Cedar Rapids State Bank: how it compares with its peers
Against 51 NE banks with half to twice its assets, Cedar Rapids State Bank's strongest measure in Q2 2026 is assets per employee ($9.2M vs. a $8.0M peer median). Its weakest relative measure is net interest margin (3.52% vs. 3.85%).
| Measure | Cedar Rapids State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.10% | 1.34% | Bottom third Ahead of 31% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.52% | 3.85% | Bottom third Ahead of 29% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.47% | 59.59% | Middle third Ahead of 55% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.2M | $8.0M | Top third Ahead of 71% of peers |
| Loans to deposits Net loans and leases over total deposits. | 92.21% | 84.81% | Context |
What it means for lending operations
Its efficiency ratio of 57.47% is better than the 59.59% 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
- Brunswick State Bank Brunswick, NE · $176M
- Foundation One Bank Waterloo, NE · $182M
- First National Bank in Ord Ord, NE · $166M
- United Republic Bank Elkhorn, NE · $186M
- Legends West Bank Lewellen, NE · $158M
- South Central State Bank Campbell, NE · $192M
Questions about Cedar Rapids State Bank
How big is Cedar Rapids State Bank?
Cedar Rapids State Bank, established in 1936, is headquartered in Cedar Rapids, NE. It reported $175M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Cedar Rapids State Bank's return on assets?
1.10% annualized in Q2 2026, against a 1.34% median for 51 NE banks with half to twice its assets, ahead of 31% of them.
What is Cedar Rapids State Bank's efficiency ratio?
57.47% in Q2 2026: it spent about 57 cents in noninterest expense for each dollar of revenue. The peer median is 59.59%, and lower is better.
Is Cedar Rapids State Bank growing its loans?
Net loans shrank 0.7% over the year to Q2 2026, while deposits grew 1.9%.
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 NE 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 Nebraska bank ranked.