Amalgamated Bank
Amalgamated Bank reported total assets of $9.4 bn at Q2 2026, up 9.1% on a year earlier, the 168th largest of 497 banks in our US coverage. The CET1 capital ratio at Amalgamated Bank was 14.78%, and the uninsured share of Amalgamated Bank was 57.05%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Amalgamated Bank slipped from 338th to 456th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Amalgamated Bank reports one of the lowest loan-to-deposit ratio readings among banks of $1 bn to $10 bn: 59.88% at , where the median of the 339 banks is 88.61% (FDIC Call Reports).
- At 57.05%, the uninsured share of domestic deposits of Amalgamated Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 32.61% (FDIC Call Reports).
What sets Amalgamated Bank apart
- Few banks of $1 bn to $10 bn report a higher noncurrent loans to total loans than Amalgamated Bank, at 1.99% in against a group median of 0.58%.
- Since , Amalgamated Bank has taken over one institution; the latest was New Resource Bank on .
How large is Amalgamated Bank?
The balance sheet of Amalgamated Bank at : assets $9.4 bn, deposits $8.5 bn, net loans $5.1 bn (loans equal to 59.88% of deposits). Securities make up 40.5% of total assets at Amalgamated Bank. Since , when Amalgamated Bank held $3.9 bn, its assets grew 138.8%. In the year to , deposits at Amalgamated Bank rose 9.3% while its total assets rose 9.1%. At , Amalgamated Bank employed 463 full-time equivalent staff across 6 offices, about $20.3 mn of assets per employee and $1.4 bn of deposits per office.
How much funding at Amalgamated Bank is uninsured?
At Amalgamated Bank, uninsured deposits (above the FDIC limit) made up 57.05% of domestic deposits at (+6.75 pp on a year earlier); Amalgamated Bank ranks 40th of 500 on this measure. In dollars, Amalgamated Bank estimated $4.8 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $8.5 bn | +9.3% | 158th of 499 |
| Net loans and leases | $5.1 bn | +9.1% | 208th of 500 |
| Loan-to-deposit ratio | 59.88% | -0.15 pp | 457th of 500 |
| Tier 1 leverage ratio | 9.60% | -0.12 pp | 360th of 500 |
| Total risk-based capital ratio | 15.96% | -0.03 pp | 123rd of 448 |
| Net interest margin | 3.78% | +0.20 pp | 209th of 500 |
| Return on assets (ROA) | 1.34% | +0.09 pp | 227th of 500 |
| Efficiency ratio | 47.54% | -2.84 pp | 109th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $135.2 mn | Widened by $5.7 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $43.1 mn | Narrowed by $3.7 mn | |
| Noncurrent loans to total loans | 1.99% | +1.25 pp | 456th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.25% | 0.00 pp | 374th of 500 (1 = lowest) |
US rank of Amalgamated Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Amalgamated Bank: assets, deposits and loans
- Total assets $9.4bn
- Deposits $8.5bn
- Net loans $5.1bn
Capital and securities
The CET1 ratio of Amalgamated Bank stood at 14.78% in , -0.06 pp year on year. Low and high at Amalgamated Bank since : 11.20% () to 14.84% (). Equity capital of Amalgamated Bank at : $869.6 mn, or 9.2% of total assets. Amalgamated Bank also reported a total capital ratio of 15.96% for , and a tier 1 leverage ratio of 9.60%.
On held-to-maturity securities, Amalgamated Bank carried an unrealized loss of $135.2 mn at , equal to 15.5% of equity capital. The loss widened by $5.7 mn over the year. Its deepest point: $204.8 mn in . The available-for-sale portfolio of Amalgamated Bank showed an unrealized loss of $43.1 mn at ; the loss narrowed by $3.7 mn over the year.
Amalgamated Bank: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 9.6%
Amalgamated Bank: unrealized securities gains and losses
- Available for sale -$43mn
- Held to maturity -$135mn
Profitability and loan quality
For the year to , Amalgamated Bank earned a return on equity of 14.63%; return on assets: 1.34%. Net interest margin at Amalgamated Bank: 3.78%, +0.20 pp in a year. Amalgamated Bank net income: $61.4 mn, up 16.9% year on year. The efficiency ratio of Amalgamated Bank was 47.54%: about 48 cents cost per revenue dollar, against 46 cents at the median peer.
