Medallion Bank: how it compares with its peers
Against 13 UT banks with half to twice its assets, Medallion Bank's strongest measure in Q2 2026 is efficiency ratio (27.69% vs. a 45.84% peer median). Its weakest relative measure is return on assets (2.15% vs. 1.96%).
| Measure | Medallion Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.15% | 1.96% | Middle third Ahead of 62% of peers |
| Net interest margin Annualized net interest income over earning assets. | 8.58% | 6.05% | Top third Ahead of 69% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 27.69% | 45.84% | Top third Ahead of 92% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $18.2M | $10.4M | Top third Ahead of 85% of peers |
| Loans to deposits Net loans and leases over total deposits. | 111.11% | 89.54% | Context |
What it means for lending operations
Its efficiency ratio of 27.69% is better than the 45.84% 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
- WebBank Salt Lake City, UT · $2.86B
- State Bank of Southern Utah Cedar City, UT · $2.74B
- Nelnet Bank Draper, UT · $3.00B
- Cache Valley Bank Logan, UT · $3.49B
- Central Bank Provo, UT · $2.16B
- Square Financial Services, Inc. Salt Lake City, UT · $2.06B
Questions about Medallion Bank
How big is Medallion Bank?
Medallion Bank, established in 2003, is headquartered in Salt Lake City, UT. It reported $2.83B in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Medallion Bank's return on assets?
2.15% annualized in Q2 2026, against a 1.96% median for 13 UT banks with half to twice its assets, ahead of 62% of them.
What is Medallion Bank's efficiency ratio?
27.69% in Q2 2026: it spent about 28 cents in noninterest expense for each dollar of revenue. The peer median is 45.84%, and lower is better.
Is Medallion Bank growing its loans?
Net loans grew 12.7% over the year to Q2 2026, while deposits grew 14.1%.
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 UT 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 Utah bank ranked.