Bank of Richmondville: how it compares with its peers
Against 23 NY banks with half to twice its assets, Bank of Richmondville's strongest measure in Q2 2026 is return on assets (0.70% vs. a 0.68% peer median). Its weakest relative measure is net interest margin (3.37% vs. 3.93%).
| Measure | Bank of Richmondville | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.70% | 0.68% | Middle third Ahead of 52% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.37% | 3.93% | Bottom third Ahead of 22% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 77.57% | 71.94% | Middle third Ahead of 48% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.6M | $6.8M | Bottom third Ahead of 32% of peers |
| Loans to deposits Net loans and leases over total deposits. | 50.08% | 90.75% | Context |
What it means for lending operations
Its efficiency ratio of 77.57% is above the 71.94% 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
- Savannah Bank National Association Savannah, NY · $187M
- First Federal Savings of Middletown Middletown, NY · $188M
- The Putnam County National Bank of Carmel Carmel, NY · $183M
- Gouverneur Savings and Loan Association Gouverneur, NY · $199M
- Massena Savings and Loan Massena, NY · $200M
Questions about Bank of Richmondville
How big is Bank of Richmondville?
Bank of Richmondville, established in 1893, is headquartered in Cobleskill, NY. It reported $186M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Bank of Richmondville's return on assets?
0.70% annualized in Q2 2026, against a 0.68% median for 23 NY banks with half to twice its assets, ahead of 52% of them.
What is Bank of Richmondville's efficiency ratio?
77.57% in Q2 2026: it spent about 78 cents in noninterest expense for each dollar of revenue. The peer median is 71.94%, and lower is better.
Is Bank of Richmondville growing its loans?
Net loans shrank 2.0% over the year to Q2 2026, while deposits grew 1.6%.
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 NY 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 New York bank ranked.