State Bank & Trust Co.: how it compares with its peers
Against 111 IA banks with half to twice its assets, State Bank & Trust Co.'s strongest measure in Q2 2026 is assets per employee ($10.4M vs. a $8.6M peer median). Its weakest relative measure is net interest margin (3.17% vs. 3.64%).
| Measure | State Bank & Trust Co. | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.44% | 1.40% | Middle third Ahead of 56% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.17% | 3.64% | Bottom third Ahead of 23% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 48.77% | 55.05% | Top third Ahead of 73% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.4M | $8.6M | Top third Ahead of 77% of peers |
| Loans to deposits Net loans and leases over total deposits. | 58.30% | 78.30% | Context |
What it means for lending operations
Its efficiency ratio of 48.77% 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
- Chelsea Savings Bank Belle Plaine, IA · $197M
- Mount Vernon Bank and Trust Company Mount Vernon, IA · $195M
- Citizens State Bank Sheldon, IA · $195M
- Keystone Savings Bank Marengo, IA · $201M
- Security Savings Bank Gowrie, IA · $194M
- Iowa Falls State Bank Iowa Falls, IA · $202M
Questions about State Bank & Trust Co.
How big is State Bank & Trust Co.?
State Bank & Trust Co., established in 1939, is headquartered in Nevada, IA. It reported $198M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is State Bank & Trust Co.'s return on assets?
1.44% annualized in Q2 2026, against a 1.40% median for 111 IA banks with half to twice its assets, ahead of 56% of them.
What is State Bank & Trust Co.'s efficiency ratio?
48.77% in Q2 2026: it spent about 49 cents in noninterest expense for each dollar of revenue. The peer median is 55.05%, and lower is better.
Is State Bank & Trust Co. growing its loans?
Net loans shrank 10.7% over the year to Q2 2026, while deposits grew 1.5%.
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.