Somerset Trust Company: how it compares with its peers
Against 22 PA banks with half to twice its assets, Somerset Trust Company's strongest measure in Q2 2026 is net interest margin (4.42% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($5.0M vs. $8.0M).
| Measure | Somerset Trust Company | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.16% | 1.04% | Middle third Ahead of 64% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.42% | 3.64% | Top third Ahead of 95% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 66.33% | 60.77% | Middle third Ahead of 36% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.0M | $8.0M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.22% | 85.10% | Context |
What it means for lending operations
Its efficiency ratio of 66.33% is above the 60.77% 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
- The Ephrata National Bank Ephrata, PA · $2.39B
- QNB Bank Quakertown, PA · $2.37B
- Meridian Bank Wayne, PA · $2.59B
- Farmers and Merchants Trust Company of Chambersburg Chambersburg, PA · $2.34B
- Kish Bank Belleville, PA · $2.08B
- Wayne Bank Honesdale, PA · $2.91B
Questions about Somerset Trust Company
How big is Somerset Trust Company?
Somerset Trust Company, established in 1889, is headquartered in Somerset, PA. It reported $2.47B in total assets in its Q2 2026 FDIC call report and operates 51 offices.
What is Somerset Trust Company's return on assets?
1.16% annualized in Q2 2026, against a 1.04% median for 22 PA banks with half to twice its assets, ahead of 64% of them.
What is Somerset Trust Company's efficiency ratio?
66.33% in Q2 2026: it spent about 66 cents in noninterest expense for each dollar of revenue. The peer median is 60.77%, and lower is better.
Is Somerset Trust Company growing its loans?
Net loans shrank 1.1% over the year to Q2 2026, while deposits shrank 0.8%.
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 PA 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 Pennsylvania bank ranked.