Monet Bank
Monet Bank reported total assets of $3.2 bn at Q2 2026, down 43.3% on a year earlier, the 402nd largest of 497 banks in our US coverage. The CET1 capital ratio at Monet Bank was 135.52%, and the uninsured share of Monet Bank was 80.17%. Source: FDIC Call Reports.
Key takeaways
- On efficiency ratio, Monet Bank climbed from 526th to 8th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Monet Bank has one of the highest common equity tier 1 (CET1) ratio readings among banks of $1 bn to $10 bn: 135.52% at , against a median of 13.22% across 287 banks (FDIC Call Reports).
- At 25.76%, the noncurrent loans to total loans of Monet Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 0.58% (FDIC Call Reports).
What sets Monet Bank apart
- Among the 339 banks of $1 bn to $10 bn, few report a lower net charge-offs to average loans than Monet Bank, at -4.61% in ; the group median is 0.06%.
- Monet Bank has one of the highest tier 1 leverage ratio readings among banks of $1 bn to $10 bn: 31.69% at , against a median of 10.45% across 339 banks.
- The efficiency ratio of Monet Bank, 20.61% at , places Monet Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 56.87%).
How large is Monet Bank?
The balance sheet of Monet Bank at : assets $3.2 bn, deposits $913.0 mn, net loans $447.6 mn (loans equal to 49.02% of deposits). Securities make up 42.6% of total assets at Monet Bank. Since , when Monet Bank held $2.2 bn, its assets grew 45.1%. In the year to , deposits at Monet Bank fell 63.6% while its total assets fell 43.3%. At , Monet Bank employed 59 full-time equivalent staff across 6 offices, about $53.6 mn of assets per employee and $152.2 mn of deposits per office.
How much funding at Monet Bank is uninsured?
At Monet Bank, uninsured deposits (above the FDIC limit) made up 80.17% of domestic deposits at (+42.29 pp on a year earlier); Monet Bank ranks 10th of 500 on this measure. In dollars, Monet Bank estimated $731.9 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $913.0 mn | -63.6% | 499th of 499 |
| Net loans and leases | $447.6 mn | +20.7% | 494th of 500 |
| Loan-to-deposit ratio | 49.02% | +34.23 pp | 474th of 500 |
| Tier 1 leverage ratio | 31.69% | +11.25 pp | 2nd of 500 |
| Total risk-based capital ratio | 136.07% | -94.06 pp | 1st of 448 |
| Net interest margin | 4.51% | +2.90 pp | 60th of 500 |
| Return on assets (ROA) | 4.06% | +3.48 pp | 7th of 500 |
| Efficiency ratio | 20.61% | -82.96 pp | 8th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $12.4 mn | Narrowed by $5.0 mn | |
| Noncurrent loans to total loans | 25.76% | +13.23 pp | 500th of 500 (1 = lowest) |
| Net charge-offs to average loans | -4.61% | -5.36 pp | 2nd of 500 (1 = lowest) |
US rank of Monet Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Monet Bank: assets, deposits and loans
- Total assets $3.2bn
- Deposits $913mn
- Net loans $448mn
Capital and securities
The CET1 ratio of Monet Bank stood at 135.52% in , -93.35 pp year on year. Low and high at Monet Bank since : 30.21% () to 251.72% (). Equity capital of Monet Bank at : $997.0 mn, or 31.5% of total assets. Monet Bank also reported a total capital ratio of 136.07% for , and a tier 1 leverage ratio of 31.69%.
The available-for-sale portfolio of Monet Bank showed an unrealized loss of $12.4 mn at ; the loss narrowed by $5.0 mn over the year.
Monet Bank: capital ratios
- Total capital 136%
- CET1 136%
- Tier 1 leverage 32%
Monet Bank: unrealized securities gains and losses
- Available for sale -$12mn
- Held to maturity $0
Profitability and loan quality
For the year to , Monet Bank earned a return on equity of 12.77%; return on assets: 4.06%. Net interest margin at Monet Bank: 4.51%, +2.90 pp in a year. Monet Bank net income: $66.9 mn, up 271.3% year on year. The efficiency ratio of Monet Bank was 20.61%: about 21 cents cost per revenue dollar, against 58 cents at the median peer.