At , noncurrent loans were 1.99% of total loans at Amalgamated Bank; net charge-offs: 0.25% of average loans. Gross loans and leases at Amalgamated Bank: $5.1 bn, up 9.2% in a year.
Amalgamated Bank: profitability
- Return on equity 15%
- Net interest margin 3.8%
- Return on assets 1.3%
Peer group of Amalgamated Bank
The peer group of Amalgamated Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of Amalgamated Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in New York. Against them, Amalgamated Bank shows CET1 ratio 14.78% against a peer median of 12.98%, return on equity 14.63% against a peer median of 15.96% and uninsured deposit share 57.05% against a peer median of 36.18%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| RBC Bank, (Georgia) | National bank | GA | $9.6 bn | 48.11% | 23.77% | 5.51% | |
| Wintrust Bank | National bank | IL | $9.6 bn | 12.25% | 17.21% | 45.94% | |
| Peoples Bank | State member bank | OH | $9.5 bn | 12.30% | 10.48% | 26.43% | |
| Amalgamated Bank | State nonmember bank | NY | $9.4 bn | 14.78% | 14.63% | 57.05% | |
| Liberty Bank | State-chartered stock savings bank | CT | $9.4 bn | 13.66% | 9.92% | 25.51% | |
| 1st Source Bank | State member bank | IN | $9.3 bn | 14.84% | 14.72% | 53.84% | |
| Lake Forest Bank & Trust Company | National bank | IL | $9.3 bn | 11.16% | 21.10% | 49.90% | |
. FDIC Call Reports.
Last eight quarters
Two years at Amalgamated Bank, to : assets +11.7%, deposits +11.4%, equity +16.4%. Staff 417 to 463.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $8.4 bn | $8.3 bn | $8.3 bn | $8.6 bn | $8.7 bn | $8.9 bn | $9.2 bn | $9.4 bn |
| Total deposits | $7.6 bn | $7.2 bn | $7.5 bn | $7.8 bn | $7.8 bn | $8.0 bn | $8.2 bn | $8.5 bn |
| Bank equity capital | $747.1 mn | $721.9 mn | $760.4 mn | $793.2 mn | $780.4 mn | $812.7 mn | $836.2 mn | $869.6 mn |
| CET1 ratio | 14.75% | 14.16% | 14.73% | 14.84% | 14.30% | 14.58% | 14.70% | 14.78% |
| Return on equity (ROE) | 16.39% | 15.80% | 13.90% | 13.85% | 13.98% | 13.87% | 12.58% | 14.63% |
| Uninsured share of domestic deposits | 59.28% | 51.26% | 51.84% | 50.30% | 52.02% | 57.71% | 57.93% | 57.05% |
| Full-time equivalent employees | 417 | 433 | 433 | 435 | 439 | 443 | 427 | 463 |
| Number of offices | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Amalgamated Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed New Resource Bank (FDIC certificate 58329).
Questions and identifiers
What were the total assets of Amalgamated Bank?
Amalgamated Bank reported $9.4 bn at in its Call Report. That makes Amalgamated Bank the 168th largest of 497 banks in our US coverage.
Is Amalgamated Bank the same as its holding company?
No. This page covers Amalgamated Bank, FDIC certificate 622; WORKERS UNITED (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Amalgamated Bank profitable?
Amalgamated Bank reported net income of $61.4 mn for the year to ; annualized return on equity: 14.63%. So yes: Amalgamated Bank made a profit over these months.
When is data for Amalgamated Bank next updated?
Figures from Amalgamated Bank for are due after .
Where can I check the figures for Amalgamated Bank?
In the FDIC BankFind Suite record for certificate 622, and in the Call Reports of Amalgamated Bank (RSSD ID 661308) at the FFIEC Central Data Repository.