Bank47: how it compares with its peers
Against 25 AL banks with half to twice its assets, Bank47's strongest measure in Q2 2026 is assets per employee ($3.7M vs. a $4.9M peer median). Its weakest relative measure is return on assets (-4.32% vs. 1.05%).
| Measure | Bank47 | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -4.32% | 1.05% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.00% | 3.79% | Bottom third Ahead of 16% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 224.23% | 72.15% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.7M | $4.9M | Bottom third Ahead of 20% of peers |
| Loans to deposits Net loans and leases over total deposits. | 72.52% | 58.91% | Context |
What it means for lending operations
Its efficiency ratio of 224.23% is above the 72.15% 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
- The Farmers & Merchants Bank Waterloo, AL · $98M
- Bank of Walker County Jasper, AL · $99M
- Peoples Exchange Bank Monroeville, AL · $99M
- Nova Bank Huntsville, AL · $91M
- Local Bank Tuscaloosa, AL · $111M
- The Commercial Bank Of Ozark Ozark, AL · $115M
Questions about Bank47
How big is Bank47?
Bank47, established in 1990, is headquartered in Huntsville, AL. It reported $97M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Bank47's return on assets?
-4.32% annualized in Q2 2026, against a 1.05% median for 25 AL banks with half to twice its assets, ahead of 0% of them.
What is Bank47's efficiency ratio?
224.23% in Q2 2026: it spent about 224 cents in noninterest expense for each dollar of revenue. The peer median is 72.15%, and lower is better.
Is Bank47 growing its loans?
Net loans grew 67.6% over the year to Q2 2026, while deposits grew 45.0%.
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 AL 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 Alabama bank ranked.