First State Bank (8522)


Overview / Commentary
641-843-4411
183 Main Avenue North
Britt, IA 50423

First State Bank (8522) is headquartered in BRITT and is the 185th largest bank in the state of Iowa. It is also the 3,612th largest bank in the nation. It was established in 1927 and as of March of 2025, it had grown to 11 employees at 2 locations. First State Bank (8522) has a B+ health rating.

Reviews

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Health
B+

Health Grade Components

Overall
FDIC Certificate #8522
Year Established1927
Employees11
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.44%
Return on Equity - YTD9.82%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$124.2MM$126.5MM
LoansQ1 2025vs Q1 2024$65.1MM$68.4MM
DepositsQ1 2025vs Q1 2024$102.6MM$105.6MM
Equity CapitalQ1 2025vs Q1 2024$18.4MM$16.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$844K$844K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.3MM$0
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for First State Bank (8522) are currently being reviewed.

Locations


First State Bank (8522) Locations
Woden Branch124 Main StreetWoden, IA 50484
First State Bank183 Main Ave NBritt, IA 50423

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