Clear Lake Bank and Trust Company: how it compares with its peers
Against 73 IA banks with half to twice its assets, Clear Lake Bank and Trust Company's strongest measure in Q2 2026 is net interest margin (4.03% vs. a 3.63% peer median). Its weakest relative measure is assets per employee ($7.2M vs. $8.3M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.94% | 1.43% | Top third Ahead of 81% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.03% | 3.63% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 53.75% | 55.02% | Middle third Ahead of 62% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.2M | $8.3M | Bottom third Ahead of 26% of peers |
| Loans to deposits Net loans and leases over total deposits. | 83.51% | 86.33% | Context |
What it means for lending operations
Its efficiency ratio of 53.75% is better than the 55.02% 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
- Midstates Bank, National Association Council Bluffs, IA · $654M
- Marion County State Bank Pella, IA · $629M
- Liberty National Bank Sioux City, IA · $624M
- First State Bank Webster City, IA · $674M
- South Story Bank & Trust Slater, IA · $624M
- GNB Bank Grundy Center, IA · $621M
Questions about Clear Lake Bank and Trust Company
How big is Clear Lake Bank and Trust Company?
Clear Lake Bank and Trust Company, established in 1934, is headquartered in Clear Lake, IA. It reported $649M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Clear Lake Bank and Trust Company's return on assets?
1.94% annualized in Q2 2026, against a 1.43% median for 73 IA banks with half to twice its assets, ahead of 81% of them.
What is Clear Lake Bank and Trust Company's efficiency ratio?
53.75% in Q2 2026: it spent about 54 cents in noninterest expense for each dollar of revenue. The peer median is 55.02%, and lower is better.
Is Clear Lake Bank and Trust Company growing its loans?
Net loans grew 4.8% over the year to Q2 2026, while deposits grew 6.9%.
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.