First State Bank of Forrest: how it compares with its peers
Against 141 IL banks with half to twice its assets, First State Bank of Forrest's strongest measure in Q2 2026 is net interest margin (3.68% vs. a 3.70% peer median). Its weakest relative measure is return on assets (0.81% vs. 1.15%).
| Measure | First State Bank of Forrest | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.81% | 1.15% | Bottom third Ahead of 26% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.68% | 3.70% | Middle third Ahead of 47% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.28% | 64.53% | Middle third Ahead of 46% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.1M | $6.8M | Middle third Ahead of 39% of peers |
| Loans to deposits Net loans and leases over total deposits. | 97.59% | 74.62% | Context |
What it means for lending operations
Its efficiency ratio of 65.28% is above the 64.53% 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 Harvard State Bank Harvard, IL · $331M
- The First National Bank in Amboy Amboy, IL · $325M
- The Havana National Bank Havana, IL · $333M
- Forest Park National Bank and Trust Company Forest Park, IL · $322M
- The First Trust and Savings Bank of Watseka, Illinois Watseka, IL · $337M
- 1NB Bank Carlyle, IL · $319M
Questions about First State Bank of Forrest
How big is First State Bank of Forrest?
First State Bank of Forrest, established in 1914, is headquartered in Forrest, IL. It reported $328M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is First State Bank of Forrest's return on assets?
0.81% annualized in Q2 2026, against a 1.15% median for 141 IL banks with half to twice its assets, ahead of 26% of them.
What is First State Bank of Forrest's efficiency ratio?
65.28% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 64.53%, and lower is better.
Is First State Bank of Forrest growing its loans?
Net loans shrank 0.4% over the year to Q2 2026, while deposits grew 6.1%.
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.