Odin State Bank: how it compares with its peers
Against 84 MN banks with half to twice its assets, Odin State Bank's strongest measure in Q2 2026 is efficiency ratio (52.64% vs. a 61.34% peer median). Its weakest relative measure is return on assets (-0.11% vs. 1.28%).
| Measure | Odin State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -0.11% | 1.28% | Bottom third Ahead of 2% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.78% | 4.07% | Middle third Ahead of 36% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 52.64% | 61.34% | Top third Ahead of 82% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.9M | $7.2M | Middle third Ahead of 46% of peers |
| Loans to deposits Net loans and leases over total deposits. | 79.75% | 78.35% | Context |
What it means for lending operations
Its efficiency ratio of 52.64% is better than the 61.34% 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
- American State Bank of Grygla Grygla, MN · $82M
- State Bank of Cold Spring Cold Spring, MN · $82M
- Farmers & Merchants State Bank of New York Mills, Incorporated New York Mills, MN · $83M
- Lowry State Bank Lowry, MN · $84M
- Vantage Bank Kent, MN · $85M
- First Security Bank - Canby Canby, MN · $85M
Questions about Odin State Bank
How big is Odin State Bank?
Odin State Bank, established in 1904, is headquartered in Odin, MN. It reported $82M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Odin State Bank's return on assets?
-0.11% annualized in Q2 2026, against a 1.28% median for 84 MN banks with half to twice its assets, ahead of 2% of them.
What is Odin State Bank's efficiency ratio?
52.64% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 61.34%, and lower is better.
Is Odin State Bank growing its loans?
Net loans shrank 3.4% over the year to Q2 2026, while deposits grew 4.6%.
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 MN 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 Minnesota bank ranked.