State Bank of Easton: how it compares with its peers
Against 24 MN banks with half to twice its assets, State Bank of Easton's strongest measure in Q2 2026 is assets per employee ($9.5M vs. a $6.2M peer median). Its weakest relative measure is net interest margin (3.98% vs. 3.75%).
| Measure | State Bank of Easton | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.45% | 1.15% | Middle third Ahead of 63% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.98% | 3.75% | Middle third Ahead of 58% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.64% | 75.07% | Top third Ahead of 67% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.5M | $6.2M | Top third Ahead of 92% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.99% | 55.32% | Context |
What it means for lending operations
Its efficiency ratio of 60.64% is better than the 75.07% 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
- St. Martin National Bank Saint Martin, MN · $29M
- Minnesota First Credit and Savings, Incorporated Rochester, MN · $30M
- Lake Country Community Bank Morristown, MN · $32M
- First State Bank of Swanville Swanville, MN · $24M
- The First National Bank of Proctor Proctor, MN · $34M
Questions about State Bank of Easton
How big is State Bank of Easton?
State Bank of Easton, established in 1934, is headquartered in Easton, MN. It reported $28M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is State Bank of Easton's return on assets?
1.45% annualized in Q2 2026, against a 1.15% median for 24 MN banks with half to twice its assets, ahead of 63% of them.
What is State Bank of Easton's efficiency ratio?
60.64% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 75.07%, and lower is better.
Is State Bank of Easton growing its loans?
Net loans grew 18.2% over the year to Q2 2026, while deposits grew 3.7%.
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.