The Upstate National Bank: how it compares with its peers
Against 34 NY banks with half to twice its assets, The Upstate National Bank's strongest measure in Q2 2026 is assets per employee ($12.3M vs. a $7.1M peer median). Its weakest relative measure is efficiency ratio (94.87% vs. 70.03%).
| Measure | The Upstate National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.07% | 0.70% | Bottom third Ahead of 12% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.29% | 3.75% | Bottom third Ahead of 9% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 94.87% | 70.03% | Bottom third Ahead of 3% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.3M | $7.1M | Top third Ahead of 97% of peers |
| Loans to deposits Net loans and leases over total deposits. | 110.27% | 85.84% | Context |
What it means for lending operations
Its efficiency ratio of 94.87% is above the 70.03% 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
- Global Bank New York, NY · $304M
- Sawyer Savings Bank Saugerties, NY · $285M
- American Community Bank Glen Cove, NY · $307M
- Bank of Millbrook Millbrook, NY · $312M
- Carthage Savings and Loan, National Association Carthage, NY · $312M
- Seneca Savings Bank, National Association Baldwinsville, NY · $312M
Questions about The Upstate National Bank
How big is The Upstate National Bank?
The Upstate National Bank, established in 1922, is headquartered in Ogdensburg, NY. It reported $295M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is The Upstate National Bank's return on assets?
0.07% annualized in Q2 2026, against a 0.70% median for 34 NY banks with half to twice its assets, ahead of 12% of them.
What is The Upstate National Bank's efficiency ratio?
94.87% in Q2 2026: it spent about 95 cents in noninterest expense for each dollar of revenue. The peer median is 70.03%, and lower is better.
Is The Upstate National Bank growing its loans?
Net loans grew 8.6% over the year to Q2 2026, while deposits grew 20.6%.
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.