First State Bank of Golva: how it compares with its peers
Against 22 ND banks with half to twice its assets, First State Bank of Golva's strongest measure in Q2 2026 is return on assets (2.29% vs. a 1.19% peer median). Its weakest relative measure is net interest margin (3.93% vs. 3.61%).
| Measure | First State Bank of Golva | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.29% | 1.19% | Top third Ahead of 95% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.93% | 3.61% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 40.47% | 63.70% | Top third Ahead of 95% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.4M | $8.1M | Top third Ahead of 86% of peers |
| Loans to deposits Net loans and leases over total deposits. | 47.93% | 58.53% | Context |
What it means for lending operations
Its efficiency ratio of 40.47% is better than the 63.70% 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
- Lincoln State Bank Hankinson, ND · $125M
- Farmers & Merchants Bank of North Dakota Tolna, ND · $120M
- McIntosh County Bank Ashley, ND · $119M
- State Bank of Bottineau Bottineau, ND · $117M
- Turtle Mountain State Bank Belcourt, ND · $114M
- Commercial Bank of Mott Mott, ND · $140M
Questions about First State Bank of Golva
How big is First State Bank of Golva?
First State Bank of Golva, established in 1914, is headquartered in Golva, ND. It reported $124M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is First State Bank of Golva's return on assets?
2.29% annualized in Q2 2026, against a 1.19% median for 22 ND banks with half to twice its assets, ahead of 95% of them.
What is First State Bank of Golva's efficiency ratio?
40.47% in Q2 2026: it spent about 40 cents in noninterest expense for each dollar of revenue. The peer median is 63.70%, and lower is better.
Is First State Bank of Golva growing its loans?
Net loans grew 17.2% over the year to Q2 2026, while deposits grew 2.4%.
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 ND 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 North Dakota bank ranked.