United Prairie Bank: how it compares with its peers
Against 45 MN banks with half to twice its assets, United Prairie Bank's strongest measure in Q2 2026 is net interest margin (4.11% vs. a 3.92% peer median). Its weakest relative measure is assets per employee ($7.7M vs. $8.1M).
| Measure | United Prairie Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.45% | 1.40% | Middle third Ahead of 56% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.11% | 3.92% | Middle third Ahead of 62% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.25% | 57.99% | Middle third Ahead of 44% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.7M | $8.1M | Middle third Ahead of 40% of peers |
| Loans to deposits Net loans and leases over total deposits. | 99.71% | 85.44% | Context |
What it means for lending operations
Its efficiency ratio of 58.25% is above the 57.99% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Vermillion State Bank Vermillion, MN · $931M
- VersaBank USA National Association Holdingford, MN · $912M
- 21st Century Bank Loretto, MN · $895M
- Midwest Bank Detroit Lakes, MN · $985M
- Pioneer Bank Mapleton, MN · $884M
- Falcon National Bank Foley, MN · $872M
Questions about United Prairie Bank
How big is United Prairie Bank?
United Prairie Bank, established in 1919, is headquartered in Mountain Lake, MN. It reported $939M in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is United Prairie Bank's return on assets?
1.45% annualized in Q2 2026, against a 1.40% median for 45 MN banks with half to twice its assets, ahead of 56% of them.
What is United Prairie Bank's efficiency ratio?
58.25% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 57.99%, and lower is better.
Is United Prairie Bank growing its loans?
Net loans grew 2.4% over the year to Q2 2026, while deposits grew 0.5%.
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.