Burke & Herbert Bank & Trust Company
Burke & Herbert Bank & Trust Company reported total assets of $11.0 bn at Q2 2026, up 36.7% on a year earlier. The CET1 capital ratio at Burke & Herbert Bank & Trust Company was 13.32%, and the uninsured share of Burke & Herbert Bank & Trust Company was 35.09%. Source: FDIC Call Reports.
Key takeaways
- On return on equity (ROE), Burke & Herbert Bank & Trust Company slipped from 104th to 385th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Since , Burke & Herbert Bank & Trust Company has taken over 2 institutions; the latest was LINKBANK on (FDIC Call Reports).
- Over the year to , the bank equity capital of Burke & Herbert Bank & Trust Company rose by 51.0% to $1.3 bn, a bigger rise than at 97% of covered banks (FDIC Call Reports).
What sets Burke & Herbert Bank & Trust Company apart
- Over the year to , the total deposits of Burke & Herbert Bank & Trust Company rose by 40.7% to $9.0 bn, a bigger rise than at 96% of covered banks.
- Over the year to , the net loans and leases of Burke & Herbert Bank & Trust Company rose by 43.1% to $7.9 bn, a bigger rise than at 95% of covered banks.
- Over the year to , the total assets of Burke & Herbert Bank & Trust Company rose by 36.7% to $11.0 bn, a bigger rise than at 95% of covered banks.
How large is Burke & Herbert Bank & Trust Company?
The balance sheet of Burke & Herbert Bank & Trust Company at : assets $11.0 bn, deposits $9.0 bn, net loans $7.9 bn (loans equal to 87.89% of deposits). Securities make up 17.9% of total assets at Burke & Herbert Bank & Trust Company. Since , when Burke & Herbert Bank & Trust Company held $2.7 bn, its assets grew 305.9%. In the year to , deposits at Burke & Herbert Bank & Trust Company rose 40.7% while its total assets rose 36.7%. At , Burke & Herbert Bank & Trust Company employed 1,051 full-time equivalent staff across 106 offices, about $10.5 mn of assets per employee and $84.9 mn of deposits per office.
How much funding at Burke & Herbert Bank & Trust Company is uninsured?
At Burke & Herbert Bank & Trust Company, uninsured deposits (above the FDIC limit) made up 35.09% of domestic deposits at (+4.40 pp on a year earlier); Burke & Herbert Bank & Trust Company ranks 249th of 500 on this measure. In dollars, Burke & Herbert Bank & Trust Company estimated $3.2 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $9.0 bn | +40.7% | 149th of 499 |
| Net loans and leases | $7.9 bn | +43.1% | 144th of 500 |
| Loan-to-deposit ratio | 87.89% | +1.52 pp | 237th of 500 |
| Tier 1 leverage ratio | 12.26% | +0.75 pp | 87th of 500 |
| Total risk-based capital ratio | 14.31% | -0.78 pp | 223rd of 448 |
| Net interest margin | 4.20% | -0.05 pp | 102nd of 500 |
| Return on assets (ROA) | 1.06% | -0.57 pp | 358th of 500 |
| Efficiency ratio | 64.26% | +14.88 pp | 387th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $74.2 mn | Narrowed by $34.3 mn | |
| Noncurrent loans to total loans | 1.19% | -0.34 pp | 394th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.04% | -0.05 pp | 177th of 500 (1 = lowest) |
US rank of Burke & Herbert Bank & Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
Burke & Herbert Bank & Trust Company: assets, deposits and loans
- Total assets $11.0bn
- Deposits $9.0bn
- Net loans $7.9bn
Capital and securities
The CET1 ratio of Burke & Herbert Bank & Trust Company stood at 13.32% in , -0.66 pp year on year. Low and high at Burke & Herbert Bank & Trust Company since : 12.40% () to 18.23% (). Equity capital of Burke & Herbert Bank & Trust Company at : $1.3 bn, or 12.1% of total assets. Burke & Herbert Bank & Trust Company also reported a total capital ratio of 14.31% for , and a tier 1 leverage ratio of 12.26%.
The available-for-sale portfolio of Burke & Herbert Bank & Trust Company showed an unrealized loss of $74.2 mn at ; the loss narrowed by $34.3 mn over the year.
Burke & Herbert Bank & Trust Company: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 12%
Burke & Herbert Bank & Trust Company: unrealized securities gains and losses
- Available for sale -$74mn
- Held to maturity $0
Profitability and loan quality
For the year to , Burke & Herbert Bank & Trust Company earned a return on equity of 8.92%; return on assets: 1.06%. Net interest margin at Burke & Herbert Bank & Trust Company: 4.20%, -0.05 pp in a year. Burke & Herbert Bank & Trust Company net income: $47.4 mn, down 26.5% year on year. The efficiency ratio of Burke & Herbert Bank & Trust Company was 64.26%: about 64 cents cost per revenue dollar, against 55 cents at the median peer.
