Emigrant Bank
Miami, Florida · FDIC Cert #57083
Emigrant Bank is an FDIC-insured bank (Certificate #57083) with $6.3B in total assets and $4.6B in total deposits as of the Q2 2024 Call Report. Headquartered in Miami, Florida, the bank maintains a Tier 1 capital ratio of 20.08% (Well-Capitalized) and a nonperforming loan ratio of 4.99%. BankHealthData assigns a composite Health Grade of D (47/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Emigrant Bank (FDIC cert 57083) is a mid-sized bank with $6.3B in total assets and $4.6B in deposits, based in Miami, Florida. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 20.08% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 4.99% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is thin: 12.3% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is thin: ROA of 0.69% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Emigrant Bank carries a composite BankHealth grade of D (47/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Emigrant Bank
- Total Assets
- $6.3B
- Total Deposits
- $4.6B
- Tier 1 Capital Ratio
- 20.08%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 4.99%
- Liquidity Ratio
- 12.29%
- Return on Assets
- 0.69%
- Headquarters
- Miami, Florida
- FDIC Certificate
- #57083
- Health Grade
- D (47/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Emigrant Bank holds a Tier 1 capital ratio of 20.08%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Emigrant Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Emigrant Bank shows some financial weakness with a Health Score of 47/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Emigrant Bank Compares
Emigrant Bank’s Health Score of 47 is 27 points below the Florida state average of 74 across 83 FDIC-insured banks. Its 20.08% Tier 1 capital ratio is 6.1 points above the US banking industry average near 14%. The 4.99% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.69% is below the national ROA benchmark of ~1.1%. Among 236 similarly-sized banks, the average Health Score is 74, meaning this bank ranks below its size cohort. Site-wide, Emigrant Bank is 23 points below the portfolio average of 70.
Frequently Asked Questions
Emigrant Bank has a Bank Health Score of D (47/100), placing it showing signs of financial stress. It holds a Tier 1 capital ratio of 20.08%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Emigrant Bank's Tier 1 capital ratio of 20.08% and nonperforming loan ratio of 4.99% indicate an elevated risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Emigrant Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #57083). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Emigrant Bank holds $6.3B in total assets and $4.6B in total deposits. It is headquartered in Miami, Florida (FDIC Certificate #57083).
Emigrant Bank has a Tier 1 capital ratio of 20.08%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 4.99%, and the return on assets is 0.69%.
Yes. Emigrant Bank is FDIC-insured (Certificate #57083). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Emigrant Bank shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.