First National Bank of Waterloo: how it compares with its peers
Against 68 IL banks with half to twice its assets, First National Bank of Waterloo's strongest measure in Q2 2026 is efficiency ratio (62.75% vs. a 62.96% peer median). Its weakest relative measure is assets per employee ($5.7M vs. $7.4M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.96% | 1.14% | Middle third Ahead of 35% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.45% | 3.70% | Middle third Ahead of 40% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.75% | 62.96% | Middle third Ahead of 51% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.7M | $7.4M | Bottom third Ahead of 16% of peers |
| Loans to deposits Net loans and leases over total deposits. | 69.25% | 78.67% | Context |
What it means for lending operations
Its efficiency ratio of 62.75% is better than the 62.96% 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
- Fortress Bank Peoria, IL · $897M
- Farmers National Bank Prophetstown, IL · $896M
- International Bank of Chicago Chicago, IL · $983M
- Liberty Bank for Savings Chicago, IL · $869M
- Resource Bank, National Association Dekalb, IL · $869M
- Cornerstone National Bank & Trust Company Palatine, IL · $1.01B
Questions about First National Bank of Waterloo
How big is First National Bank of Waterloo?
First National Bank of Waterloo, established in 1912, is headquartered in Waterloo, IL. It reported $929M in total assets in its Q2 2026 FDIC call report and operates 16 offices.
What is First National Bank of Waterloo's return on assets?
0.96% annualized in Q2 2026, against a 1.14% median for 68 IL banks with half to twice its assets, ahead of 35% of them.
What is First National Bank of Waterloo's efficiency ratio?
62.75% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 62.96%, and lower is better.
Is First National Bank of Waterloo growing its loans?
Net loans grew 3.2% over the year to Q2 2026, while deposits grew 0.7%.
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.