Madison Valley Bank: how it compares with its peers
Against 15 MT banks with half to twice its assets, Madison Valley Bank's strongest measure in Q2 2026 is assets per employee ($6.8M vs. a $7.3M peer median). Its weakest relative measure is efficiency ratio (70.68% vs. 56.09%).
| Measure | Madison Valley Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.04% | 1.43% | Bottom third Ahead of 20% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.69% | 4.17% | Bottom third Ahead of 27% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 70.68% | 56.09% | Bottom third Ahead of 13% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $7.3M | Middle third Ahead of 40% of peers |
| Loans to deposits Net loans and leases over total deposits. | 52.84% | 74.22% | Context |
What it means for lending operations
Its efficiency ratio of 70.68% is above the 56.09% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Bank of The Rockies Helena, MT · $277M
- Manhattan Bank Manhattan, MT · $287M
- Three Rivers Bank of Montana Kalispell, MT · $293M
- Bank of Montana Missoula, MT · $309M
- Valley Bank of Kalispell Kalispell, MT · $218M
- Valley Bank of Ronan Ronan, MT · $218M
Questions about Madison Valley Bank
How big is Madison Valley Bank?
Madison Valley Bank, established in 1965, is headquartered in Ennis, MT. It reported $264M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Madison Valley Bank's return on assets?
1.04% annualized in Q2 2026, against a 1.43% median for 15 MT banks with half to twice its assets, ahead of 20% of them.
What is Madison Valley Bank's efficiency ratio?
70.68% in Q2 2026: it spent about 71 cents in noninterest expense for each dollar of revenue. The peer median is 56.09%, and lower is better.
Is Madison Valley Bank growing its loans?
Net loans shrank 1.1% over the year to Q2 2026, while deposits grew 1.3%.
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 MT 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 Montana bank ranked.