First State Bank
Britt, IA · Cert 8522 · Peer group: banks under $1B in assets in IA (n=134-135) · Readlyn Bancshares Inc.
State charter, non-member · FDIC · 2 affiliate banks · 2 branches (5 in holding)
Q2 2026
$125.9MAssets
$56.9MLoans
$102.8MDeposits
$20.9MEquity
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in IA (rank 21 of 134).
- Widest gap: net interest margin trails 79% of banks under $1B in assets in IA (rank 106 of 135).
- Overall: at or above the peer median on 7 of 9 directional measures.
Return on Assets
1.46%
Rank 37 of 135
Net Interest Margin
2.87%
Rank 106 of 135
Efficiency Ratio
37.56%
Rank 7 of 135
Equity / Assets
16.57%
Rank 12 of 135
Non-interest income vs. expense
Unfavorable gap of $1.2M · efficiency ratio beats 96% of banks under $1B in assets in IA | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.46% | 0.92% | 1.19% | 1.47% | Beats 73% | 37 / 135 | |
| Return on Equity | 8.79% | 7.99% | 10.26% | 13.14% | Beats 35% | 88 / 135 | |
| Net Interest Margin | 2.87% | 2.95% | 3.41% | 3.73% | Beats 21% | 106 / 135 | |
| Efficiency Ratio | 37.56% | 50.61% | 57.35% | 63.29% | Beats 96% | 7 / 135 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.00% | 0.03% | 0.51% | 1.26% | Beats 100% | 21 / 134 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.01% | 0.03% | Beats 100% | 45 / 134 | |
| Capital |
| Tier 1 Capital Ratio | 17.71% | 11.23% | 13.31% | 15.45% | Beats 85% | 20 / 135 | |
| Total Risk-Based Capital Ratio | 17.71% | 11.61% | 14.06% | 16.47% | Beats 84% | 22 / 135 | |
| Equity / Assets | 16.57% | 9.87% | 11.05% | 13.07% | Beats 91% | 12 / 135 | |
| Liquidity & Funding |
| Loans / Deposits | 55.32% | 68.54% | 81.55% | 91.24% | 12th pctl | 118 / 134 | |
| Loans / Assets | 45.15% | 57.61% | 68.06% | 76.23% | 10th pctl | 121 / 135 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |