Erebor Bank
Erebor Bank reported total assets of $4.7 bn at Q2 2026, the 296th largest of 497 banks in our US coverage. Erebor Bank uses the community bank leverage ratio framework, with a leverage ratio of 38.81%, and the uninsured share of Erebor Bank was 0.00%. Source: FDIC Call Reports.
Key takeaways
- Erebor Bank has one of the highest tier 1 leverage ratio readings among banks of $1 bn to $10 bn: 38.81% at , against a median of 10.45% across 339 banks (FDIC Call Reports).
- At 211.95%, the efficiency ratio of Erebor Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 56.87% (FDIC Call Reports).
- Among the 339 banks of $1 bn to $10 bn, few report a lower uninsured share of domestic deposits than Erebor Bank, at 0.00% in ; the group median is 32.61% (FDIC Call Reports).
What sets Erebor Bank apart
- Erebor Bank reports one of the lowest noncurrent loans to total loans readings among banks of $1 bn to $10 bn: 0.00% at , where the median of the 339 banks is 0.58%.
- The net interest margin of Erebor Bank, 0.71% at , places Erebor Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 3.66%).
- Among the 339 banks of $1 bn to $10 bn, few report a lower return on equity (ROE) than Erebor Bank, at -5.45% in ; the group median is 12.68%.
How large is Erebor Bank?
The balance sheet of Erebor Bank at : assets $4.7 bn, deposits $4.1 bn, net loans $77.2 mn (loans equal to 1.90% of deposits). Securities make up 8.1% of total assets at Erebor Bank. Since , when Erebor Bank held $1.7 bn, its assets grew 173.9%. At , Erebor Bank employed 90 full-time equivalent staff across 1 office, about $51.8 mn of assets per employee and $4.1 bn of deposits per office.
How much funding at Erebor Bank is uninsured?
At Erebor Bank, uninsured deposits (above the FDIC limit) made up 0.00% of domestic deposits at ; Erebor Bank ranks 500th of 500 on this measure.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.1 bn | not available | 285th of 499 |
| Net loans and leases | $77.2 mn | not available | 495th of 500 |
| Loan-to-deposit ratio | 1.90% | not available | 495th of 500 |
| Net interest margin | 0.71% | not available | 499th of 500 |
| Return on assets (ROA) | -1.03% | not available | 498th of 500 |
| Efficiency ratio | 211.95% | not available | 500th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $2.3 mn | not available | |
| Noncurrent loans to total loans | 0.00% | not available | 1st of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.00% | not available | 50th of 500 (1 = lowest) |
US rank of Erebor Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Erebor Bank: assets, deposits and loans
- Total assets $4.7bn
- Deposits $4.1bn
- Net loans $77mn
Capital and securities
Erebor Bank uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 38.81% in . Equity capital of Erebor Bank at : $597.4 mn, or 12.8% of total assets.
The available-for-sale portfolio of Erebor Bank showed an unrealized loss of $2.3 mn at .
Erebor Bank: capital ratios
- Tier 1 leverage 39%
Erebor Bank: unrealized securities gains and losses
- Available for sale -$2mn
- Held to maturity $0
Profitability and loan quality
For the year to , Erebor Bank earned a return on equity of -5.45%; return on assets: -1.03%. Net interest margin at Erebor Bank: 0.71%. Erebor Bank net income: -$16.3 mn. The efficiency ratio of Erebor Bank was 211.95%: about 212 cents cost per revenue dollar, against 56 cents at the median peer.
At , noncurrent loans were 0.00% of total loans at Erebor Bank; net charge-offs: 0.00% of average loans. Gross loans and leases at Erebor Bank: $77.8 mn.
Erebor Bank: profitability
- Return on equity -5.5%
- Net interest margin 0.7%
- Return on assets -1.0%
Peer group of Erebor Bank
The peer group of Erebor Bank 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 Erebor Bank (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Ohio. Against them, Erebor Bank shows return on equity -5.45% against a peer median of 12.57% and uninsured deposit share 0.00% against a peer median of 28.67%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Bar Harbor Bank & Trust | State nonmember bank | ME | $4.7 bn | 12.72% | 11.40% | 20.11% | |
| Town Bank | National bank | WI | $4.7 bn | 11.19% | 13.73% | 31.04% | |
| Southern First Bank | State nonmember bank | SC | $4.7 bn | 11.61% | 11.01% | 45.94% | |
| Erebor Bank | National bank | OH | $4.7 bn | not reported | -5.45% | 0.00% | |
| The Fidelity Bank | State nonmember bank | NC | $4.7 bn | 16.56% | 17.38% | 38.22% | |
| First National Bank Texas | National bank | TX | $4.6 bn | 19.71% | 18.70% | 8.51% | |
| PeoplesBank | State-chartered stock savings bank | MA | $4.6 bn | 12.39% | 4.83% | 26.30% | |
. FDIC Call Reports.
Last eight quarters
Two years at Erebor Bank, to : assets +173.9%, deposits +269.6%, equity -0.5%. Staff 55 to 90.
| Metric | Q1 2026 | Q2 2026 |
|---|---|---|
| Total assets | $1.7 bn | $4.7 bn |
| Total deposits | $1.1 bn | $4.1 bn |
| Bank equity capital | $600.6 mn | $597.4 mn |
| Return on equity (ROE) | -4.00% | -5.45% |
| Uninsured share of domestic deposits | 23.31% | 0.00% |
| Full-time equivalent employees | 55 | 90 |
| Number of offices | 1 | 1 |
FDIC Call Reports.
Mergers and acquisitions
Large one-quarter moves at Erebor Bank
- Total assets at Erebor Bank changed by +173.9% in the quarter to 2026-06-30: New institution (established 2026-02-06); balance sheet still ramping up.
Questions and identifiers
What were the total assets of Erebor Bank?
Erebor Bank reported $4.7 bn at in its Call Report. That makes Erebor Bank the 296th largest of 497 banks in our US coverage.
Is Erebor Bank profitable?
Erebor Bank reported net income of -$16.3 mn for the year to ; annualized return on equity: -5.45%. So no: Erebor Bank made a loss over these months.
When is data for Erebor Bank next updated?
Figures from Erebor Bank for are due after .
Where can I check the figures for Erebor Bank?
In the FDIC BankFind Suite record for certificate 59378, and in the Call Reports of Erebor Bank (RSSD ID 6053129) at the FFIEC Central Data Repository.