Celtic Bank
Celtic Bank reported total assets of $5.3 bn at Q2 2026, up 25.1% on a year earlier, the 275th largest of 497 banks in our US coverage. Celtic Bank uses the community bank leverage ratio framework, with a leverage ratio of 18.04%, and the uninsured share of Celtic Bank was 9.11%. Source: FDIC Call Reports.
Key takeaways
- Celtic Bank has one of the highest return on assets (ROA) readings among banks of $1 bn to $10 bn: 3.41% at , against a median of 1.32% across 339 banks (FDIC Call Reports).
- On total deposits, Celtic Bank climbed from 370th to 292nd among 499 US banks between and (1 = highest; FDIC Call Reports).
- At 18.04%, the tier 1 leverage ratio of Celtic Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 10.45% (FDIC Call Reports).
What sets Celtic Bank apart
- Few banks of $1 bn to $10 bn report a higher noncurrent loans to total loans than Celtic Bank, at 3.63% in against a group median of 0.58%.
- Celtic Bank has one of the highest loan-to-deposit ratio readings among banks of $1 bn to $10 bn: 115.37% at , against a median of 88.61% across 339 banks.
- At 6.05%, the net interest margin of Celtic Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 3.66%.
How large is Celtic Bank?
The balance sheet of Celtic Bank at : assets $5.3 bn, deposits $3.9 bn, net loans $4.5 bn (loans equal to 115.37% of deposits). Securities make up 7.3% of total assets at Celtic Bank. Since , when Celtic Bank held $473.2 mn, its assets grew 1,027.3%. In the year to , deposits at Celtic Bank rose 37.0% while its total assets rose 25.1%. At , Celtic Bank employed 382 full-time equivalent staff across 1 office, about $14.0 mn of assets per employee and $3.9 bn of deposits per office.
How much funding at Celtic Bank is uninsured?
At Celtic Bank, uninsured deposits (above the FDIC limit) made up 9.11% of domestic deposits at (-0.39 pp on a year earlier); Celtic Bank ranks 471st of 500 on this measure. In dollars, Celtic Bank estimated $355.4 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.9 bn | +37.0% | 292nd of 499 |
| Net loans and leases | $4.5 bn | +37.7% | 231st of 500 |
| Loan-to-deposit ratio | 115.37% | +0.60 pp | 16th of 500 |
| Net interest margin | 6.05% | -0.48 pp | 24th of 500 |
| Return on assets (ROA) | 3.41% | -0.63 pp | 10th of 500 |
| Efficiency ratio | 33.21% | -0.72 pp | 31st of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $16.7 mn | Widened by $8.5 mn | |
| Noncurrent loans to total loans | 3.63% | +0.90 pp | 488th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.49% | -0.08 pp | 440th of 500 (1 = lowest) |
US rank of Celtic Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Celtic Bank: assets, deposits and loans
- Total assets $5.3bn
- Deposits $3.9bn
- Net loans $4.5bn
Capital and securities
Celtic Bank uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 18.04% in . Equity capital of Celtic Bank at : $928.3 mn, or 17.4% of total assets.
On held-to-maturity securities, Celtic Bank carried an unrealized loss of $16.7 mn at , equal to 1.8% of equity capital. The loss widened by $8.5 mn over the year. Its deepest point: $22.5 mn in .
Celtic Bank: capital ratios
- Total capital 22%
- CET1 21%
- Tier 1 leverage 18%
Celtic Bank: unrealized securities gains and losses
- Available for sale $0
- Held to maturity -$17mn
Profitability and loan quality
For the year to , Celtic Bank earned a return on equity of 19.32%; return on assets: 3.41%. Net interest margin at Celtic Bank: 6.05%, -0.48 pp in a year. Celtic Bank net income: $85.8 mn, up 5.7% year on year. The efficiency ratio of Celtic Bank was 33.21%: about 33 cents cost per revenue dollar, against 50 cents at the median peer.
At , noncurrent loans were 3.63% of total loans at Celtic Bank; net charge-offs: 0.49% of average loans. Gross loans and leases at Celtic Bank: $4.6 bn, up 37.6% in a year.
Celtic Bank: profitability
- Return on equity 19%
- Net interest margin 6.0%
- Return on assets 3.4%
Peer group of Celtic Bank
The peer group of Celtic Bank 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 Celtic Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Utah. Against them, Celtic Bank shows return on equity 19.32% against a peer median of 16.36% and uninsured deposit share 9.11% against a peer median of 36.42%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Bridgewater Bank | State nonmember bank | MN | $5.4 bn | 12.73% | 11.37% | 26.16% | |
| Five Star Bank | State nonmember bank | CA | $5.4 bn | 11.11% | 15.97% | 59.15% | |
| Morton Community Bank | State nonmember bank | IL | $5.3 bn | 13.59% | 16.74% | 26.93% | |
| Celtic Bank | State nonmember bank | UT | $5.3 bn | not reported | 19.32% | 9.11% | |
| InterBank | State member bank | OK | $5.3 bn | not reported | 27.32% | 41.01% | |
| Southern Bank and Trust Company | State nonmember bank | NC | $5.3 bn | 12.68% | 17.13% | 47.66% | |
| Leader Bank | National bank | MA | $5.3 bn | 19.80% | 7.84% | 31.82% | |
. FDIC Call Reports.
Last eight quarters
Two years at Celtic Bank, to : assets +55.9%, deposits +62.5%, equity +42.1%. Staff 346 to 382.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.4 bn | $3.8 bn | $4.0 bn | $4.3 bn | $4.5 bn | $4.8 bn | $5.0 bn | $5.3 bn |
| Total deposits | $2.4 bn | $2.7 bn | $2.7 bn | $2.8 bn | $3.3 bn | $3.4 bn | $3.6 bn | $3.9 bn |
| Bank equity capital | $653.4 mn | $690.3 mn | $725.7 mn | $763.5 mn | $802.5 mn | $850.5 mn | $886.6 mn | $928.3 mn |
| Return on equity (ROE) | 26.10% | 25.62% | 22.29% | 22.36% | 22.21% | 22.98% | 18.48% | 19.32% |
| Uninsured share of domestic deposits | 8.51% | 9.66% | 9.09% | 9.50% | 8.56% | 9.20% | 8.15% | 9.11% |
| Full-time equivalent employees | 346 | 366 | 366 | 361 | 361 | 367 | 375 | 382 |
| Number of offices | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
FDIC Call Reports.
Mergers and acquisitions
Large one-quarter moves at Celtic Bank
- Total assets at Celtic Bank changed by +255.0% in the quarter to 2020-06-30, with no FDIC structure event in that quarter.
- Total assets at Celtic Bank changed by -30.5% in the quarter to 2021-09-30, with no FDIC structure event in that quarter.
- Total assets at Celtic Bank changed by -28.9% in the quarter to 2021-12-31, with no FDIC structure event in that quarter.
Questions and identifiers
What were the total assets of Celtic Bank?
Celtic Bank reported $5.3 bn at in its Call Report. That makes Celtic Bank the 275th largest of 497 banks in our US coverage.
Is Celtic Bank profitable?
Celtic Bank reported net income of $85.8 mn for the year to ; annualized return on equity: 19.32%. So yes: Celtic Bank made a profit over these months.
When is data for Celtic Bank next updated?
Figures from Celtic Bank for are due after .
Where can I check the figures for Celtic Bank?
In the FDIC BankFind Suite record for certificate 57056, and in the Call Reports of Celtic Bank (RSSD ID 2998576) at the FFIEC Central Data Repository.