# U S BANK NATIONAL ASSN
CINCINNATI, OH · FDIC certificate 6548 · asset band >$100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *lender to lenders*. Composite score 2 (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 | $705.55B | |
| Deposits | $541.89B | |
| Loans and leases | $413.34B | |
| Total equity | $69.47B | |
| Loans / deposits | 74.87% (p59 of band) | 72.53% |
| Liquid assets / assets | 32.37% (p53 of band) | |
| Uninsured deposits / deposits | 52.20% (p88 of band) | 42.66% |
| Brokered deposits | 4.68% | |
| Wholesale funding | 13.89% (p69 of band) | |
| FHLB advances / assets | 3.83% | |
| Tier 1 leverage | 9.49% (p53 of band) | 9.44% |
| Unrealized securities loss / equity | -19.98% (p22 of band) | -9.97% |
| AOCI / equity | -0.15% (p75 of band) | |
| ROA (annualized) | 1.23% (p59 of band) | 1.18% |
| Net interest margin | 2.87% (p34 of band) | 3.14% |
| Efficiency ratio | 54.65% (p47 of band) | |
| Noncurrent loans | 1.45% (p88 of band) | 0.85% |
| Net charge-offs (annualized) | 0.31% (p78 of band) | |
| Reserve coverage of noncurrent | 127.78% | |
| Real estate % of loans | 45% | |
| Construction % of loans | 13.50% (p75 of band) | |
| Auto loans | $3.25B (0.79% of loans; DQ 1.10%, NCO 0.00%) | |
| Loans to nondepository financials | $52.06B (75% of equity) (p75 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 65445 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **loans-to-lenders >50% equity** (`conc_warehouse`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 3 | wholesale funding >15% |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 2 |  | capital falling |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 1 |  | wholesale funding >15% |
| 2017-09 | 1 | capital falling | reserve under noncurrent |
| 2017-12 | 0 |  | capital falling |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | wholesale funding >15% |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | wholesale funding >15% |
| 2019-12 | 2 | wholesale funding >15%, capital falling |  |
| 2020-03 | 2 | uninsured deposits >50% | capital falling |
| 2020-06 | 0 |  | wholesale funding >15%, uninsured deposits >50% |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 1 | securities losses >30% of equity | capital falling |
| 2022-09 | 2 | AOCI drag >20% of equity |  |
| 2022-12 | 3 | uninsured deposits >50% |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  | securities losses >30% of equity |
| 2023-09 | 1 | securities losses >30% of equity | uninsured deposits >50% |
| 2023-12 | 0 |  | securities losses >30% of equity |
| 2024-03 | 1 | securities losses >30% of equity |  |
| 2024-06 | 2 | uninsured deposits >50% |  |
| 2024-09 | 1 |  | securities losses >30% of equity |
| 2024-12 | 0 |  | uninsured deposits >50% |
| 2025-03 | 1 | loans-to-lenders >50% equity |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | uninsured deposits >50% |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | noncurrent p90 |  |
| 2026-06 | 2 |  | noncurrent p90 |

