CorTrust Bank National Association: how it compares with its peers
Against 11 SD banks with half to twice its assets, CorTrust Bank National Association's strongest measure in Q2 2026 is net interest margin (3.74% vs. a 3.86% peer median). Its weakest relative measure is return on assets (0.38% vs. 1.34%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.38% | 1.34% | Bottom third Ahead of 9% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.74% | 3.86% | Middle third Ahead of 36% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 79.74% | 62.97% | Bottom third Ahead of 27% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.2M | $7.6M | Bottom third Ahead of 27% of peers |
| Loans to deposits Net loans and leases over total deposits. | 72.89% | 86.63% | Context |
What it means for lending operations
Its efficiency ratio of 79.74% is above the 62.97% 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
- First Savings Bank Beresford, SD · $1.59B
- 1st Financial Bank USA Dakota Dunes, SD · $1.40B
- Plains Commerce Bank Sioux Falls, SD · $1.30B
- BankWest, Inc. Pierre, SD · $1.93B
- First National Bank Fort Pierre, SD · $2.03B
Questions about CorTrust Bank National Association
How big is CorTrust Bank National Association?
CorTrust Bank National Association, established in 1930, is headquartered in Mitchell, SD. It reported $1.56B in total assets in its Q2 2026 FDIC call report and operates 36 offices.
What is CorTrust Bank National Association's return on assets?
0.38% annualized in Q2 2026, against a 1.34% median for 11 SD banks with half to twice its assets, ahead of 9% of them.
What is CorTrust Bank National Association's efficiency ratio?
79.74% in Q2 2026: it spent about 80 cents in noninterest expense for each dollar of revenue. The peer median is 62.97%, and lower is better.
Is CorTrust Bank National Association growing its loans?
Net loans grew 0.5% over the year to Q2 2026, while deposits grew 8.0%.
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 SD 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 South Dakota bank ranked.