Western State Bank: how it compares with its peers
Against 590 U.S. banks with half to twice its assets, Western State Bank's strongest measure in Q2 2026 is net interest margin (5.33% vs. a 3.69% peer median). Its weakest relative measure is assets per employee ($7.6M vs. $8.6M).
| Measure | Western State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.01% | 1.24% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.33% | 3.69% | Top third Ahead of 96% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 47.03% | 59.18% | Top third Ahead of 83% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.6M | $8.6M | Middle third Ahead of 35% of peers |
| Loans to deposits Net loans and leases over total deposits. | 104.84% | 86.78% | Context |
What it means for lending operations
Its efficiency ratio of 47.03% is better than the 59.18% 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
- TexasBank Fort Worth, TX · $2.48B
- Esquire Bank, National Association Jericho, NY · $2.49B
- United Bank of Iowa Ida Grove, IA · $2.50B
- Newtek Bank, National Association Miami, FL · $2.47B
- Somerset Trust Company Somerset, PA · $2.47B
- Cogent Bank Orlando, FL · $2.45B
Questions about Western State Bank
How big is Western State Bank?
Western State Bank, established in 1902, is headquartered in Devils Lake, ND. It reported $2.49B in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is Western State Bank's return on assets?
2.01% annualized in Q2 2026, against a 1.24% median for 590 U.S. banks with half to twice its assets, ahead of 88% of them.
What is Western State Bank's efficiency ratio?
47.03% in Q2 2026: it spent about 47 cents in noninterest expense for each dollar of revenue. The peer median is 59.18%, and lower is better.
Is Western State Bank growing its loans?
Net loans grew 2.6% over the year to Q2 2026, while deposits grew 2.2%.
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 U.S. 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.