Peoples State Bank of Colfax: how it compares with its peers
Against 51 IL banks with half to twice its assets, Peoples State Bank of Colfax's strongest measure in Q2 2026 is efficiency ratio (56.02% vs. a 75.90% peer median). Its weakest relative measure is assets per employee ($5.5M vs. $5.8M).
| Measure | Peoples State Bank of Colfax | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.31% | 0.82% | Top third Ahead of 76% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.84% | 3.75% | Middle third Ahead of 55% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.02% | 75.90% | Top third Ahead of 80% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.5M | $5.8M | Middle third Ahead of 49% of peers |
| Loans to deposits Net loans and leases over total deposits. | 45.67% | 54.51% | Context |
What it means for lending operations
Its efficiency ratio of 56.02% is better than the 75.90% 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
- Buckley State Bank Buckley, IL · $49M
- Farmers & Merchants Bank of Hutsonville Hutsonville, IL · $52M
- Camp Grove State Bank Camp Grove, IL · $53M
- Table Grove State Bank Table Grove, IL · $46M
- Community National Bank in Monmouth Monmouth, IL · $55M
- First Community Bank, Xenia-Flora Xenia, IL · $56M
Questions about Peoples State Bank of Colfax
How big is Peoples State Bank of Colfax?
Peoples State Bank of Colfax, established in 1892, is headquartered in Colfax, IL. It reported $50M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Peoples State Bank of Colfax's return on assets?
1.31% annualized in Q2 2026, against a 0.82% median for 51 IL banks with half to twice its assets, ahead of 76% of them.
What is Peoples State Bank of Colfax's efficiency ratio?
56.02% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 75.90%, and lower is better.
Is Peoples State Bank of Colfax growing its loans?
Net loans grew 2.9% over the year to Q2 2026, while deposits grew 10.1%.
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 IL 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 Illinois bank ranked.