Locality Bank
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Data as of · sourced from FFIEC call reports. How we update
Locality Bank is an FDIC-insured commercial bank headquartered in Fort Lauderdale, FL, established in 2022 (FDIC certificate 59278), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $396.2M, up 29.5% from Q2 2025, the 49th largest of 81 banks headquartered in Florida. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.91% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 59278
- Headquarters
- Fort Lauderdale, FL
- Established
- 2022
- Total assets, Q2 2026
- $396.2M
- Assets vs Q2 2025
- +29.5%
- Tier 1 leverage ratio, Q2 2026
- 12.91%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 067017052
- Holding company
- LOCALITY BANCSHARES, INC.
- Asset rank in state
- 49th of 81 in Florida
Problem loans are rising at Locality Bank. The Fort Lauderdale, Florida bank had $396 million in assets at June 30, 2026, up 29.5% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.47% of loans from 1.00% a year earlier. It returns 3.8% a year on shareholders' equity, about a third the median of 12.5% for the 2,660 banks with $100 million to $1 billion in assets. It also pays an average of 2.90% on its deposits and borrowings, higher than about 9 in 10 banks its size (median 1.80%).
Earnings jumped: net income for the quarter was $457,000, 151% above the same quarter a year earlier. Delinquency has appeared in its $137 million non-owner-occupied commercial real estate book: 1.40% of those loans are past due or on nonaccrual, against almost none a year earlier. Concentration is the risk to watch: it holds commercial real estate loans worth 3.3 times its capital, about triple the median of 1.2 times for banks its size.
As of June 30, 2026, Locality Bank reported a return on assets of 0.50%, a nonperforming-loan ratio of 1.55% and a Texas ratio of 8.62%. The figures come from its call report filed with the FFIEC.
Locality Bank ranks as the 49th largest of the 81 banks based in Florida, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 10.7% to $396.2M, loans rose 7.3% and deposits rose 17.7%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 43.7% of total loans, ahead of owner-occupied commercial real estate loans at 28.5%. Its one office in the FDIC Summary of Deposits is in Fort Lauderdale, FL. On its Q2 2026 call report, Locality Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1400 S Andrews Ave, Fort Lauderdale, FL 33316
- County
- Broward
- Metro Area
- Miami-Fort Lauderdale-West Palm Beach, FL
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 12, 2022
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 39
- Domestic deposits
- $346.0M
- Allowance for credit losses
- $5.1M
- Net charge-offs (YTD)
- $195K
- Average total assets
- $364.8M
- Average total loans
- $305.4M
- Average interest-bearing deposits
- $270.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 12, 2022
- FDIC Cert
- 59278
- Fed RSSD
- 5673191
- Website
- www.localitybank.com →
- Parent Holding Company
- LOCALITY BANCSHARES, INC. (RSSD 6122128)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Locality Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Locality Bank's total assets ran between $163.7M (Q3 2023) and $396.2M (Q2 2026), and it earned a profit in 5 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$396.2M total assets against $305.9M; $347.7M total liabilities against $259.0M.
$308.5M net loans and leases against $228.6M; $346.0M total deposits against $249.6M.
$14.7M securities against $13.8M; $65.0M cash and balances due against $56.6M.
$5.9M total interest income against $4.8M; $2.3M total interest expense against $2.0M.
$3.6M net interest income against $2.8M.
$74K total noninterest income against $319K; $2.9M total noninterest expense against $2.7M.
$215K provision for credit losses against $139K.
$457K net income against $182K.
0.50% return on assets against 0.24%; 4.04% net interest margin against 3.82%.
12.91% tier 1 leverage ratio against 15.05%.
Inside the full Locality Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, 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.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Locality Bank rankings
Its closest position to the top of a national ranking is 760 of 3,640, for Texas Ratio; its furthest is 3,244 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -1.05% (Q3 2024) to 3.29% (Q4 2024) and its net interest margin ran from 3.48% (Q4 2024) to 4.23% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.91% | 0.50% | 1.55% | 8.62% | 4.04% |
| Q1 2026 | 13.16% | 0.10% | 1.74% | 9.11% | 3.88% |
| Q4 2025 | 14.23% | 1.41% | 1.07% | 5.13% | 4.23% |
| Q3 2025 | 14.91% | -0.38% | 1.10% | 4.91% | 4.20% |
| Q2 2025 | 15.05% | 0.24% | 1.11% | 4.58% | 3.82% |
| Q1 2025 | 15.88% | -0.71% | 1.11% | 4.72% | 3.48% |
| Q4 2024 | 11.66% | 3.29% | 0.54% | 3.20% | 3.48% |
| Q3 2024 | 13.18% | -1.05% | 0.73% | 4.35% | 3.64% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Locality Bank (main office) | Fort Lauderdale , FL | 33316 | $346.0M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in FL, rank 95 of 186 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 14 loans, $14.0M approved, $996K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Locality Bank
What are Locality Bank's total assets?
As of the Q2 2026 filing, Locality Bank reported total assets of $396.2 million in its FFIEC call report.
Where is Locality Bank headquartered?
It is headquartered in Fort Lauderdale, FL, United States.
When was Locality Bank founded?
It was established in 2022, per the FDIC institution directory.
Is Locality Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #59278). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Locality Bank?
Locality Bank's primary federal regulator is the FDIC.
How many branches does Locality Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Locality Bank's Texas Ratio?
Its Texas Ratio is 8.62% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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