Northeast Security Bank: how it compares with its peers
Against 98 IA banks with half to twice its assets, Northeast Security Bank's strongest measure in Q2 2026 is assets per employee ($10.3M vs. a $8.4M peer median). Its weakest relative measure is net interest margin (3.20% vs. 3.67%).
| Measure | Northeast Security Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.22% | 1.44% | Middle third Ahead of 34% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.20% | 3.67% | Bottom third Ahead of 20% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 52.26% | 55.75% | Top third Ahead of 71% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.3M | $8.4M | Top third Ahead of 77% of peers |
| Loans to deposits Net loans and leases over total deposits. | 70.67% | 85.90% | Context |
What it means for lending operations
Its efficiency ratio of 52.26% is better than the 55.75% 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
- NSB Bank Mason City, IA · $461M
- Iowa State Bank Algona, IA · $471M
- GreatAmerica Bank National Association Cedar Rapids, IA · $450M
- Iowa State Bank Des Moines, IA · $481M
- Home State Bank Jefferson, IA · $481M
- American Bank and Trust Company, National Association Davenport, IA · $481M
Questions about Northeast Security Bank
How big is Northeast Security Bank?
Northeast Security Bank, established in 1888, is headquartered in Sumner, IA. It reported $462M in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is Northeast Security Bank's return on assets?
1.22% annualized in Q2 2026, against a 1.44% median for 98 IA banks with half to twice its assets, ahead of 34% of them.
What is Northeast Security Bank's efficiency ratio?
52.26% in Q2 2026: it spent about 52 cents in noninterest expense for each dollar of revenue. The peer median is 55.75%, and lower is better.
Is Northeast Security Bank growing its loans?
Net loans grew 3.4% over the year to Q2 2026, while deposits grew 10.5%.
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.