# BANESCO USA
MIAMI, FL · FDIC certificate 57815 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $5.98B | |
| Deposits | $5.17B | |
| Loans and leases | $3.96B | |
| Total equity | $626.4M | |
| Loans / deposits | 75.95% (p25 of band) | 87.10% |
| Liquid assets / assets | 30.34% (p77 of band) | |
| Uninsured deposits / deposits | 51.61% (p92 of band) | 30.76% |
| Brokered deposits | 3.72% | |
| Wholesale funding | 5.81% (p49 of band) | |
| FHLB advances / assets | 2.09% | |
| Tier 1 leverage | 11.46% (p69 of band) | 10.50% |
| Unrealized securities loss / equity | -6.51% (p55 of band) | -7.75% |
| AOCI / equity | -0.45% (p39 of band) | |
| ROA (annualized) | 1.47% (p68 of band) | 1.26% |
| Net interest margin | 3.52% (p38 of band) | 3.70% |
| Efficiency ratio | 53.87% (p35 of band) | |
| Noncurrent loans | 0.49% (p49 of band) | 0.51% |
| Net charge-offs (annualized) | 0.07% (p70 of band) | |
| Reserve coverage of noncurrent | 192.58% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 25.82% (p25 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $75.8M (12% of equity) (p88 of band) | |
| Deposits YoY | 20.5% | |
| Employees | 500 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 3 | brokered >10%, wholesale funding >15% |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 3 | reserve under noncurrent | capital falling |
| 2012-09 | 3 |  |  |
| 2012-12 | 4 | capital falling |  |
| 2013-03 | 4 |  |  |
| 2013-06 | 4 | expense ratio p90 | capital falling |
| 2013-09 | 3 |  | wholesale funding >15% |
| 2013-12 | 2 |  | expense ratio p90 |
| 2014-03 | 1 | expense ratio p90 | brokered >10%, reserve under noncurrent |
| 2014-06 | 2 | reserve under noncurrent |  |
| 2014-09 | 2 | brokered >10% | reserve under noncurrent |
| 2014-12 | 3 | wholesale funding >15% |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 3 | construction >100% equity | brokered >10% |
| 2015-09 | 1 |  | wholesale funding >15%, construction >100% equity |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 | reserve under noncurrent | capital falling |
| 2016-09 | 1 |  | reserve under noncurrent |
| 2016-12 | 0 |  | expense ratio p90 |
| 2017-03 | 2 | capital falling, charge-offs p90 |  |
| 2017-06 | 2 | expense ratio p90 | capital falling |
| 2017-09 | 3 | reserve under noncurrent |  |
| 2017-12 | 1 |  | expense ratio p90, reserve under noncurrent |
| 2018-03 | 1 | expense ratio p90 | charge-offs p90 |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | capital falling |  |
| 2018-12 | 0 |  | expense ratio p90, capital falling |
| 2019-03 | 1 | expense ratio p90 |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 | capital falling | expense ratio p90 |
| 2019-12 | 1 | expense ratio p90 | capital falling |
| 2020-03 | 0 |  | expense ratio p90 |
| 2020-06 | 2 | wholesale funding >15%, expense ratio p90 |  |
| 2020-09 | 3 | capital falling, deposits shrinking | expense ratio p90 |
| 2020-12 | 2 | charge-offs p90 | capital falling, deposits shrinking |
| 2021-03 | 1 |  | charge-offs p90 |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | loans exceed deposits |  |
| 2022-03 | 2 | capital falling | loans exceed deposits |
| 2022-06 | 1 |  | capital falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 3 | brokered >10%, capital falling |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 | loans exceed deposits | brokered >10%, capital falling |
| 2023-12 | 2 | brokered >10% | loans exceed deposits |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | brokered >10% |
