First State Bank of Forsyth: how it compares with its peers
Against 19 MT banks with half to twice its assets, First State Bank of Forsyth's strongest measure in Q2 2026 is efficiency ratio (43.18% vs. a 56.67% peer median). Its weakest relative measure is net interest margin (3.88% vs. 4.38%).
| Measure | First State Bank of Forsyth | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.77% | 1.41% | Top third Ahead of 68% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.88% | 4.38% | Bottom third Ahead of 26% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 43.18% | 56.67% | Top third Ahead of 89% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.7M | $6.9M | Top third Ahead of 79% of peers |
| Loans to deposits Net loans and leases over total deposits. | 62.26% | 74.22% | Context |
What it means for lending operations
Its efficiency ratio of 43.18% is better than the 56.67% 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 Bank of Baker Baker, MT · $161M
- Freedom Bank Columbia Falls, MT · $157M
- The First State Bank of Shelby Shelby, MT · $176M
- Citizens Bank & Trust Company Big Timber, MT · $155M
- Eagle Bank Polson, MT · $180M
- The First State Bank of Malta Malta, MT · $190M
Questions about First State Bank of Forsyth
How big is First State Bank of Forsyth?
First State Bank of Forsyth, established in 1917, is headquartered in Forsyth, MT. It reported $166M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is First State Bank of Forsyth's return on assets?
1.77% annualized in Q2 2026, against a 1.41% median for 19 MT banks with half to twice its assets, ahead of 68% of them.
What is First State Bank of Forsyth's efficiency ratio?
43.18% in Q2 2026: it spent about 43 cents in noninterest expense for each dollar of revenue. The peer median is 56.67%, and lower is better.
Is First State Bank of Forsyth growing its loans?
Net loans grew 17.6% over the year to Q2 2026, while deposits grew 8.9%.
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 MT 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 Montana bank ranked.