White State Bank: how it compares with its peers
Against 80 IA banks with half to twice its assets, White State Bank's strongest measure in Q2 2026 is efficiency ratio (43.38% vs. a 57.69% peer median). Its weakest relative measure is net interest margin (3.54% vs. 3.78%).
| Measure | White State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.62% | 1.33% | Top third Ahead of 76% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.54% | 3.78% | Middle third Ahead of 41% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 43.38% | 57.69% | Top third Ahead of 84% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.9M | $8.1M | Top third Ahead of 76% of peers |
| Loans to deposits Net loans and leases over total deposits. | 38.81% | 75.32% | Context |
What it means for lending operations
Its efficiency ratio of 43.38% is better than the 57.69% 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
- FNNB Bank Newton, IA · $109M
- Maynard Savings Bank Maynard, IA · $108M
- Security State Bank Algona, IA · $110M
- Breda Savings Bank Breda, IA · $106M
- Sibley State Bank Sibley, IA · $104M
- First Community Bank Newell, IA · $116M
Questions about White State Bank
How big is White State Bank?
White State Bank, established in 1908, is headquartered in South English, IA. It reported $109M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is White State Bank's return on assets?
1.62% annualized in Q2 2026, against a 1.33% median for 80 IA banks with half to twice its assets, ahead of 76% of them.
What is White State Bank's efficiency ratio?
43.38% in Q2 2026: it spent about 43 cents in noninterest expense for each dollar of revenue. The peer median is 57.69%, and lower is better.
Is White State Bank growing its loans?
Net loans grew 3.1% over the year to Q2 2026, while deposits grew 10.5%.
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.