Flagship Bank: how it compares with its peers
Against 24 FL banks with half to twice its assets, Flagship Bank's strongest measure in Q2 2026 is assets per employee ($10.7M vs. a $8.1M peer median). Its weakest relative measure is net interest margin (3.42% vs. 3.67%).
| Measure | Flagship Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.96% | 1.24% | Bottom third Ahead of 29% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.42% | 3.67% | Bottom third Ahead of 25% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.30% | 61.83% | Middle third Ahead of 54% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.7M | $8.1M | Top third Ahead of 83% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.06% | 74.26% | Context |
What it means for lending operations
Its efficiency ratio of 60.30% is better than the 61.83% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Anchor Bank Palm Beach Gardens, FL · $806M
- First Bank Clewiston, FL · $811M
- United Southern Bank Umatilla, FL · $843M
- Axiom Bank, National Association Maitland, FL · $732M
- Florida Capital Bank, National Association Jacksonville, FL · $713M
- Terrabank, National Association Coral Gables, FL · $898M
Questions about Flagship Bank
How big is Flagship Bank?
Flagship Bank, established in 2006, is headquartered in Clearwater, FL. It reported $803M in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is Flagship Bank's return on assets?
0.96% annualized in Q2 2026, against a 1.24% median for 24 FL banks with half to twice its assets, ahead of 29% of them.
What is Flagship Bank's efficiency ratio?
60.30% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 61.83%, and lower is better.
Is Flagship Bank growing its loans?
Net loans grew 12.4% over the year to Q2 2026, while deposits grew 11.5%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are FL banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Florida bank ranked.