TruPoint Bank: how it compares with its peers
Against 19 VA banks with half to twice its assets, TruPoint Bank's strongest measure in Q2 2026 is net interest margin (4.12% vs. a 4.07% peer median). Its weakest relative measure is assets per employee ($4.7M vs. $6.5M).
| Measure | TruPoint Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.12% | 1.26% | Middle third Ahead of 42% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.12% | 4.07% | Middle third Ahead of 53% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 68.11% | 60.57% | Bottom third Ahead of 26% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.7M | $6.5M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 77.67% | 87.57% | Context |
What it means for lending operations
Its efficiency ratio of 68.11% is above the 60.57% 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
- The Bank of Southside Virginia Carson, VA · $670M
- The Bank of Marion Marion, VA · $634M
- Citizens Bank and Trust Company Blackstone, VA · $578M
- Select Bank Forest, VA · $524M
- Powell Valley National Bank Jonesville, VA · $516M
- Bank of Botetourt Buchanan, VA · $939M
Questions about TruPoint Bank
How big is TruPoint Bank?
TruPoint Bank, established in 1975, is headquartered in Grundy, VA. It reported $691M in total assets in its Q2 2026 FDIC call report and operates 16 offices.
What is TruPoint Bank's return on assets?
1.12% annualized in Q2 2026, against a 1.26% median for 19 VA banks with half to twice its assets, ahead of 42% of them.
What is TruPoint Bank's efficiency ratio?
68.11% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 60.57%, and lower is better.
Is TruPoint Bank growing its loans?
Net loans grew 50.4% over the year to Q2 2026, while deposits grew 42.2%.
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 VA 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 Virginia bank ranked.