Summit National Bank: how it compares with its peers
Against 705 U.S. banks with half to twice its assets, Summit National Bank's strongest measure in Q2 2026 is assets per employee ($3.0M vs. a $6.2M peer median). Its weakest relative measure is efficiency ratio (233.09% vs. 67.78%).
| Measure | Summit National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -2.20% | 1.07% | Bottom third Ahead of 2% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.24% | 3.89% | Bottom third Ahead of 4% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 233.09% | 67.78% | Bottom third Ahead of 1% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.0M | $6.2M | Bottom third Ahead of 5% of peers |
| Loans to deposits Net loans and leases over total deposits. | 51.42% | 70.95% | Context |
What it means for lending operations
Its efficiency ratio of 233.09% is above the 67.78% 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
- Versailles Savings and Loan Company Versailles, OH · $66M
- The First National Bank of Okawville Okawville, IL · $66M
- Latimer State Bank Wilburton, OK · $66M
- 1st Community Bank Sherrard, IL · $65M
- First Security Bank Mapleton, IA · $65M
- Oklahoma State Bank Buffalo, OK · $67M
Questions about Summit National Bank
How big is Summit National Bank?
Summit National Bank, established in 1984, is headquartered in Hulett, WY. It reported $66M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Summit National Bank's return on assets?
-2.20% annualized in Q2 2026, against a 1.07% median for 705 U.S. banks with half to twice its assets, ahead of 2% of them.
What is Summit National Bank's efficiency ratio?
233.09% in Q2 2026: it spent about 233 cents in noninterest expense for each dollar of revenue. The peer median is 67.78%, and lower is better.
Is Summit National Bank growing its loans?
Net loans shrank 20.4% over the year to Q2 2026, while deposits shrank 24.2%.
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 U.S. 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 Wyoming bank ranked.