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Overview / Commentary
100 E High St.
Toledo, IA 52342

State Bank of Toledo is headquartered in Toledo and is the 197th largest bank in the state of Iowa. It is also the 4,721st largest bank in the nation. It was established in 1927 and as of December of 2013, it had grown to 21 employees at 2 locations. State Bank of Toledo has a B+ health rating.

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Reviews (3)

Must Appear In Person

I called thsi morning, 12APR12. I spoke to Donna, who informed that they do not open accounts on-line, by mail or over the phone. You have to personally appear at the branch to open an account.

Opening Accounts Online

Interesting to see a comment from the 04-12-12 because we just used checking finder and found this bank. SBOT is sending us the paperwork to open an account. So while the process is not all done "online" you definitely don't need to do this in person.

Ira Cash Deposit

Called about moving IRA cash to this bank. Was advised that bank does not accept IRA cash from residents who live too far from the bank. No info on defined area, but I'm from NJ and received a "no thank you" when I called.


Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 State Bank of Toledo had $1.28 million in non-current loans and owned real-estate with $9.64 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Toledo a Texas Ratio of 13.33% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for State Bank of Toledo experienced no significant changes from 11.61% as of December 31, 2012 to 13.33% as of December 31, 2013, resulting in a negative change of 14.81%. This indicates that the balance sheet and financial strength for State Bank of Toledo has had no significant changes in recent periods.

Deposit Growth


In the past year, State Bank of Toledo has increased its total deposits by $1.63 million, resulting in 1.79% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth State Bank of Toledo has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. State Bank of Toledo has $101.37 million in assets with $9.64 million in equity, resulting in a capitalization level of 9.51%, which is above average.

Institution Statistics

FDIC Certificate #4514
Year Established1927
Primary RegulatorFDIC
Assets and Liabilities
Assets$101.37 million
Loans$77.92 million
Deposits$92.45 million
Equity Capital$8.69 million
Loan Loss Allowance$949,000
Unbacked Noncurrent Loans$1.16 million
Real Estate Owned$125,000
Historic Data - December 2012
Assets$100.60 million
Equity Capital$8.47 million
Loan Loss Allowance$855,000
Unbacked Noncurrent Loans$1.16 million
Real Estate Owned$146,000
Profit Margin - Quarterly
Net Interest Margin4.01%
Return on Assets1.21%
Return on Equity14.39%
Interest Income$4.27 million
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State Bank of Toledo Checking Account Rates

1.00%-$25kHometown Reward Checking
0.15%--Hometown Reward Checking

State Bank of Toledo Locations
The State Bank Of Toledo100 East HighToledo, IA 52342
South Branch1003 S County RdToledo, IA 52342