First United Bank: how it compares with its peers
Against 58 TX banks with half to twice its assets, First United Bank's strongest measure in Q2 2026 is return on assets (2.03% vs. a 1.58% peer median). Its weakest relative measure is assets per employee ($8.2M vs. $8.7M).
| Measure | First United Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.03% | 1.58% | Top third Ahead of 79% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.02% | 3.92% | Middle third Ahead of 57% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 50.50% | 56.82% | Top third Ahead of 67% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.2M | $8.7M | Middle third Ahead of 42% of peers |
| Loans to deposits Net loans and leases over total deposits. | 69.82% | 77.51% | Context |
What it means for lending operations
Its efficiency ratio of 50.50% is better than the 56.82% 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
- Texas First Bank Texas City, TX · $2.35B
- TexasBank Fort Worth, TX · $2.48B
- American National Bank & Trust Wichita Falls, TX · $2.54B
- Golden Bank, National Association Houston, TX · $2.28B
- Community National Bank Midland, TX · $2.54B
- Horizon Bank, SSB Austin, TX · $2.55B
Questions about First United Bank
How big is First United Bank?
First United Bank, established in 1907, is headquartered in Dimmitt, TX. It reported $2.41B in total assets in its Q2 2026 FDIC call report and operates 25 offices.
What is First United Bank's return on assets?
2.03% annualized in Q2 2026, against a 1.58% median for 58 TX banks with half to twice its assets, ahead of 79% of them.
What is First United Bank's efficiency ratio?
50.50% in Q2 2026: it spent about 51 cents in noninterest expense for each dollar of revenue. The peer median is 56.82%, and lower is better.
Is First United Bank growing its loans?
Net loans grew 2.8% over the year to Q2 2026, while deposits grew 0.9%.
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 TX 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 Texas bank ranked.