What changed in this year's reports?
239 of 270 banks (89%) mention AI in their 2025 annual reports, compared with 195 of 284 (69%) in 2024. 50 banks mention AI for the first time.
- What this shows
- How many banks mention AI for the first time in their annual report, each report year from 2022 to 2025.
- What it means
- 239 of 270 banks (89%) in 2025, compared with 32 of 298 (11%) in 2022.
- How to read it
- Each bar is a report year. The label shows how many banks out of all banks that filed an annual report that year.
- Where it comes from
- Banks' annual reports (10-K) filed with the SEC, up to 6 Oct 2026. How we did this
Show as a table
| Report year | Banks |
|---|---|
| 2022 | 32 of 298 (11%) |
| 2023 | 123 of 297 (41%) |
| 2024 | 195 of 284 (69%) |
| 2025 | 239 of 270 (89%) |
The banks
- What this shows
- Banks that mention AI for the first time in their 2025 annual report, with a quote from the report.
- What it means
- 50 banks. The banks giving the most concrete detail are listed first.
- How to read it
- Each bank links to its page. Quotes are copied exactly from the report; follow the link to read them in context.
- Where it comes from
- Banks' annual reports (10-K) filed with the SEC, up to 6 Oct 2026. How we did this
- Bank of Hawaii CorpHI · Mid-size bank ($1B to $50B)
in 2025 we rolled out three training modules for employees to complete in order to gain access to our artificial intelligence (“AI”) tool Microsoft Co-Pilot.
- Bancorp, Inc.DE · Mid-size bank ($1B to $50B)
We continue to invest in our infrastructure, with a focus on investing in automation and AI tools to gain cost efficiency and increase productivity of our people and platform
- Byline Bancorp, Inc.IL · Mid-size bank ($1B to $50B)
address material risks from potential cybersecurity threats, including threats utilizing generative AI, and to facilitate the governance and oversight of cybersecurity risks
- CVB Financial CorpCA · Mid-size bank ($1B to $50B)
We have adopted an AI Policy that establishes a governance framework for developing, deploying, and managing AI and Generative AI (GenAI) solutions and initiatives, including those involving vendors.
- Choiceone Financial Services IncMI · Mid-size bank ($1B to $50B)
we are experimenting with automation and AI‑driven solutions designed to modernize processes to augment the ability for our existing staff to manage our growth
- Dime Commercial Bancshares, Inc.NY · Mid-size bank ($1B to $50B)
Potential AI/ML models, used for credit scoring, fraud detection, customer service, and investment decisions, rely on complex algorithms and vast datasets. Errors, biases, or "hallucinations" (generating false information) in these models, or unexpected system failures, could lead to flawed
- Eagle Bancorp Montana, Inc.MT · Mid-size bank ($1B to $50B)
Our adoption of artificial intelligence, including generative artificial intelligence, machine learning and similar tools and technologies that collect, aggregate, analyze or generate data or other materials or content (collectively, “AI”), for limited internal use has increased our efficiency
- Finwise BancorpUT · Small bank (Under $1B)
While we have policies prohibiting our employees from using non-approved generative AI applications or websites on the Company or the Bank’s network, there can be no assurances that our employees will adhere to these policies
- First Merchants CorpIN · Mid-size bank ($1B to $50B)
Although the Corporation has established governance, risk management, and control frameworks intended to oversee the use of artificial intelligence, these frameworks may not identify or mitigate all current or emerging risks associated with rapidly evolving technologies.
- Five Star BancorpCA · Mid-size bank ($1B to $50B)
Our adoption of artificial intelligence, including generative artificial intelligence, machine learning, and similar tools and technologies that collect, aggregate, analyze, or generate data or other materials or content (collectively, “AI”), for limited internal use has increased our efficiency
- Hanmi Financial CorpCA · Mid-size bank ($1B to $50B)
We utilize certain AI/ML models provided by third-party vendors, including models used for credit scoring and fraud detection, and may use other AI/ML models in the future.
- Independent Bank CorpMI · Mid-size bank ($1B to $50B)
We use artificial intelligence ("AI") and machine learning technologies in certain aspects of our operations. While these technologies can provide significant benefits, they also present risks that could adversely affect our business.
