Signature Bank
Signature Bank reported total assets of $110.4 bn at Q4 2022, its last Call Report before it merged into Signature Bridge Bank, National Association. Its common equity tier 1 ratio was 10.41%, and an estimated 89.67% of domestic deposits were uninsured. Source: FDIC Call Report data, cross-checked against FFIEC filings.
- Total deposits: down 13.8% on Q3 2022, to $88.6 bn
- Uninsured share of domestic deposits: down 1.34 pp on Q3 2022, to 89.67%
- Bank equity capital: up 4.2% on Q3 2022, to $8.0 bn
Ranks compare banks in our US coverage that report each metric. Sparklines: the last ten years. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Overview
What stands out about Signature Bank?
Its largest one-quarter change in total assets since Q1 2016 was +15.9% between Q3 2020 and Q4 2020, a quarter with no merger or acquisition in the FDIC history. Against its six size peers, its uninsured share of domestic deposits stands out most: 89.67% at Q4 2022, above the peer median of 29.32%.
How large is Signature Bank?
At Q4 2022 the bank held $110.4 bn of assets. Deposits were $88.6 bn and net loans and leases $74.4 bn, a loan-to-deposit ratio of 83.95%. Securities of $26.2 bn made up 23.7% of assets.
Total assets rose 216.2% between Q1 2016 and Q4 2022, from $34.9 bn.
How much of its funding is uninsured?
An estimated 89.67% of domestic deposits were above the FDIC insurance limit at Q4 2022, -1.34 pp from the previous quarter and -2.31 pp from a year earlier.
Key facts, Q4 2022
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total assets | $110.4 bn | -6.8% | |
| Total deposits | $88.6 bn | -16.5% | |
| Net loans and leases | $74.4 bn | +14.8% | |
| Bank equity capital | $8.0 bn | +2.2% | |
| Common equity tier 1 (CET1) ratio | 10.41% | +0.81 pp | |
| Tier 1 leverage ratio | 8.79% | +1.52 pp | |
| Return on equity (ROE) | 16.82% | +3.64 pp | |
| Net interest margin | 2.24% | +0.11 pp | |
| Uninsured share of domestic deposits | 89.67% | -2.31 pp | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $762.2 mn | Widened by $708.6 mn | |
| Noncurrent loans to total loans | 0.32% | -0.04 pp | |
| Net charge-offs to average loans | 0.09% | -0.06 pp |
US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.
Balance sheet
Total assets, deposits and net loans, quarterly, Q1 2016 to Q4 2022.
- Total assets $110bn
- Deposits $88.6bn
- Net loans $74.4bn
Capital and securities
The common equity tier 1 (CET1) ratio was 10.41% at Q4 2022, +0.81 pp from a year earlier. Since Q1 2016 it has ranged from 9.60% (Q4 2021) to 12.42% (Q1 2016). At Q4 2022 the tier 1 leverage ratio was 8.79% and the total risk-based capital ratio 12.32%. The median CET1 ratio of the size peers listed below was 15.86% at Q4 2022.
Held-to-maturity securities had an unrealized loss of $762.2 mn at Q4 2022, measured as fair value minus amortized cost, equal to 9.5% of bank equity capital. The loss widened by $708.6 mn from a year earlier. The largest unrealized loss on these securities was $769.8 mn at Q3 2022. Available-for-sale securities showed an unrealized loss of $2.5 bn at Q4 2022; the loss widened by $2.2 bn from a year earlier.
Capital ratios
- Total capital 12%
- CET1 10%
- Tier 1 leverage 8.8%
Unrealized gains and losses on securities
- Available for sale -$2.5bn
- Held to maturity -$762mn
Profitability and loan quality
Return on equity was 16.82% for the year to Q4 2022, annualized, with a return on assets of 1.15% and a net interest margin of 2.24%. The margin was +0.11 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 32.04%. Net income for the year to Q4 2022 was $1.3 bn, up 45.6% on the same period a year earlier. The median return on equity of its size peers was 7.82% for the same period.
Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 0.32% of total loans at Q4 2022. Net charge-offs for the year to date were 0.09% of average loans, annualized.
Profitability
- Return on equity 17%
- Net interest margin 2.2%
- Return on assets 1.2%
Compared with banks of similar size
The six banks ranked closest to Signature Bank by total assets at Q4 2022, three above and three below where possible.
