Peoples Bank: how it compares with its peers
Against 93 IA banks with half to twice its assets, Peoples Bank's strongest measure in Q2 2026 is return on assets (1.17% vs. a 1.43% peer median). Its weakest relative measure is net interest margin (2.93% vs. 3.65%).
| Measure | Peoples Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.17% | 1.43% | Bottom third Ahead of 30% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.93% | 3.65% | Bottom third Ahead of 15% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.58% | 55.46% | Bottom third Ahead of 19% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.6M | $8.4M | Bottom third Ahead of 17% of peers |
| Loans to deposits Net loans and leases over total deposits. | 72.88% | 84.58% | Context |
What it means for lending operations
Its efficiency ratio of 62.58% is above the 55.46% 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
- American Bank, National Association Le Mars, IA · $533M
- The Shelby County State Bank Harlan, IA · $524M
- Iowa Trust & Savings Bank Emmetsburg, IA · $522M
- First Security Bank and Trust Company Charles City, IA · $538M
- Connection Bank Fort Madison, IA · $541M
- Central State Bank State Center, IA · $558M
Questions about Peoples Bank
How big is Peoples Bank?
Peoples Bank, established in 1917, is headquartered in Clive, IA. It reported $530M in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is Peoples Bank's return on assets?
1.17% annualized in Q2 2026, against a 1.43% median for 93 IA banks with half to twice its assets, ahead of 30% of them.
What is Peoples Bank's efficiency ratio?
62.58% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 55.46%, and lower is better.
Is Peoples Bank growing its loans?
Net loans grew 10.1% over the year to Q2 2026, while deposits grew 10.4%.
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.