Rushford State Bank (Incorporated): how it compares with its peers
Against 91 MN banks with half to twice its assets, Rushford State Bank (Incorporated)'s strongest measure in Q2 2026 is efficiency ratio (4.18% vs. a 61.58% peer median). Its weakest relative measure is net interest margin (0.43% vs. 4.12%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.40% | 1.24% | Bottom third Ahead of 9% of peers |
| Net interest margin Annualized net interest income over earning assets. | 0.43% | 4.12% | Bottom third Ahead of 0% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 4.18% | 61.58% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.2M | $7.1M | Middle third Ahead of 53% of peers |
| Loans to deposits Net loans and leases over total deposits. | 55.24% | 79.21% | Context |
What it means for lending operations
Its efficiency ratio of 4.18% is better than the 61.58% 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
- Security State Bank of Aitkin Aitkin, MN · $114M
- Farmers State Bank of Underwood Underwood, MN · $114M
- Security State Bank of Wanamingo Wanamingo, MN · $113M
- Mid-Central National Bank Wadena, MN · $117M
- First State Bank of Bigfork Bigfork, MN · $117M
- The First National Bank of Coleraine Coleraine, MN · $112M
Questions about Rushford State Bank (Incorporated)
How big is Rushford State Bank (Incorporated)?
Rushford State Bank (Incorporated), established in 1867, is headquartered in Rushford, MN. It reported $115M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Rushford State Bank (Incorporated)'s return on assets?
0.40% annualized in Q2 2026, against a 1.24% median for 91 MN banks with half to twice its assets, ahead of 9% of them.
What is Rushford State Bank (Incorporated)'s efficiency ratio?
4.18% in Q2 2026: it spent about 4 cents in noninterest expense for each dollar of revenue. The peer median is 61.58%, and lower is better.
Is Rushford State Bank (Incorporated) growing its loans?
Net loans shrank 4.0% over the year to Q2 2026, while deposits grew 6.1%.
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.