Norway Savings Bank: how it compares with its peers
Against 10 ME banks with half to twice its assets, Norway Savings Bank's strongest measure in Q2 2026 is net interest margin (3.72% vs. a 3.25% peer median). Its weakest relative measure is assets per employee ($6.4M vs. $8.0M).
| Measure | Norway Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.28% | 0.94% | Top third Ahead of 80% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.72% | 3.25% | Top third Ahead of 90% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.44% | 68.51% | Middle third Ahead of 60% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.4M | $8.0M | Bottom third Ahead of 10% of peers |
| Loans to deposits Net loans and leases over total deposits. | 103.07% | 103.38% | Context |
What it means for lending operations
Its efficiency ratio of 67.44% is better than the 68.51% 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
- Kennebunk Savings Bank Kennebunk, ME · $2.17B
- Kennebec Savings Bank Augusta, ME · $1.87B
- Androscoggin Savings Bank Lewiston, ME · $1.76B
- Machias Savings Bank Machias, ME · $2.67B
- Bath Savings Institution Bath, ME · $1.50B
- Saco & Biddeford Savings Institution Saco, ME · $1.47B
Questions about Norway Savings Bank
How big is Norway Savings Bank?
Norway Savings Bank, established in 1866, is headquartered in Norway, ME. It reported $2.16B in total assets in its Q2 2026 FDIC call report and operates 25 offices.
What is Norway Savings Bank's return on assets?
1.28% annualized in Q2 2026, against a 0.94% median for 10 ME banks with half to twice its assets, ahead of 80% of them.
What is Norway Savings Bank's efficiency ratio?
67.44% in Q2 2026: it spent about 67 cents in noninterest expense for each dollar of revenue. The peer median is 68.51%, and lower is better.
Is Norway Savings Bank growing its loans?
Net loans grew 10.9% over the year to Q2 2026, while deposits shrank 1.1%.
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 ME 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 Maine bank ranked.