The Farmers State Bank: how it compares with its peers
Against 57 IA banks with half to twice its assets, The Farmers State Bank's strongest measure in Q2 2026 is return on assets (1.87% vs. a 1.19% peer median). Its weakest relative measure is net interest margin (3.52% vs. 3.83%).
| Measure | The Farmers State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.87% | 1.19% | Top third Ahead of 91% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.52% | 3.83% | Middle third Ahead of 35% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 51.00% | 60.15% | Top third Ahead of 75% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.6M | $8.0M | Top third Ahead of 70% of peers |
| Loans to deposits Net loans and leases over total deposits. | 63.78% | 72.08% | Context |
What it means for lending operations
Its efficiency ratio of 51.00% is better than the 60.15% 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
- Citizens Savings Bank Marshalltown, IA · $78M
- Sloan State Bank Sloan, IA · $79M
- State Bank Spencer, IA · $75M
- Farmers State Bank Yale, IA · $73M
- First State Bank Nashua, IA · $72M
- First Heritage Bank Shenandoah, IA · $72M
Questions about The Farmers State Bank
How big is The Farmers State Bank?
The Farmers State Bank, established in 1928, is headquartered in Marcus, IA. It reported $77M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The Farmers State Bank's return on assets?
1.87% annualized in Q2 2026, against a 1.19% median for 57 IA banks with half to twice its assets, ahead of 91% of them.
What is The Farmers State Bank's efficiency ratio?
51.00% in Q2 2026: it spent about 51 cents in noninterest expense for each dollar of revenue. The peer median is 60.15%, and lower is better.
Is The Farmers State Bank growing its loans?
Net loans shrank 0.7% over the year to Q2 2026, while deposits grew 2.8%.
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.