First Mutual Bank, FSB: how it compares with its peers
Against 52 OH banks with half to twice its assets, First Mutual Bank, FSB's strongest measure in Q2 2026 is assets per employee ($5.2M vs. a $5.6M peer median). Its weakest relative measure is net interest margin (2.79% vs. 3.71%).
| Measure | First Mutual Bank, FSB | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.29% | 0.78% | Bottom third Ahead of 12% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.79% | 3.71% | Bottom third Ahead of 10% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 86.77% | 76.28% | Bottom third Ahead of 17% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.2M | $5.6M | Middle third Ahead of 44% of peers |
| Loans to deposits Net loans and leases over total deposits. | 74.34% | 77.79% | Context |
What it means for lending operations
Its efficiency ratio of 86.77% is above the 76.28% 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
- The Peoples Savings and Loan Company West Liberty, OH · $110M
- Warsaw Federal Savings and Loan Association Cincinnati, OH · $109M
- The Bank of Magnolia Company Magnolia, OH · $108M
- The Sherwood State Bank Sherwood, OH · $108M
- Spring Valley Bank Wyoming, OH · $114M
- The National Bank of Adams County of West Union West Union, OH · $115M
Questions about First Mutual Bank, FSB
How big is First Mutual Bank, FSB?
First Mutual Bank, FSB, established in 1906, is headquartered in Belpre, OH. It reported $110M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is First Mutual Bank, FSB's return on assets?
0.29% annualized in Q2 2026, against a 0.78% median for 52 OH banks with half to twice its assets, ahead of 12% of them.
What is First Mutual Bank, FSB's efficiency ratio?
86.77% in Q2 2026: it spent about 87 cents in noninterest expense for each dollar of revenue. The peer median is 76.28%, and lower is better.
Is First Mutual Bank, FSB growing its loans?
Net loans shrank 4.3% over the year to Q2 2026, while deposits grew 3.1%.
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.