First Security Bank: how it compares with its peers
Against 44 IA banks with half to twice its assets, First Security Bank's strongest measure in Q2 2026 is net interest margin (4.06% vs. a 3.78% peer median). Its weakest relative measure is efficiency ratio (66.99% vs. 61.77%).
| Measure | First Security Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.29% | 1.16% | Middle third Ahead of 59% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.06% | 3.78% | Top third Ahead of 73% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 66.99% | 61.77% | Bottom third Ahead of 27% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.2M | $7.9M | Middle third Ahead of 37% of peers |
| Loans to deposits Net loans and leases over total deposits. | 58.77% | 68.73% | Context |
What it means for lending operations
Its efficiency ratio of 66.99% is above the 61.77% 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
- State Central Bank Bonaparte, IA · $63M
- First Heritage Bank Shenandoah, IA · $72M
- First State Bank Nashua, IA · $72M
- Farmers State Bank Yale, IA · $73M
- State Bank Spencer, IA · $75M
- Montezuma State Bank Montezuma, IA · $55M
Questions about First Security Bank
How big is First Security Bank?
First Security Bank, established in 1878, is headquartered in Mapleton, IA. It reported $65M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is First Security Bank's return on assets?
1.29% annualized in Q2 2026, against a 1.16% median for 44 IA banks with half to twice its assets, ahead of 59% of them.
What is First Security Bank's efficiency ratio?
66.99% in Q2 2026: it spent about 67 cents in noninterest expense for each dollar of revenue. The peer median is 61.77%, and lower is better.
Is First Security Bank growing its loans?
Net loans shrank 6.1% over the year to Q2 2026, while deposits shrank 3.4%.
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.