Alma Bank: how it compares with its peers
Against 32 NY banks with half to twice its assets, Alma Bank's strongest measure in Q2 2026 is net interest margin (3.72% vs. a 3.50% peer median). Its weakest relative measure is return on assets (0.66% vs. 1.00%).
| Measure | Alma Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.66% | 1.00% | Bottom third Ahead of 25% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.72% | 3.50% | Middle third Ahead of 63% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 75.14% | 65.81% | Bottom third Ahead of 25% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.8M | $9.5M | Middle third Ahead of 43% of peers |
| Loans to deposits Net loans and leases over total deposits. | 100.33% | 82.99% | Context |
What it means for lending operations
Its efficiency ratio of 75.14% is above the 65.81% 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
- Grasshopper Bank, N.A. New York, NY · $1.60B
- Bank of Utica Utica, NY · $1.51B
- The Adirondack Trust Company Saratoga Springs, NY · $1.70B
- Pathfinder Bank Oswego, NY · $1.49B
- Rhinebeck Bank Rhinebeck, NY · $1.47B
- Ulster Savings Bank Kingston, NY · $1.39B
Questions about Alma Bank
How big is Alma Bank?
Alma Bank, established in 2007, is headquartered in Astoria, NY. It reported $1.60B in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is Alma Bank's return on assets?
0.66% annualized in Q2 2026, against a 1.00% median for 32 NY banks with half to twice its assets, ahead of 25% of them.
What is Alma Bank's efficiency ratio?
75.14% in Q2 2026: it spent about 75 cents in noninterest expense for each dollar of revenue. The peer median is 65.81%, and lower is better.
Is Alma Bank growing its loans?
Net loans grew 4.4% over the year to Q2 2026, while deposits grew 4.3%.
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 NY 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 New York bank ranked.