State Bank & Trust of Kenmare: how it compares with its peers
Against 21 ND banks with half to twice its assets, State Bank & Trust of Kenmare's strongest measure in Q2 2026 is assets per employee ($9.1M vs. a $7.9M peer median). Its weakest relative measure is net interest margin (2.66% vs. 3.82%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.15% | 1.50% | Bottom third Ahead of 19% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.66% | 3.82% | Bottom third Ahead of 0% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.07% | 56.80% | Middle third Ahead of 57% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.1M | $7.9M | Top third Ahead of 67% of peers |
| Loans to deposits Net loans and leases over total deposits. | 45.77% | 71.13% | Context |
What it means for lending operations
Its efficiency ratio of 56.07% is better than the 56.80% 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
- Horizon Financial Bank Munich, ND · $201M
- Peoples State Bank of Velva Velva, ND · $210M
- First National Bank and Trust Co. of Bottineau Bottineau, ND · $176M
- The Goose River Bank Mayville, ND · $173M
- Liberty State Bank Powers Lake, ND · $159M
- Merchants Bank Rugby, ND · $254M
Questions about State Bank & Trust of Kenmare
How big is State Bank & Trust of Kenmare?
State Bank & Trust of Kenmare, established in 1925, is headquartered in Kenmare, ND. It reported $201M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is State Bank & Trust of Kenmare's return on assets?
1.15% annualized in Q2 2026, against a 1.50% median for 21 ND banks with half to twice its assets, ahead of 19% of them.
What is State Bank & Trust of Kenmare's efficiency ratio?
56.07% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 56.80%, and lower is better.
Is State Bank & Trust of Kenmare growing its loans?
Net loans shrank 6.7% over the year to Q2 2026, while deposits grew 9.6%.
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 ND 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 North Dakota bank ranked.