Millennial Bank: how it compares with its peers
Against 44 AL banks with half to twice its assets, Millennial Bank's strongest measure in Q2 2026 is assets per employee ($10.1M vs. a $5.5M peer median). Its weakest relative measure is return on assets (0.75% vs. 1.10%).
| Measure | Millennial Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.75% | 1.10% | Bottom third Ahead of 18% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.44% | 3.90% | Top third Ahead of 68% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 73.53% | 65.98% | Bottom third Ahead of 27% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.1M | $5.5M | Top third Ahead of 95% of peers |
| Loans to deposits Net loans and leases over total deposits. | 88.15% | 62.50% | Context |
What it means for lending operations
Its efficiency ratio of 73.53% is above the 65.98% 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
- PeoplesTrust Bank Hamilton, AL · $201M
- First Cahawba Bank Selma, AL · $206M
- Community Neighbor Bank Camden, AL · $193M
- Union State Bank Pell City, AL · $212M
- First Federal Bank, A FSB Tuscaloosa, AL · $183M
- Friend Bank Slocomb, AL · $221M
Questions about Millennial Bank
How big is Millennial Bank?
Millennial Bank, established in 1997, is headquartered in Leeds, AL. It reported $201M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Millennial Bank's return on assets?
0.75% annualized in Q2 2026, against a 1.10% median for 44 AL banks with half to twice its assets, ahead of 18% of them.
What is Millennial Bank's efficiency ratio?
73.53% in Q2 2026: it spent about 74 cents in noninterest expense for each dollar of revenue. The peer median is 65.98%, and lower is better.
Is Millennial Bank growing its loans?
Net loans grew 17.9% over the year to Q2 2026, while deposits grew 10.2%.
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.