Border Bank: how it compares with its peers
Against 12 ND banks with half to twice its assets, Border Bank's strongest measure in Q2 2026 is net interest margin (4.00% vs. a 3.73% peer median). Its weakest relative measure is efficiency ratio (63.05% vs. 56.32%).
| Measure | Border Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.31% | 1.68% | Middle third Ahead of 42% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.00% | 3.73% | Middle third Ahead of 58% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.05% | 56.32% | Bottom third Ahead of 33% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.4M | $7.9M | Bottom third Ahead of 33% of peers |
| Loans to deposits Net loans and leases over total deposits. | 96.28% | 84.23% | Context |
What it means for lending operations
Its efficiency ratio of 63.05% is above the 56.32% 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 Forward Fargo, ND · $1.13B
- First United Bank Park River, ND · $811M
- American Federal Bank Fargo, ND · $796M
- United Valley Bank Cavalier, ND · $752M
- Dakota Community Bank & Trust, National Association Hebron, ND · $1.39B
- BankNorth Arthur, ND · $694M
Questions about Border Bank
How big is Border Bank?
Border Bank, established in 1972, is headquartered in Fargo, ND. It reported $1.06B in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is Border Bank's return on assets?
1.31% annualized in Q2 2026, against a 1.68% median for 12 ND banks with half to twice its assets, ahead of 42% of them.
What is Border Bank's efficiency ratio?
63.05% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 56.32%, and lower is better.
Is Border Bank growing its loans?
Net loans grew 5.5% over the year to Q2 2026, while deposits grew 3.3%.
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 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.