GreatAmerica Bank National Association: how it compares with its peers
Against 101 IA banks with half to twice its assets, GreatAmerica Bank National Association's strongest measure in Q2 2026 is return on assets (-2.74% vs. a 1.44% peer median).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -2.74% | 1.44% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 1.51% | 3.65% | Bottom third Ahead of 0% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 133.88% | 55.02% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $571K | $8.5M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 457.08% | 84.40% | Context |
What it means for lending operations
Its efficiency ratio of 133.88% is above the 55.02% 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
- NSB Bank Mason City, IA · $461M
- Northeast Security Bank Sumner, IA · $462M
- FreedomBank Elkader, IA · $434M
- TS Bank Treynor, IA · $433M
- Iowa State Bank Algona, IA · $471M
- Maquoketa State Bank Maquoketa, IA · $429M
Questions about GreatAmerica Bank National Association
How big is GreatAmerica Bank National Association?
GreatAmerica Bank National Association, established in 1899, is headquartered in Cedar Rapids, IA. It reported $450M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is GreatAmerica Bank National Association's return on assets?
-2.74% annualized in Q2 2026, against a 1.44% median for 101 IA banks with half to twice its assets, ahead of 0% of them.
What is GreatAmerica Bank National Association's efficiency ratio?
133.88% in Q2 2026: it spent about 134 cents in noninterest expense for each dollar of revenue. The peer median is 55.02%, and lower is better.
Is GreatAmerica Bank National Association growing its loans?
Net loans grew 1251.5% over the year to Q2 2026, while deposits grew 64.6%.
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.