State Savings Bank: how it compares with its peers
Against 114 IA banks with half to twice its assets, State Savings Bank's strongest measure in Q2 2026 is efficiency ratio (38.36% vs. a 54.87% peer median). Its weakest relative measure is assets per employee ($8.0M vs. $8.6M).
| Measure | State Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.78% | 1.40% | Top third Ahead of 80% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.24% | 3.64% | Top third Ahead of 85% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 38.36% | 54.87% | Top third Ahead of 93% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.0M | $8.6M | Middle third Ahead of 38% of peers |
| Loans to deposits Net loans and leases over total deposits. | 101.35% | 77.64% | Context |
What it means for lending operations
Its efficiency ratio of 38.36% is better than the 54.87% 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
- Farmers & Merchants Bank & Trust Burlington, IA · $208M
- Houghton State Bank Red Oak, IA · $205M
- Iowa Trust and Savings Bank Centerville, IA · $211M
- Farmers Savings Bank & Trust Traer, IA · $213M
- Iowa Falls State Bank Iowa Falls, IA · $202M
Questions about State Savings Bank
How big is State Savings Bank?
State Savings Bank, established in 1915, is headquartered in Bedford, IA. It reported $207M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is State Savings Bank's return on assets?
1.78% annualized in Q2 2026, against a 1.40% median for 114 IA banks with half to twice its assets, ahead of 80% of them.
What is State Savings Bank's efficiency ratio?
38.36% in Q2 2026: it spent about 38 cents in noninterest expense for each dollar of revenue. The peer median is 54.87%, and lower is better.
Is State Savings Bank growing its loans?
Net loans grew 7.0% over the year to Q2 2026, while deposits grew 9.9%.
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.