First Federal Savings Bank: how it compares with its peers
Against 44 IN banks with half to twice its assets, First Federal Savings Bank's strongest measure in Q2 2026 is net interest margin (3.19% vs. a 3.72% peer median). Its weakest relative measure is efficiency ratio (89.40% vs. 63.93%).
| Measure | First Federal Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.37% | 1.09% | Bottom third Ahead of 5% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.19% | 3.72% | Bottom third Ahead of 14% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 89.40% | 63.93% | Bottom third Ahead of 2% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.6M | $6.6M | Bottom third Ahead of 5% of peers |
| Loans to deposits Net loans and leases over total deposits. | 89.77% | 81.94% | Context |
What it means for lending operations
Its efficiency ratio of 89.40% is above the 63.93% 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
- Freedom Bank Huntingburg, IN · $586M
- First Federal Savings Bank Huntington, IN · $554M
- Community State Bank Avilla, IN · $554M
- The Friendship State Bank Friendship, IN · $544M
- Crossroads Bank Wabash, IN · $616M
- DeMotte State Bank Demotte, IN · $622M
Questions about First Federal Savings Bank
How big is First Federal Savings Bank?
First Federal Savings Bank, established in 1934, is headquartered in Evansville, IN. It reported $576M in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is First Federal Savings Bank's return on assets?
0.37% annualized in Q2 2026, against a 1.09% median for 44 IN banks with half to twice its assets, ahead of 5% of them.
What is First Federal Savings Bank's efficiency ratio?
89.40% in Q2 2026: it spent about 89 cents in noninterest expense for each dollar of revenue. The peer median is 63.93%, and lower is better.
Is First Federal Savings Bank growing its loans?
Net loans shrank 4.9% over the year to Q2 2026, while deposits shrank 3.8%.
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 IN 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 Indiana bank ranked.