New Republic Bank: how it compares with its peers
Against 8 NC banks with half to twice its assets, New Republic Bank's strongest measure in Q2 2026 is return on assets (1.88% vs. a 0.67% peer median). Its weakest relative measure is net interest margin (3.46% vs. 3.26%).
| Measure | New Republic Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.88% | 0.67% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.46% | 3.26% | Middle third Ahead of 63% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.58% | 78.17% | Top third Ahead of 88% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.4M | $7.3M | Top third Ahead of 71% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.32% | 83.29% | Context |
What it means for lending operations
Its efficiency ratio of 59.58% is better than the 78.17% 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
- Belmont Savings Bank, SSB Belmont, NC · $161M
- American Bank of the Carolinas Monroe, NC · $214M
- Taylorsville Savings Bank, SSB Taylorsville, NC · $232M
- Morganton Savings Bank, S.S.B. Morganton, NC · $114M
- Riverside Savings Bank, SSB Roanoke Rapids, NC · $95M
Questions about New Republic Bank
How big is New Republic Bank?
New Republic Bank, established in 1998, is headquartered in Roanoke Rapids, NC. It reported $176M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is New Republic Bank's return on assets?
1.88% annualized in Q2 2026, against a 0.67% median for 8 NC banks with half to twice its assets, ahead of 88% of them.
What is New Republic Bank's efficiency ratio?
59.58% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 78.17%, and lower is better.
Is New Republic Bank growing its loans?
Net loans shrank 16.5% over the year to Q2 2026, while deposits shrank 18.9%.
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 NC 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 North Carolina bank ranked.