St. Clair State Bank (Incorporated): how it compares with its peers
Against 100 MN banks with half to twice its assets, St. Clair State Bank (Incorporated)'s strongest measure in Q2 2026 is efficiency ratio (37.18% vs. a 61.34% peer median). Its weakest relative measure is net interest margin (3.64% vs. 4.06%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.18% | 1.25% | Top third Ahead of 96% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.64% | 4.06% | Bottom third Ahead of 20% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 37.18% | 61.34% | Top third Ahead of 99% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.2M | $7.1M | Top third Ahead of 96% of peers |
| Loans to deposits Net loans and leases over total deposits. | 83.03% | 79.00% | Context |
What it means for lending operations
Its efficiency ratio of 37.18% is better than the 61.34% 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 First National Bank of Moose Lake Moose Lake, MN · $134M
- Worthington Federal Savings Bank, FSB Worthington, MN · $135M
- Western National Bank Duluth, MN · $136M
- The First National Bank of Cokato Cokato, MN · $138M
- Security State Bank of Warroad Warroad, MN · $138M
- MINNESOTA LAKES BANK Delano, MN · $130M
Questions about St. Clair State Bank (Incorporated)
How big is St. Clair State Bank (Incorporated)?
St. Clair State Bank (Incorporated), established in 1907, is headquartered in Saint Clair, MN. It reported $134M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is St. Clair State Bank (Incorporated)'s return on assets?
2.18% annualized in Q2 2026, against a 1.25% median for 100 MN banks with half to twice its assets, ahead of 96% of them.
What is St. Clair State Bank (Incorporated)'s efficiency ratio?
37.18% in Q2 2026: it spent about 37 cents in noninterest expense for each dollar of revenue. The peer median is 61.34%, and lower is better.
Is St. Clair State Bank (Incorporated) growing its loans?
Net loans grew 5.8% over the year to Q2 2026, while deposits grew 6.2%.
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.