Terrabank, National Association
Coral Gables, Florida, Miami-Dade County
$898M in total assets, the 1,168th largest of 4,309 US banks and 35th of 84 headquartered in Florida.
- FDIC certificate
- 26442
- Established
- 1985
- Owned by
- No holding company
- Primary regulator
- OCC
- Website
- www.terrabank.com
At a glance
Compared with 43 banks headquartered in Florida with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $898M | 95% | $356M | |
| Loans | $605M | 93% | $234M | |
| Deposits | $791M | 95% | $293M | |
| Return on assets | 0.88% | 46% | 0.90% | |
| Net interest margin | 3.60% | 42% | 3.82% | |
| Efficiency ratio | 73.4% | 65% | 68.3% | |
| Equity to assets | 8.71% | 28% | 9.81% | |
| Loans to deposits | 76% | 49% | 77% |
Growth
Total assets grew 8.3% a year over the last 5 years and 10.3% a year over 10 years, without acquisitions.
Where they operate
5 branches in 1 county.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Miami-dade County, FL | $791M | 0.4% | 35 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 gain of 2 branches since 2016 (3 to 5, +66.7%). 2 opened, 0 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 3 | |||
| 2022 | Opened Coral Gables | 1 | 0 | +1 | 4 |
| 2026 through Q2 | Opened Miami | 1 | 0 | +1 | 5 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 41% | 41% | |
| 1-4 family residential | 33% | 31% | |
| Multifamily | 18% | 3% | |
| Construction and land | 5% | 8% | |
| Business (C&I) | 3% | 10% | |
| Consumer | 0% | 3% | |
| Farmland | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Noninterest-bearing | 60% | 30% | |
| Other interest-bearing | 21% | 47% | |
| Time deposits | 19% | 23% |
Brokered deposits are 4.6% of deposits (peers 4.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.11% | 0.06% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 1.35% | 1.22% |
| Leverage ratio | 9.83% | 10.56% |
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/terrabank