Reliance State Bank: how it compares with its peers
Against 117 IA banks with half to twice its assets, Reliance State Bank's strongest measure in Q2 2026 is assets per employee ($8.9M vs. a $8.6M peer median). Its weakest relative measure is return on assets (0.82% vs. 1.42%).
| Measure | Reliance State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.82% | 1.42% | Bottom third Ahead of 12% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.99% | 3.63% | Bottom third Ahead of 15% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.29% | 54.56% | Bottom third Ahead of 33% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.9M | $8.6M | Middle third Ahead of 56% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.41% | 80.89% | Context |
What it means for lending operations
Its efficiency ratio of 59.29% is above the 54.56% 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
- Iowa State Savings Bank Creston, IA · $277M
- Success Bank Bloomfield, IA · $277M
- DeWitt Bank & Trust Co. Dewitt, IA · $277M
- FNB Bank Fontanelle, IA · $275M
- Guthrie County State Bank Panora, IA · $279M
- Farmers and Merchants State Bank Winterset, IA · $272M
Questions about Reliance State Bank
How big is Reliance State Bank?
Reliance State Bank, established in 1928, is headquartered in Story City, IA. It reported $277M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Reliance State Bank's return on assets?
0.82% annualized in Q2 2026, against a 1.42% median for 117 IA banks with half to twice its assets, ahead of 12% of them.
What is Reliance State Bank's efficiency ratio?
59.29% in Q2 2026: it spent about 59 cents in noninterest expense for each dollar of revenue. The peer median is 54.56%, and lower is better.
Is Reliance State Bank growing its loans?
Net loans shrank 5.2% over the year to Q2 2026, while deposits shrank 2.9%.
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.