Raritan State Bank: how it compares with its peers
Against 145 IL banks with half to twice its assets, Raritan State Bank's strongest measure in Q2 2026 is efficiency ratio (59.51% vs. a 64.64% peer median). Its weakest relative measure is net interest margin (3.56% vs. 3.77%).
| Measure | Raritan State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.06% | 1.20% | Middle third Ahead of 42% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.56% | 3.77% | Middle third Ahead of 36% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.51% | 64.64% | Middle third Ahead of 66% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.3M | $6.5M | Middle third Ahead of 46% of peers |
| Loans to deposits Net loans and leases over total deposits. | 84.06% | 75.06% | Context |
What it means for lending operations
Its efficiency ratio of 59.51% is better than the 64.64% 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 Clay City Banking Co. Clay City, IL · $253M
- Security Bank, s.b. Springfield, IL · $244M
- BankChampaign, National Association Champaign, IL · $243M
- PeopleFirst Bank Joliet, IL · $266M
- First Bank of Manhattan Manhattan, IL · $266M
- Security Savings Bank Monmouth, IL · $241M
Questions about Raritan State Bank
How big is Raritan State Bank?
Raritan State Bank, established in 1920, is headquartered in Raritan, IL. It reported $254M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Raritan State Bank's return on assets?
1.06% annualized in Q2 2026, against a 1.20% median for 145 IL banks with half to twice its assets, ahead of 42% of them.
What is Raritan State Bank's efficiency ratio?
59.51% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 64.64%, and lower is better.
Is Raritan State Bank growing its loans?
Net loans grew 9.5% over the year to Q2 2026, while deposits grew 1.2%.
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.