The state of Oregon is home to 40 banks that are insured by the federal deposit insurance corporation and that operate within the state. Of this amount, 15 of these banks are headquartered in the state and therefore can be considered Oregon-based banks. Banks operating within the state had in total $40 billion of assets, $35 billion of deposits and $27 billion of loans outstanding as of this writing. Looking at the asset composition of banks in Oregon, residential mortgages made up 15% of the assets managed by these banks. In addition to this, these banks in total employ 5,172 people within the state. This represents 0.1% of the population.

Density of Banks in Oregon

Banks in Oregon currently have a total of 817 branches located within the state. This equates to 1.9 branches per 10,000 people in Oregon.  Comparing the banks in Oregon to banks operating in other states on this measure, Oregon ranks 45th out of 52 states and territories in terms of branches per capita.  Another way to view this is by looking at the physical accessibility. On this basis, banks in Oregon had on average 0.9 branches per 100 square miles. As a result, Oregon ranks 43rd out of 52 states and territories in terms of most branches per square mile.

Performance of Banks in Oregon

performance-of-banks-in-Oregon

  • Net Interest Margin – banks in the state of Oregon are on average above the average bank’s net interest margin in the United States. This is for FDIC-insured banks only. Overall, the net interest margin for banks in Oregon is ranked 13rd out of the 52 states and main territories in the United States.
  • Return on Assets – in terms of this important return metric, banks in this state are on average higher than the national average. Altogether the Return on Assets for the banks in Oregon is ranked 13rd out of the 52 states and main territories in the country.
  • Return on Equity – banks in the state of Oregon are on average generating a higher return on equity than the average bank in the United States. In total, the return on equity for banks in Oregon is ranked 10th out of the 52 states and main territories in the United States.
  • Loan to Deposit – Banks in this state are on average below the national average when it comes to loan to deposit. Loan to deposit ratio is a good way to assess the liquidity of a bank. Lower is better as it means that a bank is funding more of its lending activities with its deposit base. Banks in Oregon are ranked 12nd out of the 52 states and main territories in the country when it comes to loan to deposits.
  • Nonperforming Assets – this metric gives us an idea of the quality of a bank’s assets and their performance. Banks in this state are on average better than the national average when it comes to nonperforming assets. We’re specifically looking at the level of nonperformance among the asset base. A higher figure indicates lower quality. Overall, banks in Oregon are ranked 4th out of the 52 states and main territories in the country when it comes to the percentage of their assets that are nonperforming.

5 Largest Banks in the state of Oregon

deposit-market-share-of-banks-in-Oregon

As of this writing U.S. Bank  is the largest bank operating in Oregon and this is based on its share of deposits within the state. U.S. Bank  currently has a 21% share of the deposits within the state. Below is summary information on the top 5 largest banks in Oregon.

U.S. Bank 

U.S. Bank  currently has the largest share of deposits within the state and has $24.0 billion of deposits. In addition to this the bank also has 145 offices within the state, which represents 6% of its total domestic offices.

Main Office Address: 425 Walnut St. Cincinnati, OH 45202

Website: www.usbank.com\

Wells Fargo Bank

Wells Fargo Bank currently has the second largest share of deposits within the state and has $16.1 billion of deposits. The bank also has 82 offices within the state, which represents 2% of its total domestic offices.

Main Office Address: 101 N. Phillips Ave. Sioux Falls, SD 57104

Website: www.wellsfargo.com

Bank of America

Bank of America currently has the third largest share of deposits within the state and has $15.0 billion of deposits. The bank also has 45 offices within the state, which represents 1% of its total domestic offices.

Main Office Address: 100 N Tryon St Charlotte, NC 28202

Website: www.bankofamerica.com

JPMorgan Chase Bank

JPMorgan Chase Bank currently has the fourth largest share of deposits within the state and has $11.5 billion of deposits. Further, the bank also has 78 offices within the state, which represents 2% of its total domestic offices.

Main Office Address: 1111 Polaris Pkwy. Columbus, OH 43240

Website: www.jpmorganchase.com

Umpqua Bank

Umpqua Bank currently has the fifth largest share of deposits within the state and has $10.8 billion of deposits. In addition, the bank also has 80 offices within the state, which represents 34% of its total domestic offices.

Main Office Address: 445 S.E. Main St. Roseburg, OR 97470

Website: www.umpquabank.com