State Bank of Industry: how it compares with its peers
Against 65 IL banks with half to twice its assets, State Bank of Industry's strongest measure in Q2 2026 is assets per employee ($9.2M vs. a $6.1M peer median). Its weakest relative measure is net interest margin (3.31% vs. 3.74%).
| Measure | State Bank of Industry | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.23% | 0.92% | Top third Ahead of 72% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.31% | 3.74% | Bottom third Ahead of 28% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.57% | 71.61% | Middle third Ahead of 63% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.2M | $6.1M | Top third Ahead of 91% of peers |
| Loans to deposits Net loans and leases over total deposits. | 68.03% | 54.51% | Context |
What it means for lending operations
Its efficiency ratio of 62.57% is better than the 71.61% 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
- 1st Community Bank Sherrard, IL · $65M
- North County Savings Bank Red Bud, IL · $63M
- The First National Bank of Okawville Okawville, IL · $66M
- Farmers State Bank Elmwood, IL · $67M
- GN Bank Chicago, IL · $60M
Questions about State Bank of Industry
How big is State Bank of Industry?
State Bank of Industry, established in 1901, is headquartered in Industry, IL. It reported $64M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is State Bank of Industry's return on assets?
1.23% annualized in Q2 2026, against a 0.92% median for 65 IL banks with half to twice its assets, ahead of 72% of them.
What is State Bank of Industry's efficiency ratio?
62.57% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 71.61%, and lower is better.
Is State Bank of Industry growing its loans?
Net loans grew 1.4% over the year to Q2 2026, while deposits shrank 5.3%.
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.