Mount Vernon Bank and Trust Company: how it compares with its peers
Against 110 IA banks with half to twice its assets, Mount Vernon Bank and Trust Company's strongest measure in Q2 2026 is assets per employee ($9.8M vs. a $8.6M peer median). Its weakest relative measure is net interest margin (3.24% vs. 3.64%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.30% | 1.41% | Middle third Ahead of 44% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.24% | 3.64% | Bottom third Ahead of 28% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 50.33% | 55.88% | Middle third Ahead of 66% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.8M | $8.6M | Top third Ahead of 70% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.96% | 78.03% | Context |
What it means for lending operations
Its efficiency ratio of 50.33% is better than the 55.88% 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
- Citizens State Bank Sheldon, IA · $195M
- Chelsea Savings Bank Belle Plaine, IA · $197M
- Security Savings Bank Gowrie, IA · $194M
- State Bank & Trust Co. Nevada, IA · $198M
- Farmers Trust & Savings Bank Williamsburg, IA · $192M
- Keystone Savings Bank Marengo, IA · $201M
Questions about Mount Vernon Bank and Trust Company
How big is Mount Vernon Bank and Trust Company?
Mount Vernon Bank and Trust Company, established in 1884, is headquartered in Mount Vernon, IA. It reported $195M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Mount Vernon Bank and Trust Company's return on assets?
1.30% annualized in Q2 2026, against a 1.41% median for 110 IA banks with half to twice its assets, ahead of 44% of them.
What is Mount Vernon Bank and Trust Company's efficiency ratio?
50.33% in Q2 2026: it spent about 50 cents in noninterest expense for each dollar of revenue. The peer median is 55.88%, and lower is better.
Is Mount Vernon Bank and Trust Company growing its loans?
Net loans grew 8.8% over the year to Q2 2026, while deposits grew 10.3%.
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 IA 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 Iowa bank ranked.