If you want some impartial analysis about local and national banks, you should head over to Weiss Research. The folks at Weiss is offering free access to the banks on their trouble list as well as the top rated banks by state. Unlike Standard and Poors, Moody’s, and A.M. Best, Weiss Ratings is not paid by the companies they are rating.
The other agencies have an enormous conflict of interest since a bad rating on an institution could mean their revenue dries up. Imagine going into work on Monday and telling your boss she is overweight, obnoxious, ignorant. ugly, and Gomer Pylish. You probably wouldn’t keep your job for long, which is why the ratings agencies are pretty useless. Weiss makes its revenue from subscribers to the service, not the rated companies. So you get better advice. The Weiss list goes through each state, but I am only listing the banks in Florida and Maryland since I have offices in both locations. I strongly recommend you spend a few minutes to get this information.
If your bank is not on the naughty or nice list, then it is probably a middle of the road bank. Also, just because a bank is on one of these lists does not mean it will go under (for the troubled list) or will survive (good boy list). Also, if you bank at one of the big boys such as Bank of America, Citi, Wells Fargo, etc., you can probably bet your bank is on the troubled list.
The list goes by the name of the bank, the city location, assets (in $000s), and grade. You might notice that the good banks are outnumbered by the bad boys. Without further adieu…
The top ranked banks in Maryland:
| Calvin B. Taylor Banking Company of Berlin, Maryland | Berlin |
MD
|
$388,240
|
A-
|
| Jarrettsville Federal Savings & Loan Association | Jarrettsville |
MD
|
$89,069
|
B+
|
| Middletown Valley Bank | Middletown |
MD
|
$140,670
|
A
|
| Rosedale Federal Savings & Loan Association | Baltimore |
MD
|
$649,156
|
A+
|
The top graded banks in Florida:
| Bank of Belle Glade | Belle Glade |
FL
|
$66,880
|
B+
|
| Drummond Community Bank | Chiefland |
FL
|
$174,270
|
A+
|
| First Federal Bank of Florida | Lake City |
FL
|
$833,227
|
A
|
| Peoples Bank of Graceville | Graceville |
FL
|
$74,150
|
A
|
Now for the stinkers in Maryland:
| Advance Bank | Baltimore |
MD
|
$76,216
|
D
|
| American Bank | Bethesda |
MD
|
$507,966
|
D
|
| Bank of the Eastern Shore | Cambridge |
MD
|
$233,210
|
D-
|
| BankAnnapolis | Annapolis |
MD
|
$444,310
|
D+
|
| Bay National Bank | Lutherville |
MD
|
$292,940
|
E-
|
| Carrollton Bank | Columbia |
MD
|
$422,350
|
D+
|
| Cecil Bank | Elkton |
MD
|
$508,810
|
D-
|
| CFG Community Bank | Baltimore |
MD
|
$249,150
|
D
|
| Chesapeake Bank of Maryland (MHC) | Baltimore |
MD
|
$202,327
|
D+
|
| Colombo Bank | Rockville |
MD
|
$164,077
|
E+