- Juniata Valley Financial CorpPA · Small bank (Under $1B)
Although the Company does not currently make significant use of artificial intelligence (“AI”), machine learning, or similar advanced data analytics technologies in its operations, the financial services industry is increasingly incorporating AI-enabled tools in areas such as credit underwriting,
- LCNB CorpOH · Mid-size bank ($1B to $50B)
LCNB has implemented technologies that utilize artificial intelligence in connection with LCNB’s business and operations in order to scale its business, but the outcome of implementation may not realize all the benefits LCNB is hoping to scale.
- MUNCY COLUMBIA FINANCIAL CorpPA · Mid-size bank ($1B to $50B)
The Corporation has adopted an AI and Automated Tool Usage Policy to establish guidelines for the responsible, secure, and compliant use of AI systems, automated bots, Application Programming Interfaces (“APIs”), and machine learning technologies within the organization.
- Peoples Bancorp of North Carolina IncNC · Mid-size bank ($1B to $50B)
We have implemented an AI governance function and risk management framework that includes a risk assessment of internal and vendor AI solutions, due diligence, model validation, and controls.
- S&T BancorpPA · Mid-size bank ($1B to $50B)
We also depend on third-party vendors and service providers for core systems and specialized tools that may incorporate artificial intelligence functionality. Our ability to manage artificial intelligence related risk is therefore partially dependent on the controls, governance and resilience of
- Stock Yards Bancorp, Inc.KY · Mid-size bank ($1B to $50B)
While we have established programs to manage our increasing exposure to AI, including processes for monitoring related risks, managing third party relationships, incident response, as well as employee awareness and education
- UNIVEST FINANCIAL CorpPA · Mid-size bank ($1B to $50B)
We utilize certain AI/ML models provided by third-party vendors, including models used for credit scoring and fraud detection, and may use other AI/ML models in the future.
- Union Bankshares IncVT · Mid-size bank ($1B to $50B)
We are piloting and selectively using artificial intelligence and machine learning technologies in limited, primarily internal functions, which exposes us to operational, regulatory, and reputational risks that could adversely affect our business.
- United Bancorp IncOH · Small bank (Under $1B)
we also began implementing an artificial intelligence (AI) solution designed to better serve customers by answering inquiries more effectively, guiding customers to the best financial solutions, and supporting more modern, customer-centric delivery
- Ameriserv Financial IncPA · Mid-size bank ($1B to $50B)
Emerging technologies, such as artificial intelligence (including machine learning, generative artificial intelligence and agentic artificial intelligence tools) and quantum computing, have the potential to intensify competition and accelerate disruption in the financial services industry.
- Ames National CorpIA · Mid-size bank ($1B to $50B)
Use of artificial intelligence may result in reputational harm or liability, or could otherwise adversely affect the Company’s business.
- BancFirst CorpOK · Mid-size bank ($1B to $50B)
Common risks around the use of AI in certain contexts may include cybersecurity, privacy, accuracy, bias/discrimination and intellectual property risks. Regulations may limit or restrict the use of AI, or impose additional compliance requirements
- Bancplus CorpMS · Mid-size bank ($1B to $50B)
The financial services industry is undergoing rapid technological changes with frequent introductions of new technology-driven products and services, including recent rapid developments in artificial intelligence.
- Blue Ridge Bankshares, Inc.VA · Mid-size bank ($1B to $50B)
The market for financial services, including banking and consumer finance services, is increasingly affected by advances in technology, including recent and rapid developments in artificial intelligence, social media, and other developments in telecommunications
- Burke & Herbert Financial Services Corp.VA · Mid-size bank ($1B to $50B)
The use of artificial intelligence models developed by third parties introduces risks related to how those models are developed, trained, and deployed, including unauthorized material in training data and limited visibility into risk mitigation steps.
- Business First Bancshares, Inc.LA · Mid-size bank ($1B to $50B)
cyber-criminals utilize artificial intelligence and related emerging technologies. Increasing sophistication of cyber-criminals and terrorists make keeping up with new threats difficult and could result in a breach.
- Commerce Bancshares IncMO · Mid-size bank ($1B to $50B)
emerging technological innovations, such as the use of artificial intelligence (“AI”) tools and quantum computing, that may enable malicious actors to develop more advanced social engineering attacks, circumvent security controls, evade detection and remove forensic evidence.
