Northwestern Bank, National Association: how it compares with its peers
Against 105 MN banks with half to twice its assets, Northwestern Bank, National Association's strongest measure in Q2 2026 is net interest margin (6.20% vs. a 4.02% peer median). Its weakest relative measure is assets per employee ($4.6M vs. $7.3M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.85% | 1.24% | Top third Ahead of 81% of peers |
| Net interest margin Annualized net interest income over earning assets. | 6.20% | 4.02% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.11% | 61.04% | Bottom third Ahead of 32% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.6M | $7.3M | Bottom third Ahead of 4% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.58% | 76.64% | Context |
What it means for lending operations
Its efficiency ratio of 67.11% is above the 61.04% 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
- Freeport State Bank Freeport, MN · $165M
- First Security Bank Byron, MN · $162M
- First Southeast Bank Harmony, MN · $158M
- Perennial Bank Darwin, MN · $158M
- Prime Security Bank Karlstad, MN · $154M
- State Bank of Fairmont Fairmont, MN · $154M
Questions about Northwestern Bank, National Association
How big is Northwestern Bank, National Association?
Northwestern Bank, National Association, established in 1915, is headquartered in Dilworth, MN. It reported $165M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Northwestern Bank, National Association's return on assets?
1.85% annualized in Q2 2026, against a 1.24% median for 105 MN banks with half to twice its assets, ahead of 81% of them.
What is Northwestern Bank, National Association's efficiency ratio?
67.11% in Q2 2026: it spent about 67 cents in noninterest expense for each dollar of revenue. The peer median is 61.04%, and lower is better.
Is Northwestern Bank, National Association growing its loans?
Net loans grew 6.8% over the year to Q2 2026, while deposits grew 1.1%.
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.