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 14,582 1,083 7.4% 6,650 613.7%
2 Eaglebank MD 10,764 1,139 10.6% 6,201 544.7%
3 Dime Community Bank NY 14,528 1,641 11.3% 8,603 524.4%
4 Servisfirst Bank AL 17,583 1,840 10.5% 9,238 502.0%
5 ConnectOne Bank NJ 14,014 1,680 12.0% 8,375 498.4%
6 Flagstar Bank, N.A. NY 91,593 8,609 9.4% 41,417 481.1%
7 Columbia Bank NJ 10,858 1,071 9.9% 5,100 476.2%
8 Bank OZK AR 41,607 6,093 14.6% 28,327 464.9%
9 Provident Bank NJ 24,840 3,106 12.5% 14,393 463.4%
10 First United Bank And Trust Company OK 16,455 1,475 9.0% 6,735 456.5%
11 Israel Discount Bank Of New York NY 14,419 1,406 9.8% 6,352 451.9%
12 Beacon Bank & Trust MA 22,780 2,400 10.5% 10,644 443.5%
13 Apple Bank NY 18,817 1,571 8.3% 6,926 440.9%
14 Farmers And Merchants Bank Of Long Beach CA 11,621 1,404 12.1% 6,106 435.1%
15 First Foundation Bank CA 11,886 1,063 8.9% 4,589 431.5%
16 Merchants Bank Of Indiana IN 19,297 2,179 11.3% 9,219 423.0%
17 CITY NATIONAL BANK OF FLORIDA FL 27,771 2,816 10.1% 11,873 421.6%
18 Amerant Bank, National Association FL 10,387 983 9.5% 4,018 408.5%
19 FIRSTBANK CO 26,621 1,786 6.7% 7,250 405.8%
20 Oceanfirst Bank, National Association NJ 14,231 1,710 12.0% 6,843 400.3%
21 Popular Bank NY 14,940 2,056 13.8% 8,204 399.0%
22 Banner Bank WA 16,556 1,923 11.6% 7,501 390.0%
23 Washington Trust Bank WA 10,628 955 9.0% 3,719 389.5%
24 Bank of Hope CA 18,501 2,337 12.6% 9,080 388.5%
25 Valley National Bank NJ 62,959 8,063 12.8% 30,419 377.2%
26 Zions Bancorporation, National Association UT 88,533 6,865 7.8% 25,785 375.6%
27 Simmons Bank AR 24,164 3,092 12.8% 11,510 372.2%
28 TowneBank VA 19,683 2,398 12.2% 8,903 371.3%
29 Synovus Bank GA 60,333 5,783 9.6% 21,433 370.6%
30 Banc Of California CA 33,924 3,792 11.2% 13,821 364.5%
31 Bell Bank ND 14,135 1,420 10.0% 5,171 364.1%
32 Washington Federal Bank WA 26,683 3,043 11.4% 11,024 362.3%
33 Columbia Bank OR 67,491 8,093 12.0% 28,965 357.9%
34 Trustmark Bank MS 18,799 2,190 11.6% 7,783 355.4%
35 ENTERPRISE BANK & TRUST MO 16,378 1,961 12.0% 6,946 354.2%
36 Firstbank TN 16,201 2,004 12.4% 6,983 348.5%
37 Veritex Community Bank TX 12,715 1,762 13.9% 6,122 347.4%
38 Plainscapital Bank TX 12,641 1,501 11.9% 5,210 347.0%
39 CATHAY BANK CA 24,059 2,988 12.4% 10,360 346.7%
40 ARVEST BANK AR 27,349 2,222 8.1% 7,523 338.5%
41 FIRST BANK NC 12,741 1,676 13.2% 5,584 333.2%
42 Glacier Bank MT 28,998 3,606 12.4% 11,983 332.3%
43 Stellar Bank TX 10,627 1,638 15.4% 5,412 330.4%
44 Comerica Bank TX 77,366 6,852 8.9% 21,780 317.9%
45 Fulton Bank, N.A. PA 31,842 3,466 10.9% 10,868 313.6%
46 United Community Bank SC 28,088 3,382 12.0% 10,519 311.1%
47 Axos Bank CA 26,345 2,535 9.6% 7,878 310.8%
48 East West Bank CA 79,082 8,028 10.2% 24,745 308.2%
49 Old National Bank IN 70,997 8,077 11.4% 24,876 308.0%
50 Customers Bank PA 24,261 2,076 8.6% 6,392 307.8%
51 Citizens Business Bank CA 15,670 2,262 14.4% 6,868 303.6%
52 Renasant Bank MS 26,723 3,986 14.9% 12,010 301.3%
53 Atlantic Union Bank VA 36,991 5,617 15.2% 16,842 299.8%
54 Rockland Trust Company MA 24,993 3,824 15.3% 11,409 298.4%
55 SouthState Bank, National Association FL 66,028 9,586 14.5% 28,500 297.3%
