FLORIDA ATLANTIC UNIVERSITY®

U.S. Banks’ Nonperforming Commercial Mortgages

This page presents information on the percentages of nonperforming commercial mortgages at 152 banks with more than $10 billion in assets in America out of more than 4,000 existing banks to help track their exposure to commercial real estate. Using publicly available quarterly data from the Federal Financial Institutions Examination Council Central Data Repository, we calculate and rank each bank’s total CRE exposure (the sum of CRE nonfarm-nonresidential mortgages, multifamily mortgages, CRE construction loans and unused CRE commitments) as a percentage of the bank’s total equity.

We also calculate the percentages of two different classifications of nonperforming commercial mortgages: owner-occupied and other(not owner-occupied). “Nonperforming mortgages refer to mortgages where the borrow is delinquent on payments by 30 days or more, and is a key measure of a bank’s “asset quality. High ratios of nonperforming loans have been identified as one of the leading predictors of bank failures. Regulators consider “owner-occupied commercial mortgages to be less risky than "other commercial mortgages.

This ongoing, quarterly project is produced by The Banking Initiative at Florida Atlantic University sponsored by Executive Education. This is the most currently available data (Q4-2025). 

Obs Bank Name ST Equity Assets Mortgages CRE, Owner Occupied Mortgages CRE, Other NPL Total, CRE, Owner Occupied NPL Total, CRE, Other CRE, to Equity
1 Live Oak Banking Company NC 1,138   15,058   2,801   1,970  5.5% 1.7% 622.4%
2 Eaglebank MD 1,159   10,446   1,249   1,878  1.7% 4.2% 525.1%
3 Servisfirst Bank AL 1,878   17,726   2,630   3,256  0.7% 0.5% 517.3%
4 Connectone Bank NJ 1,712   13,994   1,631   2,421  0.4% 0.1% 511.4%
5 Dime Community Bank NY 1,645   15,332   1,614   2,933  0.5% 1.3% 506.5%
6 Flagstar Bank, N.A. NY 8,145   87,512   2,562   4,751  1.6% 10.4% 488.8%
7 Columbia Bank NJ 1,103   11,019   650   1,737  1.2% 0.2% 468.9%
8 Provident Bank NJ 3,166   24,946   2,726   7,120  0.7% 0.5% 467.9%
9 Bank OZK AR 6,130   40,786   815   7,602  0.7% 3.4% 457.6%
10 Apple Bank NY 1,577   19,220   0   2,554  0.0% 0.0% 443.3%
11 Merchants Bank Of Indiana IN 2,235   19,391   176   1,355  5.6% 4.4% 438.9%
12 First United Bank And Trust Company OK 1,559   16,273   1,044   2,177  1.0% 1.9% 435.5%
13 Banner Bank WA 1,951   16,348   2,348   2,261  0.1% 0.2% 425.8%
14 Israel Discount Bank Of New York NY 1,429   14,430   1,641   2,184  0.6% 3.0% 425.1%
15 CITY NATIONAL BANK OF FLORIDA FL 2,907   28,049   1,670   5,867  0.6% 0.6% 423.4%
16 Beacon Bank & Trust MA 2,509   23,182   1,810   5,227  0.8% 0.9% 421.2%
17 Oceanfirst Bank, National Association NJ 1,737   14,472   866   3,724  0.6% 0.8% 411.8%
18 Washington Trust Bank WA 967   10,683   1,010   1,254  1.8% 1.0% 409.4%
19 FIRSTBANK CO 1,860   26,481   1,428   2,793  0.6% 1.8% 406.1%
20 First Foundation Bank CA 1,066   11,882   274   410  0.4% 0.6% 401.3%
21 Popular Bank NY 2,092   15,061   1,982   2,107  0.2% 0.3% 396.8%
22 Bell Bank ND 1,413   14,444   995   2,578  0.2% 0.4% 385.1%
23 Bank of Hope CA 2,367   18,526   2,976   4,439  0.8% 1.2% 384.6%
24 Simmons Bank AR 3,198   24,499   2,210   4,696  0.9% 0.5% 382.5%
