St. Martin National Bank: how it compares with its peers
Against 26 MN banks with half to twice its assets, St. Martin National Bank's strongest measure in Q2 2026 is return on assets (2.42% vs. a 1.24% peer median). Its weakest relative measure is net interest margin (3.76% vs. 3.79%).
| Measure | St. Martin National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.42% | 1.24% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.76% | 3.79% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 50.99% | 73.28% | Top third Ahead of 77% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.3M | $6.4M | Middle third Ahead of 58% of peers |
| Loans to deposits Net loans and leases over total deposits. | 52.56% | 60.51% | Context |
What it means for lending operations
Its efficiency ratio of 50.99% is better than the 73.28% 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
- Minnesota First Credit and Savings, Incorporated Rochester, MN · $30M
- State Bank of Easton Easton, MN · $28M
- Lake Country Community Bank Morristown, MN · $32M
- The First National Bank of Proctor Proctor, MN · $34M
- First State Bank of Swanville Swanville, MN · $24M
Questions about St. Martin National Bank
How big is St. Martin National Bank?
St. Martin National Bank, established in 1963, is headquartered in Saint Martin, MN. It reported $29M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is St. Martin National Bank's return on assets?
2.42% annualized in Q2 2026, against a 1.24% median for 26 MN banks with half to twice its assets, ahead of 88% of them.
What is St. Martin National Bank's efficiency ratio?
50.99% in Q2 2026: it spent about 51 cents in noninterest expense for each dollar of revenue. The peer median is 73.28%, and lower is better.
Is St. Martin National Bank growing its loans?
Net loans grew 6.6% over the year to Q2 2026, while deposits grew 1.8%.
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 MN 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 Minnesota bank ranked.