Peoples State Bank, Fairmount, N. D.: how it compares with its peers
Against 10 ND banks with half to twice its assets, Peoples State Bank, Fairmount, N. D.'s strongest measure in Q2 2026 is net interest margin (4.55% vs. a 3.86% peer median). Its weakest relative measure is assets per employee ($4.3M vs. $6.4M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.95% | 1.25% | Bottom third Ahead of 20% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.55% | 3.86% | Top third Ahead of 80% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 70.23% | 65.93% | Bottom third Ahead of 20% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.3M | $6.4M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 64.03% | 65.70% | Context |
What it means for lending operations
Its efficiency ratio of 70.23% is above the 65.93% 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
- Kindred State Bank Kindred, ND · $43M
- Grant County State Bank Carson, ND · $47M
- Rolette State Bank Rolette, ND · $52M
- Aspire Bank Fargo, ND · $61M
- State Bank of Lakota Lakota, ND · $64M
- Peoples State Bank Westhope, ND · $70M
Questions about Peoples State Bank, Fairmount, N. D.
How big is Peoples State Bank, Fairmount, N. D.?
Peoples State Bank, Fairmount, N. D., established in 1953, is headquartered in Fairmount, ND. It reported $38M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Peoples State Bank, Fairmount, N. D.'s return on assets?
0.95% annualized in Q2 2026, against a 1.25% median for 10 ND banks with half to twice its assets, ahead of 20% of them.
What is Peoples State Bank, Fairmount, N. D.'s efficiency ratio?
70.23% in Q2 2026: it spent about 70 cents in noninterest expense for each dollar of revenue. The peer median is 65.93%, and lower is better.
Is Peoples State Bank, Fairmount, N. D. growing its loans?
Net loans grew 10.4% over the year to Q2 2026, while deposits grew 3.9%.
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.