First Federal Savings and Loan Association: how it compares with its peers
Against 64 OH banks with half to twice its assets, First Federal Savings and Loan Association's strongest measure in Q2 2026 is assets per employee ($5.4M vs. a $6.0M peer median). Its weakest relative measure is return on assets (0.50% vs. 0.88%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.50% | 0.88% | Bottom third Ahead of 20% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.21% | 3.65% | Bottom third Ahead of 22% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 80.70% | 72.35% | Bottom third Ahead of 31% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.4M | $6.0M | Middle third Ahead of 38% of peers |
| Loans to deposits Net loans and leases over total deposits. | 83.73% | 81.81% | Context |
What it means for lending operations
Its efficiency ratio of 80.70% is above the 72.35% 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
- Somerville Bank Eaton, OH · $291M
- SSB Community Bank Strasburg, OH · $297M
- The First National Bank of Pandora Pandora, OH · $299M
- Peoples State Bank New Lexington, OH · $286M
- The Fort Jennings State Bank Fort Jennings, OH · $286M
- Community Savings Caldwell, OH · $285M
Questions about First Federal Savings and Loan Association
How big is First Federal Savings and Loan Association?
First Federal Savings and Loan Association, established in 1934, is headquartered in Newark, OH. It reported $294M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is First Federal Savings and Loan Association's return on assets?
0.50% annualized in Q2 2026, against a 0.88% median for 64 OH banks with half to twice its assets, ahead of 20% of them.
What is First Federal Savings and Loan Association's efficiency ratio?
80.70% in Q2 2026: it spent about 81 cents in noninterest expense for each dollar of revenue. The peer median is 72.35%, and lower is better.
Is First Federal Savings and Loan Association growing its loans?
Net loans shrank 1.9% over the year to Q2 2026, while deposits shrank 0.4%.
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.