The Wanda State Bank: how it compares with its peers
Against 100 MN banks with half to twice its assets, The Wanda State Bank's strongest measure in Q2 2026 is assets per employee ($12.1M vs. a $7.4M peer median). Its weakest relative measure is net interest margin (3.36% vs. 3.99%).
| Measure | The Wanda State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.85% | 1.28% | Bottom third Ahead of 21% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.36% | 3.99% | Bottom third Ahead of 15% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 55.17% | 62.41% | Top third Ahead of 78% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.1M | $7.4M | Top third Ahead of 95% of peers |
| Loans to deposits Net loans and leases over total deposits. | 67.72% | 77.10% | Context |
What it means for lending operations
Its efficiency ratio of 55.17% is better than the 62.41% 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
- Security State Bank of Marine Marine On St. Croix, MN · $233M
- Eagle Bank Glenwood, MN · $227M
- United Farmers State Bank Adams, MN · $234M
- Commerce Bank Geneva, MN · $220M
- BANKWEST Rockford, MN · $240M
- Home State Bank Litchfield, MN · $219M
Questions about The Wanda State Bank
How big is The Wanda State Bank?
The Wanda State Bank, established in 1932, is headquartered in Wanda, MN. It reported $230M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The Wanda State Bank's return on assets?
0.85% annualized in Q2 2026, against a 1.28% median for 100 MN banks with half to twice its assets, ahead of 21% of them.
What is The Wanda State Bank's efficiency ratio?
55.17% in Q2 2026: it spent about 55 cents in noninterest expense for each dollar of revenue. The peer median is 62.41%, and lower is better.
Is The Wanda State Bank growing its loans?
Net loans grew 3.6% over the year to Q2 2026, while deposits grew 3.6%.
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.