First National Bank of Steeleville: how it compares with its peers
Against 144 IL banks with half to twice its assets, First National Bank of Steeleville's strongest measure in Q2 2026 is return on assets (1.92% vs. a 1.19% peer median). Its weakest relative measure is net interest margin (3.67% vs. 3.75%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.92% | 1.19% | Top third Ahead of 90% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.67% | 3.75% | Middle third Ahead of 43% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 50.94% | 64.72% | Top third Ahead of 87% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.8M | $6.6M | Top third Ahead of 71% of peers |
| Loans to deposits Net loans and leases over total deposits. | 47.79% | 75.59% | Context |
What it means for lending operations
Its efficiency ratio of 50.94% is better than the 64.72% 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
- SouthernTrust Bank Marion, IL · $278M
- The Farmers and Merchants National Bank of Nashville Nashville, IL · $270M
- North Shore Trust and Savings Waukegan, IL · $270M
- Town & Country Bank Midwest Quincy, IL · $279M
- Community First Bank of the Heartland Mount Vernon, IL · $267M
- First Bank of Manhattan Manhattan, IL · $266M
Questions about First National Bank of Steeleville
How big is First National Bank of Steeleville?
First National Bank of Steeleville, established in 1902, is headquartered in Steeleville, IL. It reported $275M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is First National Bank of Steeleville's return on assets?
1.92% annualized in Q2 2026, against a 1.19% median for 144 IL banks with half to twice its assets, ahead of 90% of them.
What is First National Bank of Steeleville's efficiency ratio?
50.94% in Q2 2026: it spent about 51 cents in noninterest expense for each dollar of revenue. The peer median is 64.72%, and lower is better.
Is First National Bank of Steeleville growing its loans?
Net loans shrank 2.2% over the year to Q2 2026, while deposits shrank 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.