West Iowa Bank: how it compares with its peers
Against 114 IA banks with half to twice its assets, West Iowa Bank's strongest measure in Q2 2026 is assets per employee ($9.7M vs. a $8.5M peer median). Its weakest relative measure is return on assets (1.25% vs. 1.41%).
| Measure | West Iowa Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.25% | 1.41% | Middle third Ahead of 39% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.48% | 3.64% | Middle third Ahead of 40% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 54.69% | 55.03% | Middle third Ahead of 51% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.7M | $8.5M | Top third Ahead of 68% of peers |
| Loans to deposits Net loans and leases over total deposits. | 70.83% | 79.60% | Context |
What it means for lending operations
Its efficiency ratio of 54.69% is better than the 55.03% 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
- Farmers State Bank Northwood, IA · $221M
- WCF Financial Bank Webster City, IA · $224M
- Blue Grass Savings Bank Blue Grass, IA · $225M
- BANK Wapello, IA · $217M
- Charter Bank Johnston, IA · $228M
- United Bank and Trust Company Hampton, IA · $228M
Questions about West Iowa Bank
How big is West Iowa Bank?
West Iowa Bank, established in 1926, is headquartered in West Bend, IA. It reported $222M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is West Iowa Bank's return on assets?
1.25% annualized in Q2 2026, against a 1.41% median for 114 IA banks with half to twice its assets, ahead of 39% of them.
What is West Iowa Bank's efficiency ratio?
54.69% in Q2 2026: it spent about 55 cents in noninterest expense for each dollar of revenue. The peer median is 55.03%, and lower is better.
Is West Iowa Bank growing its loans?
Net loans grew 44.6% over the year to Q2 2026, while deposits grew 38.2%.
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.