Local Bank: how it compares with its peers
Against 29 AL banks with half to twice its assets, Local Bank's strongest measure in Q2 2026 is net interest margin (3.68% vs. a 3.88% peer median). Its weakest relative measure is assets per employee ($1.6M vs. $4.9M).
| Measure | Local Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -1.47% | 1.05% | Bottom third Ahead of 3% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.68% | 3.88% | Middle third Ahead of 34% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 111.08% | 70.25% | Bottom third Ahead of 3% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $1.6M | $4.9M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 97.84% | 62.12% | Context |
What it means for lending operations
Its efficiency ratio of 111.08% is above the 70.25% 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
- The Commercial Bank Of Ozark Ozark, AL · $115M
- Peoples Bank of Greensboro Greensboro, AL · $116M
- Peoples Exchange Bank Monroeville, AL · $99M
- Bank of Walker County Jasper, AL · $99M
- The Farmers & Merchants Bank Waterloo, AL · $98M
- The Samson Banking Company, Inc. Samson, AL · $124M
Questions about Local Bank
How big is Local Bank?
Local Bank, established in 1914, is headquartered in Tuscaloosa, AL. It reported $111M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Local Bank's return on assets?
-1.47% annualized in Q2 2026, against a 1.05% median for 29 AL banks with half to twice its assets, ahead of 3% of them.
What is Local Bank's efficiency ratio?
111.08% in Q2 2026: it spent about 111 cents in noninterest expense for each dollar of revenue. The peer median is 70.25%, and lower is better.
Is Local Bank growing its loans?
Net loans grew 17.2% over the year to Q2 2026, while deposits grew 16.7%.
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 AL 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 Alabama bank ranked.