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 well above 6%. 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 157 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 Q1 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 13,504 1,002 7.4% 5,992 598%
2 DIME COMMUNITY BANK NY 14,085 1,597 11.3% 8,970 562%
3 EAGLEBANK MD 11,267 1,256 11.2% 6,725 535%
4 BANK OZK AR 39,165 5,831 14.9% 30,567 524%
5 FLAGSTAR BANK, NATIONAL ASSOCI NY 97,568 8,603 8.8% 45,041 524%
6 SERVISFIRST BANK AL 18,636 1,727 9.3% 8,970 519%
7 MERCHANTS BANK OF INDIANA IN 18,741 2,113 11.3% 10,433 494%
8 PROVIDENT BANK NJ 24,256 2,983 12.3% 14,705 493%
9 FIRST UNITED BANK AND TRUST CO OK 16,287 1,434 8.8% 6,684 466%
10 FIRST FOUNDATION BANK CA 12,557 1,197 9.5% 5,531 462%
11 COLUMBIA BANK NJ 10,608 1,063 10.0% 4,903 461%
12 APPLE BANK NY 17,945 1,528 8.5% 6,867 449%
13 FARMERS AND MERCHANTS BANK OF CA 11,487 1,379 12.0% 6,157 447%
14 BREMER BANK, NATIONAL ASSOCIAT MN 16,414 1,356 8.3% 5,999 442%
15 ISRAEL DISCOUNT BANK OF NEW YO NY 13,581 1,348 9.9% 5,838 433%
16 BERKSHIRE BANK MA 12,013 1,159 9.6% 5,007 432%
17 CITY NATIONAL BANK OF FLORIDA FL 27,175 2,619 9.6% 11,301 432%
18 FIRSTBANK CO 27,110 1,653 6.1% 6,997 423%
19 AMERANT BANK, NATIONAL ASSOCIA FL 10,147 958 9.4% 4,011 419%
20 ZIONS BANCORPORATION, NATIONAL UT 87,992 6,328 7.2% 25,315 400%
21 BANK OF HOPE CA 17,063 2,234 13.1% 8,895 398%
22 WASHINGTON TRUST BANK WA 10,703 918 8.6% 3,642 397%
23 BANNER BANK WA 16,187 1,865 11.5% 7,287 391%
24 POPULAR BANK NY 14,529 2,009 13.8% 7,821 389%
25 SANDY SPRING BANK MD 13,766 1,842 13.4% 7,103 386%
26 BANC OF CALIFORNIA CA 33,692 3,859 11.5% 14,780 383%
27 SYNOVUS BANK GA 60,208 5,524 9.2% 21,099 382%
28 BELL BANK ND 14,499 1,371 9.5% 5,198 379%
29 VALLEY NATIONAL BANK NJ 61,818 8,027 13.0% 30,408 379%
30 TRUSTMARK NATIONAL BANK MS 18,294 2,113 11.6% 7,953 376%
31 OCEANFIRST BANK, NATIONAL ASSO NJ 13,218 1,704 12.9% 6,362 373%
32 ENTERPRISE BANK & TRUST MO 15,648 1,871 12.0% 6,852 366%
33 WASHINGTON FEDERAL BANK WA 27,629 3,023 10.9% 11,073 366%
34 UMPQUA BANK OR 51,509 5,588 10.8% 20,362 364%
35 ARVEST BANK AR 27,136 2,069 7.6% 7,301 353%
36 TOWNEBANK VA 17,512 2,201 12.6% 7,637 347%
37 AXOS BANK CA 23,100 2,433 10.5% 8,353 343%
38 STELLAR BANK TX 10,433 1,621 15.5% 5,441 336%
39 ATLANTIC UNION BANK VA 24,520 3,486 14.2% 11,627 334%