|
| CommerceFirst Bank | Annapolis |
MD
|
$200,370
|
D
|
| Damascus Community Bank | Damascus |
MD
|
$230,690
|
D+
|
| Eastern Savings Bank, FSB | Hunt Valley |
MD
|
$920,355
|
D-
|
| Easton Bank & Trust | Easton |
MD
|
$158,040
|
D+
|
| Farmers Bank of Willards | Willards |
MD
|
$334,410
|
D-
|
| First Mariner Bank | Baltimore |
MD
|
$1,379,910
|
E-
|
| First United Bank & Trust | Oakland |
MD
|
$1,736,890
|
D+
|
| Fullerton Federal Savings Association | Baltimore |
MD
|
$9,042
|
D
|
| Harbor Bank of Maryland | Baltimore |
MD
|
$304,560
|
D-
|
| HarVest Bank of Maryland | Gaithersburg |
MD
|
$227,690
|
E+
|
| Hebron Savings Bank | Hebron |
MD
|
$446,040
|
D+
|
| Howard Bank | Ellicott City |
MD
|
$286,220
|
D+
|
| Hull Federal Savings Bank | Baltimore |
MD
|
$25,993
|
D-
|
| Ideal Federal Savings Bank | Baltimore |
MD
|
$6,315
|
E+
|
| K Bank | Owings Mills |
MD
|
$612,260
|
E-
|
| Liberty Federal Savings & Loan Association | Baltimore |
MD
|
$47,668
|
D
|
| Madison Square Federal Savings Bank | Baltimore |
MD
|
$147,434
|
D
|
| Maryland Bank & Trust Company NA | Lexington Park |
MD
|
$349,330
|
D-
|
| Maryland Financial Bank | Towson |
MD
|
$83,190
|
D
|
| NBRS Financial Bank | Rising Sun |
MD
|
$276,050
|
D-
|
| New Windsor State Bank | New Windsor |
MD
|
$233,990
|
D-
|
| Patapsco Bank | Dundalk |
MD
|
$260,380
|
D-
|
| Peoples Bank | Chestertown |
MD
|
$254,380
|
D+
|
| Presidential Bank, FSB | Bethesda |
MD
|
$604,222
|
D
|
| Regal Bank & Trust | Owings Mills |
MD
|
$176,390
|
D-
|
| Sandy Spring Bank | Olney |
MD
|
$3,631,190
|
D+
|
| Severn Savings Bank, FSB | Annapolis |
MD
|
$962,420
|
D+
|
| Sykesville Federal Savings Association | Sykesville |
MD
|
$93,514
|
D-
|
| Vigilant Federal Savings Bank | Baltimore |
MD
|
$56,710
|
D-
|
| Washington Savings Bank, F.S.B. | Bowie |
MD
|
$430,216
|
D-
|
| Waterfield Bank | Germantown |
MD
|
$155,566
|
F
|
| Wilmington Trust Federal Savings Bank | Baltimore |
MD
|
$2,370,357
|
D
|
,br>
And for the Sunshine State
| 1st National Bank of South Florida | Homestead |
FL
|
$282,480
|
D-
|
| Alarion Bank | Ocala |
FL
|
$309,500
|
D+
|
| American Enterprise Bank of Florida | Jacksonville |
FL
|
$202,180
|
D-
|
| American Momentum Bank | Tampa |
FL
|
$573,410
|
D+
|
| AmericanFirst Bank | Clermont |
FL
|
$90,500
|
F
|
| Anchor Commercial Bank | Palm Beach Gardens |
FL
|
$165,890
|
D-
|
| BAC Florida Bank | Coral Gables |
FL
|
$975,340
|
D
|
| Bank of Bonifay | Bonifay |
FL
|
$255,130
|
F
|
| Bank of Commerce | Sarasota |
FL
|
$337,900
|
E-
|
| Bank of Coral Gables | Coral Gables |
FL
|
$158,610
|
D-
|
| Bank of Florida – Southeast | Fort Lauderdale |
FL
|
$546,810
|
E-
|
| Bank of Florida – Southwest | Naples |
FL
|
$687,040
|
E-
|
| Bank of Florida – Tampa Bay | Tampa |
FL
|
