The First State Bank: how it compares with its peers
Against 59 KS banks with half to twice its assets, The First State Bank's strongest measure in Q2 2026 is assets per employee ($8.4M vs. a $7.2M peer median). Its weakest relative measure is net interest margin (3.03% vs. 3.95%).
| Measure | The First State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.26% | 1.36% | Middle third Ahead of 37% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.03% | 3.95% | Bottom third Ahead of 7% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.90% | 59.23% | Middle third Ahead of 47% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.4M | $7.2M | Top third Ahead of 80% of peers |
| Loans to deposits Net loans and leases over total deposits. | 49.54% | 70.40% | Context |
What it means for lending operations
Its efficiency ratio of 60.90% is above the 59.23% 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
- The Farmers State Bank Wathena, KS · $85M
- The First National Bank of Hope Hope, KS · $83M
- The Farmers State Bank Holton, KS · $86M
- FNB Washington Washington, KS · $88M
- CBW Bank Weir, KS · $81M
- The Howard State Bank, Howard, Kansas Howard, KS · $80M
Questions about The First State Bank
How big is The First State Bank?
The First State Bank, established in 1916, is headquartered in Ness City, KS. It reported $84M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The First State Bank's return on assets?
1.26% annualized in Q2 2026, against a 1.36% median for 59 KS banks with half to twice its assets, ahead of 37% of them.
What is The First State Bank's efficiency ratio?
60.90% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 59.23%, and lower is better.
Is The First State Bank growing its loans?
Net loans grew 8.6% over the year to Q2 2026, while deposits grew 2.2%.
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 KS 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 Kansas bank ranked.