I3 Bank: how it compares with its peers
Against 55 NE banks with half to twice its assets, I3 Bank's strongest measure in Q2 2026 is net interest margin (4.89% vs. a 3.96% peer median). Its weakest relative measure is assets per employee ($5.6M vs. $8.1M).
| Measure | I3 Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.92% | 1.42% | Bottom third Ahead of 13% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.89% | 3.96% | Top third Ahead of 96% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.61% | 57.67% | Bottom third Ahead of 11% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.6M | $8.1M | Bottom third Ahead of 7% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.18% | 84.83% | Context |
What it means for lending operations
Its efficiency ratio of 67.61% is above the 57.67% 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
- Town & Country Bank Ravenna, NE · $229M
- First State Bank Loomis, NE · $232M
- Farmers and Merchants State Bank, Bloomfield, Nebraska Bloomfield, NE · $233M
- Farmers and Merchants Bank Milligan, NE · $215M
- Adams County Bank Kenesaw, NE · $241M
- Nebraska Bank of Commerce Lincoln, NE · $241M
Questions about I3 Bank
How big is I3 Bank?
I3 Bank, established in 1928, is headquartered in Bennington, NE. It reported $225M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is I3 Bank's return on assets?
0.92% annualized in Q2 2026, against a 1.42% median for 55 NE banks with half to twice its assets, ahead of 13% of them.
What is I3 Bank's efficiency ratio?
67.61% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 57.67%, and lower is better.
Is I3 Bank growing its loans?
Net loans grew 13.1% over the year to Q2 2026, while deposits grew 5.0%.
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 NE 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 Nebraska bank ranked.