Grundy Bank: how it compares with its peers
Against 117 IL banks with half to twice its assets, Grundy Bank's strongest measure in Q2 2026 is return on assets (2.92% vs. a 1.15% peer median). Its weakest relative measure is assets per employee ($8.9M vs. $7.3M).
| Measure | Grundy Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.92% | 1.15% | Top third Ahead of 98% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.52% | 3.66% | Top third Ahead of 93% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 44.94% | 62.50% | Top third Ahead of 91% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.9M | $7.3M | Top third Ahead of 76% of peers |
| Loans to deposits Net loans and leases over total deposits. | 54.78% | 77.90% | Context |
What it means for lending operations
Its efficiency ratio of 44.94% is better than the 62.50% 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
- Petefish, Skiles & Co. Virginia, IL · $502M
- First State Bank and Trust Monticello, IL · $510M
- The FNB Community Bank Vandalia, IL · $499M
- First Robinson Savings Bank, National Association Robinson, IL · $512M
- Casey State Bank Casey, IL · $497M
- Solutions Bank Forreston, IL · $492M
Questions about Grundy Bank
How big is Grundy Bank?
Grundy Bank, established in 1864, is headquartered in Morris, IL. It reported $505M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Grundy Bank's return on assets?
2.92% annualized in Q2 2026, against a 1.15% median for 117 IL banks with half to twice its assets, ahead of 98% of them.
What is Grundy Bank's efficiency ratio?
44.94% in Q2 2026: it spent about 45 cents in noninterest expense for each dollar of revenue. The peer median is 62.50%, and lower is better.
Is Grundy Bank growing its loans?
Net loans shrank 3.6% over the year to Q2 2026, while deposits grew 7.0%.
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.