KodaBank: how it compares with its peers
Against 17 ND banks with half to twice its assets, KodaBank's strongest measure in Q2 2026 is efficiency ratio (53.57% vs. a 55.56% peer median). Its weakest relative measure is net interest margin (3.82% vs. 4.00%).
| Measure | KodaBank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.69% | 1.66% | Middle third Ahead of 53% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.82% | 4.00% | Middle third Ahead of 35% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 53.57% | 55.56% | Middle third Ahead of 59% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.9M | $7.7M | Middle third Ahead of 59% of peers |
| Loans to deposits Net loans and leases over total deposits. | 88.22% | 82.06% | Context |
What it means for lending operations
Its efficiency ratio of 53.57% is better than the 55.56% 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
- First State Bank & Trust Williston, ND · $543M
- Unison Bank Jamestown, ND · $597M
- American State Bank & Trust Company of Williston Williston, ND · $643M
- BankNorth Arthur, ND · $694M
- First State Bank Buxton, ND · $424M
- Dakota Heritage Bank Hunter, ND · $417M
Questions about KodaBank
How big is KodaBank?
KodaBank, established in 1916, is headquartered in Drayton, ND. It reported $560M in total assets in its Q2 2026 FDIC call report and operates 12 offices.
What is KodaBank's return on assets?
1.69% annualized in Q2 2026, against a 1.66% median for 17 ND banks with half to twice its assets, ahead of 53% of them.
What is KodaBank's efficiency ratio?
53.57% in Q2 2026: it spent about 54 cents in noninterest expense for each dollar of revenue. The peer median is 55.56%, and lower is better.
Is KodaBank growing its loans?
Net loans grew 5.0% over the year to Q2 2026, while deposits grew 8.6%.
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 ND 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 North Dakota bank ranked.