Safest Banks in Florida 2026
Florida has 83 FDIC-insured banks with an average Bank Health Score of 74/100 (B). The safest bank is Fnbt Bank with a score of 100/100.
Data from FDIC Q2 2024
83 Florida banks are ranked below by the BankHealth composite score. The composite weights Tier 1 capital ratio (35%), inverted non-performing loan ratio (30%), liquidity ratio (25%), and return on assets (10%) into a 0-100 grade.
Top-of-list banks combine strong capital with clean loan books and reasonable profitability. Bottom-of-list banks face pressure on one or more scoring factors — most often elevated NPL ratios or thin profitability margins. Each bank links to its full profile with multi-quarter trend charts, the four composite factor breakdowns, and the underlying FDIC Call Report data.
Florida's 83 FDIC-insured banks hold a combined $286.0B in assets. Their average Bank Health Score of 74/100 sits 4.0 points above the national average of 70/100. Across the state, 70% of banks earn an A or B grade for financial health, while 12% fall to a D or F.
The largest bank headquartered in Florida is Southstate Bank NA with $45.5B in assets and a Bank Health Score of 76/100. The strongest by score is Fnbt Bank in Fort Walton Beac (100/100, Tier 1 capital 24.62%). The weakest is Anchor Bank at 40/100, dragged down by an NPL ratio of 0.36%.
All scores below come from the latest FDIC BankFind Call Report (Q2 2024). The Bank Health Score weights Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%) — the four metrics regulators watch most closely when judging whether a bank is well-capitalized. Every bank with FDIC insurance covers up to $250,000 per depositor per ownership category, but the score helps you tell apart banks that are comfortably well-capitalized from those operating closer to the line.
Top 3 Safest Banks in Florida
Fnbt Bank
Fort Walton Beac, FL
Florida's top-rated bank, with a Tier 1 capital ratio of 24.62% — well above the federal "well-capitalized" threshold of 8%. Holds $597M in assets.
First Nb Northwest Florida
Panama City, FL
Second-strongest in the state on capital and loan quality. NPL ratio sits at 0.00% with $176M in total assets.
Heartland National Bank
Sebring, FL
Third in the rankings on the Bank Health Score. Liquidity ratio of 75.77% and ROA of 2.21%.
Top 20 of 83 Banks in Florida
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Fnbt Bank | Fort Walton Beac | A | 100 | 24.62% | 0.01% |
| 2 | First Nb Northwest Florida | Panama City | A | 100 | 51.49% | 0.00% |
| 3 | Heartland National Bank | Sebring | A | 99 | 26.41% | 0.22% |
| 4 | Edison National Bank | Fort Myers | A | 98 | 24.80% | 0.00% |
| 5 | Brannen Bank | Inverness | A | 98 | 15.62% | 0.39% |
| 6 | Surety Bank | Deland | A | 97 | 25.62% | 0.46% |
| 7 | Banco Do Brasil Americas | Miami | A | 96 | 24.16% | 0.74% |
| 8 | Community Bank of the South | Merritt Island | A | 96 | 21.69% | 0.00% |
| 9 | Peoples Bank of Graceville | Graceville | A | 95 | 29.43% | 0.01% |
| 10 | Pacific National Bank | Miami | A | 95 | 16.25% | 0.02% |
| 11 | Capital City Bank | Tallahassee | A | 95 | 14.51% | 0.20% |
| 12 | United Southern Bank | Umatilla | A | 94 | 16.15% | 0.46% |
| 13 | First Stb of the Fl Keys | Key West | A | 93 | 16.95% | 0.23% |
| 14 | Bank of Tampa | Tampa | A | 93 | 14.22% | 0.28% |
| 15 | Bank of Pensacola | Pensacola | A | 93 | 21.07% | 0.00% |
| 16 | Madison Cnty Cmty Bank | Madison | A | 92 | 15.44% | 0.42% |
| 17 | Finemark National Bank&Trust | Fort Myers | A | 92 | 17.26% | 0.04% |
| 18 | Grove Bank&Trust | Miami | A | 92 | 17.17% | 0.00% |
| 19 | Helm Bank USA | Miami | A | 91 | 29.08% | 0.95% |
| 20 | First Colony Bank of Florida | Maitland | A | 90 | 12.10% | 0.00% |
Bank Health Scores for Florida are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Fnbt Bank in Fort Walton Beac is currently the safest bank in Florida with a score of 100/100 (Grade A). It posts a Tier 1 capital ratio of 24.62% and a nonperforming loan ratio of 0.01%.
Florida has 83 FDIC-insured banks with a combined $286.0B in total assets. The average Bank Health Score across the state is 74/100 (Grade B).
Florida's average Bank Health Score of 74/100 is 4.0 points above the national average of 70/100. 70% of banks in Florida earn an A or B grade, compared with the national average grade of B.
Of 83 FDIC-insured banks headquartered in Florida, 34 earn an A, 24 a B, 15 a C, 10 a D, and 0 an F. The most common grade is B.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health. Every score uses the latest FDIC Call Report data.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).