Union State Bank

Winterset, IA · Cert 14982 · Peer group: banks under $1B in assets in the Des Moines-West Des Moines, IA area (n=18-19) · Madison Holding Co.

State charter, non-member · FDIC · 3 branches

Q2 2026

$136.5MAssets

$86.5MLoans

$125.3MDeposits

$10.3MEquity

Executive Summary

Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 6 of 18).
Widest gap: equity / assets trails 95% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 18 of 19).
Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

0.96%

Rank 17 of 19

Net Interest Margin

3.55%

Rank 8 of 19

Efficiency Ratio

70.52%

Rank 19 of 19

Equity / Assets

7.55%

Rank 18 of 19

Unfavorable gap of $3.3M · efficiency ratio beats 5% of banks under $1B in assets in the Des Moines-West Des Moines, IA area

Metric	Your Bank	Peer 25th	Peer Median	Peer 75th	Standing	Rank
Earnings
Return on Assets	0.96%	1.05%	1.15%	1.42%	Beats 11%	17 / 19
Return on Equity	12.68%	10.97%	12.15%	13.79%	Beats 53%	9 / 19
Net Interest Margin	3.55%	3.08%	3.50%	3.67%	Beats 58%	8 / 19
Efficiency Ratio	70.52%	52.38%	57.82%	63.73%	Beats 5%	19 / 19
Asset Quality
Nonperforming Loans / Loans	0.00%	n/a	0.21%	0.91%	Beats 100%	6 / 18
Net Charge-Offs / Loans	0.00%	0.00%	0.01%	0.01%	Beats 61%	8 / 18
Capital
Tier 1 Capital Ratio	13.06%	10.79%	12.38%	16.13%	Beats 53%	9 / 19
Total Risk-Based Capital Ratio	13.67%	11.60%	13.40%	17.04%	Beats 53%	9 / 19
Equity / Assets	7.55%	8.64%	9.66%	11.07%	Beats 5%	18 / 19
Liquidity & Funding
Loans / Deposits	69.00%	65.91%	76.09%	88.00%	32nd pctl	13 / 19
Loans / Assets	63.36%	57.37%	63.36%	76.16%	47th pctl	10 / 19
Brokered Deposits / Deposits	n/a	Not reported for this institution