Among the seven banks in the table at Q4 2022, Signature Bank is 4th by total assets. Its CET1 ratio of 10.41% compares with a peer median of 15.86%, its tier 1 leverage ratio of 8.79% compares with a peer median of 9.76%, and its return on equity of 16.82% compares with a peer median of 7.82%.
| Bank | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|
| Discover Bank | $129.6 bn | 11.53% | 35.62% | 7.10% | |
| UBS Bank USA | $121.0 bn | 29.22% | 16.74% | 26.44% | |
| USAA Federal Savings Bank | $110.9 bn | 17.11% | 2.82% | 7.28% | |
| Signature Bank | $110.4 bn | 10.41% | 16.82% | 89.67% | |
| First-Citizens Bank & Trust Company | $109.2 bn | 11.38% | 12.82% | 32.20% | |
| MUFG Union Bank | $104.4 bn | 18.57% | -3.27% | 53.35% | |
| Santander Bank | $99.1 bn | 14.61% | 2.57% | 36.67% | |
Q4 2022. Peer median (the six banks, excluding this one): CET1 15.86%, return on equity 7.82%. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Last eight quarters
Signature Bank, as reported in its Call Reports.
From Q1 2021 to Q4 2022, total assets rose 29.3% to $110.4 bn, deposits rose 19.8% to $88.6 bn and bank equity capital rose 20.6% to $8.0 bn. Over the same period its full-time equivalent staff went from 1,712 to 2,263 and its offices went from 38 to 40.
| Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $85.4 bn | $97.2 bn | $107.9 bn | $118.4 bn | $121.8 bn | $116.0 bn | $114.5 bn | $110.4 bn |
| Total deposits | $74.0 bn | $85.6 bn | $95.6 bn | $106.2 bn | $109.2 bn | $104.1 bn | $102.8 bn | $88.6 bn |
| Bank equity capital | $6.6 bn | $6.8 bn | $7.7 bn | $7.8 bn | $8.2 bn | $8.0 bn | $7.7 bn | $8.0 bn |
| Common equity tier 1 (CET1) ratio | 10.92% | 10.07% | 10.49% | 9.60% | 10.49% | 9.98% | 10.11% | 10.41% |
| Return on equity (ROE) | 12.22% | 12.58% | 12.77% | 13.18% | 16.91% | 16.91% | 17.41% | 16.82% |
| Uninsured share of domestic deposits | 89.27% | 90.74% | 91.48% | 91.98% | 92.21% | 91.39% | 91.01% | 89.67% |
| Full-time equivalent employees | 1,712 | 1,795 | 1,847 | 1,880 | 1,956 | 2,113 | 2,180 | 2,263 |
| Number of offices | 38 | 38 | 38 | 37 | 37 | 38 | 40 | 40 |
Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Mergers and acquisitions
Figures before and after each event are not like for like.
- . Merged into Signature Bridge Bank, National Association (FDIC certificate 59332).
Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.
Identifiers and sources
- FDIC certificate
- 57053
- Federal Reserve RSSD ID
- 2942690
- Head office
- New York, New York
- EconoMonitor ID
- EMB-US-000045
Frequently asked questions
What were Signature Bank's total assets?
$110.4 bn at Q4 2022, according to its Call Report as published by the FDIC.
How often is this page updated?
Every quarter, after Signature Bank files its Call Report and the FDIC publishes it. This page shows Q4 2022, loaded on 19 October 2026; any sentence that uses an earlier quarter names it.
Where can I check these numbers?
In the FDIC BankFind Suite record for certificate 57053, and in the Call Reports filed under RSSD ID 2942690 at the FFIEC Central Data Repository.
Sources and definitions
Definitions, Call Report fields and formulas for each metric: Bank equity capital, Uses community bank leverage ratio framework, Common equity tier 1 (CET1) ratio, Deposits in domestic offices, Efficiency ratio, Full-time equivalent employees, Loan-to-deposit ratio, Total loans and leases (gross), Net loans and leases, Net charge-offs to average loans, Net income (year to date), Net interest margin, Noncurrent loans to total loans, Number of offices, Return on assets (ROA), Return on equity (ROE), Available-for-sale securities (amortized cost), Available-for-sale securities (fair value), Held-to-maturity securities (amortized cost), Held-to-maturity securities (fair value), Total securities, Tier 1 leverage ratio, Total assets, Total deposits, Total equity capital, Total risk-based capital ratio, Uninsured share of domestic deposits, Estimated uninsured deposits, Unrealized gain/loss on available-for-sale securities, Unrealized gain/loss on held-to-maturity securities.
Checks for this release: Check A (database against the FDIC download) passed, Check B (FDIC against FFIEC Call Report filings) passed.
Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. FDIC BankFind Suite API.
Source: FFIEC Central Data Repository (Call Reports). EconoMonitor is not affiliated with or endorsed by the FFIEC. FFIEC Central Data Repository, Public Data Distribution.
Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.