Elevate Bank, National Association: how it compares with its peers
Against 48 KS banks with half to twice its assets, Elevate Bank, National Association's strongest measure in Q2 2026 is net interest margin (5.52% vs. a 3.87% peer median). Its weakest relative measure is assets per employee ($3.0M vs. $7.0M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.64% | 1.32% | Bottom third Ahead of 4% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.52% | 3.87% | Top third Ahead of 98% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 85.73% | 62.58% | Bottom third Ahead of 4% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.0M | $7.0M | Bottom third Ahead of 2% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.00% | 60.82% | Context |
What it means for lending operations
Its efficiency ratio of 85.73% is above the 62.58% 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
- The Farmers State Bank of Bucklin, Kansas Bucklin, KS · $61M
- First National Bank in Frankfort Frankfort, KS · $62M
- The First National Bank of Spearville Spearville, KS · $62M
- Ford County State Bank Spearville, KS · $58M
- The City State Bank Fort Scott, KS · $58M
- The Farmers State Bank of Blue Mound Blue Mound, KS · $58M
Questions about Elevate Bank, National Association
How big is Elevate Bank, National Association?
Elevate Bank, National Association, established in 1874, is headquartered in Sedan, KS. It reported $61M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Elevate Bank, National Association's return on assets?
0.64% annualized in Q2 2026, against a 1.32% median for 48 KS banks with half to twice its assets, ahead of 4% of them.
What is Elevate Bank, National Association's efficiency ratio?
85.73% in Q2 2026: it spent about 86 cents in noninterest expense for each dollar of revenue. The peer median is 62.58%, and lower is better.
Is Elevate Bank, National Association growing its loans?
Net loans grew 31.2% over the year to Q2 2026, while deposits grew 11.2%.
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 KS 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 Kansas bank ranked.