$256,840
|
E-
|
| Bank of Jackson County | Graceville |
FL
|
$35,520
|
E+
|
| Bank of Miami, National Association | Coral Gables |
FL
|
$558,000
|
E
|
| Bank of Naples | Naples |
FL
|
$198,280
|
D-
|
| Bank of St. Augustine | Saint Augustine |
FL
|
$170,482
|
D+
|
| BankAtlantic | Fort Lauderdale |
FL
|
$4,759,686
|
D-
|
| BankFIRST | Winter Park |
FL
|
$604,250
|
D+
|
| Bay Cities Bank | Tampa |
FL
|
$483,320
|
D-
|
| Bayside Savings Bank | Port Saint Joe |
FL
|
$70,891
|
E-
|
| BBU Bank | Coral Gables |
FL
|
$262,000
|
D
|
| Beach Community Bank | Fort Walton Beach |
FL
|
$705,890
|
D-
|
| Biscayne Bank | Coconut Grove |
FL
|
$267,140
|
D-
|
| Capital City Bank | Tallahassee |
FL
|
$2,688,010
|
D-
|
| CBC National Bank | Fernandina Beach |
FL
|
$461,080
|
D-
|
| CenterBank of Jacksonville, National Association | Jacksonville |
FL
|
$184,850
|
D-
|
| Centerstate Bank Central Florida, National Association | Kissimmee |
FL
|
$300,040
|
D+
|
| CenterState Bank, N.A. | Zephyrhills |
FL
|
$362,990
|
D+
|
| Central Florida State Bank | Belleview |
FL
|
$98,170
|
D-
|
| Century Bank of Florida | Tampa |
FL
|
$75,300
|
D-
|
| Charlotte State Bank | Port Charlotte |
FL
|
$239,950
|
D+
|
| Citizens Bank & Trust | Lake Wales |
FL
|
$449,380
|
D-
|
| Citizens Bank of Florida | Oviedo |
FL
|
$227,420
|
D
|
| Citizens First Bank | The Villages |
FL
|
$1,157,990
|
D+
|
| City National Bank of Florida | Miami |
FL
|
$4,454,440
|
D+
|
| CNLBank | Orlando |
FL
|
$1,632,770
|
D-
|
| Coastal Bank | Cocoa Beach |
FL
|
$149,125
|
E+
|
| Coastal Bank and Trust of Florida | Pensacola |
FL
|
$1,777,340
|
D
|
| Coastal Community Bank | Panama City |
FL
|
$364,590
|
E-
|
| Coconut Grove Bank | Miami |
FL
|
$682,950
|
D-
|
| Columbia Bank | Lake City |
FL
|
$245,810
|
D
|
| Community Bank of Florida, Inc. | Homestead |
FL
|
$572,510
|
D-
|
| Community Bank of Manatee | Bradenton |
FL
|
$265,600
|
D-
|
| Community Bank, Destin | Miramar Beach |
FL
|
$52,350
|
D
|
| Community National Bank At Bartow | Bartow |
FL
|
$75,960
|
E-
|
| Continental National Bank of Miami | Miami |
FL
|
$251,020
|
D
|
| Cornerstone Community Bank | Saint Petersburg |
FL
|
$317,740
|
E+
|
| Cortez Community Bank | Brooksville |
FL
|
$81,970
|
D
|
| Desjardins Bank, National Association | Hallandale |
FL
|
$151,100
|
D-
|
| East Coast Community Bank | Ormond Beach |
FL
|
$92,660
|
E+
|
| Eastern National Bank | Miami |
FL
|
$465,410
|
D-
|
| Englewood Bank | Englewood |
FL
|
$189,880
|
D+
|
| Enterprise Bank of Florida | North Palm Beach |
FL
|
$315,160
|
D-
|
| Espirito Santo Bank | Miami |
FL
|
$553,020
|
D-
|
| EuroBank | Coral Gables |
FL
|
$99,140
|
D-
|
| Executive National Bank | Miami |
FL
|
$262,120
|
D-
|
| Farmers & Merchants Bank | Monticello |
FL
|
$457,480
|
