Plains Commerce Bank: how it compares with its peers
Against 11 SD banks with half to twice its assets, Plains Commerce Bank's strongest measure in Q2 2026 is return on assets (1.34% vs. a 1.37% peer median). Its weakest relative measure is efficiency ratio (84.16% vs. 58.91%).
| Measure | Plains Commerce Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.34% | 1.37% | Middle third Ahead of 36% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.63% | 3.86% | Bottom third Ahead of 27% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 84.16% | 58.91% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $2.9M | $7.6M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 99.58% | 82.67% | Context |
What it means for lending operations
Its efficiency ratio of 84.16% is above the 58.91% 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
- 1st Financial Bank USA Dakota Dunes, SD · $1.40B
- CorTrust Bank National Association Mitchell, SD · $1.56B
- Pioneer Bank & Trust Belle Fourche, SD · $1.01B
- First Savings Bank Beresford, SD · $1.59B
- Reliabank Dakota Estelline, SD · $788M
Questions about Plains Commerce Bank
How big is Plains Commerce Bank?
Plains Commerce Bank, established in 1931, is headquartered in Sioux Falls, SD. It reported $1.30B in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is Plains Commerce Bank's return on assets?
1.34% annualized in Q2 2026, against a 1.37% median for 11 SD banks with half to twice its assets, ahead of 36% of them.
What is Plains Commerce Bank's efficiency ratio?
84.16% in Q2 2026: it spent about 84 cents in noninterest expense for each dollar of revenue. The peer median is 58.91%, and lower is better.
Is Plains Commerce Bank growing its loans?
Net loans grew 5.5% over the year to Q2 2026, while deposits grew 6.1%.
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 SD 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 South Dakota bank ranked.