State Bank of Lakota: how it compares with its peers
Against 19 ND banks with half to twice its assets, State Bank of Lakota's strongest measure in Q2 2026 is efficiency ratio (63.74% vs. a 67.06% peer median). Its weakest relative measure is assets per employee ($5.8M vs. $7.3M).
| Measure | State Bank of Lakota | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.07% | 1.19% | Middle third Ahead of 37% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.80% | 3.77% | Middle third Ahead of 53% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.74% | 67.06% | Middle third Ahead of 63% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.8M | $7.3M | Bottom third Ahead of 26% of peers |
| Loans to deposits Net loans and leases over total deposits. | 66.89% | 58.35% | Context |
What it means for lending operations
Its efficiency ratio of 63.74% is better than the 67.06% 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
- Aspire Bank Fargo, ND · $61M
- Peoples State Bank Westhope, ND · $70M
- Citizens State Bank of Lankin Lankin, ND · $72M
- First Security Bank - West Beulah, ND · $75M
- Heartland State Bank Edgeley, ND · $76M
- Bank of Hazelton Hazelton, ND · $76M
Questions about State Bank of Lakota
How big is State Bank of Lakota?
State Bank of Lakota, established in 1900, is headquartered in Lakota, ND. It reported $64M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is State Bank of Lakota's return on assets?
1.07% annualized in Q2 2026, against a 1.19% median for 19 ND banks with half to twice its assets, ahead of 37% of them.
What is State Bank of Lakota's efficiency ratio?
63.74% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 67.06%, and lower is better.
Is State Bank of Lakota growing its loans?
Net loans grew 1.4% over the year to Q2 2026, while deposits shrank 0.4%.
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 ND 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 North Dakota bank ranked.