Aspire Bank: how it compares with its peers
Against 17 ND banks with half to twice its assets, Aspire Bank's strongest measure in Q2 2026 is net interest margin (4.33% vs. a 3.77% peer median). Its weakest relative measure is assets per employee ($5.5M vs. $6.9M).
| Measure | Aspire Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.04% | 1.19% | Bottom third Ahead of 29% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.33% | 3.77% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.40% | 66.93% | Middle third Ahead of 35% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.5M | $6.9M | Bottom third Ahead of 24% of peers |
| Loans to deposits Net loans and leases over total deposits. | 109.75% | 58.35% | Context |
What it means for lending operations
Its efficiency ratio of 67.40% is above the 66.93% 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
- State Bank of Lakota Lakota, ND · $64M
- Peoples State Bank Westhope, ND · $70M
- Rolette State Bank Rolette, ND · $52M
- Citizens State Bank of Lankin Lankin, ND · $72M
- Grant County State Bank Carson, ND · $47M
- First Security Bank - West Beulah, ND · $75M
Questions about Aspire Bank
How big is Aspire Bank?
Aspire Bank, established in 1905, is headquartered in Fargo, ND. It reported $61M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Aspire Bank's return on assets?
1.04% annualized in Q2 2026, against a 1.19% median for 17 ND banks with half to twice its assets, ahead of 29% of them.
What is Aspire Bank's efficiency ratio?
67.40% in Q2 2026: it spent about 67 cents in noninterest expense for each dollar of revenue. The peer median is 66.93%, and lower is better.
Is Aspire Bank growing its loans?
Net loans shrank 5.0% over the year to Q2 2026, while deposits shrank 5.4%.
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 ND 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 Dakota bank ranked.