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Asset Quality

US Banks with Highest Net Charge-Off Ratio

#1 Net Charge-Off Ratio: TBO BANK — 39.55% . The Net Charge-Off (NCO) ratio measures loans actually written off as uncollectible — the realized credit loss number that follows non-performing loans.

Ranked: 3,879 banks with reported data Showing: Top 100 Source: FFIEC call reports (Q1 2026) What is this metric? See the US Banks with … glossary entry Go deeper: What Is the Net Charge-Off Rate? A Bank Credit Guide
# Bank HQ US Banks with … Total Assets
1 Tbo Bank Orrick , MO 39.55% $246.9M
2 Varo Bank, N.A. Draper , UT 28.90% $374.3M
3 Square Financial Services, INC. Salt Lake City , UT 12.97% $1.80B
4 Credit One Bank, N.A. Las Vegas , NV 12.24% $2.16B
5 Merrick Bank South Jordan , UT 11.77% $8.93B
6 Metropolitan Capital Bank & TrustFailed Chicago , IL 11.75% $235.5M
7 First Southern Bank Florence , AL 9.67% $685.1M
8 Comenity Capital Bank Draper , UT 7.83% $13.31B
9 Green Dot Bank Provo , UT 7.06% $5.87B
10 Commerceone Bank Birmingham , AL 7.00% $891.7M
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11 Quill Bank Provo , UT 6.79% $1.50B
12 Comenity Bank Wilmington , DE 6.58% $7.77B
13 Community Bank & Trust - West GeorgiaFailed Lagrange , GA 6.19% $292.6M
14 Citizens Independent Bank Saint Louis Park , MN 5.84% $317.4M
15 Finwise Bank Murray , UT 5.83% $889.8M
16 Smbc Manubank Los Angeles , CA 5.80% $7.73B
17 Farmers Bank & Trust Atwood , KS 5.75% $158.1M
18 Cross River Bank Fort Lee , NJ 5.64% $8.71B
19 TD Bank USA, N.A. Wilmington , DE 5.47% $32.72B
20 Synchrony Bank Draper , UT 5.42% $114.86B
21 Jonesboro State Bank Jonesboro , LA 5.32% $1.28B
22 Coastal Community Bank Everett , WA 5.11% $5.66B
23 First National Bank Oldham , SD 5.03% $484.3M
24 Discover Bank Greenwood , DE 4.93% $145.41B
25 Mutualone Bank Framingham , MA 4.77% $1.26B
26 First Savings Bank Beresford , SD 4.22% $1.59B
27 One World Bank Dallas , TX 4.10% $285.7M
28 Altamaha Bank and Trust Company Vidalia , GA 3.75% $329.7M
29 First National Bank Fort Pierre , SD 3.75% $2.05B
30 Barclays Bank Delaware Wilmington , DE 3.74% $46.65B
31 Bank of Holly Springs, the Holly Springs , MS 3.68% $597.4M
32 Tcm Bank, N.A. Tampa , FL 3.64% $391.2M
33 Capital One, N.A. Mc Lean , VA 3.50% $672.01B
34 Fidelity Co-operative Bank Leominster , MA 3.50% $1.34B
35 1st Financial Bank USA Dakota Dunes , SD 3.42% $1.33B
36 First State Bank of Sauk Centre Sauk Centre , MN 3.41% $143.2M
37 Freedom Bank of Virginia, the Fairfax , VA 3.40% $1.05B
38 Medallion Bank Salt Lake City , UT 3.37% $2.65B
39 First Bank & Trust Company Perry , OK 3.17% $260.6M
40 Bna Bank New Albany , MS 3.01% $841.4M
41 Transportation Alliance Bank, INC. Dba Tab Bank Ogden , UT 2.95% $1.59B
42 Star Bank Maple Lake , MN 2.89% $456.7M
43 Stearns Bank N.A. Saint Cloud , MN 2.86% $3.30B
44 Sterling Federal Bank, Federal Savings Bank Sterling , IL 2.69% $501.1M
45 Village Bank Saint Francis , MN 2.65% $410.2M
46 Milestone Bank Salt Lake City , UT 2.65% $360.5M
47 Wex Bank Sandy , UT 2.52% $9.53B
48 American Express National Bank Sandy , UT 2.50% $217.57B
