Houghton State Bank: how it compares with its peers
Against 114 IA banks with half to twice its assets, Houghton State Bank's strongest measure in Q2 2026 is net interest margin (4.28% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($6.8M vs. $8.6M).
| Measure | Houghton State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.56% | 1.40% | Middle third Ahead of 66% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.28% | 3.64% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 50.78% | 54.87% | Middle third Ahead of 65% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $8.6M | Bottom third Ahead of 24% of peers |
| Loans to deposits Net loans and leases over total deposits. | 85.69% | 77.64% | Context |
What it means for lending operations
Its efficiency ratio of 50.78% 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
- State Savings Bank Bedford, IA · $207M
- Iowa Falls State Bank Iowa Falls, IA · $202M
- Farmers & Merchants Bank & Trust Burlington, IA · $208M
- Keystone Savings Bank Marengo, IA · $201M
- Iowa Trust and Savings Bank Centerville, IA · $211M
Questions about Houghton State Bank
How big is Houghton State Bank?
Houghton State Bank, established in 1879, is headquartered in Red Oak, IA. It reported $205M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Houghton State Bank's return on assets?
1.56% annualized in Q2 2026, against a 1.40% median for 114 IA banks with half to twice its assets, ahead of 66% of them.
What is Houghton State Bank's efficiency ratio?
50.78% in Q2 2026: it spent about 51 cents in noninterest expense for each dollar of revenue. The peer median is 54.87%, and lower is better.
Is Houghton State Bank growing its loans?
Net loans shrank 5.5% over the year to Q2 2026, while deposits shrank 1.8%.
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.