At , noncurrent loans were 25.76% of total loans at Monet Bank; net charge-offs: -4.61% of average loans. Gross loans and leases at Monet Bank: $454.3 mn, up 18.5% in a year.
Monet Bank: profitability
- Return on equity 13%
- Net interest margin 4.5%
- Return on assets 4.1%
Peer group of Monet Bank
The peer group of Monet Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Monet Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Texas. Against them, Monet Bank shows CET1 ratio 135.52% against a peer median of 12.95%, return on equity 12.77% against a peer median of 12.34% and uninsured deposit share 80.17% against a peer median of 29.29%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Unity Bank | State nonmember bank | NJ | $3.2 bn | 14.27% | 16.24% | 42.06% | |
| First National Bank | National bank | ME | $3.2 bn | 13.05% | 14.86% | 17.20% | |
| 1st Security Bank of Washington | State-chartered stock savings bank | WA | $3.2 bn | 12.84% | 9.81% | 29.18% | |
| Monet Bank | State nonmember bank | TX | $3.2 bn | 135.52% | 12.77% | 80.17% | |
| Farmers Bank & Trust Company | State member bank | AR | $3.2 bn | not reported | 15.94% | 29.39% | |
| Centreville Bank | State-chartered stock savings bank | RI | $3.2 bn | not reported | 9.50% | 17.59% | |
| Citizens & Northern Bank | State member bank | PA | $3.1 bn | 12.85% | 8.61% | 31.42% | |
. FDIC Call Reports.
Last eight quarters
Two years at Monet Bank, to : assets -45.7%, deposits -74.1%, equity -0.8%. Staff 152 to 59; offices 7 to 6.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.8 bn | $6.6 bn | $6.3 bn | $5.6 bn | $4.5 bn | $3.5 bn | $3.2 bn | $3.2 bn |
| Total deposits | $3.5 bn | $4.2 bn | $3.8 bn | $2.5 bn | $1.8 bn | $1.1 bn | $947.3 mn | $913.0 mn |
| Bank equity capital | $1.0 bn | $1.1 bn | $1.2 bn | $1.2 bn | $1.2 bn | $1.2 bn | $961.0 mn | $997.0 mn |
| CET1 ratio | 59.22% | 67.25% | 244.38% | 228.87% | 251.72% | 171.75% | 145.04% | 135.52% |
| Return on equity (ROE) | 17.30% | 21.56% | 3.19% | 3.15% | 1.53% | 2.65% | 7.47% | 12.77% |
| Uninsured share of domestic deposits | 26.75% | 23.13% | 21.98% | 37.87% | 41.98% | 64.61% | 76.94% | 80.17% |
| Full-time equivalent employees | 152 | 152 | 43 | 54 | 53 | 55 | 58 | 59 |
| Number of offices | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 |
FDIC Call Reports.
Mergers and acquisitions
Large one-quarter moves at Monet Bank
- Total assets at Monet Bank changed by +25.9% in the quarter to 2020-06-30, with no FDIC structure event in that quarter.
- Total assets at Monet Bank changed by +46.5% in the quarter to 2022-03-31, with no FDIC structure event in that quarter.
- Total assets at Monet Bank changed by +46.2% in the quarter to 2022-06-30, with no FDIC structure event in that quarter.
Questions and identifiers
What were the total assets of Monet Bank?
Monet Bank reported $3.2 bn at in its Call Report. That makes Monet Bank the 402nd largest of 497 banks in our US coverage.
Is Monet Bank profitable?
Monet Bank reported net income of $66.9 mn for the year to ; annualized return on equity: 12.77%. So yes: Monet Bank made a profit over these months.
When is data for Monet Bank next updated?
Figures from Monet Bank for are due after .
Where can I check the figures for Monet Bank?
In the FDIC BankFind Suite record for certificate 32574, and in the Call Reports of Monet Bank (RSSD ID 1176881) at the FFIEC Central Data Repository.