BankingLENS

State benchmarks · Q2 2026

Bank benchmarks by state

How many banks are headquartered in each state, what they hold, and how their medians compare with the rest of the country. FFIEC call reports for the quarter ending June 30, 2026.

Short version: the banks headquartered across the fifty states and the District of Columbia held $26.36 trillion in total assets as of June 30, 2026. Texas has the most charters at 349, followed by Illinois at 325 and Iowa at 226. Washington, D.C. has the fewest, at 4.

Every state, Q2 2026

Medians are across every bank headquartered in the state, at every asset size, with non-insured non-deposit trust companies left out. Total assets are counted at the charter's head office, so a state that hosts a large national charter carries that charter's entire balance sheet - which is why the asset column and the bank-count column tell very different stories about the same place.

State Banks Total assets Median ROA Median NIM Median cost of funds Median efficiency
Alabama 93 $230.0B 1.12% 3.82% 2.32% 64.96
Alaska 5 $10.6B n/a n/a n/a n/a
Arizona 12 $208.3B 0.58% 3.78% 2.85% 78.86
Arkansas 78 $184.5B 1.23% 4.06% 2.63% 57.99
California 116 $560.2B 1.09% 3.75% 2.81% 59.81
Colorado 63 $56.6B 1.08% 4.00% 2.43% 67.83
Connecticut 28 $129.6B 0.82% 3.36% 2.23% 74.18
Delaware 16 $1.17T 2.09% 3.69% 2.03% 52.86
Florida 82 $346.5B 1.03% 3.71% 2.86% 63.00
Georgia 124 $104.6B 1.56% 4.49% 2.33% 59.37
Hawaii 6 $65.6B n/a n/a n/a n/a
Idaho 10 $12.0B 1.31% 4.18% 2.04% 53.93
Illinois 325 $774.2B 1.15% 3.67% 2.07% 63.04
Indiana 88 $222.6B 1.08% 3.63% 2.31% 64.30
Iowa 226 $128.0B 1.36% 3.60% 2.36% 56.49
Kansas 184 $95.0B 1.42% 3.92% 2.16% 59.04
Kentucky 120 $84.9B 1.27% 3.95% 2.44% 60.90
Louisiana 104 $82.7B 1.25% 4.24% 2.37% 64.77
Maine 22 $49.0B 0.93% 3.48% 2.43% 69.28
Maryland 27 $49.1B 0.96% 3.73% 2.42% 62.67
Massachusetts 91 $637.2B 0.62% 2.98% 2.49% 74.74
Michigan 72 $72.5B 1.17% 4.05% 2.06% 64.37
Minnesota 223 $116.0B 1.31% 3.95% 2.23% 61.15
Mississippi 57 $130.2B 1.14% 3.92% 2.42% 64.22
Missouri 195 $302.8B 1.40% 4.06% 2.42% 58.81
Montana 35 $78.1B 1.41% 4.12% 2.25% 56.36
Nebraska 139 $110.6B 1.33% 3.76% 2.49% 59.14
Nevada 14 $44.1B 1.31% 3.94% 2.55% 59.56
New Hampshire 16 $16.7B 0.53% 3.30% 2.27% 77.41
New Jersey 50 $219.0B 0.68% 3.20% 2.70% 71.91
New Mexico 29 $16.4B 1.95% 4.27% 1.63% 52.59
New York 107 $2.05T 0.96% 3.53% 2.37% 66.60
North Carolina 38 $3.50T 1.08% 3.49% 2.39% 64.94
North Dakota 60 $65.6B 1.37% 3.83% 2.27% 60.34
Ohio 157 $5.72T 1.02% 3.66% 2.13% 68.00
Oklahoma 170 $212.5B 1.41% 4.15% 2.51% 61.16
Oregon 13 $73.7B 1.12% 3.90% 1.72% 66.15
Pennsylvania 110 $342.5B 0.99% 3.42% 2.36% 64.09
Rhode Island 5 $245.8B n/a n/a n/a n/a
South Carolina 44 $65.7B 1.09% 3.65% 2.02% 63.53
South Dakota 56 $3.94T 1.40% 3.80% 2.33% 57.14
Tennessee 109 $317.7B 1.15% 3.93% 2.64% 63.66
Texas 349 $804.4B 1.42% 4.07% 2.36% 60.79
Utah 43 $1.37T 1.82% 5.49% 3.48% 56.77
Vermont 12 $8.9B 0.83% 3.41% 2.01% 73.83
Virginia 56 $1.00T 1.23% 3.77% 2.38% 60.66
Washington 29 $92.4B 0.97% 3.71% 2.28% 69.84
Washington, D.C. 4 $3.5B n/a n/a n/a n/a
West Virginia 40 $51.7B 1.09% 3.92% 2.16% 64.80
Wisconsin 154 $182.6B 1.27% 3.78% 2.30% 61.38
Wyoming 24 $10.8B 1.29% 4.08% 1.99% 63.26
All US banks 1.23% 3.83% 2.34% 61.81

Source: FFIEC call reports for the quarter ending June 30, 2026. The national row is computed across every filing bank and matches the figures the BankingLens benchmark articles publish for the same quarter. Alaska, Hawaii, Rhode Island and Washington, D.C. have fewer than 8 banks headquartered there, which is below the floor this site uses for a median, so their medians are withheld and every bank is listed on the page instead.

Why a state median is not a peer group

A state is a market: the banks in it compete for the same deposits, lend into the same economy and price against each other. That makes a state median the right answer to "what does normal look like around here", and the wrong answer to "is my bank good". A $250M community bank and a $40B regional headquartered in the same state are not running the same business, and the median between them describes neither.

The comparison that answers the second question is the FFIEC peer group - banks of similar size and charter, which is what an examiner uses. These pages give you the market. Bank Peer Intel gives you the comparison.

See where any one bank sits, not just the state around it.

Percentile rank on every metric inside the peer group the bank is actually measured in, fourteen quarters of trend, and the flags an examiner reaches for first. Updated with every FFIEC release.

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