Icon Business Bank: how it compares with its peers
Against 21 CA banks with half to twice its assets, Icon Business Bank's strongest measure in Q2 2026 is net interest margin (4.39% vs. a 3.95% peer median). Its weakest relative measure is return on assets (-0.88% vs. 0.58%).
| Measure | Icon Business Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -0.88% | 0.58% | Bottom third Ahead of 14% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.39% | 3.95% | Top third Ahead of 71% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 118.37% | 85.90% | Bottom third Ahead of 14% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.0M | $7.1M | Bottom third Ahead of 29% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.89% | 97.91% | Context |
What it means for lending operations
Its efficiency ratio of 118.37% is above the 85.90% 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
- Bank of Whittier, National Association Whittier, CA · $153M
- BEACON BUSINESS BANK, NATIONAL ASSOCIATION San Francisco, CA · $164M
- Hatch Bank San Marcos, CA · $177M
- California Business Bank Irvine, CA · $130M
- Eastern International Bank Los Angeles, CA · $126M
- Beach Cities Commercial Bank Irvine, CA · $189M
Questions about Icon Business Bank
How big is Icon Business Bank?
Icon Business Bank, established in 2023, is headquartered in Riverside, CA. It reported $156M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Icon Business Bank's return on assets?
-0.88% annualized in Q2 2026, against a 0.58% median for 21 CA banks with half to twice its assets, ahead of 14% of them.
What is Icon Business Bank's efficiency ratio?
118.37% in Q2 2026: it spent about 118 cents in noninterest expense for each dollar of revenue. The peer median is 85.90%, and lower is better.
Is Icon Business Bank growing its loans?
Net loans grew 13.8% over the year to Q2 2026, while deposits shrank 6.4%.
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 CA 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 California bank ranked.