Efficiency Ratio Over Time
Efficiency Ratio Valley State Bank All Insured Commercial Banks in Iowa
12-31-2006 54.892 62.678
09-30-2006 55.214 61.508
06-30-2006 55.723 61.549
03-31-2006 55.323 62.083
12-31-2005 54.591 61.109
09-30-2005 54.933 59.958
06-30-2005 54.876 59.974
03-31-2005 55.83 60.352
12-31-2004 64.288 60.659
09-30-2004 62.355 59.313
06-30-2004 65.921 59.954
03-31-2004 67.347 60.454
12-31-2003 62.75 60.721
09-30-2003 62.001 59.436
06-30-2003 60.849 59.565
03-31-2003 59.636 60.143
12-31-2002 63.614 59.278