Legence Bank: how it compares with its peers
Against 99 IL banks with half to twice its assets, Legence Bank's strongest measure in Q2 2026 is net interest margin (5.26% vs. a 3.68% peer median). Its weakest relative measure is assets per employee ($5.1M vs. $7.4M).
| Measure | Legence Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.96% | 1.18% | Top third Ahead of 91% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.26% | 3.68% | Top third Ahead of 98% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.41% | 61.74% | Middle third Ahead of 49% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.1M | $7.4M | Bottom third Ahead of 8% of peers |
| Loans to deposits Net loans and leases over total deposits. | 68.99% | 78.43% | Context |
What it means for lending operations
Its efficiency ratio of 62.41% is above the 61.74% 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
- Bank & Trust Company Litchfield, IL · $641M
- Stillman BancCorp N.A. Stillman Valley, IL · $646M
- TrustBank Olney, IL · $640M
- First Eagle Bank Chicago, IL · $650M
- Peoples Bank & Trust Pana, IL · $657M
- The First National Bank of Carmi Carmi, IL · $622M
Questions about Legence Bank
How big is Legence Bank?
Legence Bank, established in 1906, is headquartered in Eldorado, IL. It reported $643M in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is Legence Bank's return on assets?
1.96% annualized in Q2 2026, against a 1.18% median for 99 IL banks with half to twice its assets, ahead of 91% of them.
What is Legence Bank's efficiency ratio?
62.41% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 61.74%, and lower is better.
Is Legence Bank growing its loans?
Net loans shrank 6.3% over the year to Q2 2026, while deposits shrank 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 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.