The Farmers National Bank of Canfield: how it compares with its peers
Against 238 U.S. banks with half to twice its assets, The Farmers National Bank of Canfield's strongest measure in Q2 2026 is efficiency ratio (55.63% vs. a 54.98% peer median). Its weakest relative measure is assets per employee ($8.6M vs. $10.0M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.29% | 1.34% | Middle third Ahead of 43% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.50% | 3.68% | Middle third Ahead of 39% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 55.63% | 54.98% | Middle third Ahead of 48% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.6M | $10.0M | Bottom third Ahead of 33% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.53% | 88.35% | Context |
What it means for lending operations
Its efficiency ratio of 55.63% is above the 54.98% 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
- Lake City Bank Warsaw, IN · $7.24B
- Johnson Bank Racine, WI · $7.07B
- Republic Bank & Trust Company Louisville, KY · $7.05B
- Mid Penn Bank Millersburg, PA · $7.04B
- Pathward, National Association Sioux Falls, SD · $7.31B
- Cambridge Savings Bank Cambridge, MA · $6.98B
Questions about The Farmers National Bank of Canfield
How big is The Farmers National Bank of Canfield?
The Farmers National Bank of Canfield, established in 1887, is headquartered in Canfield, OH. It reported $7.16B in total assets in its Q2 2026 FDIC call report and operates 83 offices.
What is The Farmers National Bank of Canfield's return on assets?
1.29% annualized in Q2 2026, against a 1.34% median for 238 U.S. banks with half to twice its assets, ahead of 43% of them.
What is The Farmers National Bank of Canfield's efficiency ratio?
55.63% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 54.98%, and lower is better.
Is The Farmers National Bank of Canfield growing its loans?
Net loans grew 44.7% over the year to Q2 2026, while deposits grew 32.5%.
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 U.S. 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 Ohio bank ranked.