Woodland Bank: how it compares with its peers
Against 102 MN banks with half to twice its assets, Woodland Bank's strongest measure in Q2 2026 is net interest margin (4.85% vs. a 4.08% peer median). Its weakest relative measure is efficiency ratio (71.76% vs. 60.96%).
| Measure | Woodland Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.01% | 1.33% | Bottom third Ahead of 24% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.85% | 4.08% | Top third Ahead of 91% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 71.76% | 60.96% | Bottom third Ahead of 16% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.5M | $7.2M | Bottom third Ahead of 21% of peers |
| Loans to deposits Net loans and leases over total deposits. | 89.19% | 77.75% | Context |
What it means for lending operations
Its efficiency ratio of 71.76% is above the 60.96% 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
- The First National Bank of Le Center Lonsdale, MN · $178M
- Americana Community Bank Sleepy Eye, MN · $180M
- Battle Bank, National Association Upsala, MN · $181M
- First Security Bank - Sleepy Eye Sleepy Eye, MN · $183M
- Pine River State Bank Pine River, MN · $185M
- Freeport State Bank Freeport, MN · $165M
Questions about Woodland Bank
How big is Woodland Bank?
Woodland Bank, established in 1920, is headquartered in Deer River, MN. It reported $177M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Woodland Bank's return on assets?
1.01% annualized in Q2 2026, against a 1.33% median for 102 MN banks with half to twice its assets, ahead of 24% of them.
What is Woodland Bank's efficiency ratio?
71.76% in Q2 2026: it spent about 72 cents in noninterest expense for each dollar of revenue. The peer median is 60.96%, and lower is better.
Is Woodland Bank growing its loans?
Net loans grew 9.1% over the year to Q2 2026, while deposits grew 6.6%.
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 MN 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 Minnesota bank ranked.