Union State Bank of Hazen: how it compares with its peers
Against 18 ND banks with half to twice its assets, Union State Bank of Hazen's strongest measure in Q2 2026 is net interest margin (3.65% vs. a 3.87% peer median). Its weakest relative measure is return on assets (1.09% vs. 1.56%).
| Measure | Union State Bank of Hazen | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.09% | 1.56% | Bottom third Ahead of 6% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.65% | 3.87% | Bottom third Ahead of 33% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.91% | 52.26% | Bottom third Ahead of 6% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.0M | $8.8M | Bottom third Ahead of 11% of peers |
| Loans to deposits Net loans and leases over total deposits. | 64.42% | 79.63% | Context |
What it means for lending operations
Its efficiency ratio of 67.91% is above the 52.26% 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
- Merchants Bank Rugby, ND · $254M
- Security First Bank of North Dakota New Salem, ND · $293M
- Peoples State Bank of Velva Velva, ND · $210M
- The Union Bank Beulah, ND · $312M
- State Bank & Trust of Kenmare Kenmare, ND · $201M
- Horizon Financial Bank Munich, ND · $201M
Questions about Union State Bank of Hazen
How big is Union State Bank of Hazen?
Union State Bank of Hazen, established in 1908, is headquartered in Hazen, ND. It reported $257M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Union State Bank of Hazen's return on assets?
1.09% annualized in Q2 2026, against a 1.56% median for 18 ND banks with half to twice its assets, ahead of 6% of them.
What is Union State Bank of Hazen's efficiency ratio?
67.91% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 52.26%, and lower is better.
Is Union State Bank of Hazen growing its loans?
Net loans grew 11.2% over the year to Q2 2026, while deposits grew 3.5%.
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 ND 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 North Dakota bank ranked.