BankFirst Financial Services: how it compares with its peers
Against 457 U.S. banks with half to twice its assets, BankFirst Financial Services's strongest measure in Q2 2026 is net interest margin (4.03% vs. a 3.66% peer median). Its weakest relative measure is assets per employee ($6.2M vs. $9.2M).
| Measure | BankFirst Financial Services | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.10% | 1.27% | Middle third Ahead of 35% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.03% | 3.66% | Top third Ahead of 70% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.84% | 58.47% | Bottom third Ahead of 31% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.2M | $9.2M | Bottom third Ahead of 11% of peers |
| Loans to deposits Net loans and leases over total deposits. | 79.28% | 88.57% | Context |
What it means for lending operations
Its efficiency ratio of 63.84% is above the 58.47% 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
- ACNB Bank Gettysburg, PA · $3.30B
- Union Savings Bank Danbury, CT · $3.30B
- Red River Bank Alexandria, LA · $3.31B
- Fidelity Bank, National Association Wichita, KS · $3.30B
- Oakstar Bank Springfield, MO · $3.29B
Questions about BankFirst Financial Services
How big is BankFirst Financial Services?
BankFirst Financial Services, established in 1888, is headquartered in Columbus, MS. It reported $3.31B in total assets in its Q2 2026 FDIC call report and operates 51 offices.
What is BankFirst Financial Services's return on assets?
1.10% annualized in Q2 2026, against a 1.27% median for 457 U.S. banks with half to twice its assets, ahead of 35% of them.
What is BankFirst Financial Services's efficiency ratio?
63.84% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 58.47%, and lower is better.
Is BankFirst Financial Services growing its loans?
Net loans grew 23.9% over the year to Q2 2026, while deposits grew 18.9%.
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 U.S. 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 Mississippi bank ranked.