Farmers Trust and Savings Bank: how it compares with its peers
Against 106 IA banks with half to twice its assets, Farmers Trust and Savings Bank's strongest measure in Q2 2026 is net interest margin (3.88% vs. a 3.61% peer median). Its weakest relative measure is efficiency ratio (59.83% vs. 55.03%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.58% | 1.40% | Middle third Ahead of 64% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.88% | 3.61% | Top third Ahead of 74% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.83% | 55.03% | Bottom third Ahead of 33% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.8M | $8.5M | Middle third Ahead of 35% of peers |
| Loans to deposits Net loans and leases over total deposits. | 96.00% | 83.63% | Context |
What it means for lending operations
Its efficiency ratio of 59.83% is above the 55.03% 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
- Central State Bank Coralville, IA · $419M
- Waukon State Bank Waukon, IA · $427M
- Maquoketa State Bank Maquoketa, IA · $429M
- TS Bank Treynor, IA · $433M
- FreedomBank Elkader, IA · $434M
- Hardin County Savings Bank Eldora, IA · $402M
Questions about Farmers Trust and Savings Bank
How big is Farmers Trust and Savings Bank?
Farmers Trust and Savings Bank, established in 1914, is headquartered in Buffalo Center, IA. It reported $423M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Farmers Trust and Savings Bank's return on assets?
1.58% annualized in Q2 2026, against a 1.40% median for 106 IA banks with half to twice its assets, ahead of 64% of them.
What is Farmers Trust and Savings Bank's efficiency ratio?
59.83% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 55.03%, and lower is better.
Is Farmers Trust and Savings Bank growing its loans?
Net loans grew 15.4% over the year to Q2 2026, while deposits grew 24.6%.
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.