NPL Explorer™Data current as of Q4 2025
Distressed Banks — quarterly call-report signals
NPL Explorer surfaces FDIC-insured banks showing signs of loan distress — high Texas Ratio, rising non-performing loans, and OREO accumulation — using quarterly FDIC call-report data, so note investors can source distressed debt before the market does.
Insights
★ This quarter's signal
CROSS-TYPE
Capital-Pressured Institutions
50
50 institutions showed capital levels below peer medians in Q4 2025, with BYKOTA in NY deviating +26.0pp below its peer group, followed by WEDEVELOPMENT in MO at +24.3pp below and FIRST&PEOPLES BANK&TRUST CO in KY at +17.6pp below.
Details
- BYKOTA · NY
- WEDEVELOPMENT · MO
- FIRST&PEOPLES BANK&TRUST CO · KY
Banks (FDIC-insured) raise the capital-pressure flag when Tier 1 leverage ratio drops below 5% OR total risk-based capital ratio drops below 10%. Credit unions (NCUA-chartered) raise the flag when the net worth ratio drops below 7% (PCA "adequately capitalized" floor). Within flagged institutions, we sub-rank by deviation from the size-cohort peer median nonperforming-loan ratio.
Charge-Off Velocity by Category
50
In Q4 2025, 50 institutions reported Commercial & industrial charge-offs.
Details
- STATE EXCHANGE BANK · OK
- NANO BANC · CA
- FARMERS STATE BANK · KS
Outliers vs Peer Cohort
50
In Q4 2025, three institutions showed nonperforming loan rates far above their peer cohort median of 0.71%: ALLOY EMPLOYEES in WI reached 69.11%, MT ZION WOODLAWN in OH hit 45.82%, and NRS COMMUNITY DEVELOPMENT in AL posted 43.46%, representing deviations of +68.40pp, +45.12pp, and +42.75pp respectively.
Details
- ALLOY EMPLOYEES · WI
- MT ZION WOODLAWN · OH
- NRS COMMUNITY DEVELOPMENT · AL
Recent Acquirers
50
Over the 24-month lookback period ending Q4 2025, 50 acquisitions were completed or announced.
Details
- CAPITAL ONE NATIONAL ASSN · VA
- HUNTINGTON NATIONAL BANK · OH
- PINNACLE BANK · TN
NPL Volume Leaders by Category
50
In Q4 2025, 50 banks reported Commercial & industrial nonperforming loans.
Details
- LIVE OAK BANKING CO · NC
- CIBC BANK USA · IL
- WEBSTER BANK NATIONAL ASSN · CT
Modified Loan Pools
50
50 institutions reported loan modifications exceeding 2% of total loans in Q4 2025.
Details
- YOUNG AMERICANS BANK · CO
- CITY NB OF SAN SABA · TX
- UNITED BANK OF PHILADELPHIA · PA
OREO Accumulators
50
In Q4 2025, 50 institutions reported increases in other real estate owned (OREO).
Details
- FIRSTIER BANK · NE
- COWBOY STATE BANK · WY
- DRAKE BANK · MN
How we calculate this
Texas Ratio = (non-performing assets + OREO) ÷ (tangible common equity + loan-loss reserves);
Non-performing loans % = (nonaccrual + 90-days-past-due loans) ÷ total loans. Charge-off ratio = net charge-offs ÷ average loans.
Figures are derived from quarterly FDIC call reports and FFIEC Central Data Repository filings — public-domain U.S. Government data. Methodology maintained by Robert Hytha, mortgage-note investor since 2011.
Frequently asked questions
What is a non-performing loan?
A non-performing loan (NPL) is a loan whose borrower has stopped making scheduled payments — typically 90 or more days past due, or on nonaccrual status. Banks carrying rising NPLs often sell them at a discount to recover capital, which is where note investors source distressed debt.
How do I find banks selling distressed debt?
Start with the institutions showing the most loan distress — a high Texas Ratio, rising non-performing loans, and growing other real-estate-owned (OREO). NPL Explorer ranks every FDIC-insured bank on these quarterly call-report signals so you can identify likely sellers before they come to market.
Where does this data come from, and how current is it?
Every metric is derived from quarterly FDIC call reports and FFIEC Central Data Repository filings — the same regulatory data banks are required to file. NPL Explorer refreshes each quarter; the figures shown reflect the most recently completed reporting quarter.