Spring Bank: how it compares with its peers
Against 32 NY banks with half to twice its assets, Spring Bank's strongest measure in Q2 2026 is efficiency ratio (41.20% vs. a 73.38% peer median). Its weakest relative measure is net interest margin (4.11% vs. 3.75%).
| Measure | Spring Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.71% | 0.72% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.11% | 3.75% | Middle third Ahead of 66% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 41.20% | 73.38% | Top third Ahead of 91% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $13.6M | $7.3M | Top third Ahead of 90% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.15% | 88.47% | Context |
What it means for lending operations
Its efficiency ratio of 41.20% is better than the 73.38% 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
- Modern Bank, National Association New York, NY · $649M
- Tioga State Bank National Association Spencer, NY · $625M
- Carver Federal Savings Bank New York, NY · $658M
- NewBank Flushing, NY · $618M
- Empire State Bank Staten Island, NY · $618M
- Geddes Federal Savings and Loan Association Syracuse, NY · $686M
Questions about Spring Bank
How big is Spring Bank?
Spring Bank, established in 2007, is headquartered in Bronx, NY. It reported $641M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Spring Bank's return on assets?
1.71% annualized in Q2 2026, against a 0.72% median for 32 NY banks with half to twice its assets, ahead of 88% of them.
What is Spring Bank's efficiency ratio?
41.20% in Q2 2026: it spent about 41 cents in noninterest expense for each dollar of revenue. The peer median is 73.38%, and lower is better.
Is Spring Bank growing its loans?
Net loans grew 33.9% over the year to Q2 2026, while deposits grew 27.6%.
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.