First Central Savings Bank: how it compares with its peers
Against 31 NY banks with half to twice its assets, First Central Savings Bank's strongest measure in Q2 2026 is assets per employee ($9.6M vs. a $8.0M peer median). Its weakest relative measure is net interest margin (3.61% vs. 3.64%).
| Measure | First Central Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.97% | 0.80% | Middle third Ahead of 65% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.61% | 3.64% | Middle third Ahead of 48% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 68.39% | 73.20% | Middle third Ahead of 58% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.6M | $8.0M | Top third Ahead of 72% of peers |
| Loans to deposits Net loans and leases over total deposits. | 99.68% | 83.45% | Context |
What it means for lending operations
Its efficiency ratio of 68.39% is better than the 73.20% 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
- Walden Savings Bank Montgomery, NY · $1.02B
- BTG Pactual Bank, National Association New York, NY · $978M
- Watertown Savings Bank Watertown, NY · $971M
- Amerasia Bank Flushing, NY · $1.08B
- Solvay Bank Solvay, NY · $1.20B
Questions about First Central Savings Bank
How big is First Central Savings Bank?
First Central Savings Bank, established in 1999, is headquartered in Glen Cove, NY. It reported $1.03B in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is First Central Savings Bank's return on assets?
0.97% annualized in Q2 2026, against a 0.80% median for 31 NY banks with half to twice its assets, ahead of 65% of them.
What is First Central Savings Bank's efficiency ratio?
68.39% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 73.20%, and lower is better.
Is First Central Savings Bank growing its loans?
Net loans grew 2.5% over the year to Q2 2026, while deposits grew 3.7%.
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 NY 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 York bank ranked.