40 CUSTOMERS BANK PA 22,416 1,829 8.2% 6,086 333%
41 VERITEX COMMUNITY BANK TX 12,561 1,716 13.7% 5,708 333%
42 FIRST BANK NC 12,437 1,584 12.7% 5,269 333%
43 PLAINSCAPITAL BANK TX 12,875 1,471 11.4% 4,881 332%
44 CATHAY BANK CA 23,189 2,949 12.7% 9,775 332%
45 FULTON BANK, NATIONAL ASSOCIAT PA 31,989 3,351 10.5% 10,966 327%
46 GLACIER BANK MT 27,842 3,275 11.8% 10,685 326%
47 SIMMONS BANK AR 26,749 3,574 13.4% 11,629 325%
48 FIRSTBANK TN 13,107 1,571 12.0% 5,044 321%
49 COMERICA BANK TX 77,698 6,579 8.5% 20,610 313%
50 FIRST INTERSTATE BANK MT 28,204 3,325 11.8% 10,384 312%
51 CENTRAL TRUST BANK, THE MO 19,551 1,859 9.5% 5,729 308%
52 PACIFIC PREMIER BANK, NATIONAL CA 18,081 3,193 17.7% 9,744 305%
53 CITIZENS BUSINESS BANK CA 15,263 2,212 14.5% 6,747 305%
54 SOUTHSTATE BANK, N.A. FL 65,109 9,249 14.2% 27,951 302%
55 UNITED COMMUNITY BANK SC 27,827 3,275 11.8% 9,785 299%
56 BANK OF HAWAII HI 23,853 1,581 6.6% 4,701 297%
57 UNITED BANK VA 32,691 5,384 16.5% 15,847 294%
58 OLD NATIONAL BANK IN 53,574 6,343 11.8% 18,663 294%
59 EAST WEST BANK CA 75,712 7,490 9.9% 21,977 293%
60 WILMINGTON SAVINGS FUND SOCIET DE 20,461 2,592 12.7% 7,584 293%
61 PINNACLE BANK TN 54,173 6,639 12.3% 19,216 289%
62 RENASANT BANK MS 18,272 2,743 15.0% 7,879 287%
63 FIRST COMMONWEALTH BANK PA 11,756 1,409 12.0% 4,030 286%
64 FIRST HORIZON BANK TN 81,202 9,058 11.2% 25,613 283%
65 WESBANCO BANK, INC. WV 27,321 3,968 14.5% 11,204 282%
66 AMERIS BANK GA 26,428 3,900 14.8% 10,727 275%
67 WESTERN ALLIANCE BANK AZ 82,944 7,096 8.6% 19,428 274%
68 FROST BANK Tx 52,059 4,020 7.7% 10,996 274%
69 NBT BANK, NATIONAL ASSOCIATION NY 13,760 1,518 11.0% 4,122 272%
70 ROCKLAND TRUST COMPANY MA 19,887 3,148 15.8% 8,544 271%
71 CADENCE BANK MS 47,743 5,719 12.0% 15,439 270%
72 TRISTATE CAPITAL BANK PA 20,708 1,453 7.0% 3,922 270%
73 BANKUNITED, NATIONAL ASSOCIATI FL 34,811 3,201 9.2% 8,573 268%
74 NBH BANK CO 10,062 1,225 12.2% 3,264 267%
75 MIDFIRST BANK OK 39,520 3,793 9.6% 10,092 266%
76 DOLLAR BANK, FEDERAL SAVINGS B PA 11,743 1,188 10.1% 3,150 265%
77 UMB BANK, NATIONAL ASSOCIATION MO 69,014 6,774 9.8% 17,928 265%
78 ASSOCIATED BANK, NATIONAL ASSO WI 43,249 4,546 10.5% 11,792 259%
79 EASTERN BANK MA 24,985 3,411 13.7% 8,777 257%
80 COMMUNITY BANK, NATIONAL ASSOC NY 16,504 1,448 8.8% 3,699 255%
81 SEACOAST NATIONAL BANK FL 15,723 2,209 14.0% 5,619 254%
