RANKING ·
Lowest efficiency ratio in North Dakota
47 of 60 banks in North Dakota that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets and positive revenue. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Efficiency ratio (noninterest expense / revenue) | Total assets |
|---|---|---|---|---|
| 1 | Liberty State Bank | Powers Lake, ND | 33.8% | $159 million |
| 2 | Turtle Mountain State Bank | Belcourt, ND | 39.9% | $114 million |
| 3 | Commercial Bank of Mott | Mott, ND | 40.6% | $140 million |
| 4 | First State Bank of Golva | Golva, ND | 41.7% | $124 million |
| 5 | Dakota Western Bank | Bowman, ND | 42.6% | $416 million |
| 6 | Stock Growers Bank | Forman, ND | 44.0% | $333 million |
| 7 | Merchants Bank | Rugby, ND | 44.1% | $254 million |
| 8 | American State Bank & Trust Company of Williston | Williston, ND | 44.3% | $643 million |
| 9 | Western State Bank | Devils Lake, ND | 46.7% | $2.5 billion |
| 10 | First State Bank | Buxton, ND | 47.7% | $424 million |
| 11 | Dakota Heritage Bank | Hunter, ND | 49.0% | $417 million |
| 12 | Farmers and Merchants State Bank | Langdon, ND | 50.0% | $143 million |
| 13 | First State Bank & Trust | Williston, ND | 50.5% | $543 million |
| 14 | Kodabank | Drayton, ND | 51.9% | $560 million |
| 15 | Dakota Community Bank & Trust N.A. | Hebron, ND | 52.0% | $1.4 billion |
| 16 | First National Bank and Trust Company of Bottineau | Bottineau, ND | 52.2% | $176 million |
| 17 | Banknorth | Arthur, ND | 52.3% | $694 million |
| 18 | First United Bank | Park River, ND | 52.4% | $811 million |
| 19 | Choice Financial Group | Fargo, ND | 52.9% | $6.4 billion |
| 20 | Strasburg State Bank | Strasburg, ND | 53.2% | $104 million |
| 21 | State Bank & Trust of Kenmare | Kenmare, ND | 53.3% | $201 million |
| 22 | Peoples State Bank of Velva | Velva, ND | 54.6% | $210 million |
| 23 | Unison Bank | Jamestown, ND | 54.8% | $597 million |
| 24 | Trucommunity Bank | Garrison, ND | 56.2% | $338 million |
| 25 | Bravera Bank | Dickinson, ND | 56.6% | $3.8 billion |
| 26 | Kirkwood Bank and Trust Company | Bismarck, ND | 57.1% | $351 million |
| 27 | Cornerstone Bank | Fargo, ND | 57.8% | $1.9 billion |
| 28 | Mcintosh County Bank | Ashley, ND | 57.9% | $119 million |
| 29 | Security First Bank of North Dakota | New Salem, ND | 61.8% | $293 million |
| 30 | Border Bank | Fargo, ND | 61.8% | $1.1 billion |
| 31 | Alerus Financial N.A. | Grand Forks, ND | 62.6% | $5.3 billion |
| 32 | Horizon Financial Bank | Munich, ND | 64.0% | $201 million |
| 33 | United Valley Bank | Cavalier, ND | 64.1% | $752 million |
| 34 | The Goose River Bank | Mayville, ND | 65.0% | $173 million |
| 35 | Bank Forward | Fargo, ND | 65.3% | $1.1 billion |
| 36 | Starion Bank | Bismarck, ND | 65.3% | $2.1 billion |
| 37 | First Western Bank and Trust | Minot, ND | 66.4% | $2.4 billion |
| 38 | Farmers & Merchants Bank of North Dakota | Tolna, ND | 66.6% | $120 million |
| 39 | State Bank of Bottineau | Bottineau, ND | 66.6% | $117 million |
| 40 | Union State Bank of Hazen | Hazen, ND | 66.9% | $257 million |
| 41 | The Union Bank | Beulah, ND | 67.2% | $312 million |
| 42 | Bell Bank | Fargo, ND | 69.5% | $15.2 billion |
| 43 | American Federal Bank | Fargo, ND | 70.5% | $796 million |
| 44 | Lincoln State Bank | Hankinson, ND | 70.7% | $125 million |
| 45 | First International Bank and Trust | Watford City, ND | 73.2% | $6.2 billion |
| 46 | Gate City Bank | Fargo, ND | 73.9% | $4.0 billion |
| 47 | The Bank of Tioga | Tioga, ND | 83.2% | $412 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings