City State Bank

Overview / Commentary
801 Main Street
Norwalk, IA 50211

City State Bank is headquartered in NORWALK and is the 34th largest bank in the state of Iowa. It is also the 1,328th largest bank in the nation. It was established in 1895 and as of June of 2023, it had grown to 92 employees at 9 locations. City State Bank has an A health rating.


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Health Grade Components

FDIC Certificate #14410
Year Established1895
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD12.46%
Annual Interest Income$14.6MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$695.0MM$650.5MM
LoansQ2 2023vs Q2 2022$505.4MM$424.3MM
DepositsQ2 2023vs Q2 2022$630.8MM$587.8MM
Equity CapitalQ2 2023vs Q2 2022$52.5MM$50.8MM
Loan Loss AllowanceQ2 2023vs Q2 2022$5.1MM$4.2MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$112.00K$86.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$109.00K

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City State Bank Locations
Grimes Branch100 North JacobGrimes, IA 50111
Madrid Branch105 East 2ndMadrid, IA 50156
City State Bank - Indianola Branch1510 N 1st StIndianola, IA 50125
City State Bank - Martensdale Office368 N Highway 28Martensdale, IA 50160
New Virginia Branch501 West StreetNew Virginia, IA 50210
City State Bank801 Main StNorwalk, IA 50211
Mount Ayr Branch103 W South StMount Ayr, IA 50854
1225 Colonial1225 Colonial ParkwayNorwalk, IA 50211

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