City State Bank


Overview / Commentary
515-981-4234
801 Main Street
Norwalk, IA 50211

City State Bank is headquartered in NORWALK and is the 32nd largest bank in the state of Iowa. It is also the 1,284th largest bank in the nation. It was established in 1895 and as of March of 2025, it had grown to 94 employees at 9 locations. City State Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #14410
Year Established1895
Employees94
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.37%
Return on Equity - YTD16.12%
Annual Interest Income$9.4MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$774MM$733.6MM
LoansQ1 2025vs Q1 2024$551MM$531.3MM
DepositsQ1 2025vs Q1 2024$689.9MM$655.2MM
Equity CapitalQ1 2025vs Q1 2024$66.1MM$59.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$6.2MM$5.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$765K$74K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


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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