Sweet Water State Bank: how it compares with its peers
Against 37 AL banks with half to twice its assets, Sweet Water State Bank's strongest measure in Q2 2026 is return on assets (1.59% vs. a 1.05% peer median). Its weakest relative measure is assets per employee ($4.4M vs. $4.9M).
| Measure | Sweet Water State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.59% | 1.05% | Top third Ahead of 95% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.37% | 3.88% | Top third Ahead of 92% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 70.25% | 69.88% | Middle third Ahead of 49% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.4M | $4.9M | Middle third Ahead of 38% of peers |
| Loans to deposits Net loans and leases over total deposits. | 56.86% | 65.08% | Context |
What it means for lending operations
Its efficiency ratio of 70.25% is above the 69.88% 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
- Bank of Moundville Moundville, AL · $145M
- Citizens' Bank, Inc. Robertsdale, AL · $159M
- Merchants & Farmers Bank of Greene County, Alabama Eutaw, AL · $136M
- The Southern Bank Company Gadsden, AL · $133M
- First State Bank of the South, Inc. Sulligent, AL · $131M
- Valley State Bank Russellville, AL · $169M
Questions about Sweet Water State Bank
How big is Sweet Water State Bank?
Sweet Water State Bank, established in 1913, is headquartered in Sweet Water, AL. It reported $150M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Sweet Water State Bank's return on assets?
1.59% annualized in Q2 2026, against a 1.05% median for 37 AL banks with half to twice its assets, ahead of 95% of them.
What is Sweet Water State Bank's efficiency ratio?
70.25% in Q2 2026: it spent about 70 cents in noninterest expense for each dollar of revenue. The peer median is 69.88%, and lower is better.
Is Sweet Water State Bank growing its loans?
Net loans grew 2.4% over the year to Q2 2026, while deposits grew 5.2%.
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 AL 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 Alabama bank ranked.