ESB Bank: how it compares with its peers
Against 105 MN banks with half to twice its assets, ESB Bank's strongest measure in Q2 2026 is assets per employee ($9.9M vs. a $7.2M peer median). Its weakest relative measure is net interest margin (3.55% vs. 4.01%).
| Measure | ESB Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.54% | 1.30% | Middle third Ahead of 66% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.55% | 4.01% | Bottom third Ahead of 22% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 53.02% | 62.39% | Top third Ahead of 83% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.9M | $7.2M | Top third Ahead of 88% of peers |
| Loans to deposits Net loans and leases over total deposits. | 90.68% | 76.39% | Context |
What it means for lending operations
Its efficiency ratio of 53.02% is better than the 62.39% 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
- Grand Marais State Bank Grand Marais, MN · $207M
- Wadena State Bank Wadena, MN · $207M
- F & M Community Bank, National Association Preston, MN · $211M
- Minnstar Bank National Association Lake Crystal, MN · $204M
- Keen Bank, National Association Waseca, MN · $201M
- Lakeview Bank Lakeville, MN · $218M
Questions about ESB Bank
How big is ESB Bank?
ESB Bank, established in 1909, is headquartered in Caledonia, MN. It reported $209M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is ESB Bank's return on assets?
1.54% annualized in Q2 2026, against a 1.30% median for 105 MN banks with half to twice its assets, ahead of 66% of them.
What is ESB Bank's efficiency ratio?
53.02% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 62.39%, and lower is better.
Is ESB Bank growing its loans?
Net loans grew 5.4% over the year to Q2 2026, while deposits grew 12.0%.
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.