Grasshopper Bank, N.A.: how it compares with its peers
Against 32 NY banks with half to twice its assets, Grasshopper Bank, N.A.'s strongest measure in Q2 2026 is assets per employee ($10.3M vs. a $9.4M peer median). Its weakest relative measure is efficiency ratio (76.79% vs. 65.81%).
| Measure | Grasshopper Bank, N.A. | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.04% | 0.98% | Middle third Ahead of 56% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.69% | 3.50% | Middle third Ahead of 59% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 76.79% | 65.81% | Bottom third Ahead of 19% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.3M | $9.4M | Middle third Ahead of 60% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.99% | 83.45% | Context |
What it means for lending operations
Its efficiency ratio of 76.79% 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
- Alma Bank Astoria, 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 Grasshopper Bank, N.A.
How big is Grasshopper Bank, N.A.?
Grasshopper Bank, N.A., established in 2019, is headquartered in New York, NY. It reported $1.60B in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Grasshopper Bank, N.A.'s return on assets?
1.04% annualized in Q2 2026, against a 0.98% median for 32 NY banks with half to twice its assets, ahead of 56% of them.
What is Grasshopper Bank, N.A.'s efficiency ratio?
76.79% in Q2 2026: it spent about 77 cents in noninterest expense for each dollar of revenue. The peer median is 65.81%, and lower is better.
Is Grasshopper Bank, N.A. growing its loans?
Net loans grew 25.1% over the year to Q2 2026, while deposits grew 20.4%.
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.