D+
|
| Federal Trust Bank | Sanford |
FL
|
$562,257
|
E+
|
| Fidelity Bank of Florida, National Association | Merritt Island |
FL
|
$417,110
|
D-
|
| First America Bank | Bradenton |
FL
|
$275,650
|
D-
|
| First Avenue National Bank | Ocala |
FL
|
$101,180
|
D
|
| First Bank | Clewiston |
FL
|
$264,830
|
D
|
| First Bank and Trust Company of Indiantown | Indiantown |
FL
|
$91,290
|
D
|
| First Bank of Jacksonville | Jacksonville |
FL
|
$82,410
|
E-
|
| First Bank of the Palm Beaches | West Palm Beach |
FL
|
$82,950
|
D-
|
| First Capital Bank | Marianna |
FL
|
$51,440
|
E-
|
| First Citrus Bank | Tampa |
FL
|
$237,050
|
D-
|
| First City Bank of Florida | Fort Walton Beach |
FL
|
$293,700
|
E-
|
| First Coast Community Bank | Fernandina Beach |
FL
|
$270,320
|
D
|
| First Commercial Bank of Florida | Orlando |
FL
|
$668,770
|
D-
|
| First Commercial Bank of Tampa Bay | Tampa |
FL
|
$141,360
|
E
|
| First Community Bank of America | Pinellas Park |
FL
|
$549,339
|
D-
|
| First Community Bank of Southwest Florida | Fort Myers |
FL
|
$309,570
|
E-
|
| First East Side Savings Bank | Tamarac |
FL
|
$104,004
|
D-
|
| First Federal Bank of North Florida | Palatka |
FL
|
$393,949
|
F
|
| First Florida Bank | Destin |
FL
|
$99,510
|
D-
|
| First Guaranty Bank and Trust Company of Jacksonville | Jacksonville |
FL
|
$441,760
|
D-
|
| First Home Bank | Seminole |
FL
|
$97,150
|
D-
|
| First National Bank of Central Florida | Winter Park |
FL
|
$445,400
|
D-
|
| First National Bank of Crestview | Crestview |
FL
|
$153,130
|
D-
|
| First National Bank of Florida | Milton |
FL
|
$372,540
|
D-
|
| First National Bank of Mount Dora | Mount Dora |
FL
|
$206,700
|
D
|
| First National Bank of South Miami | South Miami |
FL
|
$337,900
|
D-
|
| First Peoples Bank | Port Saint Lucie |
FL
|
$252,760
|
E-
|
| First Southern Bank | Boca Raton |
FL
|
$393,190
|
D-
|
| First State Bank of the Florida Keys | Key West |
FL
|
$848,600
|
D
|
| Flagler Bank | West Palm Beach |
FL
|
$126,940
|
D-
|
| Flagship Community Bank | Clearwater |
FL
|
$84,990
|
D
|
| Florida Bank | Tampa |
FL
|
$813,600
|
D-
|
| Florida Bank of Commerce | Orlando |
FL
|
$169,380
|
D-
|
| Florida Business Bank | Melbourne |
FL
|
$108,940
|
D
|
| Florida Capital Bank, N.A. | Jacksonville |
FL
|
$962,890
|
E+
|
| Florida Gulf Bank | Fort Myers |
FL
|
$366,170
|
D+
|
| Floridian Community Bank, Inc. | Davie |
FL
|
$193,060
|
D-
|
| Freedom Bank of America | Saint Petersburg |
FL
|
$100,440
|
E
|
| Friends Bank | New Smyrna Beach |
FL
|
$157,920
|
D+
|
| Gateway Bank of Florida | Daytona Beach |
FL
|
$184,540
|
D
|
| Gibraltar Private Bank & Trust Co. | Coral Gables |
FL
|
$1,481,808
|
D-
|
| Grand Bank & Trust of Florida | West Palm Beach |
FL
|
$480,700
|
D-
|
