First Central Bank McCook: how it compares with its peers
Against 55 NE banks with half to twice its assets, First Central Bank McCook's strongest measure in Q2 2026 is net interest margin (3.96% vs. a 3.85% peer median). Its weakest relative measure is return on assets (0.66% vs. 1.35%).
| Measure | First Central Bank McCook | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.66% | 1.35% | Bottom third Ahead of 9% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.96% | 3.85% | Middle third Ahead of 60% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 77.00% | 57.47% | Bottom third Ahead of 9% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.5M | $8.3M | Bottom third Ahead of 15% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.72% | 80.14% | Context |
What it means for lending operations
Its efficiency ratio of 77.00% is above the 57.47% 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
- Custer Federal State Bank Broken Bow, NE · $121M
- Countryside Bank Unadilla, NE · $119M
- Wahoo State Bank Wahoo, NE · $117M
- American Interstate Bank Elkhorn, NE · $132M
- F&M Bank Falls City, NE · $135M
- First Bank and Trust of Fullerton Fullerton, NE · $108M
Questions about First Central Bank McCook
How big is First Central Bank McCook?
First Central Bank McCook, established in 1999, is headquartered in Mccook, NE. It reported $123M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is First Central Bank McCook's return on assets?
0.66% annualized in Q2 2026, against a 1.35% median for 55 NE banks with half to twice its assets, ahead of 9% of them.
What is First Central Bank McCook's efficiency ratio?
77.00% in Q2 2026: it spent about 77 cents in noninterest expense for each dollar of revenue. The peer median is 57.47%, and lower is better.
Is First Central Bank McCook growing its loans?
Net loans grew 11.4% over the year to Q2 2026, while deposits shrank 0.6%.
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 NE 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 Nebraska bank ranked.