The First National Bank of Le Center: how it compares with its peers
Against 103 MN banks with half to twice its assets, The First National Bank of Le Center's strongest measure in Q2 2026 is efficiency ratio (50.98% vs. a 61.21% peer median). Its weakest relative measure is net interest margin (3.75% vs. 4.12%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.57% | 1.31% | Top third Ahead of 67% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.75% | 4.12% | Bottom third Ahead of 28% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 50.98% | 61.21% | Top third Ahead of 87% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.9M | $7.1M | Top third Ahead of 79% of peers |
| Loans to deposits Net loans and leases over total deposits. | 92.88% | 77.55% | Context |
What it means for lending operations
Its efficiency ratio of 50.98% is better than the 61.21% 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
- Woodland Bank Deer River, MN · $177M
- Americana Community Bank Sleepy Eye, MN · $180M
- Battle Bank, National Association Upsala, MN · $181M
- First Security Bank - Sleepy Eye Sleepy Eye, MN · $183M
- Pine River State Bank Pine River, MN · $185M
- Freeport State Bank Freeport, MN · $165M
Questions about The First National Bank of Le Center
How big is The First National Bank of Le Center?
The First National Bank of Le Center, established in 1903, is headquartered in Lonsdale, MN. It reported $178M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The First National Bank of Le Center's return on assets?
1.57% annualized in Q2 2026, against a 1.31% median for 103 MN banks with half to twice its assets, ahead of 67% of them.
What is The First National Bank of Le Center's efficiency ratio?
50.98% in Q2 2026: it spent about 51 cents in noninterest expense for each dollar of revenue. The peer median is 61.21%, and lower is better.
Is The First National Bank of Le Center growing its loans?
Net loans grew 5.6% over the year to Q2 2026, while deposits grew 0.9%.
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 MN 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 Minnesota bank ranked.