State Bank of Cold Spring: how it compares with its peers
Against 84 MN banks with half to twice its assets, State Bank of Cold Spring's strongest measure in Q2 2026 is return on assets (1.60% vs. a 1.25% peer median). Its weakest relative measure is net interest margin (3.97% vs. 4.04%).
| Measure | State Bank of Cold Spring | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.60% | 1.25% | Top third Ahead of 73% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.97% | 4.04% | Middle third Ahead of 43% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.96% | 61.04% | Middle third Ahead of 45% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $7.3M | Middle third Ahead of 44% of peers |
| Loans to deposits Net loans and leases over total deposits. | 63.93% | 78.35% | Context |
What it means for lending operations
Its efficiency ratio of 61.96% is above the 61.04% 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
- American State Bank of Grygla Grygla, MN · $82M
- Odin State Bank Odin, MN · $82M
- Farmers & Merchants State Bank of New York Mills, Incorporated New York Mills, MN · $83M
- Lowry State Bank Lowry, MN · $84M
- Vantage Bank Kent, MN · $85M
- First Security Bank - Canby Canby, MN · $85M
Questions about State Bank of Cold Spring
How big is State Bank of Cold Spring?
State Bank of Cold Spring, established in 1908, is headquartered in Cold Spring, MN. It reported $82M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is State Bank of Cold Spring's return on assets?
1.60% annualized in Q2 2026, against a 1.25% median for 84 MN banks with half to twice its assets, ahead of 73% of them.
What is State Bank of Cold Spring's efficiency ratio?
61.96% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 61.04%, and lower is better.
Is State Bank of Cold Spring growing its loans?
Net loans grew 12.6% over the year to Q2 2026, while deposits shrank 2.8%.
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 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.