The State of US Banking: Q2 2026
Data as of · aggregated from FFIEC call reports. How we update
4,193 banks filed a call report and took deposits for Q2 2026, 227 fewer (5.1%) than the 4,420 a year earlier and 751 fewer than the 4,944 in Q2 2021. Another 4,299 federally insured credit unions filed with the NCUA for Q2 2026. A bank counts when it still files a call report, takes deposits and has not closed. The Q2 2026 count also leaves out banks that closed after the quarter ended, while each earlier quarter counts the banks open at its end, so the newest count runs slightly low against the earlier ones. 4,297 institutions filed a call report, counting the few trust companies that take no deposits. Our bank directory lists the banks.
As of Q2 2026, the 4,297 institutions that filed a call report held $26.49T in total assets, $20.72T in deposits, and $13.94T in loans, against $2.64T of total equity capital. Industry assets grew 1.23% from the prior quarter. Every figure is aggregated from public FFIEC call reports.
Industry Totals
Total Assets Trend
Bars start at $0, so their heights compare levels directly.
Industry Averages
About these ratios: unmarked ratios are the banking system's, built from the industry's combined figures the way the FDIC reports them; the NPL ratio is combined nonaccrual and modified loans over combined loans. Ratios marked bank average are equal-weighted averages across reporting banks, so a small bank counts as much as the largest. For the full distribution, see the bank rankings and the risk screeners. The largest banks by assets and the largest bank holding companies hold most of these totals; bank mergers are the main reason the bank count falls each year.
Explore the data
Source: FFIEC call reports, aggregated by BankRegReports and refreshed every quarter. See how this data updates.
Frequently asked questions
How many banks are in the US?
BankRegReports counts 4,193 banks as of Q2 2026: banks still filing a call report that take deposits and have not closed. 4,297 institutions filed a call report for the quarter, counting the few trust companies that file one without taking deposits. The bank count is 227 fewer than a year earlier (4,420 in Q2 2025) and 751 fewer than in Q2 2021 (4,944). The Q2 2026 count also leaves out banks that closed after the quarter ended, while each earlier quarter counts the banks open at its end. Credit unions are counted separately: 4,299 filed with the NCUA for Q2 2026.
How many credit unions are in the US?
4,299 federally insured credit unions filed an NCUA 5300 call report for Q2 2026. The National Credit Union Administration insures their deposits, not the FDIC. Counting both, 8,596 institutions filed a call report for the quarter.
How much do US banks hold in total deposits?
FDIC-insured US banks held approximately $20.72T in total deposits as of Q2 2026, against $13.94T in total loans.