Solon State Bank: how it compares with its peers
Against 85 IA banks with half to twice its assets, Solon State Bank's strongest measure in Q2 2026 is net interest margin (4.76% vs. a 3.64% peer median). Its weakest relative measure is return on assets (0.05% vs. 1.33%).
| Measure | Solon State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.05% | 1.33% | Bottom third Ahead of 1% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.76% | 3.64% | Top third Ahead of 96% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 39.60% | 57.45% | Top third Ahead of 93% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.2M | $8.2M | Middle third Ahead of 48% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.80% | 74.76% | Context |
What it means for lending operations
Its efficiency ratio of 39.60% is better than the 57.45% 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
- Farmers and Merchants Savings Bank Iowa City, IA · $122M
- Pocahontas State Bank Pocahontas, IA · $123M
- United Bank & Trust Co. Marshalltown, IA · $120M
- Security State Bank Radcliffe, IA · $119M
- First State Bank Britt, IA · $126M
- Cedar Valley Bank & Trust La Porte City, IA · $126M
Questions about Solon State Bank
How big is Solon State Bank?
Solon State Bank, established in 1932, is headquartered in Solon, IA. It reported $122M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Solon State Bank's return on assets?
0.05% annualized in Q2 2026, against a 1.33% median for 85 IA banks with half to twice its assets, ahead of 1% of them.
What is Solon State Bank's efficiency ratio?
39.60% in Q2 2026: it spent about 40 cents in noninterest expense for each dollar of revenue. The peer median is 57.45%, and lower is better.
Is Solon State Bank growing its loans?
Net loans grew 7.5% over the year to Q2 2026, while deposits grew 5.8%.
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.