North County Savings Bank: how it compares with its peers
Against 65 IL banks with half to twice its assets, North County Savings Bank's strongest measure in Q2 2026 is assets per employee ($7.0M vs. a $6.1M peer median). Its weakest relative measure is net interest margin (2.43% vs. 3.74%).
| Measure | North County Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.42% | 0.93% | Bottom third Ahead of 22% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.43% | 3.74% | Bottom third Ahead of 3% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 82.60% | 70.23% | Bottom third Ahead of 25% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.0M | $6.1M | Top third Ahead of 68% of peers |
| Loans to deposits Net loans and leases over total deposits. | 48.93% | 57.71% | Context |
What it means for lending operations
Its efficiency ratio of 82.60% is above the 70.23% 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
- State Bank of Industry Industry, IL · $64M
- 1st Community Bank Sherrard, IL · $65M
- The First National Bank of Okawville Okawville, IL · $66M
- GN Bank Chicago, IL · $60M
- Farmers State Bank Elmwood, IL · $67M
Questions about North County Savings Bank
How big is North County Savings Bank?
North County Savings Bank, established in 1887, is headquartered in Red Bud, IL. It reported $63M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is North County Savings Bank's return on assets?
0.42% annualized in Q2 2026, against a 0.93% median for 65 IL banks with half to twice its assets, ahead of 22% of them.
What is North County Savings Bank's efficiency ratio?
82.60% in Q2 2026: it spent about 83 cents in noninterest expense for each dollar of revenue. The peer median is 70.23%, and lower is better.
Is North County Savings Bank growing its loans?
Net loans grew 4.7% over the year to Q2 2026, while deposits shrank 1.0%.
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 IL 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 Illinois bank ranked.