Kerndt Brothers Savings Bank: how it compares with its peers
Against 114 IA banks with half to twice its assets, Kerndt Brothers Savings Bank's strongest measure in Q2 2026 is return on assets (2.48% vs. a 1.39% peer median). Its weakest relative measure is assets per employee ($6.4M vs. $8.6M).
| Measure | Kerndt Brothers Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.48% | 1.39% | Top third Ahead of 96% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.55% | 3.58% | Middle third Ahead of 47% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 50.30% | 54.81% | Top third Ahead of 73% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.4M | $8.6M | Bottom third Ahead of 16% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.50% | 82.88% | Context |
What it means for lending operations
Its efficiency ratio of 50.30% is better than the 54.81% 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
- Community State Bank Spencer, IA · $346M
- Commercial Savings Bank Carroll, IA · $349M
- New Albin Savings Bank New Albin, IA · $351M
- Iowa State Bank and Trust Company of Fairfield, Iowa Fairfield, IA · $352M
- Glenwood State Bank Glenwood, IA · $353M
- Premier Bank Dubuque, IA · $358M
Questions about Kerndt Brothers Savings Bank
How big is Kerndt Brothers Savings Bank?
Kerndt Brothers Savings Bank, established in 1908, is headquartered in Lansing, IA. It reported $347M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Kerndt Brothers Savings Bank's return on assets?
2.48% annualized in Q2 2026, against a 1.39% median for 114 IA banks with half to twice its assets, ahead of 96% of them.
What is Kerndt Brothers Savings Bank's efficiency ratio?
50.30% in Q2 2026: it spent about 50 cents in noninterest expense for each dollar of revenue. The peer median is 54.81%, and lower is better.
Is Kerndt Brothers Savings Bank growing its loans?
Net loans shrank 10.3% over the year to Q2 2026, while deposits grew 5.3%.
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.