First State Bank of Olmsted: how it compares with its peers
Against 81 IL banks with half to twice its assets, First State Bank of Olmsted's strongest measure in Q2 2026 is efficiency ratio (58.60% vs. a 67.22% peer median). Its weakest relative measure is assets per employee ($4.9M vs. $6.2M).
| Measure | First State Bank of Olmsted | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.21% | 1.01% | Top third Ahead of 67% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.74% | 3.73% | Middle third Ahead of 53% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.60% | 67.22% | Top third Ahead of 73% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.9M | $6.2M | Bottom third Ahead of 19% of peers |
| Loans to deposits Net loans and leases over total deposits. | 74.67% | 63.55% | Context |
What it means for lending operations
Its efficiency ratio of 58.60% is better than the 67.22% 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 National Bank of Ava Ava, IL · $78M
- Washington State Bank Washington, IL · $79M
- Marseilles Bank Marseilles, IL · $78M
- Beardstown Savings s.b. Beardstown, IL · $79M
- Kinmundy Bank Kinmundy, IL · $80M
- The Atlanta National Bank Atlanta, IL · $81M
Questions about First State Bank of Olmsted
How big is First State Bank of Olmsted?
First State Bank of Olmsted, established in 1921, is headquartered in Olmsted, IL. It reported $78M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is First State Bank of Olmsted's return on assets?
1.21% annualized in Q2 2026, against a 1.01% median for 81 IL banks with half to twice its assets, ahead of 67% of them.
What is First State Bank of Olmsted's efficiency ratio?
58.60% in Q2 2026: it spent about 59 cents in noninterest expense for each dollar of revenue. The peer median is 67.22%, and lower is better.
Is First State Bank of Olmsted growing its loans?
Net loans grew 10.3% over the year to Q2 2026, while deposits shrank 0.5%.
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.