First Command Bank: how it compares with its peers
Against 100 TX banks with half to twice its assets, First Command Bank's strongest measure in Q2 2026 is return on assets (2.31% vs. a 1.42% peer median). Its weakest relative measure is efficiency ratio (68.82% vs. 60.06%).
| Measure | First Command Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.31% | 1.42% | Top third Ahead of 93% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.59% | 4.13% | Bottom third Ahead of 26% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 68.82% | 60.06% | Bottom third Ahead of 23% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $11.2M | $8.2M | Top third Ahead of 78% of peers |
| Loans to deposits Net loans and leases over total deposits. | 50.55% | 78.26% | Context |
What it means for lending operations
Its efficiency ratio of 68.82% is above the 60.06% 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
- Frontier Bank of Texas Elgin, TX · $1.08B
- The First National Bank of McGregor Mc Gregor, TX · $1.08B
- T Bank, National Association Dallas, TX · $1.10B
- United Texas Bank, National Association Dallas, TX · $1.05B
- UBank Huntington, TX · $1.05B
- R Bank Round Rock, TX · $1.03B
Questions about First Command Bank
How big is First Command Bank?
First Command Bank, established in 1997, is headquartered in Fort Worth, TX. It reported $1.08B in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is First Command Bank's return on assets?
2.31% annualized in Q2 2026, against a 1.42% median for 100 TX banks with half to twice its assets, ahead of 93% of them.
What is First Command Bank's efficiency ratio?
68.82% in Q2 2026: it spent about 69 cents in noninterest expense for each dollar of revenue. The peer median is 60.06%, and lower is better.
Is First Command Bank growing its loans?
Net loans grew 0.4% over the year to Q2 2026, while deposits grew 2.7%.
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.