FLORIDA ATLANTIC UNIVERSITY®

U.S. Banks’ Exposure to Risk from Commercial Real Estate Screener

Home Bank Exposures Commercial Real Estate Unrealized Losses on Investment Securities Screener Uninsured Deposits to Total Deposits Uninsured Deposit to Liquid Assets

 

Many financial experts in the banking industry have warned about future losses on commercial real estate (CRE) mortgages as $1 trillion dollars in mortgages mature and must be refinanced at much higher rates during the coming year.

As most CRE mortgages are five- or ten-year balloon mortgages, most of these loans that originated in a lower rate environment are currently rolling over and need to be refinanced this year when rates are higher. There also are many 5-1 adjustable rate mortgages that are repricing during the coming year to much higher rates.

The imminent refinancing of loans, combined with more commercial properties selling at a discount relative to pre-pandemic values, has exposed vulnerabilities in the banking system not only to commercial real estate mortgages, but also to commercial real estate construction loans and unused commitments to fund commercial real estate mortgages and loans.

The U.S. Banks’ Exposure to Risk from Commercial Real Estate screener evaluates 154 of the largest banks in America (with more than $10 billion in assets) out of about 4,500 existing banks to track their exposure to commercial real estate. Using publicly available quarterly data from the Federal Financial Institutions Examination Council Central Data Repository, we calculate each bank’s total CRE exposure (the sum of CRE nonfarm-nonresidential mortgages, multifamily mortgages, CRE commercial & industrial loans, CRE construction loans and unused CRE commitments) as a percentage of the bank’s total equity.

We use this ratio as a broad measure of bank exposure to commercial real estate. A variation of this ratio is used by banking regulators to assess excessive CRE exposures. Any ratio over 300% is viewed as excessive, which puts the bank at greater risk of failure.

This ongoing, quarterly project is produced by The Banking Initiative at Florida Atlantic University sponsored by Executive Education. These statistics are based upon Dr. Cole’s analysis of Bank Call Report data for Q3 2025 obtained from the U.S. Federal Financial Institutions Examination Council.

 

Obs Name ST Total Assets (Millions) Total Equity (Millions) Equity to Assets CRE Total (Millions) CRE Total to Equity
1 Live Oak Banking Company NC 15,058 1,138 7.6% 7,055 620.1%
2 Eaglebank MD 10,446 1,159 11.1% 6,030 520.0%
3 Dime Community Bank NY 15,332 1,645 10.7% 8,406 510.8%
4 Connectone Bank NJ 13,994 1,712 12.2% 8,569 500.6%
5 Servisfirst Bank AL 17,726 1,878 10.6% 9,400 500.5%
6 Flagstar Bank, N.A. NY 87,512 8,145 9.3% 38,628 474.3%
7 Columbia Bank NJ 11,019 1,103 10.0% 5,141 466.2%
8 Provident Bank NJ 24,946 3,166 12.7% 14,486 457.6%
9 Merchants Bank Of Indiana IN 19,391 2,235 11.5% 10,029 448.7%
10 Apple Bank NY 19,220 1,577 8.2% 6,993 443.3%
11 Bank OZK AR 40,786 6,130 15.0% 26,952 439.7%
12 Israel Discount Bank Of New York NY 14,430 1,429 9.9% 6,217 435.0%
13 Beacon Bank & Trust MA 23,182 2,509 10.8% 10,549 420.4%
14 First United Bank And Trust Company OK 16,273 1,559 9.6% 6,445 413.4%
15 Oceanfirst Bank, National Association NJ 14,472 1,737 12.0% 7,077 407.3%
16 CITY NATIONAL BANK OF FLORIDA FL 28,049 2,907 10.4% 11,697 402.3%
17 First Foundation Bank CA 11,882 1,066 9.0% 4,277 401.2%
18 Popular Bank NY 15,061 2,092 13.9% 8,294 396.5%
19 Washington Trust Bank WA 10,683 967 9.1% 3,795 392.3%
20 FIRSTBANK CO 26,481 1,860 7.0% 7,290 391.9%
21 Banner Bank WA 16,348 1,951 11.9% 7,626 390.8%
22 Bank of Hope CA 18,526 2,367 12.8% 9,156 386.9%
23 Valley National Bank NJ 64,062 8,185 12.8% 30,881 377.3%
24 Bell Bank ND 14,444 1,413 9.8% 5,301 375.2%
25 Simmons Bank AR 24,499 3,198 13.1% 11,872 371.3%
26 Synovus Bank GA 61,204 5,825 9.5% 21,481 368.8%
27 Farmers And Merchants Bank Of Long Beach CA 11,797 1,606 13.6% 5,851 364.3%
28 TowneBank VA 19,687 2,422 12.3% 8,726 360.3%
29 WaFd Bank WA 27,269 3,055 11.2% 10,962 358.8%
30 Banc Of California CA 34,710 3,862 11.1% 13,777 356.7%
31 Zions Bancorporation, National Association UT 88,990 7,180 8.1% 25,532 355.6%
32 Trustmark Bank MS 18,923 2,215 11.7% 7,867 355.1%
33 Firstbank TN 16,265 1,975 12.1% 7,003 354.5%
34 Plainscapital Bank TX 12,750 1,506 11.8% 5,265 349.6%
35 ENTERPRISE BANK & TRUST MO 17,269 2,007 11.6% 7,005 349.0%
36 Columbia Bank OR 66,821 8,142 12.2% 28,357 348.3%
37 CATHAY BANK CA 24,213 3,013 12.4% 10,447 346.7%
38 Axos Bank CA 27,205 2,604 9.6% 8,853 340.0%
39 FIRST BANK NC 12,659 1,707 13.5% 5,797 339.5%
40 ARVEST BANK AR 27,787 2,304 8.3% 7,726 335.4%
41 Stellar Bank TX 10,792 1,637 15.2% 5,458 333.4%
42 Glacier Bank MT 31,956 4,200 13.1% 13,307 316.8%
43 Customers Bank PA 24,881 2,155 8.7% 6,810 315.9%
44 United Community Bank SC 27,929 3,391 12.1% 10,613 312.9%
45 Atlantic Union Bank VA 37,498 5,716 15.2% 17,834 312.0%
46 East West Bank CA 79,662 8,151 10.2% 25,200 309.2%
47 Citizens Business Bank, National Association CA 15,635 2,271 14.5% 7,017 309.0%
48 Old National Bank IN 71,772 8,113 11.3% 24,960 307.7%
49 Fulton Bank, N.A. PA 31,982 3,530 11.0% 10,859 307.6%
50 Renasant Bank MS 26,748 4,049 15.1% 12,237 302.2%
51 Comerica Bank TX 80,052 7,238 9.0% 21,834 301.7%
52 The Central Trust Bank MO 20,800 1,874 9.0% 5,637 300.8%
53 BankUnited, N.A. FL 35,028 3,167 9.0% 9,469 299.0%
