The Farmers State Bank: how it compares with its peers
Against 61 OH banks with half to twice its assets, The Farmers State Bank's strongest measure in Q2 2026 is return on assets (1.34% vs. a 0.86% peer median). Its weakest relative measure is assets per employee ($5.1M vs. $6.4M).
| Measure | The Farmers State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.34% | 0.86% | Top third Ahead of 80% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.10% | 3.66% | Top third Ahead of 67% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.26% | 72.36% | Top third Ahead of 80% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.1M | $6.4M | Bottom third Ahead of 25% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.14% | 82.84% | Context |
What it means for lending operations
Its efficiency ratio of 57.26% is better than the 72.36% 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
- New Carlisle Federal Savings Bank New Carlisle, OH · $330M
- The Citizens Bank Company Beverly, OH · $335M
- RiverHills Bank Milford, OH · $341M
- The First National Bank of Bellevue Bellevue, OH · $310M
- The Hocking Valley Bank Athens, OH · $354M
- Farmers & Merchants Bank Miamisburg, OH · $359M
Questions about The Farmers State Bank
How big is The Farmers State Bank?
The Farmers State Bank, established in 1919, is headquartered in New Madison, OH. It reported $330M in total assets in its Q2 2026 FDIC call report and operates 9 offices.
What is The Farmers State Bank's return on assets?
1.34% annualized in Q2 2026, against a 0.86% median for 61 OH banks with half to twice its assets, ahead of 80% of them.
What is The Farmers State Bank's efficiency ratio?
57.26% in Q2 2026: it spent about 57 cents in noninterest expense for each dollar of revenue. The peer median is 72.36%, and lower is better.
Is The Farmers State Bank growing its loans?
Net loans grew 26.7% over the year to Q2 2026, while deposits grew 31.6%.
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 OH 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 Ohio bank ranked.