Primary Bank: how it compares with its peers
Against 1000 U.S. banks with half to twice its assets, Primary Bank's strongest measure in Q2 2026 is assets per employee ($12.8M vs. a $7.3M peer median). Its weakest relative measure is net interest margin (4.05% vs. 3.85%).
| Measure | Primary Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.75% | 1.26% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.05% | 3.85% | Middle third Ahead of 61% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 45.63% | 61.38% | Top third Ahead of 89% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.8M | $7.3M | Top third Ahead of 92% of peers |
| Loans to deposits Net loans and leases over total deposits. | 103.19% | 83.28% | Context |
What it means for lending operations
Its efficiency ratio of 45.63% is better than the 61.38% 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
- FNB Bank, Inc. Mayfield, KY · $770M
- Schertz Bank & Trust Schertz, TX · $770M
- Sage Capital Bank, Gonzales, TX · $769M
- The Peoples Bank, Biloxi, Mississippi Biloxi, MS · $771M
- Itasca Bank & Trust Co. Itasca, IL · $771M
- West Plains Bank and Trust Company West Plains, MO · $768M
Questions about Primary Bank
How big is Primary Bank?
Primary Bank, established in 2015, is headquartered in Bedford, NH. It reported $770M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Primary Bank's return on assets?
1.75% annualized in Q2 2026, against a 1.26% median for 1000 U.S. banks with half to twice its assets, ahead of 77% of them.
What is Primary Bank's efficiency ratio?
45.63% in Q2 2026: it spent about 46 cents in noninterest expense for each dollar of revenue. The peer median is 61.38%, and lower is better.
Is Primary Bank growing its loans?
Net loans grew 8.4% over the year to Q2 2026, while deposits grew 5.1%.
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 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 New Hampshire bank ranked.