Legacy Bank: how it compares with its peers
Against 41 KS banks with half to twice its assets, Legacy Bank's strongest measure in Q2 2026 is net interest margin (4.36% vs. a 3.97% peer median). Its weakest relative measure is return on assets (1.22% vs. 1.53%).
| Measure | Legacy Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.22% | 1.53% | Bottom third Ahead of 20% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.36% | 3.97% | Top third Ahead of 78% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.49% | 53.61% | Middle third Ahead of 46% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.3M | $6.8M | Middle third Ahead of 34% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.22% | 75.66% | Context |
What it means for lending operations
Its efficiency ratio of 59.49% is above the 53.61% 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
- Community National Bank Seneca, KS · $853M
- United Bank & Trust Marysville, KS · $893M
- First Option Bank Osawatomie, KS · $818M
- The Western State Bank Garden City, KS · $802M
- Dream First Bank, National Association Syracuse, KS · $964M
- Union State Bank Arkansas City, KS · $719M
Questions about Legacy Bank
How big is Legacy Bank?
Legacy Bank, established in 1886, is headquartered in Colwich, KS. It reported $865M in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is Legacy Bank's return on assets?
1.22% annualized in Q2 2026, against a 1.53% median for 41 KS banks with half to twice its assets, ahead of 20% of them.
What is Legacy Bank's efficiency ratio?
59.49% in Q2 2026: it spent about 59 cents in noninterest expense for each dollar of revenue. The peer median is 53.61%, and lower is better.
Is Legacy Bank growing its loans?
Net loans grew 12.5% over the year to Q2 2026, while deposits grew 3.0%.
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 KS 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 Kansas bank ranked.