Devon Bank: how it compares with its peers
Against 124 IL banks with half to twice its assets, Devon Bank's strongest measure in Q2 2026 is net interest margin (3.01% vs. a 3.69% peer median). Its weakest relative measure is assets per employee ($3.9M vs. $7.2M).
| Measure | Devon Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -0.17% | 1.19% | Bottom third Ahead of 3% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.01% | 3.69% | Bottom third Ahead of 12% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 109.84% | 62.58% | Bottom third Ahead of 2% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.9M | $7.2M | Bottom third Ahead of 1% of peers |
| Loans to deposits Net loans and leases over total deposits. | 73.76% | 77.67% | Context |
What it means for lending operations
Its efficiency ratio of 109.84% is above the 62.58% 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
- First National Bank of Brookfield Brookfield, IL · $420M
- The First National Bank of Allendale Allendale, IL · $421M
- Union National Bank and Trust Company of Elgin Elgin, IL · $422M
- First Federal Savings Bank Ottawa, IL · $422M
- Alliance Community Bank Petersburg, IL · $414M
- Community Savings Bank Chicago, IL · $410M
Questions about Devon Bank
How big is Devon Bank?
Devon Bank, established in 1945, is headquartered in Chicago, IL. It reported $419M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Devon Bank's return on assets?
-0.17% annualized in Q2 2026, against a 1.19% median for 124 IL banks with half to twice its assets, ahead of 3% of them.
What is Devon Bank's efficiency ratio?
109.84% in Q2 2026: it spent about 110 cents in noninterest expense for each dollar of revenue. The peer median is 62.58%, and lower is better.
Is Devon Bank growing its loans?
Net loans shrank 5.4% over the year to Q2 2026, while deposits shrank 15.6%.
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 IL 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 Illinois bank ranked.