54 SouthState Bank, National Association FL 67,180 9,670 14.4% 28,873 298.6%
55 Pinnacle Bank TN 57,637 6,930 12.0% 20,657 298.1%
56 Busey Bank IL 18,053 2,483 13.8% 7,304 294.1%
57 Rockland Trust Company MA 24,910 3,876 15.6% 11,377 293.5%
58 United Bank VA 33,546 5,578 16.6% 16,204 290.5%
59 NBT Bank, N.A. NY 15,880 1,848 11.6% 5,308 287.2%
60 Wilmington Savings Fund Society DE 21,218 2,678 12.6% 7,653 285.8%
61 First Horizon Bank TN 83,573 9,188 11.0% 25,981 282.8%
62 FIRST COMMONWEALTH BANK PA 12,311 1,510 12.3% 4,252 281.6%
63 Ameris Bank GA 27,432 4,070 14.8% 11,439 281.1%
64 WESBANCO BANK , INC. WV 27,620 4,160 15.1% 11,515 276.8%
65 Cadence Bank MS 53,529 6,244 11.7% 17,172 275.0%
66 Bank of Hawaii HI 24,143 1,752 7.3% 4,789 273.4%
67 Dollar Bank, A Federal Savings Bank PA 12,513 1,280 10.2% 3,465 270.7%
68 Eastern Bank MA 30,579 4,143 13.5% 11,193 270.2%
69 First Interstate Bank MT 26,568 3,371 12.7% 9,072 269.1%
70 Midfirst Bank OK 41,367 3,903 9.4% 10,347 265.1%
71 BOKF, NA OK 52,005 5,496 10.6% 14,493 263.7%
72 Webster Bank, National Association CT 83,985 9,774 11.6% 25,222 258.0%
73 Mechanics Bank CA 22,368 3,063 13.7% 7,894 257.8%
74 Umb Bank, National Association MO 72,780 7,528 10.3% 19,263 255.9%
75 Frost Bank 041 Tx 53,128 4,541 8.5% 11,609 255.6%
76 Western Alliance Bank AZ 92,736 7,816 8.4% 19,770 252.9%
77 Centennial Bank 0275 AR 22,717 3,997 17.6% 9,757 244.1%
78 Associated Bank, National Association WI 45,145 4,801 10.6% 11,701 243.8%
79 Community Bank National Association NY 17,001 1,615 9.5% 3,912 242.2%
80 Tristate Capital Bank PA 23,338 1,613 6.9% 3,851 238.7%
81 Hancock Whitney Bank MS 35,458 4,341 12.2% 10,202 235.0%
82 First Hawaiian Bank HI 23,958 2,757 11.5% 6,298 228.4%
83 Bancfirst OK 12,119 1,366 11.3% 3,094 226.5%
84 Seacoast National Bank FL 20,831 3,037 14.6% 6,870 226.2%
85 First Financial Bank OH 20,986 2,737 13.0% 6,069 221.8%
86 EVERBANK, NATIONAL ASSOCIATION FL 46,034 4,101 8.9% 9,038 220.4%
87 First National Bank of Omaha NE 34,574 3,749 10.8% 7,700 205.4%
88 Optum Bank UT 20,824 2,960 14.2% 6,032 203.8%
89 CIBC Bank USA IL 63,978 11,175 17.5% 22,552 201.8%
90 First Citizens Bank and Trust Company NC 229,332 23,371 10.2% 47,043 201.3%
91 Texas Capital Bank TX 31,264 3,556 11.4% 7,139 200.8%
92 First Merchants Bank IN 19,011 2,469 13.0% 4,877 197.5%
93 Firstbank Puerto Rico PR 19,112 1,898 9.9% 3,586 189.0%
94 First National Bank Of Pennsylvania PA 50,018 6,711 13.4% 12,668 188.8%
95 Commerce Bank MO 32,722 3,281 10.0% 5,971 182.0%
96 Stifel Bank & Trust MO 19,413 1,335 6.9% 2,359 176.8%
97 First Financial Bank TX 15,382 1,741 11.3% 3,009 172.8%
98 NORTHWEST BANK PA 16,772 1,962 11.7% 3,213 163.7%
99 BANCO POPULAR DE PUERTO RICO PR 59,766 3,778 6.3% 5,973 158.1%
100 City National Bank CA 98,430 12,386 12.6% 18,558 149.8%
101 Santander Bank, N.A. DE 104,148 14,171 13.6% 21,114 149.0%
102 Manufacturers and Traders Trust Company NY 212,887 28,333 13.3% 40,590 143.3%
103 Raymond James Bank FL 43,374 3,166 7.3% 4,461 140.9%
104 Nexbank TX 13,937 1,208 8.7% 1,657 137.2%
105 UBS BANK USA UT 119,318 9,742 8.2% 12,965 133.1%
106 Regions Bank AL 158,218 18,071 11.4% 23,779 131.6%
