The Baxter State Bank: how it compares with its peers
Against 17 KS banks with half to twice its assets, The Baxter State Bank's strongest measure in Q2 2026 is net interest margin (5.94% vs. a 3.73% peer median). Its weakest relative measure is efficiency ratio (78.51% vs. 67.78%).
| Measure | The Baxter State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.24% | 0.96% | Middle third Ahead of 59% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.94% | 3.73% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 78.51% | 67.78% | Bottom third Ahead of 18% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.6M | $5.8M | Bottom third Ahead of 18% of peers |
| Loans to deposits Net loans and leases over total deposits. | 63.00% | 55.95% | Context |
What it means for lending operations
Its efficiency ratio of 78.51% is above the 67.78% 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 Farmers State Bank Fairview, KS · $27M
- The Peoples State Bank Cherryvale, KS · $23M
- The Dickinson County Bank Enterprise, KS · $23M
- The Liberty Savings Association, FSA Fort Scott, KS · $28M
- National Advisors Trust Company Leawood, KS · $22M
- The Farmers State Bank Dwight, KS · $20M
Questions about The Baxter State Bank
How big is The Baxter State Bank?
The Baxter State Bank, established in 1905, is headquartered in Baxter Springs, KS. It reported $25M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The Baxter State Bank's return on assets?
1.24% annualized in Q2 2026, against a 0.96% median for 17 KS banks with half to twice its assets, ahead of 59% of them.
What is The Baxter State Bank's efficiency ratio?
78.51% in Q2 2026: it spent about 79 cents in noninterest expense for each dollar of revenue. The peer median is 67.78%, and lower is better.
Is The Baxter State Bank growing its loans?
Net loans shrank 6.9% over the year to Q2 2026, while deposits grew 16.3%.
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 KS 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 Kansas bank ranked.