Banks with the largest loan-modification balances relative to total loans in Q1 2026

Banks where the loan-modification (LMD) balance — workouts of loans to distressed borrowers under the post-CECL modification framework — represents an outsized share of total loans. High LMD concentration signals active workout activity, which can be a leading indicator of credit deterioration when modification balances rise faster than charge-offs resolve them.

Q1 202650 institutions (archived snapshot)

50 institutions reported modified loan balances above the 2% threshold in Q1 2026. UNITED BANK OF PHILADELPHIA in PA led the group with modified loans totaling $5M, or 19.9% of its portfolio, followed by FIRST SECURITY BK OF ROUNDUP in MT at 11.6%.

Modified Loan Pools

Sorted by LMD % of Loans ↓

Export CSV (Mastermind)

Rank	Institution	Source	State	LMD % of Loans	QoQ
1	UNITED BANK OF PHILADELPHIA	BANK	PA	19.9%	-0.7
2	FIRST SECURITY BK OF ROUNDUP	BANK	MT	11.6%	+1.0
3	MAINSTREET BANK	BANK	VA	6.0%	-0.3
4	FIRST STB OF SWANVILLE	BANK	MN	5.9%	-1.5
5	SCHERTZ BANK&TRUST	BANK	TX	4.9%	+0.9
6	CHICKASAW COMMUNITY BANK	BANK	OK	4.7%	-1.0
7	FIRST STATE BANK OF MALTA	BANK	MT	4.4%	-0.3
8	NANO BANC	BANK	CA	4.0%	+0.2
9	UNITY BANK	BANK	WI	3.8%	+0.2
10	FIRST NATIONAL BANK&TRUST CO	BANK	MI	3.8%	+1.7
40 more institutions match this list. Unlock metric values for every row, column sort, archives, and CSV export with Mastermind. Unlock with Mastermind

See 40 more →

Rank	Institution	Source	State	LMD % of Loans	QoQ	Trend
11	FIRST CAPITAL BANK	BANK	TX	████	████	████
12	COMMUNITY BANK	BANK	OK	████	████	████
13	RARITAN STATE BANK	BANK	IL	████	████	████
14	HAWAII NATIONAL BANK	BANK	HI	████	████	████
15	FIRST NATIONAL BANK	BANK	NM	████	████	████
16	COLUMBIA SAVINGS&LOAN ASSN	BANK	WI	████	████	████
17	SUNRISE BANK DAKOTA	BANK	SD	████	████	████
18	FIRST EXCHANGE BANK	BANK	WV	████	████	████
19	CROSS RIVER BANK	BANK	NJ	████	████	████
20	VERMONT STATE BANK	BANK	IL	████	████	████
21	SANTANDER BANK N A	BANK	DE	████	████	████
22	BANK OF GRANDIN	BANK	MO	████	████	████
23	MOODY NATIONAL BANK	BANK	TX	████	████	████
24	EAGLEBANK	BANK	MD	████	████	████
25	KENDALL BANK	BANK	KS	████	████	████
26	CITIZENS SAVINGS BANK	BANK	LA	████	████	████
27	FWBANK	BANK	IL	████	████	████
28	NORTHERN BANK&TRUST CO	BANK	MA	████	████	████
29	MERCHANTS&FARMERS BANK	BANK	AR	████	████	████
30	GRAND TIMBER BANK	BANK	MN	████	████	████
31	SAINTE MARIE STATE BANK	BANK	IL	████	████	████
32	FIRST NB OF WINNSBORO	BANK	TX	████	████	████
33	CFG BANK	BANK	MD	████	████	████
34	MIDAMERICA NATIONAL BANK	BANK	IL	████	████	████
35	FIRST FS&LA OF BATH	BANK	ME	████	████	████
36	NORTH DALLAS BANK&TRUST CO	BANK	TX	████	████	████
37	BANK NORTHWEST	BANK	MO	████	████	████
38	ANNA JONESBORO NATIONAL BANK	BANK	IL	████	████	████
39	FIRST STATE BANK OF PORTER	BANK	IN	████	████	████
40	SVG BANK OF MENDOCINO COUNTY	BANK	CA	████	████	████
41	STATE BANK OF TAUNTON	BANK	MN	████	████	████
42	INB NATIONAL ASSN	BANK	IL	████	████	████
43	CITIZENS COMMUNITY BANK	BANK	IL	████	████	████
44	WASHINGTON FINANCIAL BANK	BANK	PA	████	████	████
45	CHARTER BANK	BANK	TX	████	████	████
46	GUTHRIE COUNTY STATE BANK	BANK	IA	████	████	████
47	BANK OF ENGLAND	BANK	AR	████	████	████
48	TRI-COUNTY TRUST CO	BANK	MO	████	████	████
49	TRADITION CAPITAL BANK	BANK	MN	████	████	████
50	FINANCE FACTORS LTD	BANK	HI	████	████	████

Methodology

This card ranks banks whose loan-modification (LMD) balance, divided by total loans, meets or exceeds 0.02 (2%) and surfaces the top 50 by absolute share. Field source: FFIEC Call Report Schedule RC-C Part I Memorandum 1.g (sum of M1.a-M1.f — loans to borrowers experiencing financial difficulty modified under the CECL framework). Stored in call_report_bank_specifics.loan_modifications_distressed_balance after normalize-cdr.js. Denominator is total loans from call_report_metrics_quarterly.total_loans. TDR-to-LMD transition disclaimer: pre-2023-Q4 quarters reported "troubled debt restructurings" (TDRs) under the legacy framework. CECL adoption (FASB ASU 2022-02, effective for fiscal years beginning after Dec 15, 2022 — i.e. 2023-Q4 onward for most filers) replaced TDR designation with the broader LMD concept. Quarters before 2023-Q4 will show systematically lower LMD balances because the legacy TDR concept covered a narrower population — direct quarter-over-quarter comparison across that boundary is not apples-to-apples.

Learn more about LMD Concentration →