Sturdy Savings Bank: how it compares with its peers
Against 17 NJ banks with half to twice its assets, Sturdy Savings Bank's strongest measure in Q2 2026 is net interest margin (3.57% vs. a 3.15% peer median). Its weakest relative measure is assets per employee ($7.5M vs. $10.6M).
| Measure | Sturdy Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.75% | 0.73% | Middle third Ahead of 53% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.57% | 3.15% | Top third Ahead of 71% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 72.07% | 63.10% | Middle third Ahead of 47% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.5M | $10.6M | Bottom third Ahead of 24% of peers |
| Loans to deposits Net loans and leases over total deposits. | 63.03% | 90.28% | Context |
What it means for lending operations
Its efficiency ratio of 72.07% is above the 63.10% 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
- Somerset Regal Bank Bound Brook, NJ · $1.19B
- Magyar Bank New Brunswick, NJ · $1.05B
- Haven Savings Bank Hoboken, NJ · $987M
- New Millennium Bank Fort Lee, NJ · $899M
- Newfield National Bank Newfield, NJ · $889M
- Bogota Savings Bank Teaneck, NJ · $872M
Questions about Sturdy Savings Bank
How big is Sturdy Savings Bank?
Sturdy Savings Bank, established in 1922, is headquartered in Stone Harbor, NJ. It reported $1.14B in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is Sturdy Savings Bank's return on assets?
0.75% annualized in Q2 2026, against a 0.73% median for 17 NJ banks with half to twice its assets, ahead of 53% of them.
What is Sturdy Savings Bank's efficiency ratio?
72.07% in Q2 2026: it spent about 72 cents in noninterest expense for each dollar of revenue. The peer median is 63.10%, and lower is better.
Is Sturdy Savings Bank growing its loans?
Net loans grew 2.5% over the year to Q2 2026, while deposits grew 3.4%.
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 NJ 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 New Jersey bank ranked.