107 KeyBank National Association OH 181,708 19,075 10.5% 24,046 126.1%
108 Citizens Bank, National Association RI 225,864 26,838 11.9% 32,319 120.4%
109 Prosperity Bank TX 38,459 7,370 19.2% 8,875 120.4%
110 The Huntington National Bank OH 224,047 24,293 10.8% 28,358 116.7%
111 TRUIST BANK NC 539,519 63,223 11.7% 69,010 109.2%
112 ORIENTAL BANK PR 12,385 1,332 10.8% 1,427 107.1%
113 PNC Bank, National Association DE 568,338 59,441 10.5% 57,344 96.5%
114 U.S. Bank National Association OH 676,125 67,961 10.1% 64,784 95.3%
115 BMO Bank National Association IL 252,074 37,359 14.8% 35,353 94.6%
116 Fifth Third Bank, National Association OH 213,730 24,648 11.5% 22,720 92.2%
117 Wells Fargo Bank, National Association SD 1,822,693 173,751 9.5% 158,319 91.1%
118 Safra National Bank of New York NY 12,465 1,330 10.7% 1,106 83.2%
119 Beal Bank USA NV 14,513 2,788 19.2% 2,033 72.9%
120 Toyota Financial Savings Bank NV 15,432 1,469 9.5% 1,036 70.5%
121 TD Bank, N.A. DE 346,188 49,728 14.4% 33,756 67.9%
122 JPMorgan Chase Bank National Association OH 3,752,662 335,936 9.0% 223,653 66.6%
123 The Northern Trust Company IL 176,396 11,412 6.5% 6,884 60.3%
124 Capital One-National Association VA 658,464 97,584 14.8% 53,330 54.7%
125 Ally Bank UT 184,648 15,277 8.3% 8,322 54.5%
126 Bank of America, NA NC 2,636,823 246,250 9.3% 119,976 48.7%
127 DEUTSCHE BANK TRUST COMPANY AMERICAS NY 43,031 9,808 22.8% 4,495 45.8%
128 MORGAN STANLEY PRIVATE BANK, N.A. NY 254,706 17,721 7.0% 7,827 44.2%
129 LENDINGCLUB BANK, NATIONAL ASSOCIATION UT 11,472 1,306 11.4% 562 43.0%
130 MORGAN STANLEY BANK, N.A. UT 253,348 25,576 10.1% 9,828 38.4%
131 HSBC Bank USA N.A. VA 165,262 16,201 9.8% 6,221 38.4%
132 Goldman Sachs Bank, USA NY 644,997 65,331 10.1% 21,467 32.9%
133 BNY Mellon, National Association PA 31,329 3,496 11.2% 857 24.5%
134 Citibank, N.A. SD 1,836,436 176,530 9.6% 37,304 21.1%
135 The Bank of New York Mellon NY 380,997 29,822 7.8% 6,214 20.8%
136 STATE STREET BANK AND TRUST COMPANY MA 360,681 28,919 8.0% 3,847 13.3%
137 Stifel Bank MO 11,735 813 6.9% 62 7.6%
138 TD Bank USA, NA DE 34,632 3,864 11.2% 165 4.3%
139 SoFi Bank UT 46,568 6,030 13.0% 167 2.8%
140 BMW Bank of North America UT 12,815 1,739 13.6% 47 2.7%
141 Sallie Mae Bank UT 29,734 2,890 9.7% 50 1.7%
142 Charles Schwab Bank, SSB TX 253,772 18,658 7.4% 225 1.2%
143 Synchrony Bank UT 112,115 14,552 13.0% 41 0.3%
144 Third Federal Savings and Loan Assoc of Cleve OH 17,488 1,702 9.7% 2 0.1%
145 Barclays Bank Delaware DE 47,613 6,403 13.4% 9 0.1%
146 American Express National Bank UT 211,275 19,011 9.0% 18 0.1%
147 USAA Federal Savings Bank AZ 107,989 5,260 4.9% 0 0.0%
148 Bank of America California, National Association CA 15,505 1,886 12.2% 0 0.0%
149 Charles Schwab Premier Bank, SSB TX 27,022 1,995 7.4% 0 0.0%
150 Comenity Capital Bank UT 13,627 1,770 13.0% 0 0.0%
151 Ameriprise Bank, FSB MN 25,314 1,581 6.2% 0 0.0%
152 Charles Schwab Trust Bank TX 10,435 766 7.3% 0 0.0%

 

 

 

 

 

 

2024 Archived Commercial Real Estate (CRE) - Simple Data

 

 

 

 

 

 

 

 
 
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