State Savings Bank: how it compares with its peers
Against 115 IA banks with half to twice its assets, State Savings Bank's strongest measure in Q2 2026 is net interest margin (3.64% vs. a 3.57% peer median). Its weakest relative measure is return on assets (1.26% vs. 1.42%).
| Measure | State Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.26% | 1.42% | Middle third Ahead of 39% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.64% | 3.57% | Middle third Ahead of 54% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 54.39% | 54.64% | Middle third Ahead of 51% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.6M | $8.7M | Middle third Ahead of 48% of peers |
| Loans to deposits Net loans and leases over total deposits. | 104.38% | 80.43% | Context |
What it means for lending operations
Its efficiency ratio of 54.39% is better than the 54.64% 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
- United Community Bank Milford, IA · $290M
- Crawford County Trust and Savings Bank Denison, IA · $294M
- The Home Trust & Savings Bank Osage, IA · $288M
- First Whitney Bank and Trust Atlantic, IA · $288M
- Fairfax State Savings Bank Fairfax, IA · $287M
- Leighton State Bank Pella, IA · $298M
Questions about State Savings Bank
How big is State Savings Bank?
State Savings Bank, established in 1894, is headquartered in West Des Moines, IA. It reported $292M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is State Savings Bank's return on assets?
1.26% annualized in Q2 2026, against a 1.42% median for 115 IA banks with half to twice its assets, ahead of 39% of them.
What is State Savings Bank's efficiency ratio?
54.39% in Q2 2026: it spent about 54 cents in noninterest expense for each dollar of revenue. The peer median is 54.64%, and lower is better.
Is State Savings Bank growing its loans?
Net loans shrank 2.0% over the year to Q2 2026, while deposits grew 17.7%.
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.