South Ottumwa Savings Bank: how it compares with its peers
Against 83 IA banks with half to twice its assets, South Ottumwa Savings Bank's strongest measure in Q2 2026 is return on assets (1.40% vs. a 1.44% peer median). Its weakest relative measure is net interest margin (3.36% vs. 3.63%).
| Measure | South Ottumwa Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.40% | 1.44% | Middle third Ahead of 46% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.36% | 3.63% | Bottom third Ahead of 33% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.15% | 55.02% | Middle third Ahead of 37% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.1M | $8.3M | Middle third Ahead of 45% of peers |
| Loans to deposits Net loans and leases over total deposits. | 67.72% | 84.58% | Context |
What it means for lending operations
Its efficiency ratio of 58.15% is above the 55.02% 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
- Central State Bank State Center, IA · $558M
- Connection Bank Fort Madison, IA · $541M
- First Security Bank and Trust Company Charles City, IA · $538M
- Citizens State Bank Monticello, IA · $594M
- American Bank, National Association Le Mars, IA · $533M
- Washington State Bank Washington, IA · $601M
Questions about South Ottumwa Savings Bank
How big is South Ottumwa Savings Bank?
South Ottumwa Savings Bank, established in 1903, is headquartered in Ottumwa, IA. It reported $565M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is South Ottumwa Savings Bank's return on assets?
1.40% annualized in Q2 2026, against a 1.44% median for 83 IA banks with half to twice its assets, ahead of 46% of them.
What is South Ottumwa Savings Bank's efficiency ratio?
58.15% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 55.02%, and lower is better.
Is South Ottumwa Savings Bank growing its loans?
Net loans grew 0.0% over the year to Q2 2026, while deposits grew 7.5%.
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.