25 Firstbank TN 1,975   16,265   2,054   2,900  0.3% 0.2% 377.7%
26 Zions Bancorporation, National Association UT 7,180   88,990   8,584   8,020  0.5% 0.9% 375.9%
27 Valley National Bank NJ 8,185   64,062   6,625   11,571  0.2% 1.9% 374.5%
28 Synovus Bank GA 5,825   61,204   3,874   10,406  0.4% 0.5% 374.1%
29 Trustmark Bank MS 2,215   18,923   1,434   1,871  0.4% 0.0% 368.1%
30 TowneBank VA 2,422   19,687   1,932   3,746  0.0% 0.1% 367.9%
31 Banc Of California CA 3,862   34,710   1,555   2,823  3.0% 6.8% 364.5%
32 WaFd Bank WA 3,055   27,269   1,025   3,035  0.1% 2.3% 364.3%
33 Farmers And Merchants Bank Of Long Beach CA 1,606   11,797   764   3,507  0.0% 0.0% 361.8%
34 Plainscapital Bank TX 1,506   12,750   1,423   1,762  0.8% 0.2% 354.5%
35 ARVEST BANK AR 2,304   27,787   1,460   3,066  1.3% 1.0% 351.0%
36 FIRST BANK NC 1,707   12,659   1,354   2,801  1.2% 0.2% 349.8%
37 CATHAY BANK CA 3,013   24,213   1,840   4,908  1.2% 0.4% 348.4%
38 Columbia Bank OR 8,142   66,821   6,826   7,705  0.3% 0.5% 348.3%
39 ENTERPRISE BANK & TRUST MO 2,007   17,269   2,400   2,571  1.5% 1.3% 343.2%
40 Stellar Bank TX 1,637   10,792   1,798   1,486  1.7% 0.2% 337.4%
41 Glacier Bank MT 4,200   31,956   3,951   4,859  0.3% 0.5% 325.8%
42 United Community Bank SC 3,391   27,929   3,782   3,854  0.4% 0.3% 323.3%
43 Atlantic Union Bank VA 5,716   37,498   4,306   7,179  0.5% 0.3% 318.7%
44 The Central Trust Bank MO 1,874   20,800   1,299   2,266  0.3% 0.6% 314.8%
45 Renasant Bank MS 4,049   26,748   3,230   4,853  1.2% 1.1% 311.7%
46 Pinnacle Bank TN 6,930   57,637   5,216   5,803  0.2% 0.2% 310.9%
47 Fulton Bank, N.A. PA 3,530   31,982   3,587   3,846  1.4% 0.9% 310.6%
48 Old National Bank IN 8,113   71,772   6,227   7,785  1.2% 0.9% 309.4%
49 Citizens Business Bank, National Association CA 2,271   15,635   2,170   3,404  0.0% 0.1% 309.3%
50 SouthState Bank, National Association FL 9,670   67,180   7,574   13,871  0.8% 0.2% 304.0%
51 Customers Bank PA 2,155   24,881   1,722   1,495  0.3% 0.2% 302.7%
52 Comerica Bank TX 7,238   80,052   6,471   5,266  1.7% 0.3% 301.9%
53 Rockland Trust Company MA 3,876   24,910   2,167   4,738  0.5% 1.1% 301.7%
54 BankUnited, N.A. FL 3,167   35,028   1,749   5,151  1.2% 1.4% 300.8%
55 United Bank VA 5,578   33,546   2,146   5,940  0.3% 1.3% 298.7%
56 Busey Bank IL 2,483   18,053   1,432   3,053  0.8% 0.0% 297.2%
57 Wilmington Savings Fund Society DE 2,678   21,218   1,835   3,380  0.9% 1.3% 294.0%
58 Ameris Bank GA 4,070   27,432   1,831   5,307  0.4% 0.0% 293.7%
59 Cadence Bank MS 6,244   53,529   4,884   5,264  0.8% 1.1% 287.4%
60 FIRST COMMONWEALTH BANK PA 1,510   12,311   808   1,921  2.2% 1.3% 286.0%
61 NBT Bank, N.A. NY 1,848   15,880   993   1,718  0.5% 0.4% 286.0%
62 East West Bank CA 8,151   79,662   3,419   12,661  0.4% 0.4% 285.0%
63 WESBANCO BANK , INC. WV 4,160   27,620   2,766   4,228  0.8% 1.1% 283.6%
64 Dollar Bank, A Federal Savings Bank PA 1,280   12,513   264   1,481  0.9% 3.7% 275.9%
65 First Horizon Bank TN 9,188   83,573   8,705   8,456  1.2% 2.7% 275.4%
66 First Interstate Bank MT 3,371   26,568   2,722   3,639  1.0% 1.1% 273.8%
67 Midfirst Bank OK 3,903   41,367   2,688   4,493  0.6% 1.7% 271.8%
68 Centennial Bank 0275 AR 3,997   22,717   1,569   3,689  0.4% 0.7% 268.1%
69 Bank of Hawaii HI 1,752   24,143   497   2,241  0.0% 0.1% 267.8%
