Peoples State Bank: how it compares with its peers
Against 63 OH banks with half to twice its assets, Peoples State Bank's strongest measure in Q2 2026 is net interest margin (4.29% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($5.1M vs. $5.9M).
| Measure | Peoples State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.99% | 0.87% | Middle third Ahead of 56% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.29% | 3.64% | Top third Ahead of 76% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 69.07% | 72.43% | Middle third Ahead of 59% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.1M | $5.9M | Bottom third Ahead of 30% of peers |
| Loans to deposits Net loans and leases over total deposits. | 87.81% | 82.45% | Context |
What it means for lending operations
Its efficiency ratio of 69.07% is better than the 72.43% 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
- The Fort Jennings State Bank Fort Jennings, OH · $286M
- Community Savings Caldwell, OH · $285M
- First Federal Bank of Ohio Galion, OH · $283M
- Somerville Bank Eaton, OH · $291M
- Fairfield Federal Savings and Loan Association of Lancaster Lancaster, OH · $281M
- First Federal Savings and Loan Association Newark, OH · $294M
Questions about Peoples State Bank
How big is Peoples State Bank?
Peoples State Bank, established in 1932, is headquartered in New Lexington, OH. It reported $286M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Peoples State Bank's return on assets?
0.99% annualized in Q2 2026, against a 0.87% median for 63 OH banks with half to twice its assets, ahead of 56% of them.
What is Peoples State Bank's efficiency ratio?
69.07% in Q2 2026: it spent about 69 cents in noninterest expense for each dollar of revenue. The peer median is 72.43%, and lower is better.
Is Peoples State Bank growing its loans?
Net loans grew 14.4% over the year to Q2 2026, while deposits grew 1.4%.
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 OH 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.