Millennium Bank: how it compares with its peers
Against 72 IL banks with half to twice its assets, Millennium Bank's strongest measure in Q2 2026 is assets per employee ($11.9M vs. a $7.5M peer median). Its weakest relative measure is return on assets (0.59% vs. 1.14%).
| Measure | Millennium Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.59% | 1.14% | Bottom third Ahead of 14% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.05% | 3.70% | Bottom third Ahead of 17% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 68.97% | 62.58% | Bottom third Ahead of 26% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $11.9M | $7.5M | Top third Ahead of 89% of peers |
| Loans to deposits Net loans and leases over total deposits. | 94.82% | 77.92% | Context |
What it means for lending operations
Its efficiency ratio of 68.97% is above the 62.58% 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
- Prairie State Bank and Trust Springfield, IL · $840M
- Resource Bank, National Association Dekalb, IL · $869M
- Liberty Bank for Savings Chicago, IL · $869M
- CIBM Bank Champaign, IL · $820M
- Farmers National Bank Prophetstown, IL · $896M
- Fortress Bank Peoria, IL · $897M
Questions about Millennium Bank
How big is Millennium Bank?
Millennium Bank, established in 2007, is headquartered in Des Plaines, IL. It reported $844M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Millennium Bank's return on assets?
0.59% annualized in Q2 2026, against a 1.14% median for 72 IL banks with half to twice its assets, ahead of 14% of them.
What is Millennium Bank's efficiency ratio?
68.97% in Q2 2026: it spent about 69 cents in noninterest expense for each dollar of revenue. The peer median is 62.58%, and lower is better.
Is Millennium Bank growing its loans?
Net loans grew 6.2% over the year to Q2 2026, while deposits grew 5.1%.
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.