Emigrant Bank
Miami, Florida, Miami-Dade County
$5.7B in total assets, the 265th largest of 4,309 US banks and 11th of 84 headquartered in Florida.
- FDIC certificate
- 57083
- Established
- 2001
- Owned by
- New York Private B&t Corp
- Primary regulator
- FDIC
- Website
- www.emigrant.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 | $5.7B | 88% | $2.2B | |
| Loans | $4.0B | 92% | $1.4B | |
| Deposits | $4.2B | 88% | $1.9B | |
| Return on assets | 1.51% | 75% | 1.22% | |
| Net interest margin | 4.59% | 96% | 3.53% | |
| Efficiency ratio | 79.9% | 88% | 57.2% | |
| Equity to assets | 21.37% | 98% | 9.63% | |
| Loans to deposits | 95% | 88% | 76% |
Growth
Total assets grew 134.4% a year over the last 5 years and 51.1% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2013 | Emigrant Savings Bank - Long Island Westbury, NY, an affiliate under the same holding company | $576M |
| Jan 2013 | Emigrant Savings Bank - Manhattan New York, NY, an affiliate under the same holding company | $1.3B |
| Jan 2013 | Emigrant Savings Bank - Brooklyn/Queens Brooklyn, NY, an affiliate under the same holding company | $812M |
| Jan 2013 | Emigrant Savings Bank - Bronx/Westchester Bronx, NY, an affiliate under the same holding company | $1.1B |
| Feb 1992 | Dollar Dry Dock Bank White Plains, NY | $4.0B |
| Mar 1979 | Prudential Savings Bank New York City, NY | n/a |
Where they operate
7 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Westchester County, NY | $3.4B | 1.2% | 6 of 31 |
| New York County, NY | $830M | 0.0% | 40 of 83 |
| Miami-dade County, FL | $318K | 0.0% | 57 of 58 |
| Palm Beach County, FL | $1K | 0.0% | 51 of 56 |
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 6 branches since 2016 (1 to 7, +600.0%). 1 opened, 5 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 1 | |||
| 2023 | Bought 5 branches from Emigrant Bank | 5 | 0 | +5 | 6 |
| 2026 through Q2 | Opened West Palm Beach | 1 | 0 | +1 | 7 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Business (C&I) | 48% | 15% | |
| Multifamily | 13% | 4% | |
| Commercial real estate | 12% | 37% | |
| 1-4 family residential | 9% | 29% | |
| Construction and land | 6% | 5% | |
| Consumer | 0% | 4% | |
| Other | 12% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 88% | 53% | |
| Time deposits | 8% | 22% | |
| Noninterest-bearing | 5% | 25% |
Brokered deposits are 3.4% of deposits (peers 5.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 4.77% | 0.29% |
| Net charge-offs, annualized | 0.67% | 0.03% |
| Reserves to loans | 1.98% | 1.16% |
| Leverage ratio | 20.30% | 9.97% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Florida
Largest competitors in Westchester 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/emigrant