Poppy Bank
Poppy Bank reported total assets of $8.3 bn at Q2 2026, up 18.3% on a year earlier, the 194th largest of 497 banks in our US coverage. The CET1 capital ratio at Poppy Bank was 12.82%, and the uninsured share of Poppy Bank was 30.25%. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, Poppy Bank climbed from 372nd to 250th among 448 US banks between and (1 = highest; FDIC Call Reports).
- Since , Poppy Bank has taken over one institution; the latest was Blue Gate Bank on (FDIC Call Reports).
What sets Poppy Bank apart
How large is Poppy Bank?
The balance sheet of Poppy Bank at : assets $8.3 bn, deposits $6.3 bn, net loans $5.8 bn (loans equal to 91.46% of deposits). Securities make up 10.8% of total assets at Poppy Bank. Since , when Poppy Bank held $988.8 mn, its assets grew 741.2%. In the year to , deposits at Poppy Bank rose 16.3% while its total assets rose 18.3%. At , Poppy Bank employed 284 full-time equivalent staff across 42 offices, about $29.3 mn of assets per employee and $149.9 mn of deposits per office.
How much funding at Poppy Bank is uninsured?
At Poppy Bank, uninsured deposits (above the FDIC limit) made up 30.25% of domestic deposits at (-1.22 pp on a year earlier); Poppy Bank ranks 310th of 500 on this measure. In dollars, Poppy Bank estimated $1.9 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $6.3 bn | +16.3% | 200th of 499 |
| Net loans and leases | $5.8 bn | +11.0% | 190th of 500 |
| Loan-to-deposit ratio | 91.46% | -4.34 pp | 166th of 500 |
| Tier 1 leverage ratio | 9.71% | +0.26 pp | 343rd of 500 |
| Total risk-based capital ratio | 14.07% | +1.12 pp | 240th of 448 |
| Net interest margin | 3.29% | +0.43 pp | 350th of 500 |
| Return on assets (ROA) | 1.29% | +0.27 pp | 260th of 500 |
| Efficiency ratio | 43.18% | -8.14 pp | 72nd of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $41.3 mn | Narrowed by $555,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $17.9 mn | Widened by $841,000 | |
| Noncurrent loans to total loans | 1.89% | +0.08 pp | 450th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.40% | +0.39 pp | 419th of 500 (1 = lowest) |
US rank of Poppy Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Poppy Bank: assets, deposits and loans
- Total assets $8.3bn
- Deposits $6.3bn
- Net loans $5.8bn
Capital and securities
The CET1 ratio of Poppy Bank stood at 12.82% in , +1.12 pp year on year. Low and high at Poppy Bank since : 10.60% () to 16.73% (). Equity capital of Poppy Bank at : $736.4 mn, or 8.9% of total assets. Poppy Bank also reported a total capital ratio of 14.07% for , and a tier 1 leverage ratio of 9.71%.
On held-to-maturity securities, Poppy Bank carried an unrealized loss of $41.3 mn at , equal to 5.6% of equity capital. The loss narrowed by $555,000 over the year. Its deepest point: $48.6 mn in . The available-for-sale portfolio of Poppy Bank showed an unrealized loss of $17.9 mn at ; the loss widened by $841,000 over the year.
Poppy Bank: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 9.7%
Poppy Bank: unrealized securities gains and losses
- Available for sale -$18mn
- Held to maturity -$41mn
Profitability and loan quality
For the year to , Poppy Bank earned a return on equity of 14.33%; return on assets: 1.29%. Net interest margin at Poppy Bank: 3.29%, +0.43 pp in a year. Poppy Bank net income: $50.9 mn, up 44.7% year on year. The efficiency ratio of Poppy Bank was 43.18%: about 43 cents cost per revenue dollar, against 61 cents at the median peer.
At , noncurrent loans were 1.89% of total loans at Poppy Bank; net charge-offs: 0.40% of average loans. Gross loans and leases at Poppy Bank: $5.8 bn, up 10.8% in a year.
Poppy Bank: profitability
- Return on equity 14%
- Net interest margin 3.3%
- Return on assets 1.3%
Peer group of Poppy Bank
The peer group of Poppy 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 Poppy Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in California. Against them, Poppy Bank shows CET1 ratio 12.82% against a peer median of 12.34%, return on equity 14.33% against a peer median of 11.30% and uninsured deposit share 30.25% against a peer median of 37.77%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Heritage Bank | State nonmember bank | WA | $8.4 bn | 12.34% | 7.88% | 39.09% | |
| CNB Bank | State member bank | PA | $8.4 bn | 13.09% | 12.34% | 28.83% | |
| BankPlus | State member bank | MS | $8.4 bn | not reported | 11.23% | 18.52% | |
| Poppy Bank | State nonmember bank | CA | $8.3 bn | 12.82% | 14.33% | 30.25% | |
| Univest Bank and Trust Co. | State member bank | PA | $8.2 bn | 10.76% | 11.52% | 45.12% | |
| Peapack Private Bank & Trust | State member bank | NJ | $8.0 bn | 10.60% | 9.18% | 36.44% | |
| Hanmi Bank | State nonmember bank | CA | $8.0 bn | 13.40% | 11.38% | 44.76% | |
. FDIC Call Reports.
Last eight quarters
Two years at Poppy Bank, to : assets +27.5%, deposits +21.1%, equity +25.7%. Staff 233 to 284; offices 30 to 42.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $6.5 bn | $6.9 bn | $6.8 bn | $7.0 bn | $7.3 bn | $7.6 bn | $7.8 bn | $8.3 bn |
| Total deposits | $5.2 bn | $5.7 bn | $5.7 bn | $5.4 bn | $5.7 bn | $5.9 bn | $6.0 bn | $6.3 bn |
| Bank equity capital | $585.7 mn | $599.2 mn | $620.5 mn | $640.7 mn | $661.5 mn | $685.3 mn | $710.6 mn | $736.4 mn |
| CET1 ratio | 10.60% | 11.59% | 11.55% | 11.70% | 11.87% | 12.02% | 12.62% | 12.82% |
| Return on equity (ROE) | 8.83% | 8.83% | 10.93% | 11.35% | 11.68% | 11.97% | 14.16% | 14.33% |
| Uninsured share of domestic deposits | 28.06% | 29.40% | 30.85% | 31.46% | 31.30% | 30.80% | 31.29% | 30.25% |
| Full-time equivalent employees | 233 | 240 | 244 | 251 | 271 | 272 | 281 | 284 |
| Number of offices | 30 | 31 | 33 | 33 | 38 | 38 | 39 | 42 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Poppy Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Blue Gate Bank (FDIC certificate 59094).
Questions and identifiers
What were the total assets of Poppy Bank?
Poppy Bank reported $8.3 bn at in its Call Report. That makes Poppy Bank the 194th largest of 497 banks in our US coverage.
Is Poppy Bank the same as its holding company?
No. This page covers Poppy Bank, FDIC certificate 57903; BIG POPPY HOLDINGS INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Poppy Bank profitable?
Poppy Bank reported net income of $50.9 mn for the year to ; annualized return on equity: 14.33%. So yes: Poppy Bank made a profit over these months.
When is data for Poppy Bank next updated?
Figures from Poppy Bank for are due after .
Where can I check the figures for Poppy Bank?
In the FDIC BankFind Suite record for certificate 57903, and in the Call Reports of Poppy Bank (RSSD ID 3232204) at the FFIEC Central Data Repository.