United Bank & Trust Co.: how it compares with its peers
Against 84 IA banks with half to twice its assets, United Bank & Trust Co.'s strongest measure in Q2 2026 is net interest margin (3.57% vs. a 3.67% peer median). Its weakest relative measure is assets per employee ($7.5M vs. $8.2M).
| Measure | United Bank & Trust Co. | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.24% | 1.32% | Middle third Ahead of 40% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.57% | 3.67% | Middle third Ahead of 46% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.04% | 57.38% | Middle third Ahead of 42% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.5M | $8.2M | Middle third Ahead of 38% of peers |
| Loans to deposits Net loans and leases over total deposits. | 63.72% | 75.32% | Context |
What it means for lending operations
Its efficiency ratio of 59.04% is above the 57.38% 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
- Security State Bank Radcliffe, IA · $119M
- Twin Cedars Bank Bussey, IA · $118M
- Solon State Bank Solon, IA · $122M
- Farmers and Merchants Savings Bank Iowa City, IA · $122M
- Pocahontas State Bank Pocahontas, IA · $123M
- First Community Bank Newell, IA · $116M
Questions about United Bank & Trust Co.
How big is United Bank & Trust Co.?
United Bank & Trust Co., established in 2002, is headquartered in Marshalltown, IA. It reported $120M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is United Bank & Trust Co.'s return on assets?
1.24% annualized in Q2 2026, against a 1.32% median for 84 IA banks with half to twice its assets, ahead of 40% of them.
What is United Bank & Trust Co.'s efficiency ratio?
59.04% in Q2 2026: it spent about 59 cents in noninterest expense for each dollar of revenue. The peer median is 57.38%, and lower is better.
Is United Bank & Trust Co. growing its loans?
Net loans shrank 5.9% over the year to Q2 2026, while deposits shrank 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.