Pathward, N.A.
BankRegReports is independent of Pathward, N.A. and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Pathward, N.A. is an FDIC-insured commercial bank headquartered in Sioux Falls, SD, established in 1954 (FDIC certificate 30776), and it is supervised by the OCC. At Q2 2026 it reported total assets of $7.31B, up 1.2% from Q2 2025, the 4th largest of 56 banks headquartered in South Dakota. Its CET1 capital ratio was 12.05% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 30776
- Headquarters
- Sioux Falls, SD
- Established
- 1954
- Total assets, Q2 2026
- $7.31B
- Assets vs Q2 2025
- +1.2%
- CET1 ratio, Q2 2026
- 12.05%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 291471024
- Latest call report
- Q2 2026, FFIEC 041 · Pathward, N.A. call report
- Holding company
- PATHWARD FINANCIAL, INC.
- Asset rank in state
- 4th of 56 in South Dakota
Problem loans are rising at Pathward, N.A.. Its balance sheet stood at $7.3 billion at June 30, 2026, up 1.2% from a year earlier; it is based in Sioux Falls, South Dakota. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 4.94% of loans from 1.49% a year earlier. It keeps 6.61 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 3.71 cents). It also pays an average of 0.03% on its deposits and borrowings, a small fraction of the median of 2.01% for banks its size.
The commercial and industrial book ($4.8 billion) is worsening: 5.24% of it is past due or on nonaccrual, up from 1.38% a year earlier. Loans and deposits moved in opposite directions: over the year loans rose 8.6% and deposits fell 0.9%. Credit is the area to watch: it carries problem assets equal to 38.1% of the capital and reserves that would absorb them, 10.7 times the median of 3.6% for banks its size.
As of June 30, 2026, Pathward, N.A. reported a CET1 capital ratio of 12.05%, a return on assets of 1.58%, a nonperforming-loan ratio of 5.28% and a Texas ratio of 38.09%. The figures come from its call report filed with the FFIEC.
Pathward, N.A. ranks as the 4th largest of the 56 banks based in South Dakota, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.8% to $7.31B, loans rose 5.8% and deposits rose 1.7%. Its loan book on June 30, 2026 was led by commercial and industrial loans, at 92.0% of total loans, followed by other consumer loans at 3.2%. The FDIC Summary of Deposits lists a single office for it, in Sioux Falls, SD. By the capital ratios in its Q2 2026 call report, Pathward, N.A. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 5501 S Broadband Ln, Sioux Falls, SD 57108
- County
- Lincoln
- Metro Area
- Sioux Falls, SD-MN
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- Trust powers not granted
- Call Report form
- FFIEC 041
- Established
- January 1, 1954
- Former names
- Metabank, National Association (2020-2022); MetaBank (2005-2020); First Federal Savings Bank of the Midwest (1993-2005)
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 1,196
- Domestic deposits
- $5.95B
- Allowance for credit losses
- $109.8M
- Net charge-offs (YTD)
- $21.9M
- Average total assets
- $7.55B
- Average total loans
- $4.96B
- Average interest-bearing deposits
- $245.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 30776
- Fed RSSD
- 435077
- SEC CIK
- 907471 → filed by PATHWARD FINANCIAL, INC.
- Website
- http://www.pathward.com →
- Parent Holding Company
- PATHWARD FINANCIAL, INC. (RSSD 2390013) · CASH
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Brett L. Pharr | CEO | Chief Executive Officer |
| Anthony M. Sharett | PRES | President |
| Greg Sigrist | CFO | Chief Financial Officer |
| Nadia Dombrowski | GC | Chief Legal and Admin Officer |
| Ferri Eric Anthony | CRO | EVP, Chief Risk Officer |
| Charles C. Ingram | CIO | EVP, Chief Information Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Pathward, N.A.'s total assets moved between a low of $6.99B (Q1 2025) and a high of $7.89B (Q4 2023) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$7.31B total assets against $7.23B; $6.43B total liabilities against $6.38B.
$5.10B net loans and leases against $4.69B; $5.95B total deposits against $6.01B.
$1.25B securities against $1.40B; $149.4M cash and balances due against $258.4M.
$114.0M total interest income against $123.6M; $509K total interest expense against $646K.
$113.5M net interest income against $122.9M.
$75.8M total noninterest income against $73.3M; $128.5M total noninterest expense against $138.9M.
$28.3M provision for credit losses against $9.3M.
$29.7M net income against $43.6M.
1.58% return on assets against 2.38%; 6.61% net interest margin against 7.45%.
12.05% CET1 capital ratio against 13.43%; 9.91% tier 1 leverage ratio against 10.00%.
Inside the full Pathward, N.A. 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.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Pathward, N.A. rankings
Its closest position to the top of a national ranking is 31 of 3,640, for Texas Ratio; its furthest is 914 of 980, for uninsured deposits.
Metric pages for Pathward, N.A.: Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.58% (Q2 2026) to 3.56% (Q1 2025) and its net interest margin ran from 6.58% (Q1 2026) to 9.49% (Q4 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.05% | 1.58% | 5.28% | 38.09% | 6.61% |
| Q1 2026 | 13.24% | 3.48% | 2.39% | 17.67% | 6.58% |
| Q4 2025 | 12.67% | 1.86% | 2.15% | 17.19% | 7.05% |
| Q3 2025 | 13.23% | 2.05% | 2.05% | 15.92% | 7.57% |
| Q2 2025 | 13.43% | 2.38% | 1.49% | 11.17% | 7.45% |
| Q1 2025 | 14.25% | 3.56% | 0.88% | 6.29% | 7.09% |
| Q4 2024 | 12.78% | 2.02% | 0.76% | 6.41% | 9.49% |
| Q3 2024 | 13.12% | 1.73% | 0.87% | 7.13% | 6.83% |
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 |
|---|---|---|---|
| Pathward, N.A. (main office) | Sioux Falls , SD | 57108 | $5.95B |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| August 1, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 1, 2018 | Structure Change | Acquired Crestmark Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 30, 1995 | Structure Change | Acquired Iowa Savings Bank, FSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 29, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 29, 1994 | Structure Change | Acquired Brookings Federal Bank, a federal savings bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 28, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 4 against the institution (OCC, OCC (former OTS)); 2 against individuals associated with it
- July 15, 2011, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Metabank
- July 15, 2011, OCC (former OTS): Cease and Desist: MetaBank
- July 15, 2011, OCC (former OTS): Civil Money Penalty: MetaBank
- October 25, 1991, OCC (former OTS): Cease and Desist: First Federal Savings & Loan Assocaiton of Storm Lake
- Period: Most recent institution action July 15, 2011. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.5% of deposits in SD, rank 4 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 116 loans, $238.6M approved, $2.1M 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
- 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
Add this badge to your website
Free to use. It shows Pathward, N.A.’s latest filed figures and updates each quarter.
Similar banks
Compare Pathward, N.A. with peers
Frequently asked about Pathward, N.A.
What are Pathward, N.A.'s total assets?
As of the Q2 2026 filing, Pathward, N.A. reported total assets of $7.31 billion in its FFIEC call report.
Where is Pathward, N.A. headquartered?
It is headquartered in Sioux Falls, SD, United States.
When was Pathward, N.A. founded?
It was established in 1954, per the FDIC institution directory.
Is Pathward, N.A. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #30776). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Pathward, N.A.?
Pathward, N.A.'s primary federal regulator is the OCC.
What is Pathward, N.A.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.05% in its Q2 2026 call report, above regulatory requirements.
How many branches does Pathward, N.A. 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 Pathward, N.A.'s Texas Ratio?
Its Texas Ratio is 38.09% 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.
What was Pathward, N.A. previously called?
The charter now named Pathward, N.A. has also operated as Metabank, National Association (2020-2022), MetaBank (2005-2020), First Federal Savings Bank of the Midwest (1993-2005), per FDIC structure-change records.
Go deeper on Pathward, N.A.
Get an email when Pathward, N.A. files its next call report, and benchmark it against any peer you choose.
Unlock Pathward, N.A., freeFree account