The Bank of Monroe: how it compares with its peers
Against 22 WV banks with half to twice its assets, The Bank of Monroe's strongest measure in Q2 2026 is efficiency ratio (58.01% vs. a 67.03% peer median). Its weakest relative measure is net interest margin (3.81% vs. 4.10%).
| Measure | The Bank of Monroe | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.38% | 1.01% | Top third Ahead of 82% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.81% | 4.10% | Middle third Ahead of 36% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.01% | 67.03% | Top third Ahead of 86% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.1M | $5.3M | Middle third Ahead of 64% of peers |
| Loans to deposits Net loans and leases over total deposits. | 69.14% | 81.45% | Context |
What it means for lending operations
Its efficiency ratio of 58.01% is better than the 67.03% 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
- Capon Valley Bank Wardensville, WV · $244M
- Williamstown Bank, Inc. Williamstown, WV · $237M
- Davis Trust Company Elkins, WV · $275M
- FNB Bank, Inc. Romney, WV · $278M
- Calhoun County Bank, Inc. Grantsville, WV · $212M
- West Union Bank West Union, WV · $300M
Questions about The Bank of Monroe
How big is The Bank of Monroe?
The Bank of Monroe, established in 1903, is headquartered in Union, WV. It reported $255M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is The Bank of Monroe's return on assets?
1.38% annualized in Q2 2026, against a 1.01% median for 22 WV banks with half to twice its assets, ahead of 82% of them.
What is The Bank of Monroe's efficiency ratio?
58.01% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 67.03%, and lower is better.
Is The Bank of Monroe growing its loans?
Net loans grew 7.2% over the year to Q2 2026, while deposits grew 4.1%.
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 WV 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 West Virginia bank ranked.