Concorde Bank: how it compares with its peers
Against 85 MN banks with half to twice its assets, Concorde Bank's strongest measure in Q2 2026 is net interest margin (5.02% vs. a 4.06% peer median). Its weakest relative measure is return on assets (1.02% vs. 1.27%).
| Measure | Concorde Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.02% | 1.27% | Bottom third Ahead of 31% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.02% | 4.06% | Top third Ahead of 89% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.52% | 61.48% | Middle third Ahead of 56% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.4M | $7.2M | Middle third Ahead of 52% of peers |
| Loans to deposits Net loans and leases over total deposits. | 81.47% | 77.94% | Context |
What it means for lending operations
Its efficiency ratio of 60.52% is better than the 61.48% 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
- The First State Bank of Red Wing Red Wing, MN · $86M
- The First National Bank of Gilbert Gilbert, MN · $86M
- Bank of Maple Plain Maple Plain, MN · $86M
- First Security Bank - Canby Canby, MN · $85M
- Vantage Bank Kent, MN · $85M
Questions about Concorde Bank
How big is Concorde Bank?
Concorde Bank, established in 1910, is headquartered in Blomkest, MN. It reported $88M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Concorde Bank's return on assets?
1.02% annualized in Q2 2026, against a 1.27% median for 85 MN banks with half to twice its assets, ahead of 31% of them.
What is Concorde Bank's efficiency ratio?
60.52% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 61.48%, and lower is better.
Is Concorde Bank growing its loans?
Net loans shrank 2.9% over the year to Q2 2026, while deposits grew 13.6%.
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.