Lake City Bank: how it compares with its peers
Against 235 U.S. banks with half to twice its assets, Lake City Bank's strongest measure in Q2 2026 is efficiency ratio (45.83% vs. a 54.97% peer median). Its weakest relative measure is net interest margin (3.47% vs. 3.68%).
| Measure | Lake City Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.66% | 1.34% | Top third Ahead of 75% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.47% | 3.68% | Middle third Ahead of 38% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 45.83% | 54.97% | Top third Ahead of 80% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.4M | $10.0M | Middle third Ahead of 55% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.89% | 88.23% | Context |
What it means for lending operations
Its efficiency ratio of 45.83% is better than the 54.97% 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
- Pathward, National Association Sioux Falls, SD · $7.31B
- The Farmers National Bank of Canfield Canfield, OH · $7.16B
- Mizrahi Tefahot Bank, Ltd. Los Angeles, CA · $7.39B
- TBK BANK, SSB Dallas, TX · $7.40B
- Johnson Bank Racine, WI · $7.07B
Questions about Lake City Bank
How big is Lake City Bank?
Lake City Bank, established in 1872, is headquartered in Warsaw, IN. It reported $7.24B in total assets in its Q2 2026 FDIC call report and operates 58 offices.
What is Lake City Bank's return on assets?
1.66% annualized in Q2 2026, against a 1.34% median for 235 U.S. banks with half to twice its assets, ahead of 75% of them.
What is Lake City Bank's efficiency ratio?
45.83% in Q2 2026: it spent about 46 cents in noninterest expense for each dollar of revenue. The peer median is 54.97%, and lower is better.
Is Lake City Bank growing its loans?
Net loans grew 6.8% over the year to Q2 2026, while deposits grew 2.7%.
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 U.S. 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 Indiana bank ranked.