70 Mechanics Bank CA 3,063   22,368   541   1,825  0.4% 0.7% 266.9%
71 BOKF, NA OK 5,496   52,005   3,602   3,899  0.8% 0.2% 265.6%
72 Eastern Bank MA 4,143   30,579   1,671   4,309  2.2% 1.7% 264.9%
73 Frost Bank 041 Tx 4,541   53,128   4,045   3,192  0.7% 1.5% 262.6%
74 Axos Bank CA 2,604   27,205   139   2,933  0.0% 0.5% 254.0%
75 Community Bank National Association NY 1,615   17,001   825   1,384  0.9% 0.0% 244.7%
76 Umb Bank, National Association MO 7,528   72,780   4,777   5,735  0.6% 0.9% 244.7%
77 Webster Bank, National Association CT 9,774   83,985   2,628   10,483  1.0% 1.8% 243.7%
78 Western Alliance Bank AZ 7,816   92,736   1,528   9,518  0.2% 2.4% 240.5%
79 Bancfirst OK 1,366   12,119   807   1,100  2.4% 0.2% 237.6%
80 Hancock Whitney Bank MS 4,341   35,458   3,270   3,171  0.7% 0.2% 237.2%
81 Seacoast National Bank FL 3,037   20,831   1,976   3,777  1.2% 0.6% 230.1%
82 First Hawaiian Bank HI 2,757   23,958   903   2,551  0.6% 0.0% 227.4%
83 Tristate Capital Bank PA 1,613   23,338   170   2,072  3.2% 2.0% 223.6%
84 Associated Bank, National Association WI 4,801   45,145   1,186   3,216  0.0% 0.4% 217.4%
85 First Financial Bank OH 2,737   20,986   1,079   2,246  1.0% 1.3% 217.3%
86 Texas Capital Bank TX 3,556   31,264   814   1,539  0.8% 1.1% 216.8%
87 EVERBANK, NATIONAL ASSOCIATION FL 4,101   46,034   216   3,030  6.3% 1.4% 214.7%
88 First National Bank of Omaha NE 3,749   34,574   1,595   1,959  0.2% 2.4% 206.8%
89 First Merchants Bank IN 2,469   19,011   1,237   1,591  0.9% 1.2% 203.8%
90 First Citizens Bank and Trust Company NC 23,371   229,332   16,583   12,209  1.5% 4.8% 198.1%
91 CIBC Bank USA IL 11,175   63,978   4,025   7,529  0.4% 1.2% 197.9%
92 Optum Bank UT 2,960   20,824   56   3,726  0.0% 0.0% 197.6%
93 First National Bank Of Pennsylvania PA 6,711   50,018   3,246   5,370  0.7% 0.1% 197.5%
94 First Financial Bank TX 1,741   15,382   1,121   734  2.5% 0.4% 194.5%
95 Firstbank Puerto Rico PR 1,898   19,112   884   2,245  1.1% 0.1% 190.0%
96 NORTHWEST BANK PA 1,962   16,772   677   1,625  3.7% 3.1% 183.3%
97 Commerce Bank MO 3,281   32,722   1,243   1,909  0.0% 0.8% 182.5%
98 Stifel Bank & Trust MO 1,335   19,413   19   401  0.0% 0.0% 172.7%
99 BANCO POPULAR DE PUERTO RICO PR 3,778   59,766   1,179   3,347  2.3% 1.2% 159.6%
100 Santander Bank, N.A. DE 14,171   104,148   986   2,638  2.1% 7.6% 150.1%
101 City National Bank CA 12,386   98,430   4,205   6,465  0.7% 1.2% 148.8%
102 Raymond James Bank FL 3,166   43,374   0   2,723  0.0% 2.4% 143.0%
103 Nexbank TX 1,208   13,937   11   372  0.0% 0.0% 137.9%
104 Manufacturers and Traders Trust Company NY 28,333   212,887   10,386   12,862  2.1% 4.0% 130.5%
105 Prosperity Bank TX 7,370   38,459   1,955   3,116  0.5% 0.2% 128.5%
106 Regions Bank AL 18,071   158,218   5,226   4,058  0.9% 3.0% 117.4%
107 The Huntington National Bank OH 24,293   224,047   7,509   9,852  0.8% 1.2% 116.0%
108 Citizens Bank, National Association RI 26,838   225,864   4,123   10,234  1.3% 5.8% 115.3%
109 KeyBank National Association OH 19,075   181,708   2,752   6,249  1.0% 0.3% 114.7%
110 ORIENTAL BANK PR 1,332   12,385   469   774  0.6% 0.0% 107.2%
111 U.S. Bank National Association OH 67,961   676,125   9,098   15,188  0.9% 2.9% 98.6%
112 TRUIST BANK NC 63,223   539,519   19,163   16,168  0.8% 0.7% 98.1%
113 Fifth Third Bank, National Association OH 24,648   213,730   5,906   4,680  0.5% 0.6% 93.0%
114 BMO Bank National Association IL 37,359   252,074   8,182   12,477  2.4% 1.5% 84.1%
115 Wells Fargo Bank, National Association SD 173,751   1,822,693   17,889   63,429  0.9% 5.5% 79.9%
116 PNC Bank, National Association DE 59,441   568,338   8,955   12,955  1.5% 4.3% 79.9%
117 Safra National Bank of New York NY 1,330   12,465   -     851  0.0% 0.0% 77.4%
118 Beal Bank USA NV 2,788   14,513   36   1,035  18.8% 1.5% 72.9%
119 Toyota Financial Savings Bank NV 1,469   15,432   -     969  0.0% 0.0% 70.5%
120 TD Bank, N.A. DE 49,728   346,188   6,877   12,722  1.7% 2.9% 70.0%
121 JPMorgan Chase Bank National Association OH 335,936   3,752,662   14,703   39,521  2.1% 2.7% 65.0%
122 The Northern Trust Company IL 11,412   176,396   1,128   3,238  2.8% 0.3% 59.7%
123 Ally Bank UT 15,277   184,648   4,433   2,774  0.2% 0.0% 54.4%
124 DEUTSCHE BANK TRUST COMPANY AMERICAS NY 9,808   43,031   -     2,021  0.0% 5.0% 45.2%
125 LENDINGCLUB BANK, NATIONAL ASSOCIATION UT 1,306   11,472   246   148  2.9% 0.0% 43.0%
126 MORGAN STANLEY PRIVATE BANK, N.A. NY 17,721   254,706   85   5,422  0.0% 3.7% 40.8%
127 Bank of America, NA NC 246,250   2,636,823   23,963   35,119  1.2% 4.6% 38.6%
128 MORGAN STANLEY BANK, N.A. UT 25,576   253,348   211   8,008  0.0% 6.3% 37.4%
129 Capital One-National Association VA 97,584   658,464   1,388   13,596  0.6% 3.3% 30.2%
130 Goldman Sachs Bank, USA NY 65,331   644,997   62   7,903  11.3% 8.5% 28.5%
131 BNY Mellon, National Association PA 3,496   31,329   34   670  0.0% 1.5% 25.4%
132 HSBC Bank USA N.A. VA 16,201   165,262   223   1,634  13.2% 14.7% 23.7%
133 Citibank, N.A. SD 176,530   1,836,436   915   8,971  0.2% 4.1% 22.1%
134 The Bank of New York Mellon NY 29,822   380,997   -     1,921  0.0% 5.5% 18.6%
135 UBS BANK USA UT 9,742   119,318   118   1,248  0.0% 0.0% 16.7%
136 Stifel Bank MO 813   11,735   -     3  0.0% 0.0% 11.5%
137 STATE STREET BANK AND TRUST COMPANY MA 28,919   360,681   -     1,484  0.0% 14.7% 8.8%
138 TD Bank USA, NA DE 3,864   34,632   32   4  0.0% 0.0% 4.3%
139 SoFi Bank UT 6,030   46,568   10   8  3.3% 4.9% 3.0%
140 BMW Bank of North America UT 1,739   12,815   -     -    0.0% 0.0% 2.7%
141 Sallie Mae Bank UT 2,890   29,734   -     -    0.0% 0.0% 0.9%
142 Third Federal Savings and Loan Assoc of Cleve OH 1,702   17,488   -     -    0.0% 0.0% 0.4%
143 Synchrony Bank UT 14,552   112,115   -     -    0.0% 0.0% 0.3%
144 American Express National Bank UT 19,011   211,275   -     -    0.0% 0.0% 0.2%
145 Barclays Bank Delaware DE 6,403   47,613   -     -    0.0% 0.0% 0.1%
146 Charles Schwab Bank, SSB TX 18,658   253,772   -     -    0.0% 0.0% 0.0%
147 USAA Federal Savings Bank AZ 5,260   107,989   -     -    0.0% 0.0% 0.0%
148 Charles Schwab Premier Bank, SSB TX 1,995   27,022   -     -    0.0% 0.0% 0.0%
149 Ameriprise Bank, FSB MN 1,581   25,314   -     -    0.0% 0.0% 0.0%
150 Bank of America California, National Association CA 1,886   15,505   -     -    0.0% 0.0% 0.0%
151 Comenity Capital Bank UT 1,770   13,627   -     -    0.0% 0.0% 0.0%
152 Charles Schwab Trust Bank TX 766   10,435   -     -    0.0% 0.0% 0.0%

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