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Data through Q3 2026 · 4,200 institutions
Regulatory profile
S Burlington, VT · FDIC certificate #59298
BUSINESS BANK THE is an FDIC-insured institution based in S Burlington, VT (FDIC certificate #59298). In its Q3 2026 Call Report it reported total assets of $389M, total deposits of $317M and net loans of $273M. Its primary federal regulator is FDIC.
Plain-language readout
BUSINESS BANK THE has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $389M in Q3 2026 and were lowest at $287M in Q1 2026.
Total deposits were highest at $317M in Q3 2026 and lowest at $251M in Q1 2026.
Over the whole period total assets rose 35.8%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $389M | $317M | $273M | -0.23% | -2.04% | 3.01% |
| Q2 2026 | $352M | $311M | $235M | -0.33% | -2.79% | 3.04% |
| Q1 2026 | $287M | $251M | $205M | -0.15% | -1.27% | 3.11% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $68.0M | $33.3M | +$34.7M | +104.3% |
| Federal funds sold | $0K | $0K | $0K | n/a |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $45.4M | $45.5M | -$181K | -0.4% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $234.8M | $205.3M | +$29.5M | +14.4% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $2.2M | $777K | +$1.4M | +183.4% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $1.9M | $1.8M | +$24K | +1.3% |
| Total assets | $352.2M | $286.7M | +$65.5M | +22.8% |
| Liabilities | ||||
| Total deposits | $310.8M | $250.7M | +$60.0M | +23.9% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $0K | $0K | $0K | n/a |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $2.2M | $974K | +$1.2M | +123.5% |
| Total liabilities | $313.0M | $251.7M | +$61.2M | +24.3% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $4.8M | $4.3M | +$491K | +11.4% |
| Surplus | $45.8M | $40.5M | +$5.4M | +13.3% |
| Retained earnings | -$7.6M | -$7.2M | -$395K | -5.5% |
| Accumulated other comprehensive income | -$857K | -$671K | -$186K | -27.7% |
| Other equity components | -$3.0M | -$1.9M | -$1.1M | -55.3% |
| Total equity capital | $39.2M | $35.0M | +$4.2M | +12.1% |
| Credit and capital | ||||
| Gross nonperforming assets | $211K | $0K | +$211K | n/a |
| Adjusted nonperforming assets | $211K | $0K | +$211K | n/a |
| Tangible equity plus allowance | $41.7M | $37.1M | +$4.6M | +12.5% |
| Texas ratio (gross) | 0.51% | 0.00% | +0.51 pts | See points |
| Texas ratio (adjusted) | 0.51% | 0.00% | +0.51 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 0.51% | 0.00% | +0.51 pts | See points |
| Tier 1 capital to risk-weighted assets | 14.74% | 15.57% | -0.83 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 14.74% | 15.57% | -0.83 pts | See points |
| Tier 2 capital to risk-weighted assets | 0.96% | 0.96% | +0.00 pts | See points |
| Total risk-based capital to risk-weighted assets | 15.70% | 16.53% | -0.83 pts | See points |
| Tier 1 leverage (approximate) | 12.40% | 12.45% | -0.04 pts | See points |
| Construction and land loans to total capital | 44.20% | 45.15% | -0.95 pts | See points |
| Commercial real estate to total capital | 310.60% | 333.54% | -22.94 pts | See points |
| Dividend payout, year to date | Not reported | Not reported | Not reported | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -2.74% | -2.46% | -0.28 pts | See points |
| Liquidity | ||||
| Core deposits | $273.6M | $224.7M | +$49.0M | +21.8% |
| Non-core funding | $37.2M | $26.1M | +$11.1M | +42.5% |
| Loans to core deposits | 86.72% | 92.30% | -5.58 pts | See points |
| Loans to deposits | 76.35% | 82.71% | -6.36 pts | See points |
| Brokered deposits share of deposits | 11.86% | 10.27% | +1.58 pts | See points |
| Pledged securities share of securities | 68.24% | 68.14% | +0.10 pts | See points |
| Loans pledged, share of loans | 65.17% | 57.31% | +7.86 pts | See points |
| Volatile liabilities | $37.2M | $26.1M | +$11.1M | +42.5% |
| Earnings | ||||
| Earnings before provision, year to date | $28K | $3K | +$25K | +833.3% |
| Earnings before provision, single quarter | $25K | $3K | +$22K | +733.3% |
| Provision for credit losses, year to date | $507K | $88K | +$419K | +476.1% |
| Yield and cost | ||||
| Yield on loans and leases | 6.14% | 6.06% | +0.08 pts | See points |
| Yield on interest-bearing balances due from banks | 3.71% | 3.65% | +0.06 pts | See points |
| Total interest income to average assets | 5.33% | 5.29% | +0.04 pts | See points |
| Cost of interest-bearing transaction accounts | 2.67% | 2.58% | +0.09 pts | See points |
| Cost of savings and money market deposits | 3.22% | 2.22% | +1.00 pts | See points |
| Cost of time deposits | 2.79% | 2.57% | +0.22 pts | See points |
| Total interest expense to average assets | 2.36% | 2.24% | +0.13 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $389M | $317M | $273M | -0.23% | -2.04% | 3.01% |
| 2026-06-30 | $352M | $311M | $235M | -0.33% | -2.79% | 3.04% |
| 2026-03-31 | $287M | $251M | $205M | -0.15% | -1.27% | 3.11% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| VT | $242.7M | 1.30% | 17 | Continuing · +0.26 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.