Andes State Bank: how it compares with its peers
Against 225 U.S. banks with half to twice its assets, Andes State Bank's strongest measure in Q2 2026 is net interest margin (4.82% vs. a 3.80% peer median). Its weakest relative measure is return on assets (1.47% vs. 0.95%).
| Measure | Andes State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.47% | 0.95% | Top third Ahead of 72% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.82% | 3.80% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.40% | 76.75% | Top third Ahead of 84% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.0M | $5.2M | Top third Ahead of 77% of peers |
| Loans to deposits Net loans and leases over total deposits. | 44.80% | 60.68% | Context |
What it means for lending operations
Its efficiency ratio of 57.40% is better than the 76.75% 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
- The Liberty Savings Association, FSA Fort Scott, KS · $28M
- Milford Building and Loan Association Milford, IL · $28M
- State Bank of Easton Easton, MN · $28M
- American Trust and Savings Bank Lowden, IA · $28M
- The Philadelphia Trust Company Philadelphia, PA · $28M
- Brazos National Bank Richwood, TX · $28M
Questions about Andes State Bank
How big is Andes State Bank?
Andes State Bank, established in 1962, is headquartered in Lake Andes, SD. It reported $28M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Andes State Bank's return on assets?
1.47% annualized in Q2 2026, against a 0.95% median for 225 U.S. banks with half to twice its assets, ahead of 72% of them.
What is Andes State Bank's efficiency ratio?
57.40% in Q2 2026: it spent about 57 cents in noninterest expense for each dollar of revenue. The peer median is 76.75%, and lower is better.
Is Andes State Bank growing its loans?
Net loans grew 15.4% over the year to Q2 2026, while deposits grew 2.9%.
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 U.S. 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.