Bogota Savings Bank: how it compares with its peers
Against 14 NJ banks with half to twice its assets, Bogota Savings Bank's strongest measure in Q2 2026 is assets per employee ($14.8M vs. a $10.3M peer median). Its weakest relative measure is net interest margin (2.02% vs. 3.22%).
| Measure | Bogota Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.29% | 0.74% | Bottom third Ahead of 21% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.02% | 3.22% | Bottom third Ahead of 14% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 81.99% | 67.59% | Bottom third Ahead of 14% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $14.8M | $10.3M | Top third Ahead of 86% of peers |
| Loans to deposits Net loans and leases over total deposits. | 110.40% | 86.83% | Context |
What it means for lending operations
Its efficiency ratio of 81.99% is above the 67.59% 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
- Newfield National Bank Newfield, NJ · $889M
- New Millennium Bank Fort Lee, NJ · $899M
- Freedom Bank Maywood, NJ · $838M
- Hana Bank USA, National Association Fort Lee, NJ · $835M
- Cenlar FSB Ewing, NJ · $782M
- Haven Savings Bank Hoboken, NJ · $987M
Questions about Bogota Savings Bank
How big is Bogota Savings Bank?
Bogota Savings Bank, established in 1893, is headquartered in Teaneck, NJ. It reported $872M in total assets in its Q2 2026 FDIC call report and operates 9 offices.
What is Bogota Savings Bank's return on assets?
0.29% annualized in Q2 2026, against a 0.74% median for 14 NJ banks with half to twice its assets, ahead of 21% of them.
What is Bogota Savings Bank's efficiency ratio?
81.99% in Q2 2026: it spent about 82 cents in noninterest expense for each dollar of revenue. The peer median is 67.59%, and lower is better.
Is Bogota Savings Bank growing its loans?
Net loans shrank 8.0% over the year to Q2 2026, while deposits shrank 9.5%.
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.