The Peoples State Bank: how it compares with its peers
Against 45 IN banks with half to twice its assets, The Peoples State Bank's strongest measure in Q2 2026 is return on assets (1.48% vs. a 1.09% peer median). Its weakest relative measure is assets per employee ($5.4M vs. $6.5M).
| Measure | The Peoples State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.48% | 1.09% | Top third Ahead of 71% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.73% | 3.72% | Middle third Ahead of 51% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.53% | 64.43% | Middle third Ahead of 49% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.4M | $6.5M | Bottom third Ahead of 20% of peers |
| Loans to deposits Net loans and leases over total deposits. | 61.79% | 82.03% | Context |
What it means for lending operations
Its efficiency ratio of 64.53% is above the 64.43% 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 Napoleon State Bank Napoleon, IN · $499M
- The Friendship State Bank Friendship, IN · $544M
- Security Federal Savings Bank Logansport, IN · $464M
- Community State Bank Avilla, IN · $554M
- First Federal Savings Bank Huntington, IN · $554M
- The Bippus State Bank Huntington, IN · $459M
Questions about The Peoples State Bank
How big is The Peoples State Bank?
The Peoples State Bank, established in 1904, is headquartered in Ellettsville, IN. It reported $507M in total assets in its Q2 2026 FDIC call report and operates 15 offices.
What is The Peoples State Bank's return on assets?
1.48% annualized in Q2 2026, against a 1.09% median for 45 IN banks with half to twice its assets, ahead of 71% of them.
What is The Peoples State Bank's efficiency ratio?
64.53% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 64.43%, and lower is better.
Is The Peoples State Bank growing its loans?
Net loans grew 7.2% over the year to Q2 2026, while deposits grew 9.4%.
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 IN 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.