The Covington Savings and Loan Association: how it compares with its peers
Against 44 OH banks with half to twice its assets, The Covington Savings and Loan Association's strongest measure in Q2 2026 is efficiency ratio (66.12% vs. a 78.55% peer median). Its weakest relative measure is assets per employee ($4.7M vs. $5.6M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.99% | 0.72% | Middle third Ahead of 66% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.50% | 3.74% | Middle third Ahead of 36% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 66.12% | 78.55% | Top third Ahead of 75% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.7M | $5.6M | Bottom third Ahead of 30% of peers |
| Loans to deposits Net loans and leases over total deposits. | 66.91% | 77.64% | Context |
What it means for lending operations
Its efficiency ratio of 66.12% is better than the 78.55% 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
- Galion Building and Loan Bank Galion, OH · $79M
- The First National Bank of Blanchester Blanchester, OH · $78M
- Conneaut Savings Bank Conneaut, OH · $77M
- The Ottoville Bank Company Ottoville, OH · $94M
- Home National Bank Racine, OH · $95M
- The First National Bank of Germantown Germantown, OH · $96M
Questions about The Covington Savings and Loan Association
How big is The Covington Savings and Loan Association?
The Covington Savings and Loan Association, established in 1886, is headquartered in Covington, OH. It reported $84M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is The Covington Savings and Loan Association's return on assets?
0.99% annualized in Q2 2026, against a 0.72% median for 44 OH banks with half to twice its assets, ahead of 66% of them.
What is The Covington Savings and Loan Association's efficiency ratio?
66.12% in Q2 2026: it spent about 66 cents in noninterest expense for each dollar of revenue. The peer median is 78.55%, and lower is better.
Is The Covington Savings and Loan Association growing its loans?
Net loans shrank 2.4% over the year to Q2 2026, while deposits grew 2.1%.
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 OH 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 Ohio bank ranked.