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 Q2 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 13,741 1,041 7.6% 6,300 605.4%
2 Dime Community Bank NY 14,197 1,618 11.4% 8,903 550.2%
3 Eaglebank MD 10,550 1,198 11.4% 6,551 546.7%
4 Servisfirst Bank AL 17,377 1,781 10.2% 9,243 519.1%
5 Bank OZK AR 41,454 5,925 14.3% 30,263 510.8%
6 ConnectOne Bank NJ 13,906 1,634 11.8% 8,288 507.1%
7 Flagstar Bank, N.A. NY 92,176 8,578 9.3% 42,773 498.6%
8 Provident Bank NJ 24,550 3,042 12.4% 14,943 491.2%
9 First United Bank And Trust Company OK 16,438 1,427 8.7% 6,776 474.9%
10 Columbia Bank NJ 10,735 1,083 10.1% 4,927 454.8%
11 Farmers And Merchants Bank Of Long Beach CA 11,396 1,388 12.2% 6,238 449.3%
12 Apple Bank NY 18,346 1,546 8.4% 6,871 444.4%
13 Merchants Bank Of Indiana IN 19,084 2,138 11.2% 9,353 437.4%
14 Israel Discount Bank Of New York NY 13,638 1,371 10.1% 5,957 434.3%
15 Berkshire Bank MA 12,028 1,181 9.8% 5,046 427.4%
16 CITY NATIONAL BANK OF FLORIDA FL 27,060 2,694 10.0% 11,397 423.0%
17 Amerant Bank, National Association FL 10,312 987 9.6% 4,170 422.5%
18 FIRSTBANK CO 26,761 1,698 6.3% 7,081 417.1%
19 Washington Trust Bank WA 10,676 934 8.8% 3,757 402.1%
20 Banner Bank WA 16,431 1,867 11.4% 7,408 396.7%
21 Popular Bank NY 14,864 2,034 13.7% 8,050 395.7%
22 First Foundation Bank CA 11,558 1,189 10.3% 4,677 393.4%
23 Zions Bancorporation, National Association UT 88,893 6,596 7.4% 25,623 388.5%
24 Oceanfirst Bank NJ 13,236 1,684 12.7% 6,537 388.2%
25 Banc Of California CA 34,163 3,761 11.0% 14,504 385.6%
26 Bank of Hope CA 18,540 2,306 12.4% 8,880 385.1%
27 Synovus Bank GA 60,920 5,602 9.2% 21,355 381.2%
28 Valley National Bank NJ 62,650 8,026 12.8% 29,961 373.3%
29 TowneBank VA 18,265 2,231 12.2% 8,327 373.2%
30 Trustmark National Bank MS 18,613 2,156 11.6% 7,967 369.6%
31 Washington Federal Bank WA 26,719 3,027 11.3% 11,051 365.1%
32 Bell Bank ND 14,066 1,395 9.9% 5,075 363.8%
33 Umpqua Bank OR 51,893 5,688 11.0% 20,398 358.6%
34 ENTERPRISE BANK & TRUST MO 16,047 1,915 11.9% 6,859 358.2%
35 ARVEST BANK AR 27,347 2,133 7.8% 7,346 344.4%
36 Stellar Bank TX 10,492 1,612 15.4% 5,535 343.4%
37 CATHAY BANK CA 23,709 2,969 12.5% 10,030 337.8%
38 Veritex Community Bank TX 12,482 1,728 13.8% 5,808 336.2%
39 Plainscapital Bank TX 12,409 1,502 12.1% 5,025 334.6%
40 Glacier Bank MT 28,987 3,542 12.2% 11,713 330.7%
41 FIRST BANK NC 12,603 1,630 12.9% 5,340 327.6%
42 Simmons Bank AR 26,628 3,577 13.4% 11,621 324.9%
43 Fulton Bank, N.A. PA 31,895 3,385 10.6% 10,968 324.0%
44 Firstbank TN 13,324 1,572 11.8% 5,052 321.3%
45 Customers Bank PA 22,542 1,924 8.5% 6,129 318.5%
46 Pacific Premier Bank CA 17,784 3,050 17.1% 9,695 317.9%
47 Comerica Bank TX 78,039 6,706 8.6% 20,928 312.1%
48 Old National Bank IN 70,701 7,872 11.1% 24,530 311.6%
49 Axos Bank CA 23,895 2,478 10.4% 7,675 309.8%
50 Citizens Business Bank CA 15,418 2,218 14.4% 6,816 307.3%
51 Busey Bank IL 18,866 2,407 12.8% 7,353 305.4%
52 Wilmington Savings Fund Society DE 20,678 2,448 11.8% 7,470 305.1%
53 United Community Bank SC 28,043 3,358 12.0% 10,216 304.2%
54 Atlantic Union Bank VA 37,204 5,474 14.7% 16,553 302.4%