- Eagle Financial Services IncVA · Mid-size bank ($1B to $50B)
The continued evolution and increased usage of artificial intelligence technologies may further increase these risks.
- East West Bancorp IncCA · Large bank ($50B and above)
The financial services industry is continuously undergoing rapid technological change with frequent introductions of new technology-driven products and services, including recent rapid developments in artificial intelligence.
- Farmers & Merchants BancorpCA · Mid-size bank ($1B to $50B)
Implementation of certain new technologies, such as those related to artificial intelligence, automation and algorithms, also may have unintended consequences, including fraud or cybersecurity risk, due to their limitations, potential manipulation, or our failure to use them effectively.
- First Community Bankshares IncVA · Mid-size bank ($1B to $50B)
We may face new operational, compliance, reputational and legal risks due to the development and use of artificial intelligence.
- First National CorpVA · Mid-size bank ($1B to $50B)
AI may introduce the Company to novel or intensified legal, regulatory, ethical, operational, reputational or other risks. AI usage is subject to a range of existing laws and regulations.
- Franklin Financial Services CorpPA · Mid-size bank ($1B to $50B)
The Corporation may use artificial intelligence (AI) in its business, and challenges with properly managing its use could result in disruption of its internal operations, reputational harm, competitive harm, legal liability and adversely affect its results of operations and stock price.
- German American Bancorp, Inc.IN · Mid-size bank ($1B to $50B)
emerging technologies such as artificial intelligence may further enhance their ability to perpetrate fraud
- Hawthorn Bancshares, Inc.MO · Mid-size bank ($1B to $50B)
The development and use of AI presents risks and challenges to the Company’s business. The legal and regulatory environment relating to AI is uncertain and rapidly evolving, both in the U.S. and internationally
- Isabella Bank CorpMI · Mid-size bank ($1B to $50B)
Emerging technologies, such as artificial intelligence, may further increase the risk of a cyber-attack.
- New Peoples Bankshares IncVA · Small bank (Under $1B)
States have also started to regulate the use of artificial intelligence technologies.
- Pathward Financial, Inc.SD · Mid-size bank ($1B to $50B)
The use of AI models developed by third parties introduces risks related to how those models are developed, trained, and deployed, including unauthorized material in training data and limited visibility into risk mitigation steps.
- Patriot National Bancorp IncCT · Mid-size bank ($1B to $50B)
The development and use of AI presents a number of risks and challenges, including concerns around safety and soundness, privacy and data-handling, fair access to financial services, fair treatment to customers, inaccuracy of results broadly known as “hallucinations” and compliance with applicable
- Peoples Bancorp IncOH · Mid-size bank ($1B to $50B)
The financial services industry is continually undergoing rapid technological change with frequent introductions of new technology-driven products and services, including artificial intelligence.
- RBB BancorpCA · Mid-size bank ($1B to $50B)
The development and use of new technologies, including artificial intelligence ("AI"), can present risks and uncertainties that could adversely affect our business and financial condition.
- Red River Bancshares IncLA · Mid-size bank ($1B to $50B)
The development and use of AI presents risks and challenges that may adversely affect our business.
- Simmons First National CorpAR · Mid-size bank ($1B to $50B)
The use of artificial intelligence models developed by third parties introduces risks related to how those models are developed, trained, and deployed, including unauthorized material in training data and limited visibility into risk mitigation steps.
- Skyline Bankshares, Inc.VA · Mid-size bank ($1B to $50B)
the widespread adoption and rapid evolution of emerging technologies in the financial services industry, including artificial intelligence, cryptocurrencies (including stablecoins and meme coins), tokens, and other digital assets could negatively impact our ability to compete.
- Trustmark CorpMS · Mid-size bank ($1B to $50B)
strong performance in the technology and artificial intelligence (AI) sectors
- Virginia National Bankshares CorpVA · Mid-size bank ($1B to $50B)
States have also started to regulate the use of artificial intelligence technologies.
- LINKBANCORP, Inc.PA · Mid-size bank ($1B to $50B)
- United Security BancsharesCA · Mid-size bank ($1B to $50B)
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