Pibank, National Association
Miami, Florida, Miami-Dade County
$2.4B in total assets, the 536th largest of 4,309 US banks and 19th of 84 headquartered in Florida.
- FDIC certificate
- 25258
- Established
- 1984
- Owned by
- No holding company
- Primary regulator
- OCC
- Website
- www.pibank.com
At a glance
Compared with 24 banks headquartered in Florida with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.4B | 54% | $2.2B | |
| Loans | $1.1B | 33% | $1.6B | |
| Deposits | $2.1B | 54% | $1.9B | |
| Return on assets | -0.68% | 4% | 1.24% | |
| Net interest margin | 1.80% | 2% | 3.54% | |
| Efficiency ratio | 116.9% | 96% | 57.2% | |
| Equity to assets | 8.94% | 29% | 9.70% | |
| Loans to deposits | 54% | 4% | 77% |
Growth
Total assets grew 41.3% a year over the last 5 years and 21.3% a year over 10 years, without acquisitions.
Where they operate
2 branches in 1 county.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Miami-dade County, FL | $2.1B | 1.0% | 22 of 58 |
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 3 branches since 2016 (5 to 2, −60.0%). 1 opened, 0 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 5 | |||
| 2017 | Closed Miami | 0 | 1 | −1 | 4 |
| 2022 | Opened Miami | 1 | 0 | +1 | 5 |
| 2025 | Closed Coral Gables | 0 | 1 | −1 | 4 |
| 2026 through Q2 | Closed Doral and Miami | 0 | 2 | −2 | 2 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 43% | 36% | |
| Business (C&I) | 28% | 16% | |
| 1-4 family residential | 20% | 28% | |
| Multifamily | 5% | 5% | |
| Construction and land | 4% | 5% | |
| Consumer | 0% | 4% | |
| Other | 0% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 84% | 53% | |
| Time deposits | 12% | 22% | |
| Noninterest-bearing | 4% | 25% |
Brokered deposits are 8.6% of deposits (peers 5.4%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.13% | 0.32% |
| Net charge-offs, annualized | 0.05% | 0.03% |
| Reserves to loans | 1.40% | 1.16% |
| Leverage ratio | 9.71% | 10.03% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Florida
Largest competitors in Miami-dade County, FL
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/pibank