Maxwell State Bank: how it compares with its peers
Against 15 IA banks with half to twice its assets, Maxwell State Bank's strongest measure in Q2 2026 is net interest margin (3.46% vs. a 3.79% peer median). Its weakest relative measure is return on assets (-4.91% vs. 1.02%).
| Measure | Maxwell State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -4.91% | 1.02% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.46% | 3.79% | Bottom third Ahead of 27% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 188.73% | 65.31% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.0M | $6.8M | Bottom third Ahead of 14% of peers |
| Loans to deposits Net loans and leases over total deposits. | 60.91% | 58.59% | Context |
What it means for lending operations
Its efficiency ratio of 188.73% is above the 65.31% 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
- American Trust and Savings Bank Lowden, IA · $28M
- The First National Bank of Primghar Primghar, IA · $36M
- Farmers State Bank Lake View, IA · $37M
- State Bank of Schaller Schaller, IA · $41M
- Community State Bank Paton, IA · $41M
- Cornerstone Bank Clarinda, IA · $42M
Questions about Maxwell State Bank
How big is Maxwell State Bank?
Maxwell State Bank, established in 1943, is headquartered in Maxwell, IA. It reported $32M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Maxwell State Bank's return on assets?
-4.91% annualized in Q2 2026, against a 1.02% median for 15 IA banks with half to twice its assets, ahead of 0% of them.
What is Maxwell State Bank's efficiency ratio?
188.73% in Q2 2026: it spent about 189 cents in noninterest expense for each dollar of revenue. The peer median is 65.31%, and lower is better.
Is Maxwell State Bank growing its loans?
Net loans grew 111.7% over the year to Q2 2026, while deposits grew 14.6%.
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.