The First National Bank of Lacon: how it compares with its peers
Against 111 IL banks with half to twice its assets, The First National Bank of Lacon's strongest measure in Q2 2026 is assets per employee ($8.6M vs. a $6.1M peer median). Its weakest relative measure is efficiency ratio (69.21% vs. 66.83%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.18% | 1.07% | Middle third Ahead of 59% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.00% | 3.74% | Middle third Ahead of 66% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 69.21% | 66.83% | Middle third Ahead of 45% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.6M | $6.1M | Top third Ahead of 86% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.13% | 67.76% | Context |
What it means for lending operations
Its efficiency ratio of 69.21% is above the 66.83% 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
- Clay County State Bank Louisville, IL · $104M
- The Gerber State Bank Argenta, IL · $101M
- Nashville Savings Bank Nashville, IL · $108M
- Bank of Calhoun County Hardin, IL · $100M
- Anderson State Bank Oneida, IL · $109M
- Mutual Federal Bank Chicago, IL · $97M
Questions about The First National Bank of Lacon
How big is The First National Bank of Lacon?
The First National Bank of Lacon, established in 1864, is headquartered in Lacon, IL. It reported $104M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The First National Bank of Lacon's return on assets?
1.18% annualized in Q2 2026, against a 1.07% median for 111 IL banks with half to twice its assets, ahead of 59% of them.
What is The First National Bank of Lacon's efficiency ratio?
69.21% in Q2 2026: it spent about 69 cents in noninterest expense for each dollar of revenue. The peer median is 66.83%, and lower is better.
Is The First National Bank of Lacon growing its loans?
Net loans grew 2.5% over the year to Q2 2026, while deposits shrank 6.5%.
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.