Springfield State Bank: how it compares with its peers
Against 53 KY banks with half to twice its assets, Springfield State Bank's strongest measure in Q2 2026 is assets per employee ($12.8M vs. a $6.1M peer median). Its weakest relative measure is net interest margin (3.03% vs. 3.87%).
| Measure | Springfield State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.01% | 1.35% | Bottom third Ahead of 21% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.03% | 3.87% | Bottom third Ahead of 4% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 49.93% | 58.25% | Top third Ahead of 87% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.8M | $6.1M | Top third Ahead of 98% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.15% | 83.93% | Context |
What it means for lending operations
Its efficiency ratio of 49.93% is better than the 58.25% 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
- Eclipse Bank, Inc. Louisville, KY · $486M
- River City Bank, Inc. Louisville, KY · $495M
- The First National Bank of Russell Springs Russell Springs, KY · $475M
- Pbt Bancorp Hazard, KY · $473M
- First Community Bank of the Heartland, Inc. Clinton, KY · $506M
- The Casey County Bank, Inc. Liberty, KY · $508M
Questions about Springfield State Bank
How big is Springfield State Bank?
Springfield State Bank, established in 1911, is headquartered in Springfield, KY. It reported $487M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Springfield State Bank's return on assets?
1.01% annualized in Q2 2026, against a 1.35% median for 53 KY banks with half to twice its assets, ahead of 21% of them.
What is Springfield State Bank's efficiency ratio?
49.93% in Q2 2026: it spent about 50 cents in noninterest expense for each dollar of revenue. The peer median is 58.25%, and lower is better.
Is Springfield State Bank growing its loans?
Net loans grew 9.5% over the year to Q2 2026, while deposits grew 10.8%.
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 KY 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 Kentucky bank ranked.