Hiawatha Bank and Trust Company: how it compares with its peers
Against 104 IA banks with half to twice its assets, Hiawatha Bank and Trust Company's strongest measure in Q2 2026 is net interest margin (4.16% vs. a 3.61% peer median). Its weakest relative measure is assets per employee ($7.5M vs. $8.5M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.33% | 1.33% | Middle third Ahead of 50% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.16% | 3.61% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.29% | 57.34% | Middle third Ahead of 42% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.5M | $8.5M | Bottom third Ahead of 32% of peers |
| Loans to deposits Net loans and leases over total deposits. | 79.76% | 78.03% | Context |
What it means for lending operations
Its efficiency ratio of 58.29% is above the 57.34% 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
- Boone Bank & Trust Co. Boone, IA · $157M
- Federation Bank Washington, IA · $156M
- Audubon State Bank Audubon, IA · $155M
- Citizens Savings Bank Spillville, IA · $151M
- Farmers State Bank Algona, IA · $150M
- Readlyn Savings Bank Readlyn, IA · $148M
Questions about Hiawatha Bank and Trust Company
How big is Hiawatha Bank and Trust Company?
Hiawatha Bank and Trust Company, established in 1997, is headquartered in Hiawatha, IA. It reported $157M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Hiawatha Bank and Trust Company's return on assets?
1.33% annualized in Q2 2026, against a 1.33% median for 104 IA banks with half to twice its assets, ahead of 50% of them.
What is Hiawatha Bank and Trust Company's efficiency ratio?
58.29% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 57.34%, and lower is better.
Is Hiawatha Bank and Trust Company growing its loans?
Net loans grew 7.5% over the year to Q2 2026, while deposits grew 11.9%.
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.