Bank of Elgin: how it compares with its peers
Against 45 NE banks with half to twice its assets, Bank of Elgin's strongest measure in Q2 2026 is return on assets (2.34% vs. a 1.33% peer median). Its weakest relative measure is net interest margin (4.37% vs. 3.85%).
| Measure | Bank of Elgin | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.34% | 1.33% | Top third Ahead of 91% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.37% | 3.85% | Top third Ahead of 80% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 46.29% | 63.72% | Top third Ahead of 82% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.7M | $7.9M | Top third Ahead of 80% of peers |
| Loans to deposits Net loans and leases over total deposits. | 76.71% | 77.81% | Context |
What it means for lending operations
Its efficiency ratio of 46.29% is better than the 63.72% 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
- Scribner Bank Scribner, NE · $87M
- Siouxland Bank South Sioux City, NE · $88M
- Thayer County Bank Hebron, NE · $88M
- Chambers State Bank Chambers, NE · $89M
- First Bank and Trust Company Minden, NE · $91M
Questions about Bank of Elgin
How big is Bank of Elgin?
Bank of Elgin, established in 1935, is headquartered in Elgin, NE. It reported $87M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Bank of Elgin's return on assets?
2.34% annualized in Q2 2026, against a 1.33% median for 45 NE banks with half to twice its assets, ahead of 91% of them.
What is Bank of Elgin's efficiency ratio?
46.29% in Q2 2026: it spent about 46 cents in noninterest expense for each dollar of revenue. The peer median is 63.72%, and lower is better.
Is Bank of Elgin growing its loans?
Net loans grew 5.5% over the year to Q2 2026, while deposits grew 13.4%.
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 NE 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 Nebraska bank ranked.