Logan State Bank: how it compares with its peers
Against 63 IA banks with half to twice its assets, Logan State Bank's strongest measure in Q2 2026 is net interest margin (4.09% vs. a 3.79% peer median). Its weakest relative measure is efficiency ratio (64.57% vs. 58.67%).
| Measure | Logan State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.35% | 1.27% | Middle third Ahead of 56% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.09% | 3.79% | Top third Ahead of 76% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.57% | 58.67% | Bottom third Ahead of 29% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.7M | $8.0M | Middle third Ahead of 43% of peers |
| Loans to deposits Net loans and leases over total deposits. | 92.85% | 73.54% | Context |
What it means for lending operations
Its efficiency ratio of 64.57% is above the 58.67% 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
- Sanborn Savings Bank Sanborn, IA · $93M
- Community Bank of Oelwein Oelwein, IA · $95M
- The State Bank Spirit Lake, IA · $88M
- The First National Bank of Manning Manning, IA · $88M
- First Security State Bank Evansdale, IA · $87M
- The Watkins Savings Bank Watkins, IA · $87M
Questions about Logan State Bank
How big is Logan State Bank?
Logan State Bank, established in 1888, is headquartered in Logan, IA. It reported $92M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Logan State Bank's return on assets?
1.35% annualized in Q2 2026, against a 1.27% median for 63 IA banks with half to twice its assets, ahead of 56% of them.
What is Logan State Bank's efficiency ratio?
64.57% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 58.67%, and lower is better.
Is Logan State Bank growing its loans?
Net loans grew 2.5% over the year to Q2 2026, while deposits grew 7.8%.
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.