Kindred State Bank: how it compares with its peers
Against 11 ND banks with half to twice its assets, Kindred State Bank's strongest measure in Q2 2026 is assets per employee ($8.7M vs. a $5.8M peer median). Its weakest relative measure is net interest margin (3.93% vs. 3.80%).
| Measure | Kindred State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.33% | 1.17% | Middle third Ahead of 64% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.93% | 3.80% | Middle third Ahead of 55% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.79% | 67.22% | Middle third Ahead of 64% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.7M | $5.8M | Top third Ahead of 91% of peers |
| Loans to deposits Net loans and leases over total deposits. | 56.64% | 66.89% | Context |
What it means for lending operations
Its efficiency ratio of 64.79% is better than the 67.22% 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
- Grant County State Bank Carson, ND · $47M
- Peoples State Bank, Fairmount, N. D. Fairmount, ND · $38M
- Rolette State Bank Rolette, ND · $52M
- Aspire Bank Fargo, ND · $61M
- State Bank of Lakota Lakota, ND · $64M
- Peoples State Bank Westhope, ND · $70M
Questions about Kindred State Bank
How big is Kindred State Bank?
Kindred State Bank, established in 1898, is headquartered in Kindred, ND. It reported $43M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Kindred State Bank's return on assets?
1.33% annualized in Q2 2026, against a 1.17% median for 11 ND banks with half to twice its assets, ahead of 64% of them.
What is Kindred State Bank's efficiency ratio?
64.79% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 67.22%, and lower is better.
Is Kindred State Bank growing its loans?
Net loans grew 1.9% over the year to Q2 2026, while deposits shrank 1.2%.
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.