At , noncurrent loans were 1.19% of total loans at Burke & Herbert Bank & Trust Company; net charge-offs: 0.04% of average loans. Gross loans and leases at Burke & Herbert Bank & Trust Company: $8.0 bn, up 43.1% in a year.
Burke & Herbert Bank & Trust Company: profitability
- Return on equity 8.9%
- Net interest margin 4.2%
- Return on assets 1.1%
Peer group of Burke & Herbert Bank & Trust Company
The peer group of Burke & Herbert Bank & Trust Company is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Burke & Herbert Bank & Trust Company (state member bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Virginia. Against them, Burke & Herbert Bank & Trust Company shows CET1 ratio 13.32% against a peer median of 15.73%, return on equity 8.92% against a peer median of 22.04% and uninsured deposit share 35.09% against a peer median of 49.29%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Oriental Bank | State nonmember bank | PR | $12.0 bn | 13.22% | 16.60% | 52.02% | |
| Farmers and Merchants Bank of Long Beach | State member bank | CA | $11.8 bn | 18.25% | 7.10% | 54.45% | |
| Beal Bank USA | State nonmember bank | NV | $11.0 bn | 51.76% | 37.98% | 46.56% | |
| Burke & Herbert Bank & Trust Company | State member bank | VA | $11.0 bn | 13.32% | 8.92% | 35.09% | |
| WEX Bank | State nonmember bank | UT | $10.7 bn | 12.70% | 51.92% | 13.80% | |
| Washington Trust Bank | State nonmember bank | WA | $10.5 bn | 11.91% | 12.78% | 57.30% | |
| Charles Schwab Trust Bank | State member bank | TX | $10.5 bn | 79.60% | 27.48% | 5.38% | |
. FDIC Call Reports.
Last eight quarters
Two years at Burke & Herbert Bank & Trust Company, to : assets +39.8%, deposits +36.0%, equity +59.6%. Staff 857 to 1,051; offices 80 to 106.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $7.9 bn | $7.8 bn | $7.8 bn | $8.0 bn | $7.9 bn | $7.9 bn | $7.9 bn | $11.0 bn |
| Total deposits | $6.6 bn | $6.5 bn | $6.5 bn | $6.4 bn | $6.4 bn | $6.4 bn | $6.3 bn | $9.0 bn |
| Bank equity capital | $832.9 mn | $831.1 mn | $858.8 mn | $880.4 mn | $891.0 mn | $923.5 mn | $935.2 mn | $1.3 bn |
| CET1 ratio | 13.08% | 13.29% | 13.52% | 13.98% | 14.08% | 14.77% | 15.15% | 13.32% |
| Return on equity (ROE) | 7.09% | 8.78% | 14.68% | 15.06% | 15.26% | 15.17% | 13.65% | 8.92% |
| Uninsured share of domestic deposits | 30.23% | 29.54% | 29.67% | 30.70% | 31.51% | 32.10% | 32.50% | 35.09% |
| Full-time equivalent employees | 857 | 815 | 814 | 819 | 829 | 832 | 830 | 1,051 |
| Number of offices | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 106 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Burke & Herbert Bank & Trust Company, oldest first; figures before and after each event are not like for like.
- . Absorbed Summit Community Bank, Inc (FDIC certificate 34102).
- . Absorbed LINKBANK (FDIC certificate 14863).
Large one-quarter moves at Burke & Herbert Bank & Trust Company
- Total assets at Burke & Herbert Bank & Trust Company changed by +111.2% in the quarter to 2024-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Summit Community Bank, Inc.
- Total assets at Burke & Herbert Bank & Trust Company changed by +38.8% in the quarter to 2026-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from LINKBANK.
Questions and identifiers
What were the total assets of Burke & Herbert Bank & Trust Company?
Burke & Herbert Bank & Trust Company reported $11.0 bn at in its Call Report. That makes Burke & Herbert Bank & Trust Company the 148th largest of 497 banks in our US coverage.
Is Burke & Herbert Bank & Trust Company the same as its holding company?
No. This page covers Burke & Herbert Bank & Trust Company, FDIC certificate 11578; BURKE&HERBERT FINL SERVICES (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Burke & Herbert Bank & Trust Company profitable?
Burke & Herbert Bank & Trust Company reported net income of $47.4 mn for the year to ; annualized return on equity: 8.92%. So yes: Burke & Herbert Bank & Trust Company made a profit over these months.
When is data for Burke & Herbert Bank & Trust Company next updated?
Figures from Burke & Herbert Bank & Trust Company for are due after .
Where can I check the figures for Burke & Herbert Bank & Trust Company?
In the FDIC BankFind Suite record for certificate 11578, and in the Call Reports of Burke & Herbert Bank & Trust Company (RSSD ID 933621) at the FFIEC Central Data Repository.