Flanagan State Bank: how it compares with its peers
Against 140 IL banks with half to twice its assets, Flanagan State Bank's strongest measure in Q2 2026 is net interest margin (3.43% vs. a 3.71% peer median). Its weakest relative measure is assets per employee ($2.3M vs. $6.8M).
| Measure | Flanagan State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.35% | 1.16% | Bottom third Ahead of 9% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.43% | 3.71% | Middle third Ahead of 34% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 92.48% | 64.45% | Bottom third Ahead of 4% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $2.3M | $6.8M | Bottom third Ahead of 1% of peers |
| Loans to deposits Net loans and leases over total deposits. | 65.65% | 75.58% | Context |
What it means for lending operations
Its efficiency ratio of 92.48% is above the 64.45% 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
- Tompkins State Bank Avon, IL · $303M
- State Bank Waterloo, IL · $296M
- Holcomb Bank Rochelle, IL · $305M
- First Secure State Bank Wonder Lake, IL · $306M
- Hometown National Bank La Salle, IL · $307M
- Community Bank Winslow, IL · $311M
Questions about Flanagan State Bank
How big is Flanagan State Bank?
Flanagan State Bank, established in 1913, is headquartered in Flanagan, IL. It reported $300M in total assets in its Q2 2026 FDIC call report and operates 15 offices.
What is Flanagan State Bank's return on assets?
0.35% annualized in Q2 2026, against a 1.16% median for 140 IL banks with half to twice its assets, ahead of 9% of them.
What is Flanagan State Bank's efficiency ratio?
92.48% in Q2 2026: it spent about 92 cents in noninterest expense for each dollar of revenue. The peer median is 64.45%, and lower is better.
Is Flanagan State Bank growing its loans?
Net loans shrank 2.8% over the year to Q2 2026, while deposits grew 1.2%.
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.