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

- 2026-05-29 [Deeds of trust for May 29 - News-Press NOW](https://news.google.com/rss/articles/CBMixgFBVV95cUxObkNadFpaYnJjWVZ1UGFrdVJDQWJQNG1JaDl1RkhmYlJicHBZRDJqTEdISjV5dEFxY0pjRmZrNmRJb0cwNThLMDNhQ1RpTURWcXg2TUNhZ1ZwX1Q4bFdTRTJ6U2xSNDduSHE1Zi1odk1Ub3ZSUi1FRDlxa29BVGc0d0lLUU5RcW95Sm5CNzJhcjlNVFdHTU1XWkYweUNKcjBXWTdobG4tbU9uVWV3bGc1VDJpSWNXWURtQnhSamRVLXNzSXN1SGc?oc=5) · News-Press NOW
- 2026-07-14 [Cortina serves as a cautionary tale in the use of representative evidence - Daily Journal](https://news.google.com/rss/articles/CBMivgFBVV95cUxNdEVvRFZWYXh0bUxOUTBSNEFyRTlaQXdxQmQtTExxbHd0Sng2MW9kRnFnWGJVUHpadF9KN1VTNm03T0RkeWFmWmZkNjVYMTVFaXFmTVBSZzFsbVJRSkxFQXlESUkzMElaaXlhWC1XNEJoNzlGY2txMUpqdElsSTFFemZxeEJJTzlVUGRfdHZLeVZUVHBqRGRFWXQySFJTd1cwdTRhOGdRM3Fibm90YmY0TlY4RWF2UDJFZGZCRmZR?oc=5) · Daily Journal
- 2021-04-30 [Class Certification Still Defeated Although Common Evidence of Non-Compliance - CDF Labor Law LLP](https://news.google.com/rss/articles/CBMirwFBVV95cUxPVHNGM1dxN1l6cXk0NEMxbWl1emVnNndrOFc1ZlFMc3QyUnpaSDYySFU4Rks0WF9YUXFNVXNjRlFDN25MQzh2QU9URTNRUWhJZF8xQVA1aS1aS0Q3aEtJNWxmelZpclhsckM2cHdLYWtFSHliNUNCVjMxNzRnRHlObVUzb2dEUGEySlhsaWVBZzJ0MW0tM043YlFDX2RrTUhuYTdmZHNnd0c0Z19QQngw?oc=5) · CDF Labor Law LLP
- 2026-06-03 [Mailing an EMAP notice clears a Connecticut foreclosure, court tells mortgage servicers - mpamag.com](https://news.google.com/rss/articles/CBMi6AFBVV95cUxONTRJRXFvamZMX29kVFFXVGl1aGtZQktVTDU0QlVoR0h5QTY2bEprUUs1dkI5SHB0ZnUwR1p5Z191VGYzSFdITjNaeTRwQlVoSE1PSGI3QUsxTU91T0FRSllXWmxmUUJtSjdiOHluN2NPNEgyUmFrbjhJc2NLeGdyTEpUaDlKTVNVQTE3dE1TblZjQ2lzZzBTUjJ6cXkyZEpNRW1jalNnbkVpMHdfUHFjdGhXMU90eUZmN3FxRHEyLWl1QnNhV2diMThEb3ZnaFRTdGtOVnRYNFQtbG8zUC1FNzN2X2dnQkUw?oc=5) · mpamag.com
- 2024-01-19 [California Supreme Court Holds Trial Courts Do Not Have Authority to Dismiss PAGA Claims For Manageability Concerns - California Employment Law Report](https://news.google.com/rss/articles/CBMi_gFBVV95cUxNbkNscW5wck0xUkRvM0l1ZnctX19xRXhkejRsTHVsNXRaODVtejU3WmFxMzJqN3QwcXJvV1pFOXdXMll5dm84akNDdFF4dUJMakVKMHFVXzZrRWRIQVRWQVNDdENxeXlPQ00tcWdzaVAzckNQQy1wcWljQ0E0bW1mNG1XWEVTOEVhVjh2bUhubkpBTnpKYkZ4aWlwVWFtSkxicHdXQW1nS2hsdDkyMUVCS0tlSjJmM09pemU3eF9kWnlIZ0dEUXFzMEtMY0FJSWtpa1Y5RGZUWW1DeDRPWE9fendUTEo3cXhLNlVWMFNnb3hkeWJiOTYyTUtzNEQtQQ?oc=5) · California Employment Law Report
- 2025-10-11 [Westmoreland County Real Estate Transfers - The Latrobe Bulletin](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQQVAzUzVyeFEzek1yeFlRMFhvSUpwbnRzbUVuZ1FxeDFzdzh6N0xESTA2OHJmcTZPSEsteFhGWktWOGdQZ0JBNTN6bGdoS1paekxWMFM3bVhrbktiWGNvYWpqQUxaZXp1ZXZOSW9OQzRiVWhTNHFXcWYwSXlCenZTWktHMjV6YVF3YmFkTVBHalFjdWVfTFVaSHVNR3hranhCcGllUXNkMXNQWFZwS3dheWM4ZE5lTUtvay1Kb0JVeF9WcFJLc2sySjh5UjVOcnNBNnBGSy00QS1ja18w?oc=5) · The Latrobe Bulletin
- 2025-05-29 [Broken Arrow murder-suicide: another family wiped out - Broken Arrow Sentinel](https://news.google.com/rss/articles/CBMiggFBVV95cUxNeTNxT2pvU19WaXo5VHJJREFIaVhPdnlxUmExZjN2a3lMOXBxN0RXZWFlNTJOYy15ZXdDNmc1YktocTREaVVTUnNkRDBPUUMxalYxTEF5ajY1eGdPZGZXeDVTdFZpOFZRblJWUzJTYzNJUkhNQ19wd2J4Sm0wRnR0NjVn?oc=5) · Broken Arrow Sentinel
- 2023-11-08 [Janus Henderson Securitized Income ETF Holdings - Quiver Quantitative](https://news.google.com/rss/articles/CBMihAFBVV95cUxNZE5aTTIxeUZOV1U3V0V1VEJRUUtXRW1hRmJuZW9LeXBaczVkZkNsSy1ubHV1cTZkcHJWWkQ2VnhnT3pJR0NEZERENlhUQmw5Mk13U1luTGt0Q2ZzeDEyUldqVmNIODhkSUU3Ymx1dlE5ZEkyZFhEcXp1TEZLOTc3SDVBXzU?oc=5) · Quiver Quantitative

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6548 (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/20.json (key "6548", 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.

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