First Independent Bank: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks First Independent Bank of Russell, MN against its peer group of 2672 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA | 1.70% | 1.35% | +0.35% | 74th above |
| ROAE | 17.87% | 12.05% | +5.82% | 79th top |
| Net Interest Margin | 3.80% | 3.90% | -0.10% | 42nd below |
| Efficiency Ratio | 42.96% | 63.16% | -20.20% | 92nd top |
| PPNR / Avg Assets | 2.56% | 1.64% | +0.92% | 91st top |
| Yield on Earning Assets | 5.50% | 5.65% | -0.15% | 45th below |
| Cost of Funds | 1.90% | 1.85% | +0.05% | 44th below |
| Net Interest Spread | 2.99% | 3.35% | -0.36% | 32nd below |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 0.14% | 0.92% | -0.78% | 69th above |
| NPA / Total Assets | 0.10% | 0.67% | -0.57% | 70th above |
| NCO / Avg Loans Ahead of the peer average, behind the median peer. | 0.03% | 0.15% | -0.12% | 30th below |
| ACL / Total Loans | 1.38% | 1.28% | +0.10% | 70th above |
| ACL / NPLs (Coverage) Behind the peer average, ahead of the median peer. | 994.14% | 1645.42% | -651.28% | 83rd top |
| Texas Ratio | 0.95% | 7.15% | -6.20% | 73rd above |
| Provision / NCO | 4411.76% | 1187.26% | +3224.50% | — |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio | 12.26% | 20.83% | -8.57% | 20th bottom |
| Tier 1 Ratio | 12.26% | 20.87% | -8.61% | 20th bottom |
| Total Capital Ratio | 13.49% | 21.94% | -8.45% | 22nd bottom |
| Leverage Ratio | 9.87% | 12.46% | -2.59% | 29th below |
| Equity / Assets | 9.68% | 11.67% | -1.99% | 39th below |
| TCE / Tangible Assets | 9.32% | 11.40% | -2.08% | 37th below |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 83.19% | 78.64% | +4.55% | 45th below |
| Core Deposit Ratio | 86.76% | 87.09% | -0.33% | 37th below |
| Wholesale Funding Ratio | 5.70% | 5.11% | +0.59% | 33rd below |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 15.70% | 6.47% | +9.23% | 92nd top |
| Loan Growth (Y/Y) | 22.61% | 7.63% | +14.98% | 94th top |
| Deposit Growth (Y/Y) | 19.07% | 6.02% | +13.05% | 94th top |
See First Independent Bank's peers by name
The 2672 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock First Independent Bank, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full First Independent Bank profile, how to read a UBPR, or how this data updates.