The Sherwood State Bank: how it compares with its peers
Against 54 OH banks with half to twice its assets, The Sherwood State Bank's strongest measure in Q2 2026 is net interest margin (4.61% vs. a 3.66% peer median). Its weakest relative measure is assets per employee ($3.8M vs. $5.6M).
| Measure | The Sherwood State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.78% | 0.75% | Middle third Ahead of 52% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.61% | 3.66% | Top third Ahead of 85% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 78.74% | 77.09% | Middle third Ahead of 44% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.8M | $5.6M | Bottom third Ahead of 7% of peers |
| Loans to deposits Net loans and leases over total deposits. | 88.44% | 77.40% | Context |
What it means for lending operations
Its efficiency ratio of 78.74% is above the 77.09% 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
- The Bank of Magnolia Company Magnolia, OH · $108M
- Warsaw Federal Savings and Loan Association Cincinnati, OH · $109M
- First Mutual Bank, FSB Belpre, OH · $110M
- The Peoples Savings and Loan Company West Liberty, OH · $110M
- The Corn City State Bank Deshler, OH · $104M
- The Citizens National Bank of McConnelsville Mcconnelsville, OH · $102M
Questions about The Sherwood State Bank
How big is The Sherwood State Bank?
The Sherwood State Bank, established in 1945, is headquartered in Sherwood, OH. It reported $108M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is The Sherwood State Bank's return on assets?
0.78% annualized in Q2 2026, against a 0.75% median for 54 OH banks with half to twice its assets, ahead of 52% of them.
What is The Sherwood State Bank's efficiency ratio?
78.74% in Q2 2026: it spent about 79 cents in noninterest expense for each dollar of revenue. The peer median is 77.09%, and lower is better.
Is The Sherwood State Bank growing its loans?
Net loans grew 5.3% over the year to Q2 2026, while deposits grew 7.0%.
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 OH 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 Ohio bank ranked.