The First National Bank of Groton: how it compares with its peers
Against 25 NY banks with half to twice its assets, The First National Bank of Groton's strongest measure in Q2 2026 is net interest margin (4.46% vs. a 3.76% peer median). Its weakest relative measure is assets per employee ($5.8M vs. $6.8M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.30% | 0.71% | Top third Ahead of 68% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.46% | 3.76% | Top third Ahead of 76% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.41% | 71.94% | Middle third Ahead of 64% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.8M | $6.8M | Middle third Ahead of 38% of peers |
| Loans to deposits Net loans and leases over total deposits. | 59.65% | 87.85% | Context |
What it means for lending operations
Its efficiency ratio of 65.41% is better than the 71.94% 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 First National Bank of Dryden Dryden, NY · $204M
- Massena Savings and Loan Massena, NY · $200M
- Gouverneur Savings and Loan Association Gouverneur, NY · $199M
- First Federal Savings of Middletown Middletown, NY · $188M
- Savannah Bank National Association Savannah, NY · $187M
- Bank of Richmondville Cobleskill, NY · $186M
Questions about The First National Bank of Groton
How big is The First National Bank of Groton?
The First National Bank of Groton, established in 1865, is headquartered in Groton, NY. It reported $204M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The First National Bank of Groton's return on assets?
1.30% annualized in Q2 2026, against a 0.71% median for 25 NY banks with half to twice its assets, ahead of 68% of them.
What is The First National Bank of Groton's efficiency ratio?
65.41% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 71.94%, and lower is better.
Is The First National Bank of Groton growing its loans?
Net loans grew 3.8% over the year to Q2 2026, while deposits grew 2.2%.
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 NY 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 New York bank ranked.