Net charge-offs to average loans: US bank rankings

500 FDIC-insured banks ranked by net charge-offs to average loans at Q2 2026, from each bank's Call Report. 1 = lowest.

Beal Bank USA ranked first (lowest) by net charge-offs to average loans at Q2 2026 with -4.75%, followed by Monet Bank (-4.61%) and Carter Bank & Trust (-0.82%). Rank among 500 banks reporting this metric, 1 = lowest; the median bank was at 0.09%. Source: FDIC Call Report data, cross-checked against FFIEC filings.

What changed this quarter (Q1 2026 to Q2 2026)

Beal Bank USA moved to first, ahead of Carter Bank & Trust, first in Q1 2026
Median: up from 0.08% to 0.09%
Biggest rise in the top 100: Bravera Bank, from 286th to 10th

Lowest value

-4.75%

Beal Bank USA

Rank 1 of 500 1 = lowest

Median bank

0.09%

Middle of the 500 banks ranked

Highest value

36.10%

Green Dot Bank DBA Bonneville Bank

Rank 500 of 500 1 = lowest

Banks ranked

500

Every bank in our coverage that reported it

Sparklines: the last ten years (median and count: every quarter of this ranking). Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.

Ranking, Q2 2026

Rank (1 = lowest)	Change in rank	Bank	State		Q1 2026
441	-4	Quad City Bank and Trust Company	IA	0.50%	0.54%
442	+31	Exchange Bank	CA	0.52%	1.01%
443	+17	Peapack Private Bank & Trust	NJ	0.53%	0.71%
444	-6	U.S. Bank	OH	0.54%	0.55%
445	+14	Esquire Bank	NY	0.54%	0.71%
446	-2	Truist Bank	NC	0.55%	0.59%
447	+8	Santander Bank	DE	0.55%	0.66%
448	+4	FirstBank Puerto Rico	PR	0.56%	0.64%
449	+4	Citizens and Farmers Bank	VA	0.57%	0.66%
450	-19	Flagstar Bank	NY	0.58%	0.51%
451	-1	JPMorgan Chase Bank	OH	0.61%	0.62%
452	-13	Bank OZK	AR	0.62%	0.56%
453	+26	Emigrant Bank	FL	0.67%	1.25%
454	-9	Live Oak Banking Company	NC	0.67%	0.60%
455	+27	Bank of Marin	CA	0.69%	1.37%
456	+7	Old Second National Bank	IL	0.73%	0.75%
457	+17	Nelnet Bank	UT	0.75%	1.02%
458	+4	Amarillo National Bank	TX	0.75%	0.74%
459	-16	BCB Community Bank	NJ	0.78%	0.58%
460	+21	Western Alliance Bank	AZ	0.83%	1.33%
461	+5	First National Bank Texas	TX	0.84%	0.82%
462	-415	The Bank of Missouri	MO	0.84%	0.00%
463	-29	West Texas National Bank	TX	0.86%	0.53%
464	-35	Pathward	SD	0.86%	0.47%
465	+23	Citizens & Northern Bank	PA	0.88%	1.82%
466	-15	Midland States Bank	IL	0.89%	0.62%
467	+1	Lead Bank	MO	0.90%	0.85%
468	+15	Meridian Bank	PA	0.93%	1.40%
469	+6	Citibank	SD	1.06%	1.02%
470	+10	Sunrise Banks	SD	1.09%	1.26%
471	+7	Ally Bank	UT	1.15%	1.20%
472	-3	Banco Popular de Puerto Rico	PR	1.16%	0.86%
473	+3	Oriental Bank	PR	1.22%	1.04%
474	-2	First Guaranty Bank	LA	1.22%	0.98%
475	-28	Sunflower Bank	TX	1.24%	0.61%
476	-15	Metropolitan Commercial Bank	NY	1.32%	0.72%
477	-110	Banc of California	CA	1.39%	0.22%
478	+8	The Bancorp Bank	SD	1.51%	1.62%
479	+8	First Internet Bank of Indiana	IN	1.70%	1.64%
480	+9	First National Bank of Omaha	NE	1.84%	1.96%

Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor. Change in rank compares with Q1 2026. Bars: value relative to the largest in the table.

Who leads the table?

The five banks at the top of the table at Q2 2026 were Beal Bank USA (-4.75%, NV), Monet Bank (-4.61%, TX), Carter Bank & Trust (-0.82%, VA), First Federal Savings and Loan Association of Lakewood (-0.48%, OH) and Amboy Bank (-0.12%, NJ). 7 of the top 10 were also in the top 10 in Q1 2026. 2 of the top 10 have their head office in Wisconsin.

How are the values spread?

Half of the 500 banks have a value between 0.02% and 0.26% (the middle two quarters of the table); one in ten is above 0.58% and one in ten below 0.00%. A year earlier, at Q2 2025, the median was 0.08% across 528 banks. The median rose from 0.08% in Q1 2026 to 0.09% in Q2 2026.

35 values lie far from the rest of the table (more than three times the spread of the middle half beyond it): Beal Bank USA (-4.75%); Monet Bank (-4.61%); Carter Bank & Trust (-0.82%, a trust or card bank by name); Citibank (1.06%); Sunrise Banks (1.09%); Ally Bank (1.15%) and others. Values like these usually come from special-purpose banks, such as trust, custody, credit card or payment banks, whose balance sheets differ from lending banks; compare them with care.

Which of the top 100 banks moved most?

Between Q1 2026 and Q2 2026, of the 500 banks ranked in both quarters, 328 moved up the table, 169 moved down and 3 kept their place; the typical bank moved 25 places.

Largest moves up the table from Q1 2026 to Q2 2026: Bravera Bank (from 286th to 10th; 0.10% to -0.04%); First Farmers Bank & Trust Co. (from 283rd to 20th; 0.10% to -0.01%); Central Bank & Trust Co. (from 195th to 11th; 0.04% to -0.04%). Largest moves down the table from Q1 2026 to Q2 2026: FCB Banks (from 18th to 91st; -0.02% to 0.01%); Chemung Canal Trust Company (from 17th to 86th; -0.02% to 0.01%); Hinsdale Bank & Trust Company (from 9th to 67th; -0.06% to 0.00%).

How is this ranking built?

Annualized net charge-offs as a percent of average loans and leases (FDIC calculation). Negative = recoveries exceeded charge-offs. Net charge-offs to average loans values are year-to-date, annualized figures from each bank's Call Report for Q2 2026, ranked from lowest to highest, because a lower value is safer for this metric (1 = lowest).

Full definitions are on the methodology page for net charge-offs to average loans.

Other US bank rankings

Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. Primary source: FDIC BankFind Suite; cross-check: FFIEC Central Data Repository. Checks: Check A passed, Check B passed.

Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.