49 Bank of Estes Park Estes Park , CO 2.45% $157.5M
50 Benchmark Bank Plano , TX 2.40% $1.59B
51 Keystone Bank, SSB Austin , TX 2.35% $1.02B
52 Happen Bank, N.A. Lehi , UT 2.33% $11.85B
53 Balboa Thrift and Loan Association Chula Vista , CA 2.33% $408.0M
54 First National Bank, Cortez Cortez , CO 2.20% $156.0M
55 Usaa Federal Savings Bank Phoenix , AZ 2.20% $109.67B
56 Newtek Bank, N.A. Miami , FL 2.14% $2.16B
57 Fms Bank Fort Morgan , CO 2.13% $347.9M
58 Eaton Community Bank Charlotte , MI 2.10% $534.2M
59 Eagle Bank Glenwood , MN 2.08% $223.1M
60 Susquehanna Community Bank West Milton , PA 2.08% $587.3M
61 First National Bank of Omaha Omaha , NE 1.98% $34.73B
62 Great North Bank Florence , WI 1.98% $221.8M
63 First State Bank of Texas Orange , TX 1.96% $349.0M
64 Carver State Bank Savannah , GA 1.92% $115.2M
65 CrossFirst Bank Leawood , KS 1.92% $7.45B
66 Bancorp Bank N.A., the Sioux Falls , SD 1.87% $9.90B
67 Bayfirst National Bank Saint Petersburg , FL 1.86% $1.19B
68 Citizens & Northern Bank Wellsboro , PA 1.83% $3.15B
69 Citizens Community Bank Mascoutah , IL 1.83% $538.6M
70 Bank of Frankewing Frankewing , TN 1.82% $434.0M
71 First Capital Bank Quanah , TX 1.78% $107.2M
72 HTLF Bank Denver , CO 1.69% $17.20B
73 National Capital Bank of Washington, the Washington , DC 1.68% $734.8M
74 United Midwest Savings Bank, N.A. De Graff , OH 1.65% $520.6M
75 First Internet Bank of Indiana Fishers , IN 1.63% $5.68B
76 First Bank of Ohio Tiffin , OH 1.61% $286.9M
77 Sallie Mae Bank Salt Lake City , UT 1.52% $29.46B
78 First Iowa State Bank Albia , IA 1.50% $404.3M
79 American State Bank Arp , TX 1.49% $652.8M
80 Citibank, N.A. Sioux Falls , SD 1.49% $1.93T
81 Carson Community Bank Stilwell , OK 1.49% $166.8M
82 Eaglebank Bethesda , MD 1.46% $9.90B
83 Meridian Bank Malvern , PA 1.44% $2.58B
84 Cattaraugus County Bank Little Valley , NY 1.41% $379.0M
85 First State Bank Valliant , OK 1.39% $101.0M
86 Bank of Marin Corte Madera , CA 1.38% $3.91B
87 Savings Bank Primghar , IA 1.35% $298.3M
88 Citizens Bank and Trust Company Marks , MS 1.34% $105.4M
89 Western Alliance Bank Phoenix , AZ 1.31% $98.77B
90 Acb Bank Cherokee , OK 1.30% $143.8M
91 Southern States Bank Anniston , AL 1.29% $2.87B
92 Security State Bank of Hibbing Hibbing , MN 1.29% $146.2M
93 State Bank Waterloo , IL 1.28% $320.1M
94 Farm Bureau Bank FSB Reno , NV 1.28% $1.08B
95 Sunrise Banks, N.A. Sioux Falls , SD 1.27% $2.73B
96 Emigrant Bank Miami , FL 1.27% $5.85B
97 Pitney Bowes Bank INC., the Salt Lake City , UT 1.22% $832.7M
98 Cullman Savings Bank Cullman , AL 1.22% $459.6M
99 The Tipton Latham Bank, National Association Tipton , MO 1.21% $193.2M
100 Ally Bank Sandy , UT 1.21% $185.66B

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All data sourced from the most recent FFIEC call report filings, refreshed each quarter as new filings are processed. This leaderboard excludes banks with total assets under $100,000K to filter out anomalous micro-bank ratios. See /data-updates/ for the current data freshness window.

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