| 2025-06 | 1 | capital falling | wholesale funding >15% |
| 2025-09 | 2 | reserve under noncurrent |  |
| 2025-12 | 1 |  | reserve under noncurrent |
| 2026-03 | 0 |  | capital falling |
| 2026-06 | 1 | uninsured deposits >50% |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-28 [SBA lending makes Banesco USA the trusted partner for small businesses in the Tampa Bay market - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxOZHJqRWlLT0RLdGZaLVBqZTNLT3NQcllrMV9NWnZHNWRDa3dIdkxHcFJUMGNOTmljSlc5dC1ueV9uLUQ5QzlmWDBfUnBYNmM2MUpvYmtxRDZ1dDZFUnJHTFBmNlpQSnhYVEVjOTJBbmprWXBkOF9ONVBXN3FjME5NeUNJWDRkZHVGNTlzX25NV0haVVhrZ0ZrLWdHSzN4R1Zic2xnekxoZEFaYm4w?oc=5) · The Business Journals
- 2026-06-10 [How Banesco USA helps businesses make the most of Palm Beach’s booming market - The Real Deal](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOdDJESm5BWDNwdlk4SnNpWExfSG1oX1JISmdVSW00bUxmM1NOaHRMT3JuMlAzWFhDMUFiZ3dadF8zemZubXVhUGhWNkFvU1JpdEkwTGYzdlpxbXh6VmhzeUZPUFFfSEVFY28xdzBZNy1YZndUc3NjTzRQa2NpS1J3Wm1TSWtDemxIUWdPVHJmWEl3bFdzTTJIVDE1N2R1ZUV3YXA0Rno3R1lEeUFMOGhFb2lHcDVKVzdsZzlv?oc=5) · The Real Deal
- 2026-07-29 [NU Advisory Partners Fills Board Position for Banesco USA - Hunt Scanlon Media](https://news.google.com/rss/articles/CBMiigFBVV95cUxQdF9xeWZ4aG9maHBJZXNzQjF5S0pGeFBtY0p0M1JCNXE5TWRXcWx6Y21KZmpQREpDV2E5cHBqOUJubmNqb1NQbi1EOUpQd0dQckZFdmtsX2FmRG9laUxrU1g1dTFNV0w1czFjOUdWQzdDZlBteGpOSWNBNUxCNjVLU1k0RlFxM2E0dEE?oc=5) · Hunt Scanlon Media
- 2026-08-31 [Banesco USA appoints Teresa Stinson to its Board of Directors - WJournalpr](https://news.google.com/rss/articles/CBMi6wFBVV95cUxQVllhbEdrQTYyUHJ2a0h2eGxHM0RvMEozbFNQdmNhME9NM2NPSXFXUVpxSTdURnRveUZlWkhPYnQxenBMTDJ0MVprZ1ZwandSbU9EM3hCM1JITVBUbUVVNmwwVlA3cWY2SENLbjdnTWhkSk5HemtXTElia2RINVRBdDFrNW9Hc0E3M2dVSFRRXzEzMjdTX2hWM1dUeE9HY3VRQ1F4YlFydmNveXhMTjNDM1hBdlJGWnZSbldpNDdTNENyMjIyaG9oekRoS1pDeHN6anYwR2xiZVExX2tVOWJpeUsyN2g5QjJqd0gw?oc=5) · WJournalpr
- 2025-12-15 [BayFirst Financial Corp. Closes $94.6 Million Loan Sale to Banesco USA - Yahoo Finance](https://news.google.com/rss/articles/CBMihgFBVV95cUxNaWtUX200MUxCQnlIOEp5clNfemRYdDFvUUFudlRYeVdPTHpYREk3dVBrYzJIdUFqQmI4T2UtNlFCRF9oZzBUOHFHQzA5VUxnVE5RVXNONjlyVGd2V0Y5bmhfNTNDSF9kTmxkQlExMzNmWlpyMkt3dXpydUE3dXo3NWV2Ml9HUQ?oc=5) · Yahoo Finance
- 2026-02-24 [Banesco USA reports ‘record’ 2025 results, Puerto Rico up - News is My Business](https://news.google.com/rss/articles/CBMijAFBVV95cUxPcDdJSFNla3VNSy16a1B5LXp3U21pNXVPX0h4NEt0MkgwdElCSmFGN1dHVnVaaWlyOHRoalFSOHppOVRYTXFhdUZPdXB4NlZPTlFrWkNCeXJ5SF94MmhTUkVtY0Nmc3BzaDVwbTR0Z2xnNEpEWTM4NzNqbUpwNFZDNGc1NU1SeDVBR193Vw?oc=5) · News is My Business
- 2026-01-20 [Banesco USA Enters National SBA Lending Market Through Strategic Acquisition, Makes Key Executive Hire to Lead Division - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPcUdPeTRqajg0b25LTm5kUkk0UVR4QUlFeC1MeW9QbzhRN2RVYTk0Vk11dmNBdnZNWEtFVlVlSUd3b2s0OWJRdzY1OE9faF9hMXNDM0tZTlMxeFpEcmZfZF9VbTdHMjJHR0k1NzNlR2xRQXpHQkpFSG41Yk1ScWpXSy1fYkFUYW1weW82RzdMODZWcWlzYktQeUgtZGlUZ1JLSEtybA?oc=5) · The Business Journals
- 2026-04-24 [Banesco expands to Puerto Rico. - San Juan Daily Star](https://news.google.com/rss/articles/CBMid0FVX3lxTE1HUDhPUVFURlRGQVkzQkVWOTZuandLYVc1UTFhRGZYOW9fMU5MZVAyYkpZLUJQOXRjUUtxR2U2VUpHd3VXd3J5Nzg5aXhWZk5WU0dZakpWeXVKUUt0WnlMT01QdklsV2hvUWtGTEZjOTZHY2gxNUhn?oc=5) · San Juan Daily Star

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57815 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/23.json (key "57815", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide