Andover State Bank: how it compares with its peers
Against 79 KS banks with half to twice its assets, Andover State Bank's strongest measure in Q2 2026 is assets per employee ($7.7M vs. a $6.9M peer median). Its weakest relative measure is return on assets (1.07% vs. 1.50%).
| Measure | Andover State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.07% | 1.50% | Bottom third Ahead of 19% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.86% | 3.95% | Middle third Ahead of 43% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.12% | 58.57% | Bottom third Ahead of 24% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.7M | $6.9M | Top third Ahead of 70% of peers |
| Loans to deposits Net loans and leases over total deposits. | 90.00% | 77.38% | Context |
What it means for lending operations
Its efficiency ratio of 64.12% is above the 58.57% 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 Citizens National Bank Greenleaf, KS · $229M
- The Stockgrowers State Bank of Ashland, Kansas Ashland, KS · $227M
- The First Security Bank Overbrook, KS · $226M
- FirstOak Bank Independence, KS · $241M
- Farmers and Drovers Bank Council Grove, KS · $222M
- Carson Bank Mulvane, KS · $220M
Questions about Andover State Bank
How big is Andover State Bank?
Andover State Bank, established in 1916, is headquartered in Andover, KS. It reported $232M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Andover State Bank's return on assets?
1.07% annualized in Q2 2026, against a 1.50% median for 79 KS banks with half to twice its assets, ahead of 19% of them.
What is Andover State Bank's efficiency ratio?
64.12% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 58.57%, and lower is better.
Is Andover State Bank growing its loans?
Net loans grew 3.5% over the year to Q2 2026, while deposits grew 11.0%.
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 KS 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 Kansas bank ranked.