Lake-Osceola State Bank: how it compares with its peers
Against 32 MI banks with half to twice its assets, Lake-Osceola State Bank's strongest measure in Q2 2026 is efficiency ratio (57.52% vs. a 64.10% peer median). Its weakest relative measure is assets per employee ($5.9M vs. $6.2M).
| Measure | Lake-Osceola State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.60% | 1.31% | Top third Ahead of 69% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.14% | 4.23% | Middle third Ahead of 44% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.52% | 64.10% | Top third Ahead of 75% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.9M | $6.2M | Middle third Ahead of 38% of peers |
| Loans to deposits Net loans and leases over total deposits. | 62.39% | 75.57% | Context |
What it means for lending operations
Its efficiency ratio of 57.52% is better than the 64.10% 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
- Citizens National Bank of Cheboygan Cheboygan, MI · $471M
- 1st State Bank Saginaw, MI · $490M
- Century Bank and Trust Coldwater, MI · $494M
- Honor Bank Honor, MI · $443M
- Grand River Bank Grandville, MI · $507M
- State Savings Bank Frankfort, MI · $431M
Questions about Lake-Osceola State Bank
How big is Lake-Osceola State Bank?
Lake-Osceola State Bank, established in 1908, is headquartered in Baldwin, MI. It reported $469M in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is Lake-Osceola State Bank's return on assets?
1.60% annualized in Q2 2026, against a 1.31% median for 32 MI banks with half to twice its assets, ahead of 69% of them.
What is Lake-Osceola State Bank's efficiency ratio?
57.52% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 64.10%, and lower is better.
Is Lake-Osceola State Bank growing its loans?
Net loans grew 0.1% over the year to Q2 2026, while deposits grew 6.3%.
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 MI 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 Michigan bank ranked.