United Minnesota Bank: how it compares with its peers
Against 63 MN banks with half to twice its assets, United Minnesota Bank's strongest measure in Q2 2026 is assets per employee ($9.5M vs. a $7.1M peer median). Its weakest relative measure is efficiency ratio (56.46% vs. 61.48%).
| Measure | United Minnesota Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.60% | 1.27% | Top third Ahead of 73% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.82% | 4.07% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.46% | 61.48% | Top third Ahead of 67% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.5M | $7.1M | Top third Ahead of 92% of peers |
| Loans to deposits Net loans and leases over total deposits. | 84.98% | 76.48% | Context |
What it means for lending operations
Its efficiency ratio of 56.46% is better than the 61.48% 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
- Arlington State Bank Arlington, MN · $57M
- Grove Bank Grove City, MN · $56M
- First Financial Bank in Winnebago Winnebago, MN · $58M
- Vergas State Bank Vergas, MN · $61M
- Farmers and Merchants State Bank of Appleton Appleton, MN · $62M
- The Northern State Bank of Gonvick Gonvick, MN · $51M
Questions about United Minnesota Bank
How big is United Minnesota Bank?
United Minnesota Bank, established in 1890, is headquartered in New London, MN. It reported $57M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is United Minnesota Bank's return on assets?
1.60% annualized in Q2 2026, against a 1.27% median for 63 MN banks with half to twice its assets, ahead of 73% of them.
What is United Minnesota Bank's efficiency ratio?
56.46% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 61.48%, and lower is better.
Is United Minnesota Bank growing its loans?
Net loans grew 24.6% over the year to Q2 2026, while deposits grew 12.3%.
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.