First Trust and Savings Bank: how it compares with its peers
Against 116 IA banks with half to twice its assets, First Trust and Savings Bank's strongest measure in Q2 2026 is net interest margin (4.02% vs. a 3.57% peer median). Its weakest relative measure is assets per employee ($6.8M vs. $8.6M).
| Measure | First Trust and Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.53% | 1.36% | Middle third Ahead of 64% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.02% | 3.57% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 57.94% | 54.67% | Middle third Ahead of 41% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.8M | $8.6M | Bottom third Ahead of 20% of peers |
| Loans to deposits Net loans and leases over total deposits. | 100.77% | 81.62% | Context |
What it means for lending operations
Its efficiency ratio of 57.94% is above the 54.67% 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
- Pinnacle Bank Marshalltown, IA · $324M
- PCSB Bank Clarinda, IA · $326M
- Savings Bank Primghar, IA · $305M
- Community Bank and Trust Company Muscatine, IA · $303M
- Farmers Savings Bank Colesburg, IA · $299M
- Leighton State Bank Pella, IA · $298M
Questions about First Trust and Savings Bank
How big is First Trust and Savings Bank?
First Trust and Savings Bank, established in 1905, is headquartered in Wheatland, IA. It reported $321M in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is First Trust and Savings Bank's return on assets?
1.53% annualized in Q2 2026, against a 1.36% median for 116 IA banks with half to twice its assets, ahead of 64% of them.
What is First Trust and Savings Bank's efficiency ratio?
57.94% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 54.67%, and lower is better.
Is First Trust and Savings Bank growing its loans?
Net loans grew 10.3% over the year to Q2 2026, while deposits grew 14.8%.
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.