Bank Report Cards: Top 10 Roll Call for 2011

Ever wonder what are the top banks operating in the U.S.?  The rankings below are conducted on based on the FDIC data from all the insured banks currently operating in the country.  We consider each bank individually based on its FDIC Certificate ID, so there might be more than one bank on each list that belong to the same bank holding company.  The data used is current as of December 31, 2010.

TOP 10 BY TOTAL ASSET
This list is a ranking of banks via their total asset.  
  1. JPMorgan Chase Bank, National Association ($1,631,621,000,000)
  2. Bank of America, National Association ($1,482,278,257,000)
  3. Citibank, National Association ($1,154,293,000,000)
  4. Wells Fargo Bank, National Association ($1,102,278,000,000)
  5. U.S. Bank National Association ($302,259,544,000)
  6. PNC Bank, National Association ($256,638,747,000)
  7. The Bank of New York Mellon ($181,855,000,000)
  8. HSBC Bank USA, National Association ($181,118,463,000)
  9. TD Bank, National Association ($168,748,912,000)
  10. SunTrust Bank ($162,509,568,000)

TOP 10 BY NORMALIZED NET INCOME1
This list ranks the banks by their normalized net income.  This measurement neutralizes the effect of the bank's size on its nominal net income, so that the Bank of America, National Association will be put up on the same scale as the California Community Bank.
  1. American Express Centurion Bank (4.48%)
  2. GE Money Bank (3.74%)
  3. Capital One Bank (USA), National Association (3.15%)
  4. USAA Savings Bank (2.95%)
  5. OneWest Bank, FSB (2.88%)
  6. Bank of America Oregon, National Association (2.47%)
  7. American Express Bank, FSB (2.30%)
  8. Chase Bank USA, National Association (2.18%)
  9. Wells Fargo Bank Northwest, National Association (2.14%)
  10. Bank of America, Rhode Island, National Association (1.93%)

TOP 10 BY DELINQUENT ASSET CONCENTRATION1,2
This list captures the top 10 banks with the highest delinquent asset concentration.  This measurement neutralizes the effect of the bank's size on its nominal delinquent asset, so that the Bank of America, National Association will be put up on the same scale as the California Community Bank.
  1. EverBank (16.73%)
  2. Banco Popular de Puerto Rico (13.58%)
  3. Metlife Bank, National Association (8.74%)
  4. FIA Card Services, National Association (8.07%)
  5. Wells Fargo Bank, National Association (7.76%)
  6. Citibank (South Dakota), National Association (7.53%)
  7. Wells Fargo Bank South Central, National Association (6.90%)
  8. Wells Fargo Bank Northwest, National Association (6.74%)
  9. First-Citizens Bank & Trust Company (6.60%)
  10. Capital One Bank (USA), National Association (6.01%)

TOP 10 BY ASSET:LIABILITY RATIO1
Logically, when a bank's liabilities exceed its assets, the bank is insolvent.  It is observed that the FDIC starts to take action against banks even before they become totally insolvent.  This list is a ranking of the top 10 banks in the U.S. (of the 100 largest) by their Asset:Liability Ratio.
  1. Barclay Bank Delaware (137.24%)
  2. GE Money Bank (133.22%)
  3. BNY Mellon, National Association (127.55%)
  4. Deutsche Bank Trust Company Americas (126.80%)
  5. Goldman Sachs Bank USA (126.57%)
  6. USAA Savings Bank (126.29%)
  7. American Express Centurion Bank (124.48%)
  8. Chase Bank USA, National Association (123.91%)
  9. Compass Bank (123.68%)
  10. Capital One, National Association (123.60%)

TOP 10 BY REAL ESTATE ASSET CONCENTRATION1
With the current financial turbulence fueled by real estate backed securities and the falling real estate prices, real estate loans are considered very risky.  This list of banks are the top 10 by their asset concentrations in real estate loans.
  1. Bank of America, California, National Association (96.10%)
  2. Wells Fargo Bank South Central, National Association (95.49%)
  3. Bank of America Oregon, National Association (94.20%)
  4. Citicorp Trust Bank, FSB (88.89%)
  5. Third Federal Savings and Loan Association of Cleveland (88.74%)
  6. Bank of America, Rhode Island, National Association (86.68%)
  7. JPMorgan Bank and Trust Company, National Association (80.46%)
  8. Astoria Federal Savings and Loan Association (78.85%)
  9. First Republic Bank (76.63%)
  10. New York Community Bank (70.76%)

Notes:
1. In order to achieve greater relevance in the research result, we restrict ourselves to the 100 largest banks in the nation for this Top 10 List.
2. The delinquent asset ratio is weighted.  Different weights are tag on to assets delinquent for 30-89 days and for 90+ days.