Ridgewood Savings Bank: how it compares with its peers
Against 17 NY banks with half to twice its assets, Ridgewood Savings Bank's strongest measure in Q2 2026 is assets per employee ($14.4M vs. a $12.4M peer median). Its weakest relative measure is efficiency ratio (67.30% vs. 53.13%).
| Measure | Ridgewood Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.70% | 1.04% | Bottom third Ahead of 18% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.13% | 2.93% | Bottom third Ahead of 29% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.30% | 53.13% | Bottom third Ahead of 12% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $14.4M | $12.4M | Middle third Ahead of 57% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.53% | 88.77% | Context |
What it means for lending operations
Its efficiency ratio of 67.30% is above the 53.13% 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
- Bank of India New York, NY · $7.42B
- TrustCo Bank Glenville, NY · $6.52B
- Tompkins Bank & Trust Ithaca, NY · $8.79B
- Five Star Bank Rochester, NY · $6.29B
- Metropolitan Commercial Bank New York, NY · $8.86B
Questions about Ridgewood Savings Bank
How big is Ridgewood Savings Bank?
Ridgewood Savings Bank, established in 1921, is headquartered in Ridgewood, NY. It reported $7.55B in total assets in its Q2 2026 FDIC call report and operates 38 offices.
What is Ridgewood Savings Bank's return on assets?
0.70% annualized in Q2 2026, against a 1.04% median for 17 NY banks with half to twice its assets, ahead of 18% of them.
What is Ridgewood Savings Bank's efficiency ratio?
67.30% in Q2 2026: it spent about 67 cents in noninterest expense for each dollar of revenue. The peer median is 53.13%, and lower is better.
Is Ridgewood Savings Bank growing its loans?
Net loans grew 1.0% over the year to Q2 2026, while deposits grew 4.1%.
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.