Washington State Bank: how it compares with its peers
Against 81 IL banks with half to twice its assets, Washington State Bank's strongest measure in Q2 2026 is assets per employee ($9.9M vs. a $6.1M peer median). Its weakest relative measure is net interest margin (2.25% vs. 3.73%).
| Measure | Washington State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.75% | 1.03% | Middle third Ahead of 37% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.25% | 3.73% | Bottom third Ahead of 0% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.72% | 67.22% | Top third Ahead of 74% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.9M | $6.1M | Top third Ahead of 93% of peers |
| Loans to deposits Net loans and leases over total deposits. | 42.31% | 64.06% | Context |
What it means for lending operations
Its efficiency ratio of 57.72% is better than the 67.22% 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
- Beardstown Savings s.b. Beardstown, IL · $79M
- First State Bank of Olmsted Olmsted, IL · $78M
- The First National Bank of Ava Ava, IL · $78M
- Kinmundy Bank Kinmundy, IL · $80M
- Marseilles Bank Marseilles, IL · $78M
- The Atlanta National Bank Atlanta, IL · $81M
Questions about Washington State Bank
How big is Washington State Bank?
Washington State Bank, established in 1948, is headquartered in Washington, IL. It reported $79M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Washington State Bank's return on assets?
0.75% annualized in Q2 2026, against a 1.03% median for 81 IL banks with half to twice its assets, ahead of 37% of them.
What is Washington State Bank's efficiency ratio?
57.72% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 67.22%, and lower is better.
Is Washington State Bank growing its loans?
Net loans shrank 2.8% over the year to Q2 2026, while deposits grew 0.7%.
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.