Peoples State Bank: how it compares with its peers
Against 19 ND banks with half to twice its assets, Peoples State Bank's strongest measure in Q2 2026 is return on assets (1.39% vs. a 1.17% peer median). Its weakest relative measure is assets per employee ($5.0M vs. $7.3M).
| Measure | Peoples State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.39% | 1.17% | Top third Ahead of 68% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.77% | 3.80% | Middle third Ahead of 47% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.65% | 67.06% | Top third Ahead of 68% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.0M | $7.3M | Bottom third Ahead of 5% of peers |
| Loans to deposits Net loans and leases over total deposits. | 64.51% | 58.35% | Context |
What it means for lending operations
Its efficiency ratio of 63.65% is better than the 67.06% 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
- Citizens State Bank of Lankin Lankin, ND · $72M
- First Security Bank - West Beulah, ND · $75M
- Heartland State Bank Edgeley, ND · $76M
- State Bank of Lakota Lakota, ND · $64M
- Bank of Hazelton Hazelton, ND · $76M
- Aspire Bank Fargo, ND · $61M
Questions about Peoples State Bank
How big is Peoples State Bank?
Peoples State Bank, established in 1906, is headquartered in Westhope, ND. It reported $70M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Peoples State Bank's return on assets?
1.39% annualized in Q2 2026, against a 1.17% median for 19 ND banks with half to twice its assets, ahead of 68% of them.
What is Peoples State Bank's efficiency ratio?
63.65% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 67.06%, and lower is better.
Is Peoples State Bank growing its loans?
Net loans grew 6.4% over the year to Q2 2026, while deposits shrank 1.7%.
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.