First Bank: how it compares with its peers
Against 126 TX banks with half to twice its assets, First Bank's strongest measure in Q2 2026 is net interest margin (4.90% vs. a 4.17% peer median). Its weakest relative measure is assets per employee ($4.6M vs. $7.8M).
| Measure | First Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.89% | 1.43% | Top third Ahead of 79% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.90% | 4.17% | Top third Ahead of 87% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 68.05% | 59.87% | Bottom third Ahead of 28% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.6M | $7.8M | Bottom third Ahead of 4% of peers |
| Loans to deposits Net loans and leases over total deposits. | 94.50% | 77.35% | Context |
What it means for lending operations
Its efficiency ratio of 68.05% is above the 59.87% 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
- Southwest Bank Odessa, TX · $694M
- Pilgrim Bank Pittsburg, TX · $715M
- Citizens National Bank Cameron, TX · $692M
- Capital Bank Jacinto City, TX · $690M
- First State Bank of Livingston Livingston, TX · $689M
- The First National Bank of Sonora Sonora, TX · $722M
Questions about First Bank
How big is First Bank?
First Bank, established in 1907, is headquartered in Burkburnett, TX. It reported $704M in total assets in its Q2 2026 FDIC call report and operates 9 offices.
What is First Bank's return on assets?
1.89% annualized in Q2 2026, against a 1.43% median for 126 TX banks with half to twice its assets, ahead of 79% of them.
What is First Bank's efficiency ratio?
68.05% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 59.87%, and lower is better.
Is First Bank growing its loans?
Net loans shrank 1.9% over the year to Q2 2026, while deposits grew 7.5%.
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 TX 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 Texas bank ranked.