Hoosier Heartland State Bank: how it compares with its peers
Against 42 IN banks with half to twice its assets, Hoosier Heartland State Bank's strongest measure in Q2 2026 is net interest margin (4.14% vs. a 3.65% peer median). Its weakest relative measure is efficiency ratio (69.51% vs. 65.40%).
| Measure | Hoosier Heartland State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.27% | 1.09% | Middle third Ahead of 64% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.14% | 3.65% | Top third Ahead of 81% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 69.51% | 65.40% | Middle third Ahead of 40% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.8M | $6.0M | Middle third Ahead of 50% of peers |
| Loans to deposits Net loans and leases over total deposits. | 79.88% | 82.17% | Context |
What it means for lending operations
Its efficiency ratio of 69.51% is above the 65.40% 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 Campbell & Fetter Bank Kendallville, IN · $355M
- Mutual Savings Bank Franklin, IN · $353M
- Bath State Bank Bath, IN · $338M
- American Community Bank of Indiana Saint John, IN · $383M
- The Riddell National Bank Brazil, IN · $384M
- Owen County State Bank Spencer, IN · $389M
Questions about Hoosier Heartland State Bank
How big is Hoosier Heartland State Bank?
Hoosier Heartland State Bank, established in 1899, is headquartered in Crawfordsville, IN. It reported $356M in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is Hoosier Heartland State Bank's return on assets?
1.27% annualized in Q2 2026, against a 1.09% median for 42 IN banks with half to twice its assets, ahead of 64% of them.
What is Hoosier Heartland State Bank's efficiency ratio?
69.51% in Q2 2026: it spent about 70 cents in noninterest expense for each dollar of revenue. The peer median is 65.40%, and lower is better.
Is Hoosier Heartland State Bank growing its loans?
Net loans grew 11.0% over the year to Q2 2026, while deposits grew 7.0%.
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.