FirstOak Bank: how it compares with its peers
Against 80 KS banks with half to twice its assets, FirstOak Bank's strongest measure in Q2 2026 is net interest margin (5.21% vs. a 3.95% peer median). Its weakest relative measure is efficiency ratio (70.94% vs. 58.42%).
| Measure | FirstOak Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.35% | 1.49% | Middle third Ahead of 38% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.21% | 3.95% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 70.94% | 58.42% | Bottom third Ahead of 9% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.5M | $6.9M | Bottom third Ahead of 16% of peers |
| Loans to deposits Net loans and leases over total deposits. | 87.21% | 77.15% | Context |
What it means for lending operations
Its efficiency ratio of 70.94% is above the 58.42% 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
- Andover State Bank Andover, KS · $232M
- The Citizens National Bank Greenleaf, KS · $229M
- The Stockgrowers State Bank of Ashland, Kansas Ashland, KS · $227M
- Bankers' Bank of Kansas Wichita, KS · $256M
- The First Security Bank Overbrook, KS · $226M
- The Farmers State Bank of Westmoreland Westmoreland, KS · $258M
Questions about FirstOak Bank
How big is FirstOak Bank?
FirstOak Bank, established in 1881, is headquartered in Independence, KS. It reported $241M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is FirstOak Bank's return on assets?
1.35% annualized in Q2 2026, against a 1.49% median for 80 KS banks with half to twice its assets, ahead of 38% of them.
What is FirstOak Bank's efficiency ratio?
70.94% in Q2 2026: it spent about 71 cents in noninterest expense for each dollar of revenue. The peer median is 58.42%, and lower is better.
Is FirstOak Bank growing its loans?
Net loans shrank 2.2% over the year to Q2 2026, while deposits shrank 2.9%.
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 KS 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 Kansas bank ranked.