PackageTrendsPeer
Letter portraitLegal landscape

United Bank & Trust Co.

Marshalltown, IA · Cert 57391 · Peer group: banks under $1B in assets in IA (n=134-135) · Ames National Corp.

State charter, non-member · FDIC · 5 affiliate banks · 2 branches (19 in holding)

Q2 2026

$120.1MAssets
$68.9MLoans
$106.7MDeposits
$11.9MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in IA (rank 45 of 134).
  • Widest gap: nonperforming loans / loans trails 81% of banks under $1B in assets in IA (rank 109 of 134).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.25%

Rank 62 of 135

Net Interest Margin

3.44%

Rank 64 of 135

Efficiency Ratio

63.29%

Rank 102 of 135

Equity / Assets

9.94%

Rank 97 of 135

Non-interest income vs. expense

$1.0M$3.3MINCOMEEXPENSE
Unfavorable gap of $2.3M · efficiency ratio beats 25% of banks under $1B in assets in IA
Bank 63.29%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.25%0.92%1.19%1.47%Beats 54%62 / 135
Return on Equity12.60%7.99%10.26%13.14%Beats 69%42 / 135
Net Interest Margin3.44%2.95%3.41%3.73%Beats 53%64 / 135
Efficiency Ratio63.29%50.61%57.35%63.29%Beats 25%102 / 135
Asset Quality
Nonperforming Loans / Loans1.57%0.03%0.51%1.26%Beats 19%109 / 134
Net Charge-Offs / Loans0.00%n/a0.01%0.03%Beats 100%45 / 134
Capital
Tier 1 Capital Ratio16.47%11.23%13.31%15.45%Beats 81%25 / 135
Total Risk-Based Capital Ratio17.70%11.61%14.06%16.47%Beats 83%23 / 135
Equity / Assets9.94%9.87%11.05%13.07%Beats 28%97 / 135
Liquidity & Funding
Loans / Deposits64.56%68.54%81.55%91.24%18th pctl110 / 134
Loans / Assets57.35%57.61%68.06%76.23%23rd pctl104 / 135
Brokered Deposits / Depositsn/aNot reported for this institution