First Bank of Manhattan: how it compares with its peers
Against 148 IL banks with half to twice its assets, First Bank of Manhattan's strongest measure in Q2 2026 is return on assets (1.42% vs. a 1.17% peer median). Its weakest relative measure is net interest margin (3.53% vs. 3.73%).
| Measure | First Bank of Manhattan | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.42% | 1.17% | Top third Ahead of 68% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.53% | 3.73% | Middle third Ahead of 36% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.98% | 64.45% | Middle third Ahead of 58% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.3M | $6.5M | Middle third Ahead of 46% of peers |
| Loans to deposits Net loans and leases over total deposits. | 62.68% | 74.78% | Context |
What it means for lending operations
Its efficiency ratio of 61.98% is better than the 64.45% 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
- PeopleFirst Bank Joliet, IL · $266M
- Community First Bank of the Heartland Mount Vernon, IL · $267M
- North Shore Trust and Savings Waukegan, IL · $270M
- The Farmers and Merchants National Bank of Nashville Nashville, IL · $270M
- First National Bank of Steeleville Steeleville, IL · $275M
- Raritan State Bank Raritan, IL · $254M
Questions about First Bank of Manhattan
How big is First Bank of Manhattan?
First Bank of Manhattan, established in 1907, is headquartered in Manhattan, IL. It reported $266M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is First Bank of Manhattan's return on assets?
1.42% annualized in Q2 2026, against a 1.17% median for 148 IL banks with half to twice its assets, ahead of 68% of them.
What is First Bank of Manhattan's efficiency ratio?
61.98% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 64.45%, and lower is better.
Is First Bank of Manhattan growing its loans?
Net loans grew 6.3% over the year to Q2 2026, while deposits shrank 3.0%.
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.