The State Bank and Trust Company: how it compares with its peers
Against 27 OH banks with half to twice its assets, The State Bank and Trust Company's strongest measure in Q2 2026 is net interest margin (3.62% vs. a 3.75% peer median). Its weakest relative measure is assets per employee ($6.4M vs. $7.6M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.17% | 1.26% | Middle third Ahead of 37% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.62% | 3.75% | Middle third Ahead of 44% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.30% | 59.15% | Bottom third Ahead of 15% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.4M | $7.6M | Bottom third Ahead of 4% of peers |
| Loans to deposits Net loans and leases over total deposits. | 84.34% | 82.68% | Context |
What it means for lending operations
Its efficiency ratio of 65.30% is above the 59.15% 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 VINTON COUNTY NATIONAL BANK Mcarthur, OH · $1.59B
- The Ohio Valley Bank Company Gallipolis, OH · $1.65B
- Main Street Bank Corp. Wooster, OH · $1.55B
- Sutton Bank Attica, OH · $1.74B
- Waterford Bank, N.A. Toledo, OH · $1.77B
- The Union Bank Company Columbus Grove, OH · $1.44B
Questions about The State Bank and Trust Company
How big is The State Bank and Trust Company?
The State Bank and Trust Company, established in 1902, is headquartered in Defiance, OH. It reported $1.61B in total assets in its Q2 2026 FDIC call report and operates 29 offices.
What is The State Bank and Trust Company's return on assets?
1.17% annualized in Q2 2026, against a 1.26% median for 27 OH banks with half to twice its assets, ahead of 37% of them.
What is The State Bank and Trust Company's efficiency ratio?
65.30% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 59.15%, and lower is better.
Is The State Bank and Trust Company growing its loans?
Net loans grew 8.1% over the year to Q2 2026, while deposits grew 11.7%.
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 OH 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 Ohio bank ranked.