RankingBanking Web Pageturn - Flipbook - Page 37
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Profitability
Rank
Company Name
Ticker
State
Total Assets
($MM)
Core
ROAA
(%)
Capital Adequacy
ROA
Rank
Core
ROAE
(%)
ROE
Rank
Tang Common
Equity/ Tang TCE
Assets (%) Rank
Asset Quality
NPAs ex
TDRs / Loans NPA
& OREO (%) Rank
Total
Shareholder
Return
Total
Return
(%)
TSR
Rank
1.6
45
352
356
Final
Score
84
SmartFinancial*
SMBK
TN
4,637
0.97
96
10.73
93
7.13
84
0.14
34
86
Farmers National Banc Corp.
FMNB
OH
4,082
1.46
14
17.24
18
4.79
119
0.59
99
(20.6) 106
87
Avidbank Holdings*
AVBH
CA
2,133
1.22
49
18.66
12
6.45
95
0.92
111
(17.5)
96
363
88
Home Bancorp
HBCP
LA
3,228
1.16
68
10.99
91
7.71
65
0.45
84
(1.3)
57
365
89
HomeTrust Bancshares
HTBI
NC
3,647
0.98
92
8.79
107
10.62
12
0.21
48
(20.9) 107
366
90
First Citizens Bancshares*
FIZN
TN
2,404
1.15
71
15.09
36
5.49
113
0.32
67
(11.0)
369
91
Investar Holding Corp.*
ISTR
LA
2,754
1.05
87
11.95
77
6.37
99
0.51
94
19.0
18
375
91
Waterstone Financial
WSBF
WI
2,032
0.95
99
4.81
118
18.21
2
0.27
62
(15.7)
94
375
93
Southern First Bancshares
SFST
SC
3,692
0.91
103
10.31
95
7.98
52
0.08
19
(26.8) 113
382
94
First Guaranty Bancshares*
FGBI
LA
3,151
0.99
91
12.93
69
5.89
109
0.50
93
95
NASB Financial*
NASB
MO
2,520
1.16
66
7.23
114
14.63
3
0.67
96
Exchange Bank*
EXSR
CA
3,334
1.06
85
15.71
29
6.06
106
0.23
97
Enterprise Bancorp
EBTC
MA
4,438
0.96
97
14.45
43
6.24
103
0.19
98
1867 Western Financial Corp.*
WFCL
CA
4,623
1.26
43
9.17
104
13.59
4
1.36
121
(37.9) 120
392
99
Meridian Corp.*
MRBK
PA
2,062
1.19
57
13.96
48
7.14
82
1.30
118
(13.3)
88
393
100 First Internet Bancorp*
INBK
IN
4,543
0.89
104
9.98
98
7.87
55
0.08
16
(48.0) 122
395
101 FineMark Holdings*
FNBT
FL
3,554
0.62
116
8.14
112
7.32
73
0.03
13
(13.8)
89
403
102 Southern BancShares (N.C.)*
SBNC
NC
4,727
0.88
105
13.19
67
5.44
114
0.13
32
(12.3)
86
404
SBT
MI
2,445
(0.53) 121 (4.06) 121
12.79
6
2.14
122
5.9
34
404
104 Citizens & Northern Corp.*
CZNC
PA
2,454
1.14
73
10.19
96
8.08
47
1.34
120
(8.4)
74
410
105 First Northwest Bancorp*
FNWB
WA
2,042
0.73
111
8.39
110
7.86
57
0.12
28
(22.7) 110
416
102 Sterling Bancorp*
82
18.2
21
383
104
(17.8)
98
385
55
(24.6) 112
387
43
(19.5) 105
391
106 Blue Foundry Bancorp*
BLFY
NJ
2,043
0.12
120
0.57
120
19.24
1
0.50
92
(12.2)
85
418
107 Evans Bancorp*
EVBN
NY
2,179
1.04
88
13.67
54
6.47
94
1.33
119
(4.2)
64
419
108 BankFirst Capital Corp.*
BFCC
MS
2,458
1.05
86
8.40
109
3.65
122
0.81
109
39.7
4
430
109 First Western Financial*
MYFW
CO
2,867
0.87
106
9.84
99
7.36
72
0.50
91
(7.3)
71
439
110 Ponce Financial Group*
PDLB
NY
2,312
(1.33) 122 (6.42) 122
11.58
8
0.90
110
(10.3)
80
442
111 Ames National Corp.*
ATLO
IA
2,135
0.92
102
11.64
79
6.35
100
1.19
116
1.0
49
446
112 Blue Ridge Bankshares*
BRBS
VA
3,141
0.97
95
10.16
97
7.27
78
0.42
80
(27.9) 116
466
113 Third Coast Bancshares*
TCBX
TX
3,773
0.56
117
5.55
117
7.90
54
0.35
70
(29.1) 117
475
114 Finward Bancorp*
FNWD
IN
2,070
0.95
101
13.54
57
5.34
115
1.26
117
(18.5) 101
491
114 Sierra Bancorp
BSRR
CA
3,609
0.86
108
9.46
101
7.65
67
0.95
113
(18.6) 102
491
116 MVB Financial Corp.*
MVBF
WV
3,069
0.51
119
6.03
115
8.30
42
0.52
96
(45.8) 121
493
117 Eagle Bancorp Montana*
EBMT
MT
1,948
0.77
110
8.72
108
6.10
104
0.24
58
(27.8) 115
495
118 Primis Financial Corp.
FRST
VA
3,572
0.53
118
4.30
119
8.27
43
1.06
115
(18.9) 103
498
119 Tri City Bankshares Corp.*
TRCY
WI
2,038
0.86
107
12.04
75
6.31
101
0.69
106
(27.4) 114
503
120 Colony Bankcorp*
CBAN
GA
2,937
0.72
112
8.34
111
6.10
105
0.36
72
(23.5) 111
511
121 First Savings Financial Group*
FSFG
IN
2,197
0.69
114
8.09
113
6.77
92
0.71
108
(22.5) 109
536
122 Marquette National Corp.*
MNAT
IL
2,083
0.65
115
8.88
106
5.06
118
0.61
100
(22.2) 108
547
Median
1.18
13.48
7.77
0.27
(3.5)
Mean
1.15
12.90
8.05
0.38
(1.5)
*Had not adopted CECL as of Dec. 31, 2022
Source: Piper Sandler & Co., using S&P Global Market Intelligence data
RankingBanking uses five metrics to assess performance. Profitability is captured by return on equity and return on assets. Asset quality is represented by nonperforming assets as a percentage of loans and other real
estate owned. Capital adequacy is based on a bank’s tangible common equity ratio. Total shareholder return includes stock price appreciation and dividends. Banks are scored on each of the five metrics. The scores are
then merged into an overall score, which determines the ranking — the lower the score, the higher the rank. Data is based on calendar year 2022 results.