Philo Exchange Bank: how it compares with its peers
Against 132 IL banks with half to twice its assets, Philo Exchange Bank's strongest measure in Q2 2026 is assets per employee ($6.3M vs. a $6.3M peer median). Its weakest relative measure is efficiency ratio (71.52% vs. 64.95%).
| Measure | Philo Exchange Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.01% | 1.14% | Middle third Ahead of 42% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.62% | 3.76% | Middle third Ahead of 42% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 71.52% | 64.95% | Bottom third Ahead of 30% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.3M | $6.3M | Middle third Ahead of 49% of peers |
| Loans to deposits Net loans and leases over total deposits. | 67.64% | 71.04% | Context |
What it means for lending operations
Its efficiency ratio of 71.52% is above the 64.95% 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 First National Bank of Arenzville Arenzville, IL · $159M
- Brickyard Bank Lincolnwood, IL · $159M
- First State Bank of Campbell Hill Campbell Hill, IL · $160M
- First Security Bank Mackinaw, IL · $151M
- The First National Bank of Litchfield Litchfield, IL · $150M
- Heritage Bank of Schaumburg Schaumburg, IL · $150M
Questions about Philo Exchange Bank
How big is Philo Exchange Bank?
Philo Exchange Bank, established in 1883, is headquartered in Philo, IL. It reported $157M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Philo Exchange Bank's return on assets?
1.01% annualized in Q2 2026, against a 1.14% median for 132 IL banks with half to twice its assets, ahead of 42% of them.
What is Philo Exchange Bank's efficiency ratio?
71.52% in Q2 2026: it spent about 72 cents in noninterest expense for each dollar of revenue. The peer median is 64.95%, and lower is better.
Is Philo Exchange Bank growing its loans?
Net loans grew 3.2% over the year to Q2 2026, while deposits grew 18.3%.
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.