Twin Cedars Bank: how it compares with its peers
Against 84 IA banks with half to twice its assets, Twin Cedars Bank's strongest measure in Q2 2026 is net interest margin (3.97% vs. a 3.64% peer median). Its weakest relative measure is return on assets (-2.34% vs. 1.32%).
| Measure | Twin Cedars Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -2.34% | 1.32% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.97% | 3.64% | Middle third Ahead of 64% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 108.20% | 57.38% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.6M | $8.2M | Bottom third Ahead of 12% of peers |
| Loans to deposits Net loans and leases over total deposits. | 84.28% | 74.50% | Context |
What it means for lending operations
Its efficiency ratio of 108.20% is above the 57.38% 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
- Security State Bank Radcliffe, IA · $119M
- United Bank & Trust Co. Marshalltown, IA · $120M
- First Community Bank Newell, IA · $116M
- Solon State Bank Solon, IA · $122M
- Farmers and Merchants Savings Bank Iowa City, IA · $122M
- Pocahontas State Bank Pocahontas, IA · $123M
Questions about Twin Cedars Bank
How big is Twin Cedars Bank?
Twin Cedars Bank, established in 1931, is headquartered in Bussey, IA. It reported $118M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Twin Cedars Bank's return on assets?
-2.34% annualized in Q2 2026, against a 1.32% median for 84 IA banks with half to twice its assets, ahead of 0% of them.
What is Twin Cedars Bank's efficiency ratio?
108.20% in Q2 2026: it spent about 108 cents in noninterest expense for each dollar of revenue. The peer median is 57.38%, and lower is better.
Is Twin Cedars Bank growing its loans?
Net loans shrank 4.3% over the year to Q2 2026, while deposits grew 6.0%.
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.