56 Busey Bank IL 18,138 2,444 13.5% 7,251 296.7%
57 Wilmington Savings Fund Society DE 20,758 2,573 12.4% 7,579 294.6%
58 The Central Trust Bank MO 19,188 1,916 10.0% 5,605 292.5%
59 United Bank VA 33,293 5,514 16.6% 16,123 292.4%
60 NBT Bank, N.A. NY 16,003 1,814 11.3% 5,290 291.6%
61 Pinnacle Bank TN 55,868 6,937 12.4% 20,140 290.3%
62 First Interstate Bank MT 27,254 3,388 12.4% 9,721 287.0%
63 FIRST COMMONWEALTH BANK PA 12,279 1,507 12.3% 4,316 286.4%
64 BankUnited, N.A. FL 35,065 3,197 9.1% 9,127 285.5%
65 Bank of Hawaii HI 23,980 1,693 7.1% 4,728 279.3%
66 Midfirst Bank OK 41,162 3,751 9.1% 10,401 277.3%
67 WESBANCO BANK , INC. WV 27,466 4,106 15.0% 11,366 276.8%
68 Cadence Bank MS 53,282 6,083 11.4% 16,834 276.7%
69 Mechanics Bank CA 22,713 2,973 13.1% 8,201 275.8%
70 First Horizon Bank TN 82,887 9,318 11.2% 25,665 275.4%
71 Ameris Bank GA 27,014 4,002 14.8% 10,962 273.9%
72 Umb Bank, National Association MO 71,519 7,285 10.2% 19,210 263.7%
73 Dollar Bank, A Federal Savings Bank PA 12,219 1,248 10.2% 3,265 261.6%
74 BOKF, NA OK 49,918 5,525 11.1% 14,374 260.2%
75 Seacoast National Bank FL 16,667 2,371 14.2% 6,101 257.2%
76 Tristate Capital Bank PA 22,334 1,558 7.0% 3,972 254.9%
77 Frost Bank 041 Tx 52,599 4,406 8.4% 11,102 252.0%
78 Associated Bank, National Association WI 44,394 4,705 10.6% 11,840 251.6%
79 Eastern Bank MA 25,448 3,526 13.9% 8,854 251.1%
80 Community Bank National Association NY 16,659 1,552 9.3% 3,868 249.2%
81 Webster Bank, National Association CT 83,097 9,860 11.9% 24,518 248.7%
82 Western Alliance Bank AZ 90,816 7,662 8.4% 18,926 247.0%
83 Centennial Bank 0275 AR 22,542 3,954 17.5% 9,531 241.1%
84 Nbh Bank CO 10,107 1,280 12.7% 3,022 236.1%
85 Bancfirst OK 11,861 1,326 11.2% 3,088 232.9%
86 First Hawaiian Bank HI 24,102 2,722 11.3% 6,241 229.3%
87 Hancock Whitney Bank MS 35,747 4,353 12.2% 9,765 224.3%
88 Texas Capital Bank TX 32,246 3,427 10.6% 7,517 219.3%
89 First Financial Bank OH 18,457 2,527 13.7% 5,507 217.9%
90 EVERBANK, NATIONAL ASSOCIATION FL 44,814 4,016 9.0% 8,284 206.3%
91 Optum Bank UT 20,102 2,788 13.9% 5,715 205.0%
92 First Merchants Bank IN 18,799 2,403 12.8% 4,845 201.6%
93 First Citizens Bank and Trust Company NC 233,167 22,326 9.6% 44,989 201.5%
94 First National Bank Of Pennsylvania PA 49,665 6,558 13.2% 13,027 198.7%
95 First Financial Bank TX 14,779 1,620 11.0% 3,147 194.3%
96 Firstbank Puerto Rico PR 19,300 1,844 9.6% 3,572 193.7%
97 Commerce Bank MO 32,081 3,175 9.9% 6,126 193.0%
98 First National Bank of Omaha NE 32,341 3,613 11.2% 6,895 190.9%
99 CIBC Bank USA IL 61,487 10,929 17.8% 20,444 187.1%
100 NORTHWEST BANK PA 16,387 1,894 11.6% 3,359 177.3%
101 Stifel Bank & Trust MO 19,672 1,328 6.8% 2,275 171.3%
102 Santander Bank, N.A. DE 97,746 13,646 14.0% 21,803 159.8%
103 BANCO POPULAR DE PUERTO RICO PR 59,601 3,733 6.3% 5,865 157.1%
104 City National Bank CA 96,474 12,045 12.5% 17,983 149.3%
105 Raymond James Bank FL 42,857 3,105 7.2% 4,451 143.4%
106 Manufacturers and Traders Trust Company NY 210,742 28,263 13.4% 40,274 142.5%
107 UBS BANK USA UT 115,280 9,368 8.1% 12,701 135.6%
