Legends West Bank: how it compares with its peers
Against 52 NE banks with half to twice its assets, Legends West Bank's strongest measure in Q2 2026 is assets per employee ($9.9M vs. a $8.1M peer median). Its weakest relative measure is return on assets (0.60% vs. 1.35%).
| Measure | Legends West Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.60% | 1.35% | Bottom third Ahead of 6% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.85% | 3.86% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.84% | 57.46% | Bottom third Ahead of 33% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.9M | $8.1M | Top third Ahead of 79% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.47% | 82.63% | Context |
What it means for lending operations
Its efficiency ratio of 63.84% is above the 57.46% 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
- Farmers and Merchants Bank of Ashland Ashland, NE · $152M
- Bank of Hartington Hartington, NE · $151M
- State Bank of Table Rock Table Rock, NE · $150M
- First National Bank in Ord Ord, NE · $166M
- Bank of Dixon County Ponca, NE · $142M
- Hershey Bank Hershey, NE · $141M
Questions about Legends West Bank
How big is Legends West Bank?
Legends West Bank, established in 1905, is headquartered in Lewellen, NE. It reported $158M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Legends West Bank's return on assets?
0.60% annualized in Q2 2026, against a 1.35% median for 52 NE banks with half to twice its assets, ahead of 6% of them.
What is Legends West Bank's efficiency ratio?
63.84% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 57.46%, and lower is better.
Is Legends West Bank growing its loans?
Net loans grew 40.4% over the year to Q2 2026, while deposits grew 50.4%.
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 NE 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 Nebraska bank ranked.