Elgin State Bank
Elgin, IA · Cert 10489 · Peer group: banks under $1B in assets in IA (n=139-140)
FDIC · 2 branches
Q4 2024
$29.5MAssets
$19.2MLoans
$28.6MDeposits
$838KEquity
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in IA (rank 28 of 139).
- Widest gap: equity / assets trails 100% of banks under $1B in assets in IA (rank 140 of 140).
- Overall: at or above the peer median on 1 of 9 directional measures.
Return on Assets
-0.48%
Rank 137 of 140
Net Interest Margin
2.46%
Rank 105 of 140
Efficiency Ratio
117.88%
Rank 138 of 140
Equity / Assets
2.84%
Rank 140 of 140
Non-interest income vs. expense
Unfavorable gap of $865K · efficiency ratio beats 2% of banks under $1B in assets in IA | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | -0.48% | 0.55% | 0.83% | 1.06% | Beats 2% | 137 / 140 | | |
| Return on Equity | -17.06% | 5.43% | 8.15% | 10.58% | Beats 0% | 140 / 140 | | |
| Net Interest Margin | 2.46% | 2.46% | 2.83% | 3.23% | Beats 25% | 105 / 140 | | |
| Efficiency Ratio | 117.88% | 56.60% | 66.03% | 75.05% | Beats 2% | 138 / 140 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.00% | 0.01% | 0.22% | 0.77% | Beats 100% | 28 / 139 | | |
| Net Charge-Offs / Loans | 0.13% | 0.00% | 0.02% | 0.11% | Beats 19% | 113 / 139 | | |
| Capital |
| Tier 1 Capital Ratio | 10.53% | 11.02% | 13.00% | 14.97% | Beats 16% | 118 / 140 | | |
| Total Risk-Based Capital Ratio | 11.37% | 11.53% | 13.59% | 15.50% | Beats 21% | 110 / 140 | | |
| Equity / Assets | 2.84% | 8.42% | 9.90% | 11.95% | Beats 0% | 140 / 140 | | |
| Liquidity & Funding |
| Loans / Deposits | 67.23% | 67.33% | 81.12% | 89.96% | 24th pctl | 106 / 139 | | |
| Loans / Assets | 65.04% | 57.35% | 68.52% | 74.70% | 43rd pctl | 79 / 139 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |