BankingLENS

Banking glossary

What is the tier 1 leverage ratio?

Figures from FFIEC call reports for the quarter ending June 30, 2026. Published September 20, 2026.

Tier 1 leverage ratio: The tier 1 leverage ratio is a bank’s core capital measured against its assets with no risk weighting applied at all.

How it is calculated

Tier 1 capital over average total assets for leverage capital purposes, as reported on Schedule RC-R. Banks electing the community bank leverage ratio report the same ratio under that framework.

Formula

Tier 1 leverage ratio = tier 1 capital / average total assets

What banks reported in Q2 2026

Across every bank that filed for Q2 2026, the median tier 1 leverage ratio was 10.96%, with the middle half between 9.70% and 13.00%. The right comparison is almost always the row for the bank’s own size rather than the industry line.

Bank size (total assets) Bottom quartile Median Top quartile
Under $100M 10.58% 12.76% 15.96%
$100M - $300M 9.86% 11.30% 13.63%
$300M - $1B 9.61% 10.81% 12.58%
$1B - $3B 9.61% 10.54% 11.97%
$3B - $10B 9.63% 10.45% 11.66%
$10B - $100B 9.43% 10.25% 11.08%
Over $100B 7.98% 9.44% 10.05%

Source: BankingLens, computed from FFIEC call reports for the quarter ending June 30, 2026. Quartiles are calculated across the full population of filing banks in each size band, not sampled. Non-insured non-deposit trust companies are left out of every statistic: they take no deposits and make no loans, so a margin or a funding cost computed for them has no meaning.

How to read it

Well capitalized is 5%. The community bank leverage ratio framework, which roughly 44% of banks use in place of the risk based ratios, sets its threshold at 9%, and most banks run between there and the low teens. The bluntness is the point: unlike the risk based ratios it cannot be improved by shifting the balance sheet into assets a model likes, which is why regulators keep it as a floor.

The common mistake. Reading a comfortable ratio as a strong balance sheet. It excludes most accumulated other comprehensive income, so a bank carrying large unrealized securities losses can look fine here and markedly thinner on equity to assets.

Go deeper

See also. Tier 1 capital, Community bank leverage ratio, Equity to assets, Risk-weighted assets, Well capitalized.

Every figure on this page is computed from FFIEC call reports for the quarter ending June 30, 2026 and is not modeled, estimated or sampled. This page is generated by _tools/seo/build_glossary.mjs and carries no figure that was typed in. See our methodology and disclaimer. Definitions are general guidance, not regulatory or investment advice.

Knowing the definition is the easy half.

The hard half is whether a given bank’s number is good for the peer group it is actually measured in. That is what the scorecard does, for every bank that files a call report, updated with every FFIEC release.

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