Defiance State Bank: how it compares with its peers
Against 23 IA banks with half to twice its assets, Defiance State Bank's strongest measure in Q2 2026 is net interest margin (3.93% vs. a 3.80% peer median). Its weakest relative measure is efficiency ratio (80.65% vs. 65.31%).
| Measure | Defiance State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.71% | 1.13% | Bottom third Ahead of 22% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.93% | 3.80% | Middle third Ahead of 57% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 80.65% | 65.31% | Bottom third Ahead of 13% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.1M | $7.1M | Middle third Ahead of 36% of peers |
| Loans to deposits Net loans and leases over total deposits. | 95.35% | 62.56% | Context |
What it means for lending operations
Its efficiency ratio of 80.65% 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
- Cornerstone Bank Clarinda, IA · $42M
- Community State Bank Paton, IA · $41M
- State Bank of Schaller Schaller, IA · $41M
- ITS Bank Johnston, IA · $45M
- Farmers State Bank Lake View, IA · $37M
- The First National Bank of Primghar Primghar, IA · $36M
Questions about Defiance State Bank
How big is Defiance State Bank?
Defiance State Bank, established in 1951, is headquartered in Defiance, IA. It reported $43M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Defiance State Bank's return on assets?
0.71% annualized in Q2 2026, against a 1.13% median for 23 IA banks with half to twice its assets, ahead of 22% of them.
What is Defiance State Bank's efficiency ratio?
80.65% in Q2 2026: it spent about 81 cents in noninterest expense for each dollar of revenue. The peer median is 65.31%, and lower is better.
Is Defiance State Bank growing its loans?
Net loans grew 10.9% over the year to Q2 2026, while deposits grew 3.9%.
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.