| Great Eastern Bank of Florida | Miami |
FL
|
$64,680
|
D-
|
| Great Florida Bank | Miami Lakes |
FL
|
$1,772,180
|
D-
|
| Gulf Coast Community Bank | Pensacola |
FL
|
$263,920
|
D-
|
| Gulf State Community Bank | Carrabelle |
FL
|
$120,650
|
E-
|
| GulfSouth Private Bank | Destin |
FL
|
$209,060
|
D-
|
| Haven Trust Bank Florida | Ponte Vedra Beach |
FL
|
$164,430
|
E-
|
| Heartland National Bank | Sebring |
FL
|
$293,360
|
D+
|
| Helm Bank USA | Miami |
FL
|
$704,310
|
D-
|
| Heritage Bank of North Florida | Orange Park |
FL
|
$157,690
|
D-
|
| Highlands Independent Bank | Sebring |
FL
|
$321,560
|
D-
|
| Home Federal Bank of Hollywood | Hallandale Beach |
FL
|
$84,007
|
D-
|
| HomeBanc, National Association | Lake Mary |
FL
|
$270,710
|
D
|
| Horizon Bank | Bradenton |
FL
|
$199,930
|
E-
|
| Independent Bankers’ Bank of Florida | Lake Mary |
FL
|
$473,690
|
E+
|
| Independent National Bank | Ocala |
FL
|
$168,900
|
E-
|
| Insignia Bank | Sarasota |
FL
|
$133,730
|
D-
|
| Intercredit Bank, NA | Miami |
FL
|
$289,970
|
D-
|
| International Finance Bank | Miami |
FL
|
$493,710
|
D-
|
| Jacksonville Bank | Jacksonville |
FL
|
$438,370
|
D+
|
| JGB Bank, National Association | Miami |
FL
|
$295,580
|
D-
|
| Key West Bank | Key West |
FL
|
$88,031
|
F
|
| LandMark Bank of Florida | Sarasota |
FL
|
$329,400
|
E-
|
| Landmark Bank, National Association | Fort Lauderdale |
FL
|
$336,240
|
D-
|
| Legacy Bank of Florida | Boca Raton |
FL
|
$316,710
|
D-
|
| Lydian Private Bank | Palm Beach |
FL
|
$2,117,091
|
D-
|
| Mackinac Savings Bank, FSB | Boynton Beach |
FL
|
$135,798
|
D-
|
| Mainstreet Community Bank of Florida | Deland |
FL
|
$171,880
|
D-
|
| Marine Bank & Trust Company | Vero Beach |
FL
|
$160,820
|
D-
|
| Marquis Bank | North Miami Beach |
FL
|
$52,050
|
D
|
| Mercantil Commercebank, National Association | Coral Gables |
FL
|
$5,992,280
|
D-
|
| MetroBank of Dade County | Miami |
FL
|
$493,930
|
E
|
| Nature Coast Bank | Hernando |
FL
|
$58,250
|
D
|
| Ocean Bank | Miami |
FL
|
$3,961,730
|
E
|
| Oceanside Bank | Jacksonville Beach |
FL
|
$297,490
|
E-
|
| Oculina Bank | Fort Pierce |
FL
|
$121,910
|
D
|
| Old Florida National Bank | Longwood |
FL
|
$333,630
|
D
|
| Old Harbor Bank | Clearwater |
FL
|
$254,340
|
E-
|
| Old Southern Bank | Orlando |
FL
|
$336,390
|
F
|
| Olde Cypress Community Bank | Clewiston |
FL
|
$170,518
|
E-
|
| OptimumBank | Fort Lauderdale |
FL
|
$272,780
|
D-
|
| Orange Bank of Florida | Orlando |
FL
|
$301,410
|
D-
|
| Pacific National Bank | Miami |
FL
|
$397,750
|
D-
|
| Palm Bank | Tampa |
FL
|
$163,060
|
E+
|
| Paradise Bank | Boca Raton |
FL
|
$326,610
|
D-
|
| Patriot Bank | Trinity |
FL
|
$130,850
|
E-
|
| Peninsula Bank | Englewood |
FL
|
$649,970
|
E-
|
| Peoples National Bank | Niceville |
FL
|
