Monterey County Bank: how it compares with its peers
Against 32 CA banks with half to twice its assets, Monterey County Bank's strongest measure in Q2 2026 is net interest margin (3.96% vs. a 3.87% peer median). Its weakest relative measure is return on assets (-0.96% vs. 0.67%).
| Measure | Monterey County Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -0.96% | 0.67% | Bottom third Ahead of 3% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.96% | 3.87% | Middle third Ahead of 59% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 117.88% | 76.68% | Bottom third Ahead of 9% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.0M | $7.7M | Middle third Ahead of 34% of peers |
| Loans to deposits Net loans and leases over total deposits. | 68.66% | 96.78% | Context |
What it means for lending operations
Its efficiency ratio of 117.88% is above the 76.68% 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 Irvine Irvine, CA · $306M
- Gateway Bank, F.S.B. Oakland, CA · $288M
- Mission National Bank San Francisco, CA · $276M
- Capital Bank and Trust Company Irvine, CA · $266M
- Summit Bank Oakland, CA · $264M
- Genesis Bank Newport Beach, CA · $340M
Questions about Monterey County Bank
How big is Monterey County Bank?
Monterey County Bank, established in 1977, is headquartered in Monterey, CA. It reported $300M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Monterey County Bank's return on assets?
-0.96% annualized in Q2 2026, against a 0.67% median for 32 CA banks with half to twice its assets, ahead of 3% of them.
What is Monterey County Bank's efficiency ratio?
117.88% in Q2 2026: it spent about 118 cents in noninterest expense for each dollar of revenue. The peer median is 76.68%, and lower is better.
Is Monterey County Bank growing its loans?
Net loans grew 45.1% over the year to Q2 2026, while deposits grew 20.3%.
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 CA 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 California bank ranked.