108 Nexbank TX 14,443 1,250 8.7% 1,644 131.5%
109 Regions Bank AL 158,598 18,047 11.4% 23,423 129.8%
110 KeyBank National Association OH 184,695 18,804 10.2% 23,820 126.7%
111 Citizens Bank, National Association RI 222,111 26,409 11.9% 32,856 124.4%
112 Prosperity Bank TX 38,360 7,422 19.3% 9,071 122.2%
113 ORIENTAL BANK PR 12,132 1,301 10.7% 1,490 114.5%
114 TRUIST BANK NC 535,540 62,581 11.7% 65,132 104.1%
115 The Huntington National Bank OH 209,541 21,679 10.3% 21,666 99.9%
116 PNC Bank, National Association DE 563,953 57,910 10.3% 56,371 97.3%
117 Fifth Third Bank, National Association OH 212,207 24,160 11.4% 22,413 92.8%
118 U.S. Bank National Association OH 679,293 66,797 9.8% 61,364 91.9%
119 BMO Bank National Association IL 249,342 36,776 14.7% 33,400 90.8%
120 Wells Fargo Bank, National Association SD 1,767,105 172,663 9.8% 156,459 90.6%
121 Toyota Financial Savings Bank NV 13,902 1,238 8.9% 1,033 83.4%
122 Safra National Bank of New York NY 12,408 1,344 10.8% 1,109 82.5%
123 TD Bank, N.A. DE 350,852 49,234 14.0% 34,212 69.5%
124 Beal Bank USA NV 16,449 3,152 19.2% 2,077 65.9%
125 JPMorgan Chase Bank National Association OH 3,813,431 331,953 8.7% 215,669 65.0%
126 The Northern Trust Company IL 169,571 11,258 6.6% 6,865 61.0%
127 Capital One-National Association VA 652,138 97,868 15.0% 52,344 53.5%
128 Ally Bank UT 180,089 15,059 8.4% 7,329 48.7%
129 Bank of America, NA NC 2,651,090 251,567 9.5% 120,648 48.0%
130 DEUTSCHE BANK TRUST COMPANY AMERICAS NY 40,293 9,666 24.0% 4,358 45.1%
131 MORGAN STANLEY PRIVATE BANK, N.A. NY 240,201 18,034 7.5% 8,127 45.1%
132 LENDINGCLUB BANK, NATIONAL ASSOCIATION UT 10,967 1,255 11.4% 555 44.2%
133 MORGAN STANLEY BANK, N.A. UT 249,681 25,985 10.4% 10,984 42.3%
134 HSBC Bank USA N.A. VA 162,240 16,454 10.1% 6,607 40.2%
135 Goldman Sachs Bank, USA NY 644,020 65,503 10.2% 20,772 31.7%
136 BNY Mellon, National Association PA 31,312 3,509 11.2% 800 22.8%
137 Citibank, N.A. SD 1,844,189 177,068 9.6% 39,122 22.1%
138 The Bank of New York Mellon NY 366,502 29,259 8.0% 6,432 22.0%
139 STATE STREET BANK AND TRUST COMPANY MA 366,079 28,896 7.9% 4,515 15.6%
140 Stifel Bank MO 11,960 783 6.5% 73 9.3%
141 TD Bank USA, NA DE 34,298 4,454 13.0% 172 3.9%
142 SoFi Bank UT 41,250 5,816 14.1% 156 2.7%
143 BMW Bank of North America UT 12,469 1,812 14.5% 47 2.6%
144 Sallie Mae Bank UT 29,619 3,018 10.2% 50 1.7%
145 Charles Schwab Bank, SSB TX 243,112 21,328 8.8% 248 1.2%
146 Synchrony Bank UT 110,559 14,743 13.3% 41 0.3%
147 Third Federal Savings and Loan Assoc of Cleve OH 17,444 1,743 10.0% 2 0.1%
148 Barclays Bank Delaware DE 46,823 6,385 13.6% 8 0.1%
149 American Express National Bank UT 211,134 18,166 8.6% 17 0.1%
150 USAA Federal Savings Bank AZ 104,903 4,987 4.8% 0 0.0%
151 Bank of America California, National Association CA 15,015 1,862 12.4% 0 0.0%
152 Charles Schwab Premier Bank, SSB TX 25,134 2,163 8.6% 0 0.0%
153 Comenity Capital Bank UT 12,699 1,827 14.4% 0 0.0%
154 Ameriprise Bank, FSB MN 24,297 1,586 6.5% 0 0.0%

2024 Archived Commercial Real Estate (CRE) - Simple Data

 

 

 

 

 

 

 

 
 
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