Net charge-offs to average loans: US bank rankings

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.

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.

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%).

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.