State Savings Bank

State Savings Bank is headquartered in West Des Moines and is the 208^th largest bank in the state of Iowa. It is also the 5,150^th largest bank in the nation. It was established in 1894 and as of March of 2012, it had grown to 21 employees at 2 locations. State Savings Bank has a 4-star health rating.

State Savings Bank Checking Account Rates

State Savings Bank Savings Account Rates

State Savings Bank CD Rates

Data for Q1 2012

Institution Statistics State Savings Bank FDIC Certificate # 248 BankRate Report View Year Established 1894 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $92.51 million Loans $72.82 million Deposits $76.31 million Equity Capital $9.52 million Loan Loss Allowance $1.43 million Unbacked Noncurrent Loans $401,000 Real Estate Owned $571,000 Historic Data - March 2011 Assets $86.21 million Equity Capital $9.10 million Loan Loss Allowance $1.39 million Unbacked Noncurrent Loans $66,000 Real Estate Owned $419,000 Profit Margin - Quarterly Net Interest Margin 3.95% Return on Assets 1.69% Return on Equity 16.67% Interest Income $1.10 million

Institution Health Overall Score: 4 out of 5 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 March 31, 2012 State Savings Bank had $972,000 in non-current loans and owned real-estate with $10.95 million in equity and loan loss allowances on hand to cover it. This gives State Savings Bank a Texas Ratio of 8.88% 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 Savings Bank held steady from 4.62% as of March 31, 2011 to 8.88% as of March 31, 2012, resulting in a negative change of 92.06%. This indicates that the balance sheet and financial strength for State Savings Bank has held steady in recent periods. Deposit Growth In the past year, State Savings Bank has increased its total deposits by $5.5 million, resulting in 7.76% 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 Savings Bank has shown is excellent. Capitalization 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 Savings Bank has $92.51 million in assets with $10.95 million in equity, resulting in a capitalization level of 11.83%, which is above average.

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