First National Bank of Scotia: how it compares with its peers
Against 35 NY banks with half to twice its assets, First National Bank of Scotia's strongest measure in Q2 2026 is net interest margin (4.34% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($5.0M vs. $7.5M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.74% | 0.76% | Middle third Ahead of 49% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.34% | 3.64% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 74.27% | 71.64% | Middle third Ahead of 43% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.0M | $7.5M | Bottom third Ahead of 9% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.90% | 87.82% | Context |
What it means for lending operations
Its efficiency ratio of 74.27% is above the 71.64% 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
- Lake Shore Bank Dunkirk, NY · $736M
- Jeff Bank, National Association Jeffersonville, NY · $686M
- Geddes Federal Savings and Loan Association Syracuse, NY · $686M
- Carver Federal Savings Bank New York, NY · $658M
- Quontic Bank Astoria, NY · $787M
- Modern Bank, National Association New York, NY · $649M
Questions about First National Bank of Scotia
How big is First National Bank of Scotia?
First National Bank of Scotia, established in 1923, is headquartered in Scotia, NY. It reported $719M in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is First National Bank of Scotia's return on assets?
0.74% annualized in Q2 2026, against a 0.76% median for 35 NY banks with half to twice its assets, ahead of 49% of them.
What is First National Bank of Scotia's efficiency ratio?
74.27% in Q2 2026: it spent about 74 cents in noninterest expense for each dollar of revenue. The peer median is 71.64%, and lower is better.
Is First National Bank of Scotia growing its loans?
Net loans grew 1.2% over the year to Q2 2026, while deposits grew 3.3%.
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 NY 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 New York bank ranked.