Premier Bank: how it compares with its peers
Against 32 MN banks with half to twice its assets, Premier Bank's strongest measure in Q2 2026 is efficiency ratio (39.65% vs. a 58.02% peer median). Its weakest relative measure is return on assets (1.95% vs. 1.39%).
| Measure | Premier Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.95% | 1.39% | Top third Ahead of 81% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.44% | 3.84% | Top third Ahead of 88% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 39.65% | 58.02% | Top third Ahead of 97% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $11.6M | $8.3M | Top third Ahead of 88% of peers |
| Loans to deposits Net loans and leases over total deposits. | 84.11% | 83.70% | Context |
What it means for lending operations
Its efficiency ratio of 39.65% is better than the 58.02% 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
- First Resource Bank Lino Lakes, MN · $1.08B
- The First National Bank of Bemidji Bemidji, MN · $1.08B
- MidCountry Bank Minneapolis, MN · $1.07B
- United Bankers' Bank Richfield, MN · $1.05B
- Security Bank & Trust Company Glencoe, MN · $1.33B
- Midwest Bank Detroit Lakes, MN · $985M
Questions about Premier Bank
How big is Premier Bank?
Premier Bank, established in 1974, is headquartered in Maplewood, MN. It reported $1.18B in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is Premier Bank's return on assets?
1.95% annualized in Q2 2026, against a 1.39% median for 32 MN banks with half to twice its assets, ahead of 81% of them.
What is Premier Bank's efficiency ratio?
39.65% in Q2 2026: it spent about 40 cents in noninterest expense for each dollar of revenue. The peer median is 58.02%, and lower is better.
Is Premier Bank growing its loans?
Net loans grew 8.4% over the year to Q2 2026, while deposits grew 11.6%.
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.