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  2. Central State Bank (10903)

Central State Bank (10903)


Overview / Commentary
www.centralstatebankia.com
641-483-2505
109 West Main Street
State Center, IA 50247

Central State Bank (10903) is headquartered in State Center and is the 73rd largest bank in the state of Iowa. It is also the 2,020th largest bank in the nation. It was established in 1902 and as of June of 2022, it had grown to 32 employees at 3 locations. Central State Bank (10903) has an A+ health rating.

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Health
A+

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #10903
Year Established1902
Employees32
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.99%
Return on Equity - YTD18.2%
Annual Interest Income$7.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$409.0MM$368.5MM
LoansQ2 2022vs Q2 2021$303.9MM$262.6MM
DepositsQ2 2022vs Q2 2021$341.2MM$295.9MM
Equity CapitalQ2 2022vs Q2 2021$39.4MM$47.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$3.6MM$2.9MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$0$5.0MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

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Locations


Central State Bank (10903) Locations
Central State Bank109 Main St WState Center, IA 50247
Ames Branch2709 Northridge ParkwayAmes, IA 50010
West Des Moines Branch140 S 68th StWest Des Moines, IA 50266

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