First Central State Bank: how it compares with its peers
Against 63 IA banks with half to twice its assets, First Central State Bank's strongest measure in Q2 2026 is efficiency ratio (52.57% vs. a 55.02% peer median). Its weakest relative measure is assets per employee ($8.0M vs. $8.1M).
| Measure | First Central State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.43% | 1.44% | Middle third Ahead of 48% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.57% | 3.67% | Middle third Ahead of 44% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 52.57% | 55.02% | Top third Ahead of 68% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.0M | $8.1M | Middle third Ahead of 43% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.44% | 87.50% | Context |
What it means for lending operations
Its efficiency ratio of 52.57% is better than the 55.02% 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
- Midwest Heritage Bank, FSB West Des Moines, IA · $768M
- Green Belt Bank & Trust Iowa Falls, IA · $759M
- City State Bank Norwalk, IA · $788M
- Decorah Bank & Trust Company Decorah, IA · $794M
- Primebank Le Mars, IA · $801M
- First Bank Waverly, IA · $740M
Questions about First Central State Bank
How big is First Central State Bank?
First Central State Bank, established in 1967, is headquartered in Dewitt, IA. It reported $772M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is First Central State Bank's return on assets?
1.43% annualized in Q2 2026, against a 1.44% median for 63 IA banks with half to twice its assets, ahead of 48% of them.
What is First Central State Bank's efficiency ratio?
52.57% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 55.02%, and lower is better.
Is First Central State Bank growing its loans?
Net loans grew 6.5% over the year to Q2 2026, while deposits grew 4.4%.
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.