SpiritBank: how it compares with its peers
Against 43 OK banks with half to twice its assets, SpiritBank's strongest measure in Q2 2026 is assets per employee ($7.6M vs. a $6.9M peer median). Its weakest relative measure is net interest margin (3.56% vs. 4.17%).
| Measure | SpiritBank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.86% | 1.33% | Bottom third Ahead of 19% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.56% | 4.17% | Bottom third Ahead of 14% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.17% | 62.85% | Middle third Ahead of 42% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.6M | $6.9M | Middle third Ahead of 60% of peers |
| Loans to deposits Net loans and leases over total deposits. | 73.71% | 81.11% | Context |
What it means for lending operations
Its efficiency ratio of 64.17% is above the 62.85% 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
- F&M Bank Edmond, OK · $915M
- Valliance Bank Oklahoma City, OK · $923M
- Security Bank Tulsa, OK · $939M
- First Liberty Bank Oklahoma City, OK · $885M
- First National Bank of Oklahoma Oklahoma City, OK · $950M
- First Bank & Trust Co. Duncan, OK · $952M
Questions about SpiritBank
How big is SpiritBank?
SpiritBank, established in 1916, is headquartered in Tulsa, OK. It reported $913M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is SpiritBank's return on assets?
0.86% annualized in Q2 2026, against a 1.33% median for 43 OK banks with half to twice its assets, ahead of 19% of them.
What is SpiritBank's efficiency ratio?
64.17% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 62.85%, and lower is better.
Is SpiritBank growing its loans?
Net loans grew 1.9% over the year to Q2 2026, while deposits grew 2.4%.
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 OK 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 Oklahoma bank ranked.