Millville Savings Bank: how it compares with its peers
Against 8 NJ banks with half to twice its assets, Millville Savings Bank's strongest measure in Q2 2026 is assets per employee ($8.5M vs. a $6.8M peer median). Its weakest relative measure is net interest margin (3.10% vs. 3.46%).
| Measure | Millville Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.33% | 0.46% | Middle third Ahead of 50% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.10% | 3.46% | Middle third Ahead of 38% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 88.51% | 83.12% | Middle third Ahead of 38% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.5M | $6.8M | Top third Ahead of 75% of peers |
| Loans to deposits Net loans and leases over total deposits. | 52.42% | 82.72% | Context |
What it means for lending operations
Its efficiency ratio of 88.51% is above the 83.12% 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
- Schuyler Savings Bank Kearny, NJ · $151M
- GSL Savings Bank Guttenberg, NJ · $151M
- The First National Bank of Absecon Absecon, NJ · $195M
- Monroe Savings Bank Williamstown, NJ · $114M
- Liberty Bank of New Jersey Verona, NJ · $107M
- The Pennsville National Bank Pennsville, NJ · $282M
Questions about Millville Savings Bank
How big is Millville Savings Bank?
Millville Savings Bank, established in 1941, is headquartered in Millville, NJ. It reported $170M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Millville Savings Bank's return on assets?
0.33% annualized in Q2 2026, against a 0.46% median for 8 NJ banks with half to twice its assets, ahead of 50% of them.
What is Millville Savings Bank's efficiency ratio?
88.51% in Q2 2026: it spent about 89 cents in noninterest expense for each dollar of revenue. The peer median is 83.12%, and lower is better.
Is Millville Savings Bank growing its loans?
Net loans grew 19.3% over the year to Q2 2026, while deposits grew 4.6%.
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 NJ 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 New Jersey bank ranked.