Sandhills State Bank: how it compares with its peers
Against 57 NE banks with half to twice its assets, Sandhills State Bank's strongest measure in Q2 2026 is assets per employee ($8.3M vs. a $8.1M peer median). Its weakest relative measure is efficiency ratio (59.13% vs. 56.65%).
| Measure | Sandhills State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.52% | 1.43% | Middle third Ahead of 53% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.02% | 3.96% | Middle third Ahead of 53% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.13% | 56.65% | Middle third Ahead of 40% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.3M | $8.1M | Middle third Ahead of 58% of peers |
| Loans to deposits Net loans and leases over total deposits. | 79.35% | 85.04% | Context |
What it means for lending operations
Its efficiency ratio of 59.13% is above the 56.65% 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
- Banner Capital Bank Harrisburg, NE · $380M
- Lincoln FSB of Nebraska Lincoln, NE · $387M
- Waypoint Bank Cozad, NE · $391M
- Great Plains State Bank Petersburg, NE · $392M
- First Nebraska Bank Valley, NE · $371M
- First Westroads Bank, Inc. Omaha, NE · $395M
Questions about Sandhills State Bank
How big is Sandhills State Bank?
Sandhills State Bank, established in 1902, is headquartered in North Platte, NE. It reported $383M in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is Sandhills State Bank's return on assets?
1.52% annualized in Q2 2026, against a 1.43% median for 57 NE banks with half to twice its assets, ahead of 53% of them.
What is Sandhills State Bank's efficiency ratio?
59.13% in Q2 2026: it spent about 59 cents in noninterest expense for each dollar of revenue. The peer median is 56.65%, and lower is better.
Is Sandhills State Bank growing its loans?
Net loans grew 3.3% over the year to Q2 2026, while deposits grew 13.5%.
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 NE 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 Nebraska bank ranked.