Northstar Bank: how it compares with its peers
Against 20 MI banks with half to twice its assets, Northstar Bank's strongest measure in Q2 2026 is assets per employee ($7.3M vs. a $6.2M peer median). Its weakest relative measure is net interest margin (3.97% vs. 3.92%).
| Measure | Northstar Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.30% | 1.13% | Middle third Ahead of 65% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.97% | 3.92% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.39% | 65.69% | Middle third Ahead of 65% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.3M | $6.2M | Top third Ahead of 70% of peers |
| Loans to deposits Net loans and leases over total deposits. | 100.97% | 87.83% | Context |
What it means for lending operations
Its efficiency ratio of 61.39% is better than the 65.69% 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
- West Michigan Community Bank Hudsonville, MI · $1.21B
- University Bank Ann Arbor, MI · $1.24B
- United Bank of Michigan Grand Rapids, MI · $1.06B
- Superior National Bank Hancock, MI · $1.04B
- Sturgis Bank & Trust Company Sturgis, MI · $1.03B
- First National Bank of Michigan Kalamazoo, MI · $989M
Questions about Northstar Bank
How big is Northstar Bank?
Northstar Bank, established in 2001, is headquartered in Bad Axe, MI. It reported $1.16B in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is Northstar Bank's return on assets?
1.30% annualized in Q2 2026, against a 1.13% median for 20 MI banks with half to twice its assets, ahead of 65% of them.
What is Northstar Bank's efficiency ratio?
61.39% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 65.69%, and lower is better.
Is Northstar Bank growing its loans?
Net loans grew 11.9% over the year to Q2 2026, while deposits grew 13.1%.
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 MI 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 Michigan bank ranked.