First Whitney Bank and Trust: how it compares with its peers
Against 116 IA banks with half to twice its assets, First Whitney Bank and Trust's strongest measure in Q2 2026 is assets per employee ($14.4M vs. a $8.6M peer median). Its weakest relative measure is net interest margin (2.84% vs. 3.59%).
| Measure | First Whitney Bank and Trust | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.62% | 1.41% | Middle third Ahead of 66% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.84% | 3.59% | Bottom third Ahead of 9% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 42.59% | 54.67% | Top third Ahead of 91% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $14.4M | $8.6M | Top third Ahead of 95% of peers |
| Loans to deposits Net loans and leases over total deposits. | 62.51% | 80.86% | Context |
What it means for lending operations
Its efficiency ratio of 42.59% is better than the 54.67% 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
- The Home Trust & Savings Bank Osage, IA · $288M
- Fairfax State Savings Bank Fairfax, IA · $287M
- United Community Bank Milford, IA · $290M
- State Savings Bank West Des Moines, IA · $292M
- Pioneer Bank Sergeant Bluff, IA · $283M
- Crawford County Trust and Savings Bank Denison, IA · $294M
Questions about First Whitney Bank and Trust
How big is First Whitney Bank and Trust?
First Whitney Bank and Trust, established in 1907, is headquartered in Atlantic, IA. It reported $288M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is First Whitney Bank and Trust's return on assets?
1.62% annualized in Q2 2026, against a 1.41% median for 116 IA banks with half to twice its assets, ahead of 66% of them.
What is First Whitney Bank and Trust's efficiency ratio?
42.59% in Q2 2026: it spent about 43 cents in noninterest expense for each dollar of revenue. The peer median is 54.67%, and lower is better.
Is First Whitney Bank and Trust growing its loans?
Net loans grew 5.2% over the year to Q2 2026, while deposits grew 0.5%.
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.