American Federal Bank: how it compares with its peers
Against 14 ND banks with half to twice its assets, American Federal Bank's strongest measure in Q2 2026 is net interest margin (4.05% vs. a 3.86% peer median). Its weakest relative measure is return on assets (1.06% vs. 1.74%).
| Measure | American Federal Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.06% | 1.74% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.05% | 3.86% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 74.11% | 53.49% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.1M | $8.0M | Bottom third Ahead of 7% of peers |
| Loans to deposits Net loans and leases over total deposits. | 110.16% | 87.38% | Context |
What it means for lending operations
Its efficiency ratio of 74.11% is above the 53.49% 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
- First United Bank Park River, ND · $811M
- United Valley Bank Cavalier, ND · $752M
- BankNorth Arthur, ND · $694M
- American State Bank & Trust Company of Williston Williston, ND · $643M
- Unison Bank Jamestown, ND · $597M
- KodaBank Drayton, ND · $560M
Questions about American Federal Bank
How big is American Federal Bank?
American Federal Bank, established in 1891, is headquartered in Fargo, ND. It reported $796M in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is American Federal Bank's return on assets?
1.06% annualized in Q2 2026, against a 1.74% median for 14 ND banks with half to twice its assets, ahead of 0% of them.
What is American Federal Bank's efficiency ratio?
74.11% in Q2 2026: it spent about 74 cents in noninterest expense for each dollar of revenue. The peer median is 53.49%, and lower is better.
Is American Federal Bank growing its loans?
Net loans grew 3.9% over the year to Q2 2026, while deposits shrank 0.4%.
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 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.