VIKING BANK, NATIONAL ASSOCIATION: how it compares with its peers
Against 91 MN banks with half to twice its assets, VIKING BANK, NATIONAL ASSOCIATION's strongest measure in Q2 2026 is return on assets (1.72% vs. a 1.32% peer median). Its weakest relative measure is assets per employee ($7.5M vs. $7.4M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.72% | 1.32% | Top third Ahead of 78% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.16% | 3.97% | Middle third Ahead of 64% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 55.75% | 61.76% | Top third Ahead of 68% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.5M | $7.4M | Middle third Ahead of 52% of peers |
| Loans to deposits Net loans and leases over total deposits. | 90.60% | 80.72% | Context |
What it means for lending operations
Its efficiency ratio of 55.75% is better than the 61.76% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Woodlands National Bank Hinckley, MN · $331M
- The State Bank of Faribault Faribault, MN · $329M
- Citizens Bank & Trust Co. Hutchinson, MN · $329M
- Ultima Bank Minnesota Winger, MN · $334M
- Reliance Bank Faribault, MN · $334M
- Farmers and Merchants State Bank of Pierz Pierz, MN · $336M
Questions about VIKING BANK, NATIONAL ASSOCIATION
How big is VIKING BANK, NATIONAL ASSOCIATION?
VIKING BANK, NATIONAL ASSOCIATION, established in 1981, is headquartered in Alexandria, MN. It reported $330M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is VIKING BANK, NATIONAL ASSOCIATION's return on assets?
1.72% annualized in Q2 2026, against a 1.32% median for 91 MN banks with half to twice its assets, ahead of 78% of them.
What is VIKING BANK, NATIONAL ASSOCIATION's efficiency ratio?
55.75% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 61.76%, and lower is better.
Is VIKING BANK, NATIONAL ASSOCIATION growing its loans?
Net loans grew 13.0% over the year to Q2 2026, while deposits grew 22.8%.
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 MN 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 Minnesota bank ranked.