Not all banks are required to estimate the uninsured deposits they hold, but those that are reported a total amount of all uninsured estimates exceeding $7.5 trillion at June 30, 2025.

The majority of banks reporting uninsured deposits are well run and well-rated by Bauer.

However, there are 55 banks that are rated less than 4-Stars by Bauer that reported estimated uninsured deposits of well over $500 billion (combined). Continue reading to find out which banks and, more importantly, how you can protect yourself.

Are Your Deposits Fully Insured?

Only banks with more than $1 billion in deposits are required to estimate how much they have in uninsured deposits on their quarterly call reports. With June 30, 2025 data, 96% of those banks reported having estimated uninsured deposits. 4-Star JPMorgan Chase Bank N.A., Columbus, OH (628), the nation’s largest bank, has the largest amount, by far, at $1.225 trillion. Twelve other Big Banks reported more than $100 billion each, but none other comes close to that trillion-dollar mark.

(If you are unsure of your deposit insurance status, the FDIC has an estimator available on its website: EDIE. Just remember, the information it provides is only as good as the information you feed it, so follow the instructions carefully.)

You may recall, JPMorgan Chase Bank acquired the $232.944 billion asset First Republic Bank, San Francisco, CA, one of the big high-profile bank failures of 2023. First Republic had $104.474 billion in total domestic deposits. Of that, $50.841 billion was estimated to exceed deposit insurance limits. While the other acquirers of that fateful spring have worked diligently to lower their uninsured’s risk, JPMorgan Chase Bank has increased its own uninsured estimates by 12%, while its total deposits increased by 6.5% in the last two years.

Of the three large bank failures of the Spring of 2023:

Acquiring/Acquired Bank  (all $ mils)	Uninsured  Pre-Acquisition	Uninsured Post-Acquisition	Uninsured at 6/30/25
JPMorgan Chase Bank NA/	$1,092.458	$1,088.824	$1,225.122
First Republic Bank, CA	$50.841	N.A.	N.A.
Flagstar Bank, N.A./	$19.595	$31.410	$16.517
Signature Bank, NY	$79.459	N.A.	N.A.
First-Citizens B&TC/	$28.830	$69.717	$57.805
Silicon Valley Bank, CA	$151.592	N.A.	N.A.

JPMorgan Chase Bank is one of eight “Globally Systemically Important” (GSIB) U.S. banks. These banks were large recipients of the deposit re-locations that occurred during the 2023 panic.

They are far from alone, however. Since the third quarter of 2023, after it was decided that all depositors of these three failed banks would be made whole, the total amount of estimated uninsured deposits at U.S. banks has increased more than 10½%.

The total amount of all uninsured estimates now exceeds $7.5 trillion. That’s a 9.4% increase in just the past year and more than twice the growth rate of total deposits. Most banks reporting these uninsured deposits are recommended by Bauer (i.e. rated 5-Stars or 4-Stars).

Another 47 are rated either 3½-Stars (Good) or 3-Stars (Adequate), but eight are rated 2-Stars and as such, can be found on Bauer’s Troubled and Problematic Bank (T&P) Report. All 55 banks can be found on page 5 of this week's issue of Jumbo Rate News. Estimated uninsured deposits at these 55 banks is well north of $500 billion.

3½-Star is a good star-rating; 3-Stars is adequate, but we’d like to take a deeper look into a couple of the banks holding uninsured deposits that are also on Bauer’s T&P Report (i.e. rated 2-Stars or below).

2-Star SouthPoint Bank, Birmingham, AL (58088) reported $218 million in estimated uninsured deposits at June 30, 2025, down $25 million from the first quarter ‘25 and over $108 million from a year earlier. SouthPoint Bank relies fairly heavily on brokered deposits (brokered deposits represent over 26% of the total). That can contribute to higher uninsured deposits, particularly if the broker doesn’t check the financial status of the bank each quarter.

At the close of 2024, the then 3½-Star SouthPoint Bank was still considered “well-capitalized” by regulatory standards, but Bauer was already noticing problems with deteriorating loan quality. By March 31, 2025, when its Leverage capital ratio (CR) dropped below 7%, its Bauer’s adjusted CR dropped (well) below 5% and its Texas Ratio exceeded 35%, SouthPoint Bank was downgraded to 2-Stars, which is where it remains today.

SouthPoint dropped from 4-Stars to 2-Stars in just two quarters. While this is a very rare situation, it can happen. It drives the point home that depositors should check their bank (and credit union) star-ratings every quarter, especially if they have deposits over the insurance limit.

2-Star Patriot Bank, N.A., Stamford, CT (33928) is a totally different story. Between 2018 and 2021, Patriot Bank was  fixture on Bauer’s Troubled and Problematic Bank Report as well. Then, for three years, it began to improve. It never made it back to a recommended status but was rated 3-Stars or 3½-Stars for those 12 quarters.

Then, with June 30, 2024 data, its nonperforming loans shot up. The following quarter it was downgraded to 2-Stars. By the end of 2024, Patriot Bank’s Bauer’s adjusted CR was just 3.77% and its Texas Ratio was flirting with 50%. We were not the only ones to notice, and Patriot Bank was put under an enforcement action that required a new capital plan and higher minimum capital ratios.

Patriot Bank was required to achieve these new ratios by February 28th of this year, and it did. However, until it can make more overall improvement on its loan quality and profitability, it will remain a 2-Star bank.

Nobody wants to see depositors lose their life savings, or businesses lose their payroll, but reforming deposit insurance coverage in a manner that will balance the risk for individuals and corporations with systemic risk in the overall financial system and make all concerned parties happy, is going to be a challenge.

The topic is very much at the forefront now. In fact, the House of Representatives Financial Institutions Subcommittee is scheduled to conduct a Hearing on Thursday, October 9, 2025, entitled: “The Future of Deposit Insurance: Exploring the Coverage, Costs, and Depositor Confidence”. We don’t know if this will happen on schedule in the face of a government shutdown. Hopefully, something meaningful will come out of it, when it does happen.