82 BANCFIRST OK 11,761 1,248 10.6% 3,153 253%
83 BOKF, NATIONAL ASSOCIATION OK 50,345 5,301 10.5% 13,272 250%
84 WEBSTER BANK, NATIONAL ASSOCIA CT 80,212 9,632 12.0% 24,082 250%
85 CENTENNIAL BANK AR 22,919 3,855 16.8% 9,618 250%
86 BUSEY BANK IL 11,977 1,609 13.4% 4,004 249%
87 TEXAS CAPITAL BANK TX 31,103 3,178 10.2% 7,617 240%
88 FIRST HAWAIIAN BANK HI 23,748 2,639 11.1% 5,937 225%
89 HANCOCK WHITNEY BANK MS 34,732 4,148 11.9% 9,185 221%
90 FIRST NATIONAL BANK OF OMAHA NE 31,792 3,272 10.3% 6,959 213%
91 FIRST NATIONAL BANK OF PENNSYL PA 48,800 6,315 12.9% 13,401 212%
92 OPTUM BANK, INC. UT 18,867 2,399 12.7% 5,052 211%
93 COMMERCE BANK MO 32,239 2,900 9.0% 6,107 211%
94 MECHANICS BANK CA 16,544 2,374 14.4% 4,962 209%
95 FIRST FINANCIAL BANK OH 18,340 2,458 13.4% 5,009 204%
96 FIRST MERCHANTS BANK IN 18,426 2,333 12.7% 4,752 204%
97 FIRSTBANK PUERTO RICO PR 19,102 1,739 9.1% 3,513 202%
98 FIRST-CITIZENS BANK & TRUST CO NC 228,632 21,996 9.6% 44,126 201%
99 FIRST FINANCIAL BANK TX 14,259 1,554 10.9% 3,077 198%
100 EVERBANK, NATIONAL ASSOCIATION FL 41,858 3,745 8.9% 7,279 194%
101 NORTHWEST BANK PA 14,475 1,627 11.2% 3,013 185%
102 CIBC BANK USA IL 61,303 10,381 16.9% 19,191 185%
103 SANTANDER BANK, NATIONAL ASSOC DE 104,559 12,844 12.3% 22,379 174%
104 BANCO POPULAR DE PUERTO RICO PR 59,140 3,312 5.6% 5,751 174%
105 STIFEL BANK AND TRUST MO 19,530 1,375 7.0% 2,354 171%
106 CITY NATIONAL BANK CA 93,149 11,539 12.4% 16,648 144%
107 RAYMOND JAMES BANK FL 41,907 3,005 7.2% 4,124 137%
108 NEXBANK TX 13,909 1,311 9.4% 1,764 135%
109 MANUFACTURERS AND TRADERS TRUS NY 209,801 28,003 13.3% 37,027 132%
110 PROSPERITY BANK TX 38,764 7,276 18.8% 9,068 125%
111 CITIZENS BANK, NATIONAL ASSOCI RI 220,014 25,408 11.5% 31,556 124%
112 ORIENTAL BANK PR 11,590 1,171 10.1% 1,447 124%
113 KEYBANK NATIONAL ASSOCIATION OH 185,776 17,892 9.6% 19,524 109%
114 HUNTINGTON NATIONAL BANK, THE OH 208,159 20,616 9.9% 20,327 99%
115 REGIONS BANK AL 158,421 17,382 11.0% 15,933 92%
116 FIFTH THIRD BANK, NATIONAL ASS OH 211,921 22,977 10.8% 20,279 88%
117 TRUIST BANK NC 527,488 61,598 11.7% 53,620 87%
118 BMO BANK NATIONAL ASSOCIATION IL 257,049 35,481 13.8% 30,300 85%
119 PNC BANK, NATIONAL ASSOCIATION DE 549,324 55,390 10.1% 45,886 83%
120 WELLS FARGO BANK, NATIONAL ASS SD 1,711,028 168,241 9.8% 130,799 78%
