Bank of the Federated States of Micronesia: Financial Reports & UBPR Data
BankRegReports is independent of Bank of the Federated States of Micronesia and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Problem loans are rising at Bank of the Federated States of Micronesia. It reported $278 million in assets at June 30, 2026, up 1.8% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 9.98% of loans from 1.41% a year earlier. It pays an average of 0.60% on its deposits and borrowings, about a third the median of 1.80% for the 2,660 banks with $100 million to $1 billion in assets. It also holds common equity equal to 47.46% of its risk-weighted assets, about triple the median of 15.12% for banks its size.
The commercial and industrial book ($12 million) is worsening: 15.46% of it is past due or on nonaccrual, up from 7.51% a year earlier. The multifamily book ($7.5 million) is worsening: 69.71% of it is past due or on nonaccrual, up from 4.82% a year earlier. Credit is the area to watch: it carries problem assets equal to 18.2% of the capital and reserves that would absorb them, 6.9 times the median of 2.6% for banks its size.
As of June 30, 2026, Bank of the Federated States of Micronesia reported a CET1 capital ratio of 47.46%, a return on assets of 1.52%, a nonperforming-loan ratio of 9.98% and a Texas ratio of 18.22%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 98 Kaselehlie Street, Pohnpei 96941
- County
- Pohnpei
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- —
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- February 7, 1986
- Offices
- 5 domestic
- Employees (FTE)
- 110
- Domestic deposits
- $245.4M
- Allowance for credit losses
- $2.3M
- Net charge-offs (YTD)
- $157K
- Average total assets
- $274.6M
- Average total loans
- $63.2M
- Average interest-bearing deposits
- $150.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- February 7, 1986
- FDIC Cert
- 26539
- Fed RSSD
- 718275
- Website
- www.bofsm.bank →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Bank of the Federated States of Micronesia terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Bank of the Federated States of Micronesia, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Bank of the Federated States of Micronesia rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Metric pages for Bank of the Federated States of Micronesia: CET1 ratio, Texas Ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 47.46% | 1.52% | 9.98% | 18.22% | 4.32% |
| Q1 2026 | 49.00% | 1.29% | 4.77% | 8.39% | 4.15% |
| Q4 2025 | 48.78% | 1.30% | 3.45% | 6.17% | 4.64% |
| Q3 2025 | 47.69% | 1.65% | 1.41% | 2.54% | 4.30% |
| Q2 2025 | 47.47% | 1.66% | 1.41% | 2.56% | 4.73% |
| Q1 2025 | 49.77% | 1.52% | 1.40% | 2.46% | 4.23% |
| Q4 2024 | 47.58% | 1.78% | 0.73% | 1.38% | 4.57% |
| Q3 2024 | 46.81% | 1.54% | 0.76% | 1.41% | 4.38% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 4 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Bank of the Federated States of Micronesia (main office) | Kolonia , FM | 96941 | $157.8M |
| Chuuk Branch | Chuuk , FM | 96942 | $48.3M |
| Yap Branch | Yap , FM | 96943 | $26.2M |
| Kosrae Branch | Kosrae , FM | 96944 | $13.0M |
Regulatory record
What the public regulatory sources show for Bank of the Federated States of Micronesia, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- Not on file: no SoD deposits in its home state
- Period: not on file. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- Not on file: no HMDA filing matched
- Period: not on file. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- Not on file: no SBA 7(a) loans matched
- Period: not on file. Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
Add this badge to your website
Free to use. The badge always shows Bank of the Federated States of Micronesia’s most recent filed regulatory figures. It updates automatically each quarter, so it never goes stale.
Similar banks
Compare Bank of the Federated States of Micronesia with peers
Side-by-side comparison of capital, profitability, asset quality, and balance sheet. Pick a peer to view the full head-to-head.
Frequently asked about Bank of the Federated States of Micronesia
What are Bank of the Federated States of Micronesia's total assets?
As of the Q2 2026 filing, Bank of the Federated States of Micronesia reported total assets of $278.4 million in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Bank of the Federated States of Micronesia headquartered?
Bank of the Federated States of Micronesia is headquartered in Pohnpei, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was Bank of the Federated States of Micronesia founded?
Bank of the Federated States of Micronesia was established in 1986, per the FDIC institution directory.
Is Bank of the Federated States of Micronesia FDIC-insured?
Yes. Bank of the Federated States of Micronesia is an FDIC-insured commercial bank (FDIC Certificate #26539). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Bank of the Federated States of Micronesia?
Bank of the Federated States of Micronesia's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Bank of the Federated States of Micronesia's CET1 capital ratio?
Bank of the Federated States of Micronesia reported a Common Equity Tier 1 (CET1) capital ratio of 47.46% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Bank of the Federated States of Micronesia operate?
Bank of the Federated States of Micronesia operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Bank of the Federated States of Micronesia's Texas Ratio?
Bank of the Federated States of Micronesia's Texas Ratio is 18.22% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
Go deeper on Bank of the Federated States of Micronesia.
Unlock the full terminal: 26 years of quarterly trends, peer benchmarking, watch flags, and Excel tearsheets for this bank and every other US institution.
Unlock Bank of the Federated States of Micronesia, freeFree account