 | 3.54 | 10,290 | 11,842 | 67.31 | 15.29 |
| 177 | TFC Holding Co. (TFCH) | Alhambra, CA | 445,423 | 67.77 | 9.06 | 10.41 | 1.64 | 3.32 | 6,968 | 572 | 68.63 | 24.04 |
| 178 | County Bancorp (ICBK) | Manitowoc, WI | 771,756 | 114.91 | 9.06 | 9.03 | 1.07 | 3.29 | 8,210 | 7,148 | 55.81 | 17.16 |
| 179 | United Security Bancshares (UBFO) | Fresno, CA | 663,169 | 81.43 | 9.04 | 7.80 | 0.93 | 4.01 | 6,216 | 4,445 | 66.22 | 17.29 |
| 180 | Surrey Bancorp (SRYB) | Mount Airy, NC | 253,201 | 53.24 | 9.03 | 9.65 | 1.38 | 4.10 | 3,444 | 2,838 | 59.43 | 21.55 |
| 181 | American National Bankshares (AMNB) | Danville, VA | 1,346,492 | 198.79 | 9.00 | 7.40 | 0.97 | 3.66 | 12,741 | 10,671 | 59.51 | 17.86 |
| 182 | Fayette Savings Bank, SSB | La Grange, TX | 97,210 | NA | 8.98 | 8.89 | 0.70 | 3.60 | 656 | 145 | 70.89 | 14.78 |
| 183 | National Bank of Indianapolis | Indianapolis, IN | 1,743,056 | NA | 8.96 | 9.94 | 0.65 | 2.98 | 10,800 | 17,207 | 73.62 | 12.58 |
| 184 | Citizens Holding Co. (CIZN) | Philadelphia, MS | 921,061 | 87.31 | 8.96 | 10.17 | 0.84 | 3.68 | 7,450 | 7,524 | 69.39 | 17.84 |
| 185 | CBC Holding Co. (CBHC) | Fitzgerald, GA | 131,782 | 8.20 | 8.96 | 10.04 | 1.21 | 3.95 | 1,530 | 1,013 | 62.58 | 18.07 |
| 186 | First BancTrust Corp. (FIRT) | Champaign, IL | 433,751 | 34.92 | 8.95 | 8.40 | 0.77 | 3.58 | 3,245 | 3,966 | 67.59 | 14.50 |
| 187 | Citizens B & T Holdings (CBTH) | Guntersville, AL | 357,557 | 20.20 | 8.93 | 9.13 | 0.90 | 4.58 | 3,004 | 2,659 | 62.26 | 13.27 |
| 188 | TPB Bancorp | Brownstown, IN | 188,363 | NA | 8.93 | 9.14 | 0.86 | 3.37 | 1,642 | 769 | 58.88 | 20.65 |
| 189 | Virginia National Bankshares (VABK) | Charlottesville, VA | 537,053 | 57.80 | 8.93 | 3.18 | 0.37 | 3.06 | 1,898 | 5,529 | 85.89 | 17.87 |
| 190 | Bancorp. of Southern Indiana (BCSO) | Seymour, IN | 454,881 | 31.67 | 8.91 | 8.36 | 0.86 | 3.13 | 3,831 | 5,208 | 73.08 | 16.60 |
| 191 | Keweenaw Financial Corp. (KEFI) | Hancock, MI | 579,125 | 71.22 | 8.89 | 8.59 | 0.98 | 3.27 | 5,606 | 3,258 | 59.65 | 23.22 |
| 192 | National Bancshares Corp. (NBOH) | Orrville, OH | 529,599 | 70.48 | 8.87 | 11.25 | 1.16 | 3.71 | 5,904 | 2,807 | 58.34 | 12.65 |
| 193 | Turbotville National Bancorp (TVNB) | Turbotville, PA | 127,811 | 14.57 | 8.84 | 8.59 | 1.29 | 2.99 | 1,620 | 390 | 51.27 | 27.17 |
| 194 | Merchants & Marine Bancorp (MMPM) | Pascagoula, MS | 557,438 | 37.25 | 8.81 | 9.08 | 0.89 | 3.43 | 5,299 | 7,374 | 62.90 | 23.97 |
| 195 | Ledyard Financial Group (LFGP) | Hanover, NH | 433,277 | 49.46 | 8.80 | 10.26 | 0.94 | 3.24 | 3,969 | 9,635 | 78.38 | 15.61 |
| 196 | Exchange Bankshares (EXCH) | Milledgeville, GA | 225,426 | 16.88 | 8.79 | 8.57 | 0.93 | 3.51 | 2,095 | 1,718 | 71.26 | 20.33 |
| 197 | River City Bank (RCBC) | Sacramento, CA | 1,276,101 | 158.60 | 8.79 | 8.47 | 0.96 | 3.05 | 11,849 | 3,942 | 59.20 | 17.61 |
| 198 | Northway Financial (NWYF) | North Conway, NH | 925,713 | 58.20 | 8.77 | 9.03 | 0.84 | 3.42 | 7,853 | 6,766 | 79.10 | 19.22 |
| 199 | Delhi Bank Corp. (DWNX) | Delhi, NY | 282,203 | 40.53 | 8.76 | 7.70 | 0.65 | 2.71 | 1,855 | 1,545 | 74.08 | 25.92 |
| 200 | Norwood Financial Corp. (NWFL) | Honesdale, PA | 711,635 | 102.53 | 8.76 | 7.92 | 1.08 | 3.90 | 7,657 | 3,935 | 53.95 | 18.49 |
| Median for top 200 institutions | 632,987 | 70.0 | 10.29 | 10.34 | 1.04 | 3.76 | 6,423 | 4,363 | 63.12 | 15.27 | ||
| Median for all 750 institutions | 408,690 | 43.1 | 6.51 | 6.65 | 0.72 | 3.59 | 2,676 | 2,450 | 72.80 | 16.00 | ||
Note: Ranking is of bank holding companies, banks, and thrifts that had total assets of less than $2 billion as of Dec. 31 and that are publicly traded or report financials to the SEC. Ranking is based on three-year average ROAE for 2012 to 2014. Additional data shown here is for the 12 months ended Dec. 31, 2014. Financials are sourced from GAAP 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, nondepository trusts 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 2012, 2013 or 2014. Using the preceding criteria, 750 institutions qualified for the ranking, and the top 200 are listed here. All data as of March 30.
* Denotes institutions that were acquired or merged between Jan. 1, 2015, and March 23, 2015.
Source:
© 2015 American Banker Magazine
