Sanborn Savings Bank: how it compares with its peers
Against 63 IA banks with half to twice its assets, Sanborn Savings Bank's strongest measure in Q2 2026 is assets per employee ($8.4M vs. a $8.0M peer median). Its weakest relative measure is net interest margin (3.32% vs. 3.79%).
| Measure | Sanborn Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.16% | 1.29% | Middle third Ahead of 40% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.32% | 3.79% | Bottom third Ahead of 33% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.67% | 58.67% | Middle third Ahead of 38% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.4M | $8.0M | Middle third Ahead of 62% of peers |
| Loans to deposits Net loans and leases over total deposits. | 99.88% | 73.54% | Context |
What it means for lending operations
Its efficiency ratio of 61.67% is above the 58.67% 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
- Logan State Bank Logan, IA · $92M
- Community Bank of Oelwein Oelwein, IA · $95M
- The State Bank Spirit Lake, IA · $88M
- The First National Bank of Manning Manning, IA · $88M
- First Security State Bank Evansdale, IA · $87M
- The Watkins Savings Bank Watkins, IA · $87M
Questions about Sanborn Savings Bank
How big is Sanborn Savings Bank?
Sanborn Savings Bank, established in 1899, is headquartered in Sanborn, IA. It reported $93M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Sanborn Savings Bank's return on assets?
1.16% annualized in Q2 2026, against a 1.29% median for 63 IA banks with half to twice its assets, ahead of 40% of them.
What is Sanborn Savings Bank's efficiency ratio?
61.67% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 58.67%, and lower is better.
Is Sanborn Savings Bank growing its loans?
Net loans grew 8.0% over the year to Q2 2026, while deposits grew 2.3%.
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.