Farmers State Bank of Hoffman: how it compares with its peers
Against 145 IL banks with half to twice its assets, Farmers State Bank of Hoffman's strongest measure in Q2 2026 is assets per employee ($6.8M vs. a $6.5M peer median). Its weakest relative measure is return on assets (0.67% vs. 1.15%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.67% | 1.15% | Bottom third Ahead of 17% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.38% | 3.73% | Bottom third Ahead of 29% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 71.41% | 64.64% | Bottom third Ahead of 27% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $6.5M | Middle third Ahead of 55% of peers |
| Loans to deposits Net loans and leases over total deposits. | 67.28% | 75.06% | Context |
What it means for lending operations
Its efficiency ratio of 71.41% is above the 64.64% 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
- West Central Bank Ashland, IL · $232M
- Anna-Jonesboro National Bank Anna, IL · $234M
- Eagle Valley Bank Griggsville, IL · $230M
- Warren-Boynton State Bank New Berlin, IL · $235M
- Crossroads Bank Effingham, IL · $235M
- First Federal Savings and Loan Association of Central Illinois, S.B. Shelbyville, IL · $235M
Questions about Farmers State Bank of Hoffman
How big is Farmers State Bank of Hoffman?
Farmers State Bank of Hoffman, established in 1911, is headquartered in Hoffman, IL. It reported $232M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Farmers State Bank of Hoffman's return on assets?
0.67% annualized in Q2 2026, against a 1.15% median for 145 IL banks with half to twice its assets, ahead of 17% of them.
What is Farmers State Bank of Hoffman's efficiency ratio?
71.41% in Q2 2026: it spent about 71 cents in noninterest expense for each dollar of revenue. The peer median is 64.64%, and lower is better.
Is Farmers State Bank of Hoffman growing its loans?
Net loans grew 11.4% over the year to Q2 2026, while deposits grew 1.3%.
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 IL 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 Illinois bank ranked.