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A blueprint for growth: banks.


A Blueprint for Growth
Banks

This   Last
Year   Year   Company                    Location

1        1    Carver Federal         New York, NY
              Savings Bank

2        2    OneUnited Bank         Boston, MA

3        3    City National Bank     Newark, NJ
              of New Jersey **

4        5    Seaway National        Chicago, IL
              Bank of Chicago

5        6    Citizens Bancshares    Atlanta, GA
              Corp. ***

6        4    Industrial Bank NA     Washington, DC

7        8    Broadway Federal       Los Angeles, CA
              Bank FSB

8        7    Liberty Bank           New Orleans, LA
              and Trust Co.

9       10    M & F Bank             Durham, NC

10       9    The Harbor Bank        Baltimore, MD
              of Maryland

11      11    Capitol City Bank      Atlanta, GA
              & Trust Co.

12      12    First Independence     Detroit, MI
              Bank

13      14    Legacy Bank            Milwaukee, WI

14      13    Independence Federal   Washington, DC
              Savings Bank

15      16    Tri-State Bank         Memphis, TN
              of Memphis

16      15    Illinois Service       Chicago, IL
              Federal Savings &
              Loan Assoc.

17      19    Highland               Chicago, IL
              Community Bank

18      17    Dryades Savings        New Orleans, LA
              Bank FSB

19      20    Mutual Community       Durham, NC
              Savings Bank Inc.
              SSB

10      24    First Tuskegee Bank    Tuskegee, AL

21      25    North Milwaukee        Milwaukee, WI
              State Bank

12      23    United Bank            Philadelphia, PA
              of Philadelphia

23      --    Citizens Savings       Nashville, TN
              Bank & Trust Co.

24      22    Advance Bank           Baltimore, MD

25      --    South Carolina         Columbia, SC
              Community Bank

This   Last                                  Chief
Year   Year   Company                      Executive

1        1    Carver Federal         Deborah C. Wright
              Savings Bank

2        2    OneUnited Bank         Kevin Cohee

3        3    City National Bank     Louis E. Prezeau
              of New Jersey **

4        5    Seaway National        Walter E. Grady
              Bank of Chicago

5        6    Citizens Bancshares    James E. Young
              Corp. ***

6        4    Industrial Bank NA     B. Doyle Mitchell Jr.

7        8    Broadway Federal       Paul C. Hudson
              Bank FSB

8        7    Liberty Bank           Alden J. McDonald Jr.
              and Trust Co.

9       10    M & F Bank             Kim D. Saunders

10       9    The Harbor Bank        Joseph Haskins Jr.
              of Maryland

11      11    Capitol City Bank      George G. Andrews
              & Trust Co.

12      12    First Independence     Donald Davis
              Bank

13      14    Legacy Bank            Deloris Sims

14      13    Independence Federal   E. Leroy Morris
              Savings Bank

15      16    Tri-State Bank         Jesse H. Turner Jr.
              of Memphis

16      15    Illinois Service       Norman J. Williams
              Federal Savings &
              Loan Assoc.

17      19    Highland               Dennis J. Irvin
              Community Bank

18      17    Dryades Savings        Charles C. Teamer Sr.
              Bank FSB

19      20    Mutual Community       William G. Smith
              Savings Bank Inc.
              SSB

10      24    First Tuskegee Bank    Neill S. Wright

21      25    North Milwaukee        Linda Stewart
              State Bank

12      23    United Bank            Evelyn F. Smalls
              of Philadelphia

23      --    Citizens Savings       Deborah A. Cole
              Bank & Trust Co.

24      22    Advance Bank           John M. Hamilton

25      --    South Carolina         Clente Flemming
              Community Bank

This   Last                            Year
Year   Year   Company                 Started      Staff      Assets *

1        1    Carver Federal           1948         160       764.897
              Savings Bank

2        2    OneUnited Bank           1982         106       650.400

3        3    City National Bank       1973          97       395.506
              of New Jersey **

4        5    Seaway National          1965         240       358.547
              Bank of Chicago

5        6    Citizens Bancshares      1921         133       335.185
              Corp. ***

6        4    Industrial Bank NA       1934         131       322.596

7        8    Broadway Federal         1947          66       300.995
              Bank FSB

8        7    Liberty Bank             1972          89       299.349
              and Trust Co.

