BankStar Financial: how it compares with its peers
Against 16 SD banks with half to twice its assets, BankStar Financial's strongest measure in Q2 2026 is assets per employee ($8.7M vs. a $7.5M peer median). Its weakest relative measure is efficiency ratio (55.36% vs. 53.61%).
| Measure | BankStar Financial | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.53% | 1.71% | Middle third Ahead of 44% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.99% | 3.74% | Middle third Ahead of 56% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 55.36% | 53.61% | Middle third Ahead of 38% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.7M | $7.5M | Middle third Ahead of 63% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.24% | 85.35% | Context |
What it means for lending operations
Its efficiency ratio of 55.36% is above the 53.61% 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
- Rivers Edge Bank Marion, SD · $357M
- Frontier Bank Sioux Falls, SD · $349M
- Security Bank Midwest Tyndall, SD · $304M
- One American Bank Centerville, SD · $285M
- First National Bank in Philip Philip, SD · $458M
- Commercial State Bank, of Wagner Wagner, SD · $260M
Questions about BankStar Financial
How big is BankStar Financial?
BankStar Financial, established in 1926, is headquartered in Elkton, SD. It reported $363M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is BankStar Financial's return on assets?
1.53% annualized in Q2 2026, against a 1.71% median for 16 SD banks with half to twice its assets, ahead of 44% of them.
What is BankStar Financial's efficiency ratio?
55.36% in Q2 2026: it spent about 55 cents in noninterest expense for each dollar of revenue. The peer median is 53.61%, and lower is better.
Is BankStar Financial growing its loans?
Net loans grew 11.6% over the year to Q2 2026, while deposits grew 12.9%.
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 SD 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 South Dakota bank ranked.