The State Exchange Bank: how it compares with its peers
Against 52 OK banks with half to twice its assets, The State Exchange Bank's strongest measure in Q2 2026 is assets per employee ($6.0M vs. a $5.4M peer median). Its weakest relative measure is return on assets (0.87% vs. 1.51%).
| Measure | The State Exchange Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.87% | 1.51% | Bottom third Ahead of 19% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.88% | 4.33% | Bottom third Ahead of 29% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.51% | 60.39% | Bottom third Ahead of 31% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.0M | $5.4M | Middle third Ahead of 56% of peers |
| Loans to deposits Net loans and leases over total deposits. | 77.53% | 65.94% | Context |
What it means for lending operations
Its efficiency ratio of 67.51% is above the 60.39% 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
- Community State Bank Hennessey, OK · $90M
- First State Bank Watonga, OK · $90M
- The First National Bank of Hooker Hooker, OK · $91M
- Bank of Eufaula Eufaula, OK · $87M
- Southwest Bank of Weatherford Weatherford, OK · $86M
- AllNations Bank Calumet, OK · $85M
Questions about The State Exchange Bank
How big is The State Exchange Bank?
The State Exchange Bank, established in 1901, is headquartered in Lamont, OK. It reported $90M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The State Exchange Bank's return on assets?
0.87% annualized in Q2 2026, against a 1.51% median for 52 OK banks with half to twice its assets, ahead of 19% of them.
What is The State Exchange Bank's efficiency ratio?
67.51% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 60.39%, and lower is better.
Is The State Exchange Bank growing its loans?
Net loans shrank 17.4% over the year to Q2 2026, while deposits shrank 7.5%.
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 OK 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 Oklahoma bank ranked.