55 SouthState Bank, National Association FL 65,866 9,384 14.2% 28,354 302.2%
56 Renasant Bank MS 26,605 3,944 14.8% 11,786 298.9%
57 The Central Trust Bank MO 19,070 1,883 9.9% 5,616 298.2%
58 First Interstate Bank MT 27,491 3,374 12.3% 10,041 297.6%
59 NBT Bank, N.A. NY 15,907 1,779 11.2% 5,277 296.7%
60 United Bank VA 32,680 5,444 16.7% 15,794 290.1%
61 Pinnacle Bank TN 54,690 6,725 12.3% 19,501 290.0%
62 East West Bank CA 77,620 7,692 9.9% 22,204 288.7%
63 BankUnited, N.A. FL 35,441 3,136 8.8% 8,991 286.7%
64 FIRST COMMONWEALTH BANK PA 12,205 1,478 12.1% 4,231 286.2%
65 Bank of Hawaii HI 23,677 1,631 6.9% 4,637 284.2%
66 First Horizon Bank TN 81,784 9,166 11.2% 25,635 279.7%
67 WESBANCO BANK , INC. WV 27,462 4,010 14.6% 11,176 278.7%
68 Midfirst Bank OK 40,442 3,705 9.2% 10,275 277.3%
69 Cadence Bank MS 50,379 5,916 11.7% 16,322 275.9%
70 Ameris Bank GA 26,602 3,924 14.8% 10,657 271.6%
71 Frost Bank 041 Tx 51,490 4,093 8.0% 11,108 271.4%
72 Rockland Trust Company MA 20,051 3,170 15.8% 8,561 270.1%
73 Dollar Bank, A Federal Savings Bank PA 11,943 1,217 10.2% 3,278 269.4%
74 Tristate Capital Bank PA 21,174 1,498 7.1% 3,969 264.9%
75 Western Alliance Bank AZ 86,623 7,400 8.5% 19,237 260.0%
76 Seacoast National Bank FL 15,935 2,237 14.0% 5,801 259.4%
77 Umb Bank, National Association MO 71,439 7,016 9.8% 18,077 257.6%
78 BOKF, NA OK 50,922 5,421 10.6% 13,932 257.0%
79 Associated Bank, National Association WI 43,932 4,631 10.5% 11,774 254.3%
80 Eastern Bank MA 25,453 3,539 13.9% 8,865 250.5%
81 Community Bank National Association NY 16,406 1,492 9.1% 3,731 250.0%
82 Webster Bank, National Association CT 81,842 9,724 11.9% 24,132 248.2%
83 Centennial Bank 0275 AR 22,736 3,869 17.0% 9,485 245.2%
84 Bancfirst OK 11,855 1,289 10.9% 3,101 240.6%
85 Texas Capital Bank TX 31,632 3,287 10.4% 7,464 227.1%
86 Hancock Whitney Bank MS 35,205 4,250 12.1% 9,451 222.4%
87 First Hawaiian Bank HI 23,840 2,684 11.3% 5,868 218.6%
88 EVERBANK, NATIONAL ASSOCIATION FL 44,446 3,805 8.6% 8,112 213.2%
89 Optum Bank UT 19,571 2,582 13.2% 5,398 209.1%
90 First Merchants Bank IN 18,581 2,333 12.6% 4,847 207.7%
91 First National Bank Of Pennsylvania PA 49,501 6,435 13.0% 13,276 206.3%
92 Commerce Bank MO 32,100 3,046 9.5% 6,198 203.5%
93 First National Bank of Omaha NE 31,562 3,432 10.9% 6,922 201.7%
94 Mechanics Bank CA 16,575 2,417 14.6% 4,859 201.0%
95 First Financial Bank OH 18,536 2,493 13.4% 5,005 200.8%
96 Firstbank Puerto Rico PR 18,892 1,790 9.5% 3,536 197.5%
97 First Financial Bank TX 14,324 1,604 11.2% 3,149 196.4%
98 First Citizens Bank and Trust Company NC 229,412 22,677 9.9% 44,375 195.7%
99 CIBC Bank USA IL 60,356 10,685 17.7% 19,523 182.7%
100 NORTHWEST BANK PA 14,494 1,644 11.3% 2,904 176.7%
101 Stifel Bank & Trust MO 18,470 1,340 7.3% 2,336 174.2%
102 Santander Bank, N.A. DE 103,352 13,210 12.8% 22,114 167.4%
103 BANCO POPULAR DE PUERTO RICO PR 60,778 3,580 5.9% 5,860 163.7%
104 Raymond James Bank FL 42,320 3,061 7.2% 4,406 143.9%
105 City National Bank CA 94,207 11,787 12.5% 16,965 143.9%
106 Nexbank TX 14,182 1,294 9.1% 1,726 133.4%
107 Manufacturers and Traders Trust Company NY 211,042 28,382 13.4% 36,341 128.0%
