West Bank: how it compares with its peers
Against 10 IA banks with half to twice its assets, West Bank's strongest measure in Q2 2026 is assets per employee ($21.2M vs. a $9.3M peer median). Its weakest relative measure is net interest margin (2.78% vs. 3.61%).
| Measure | West Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.19% | 1.30% | Bottom third Ahead of 30% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.78% | 3.61% | Bottom third Ahead of 10% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 46.33% | 55.14% | Top third Ahead of 80% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $21.2M | $9.3M | Top third Ahead of 90% of peers |
| Loans to deposits Net loans and leases over total deposits. | 87.11% | 91.84% | Context |
What it means for lending operations
Its efficiency ratio of 46.33% is better than the 55.14% 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
- Hills Bank and Trust Company Hills, IA · $4.79B
- Northwest Bank Spencer, IA · $3.00B
- Cedar Rapids Bank and Trust Company Cedar Rapids, IA · $2.90B
- Quad City Bank and Trust Company Bettendorf, IA · $2.77B
- Fidelity Bank & Trust Dubuque, IA · $2.60B
- United Bank of Iowa Ida Grove, IA · $2.50B
Questions about West Bank
How big is West Bank?
West Bank, established in 1893, is headquartered in West Des Moines, IA. It reported $4.03B in total assets in its Q2 2026 FDIC call report and operates 12 offices.
What is West Bank's return on assets?
1.19% annualized in Q2 2026, against a 1.30% median for 10 IA banks with half to twice its assets, ahead of 30% of them.
What is West Bank's efficiency ratio?
46.33% in Q2 2026: it spent about 46 cents in noninterest expense for each dollar of revenue. The peer median is 55.14%, and lower is better.
Is West Bank growing its loans?
Net loans shrank 0.5% over the year to Q2 2026, while deposits shrank 1.3%.
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.