Banesco USA
Banesco USA reported total assets of $6.0 bn at Q2 2026, up 14.7% on a year earlier, the 248th largest of 497 banks in our US coverage. Banesco USA uses the community bank leverage ratio framework, with a leverage ratio of 11.46%, and the uninsured share of Banesco USA was 62.37%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Banesco USA climbed from 334th to 194th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Banesco USA has one of the highest uninsured share of domestic deposits readings among banks of $1 bn to $10 bn: 62.37% at , against a median of 32.61% across 339 banks (FDIC Call Reports).
- Since , Banesco USA has taken over one institution; the latest was Brickell Bank on (FDIC Call Reports).
What sets Banesco USA apart
How large is Banesco USA?
The balance sheet of Banesco USA at : assets $6.0 bn, deposits $5.2 bn, net loans $3.9 bn (loans equal to 75.95% of deposits). Securities make up 19.3% of total assets at Banesco USA. Since , when Banesco USA held $954.8 mn, its assets grew 526.4%. In the year to , deposits at Banesco USA rose 20.5% while its total assets rose 14.7%. At , Banesco USA employed 500 full-time equivalent staff across 6 offices, about $12.0 mn of assets per employee and $861.4 mn of deposits per office.
How much funding at Banesco USA is uninsured?
At Banesco USA, uninsured deposits (above the FDIC limit) made up 62.37% of domestic deposits at (-0.24 pp on a year earlier); Banesco USA ranks 24th of 500 on this measure. In dollars, Banesco USA estimated $2.7 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.2 bn | +20.5% | 242nd of 499 |
| Net loans and leases | $3.9 bn | +8.5% | 262nd of 500 |
| Loan-to-deposit ratio | 75.95% | -8.39 pp | 379th of 500 |
| Net interest margin | 3.52% | +0.25 pp | 293rd of 500 |
| Return on assets (ROA) | 1.47% | +0.29 pp | 164th of 500 |
| Efficiency ratio | 53.87% | -2.78 pp | 207th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $7.1 mn | Narrowed by $2.6 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $23.8 mn | Narrowed by $1.2 mn | |
| Noncurrent loans to total loans | 0.49% | -0.24 pp | 194th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.10% | +0.10 pp | 271st of 500 (1 = lowest) |
US rank of Banesco USA: 1 = highest unless marked 1 = lowest.
Balance sheet
Banesco USA: assets, deposits and loans
- Total assets $6.0bn
- Deposits $5.2bn
- Net loans $3.9bn
Capital and securities
Banesco USA uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 11.46% in . Equity capital of Banesco USA at : $626.4 mn, or 10.5% of total assets.
On held-to-maturity securities, Banesco USA carried an unrealized loss of $7.1 mn at , equal to 1.1% of equity capital. The loss narrowed by $2.6 mn over the year. Its deepest point: $16.3 mn in . The available-for-sale portfolio of Banesco USA showed an unrealized loss of $23.8 mn at ; the loss narrowed by $1.2 mn over the year.
Banesco USA: capital ratios
- Total capital 20%
- CET1 8.5%
- Tier 1 leverage 11%
Banesco USA: unrealized securities gains and losses
- Available for sale -$24mn
- Held to maturity -$7mn
Profitability and loan quality
For the year to , Banesco USA earned a return on equity of 13.92%; return on assets: 1.47%. Net interest margin at Banesco USA: 3.52%, +0.25 pp in a year. Banesco USA net income: $42.1 mn, up 49.2% year on year. The efficiency ratio of Banesco USA was 53.87%: about 54 cents cost per revenue dollar, against 55 cents at the median peer.
At , noncurrent loans were 0.49% of total loans at Banesco USA; net charge-offs: 0.10% of average loans. Gross loans and leases at Banesco USA: $4.0 bn, up 8.4% in a year.
Banesco USA: profitability
- Return on equity 14%
- Net interest margin 3.5%
- Return on assets 1.5%
Peer group of Banesco USA
The peer group of Banesco USA is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 4 share the charter type of Banesco USA (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in Florida. Against them, Banesco USA shows return on equity 13.92% against a peer median of 12.96% and uninsured deposit share 62.37% against a peer median of 41.72%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| SmartBank | State member bank | TN | $6.1 bn | 11.38% | 10.34% | 47.93% | |
| Bradesco Bank | State nonmember bank | FL | $6.1 bn | 13.93% | 9.99% | 63.89% | |
| River City Bank | State nonmember bank | CA | $6.0 bn | 13.18% | 13.41% | 37.15% | |
| Banesco USA | State nonmember bank | FL | $6.0 bn | not reported | 13.92% | 62.37% | |
| Wilson Bank and Trust | State nonmember bank | TN | $6.0 bn | 14.35% | 14.98% | 25.36% | |
| Fremont Bank | State nonmember bank | CA | $6.0 bn | 10.69% | 14.72% | 46.30% | |
| Bank First | National bank | WI | $5.9 bn | 10.93% | 12.52% | 32.74% | |
. FDIC Call Reports.
Last eight quarters
Two years at Banesco USA, to : assets +41.1%, deposits +51.6%, equity +24.4%. Staff 356 to 500.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.2 bn | $4.4 bn | $4.7 bn | $5.2 bn | $5.4 bn | $5.5 bn | $5.8 bn | $6.0 bn |
| Total deposits | $3.4 bn | $3.6 bn | $3.8 bn | $4.3 bn | $4.6 bn | $4.6 bn | $4.8 bn | $5.2 bn |
| Bank equity capital | $503.7 mn | $520.8 mn | $537.6 mn | $553.5 mn | $571.7 mn | $587.7 mn | $600.9 mn | $626.4 mn |
| Return on equity (ROE) | 9.50% | 8.95% | 9.94% | 10.51% | 10.34% | 10.31% | 12.17% | 13.92% |
| Uninsured share of domestic deposits | 52.66% | 47.56% | 50.17% | 62.62% | 58.07% | 56.38% | 61.62% | 62.37% |
| Full-time equivalent employees | 356 | 358 | 361 | 394 | 397 | 457 | 465 | 500 |
| Number of offices | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Banesco USA, oldest first; figures before and after each event are not like for like.
- . Absorbed Brickell Bank (FDIC certificate 21220).
Large one-quarter moves at Banesco USA
- Total assets at Banesco USA changed by +33.1% in the quarter to 2019-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Brickell Bank.
Questions and identifiers
What were the total assets of Banesco USA?
Banesco USA reported $6.0 bn at in its Call Report. That makes Banesco USA the 248th largest of 497 banks in our US coverage.
Is Banesco USA profitable?
Banesco USA reported net income of $42.1 mn for the year to ; annualized return on equity: 13.92%. So yes: Banesco USA made a profit over these months.
When is data for Banesco USA next updated?
Figures from Banesco USA for are due after .
Where can I check the figures for Banesco USA?
In the FDIC BankFind Suite record for certificate 57815, and in the Call Reports of Banesco USA (RSSD ID 3402913) at the FFIEC Central Data Repository.