About BankingStats
BankingStats gives every FDIC-insured bank in the United States its own page: size, growth, branches, markets and how it compares with similar banks. Everything comes from public regulatory filings and is updated every quarter.
BankingStats was built by Michael Seeker, a former actuary who spent his career building statistical models at healthcare and PE-backed tech companies. Every bank's quarterly filings are public, but they're hard to use, so Michael taught himself how they work to understand the industry better. This site is an attempt to give every bank a clear, fair picture of where it stands.
BankingStats is independent. It is not affiliated with the FDIC, the Federal Reserve, the OCC or any bank, and no bank pays to be listed or to change how it appears.
Questions, corrections and suggestions: [email protected].
Where the data comes from
- Financial statements
- Quarterly Call Reports filed by every insured bank, from the FFIEC Central Data Repository and the FDIC's BankFind Suite.
- Bank history and structure
- FDIC institution and structure-change records (charters, mergers, acquisitions, failures, name changes), with holding company ownership from the Federal Reserve's National Information Center.
- Branches and deposits
- FDIC branch records and the FDIC Summary of Deposits, which reports deposits by branch as of June 30 each year.
- Maps
- County boundaries and metro area populations from the U.S. Census Bureau.
Figures on each page are as of the most recent quarter shown at the top of the page. New quarterly data is added after banks file and regulators publish, usually six to eight weeks after quarter end.
How the figures are calculated
- Return on assets
- Net income over the trailing four quarters divided by average total assets.
- Net interest margin
- Year-to-date net interest income, annualized, divided by average earning assets.
- Efficiency ratio
- Noninterest expense divided by net interest income plus noninterest income. Lower means fewer dollars of expense per dollar of revenue.
- Equity to assets
- Total equity capital divided by total assets.
- Loans to deposits
- Total loans divided by total deposits.
- Noncurrent loans
- Loans 90 or more days past due plus nonaccrual loans, as a share of total loans. The government-guaranteed portions of these loans are excluded, because the guarantee covers the credit risk.
- Net charge-offs
- Loans charged off less recoveries, year to date and annualized, as a share of average loans.
- Reserves to loans
- The allowance for credit losses on loans divided by total loans.
- Leverage ratio
- Tier 1 capital divided by average total assets for the leverage ratio.
Ratios are computed from the reported figures and checked against the values the FDIC publishes for each bank. Where the two differ because of a reporting adjustment, the published value is matched. Rankings by total assets cover all FDIC-insured institutions that filed for the quarter.
Peer groups
Each bank is compared with banks headquartered in the same state and in the same size band: under $100 million, $100 million to $1 billion, $1 billion to $10 billion, $10 billion to $100 billion, and over $100 billion in total assets. When a state has fewer than 8 other banks in that band, the comparison uses all US banks in the band instead.
- Percentile
- The share of peers with a lower value. A bank at the 80th percentile for total assets is larger than 80% of its peers. Percentiles describe position, not quality: a high efficiency ratio, for example, means higher expenses relative to revenue.
- Peer range
- The middle 90% of peers, from the 5th to the 95th percentile. In groups of fewer than 20 banks, the single most extreme bank on each side is left out instead. This keeps one unusual bank from stretching the range for everyone else. Medians and percentiles always use every peer.
- Peer median and average
- Measures use the peer median. Loan and deposit mix use the average of each peer's percentages, so the peer mix adds up to 100%.
Growth and acquisitions
Growth rates are compound annual growth in total assets. Acquisitions come from FDIC structure-change records. The size of an acquired bank is its total assets in its last report filed within one year before the deal closed. Mergers between banks owned by the same holding company are labeled as affiliate combinations.
Branches and markets
Branch history follows each office through FDIC records. Opened means a new office; acquired means it came with a merger or branch purchase; closed or sold means it stopped operating under this bank, either because it closed or because another bank took it over. Years with no changes are not shown.
Markets are counties. Deposits, market share and rank come from the most recent June 30 Summary of Deposits, ranked among all banks with branches in the county. The map shows counties with a branch today; a few branches far from the rest of a bank's footprint may be listed below the map rather than drawn on it.
What BankingStats does not do
BankingStats reports what banks file. It does not rate banks, assess their safety, or recommend any bank or investment, and nothing on this site is investment, legal or financial advice. Reported data can be amended after publication; pages update when the source data does.