Peoples Bank: how it compares with its peers
Against 34 IA banks with half to twice its assets, Peoples Bank's strongest measure in Q2 2026 is net interest margin (4.09% vs. a 3.65% peer median). Its weakest relative measure is assets per employee ($8.5M vs. $8.2M).
| Measure | Peoples Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.10% | 1.51% | Top third Ahead of 88% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.09% | 3.65% | Top third Ahead of 94% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 47.97% | 54.52% | Top third Ahead of 76% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.5M | $8.2M | Middle third Ahead of 59% of peers |
| Loans to deposits Net loans and leases over total deposits. | 101.97% | 89.31% | Context |
What it means for lending operations
Its efficiency ratio of 47.97% is better than the 54.52% 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
- Iowa State Bank Hull, IA · $1.26B
- Pilot Grove Savings Bank Pilot Grove, IA · $1.22B
- Capra Bank Dubuque, IA · $1.34B
- Bank Midwest Spirit Lake, IA · $1.35B
- Farmers State Bank Marion, IA · $1.12B
- First National Bank, Ames, Iowa Ames, IA · $1.11B
Questions about Peoples Bank
How big is Peoples Bank?
Peoples Bank, established in 1945, is headquartered in Rock Valley, IA. It reported $1.25B in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is Peoples Bank's return on assets?
2.10% annualized in Q2 2026, against a 1.51% median for 34 IA banks with half to twice its assets, ahead of 88% of them.
What is Peoples Bank's efficiency ratio?
47.97% in Q2 2026: it spent about 48 cents in noninterest expense for each dollar of revenue. The peer median is 54.52%, and lower is better.
Is Peoples Bank growing its loans?
Net loans grew 14.8% over the year to Q2 2026, while deposits grew 11.2%.
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.