Ipava State Bank: how it compares with its peers
Against 148 IL banks with half to twice its assets, Ipava State Bank's strongest measure in Q2 2026 is return on assets (1.47% vs. a 1.15% peer median). Its weakest relative measure is efficiency ratio (66.77% vs. 64.45%).
| Measure | Ipava State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.47% | 1.15% | Top third Ahead of 72% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.06% | 3.72% | Top third Ahead of 70% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 66.77% | 64.45% | Middle third Ahead of 39% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.5M | $6.5M | Middle third Ahead of 51% of peers |
| Loans to deposits Net loans and leases over total deposits. | 70.41% | 75.34% | Context |
What it means for lending operations
Its efficiency ratio of 66.77% is above the 64.45% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- First Bank and Trust Company of Illinois Palatine, IL · $229M
- Milledgeville State Bank Milledgeville, IL · $215M
- Eagle Valley Bank Griggsville, IL · $230M
- Burling Bank Chicago, IL · $214M
- Farmers State Bank of Hoffman Hoffman, IL · $232M
- West Central Bank Ashland, IL · $232M
Questions about Ipava State Bank
How big is Ipava State Bank?
Ipava State Bank, established in 1902, is headquartered in Lewistown, IL. It reported $222M in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is Ipava State Bank's return on assets?
1.47% annualized in Q2 2026, against a 1.15% median for 148 IL banks with half to twice its assets, ahead of 72% of them.
What is Ipava State Bank's efficiency ratio?
66.77% in Q2 2026: it spent about 67 cents in noninterest expense for each dollar of revenue. The peer median is 64.45%, and lower is better.
Is Ipava State Bank growing its loans?
Net loans shrank 0.1% over the year to Q2 2026, while deposits grew 8.8%.
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.