MidAmerica National Bank: how it compares with its peers
Against 92 IL banks with half to twice its assets, MidAmerica National Bank's strongest measure in Q2 2026 is net interest margin (3.98% vs. a 3.65% peer median). Its weakest relative measure is assets per employee ($5.4M vs. $7.5M).
| Measure | MidAmerica National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.85% | 1.18% | Bottom third Ahead of 28% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.98% | 3.65% | Top third Ahead of 72% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 69.55% | 61.46% | Bottom third Ahead of 25% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.4M | $7.5M | Bottom third Ahead of 11% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.79% | 77.89% | Context |
What it means for lending operations
Its efficiency ratio of 69.55% is above the 61.46% 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
- Constitution Bank, National Association Hillsboro, IL · $683M
- BankOrion Orion, IL · $688M
- Apple River State Bank Apple River, IL · $675M
- Time Bank Park Ridge, IL · $713M
- Peoples Bank & Trust Pana, IL · $657M
- Prospect Bank Paris, IL · $716M
Questions about MidAmerica National Bank
How big is MidAmerica National Bank?
MidAmerica National Bank, established in 1933, is headquartered in Canton, IL. It reported $685M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is MidAmerica National Bank's return on assets?
0.85% annualized in Q2 2026, against a 1.18% median for 92 IL banks with half to twice its assets, ahead of 28% of them.
What is MidAmerica National Bank's efficiency ratio?
69.55% in Q2 2026: it spent about 70 cents in noninterest expense for each dollar of revenue. The peer median is 61.46%, and lower is better.
Is MidAmerica National Bank growing its loans?
Net loans shrank 0.6% over the year to Q2 2026, while deposits grew 5.1%.
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 IL 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 Illinois bank ranked.