Spencer County Bank: how it compares with its peers
Against 18 IN banks with half to twice its assets, Spencer County Bank's strongest measure in Q2 2026 is net interest margin (3.88% vs. a 3.55% peer median). Its weakest relative measure is assets per employee ($3.1M vs. $5.7M).
| Measure | Spencer County Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.79% | 0.82% | Middle third Ahead of 44% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.88% | 3.55% | Middle third Ahead of 61% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 73.96% | 73.82% | Middle third Ahead of 50% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.1M | $5.7M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 69.94% | 85.25% | Context |
What it means for lending operations
Its efficiency ratio of 73.96% is better than the 73.82% 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
- First Federal Savings Bank of Angola Angola, IN · $137M
- CentreBank Veedersburg, IN · $120M
- Farmers and Mechanics Federal Savings Bank Bloomfield, IN · $114M
- First Federal Savings and Loan Association of Greensburg Greensburg, IN · $159M
- Community State Bank Brook, IN · $161M
- First State Bank of Porter Porter, IN · $162M
Questions about Spencer County Bank
How big is Spencer County Bank?
Spencer County Bank, established in 1927, is headquartered in Santa Claus, IN. It reported $131M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Spencer County Bank's return on assets?
0.79% annualized in Q2 2026, against a 0.82% median for 18 IN banks with half to twice its assets, ahead of 44% of them.
What is Spencer County Bank's efficiency ratio?
73.96% in Q2 2026: it spent about 74 cents in noninterest expense for each dollar of revenue. The peer median is 73.82%, and lower is better.
Is Spencer County Bank growing its loans?
Net loans shrank 1.9% over the year to Q2 2026, while deposits shrank 0.8%.
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 IN 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 Indiana bank ranked.