$132,500
|
D
|
| Pilot Bank | Tampa |
FL
|
$236,070
|
D-
|
| Pinnacle Bank | Orange City |
FL
|
$219,300
|
D-
|
| Plus International Bank | Miami |
FL
|
$103,160
|
D+
|
| Premier Bank | Tallahassee |
FL
|
$422,020
|
E
|
| Premier Community Bank of the Emerald Coast | Crestview |
FL
|
$160,370
|
D
|
| Prime Bank | Melbourne |
FL
|
$72,380
|
D
|
| ProBank | Tallahassee |
FL
|
$78,470
|
D
|
| Progress Bank of Florida | Tampa |
FL
|
$125,690
|
D-
|
| Prosperity Bank | Saint Augustine |
FL
|
$927,920
|
E+
|
| Putnam State Bank | Palatka |
FL
|
$197,120
|
E-
|
| Regent Bank | Davie |
FL
|
$454,600
|
D-
|
| Reliance Bank, FSB | Fort Myers |
FL
|
$104,105
|
D
|
| Riverside Bank of Central Florida | Winter Park |
FL
|
$138,670
|
E-
|
| Riverside National Bank of Florida | Fort Pierce |
FL
|
$3,395,280
|
F
|
| Royal Palm Bank of Florida | Naples |
FL
|
$151,040
|
D+
|
| Sabadell United Bank, N.A. | Miami |
FL
|
$1,827,780
|
D-
|
| Sabal Palm Bank | Sarasota |
FL
|
$93,970
|
D-
|
| Sanibel Captiva Community Bank | Sanibel |
FL
|
$237,450
|
D-
|
| Seacoast National Bank | Stuart |
FL
|
$2,151,570
|
D-
|
| Seaside National Bank & Trust | Orlando |
FL
|
$835,430
|
E+
|
| Security Bank, N.A. | North Lauderdale |
FL
|
$172,520
|
E
|
| Shamrock Bank of Florida | Naples |
FL
|
$73,400
|
D
|
| SouthBank, A Federal Savings Bank | Palm Beach Gardens |
FL
|
$31,154
|
E-
|
| Southern Commerce Bank, National Association | Tampa |
FL
|
$227,810
|
D-
|
| SouthShore Community Bank | Apollo Beach |
FL
|
$50,810
|
E-
|
| Southwest Capital Bank, National Association | Fort Myers |
FL
|
$105,450
|
D
|
| Sterling Bank | Lantana |
FL
|
$385,310
|
E-
|
| Sun American Bank | Boca Raton |
FL
|
$535,720
|
F
|
| Sunrise Bank | Cocoa Beach |
FL
|
$130,330
|
E-
|
| Sunshine Savings Bank | Tallahassee |
FL
|
$156,711
|
D
|
| Sunshine State Community Bank | Port Orange |
FL
|
$142,510
|
E-
|
| Sunstate Bank | Miami |
FL
|
$169,410
|
D-
|
| Surety Bank | Deland |
FL
|
$133,160
|
D-
|
| Synovus Bank | Saint Petersburg |
FL
|
$1,347,150
|
D-
|
| Synovus Bank of Jacksonville | Jacksonville |
FL
|
$226,700
|
D
|
| Tallahassee State Bank | Tallahassee |
FL
|
$344,530
|
D+
|
| Terrabank, NA | Miami |
FL
|
$264,750
|
D-
|
| TIB Bank | Naples |
FL
|
$1,721,670
|
E-
|
| TotalBank | Miami |
FL
|
$1,962,120
|
D-
|
| TransAtlantic Bank | Miami |
FL
|
$538,520
|
D-
|
| TransCapital Bank | Sunrise |
FL
|
$246,900
|
D
|
| Turnberry Bank | Aventura |
FL
|
$251,684
|
E-
|
| U.S. Century Bank | Doral |
FL
|
$2,024,010
|
D-
|
| Union Credit Bank | Miami |
FL
|
$154,450
|
E
|
| Valley Bank | Fort Lauderdale |
FL
|
$136,090
|
D
|
| Valrico State Bank | Valrico |
FL
|
$201,820
|
D+
|
| Vision Bank | Panama City |
FL
|
$897,910
|
D
|
| Wakulla Bank | Crawfordville |
FL
|
$467,880
|
E-
|