Chelsea Savings Bank: how it compares with its peers
Against 111 IA banks with half to twice its assets, Chelsea Savings Bank's strongest measure in Q2 2026 is efficiency ratio (44.10% vs. a 55.05% peer median). Its weakest relative measure is net interest margin (3.49% vs. 3.64%).
| Measure | Chelsea Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.75% | 1.40% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.49% | 3.64% | Middle third Ahead of 41% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 44.10% | 55.05% | Top third Ahead of 82% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.6M | $8.6M | Middle third Ahead of 50% of peers |
| Loans to deposits Net loans and leases over total deposits. | 48.24% | 78.30% | Context |
What it means for lending operations
Its efficiency ratio of 44.10% is better than the 55.05% 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 Bank & Trust Co. Nevada, IA · $198M
- Mount Vernon Bank and Trust Company Mount Vernon, IA · $195M
- Citizens State Bank Sheldon, IA · $195M
- Security Savings Bank Gowrie, IA · $194M
- Keystone Savings Bank Marengo, IA · $201M
- Iowa Falls State Bank Iowa Falls, IA · $202M
Questions about Chelsea Savings Bank
How big is Chelsea Savings Bank?
Chelsea Savings Bank, established in 1936, is headquartered in Belle Plaine, IA. It reported $197M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Chelsea Savings Bank's return on assets?
1.75% annualized in Q2 2026, against a 1.40% median for 111 IA banks with half to twice its assets, ahead of 77% of them.
What is Chelsea Savings Bank's efficiency ratio?
44.10% in Q2 2026: it spent about 44 cents in noninterest expense for each dollar of revenue. The peer median is 55.05%, and lower is better.
Is Chelsea Savings Bank growing its loans?
Net loans grew 7.1% over the year to Q2 2026, while deposits grew 0.0%.
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.