Glenwood State Bank: how it compares with its peers
Against 114 IA banks with half to twice its assets, Glenwood State Bank's strongest measure in Q2 2026 is return on assets (2.69% vs. a 1.39% peer median). Its weakest relative measure is assets per employee ($9.3M vs. $8.6M).
| Measure | Glenwood State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.69% | 1.39% | Top third Ahead of 99% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.00% | 3.57% | Top third Ahead of 79% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 30.96% | 54.81% | Top third Ahead of 99% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.3M | $8.6M | Middle third Ahead of 61% of peers |
| Loans to deposits Net loans and leases over total deposits. | 53.40% | 82.88% | Context |
What it means for lending operations
Its efficiency ratio of 30.96% 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
- Iowa State Bank and Trust Company of Fairfield, Iowa Fairfield, IA · $352M
- New Albin Savings Bank New Albin, IA · $351M
- Commercial Savings Bank Carroll, IA · $349M
- Premier Bank Dubuque, IA · $358M
- Kerndt Brothers Savings Bank Lansing, IA · $347M
- Community State Bank Spencer, IA · $346M
Questions about Glenwood State Bank
How big is Glenwood State Bank?
Glenwood State Bank, established in 1899, is headquartered in Glenwood, IA. It reported $353M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Glenwood State Bank's return on assets?
2.69% annualized in Q2 2026, against a 1.39% median for 114 IA banks with half to twice its assets, ahead of 99% of them.
What is Glenwood State Bank's efficiency ratio?
30.96% in Q2 2026: it spent about 31 cents in noninterest expense for each dollar of revenue. The peer median is 54.81%, and lower is better.
Is Glenwood State Bank growing its loans?
Net loans grew 13.2% over the year to Q2 2026, while deposits grew 10.9%.
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.