Echelon Bank: how it compares with its peers
Against 539 U.S. banks with half to twice its assets, Echelon Bank's strongest measure in Q2 2026 is assets per employee ($1.6M vs. a $6.1M peer median). Its weakest relative measure is efficiency ratio (2359.41% vs. 69.42%).
| Measure | Echelon Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -8.19% | 1.04% | Bottom third Ahead of 1% of peers |
| Net interest margin Annualized net interest income over earning assets. | 0.40% | 3.87% | Bottom third Ahead of 1% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 2359.41% | 69.42% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $1.6M | $6.1M | Bottom third Ahead of 3% of peers |
| Loans to deposits Net loans and leases over total deposits. | 15.98% | 67.32% | Context |
What it means for lending operations
Its efficiency ratio of 2359.41% is above the 69.42% 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
- Farmers & Merchants Bank of Hutsonville Hutsonville, IL · $52M
- Richton Bank & Trust Company Richton, MS · $52M
- The Mer Rouge State Bank Mer Rouge, LA · $52M
- Lovelady State Bank Lovelady, TX · $53M
- Citizens Bank of Morgantown, Inc. Morgantown, WV · $53M
- The First National Bank of Wakefield Wakefield, MI · $53M
Questions about Echelon Bank
How big is Echelon Bank?
Echelon Bank, established in 2026, is headquartered in Clearwater, FL. It reported $52M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Echelon Bank's return on assets?
-8.19% annualized in Q2 2026, against a 1.04% median for 539 U.S. banks with half to twice its assets, ahead of 1% of them.
What is Echelon Bank's efficiency ratio?
2359.41% in Q2 2026: it spent about 2359 cents in noninterest expense for each dollar of revenue. The peer median is 69.42%, and lower is better.
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 Florida bank ranked.