North American Banking Company: how it compares with its peers
Against 26 MN banks with half to twice its assets, North American Banking Company's strongest measure in Q2 2026 is return on assets (2.13% vs. a 1.31% peer median). Its weakest relative measure is net interest margin (3.08% vs. 3.83%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.13% | 1.31% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.08% | 3.83% | Bottom third Ahead of 15% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 49.73% | 57.53% | Top third Ahead of 73% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $13.5M | $8.5M | Top third Ahead of 85% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.26% | 84.16% | Context |
What it means for lending operations
Its efficiency ratio of 49.73% is better than the 57.53% 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
- Park State Bank Duluth, MN · $1.49B
- Citizens Alliance Bank Clara City, MN · $1.44B
- Deerwood Bank Waite Park, MN · $1.52B
- Security Bank & Trust Company Glencoe, MN · $1.33B
- Premier Bank Maplewood, MN · $1.18B
- First Resource Bank Lino Lakes, MN · $1.08B
Questions about North American Banking Company
How big is North American Banking Company?
North American Banking Company, established in 1998, is headquartered in Roseville, MN. It reported $1.47B in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is North American Banking Company's return on assets?
2.13% annualized in Q2 2026, against a 1.31% median for 26 MN banks with half to twice its assets, ahead of 88% of them.
What is North American Banking Company's efficiency ratio?
49.73% in Q2 2026: it spent about 50 cents in noninterest expense for each dollar of revenue. The peer median is 57.53%, and lower is better.
Is North American Banking Company growing its loans?
Net loans grew 3.0% over the year to Q2 2026, while deposits shrank 3.9%.
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.