Medallion Bank
Medallion Bank reported total assets of $2.8 bn at Q2 2026, up 10.0% on a year earlier, the 449th largest of 497 banks in our US coverage. The CET1 capital ratio at Medallion Bank was 13.12%, and the uninsured share of Medallion Bank was 0.24%. Source: FDIC Call Reports.
Key takeaways
- On return on equity (ROE), Medallion Bank slipped from 87th to 216th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Medallion Bank reports one of the lowest uninsured share of domestic deposits readings among banks of $1 bn to $10 bn: 0.24% at , where the median of the 339 banks is 32.61% (FDIC Call Reports).
- At 8.58%, the net interest margin of Medallion Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 3.66% (FDIC Call Reports).
What sets Medallion Bank apart
- Few banks of $1 bn to $10 bn report a higher net charge-offs to average loans than Medallion Bank, at 2.90% in against a group median of 0.06%.
- Medallion Bank reports one of the lowest efficiency ratio readings among banks of $1 bn to $10 bn: 27.69% at , where the median of the 339 banks is 56.87%.
- At 16.92%, the tier 1 leverage ratio of Medallion Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 10.45%.
How large is Medallion Bank?
The balance sheet of Medallion Bank at : assets $2.8 bn, deposits $2.3 bn, net loans $2.6 bn (loans equal to 111.11% of deposits). Securities make up 2.5% of total assets at Medallion Bank. Since , when Medallion Bank held $1.1 bn, its assets grew 156.0%. In the year to , deposits at Medallion Bank rose 14.1% while its total assets rose 10.0%. At , Medallion Bank employed 156 full-time equivalent staff across 1 office, about $18.2 mn of assets per employee and $2.3 bn of deposits per office.
How much funding at Medallion Bank is uninsured?
At Medallion Bank, uninsured deposits (above the FDIC limit) made up 0.24% of domestic deposits at (+0.06 pp on a year earlier); Medallion Bank ranks 499th of 500 on this measure. In dollars, Medallion Bank estimated $5.4 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.3 bn | +14.1% | 456th of 499 |
| Net loans and leases | $2.6 bn | +12.7% | 359th of 500 |
| Loan-to-deposit ratio | 111.11% | -1.41 pp | 20th of 500 |
| Tier 1 leverage ratio | 16.92% | -2.38 pp | 18th of 500 |
| Total risk-based capital ratio | 18.08% | -2.73 pp | 67th of 448 |
| Net interest margin | 8.58% | -0.05 pp | 9th of 500 |
| Return on assets (ROA) | 2.15% | -0.43 pp | 33rd of 500 |
| Efficiency ratio | 27.69% | +2.79 pp | 19th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $5.1 mn | Narrowed by $335,000 | |
| Noncurrent loans to total loans | 0.45% | +0.06 pp | 170th of 500 (1 = lowest) |
| Net charge-offs to average loans | 2.90% | +0.04 pp | 490th of 500 (1 = lowest) |
US rank of Medallion Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Medallion Bank: assets, deposits and loans
- Total assets $2.8bn
- Deposits $2.3bn
- Net loans $2.6bn
Capital and securities
The CET1 ratio of Medallion Bank stood at 13.12% in , -0.63 pp year on year. Low and high at Medallion Bank since : 10.76% () to 14.40% (). Equity capital of Medallion Bank at : $450.0 mn, or 15.9% of total assets. Medallion Bank also reported a total capital ratio of 18.08% for , and a tier 1 leverage ratio of 16.92%.
The available-for-sale portfolio of Medallion Bank showed an unrealized loss of $5.1 mn at ; the loss narrowed by $335,000 over the year.
Medallion Bank: capital ratios
- Total capital 18%
- CET1 13%
- Tier 1 leverage 17%
Medallion Bank: unrealized securities gains and losses
- Available for sale -$5mn
- Held to maturity $0
Profitability and loan quality
For the year to , Medallion Bank earned a return on equity of 12.95%; return on assets: 2.15%. Net interest margin at Medallion Bank: 8.58%, -0.05 pp in a year. Medallion Bank net income: $29.0 mn, down 12.0% year on year. The efficiency ratio of Medallion Bank was 27.69%: about 28 cents cost per revenue dollar, against 58 cents at the median peer.
At , noncurrent loans were 0.45% of total loans at Medallion Bank; net charge-offs: 2.90% of average loans. Gross loans and leases at Medallion Bank: $2.7 bn, up 12.9% in a year.
Medallion Bank: profitability
- Return on equity 13%
- Net interest margin 8.6%
- Return on assets 2.1%
Peer group of Medallion Bank
The peer group of Medallion Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of Medallion 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, Medallion Bank shows CET1 ratio 13.12% against a peer median of 13.31%, return on equity 12.95% against a peer median of 13.30% and uninsured deposit share 0.24% against a peer median of 29.79%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| American Momentum Bank | State nonmember bank | TX | $2.8 bn | 24.90% | 5.78% | 47.53% | |
| Armstrong Bank | State member bank | OK | $2.8 bn | 13.89% | 17.13% | 24.46% | |
| Habib American Bank | State nonmember bank | NY | $2.8 bn | 12.79% | 11.35% | 31.96% | |
| Medallion Bank | State nonmember bank | UT | $2.8 bn | 13.12% | 12.95% | 0.24% | |
| Emprise Bank | State nonmember bank | KS | $2.8 bn | 10.22% | 21.01% | 28.19% | |
| Chemung Canal Trust Company | National bank | NY | $2.8 bn | 13.84% | 13.04% | 31.40% | |
| State Bank of the Lakes | National bank | IL | $2.8 bn | 10.75% | 13.56% | 20.54% | |
. FDIC Call Reports.
Last eight quarters
Two years at Medallion Bank, to : assets +10.2%, deposits +8.8%, equity +19.8%. Staff 134 to 156.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.6 bn | $2.6 bn | $2.5 bn | $2.6 bn | $2.6 bn | $2.6 bn | $2.7 bn | $2.8 bn |
| Total deposits | $2.1 bn | $2.1 bn | $2.0 bn | $2.0 bn | $2.1 bn | $2.1 bn | $2.1 bn | $2.3 bn |
| Bank equity capital | $375.7 mn | $382.4 mn | $391.1 mn | $473.6 mn | $439.1 mn | $450.2 mn | $443.5 mn | $450.0 mn |
| CET1 ratio | 12.97% | 13.26% | 13.60% | 13.75% | 13.96% | 14.40% | 13.74% | 13.12% |
| Return on equity (ROE) | 16.52% | 16.51% | 16.17% | 15.85% | 16.69% | 16.89% | 11.64% | 12.95% |
| Uninsured share of domestic deposits | 0.06% | 0.10% | 0.16% | 0.18% | 0.21% | 0.24% | 0.25% | 0.24% |
| Full-time equivalent employees | 134 | 135 | 136 | 141 | 143 | 142 | 152 | 156 |
| Number of offices | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Medallion Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Medallion Bank?
Medallion Bank reported $2.8 bn at in its Call Report. That makes Medallion Bank the 449th largest of 497 banks in our US coverage.
Is Medallion Bank profitable?
Medallion Bank reported net income of $29.0 mn for the year to ; annualized return on equity: 12.95%. So yes: Medallion Bank made a profit over these months.
When is data for Medallion Bank next updated?
Figures from Medallion Bank for are due after .
Where can I check the figures for Medallion Bank?
In the FDIC BankFind Suite record for certificate 57449, and in the Call Reports of Medallion Bank (RSSD ID 3228908) at the FFIEC Central Data Repository.