First State Bank (8500)


Overview / Commentary
712-364-3181
200 Moorehead Avenue
Ida Grove, IA 51445

First State Bank (8500) is headquartered in Ida Grove and is the 140th largest bank in the state of Iowa. It is also the 3,191st largest bank in the nation. It was established in 1933 and as of June of 2020, it had grown to 31 employees at 5 locations. First State Bank (8500) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #8500
Year Established1933
Employees31
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.01%
Return on Equity - YTD16.98%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$177.9MM$170.4MM
LoansQ2 2020vs Q2 2019$132.0MM$128.5MM
DepositsQ2 2020vs Q2 2019$156.3MM$139.7MM
Equity CapitalQ2 2020vs Q2 2019$21.1MM$19.3MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.1MM$1.5MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$29.00K$112.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates

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Locations


First State Bank (8500) Locations
Odebolt Branch100 South Main StreetOdebolt, IA 51458
First State Bank200 Moorehead AvenueIda Grove, IA 51445
Danbury Branch202-203 Main StreetDanbury, IA 51019
Battle Creek Branch202-204 Second StreetBattle Creek, IA 51006
Mapleton Branch414 Main StreetMapleton, IA 51034

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