22nd State Banking Company: how it compares with its peers
Against 43 AL banks with half to twice its assets, 22nd State Banking Company's strongest measure in Q2 2026 is net interest margin (6.81% vs. a 4.14% peer median). Its weakest relative measure is efficiency ratio (92.87% vs. 62.09%).
| Measure | 22nd State Banking Company | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.51% | 1.15% | Bottom third Ahead of 7% of peers |
| Net interest margin Annualized net interest income over earning assets. | 6.81% | 4.14% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 92.87% | 62.09% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.8M | $6.0M | Bottom third Ahead of 9% of peers |
| Loans to deposits Net loans and leases over total deposits. | 87.91% | 68.37% | Context |
What it means for lending operations
Its efficiency ratio of 92.87% is above the 62.09% 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 Citizens Bank of Winfield Winfield, AL · $301M
- HNB First Bank Headland, AL · $282M
- Farmers and Merchants Bank Lafayette, AL · $308M
- Farmers and Merchants Bank Piedmont, AL · $309M
- Liberty Bank Geraldine, AL · $259M
- First Financial Bank Bessemer, AL · $248M
Questions about 22nd State Banking Company
How big is 22nd State Banking Company?
22nd State Banking Company, established in 1917, is headquartered in Mobile, AL. It reported $292M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is 22nd State Banking Company's return on assets?
0.51% annualized in Q2 2026, against a 1.15% median for 43 AL banks with half to twice its assets, ahead of 7% of them.
What is 22nd State Banking Company's efficiency ratio?
92.87% in Q2 2026: it spent about 93 cents in noninterest expense for each dollar of revenue. The peer median is 62.09%, and lower is better.
Is 22nd State Banking Company growing its loans?
Net loans grew 6.9% over the year to Q2 2026, while deposits grew 10.1%.
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 AL 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 Alabama bank ranked.