Kirkwood Bank & Trust Co.: how it compares with its peers
Against 19 ND banks with half to twice its assets, Kirkwood Bank & Trust Co.'s strongest measure in Q2 2026 is return on assets (1.75% vs. a 1.58% peer median). Its weakest relative measure is assets per employee ($6.5M vs. $7.9M).
| Measure | Kirkwood Bank & Trust Co. | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.75% | 1.58% | Middle third Ahead of 63% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.71% | 3.89% | Bottom third Ahead of 32% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.88% | 53.57% | Bottom third Ahead of 32% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.5M | $7.9M | Bottom third Ahead of 21% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.13% | 81.75% | Context |
What it means for lending operations
Its efficiency ratio of 57.88% is above the 53.57% 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
- TruCommunity Bank Garrison, ND · $338M
- Stock Growers Bank Forman, ND · $333M
- The Union Bank Beulah, ND · $312M
- Security First Bank of North Dakota New Salem, ND · $293M
- The Bank of Tioga Tioga, ND · $412M
- Dakota Western Bank Bowman, ND · $416M
Questions about Kirkwood Bank & Trust Co.
How big is Kirkwood Bank & Trust Co.?
Kirkwood Bank & Trust Co., established in 1975, is headquartered in Bismarck, ND. It reported $351M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Kirkwood Bank & Trust Co.'s return on assets?
1.75% annualized in Q2 2026, against a 1.58% median for 19 ND banks with half to twice its assets, ahead of 63% of them.
What is Kirkwood Bank & Trust Co.'s efficiency ratio?
57.88% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 53.57%, and lower is better.
Is Kirkwood Bank & Trust Co. growing its loans?
Net loans grew 3.8% over the year to Q2 2026, while deposits shrank 1.7%.
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.