9       10    M & F Bank               1907          89       267.868

10       9    The Harbor Bank          1982          82       267.771
              of Maryland

11      11    Capitol City Bank        1994          89       250.000
              & Trust Co.

12      12    First Independence       1970          56       244.854
              Bank

13      14    Legacy Bank              1999          36       160.757

14      13    Independence Federal     1968          49       160.541
              Savings Bank

15      16    Tri-State Bank           1946          69       119.900
              of Memphis

16      15    Illinois Service         1934          46       116.512
              Federal Savings &
              Loan Assoc.

17      19    Highland                 1970          46        94.043
              Community Bank

18      17    Dryades Savings          1994          32        89.488
              Bank FSB

19      20    Mutual Community         1921          35        88.263
              Savings Bank Inc.
              SSB

10      24    First Tuskegee Bank      1894          36        87.000

21      25    North Milwaukee          1971          26        74.993
              State Bank

12      23    United Bank              1992          32        73.900
              of Philadelphia

23      --    Citizens Savings         1904          25        71.996
              Bank & Trust Co.

24      22    Advance Bank             1957          32        66.988

25      --    South Carolina           1999          30        64.000
              Community Bank

This   Last
Year   Year   Company                Capital *   Deposits *   Loans *

1        1    Carver Federal          50.271      629.257     608.195
              Savings Bank

2        2    OneUnited Bank          38.400      386.500     499.300

3        3    City National Bank      27.427      342.436     199.284
              of New Jersey **

4        5    Seaway National         32.499      313.837     174.422
              Bank of Chicago

5        6    Citizens Bancshares     30.150      269.020     268.954
              Corp. ***

6        4    Industrial Bank NA      26.794      266.377     227.920

7        8    Broadway Federal        26.025      221.467     247.657
              Bank FSB

8        7    Liberty Bank            23.538      259.670     133.507
              and Trust Co.

9       10    M & F Bank              21.548      224.062     159.014

10       9    The Harbor Bank         25.213      239.988     197.796
              of Maryland

11      11    Capitol City Bank       19.300      227.000     182.000
              & Trust Co.

12      12    First Independence      14.037      147.721      59.628
              Bank

13      14    Legacy Bank             13.650      134.927     145.676

14      13    Independence Federal    12.398      140.093     112.507
              Savings Bank

15      16    Tri-State Bank          14.800      104.100      79.400
              of Memphis

16      15    Illinois Service        14.150       93.232      82.637
              Federal Savings &
              Loan Assoc.

17      19    Highland                10.460       82.986      70.860
              Community Bank

18      17    Dryades Savings          6.380       69.535      49.924
              Bank FSB

19      20    Mutual Community         6.263       72.282      63.279
              Savings Bank Inc.
              SSB

10      24    First Tuskegee Bank      6.000       74.000      60.000

21      25    North Milwaukee          7.393       61.652      61.426
              State Bank

12      23    United Bank              8.300       65.200      42.500
              of Philadelphia

23      --    Citizens Savings         6.997       61.377      51.706
              Bank & Trust Co.

24      22    Advance Bank             9.025       57.112      46.651

25      --    South Carolina           4.900       59.500      52.100
              Community Bank

* IN MILLIONS OF DOLLARS, TO THE NEAREST THOUSAND. AS OF
DEC. 31, 2006. PREPARED BY B.E. RESEARCH. REVIEWED BY THE
CERTIFIED PUBLIC ACCOUNTING FIRM EDWARDS & CO.

** FORMERLY CITY NATIONAL BANCSHARES CORP.

*** FORMERLY CITIZENS TRUST BANK.
COPYRIGHT 2007 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:35th Annual Report on Black Business: B.E. 100s
Publication:Black Enterprise
Date:Jun 1, 2007
Words:1037
Previous Article:Feeling the Pinch: interest rates are up, real estate is down, and black financial services firms are caught in the middle.(35th Annual Report on...
Next Article:A blueprint for growth: asset managers.(35th Annual Report on Black Business: B.E. 100s)
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