State Bank of Fairmont
Fairmont, MN · Cert 8541 · Peer group: banks under $1B in assets in MN (n=112-114) · Web Inc.
State charter, non-member · FDIC · 1 branch
Q2 2026
$154.2MAssets
$106.2MLoans
$139.1MDeposits
$14.8MEquity
Executive Summary
- Strongest standing: efficiency ratio outperforms 82% of banks under $1B in assets in MN (rank 22 of 114).
- Widest gap: net charge-offs / loans trails 87% of banks under $1B in assets in MN (rank 98 of 112).
- Overall: at or above the peer median on 5 of 9 directional measures.
Return on Assets
1.38%
Rank 33 of 114
Net Interest Margin
3.67%
Rank 74 of 114
Efficiency Ratio
52.79%
Rank 22 of 114
Equity / Assets
9.59%
Rank 71 of 114
Non-interest income vs. expense
Unfavorable gap of $2.9M · efficiency ratio beats 82% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.38% | 0.87% | 1.20% | 1.41% | Beats 71% | 33 / 114 | |
| Return on Equity | 14.35% | 8.92% | 11.27% | 13.99% | Beats 77% | 26 / 114 | |
| Net Interest Margin | 3.67% | 3.39% | 3.88% | 4.31% | Beats 35% | 74 / 114 | |
| Efficiency Ratio | 52.79% | 54.13% | 61.64% | 69.86% | Beats 82% | 22 / 114 | |
| Asset Quality |
| Nonperforming Loans / Loans | 2.03% | 0.09% | 0.58% | 1.82% | Beats 23% | 87 / 112 | |
| Net Charge-Offs / Loans | 0.14% | n/a | 0.00% | 0.04% | Beats 13% | 98 / 112 | |
| Capital |
| Tier 1 Capital Ratio | 15.54% | 11.46% | 13.31% | 18.13% | Beats 64% | 41 / 114 | |
| Total Risk-Based Capital Ratio | 16.80% | 12.01% | 14.43% | 19.39% | Beats 67% | 38 / 114 | |
| Equity / Assets | 9.59% | 8.52% | 10.22% | 11.94% | Beats 38% | 71 / 114 | |
| Liquidity & Funding |
| Loans / Deposits | 76.40% | 62.85% | 77.32% | 88.06% | 48th pctl | 58 / 112 | |
| Loans / Assets | 68.88% | 55.01% | 66.35% | 75.50% | 54th pctl | 52 / 114 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |