First Savings Bank: how it compares with its peers
Against 10 SD banks with half to twice its assets, First Savings Bank's strongest measure in Q2 2026 is return on assets (2.61% vs. a 1.25% peer median). Its weakest relative measure is assets per employee ($7.3M vs. $7.6M).
| Measure | First Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.61% | 1.25% | Top third Ahead of 100% of peers |
| Net interest margin Annualized net interest income over earning assets. | 8.18% | 3.84% | Top third Ahead of 90% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 41.59% | 67.89% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.3M | $7.6M | Middle third Ahead of 40% of peers |
| Loans to deposits Net loans and leases over total deposits. | 89.58% | 84.68% | Context |
What it means for lending operations
Its efficiency ratio of 41.59% is better than the 67.89% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- CorTrust Bank National Association Mitchell, SD · $1.56B
- 1st Financial Bank USA Dakota Dunes, SD · $1.40B
- Plains Commerce Bank Sioux Falls, SD · $1.30B
- BankWest, Inc. Pierre, SD · $1.93B
- First National Bank Fort Pierre, SD · $2.03B
Questions about First Savings Bank
How big is First Savings Bank?
First Savings Bank, established in 1989, is headquartered in Beresford, SD. It reported $1.59B in total assets in its Q2 2026 FDIC call report and operates 24 offices.
What is First Savings Bank's return on assets?
2.61% annualized in Q2 2026, against a 1.25% median for 10 SD banks with half to twice its assets, ahead of 100% of them.
What is First Savings Bank's efficiency ratio?
41.59% in Q2 2026: it spent about 42 cents in noninterest expense for each dollar of revenue. The peer median is 67.89%, and lower is better.
Is First Savings Bank growing its loans?
Net loans grew 9.2% over the year to Q2 2026, while deposits grew 5.6%.
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 SD 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 South Dakota bank ranked.