108 Prosperity Bank TX 38,429 7,357 19.1% 9,102 123.7%
109 ORIENTAL BANK PR 12,106 1,230 10.2% 1,489 121.0%
110 Citizens Bank, National Association RI 217,970 25,937 11.9% 30,842 118.9%
111 Toyota Financial Savings Bank NV 11,761 875 7.4% 999 114.2%
112 KeyBank National Association OH 182,592 18,351 10.1% 20,047 109.2%
113 The Huntington National Bank OH 206,645 20,790 10.1% 20,055 96.5%
114 Regions Bank AL 157,807 17,547 11.1% 16,247 92.6%
115 Truist Bank NC 535,585 61,764 11.5% 54,128 87.6%
116 Fifth Third Bank, National Association OH 209,311 23,640 11.3% 20,003 84.6%
117 BMO Bank National Association IL 253,743 36,164 14.3% 30,192 83.5%
118 PNC Bank, National Association DE 554,573 56,653 10.2% 45,218 79.8%
119 Safra National Bank of New York NY 10,797 1,303 12.1% 1,035 79.4%
120 Wells Fargo Bank, National Association SD 1,746,394 171,723 9.8% 129,747 75.6%
121 U.S. Bank National Association OH 671,438 65,382 9.7% 48,799 74.6%
122 TD Bank, N.A. DE 356,447 48,637 13.6% 34,093 70.1%
123 The Northern Trust Company IL 171,310 11,101 6.5% 6,631 59.7%
124 Beal Bank USA NV 16,985 3,106 18.3% 1,775 57.2%
125 JPMorgan Chase Bank National Association OH 3,788,551 322,777 8.5% 178,745 55.4%
126 Ally Bank UT 178,052 14,722 8.3% 6,973 47.4%
127 DEUTSCHE BANK TRUST COMPANY AMERICAS NY 42,880 10,139 23.6% 4,621 45.6%
128 LENDINGCLUB BANK, NATIONAL ASSOCIATION UT 10,661 1,205 11.3% 538 44.6%
129 MORGAN STANLEY PRIVATE BANK, N.A. NY 235,034 17,309 7.4% 7,406 42.8%
130 MORGAN STANLEY BANK, N.A. UT 239,249 24,648 10.3% 9,510 38.6%
131 Bank of America, NA NC 2,665,555 250,540 9.4% 81,788 32.6%
132 Capital One-National Association VA 648,909 97,139 15.0% 28,616 29.5%
133 Goldman Sachs Bank, USA NY 625,410 65,578 10.5% 15,309 23.3%
134 UBS BANK USA UT 114,295 9,651 8.4% 2,183 22.6%
135 HSBC Bank USA N.A. VA 169,752 16,405 9.7% 3,584 21.8%
136 BNY Mellon, National Association PA 29,578 3,666 12.4% 776 21.2%
137 The Bank of New York Mellon NY 398,293 30,917 7.8% 5,856 18.9%
138 Citibank, N.A. SD 1,833,933 176,115 9.6% 28,456 16.2%
139 STATE STREET BANK AND TRUST COMPANY MA 371,784 29,140 7.8% 2,586 8.9%
140 Stifel Bank MO 11,533 761 6.6% 62 8.2%
141 TD Bank USA, NA DE 34,506 4,360 12.6% 193 4.4%
142 SoFi Bank UT 36,284 4,909 13.5% 153 3.1%
143 BMW Bank of North America UT 12,281 1,739 14.2% 42 2.4%
144 Sallie Mae Bank UT 29,548 2,939 9.9% 50 1.7%
145 Synchrony Bank UT 113,897 14,631 12.8% 48 0.3%
146 Third Federal Savings and Loan Assoc of Cleve OH 17,363 1,721 9.9% 2 0.1%
147 Barclays Bank Delaware DE 44,013 6,338 14.4% 9 0.1%
148 USAA Federal Savings Bank AZ 106,476 4,697 4.4% 0 0.0%
149 American Express National Bank UT 211,721 18,181 8.6% 0 0.0%
150 Bank of America California, National Association CA 14,984 1,847 12.3% 0 0.0%
151 Charles Schwab Premier Bank, SSB TX 24,433 2,227 9.1% 0 0.0%
152 Charles Schwab Bank, SSB TX 247,664 21,237 8.6% 0 0.0%
153 Comenity Capital Bank UT 12,909 1,886 14.6% 0 0.0%
154 Ameriprise Bank, FSB MN 24,008 1,470 6.1% 0 0.0%

 

2024 Archived Commercial Real Estate (CRE) - Simple Data

 

 

 

 
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