Union State Bank: how it compares with its peers
Against 105 IA banks with half to twice its assets, Union State Bank's strongest measure in Q2 2026 is net interest margin (3.84% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($7.0M vs. $8.5M).
| Measure | Union State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.41% | 1.33% | Middle third Ahead of 57% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.84% | 3.64% | Middle third Ahead of 66% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 52.62% | 57.45% | Middle third Ahead of 62% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.0M | $8.5M | Bottom third Ahead of 26% of peers |
| Loans to deposits Net loans and leases over total deposits. | 73.54% | 79.50% | Context |
What it means for lending operations
Its efficiency ratio of 52.62% is better than the 57.45% 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
- Templeton Savings Bank Templeton, IA · $170M
- Bank 1st West Union, IA · $166M
- Citizens Savings Bank Anamosa, IA · $166M
- Atkins Savings Bank & Trust Atkins, IA · $172M
- Boone Bank & Trust Co. Boone, IA · $157M
- Hiawatha Bank and Trust Company Hiawatha, IA · $157M
Questions about Union State Bank
How big is Union State Bank?
Union State Bank, established in 1890, is headquartered in Greenfield, IA. It reported $169M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Union State Bank's return on assets?
1.41% annualized in Q2 2026, against a 1.33% median for 105 IA banks with half to twice its assets, ahead of 57% of them.
What is Union State Bank's efficiency ratio?
52.62% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 57.45%, and lower is better.
Is Union State Bank growing its loans?
Net loans grew 11.2% over the year to Q2 2026, while deposits grew 4.0%.
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.