The Shelby County State Bank: how it compares with its peers
Against 93 IA banks with half to twice its assets, The Shelby County State Bank's strongest measure in Q2 2026 is net interest margin (3.99% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($6.2M vs. $8.4M).
| Measure | The Shelby County State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.43% | 1.42% | Middle third Ahead of 52% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.99% | 3.64% | Top third Ahead of 78% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 54.30% | 56.04% | Middle third Ahead of 59% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.2M | $8.4M | Bottom third Ahead of 12% of peers |
| Loans to deposits Net loans and leases over total deposits. | 74.87% | 84.58% | Context |
What it means for lending operations
Its efficiency ratio of 54.30% is better than the 56.04% 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
- Iowa Trust & Savings Bank Emmetsburg, IA · $522M
- Peoples Bank Clive, IA · $530M
- American Bank, National Association Le Mars, IA · $533M
- First Security Bank and Trust Company Charles City, IA · $538M
- Connection Bank Fort Madison, IA · $541M
- Ohnward Bank & Trust Cascade, IA · $499M
Questions about The Shelby County State Bank
How big is The Shelby County State Bank?
The Shelby County State Bank, established in 1909, is headquartered in Harlan, IA. It reported $524M in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is The Shelby County State Bank's return on assets?
1.43% annualized in Q2 2026, against a 1.42% median for 93 IA banks with half to twice its assets, ahead of 52% of them.
What is The Shelby County State Bank's efficiency ratio?
54.30% in Q2 2026: it spent about 54 cents in noninterest expense for each dollar of revenue. The peer median is 56.04%, and lower is better.
Is The Shelby County State Bank growing its loans?
Net loans shrank 5.7% over the year to Q2 2026, while deposits grew 0.6%.
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.