Sherburne Bank: how it compares with its peers
Against 92 MN banks with half to twice its assets, Sherburne Bank's strongest measure in Q2 2026 is efficiency ratio (43.95% vs. a 61.67% peer median). Its weakest relative measure is assets per employee ($8.4M vs. $7.4M).
| Measure | Sherburne Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.01% | 1.33% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.74% | 3.97% | Top third Ahead of 91% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 43.95% | 61.67% | Top third Ahead of 97% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.4M | $7.4M | Top third Ahead of 68% of peers |
| Loans to deposits Net loans and leases over total deposits. | 95.19% | 81.46% | Context |
What it means for lending operations
Its efficiency ratio of 43.95% is better than the 61.67% 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
- Granite Bank Cold Spring, MN · $353M
- Harvest Bank Kimball, MN · $355M
- United Community Bank Perham, MN · $359M
- Heritage Bank National Association Spicer, MN · $361M
- ProGrowth Bank Nicollet, MN · $365M
- Farmers and Merchants State Bank of Pierz Pierz, MN · $336M
Questions about Sherburne Bank
How big is Sherburne Bank?
Sherburne Bank, established in 1920, is headquartered in Becker, MN. It reported $351M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Sherburne Bank's return on assets?
2.01% annualized in Q2 2026, against a 1.33% median for 92 MN banks with half to twice its assets, ahead of 88% of them.
What is Sherburne Bank's efficiency ratio?
43.95% in Q2 2026: it spent about 44 cents in noninterest expense for each dollar of revenue. The peer median is 61.67%, and lower is better.
Is Sherburne Bank growing its loans?
Net loans grew 16.0% over the year to Q2 2026, while deposits grew 14.7%.
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 MN 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 Minnesota bank ranked.