121 SAFRA NATIONAL BANK OF NEW YOR NY 11,099 1,293 11.6% 999 77%
122 U.S. BANK NATIONAL ASSOCIATION OH 659,191 64,498 9.8% 48,756 76%
123 TD BANK, NATIONAL ASSOCIATION DE 366,507 48,157 13.1% 34,440 72%
124 NORTHERN TRUST COMPANY, THE IL 164,498 10,987 6.7% 6,746 61%
125 BEAL BANK USA NV 16,287 3,102 19.0% 1,727 56%
126 JPMORGAN CHASE BANK, NATIONAL OH 3,643,099 316,613 8.7% 174,133 55%
127 CAPITAL ONE, NATIONAL ASSOCIAT VA 490,573 59,194 12.1% 29,953 51%
128 ALLY BANK UT 182,323 14,406 7.9% 7,115 49%
129 DEUTSCHE BANK TRUST COMPANY AM NY 39,663 9,911 25.0% 4,643 47%
130 MORGAN STANLEY PRIVATE BANK, N NY 223,785 17,746 7.9% 7,357 41%
131 MORGAN STANLEY BANK, N.A. UT 234,481 23,458 10.0% 9,583 41%
132 LENDINGCLUB BANK, NATIONAL ASS UT 10,344 1,151 11.1% 459 40%
133 BANK OF AMERICA, NATIONAL ASSO NC 2,615,296 246,924 9.4% 82,167 33%
134 HSBC BANK USA, NATIONAL ASSOCI VA 166,237 16,101 9.7% 3,784 24%
135 UBS BANK USA UT 116,338 9,925 8.5% 2,228 22%
136 GOLDMAN SACHS BANK USA NY 598,460 65,748 11.0% 14,316 22%
137 BNY MELLON, NATIONAL ASSOCIATI PA 30,061 3,632 12.1% 725 20%
138 BANK OF NEW YORK MELLON, THE NY 356,262 29,672 8.3% 5,832 20%
139 CITIBANK, N.A. SD 1,760,921 174,255 9.9% 28,393 16%
140 STATE STREET BANK AND TRUST CO MA 368,219 28,020 7.6% 2,723 10%
141 STIFEL BANK MO 11,478 726 6.3% 60 8%
142 TD BANK USA, NATIONAL ASSOCIAT DE 34,737 4,449 12.8% 209 5%
143 SOFI BANK, NATIONAL ASSOCIATIO UT 32,857 4,726 14.4% 140 3%
144 BMW BANK OF NORTH AMERICA UT 12,294 1,919 15.6% 42 2%
145 SALLIE MAE BANK UT 28,934 2,937 10.2% 50 2%
146 SYNCHRONY BANK UT 114,809 14,306 12.5% 41 0%
147 THIRD FEDERAL SAVINGS & LOAN A OH 17,099 1,715 10.0% 3 0%
148 BARCLAYS BANK DELAWARE DE 45,277 6,195 13.7% 9 0%
149 USAA FEDERAL SAVINGS BANK AZ 110,780 4,322 3.9% 1 0%
150 DISCOVER BANK DE 145,413 14,219 9.8% 0 0%
151 WELLS FARGO NATIONAL BANK WEST NV 10,221 1,523 14.9% 0 0%
152 AMERICAN EXPRESS NATIONAL BANK UT 203,448 19,160 9.4% 0 0%
153 BANK OF AMERICA CALIFORNIA, NA CA 16,118 1,824 11.3% 0 0%
154 CHARLES SCHWAB PREMIER BANK, S TX 25,262 2,334 9.2% 0 0%
155 CHARLES SCHWAB BANK, SSB TX 260,404 21,297 8.2% 0 0%
156 COMENITY CAPITAL BANK UT 13,240 1,827 13.8% 0 0%
157 AMERIPRISE BANK, FSB MN 24,178 1,353 5.6% 0 0%

 

 

2024 Archived Commercial Real Estate (CRE) - Simple Data

 

 

 

 
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