HSBC Bank USA, National Association
Tysons, Virginia, Fairfax County
$173B in total assets, the 26th largest of 4,309 US banks and 2nd of 57 headquartered in Virginia.
- FDIC certificate
- 57890
- Established
- 2004
- Owned by
- Hsbc Holdings Plc
- Primary regulator
- OCC
At a glance
Compared with 31 US banks with over $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $173B | 19% | $255B | |
| Loans | $55.3B | 13% | $149B | |
| Deposits | $141B | 19% | $225B | |
| Return on assets | 1.01% | 19% | 1.22% | |
| Net interest margin | 1.64% | 10% | 3.14% | |
| Efficiency ratio | 55.4% | 55% | 54.8% | |
| Equity to assets | 9.59% | 45% | 9.76% | |
| Loans to deposits | 39% | 13% | 74% |
Growth
Total assets grew -2.3% a year over the last 5 years and -1.7% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2008 | HSBC National Bank USA Bethesda, MD, an affiliate under the same holding company | $421M |
| Mar 2005 | Bank of Bermuda (New York) Limited New York City, NY | n/a |
| Jul 2004 | HSBC Bank USA Buffalo, NY, an affiliate under the same holding company | $110B |
| Jul 2004 | (unknown, CERT 34867) , DE | $10M |
| Oct 2000 | Republic Bank California National Association Beverly Hills, CA, an affiliate under the same holding company | $683M |
| Dec 1999 | Republic Bank of New York New York City, NY | $49.2B |
| Feb 1999 | First Commercial Bank of Philadelphia Philadelphia, PA | $93M |
| Mar 1997 | First Federal Savings and Loan Association of Rochester Rochester, NY | $7.2B |
| Oct 1995 | United Northern Federal Savings Bank Watertown, NY | $85M |
| Mar 1990 | Marine Midland (Delaware) National Association Wilmington, DE | $2.3B |
| Sep 1986 | Westchester Savings and Loan Association New Rochelle, NY | $1.0B |
| Jan 1976 | Marine Midland Bank - New York New York City, NY | n/a |
| Jan 1976 | Marine Midland Bank-Central Syracuse, NY | n/a |
| Jan 1976 | Marine Midland Bank - Northern Watertown, NY | n/a |
| Jan 1976 | Marine Midland Bank - Southern Elmira, NY | n/a |
| Jan 1976 | Marine Midland Tinker National Bank Melville, NY | n/a |
| Jan 1976 | Marine Midland Bank -- Chautauqua, National Association Jamestown, NY | n/a |
| Jan 1976 | Marine Midland Bank of Southeastern New York, N.A. Poughkeepsie, NY | n/a |
| Jan 1976 | Marine Midland Bank - Eastern, National Association Troy, NY | n/a |
| Jan 1976 | Marine Midland Bank - Rochester Rochester, NY | n/a |
Where they operate
21 branches in 16 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| New York County, NY | $100B | 5.2% | 4 of 83 |
| Los Angeles County, CA | $13.4B | 2.6% | 9 of 91 |
| San Francisco County, CA | $4.8B | 1.4% | 7 of 46 |
| Miami-dade County, FL | $3.8B | 1.8% | 15 of 58 |
| Erie County, NY | $3.4B | 5.4% | 3 of 20 |
| Morris County, NJ | $2.0B | 7.1% | 7 of 28 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 208 branches since 2016 (229 to 21, −90.8%). 21 opened, 0 acquired, 229 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 229 | |||
| 2018 | Closed Wilmington | 0 | 1 | −1 | 228 |
| 2019 | Opened 13 in 4 statesClosed 17 in 2 states | 13 | 17 | −4 | 224 |
| 2020 | Opened 8 in 4 statesClosed 80 in 8 states | 8 | 80 | −72 | 152 |
| 2021 | Closed 19 in 4 states | 0 | 19 | −19 | 133 |
| 2022 | Sold 80 branches to Citizens Bank, National AssociationSold 10 branches to Cathay Bank, closed 21 in 3 states | 0 | 111 | −111 | 22 |
| 2023 | Closed New York | 0 | 1 | −1 | 21 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Business (C&I) | 39% | 17% | |
| 1-4 family residential | 36% | 18% | |
| Commercial real estate | 3% | 7% | |
| Consumer | 1% | 21% | |
| Multifamily | 0% | 3% | |
| Construction and land | 0% | 2% | |
| Other | 22% | 31% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 66% | 72% | |
| Noninterest-bearing | 22% | 16% | |
| Time deposits | 13% | 13% |
Brokered deposits are 15.5% of deposits (peers 6.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.45% | 0.86% |
| Net charge-offs, annualized | 0.16% | 0.37% |
| Reserves to loans | 0.64% | 1.49% |
| Leverage ratio | 10.22% | 9.39% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Virginia
Largest competitors in New York County, NY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/hsbc-usa