The First National Bank of Carmi: how it compares with its peers
Against 103 IL banks with half to twice its assets, The First National Bank of Carmi's strongest measure in Q2 2026 is net interest margin (4.34% vs. a 3.68% peer median). Its weakest relative measure is assets per employee ($6.1M vs. $7.4M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.19% | 1.15% | Middle third Ahead of 52% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.34% | 3.68% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.53% | 61.74% | Middle third Ahead of 43% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.1M | $7.4M | Bottom third Ahead of 31% of peers |
| Loans to deposits Net loans and leases over total deposits. | 77.47% | 78.43% | Context |
What it means for lending operations
Its efficiency ratio of 64.53% is above the 61.74% 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
- The Fairfield National Bank Fairfield, IL · $621M
- TrustBank Olney, IL · $640M
- Bank & Trust Company Litchfield, IL · $641M
- Legence Bank Eldorado, IL · $643M
- Stillman BancCorp N.A. Stillman Valley, IL · $646M
- First Eagle Bank Chicago, IL · $650M
Questions about The First National Bank of Carmi
How big is The First National Bank of Carmi?
The First National Bank of Carmi, established in 1893, is headquartered in Carmi, IL. It reported $622M in total assets in its Q2 2026 FDIC call report and operates 12 offices.
What is The First National Bank of Carmi's return on assets?
1.19% annualized in Q2 2026, against a 1.15% median for 103 IL banks with half to twice its assets, ahead of 52% of them.
What is The First National Bank of Carmi's efficiency ratio?
64.53% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 61.74%, and lower is better.
Is The First National Bank of Carmi growing its loans?
Net loans shrank 5.0% over the year to Q2 2026, while deposits grew 4.7%.
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.