Quill Bank: how it compares with its peers
Against 14 UT banks with half to twice its assets, Quill Bank's strongest measure in Q2 2026 is net interest margin (16.84% vs. a 6.07% peer median). Its weakest relative measure is assets per employee ($6.2M vs. $10.4M).
| Measure | Quill Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 5.29% | 2.04% | Top third Ahead of 79% of peers |
| Net interest margin Annualized net interest income over earning assets. | 16.84% | 6.07% | Top third Ahead of 93% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 32.43% | 42.38% | Middle third Ahead of 64% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.2M | $10.4M | Bottom third Ahead of 23% of peers |
| Loans to deposits Net loans and leases over total deposits. | 92.94% | 89.54% | Context |
What it means for lending operations
Its efficiency ratio of 32.43% is better than the 42.38% 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
- Transportation Alliance Bank, Inc. d/b/a TAB Bank Ogden, UT · $1.59B
- Column National Association Salt Lake City, UT · $1.77B
- Prime Alliance Bank Woods Cross, UT · $1.09B
- Square Financial Services, Inc. Salt Lake City, UT · $2.06B
- Central Bank Provo, UT · $2.16B
Questions about Quill Bank
How big is Quill Bank?
Quill Bank, established in 1993, is headquartered in Provo, UT. It reported $1.56B in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is Quill Bank's return on assets?
5.29% annualized in Q2 2026, against a 2.04% median for 14 UT banks with half to twice its assets, ahead of 79% of them.
What is Quill Bank's efficiency ratio?
32.43% in Q2 2026: it spent about 32 cents in noninterest expense for each dollar of revenue. The peer median is 42.38%, and lower is better.
Is Quill Bank growing its loans?
Net loans grew 31.1% over the year to Q2 2026, while deposits grew 30.4%.
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 UT 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 Utah bank ranked.