Carter Bank & Trust: how it compares with its peers
Against 355 U.S. banks with half to twice its assets, Carter Bank & Trust's strongest measure in Q2 2026 is return on assets (3.66% vs. a 1.30% peer median). Its weakest relative measure is assets per employee ($6.8M vs. $9.5M).
| Measure | Carter Bank & Trust | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 3.66% | 1.30% | Top third Ahead of 97% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.33% | 3.66% | Bottom third Ahead of 29% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 38.54% | 56.87% | Top third Ahead of 89% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $9.5M | Bottom third Ahead of 14% of peers |
| Loans to deposits Net loans and leases over total deposits. | 87.67% | 88.60% | Context |
What it means for lending operations
Its efficiency ratio of 38.54% is better than the 56.87% 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
- Hills Bank and Trust Company Hills, IA · $4.79B
- Wheaton Bank & Trust, National Association Wheaton, IL · $4.79B
- First Bank & Trust Brookings, SD · $4.78B
- Bar Harbor Bank & Trust Bar Harbor, ME · $4.73B
- Town Bank, National Association Hartland, WI · $4.71B
Questions about Carter Bank & Trust
How big is Carter Bank & Trust?
Carter Bank & Trust, established in 2006, is headquartered in Martinsville, VA. It reported $4.80B in total assets in its Q2 2026 FDIC call report and operates 66 offices.
What is Carter Bank & Trust's return on assets?
3.66% annualized in Q2 2026, against a 1.30% median for 355 U.S. banks with half to twice its assets, ahead of 97% of them.
What is Carter Bank & Trust's efficiency ratio?
38.54% in Q2 2026: it spent about 39 cents in noninterest expense for each dollar of revenue. The peer median is 56.87%, and lower is better.
Is Carter Bank & Trust growing its loans?
Net loans grew 0.1% over the year to Q2 2026, while deposits shrank 0.8%.
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 U.S. 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 Virginia bank ranked.