The Waggoner National Bank of Vernon: how it compares with its peers
Against 141 TX banks with half to twice its assets, The Waggoner National Bank of Vernon's strongest measure in Q2 2026 is return on assets (2.47% vs. a 1.45% peer median). Its weakest relative measure is assets per employee ($5.6M vs. $7.0M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.47% | 1.45% | Top third Ahead of 92% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.97% | 4.18% | Middle third Ahead of 40% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 46.94% | 61.24% | Top third Ahead of 87% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.6M | $7.0M | Bottom third Ahead of 27% of peers |
| Loans to deposits Net loans and leases over total deposits. | 62.99% | 69.66% | Context |
What it means for lending operations
Its efficiency ratio of 46.94% is better than the 61.24% 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
- First State Bank of Texas Orange, TX · $354M
- First National Bank of Giddings Giddings, TX · $356M
- First National Bank in Port Lavaca Port Lavaca, TX · $361M
- Ozona Bank Ozona, TX · $346M
- First National Bank of Hereford Hereford, TX · $345M
- The National Bank of Andrews Andrews, TX · $341M
Questions about The Waggoner National Bank of Vernon
How big is The Waggoner National Bank of Vernon?
The Waggoner National Bank of Vernon, established in 1899, is headquartered in Vernon, TX. It reported $354M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The Waggoner National Bank of Vernon's return on assets?
2.47% annualized in Q2 2026, against a 1.45% median for 141 TX banks with half to twice its assets, ahead of 92% of them.
What is The Waggoner National Bank of Vernon's efficiency ratio?
46.94% in Q2 2026: it spent about 47 cents in noninterest expense for each dollar of revenue. The peer median is 61.24%, and lower is better.
Is The Waggoner National Bank of Vernon growing its loans?
Net loans grew 21.6% over the year to Q2 2026, while deposits grew 6.8%.
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 TX 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 Texas bank ranked.