Pioneer Bank: how it compares with its peers
Against 16 VA banks with half to twice its assets, Pioneer Bank's strongest measure in Q2 2026 is return on assets (2.81% vs. a 1.24% peer median). Its weakest relative measure is assets per employee ($6.8M vs. $6.0M).
| Measure | Pioneer Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.81% | 1.24% | Top third Ahead of 81% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.63% | 4.13% | Top third Ahead of 81% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 44.88% | 62.11% | Top third Ahead of 81% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $6.0M | Top third Ahead of 75% of peers |
| Loans to deposits Net loans and leases over total deposits. | 97.06% | 79.46% | Context |
What it means for lending operations
Its efficiency ratio of 44.88% is better than the 62.11% 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
- The Farmers Bank of Appomattox Appomattox, VA · $375M
- Legacy Bank Grundy, VA · $360M
- Locus Bank, Inc. Richmond, VA · $359M
- New Horizon Bank, National Association Powhatan, VA · $359M
- First Sentinel Bank Richlands, VA · $398M
- Lee Bank and Trust Company Pennington Gap, VA · $257M
Questions about Pioneer Bank
How big is Pioneer Bank?
Pioneer Bank, established in 1909, is headquartered in Stanley, VA. It reported $372M in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is Pioneer Bank's return on assets?
2.81% annualized in Q2 2026, against a 1.24% median for 16 VA banks with half to twice its assets, ahead of 81% of them.
What is Pioneer Bank's efficiency ratio?
44.88% in Q2 2026: it spent about 45 cents in noninterest expense for each dollar of revenue. The peer median is 62.11%, and lower is better.
Is Pioneer Bank growing its loans?
Net loans grew 8.7% over the year to Q2 2026, while deposits grew 7.1%.
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 VA 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 Virginia bank ranked.