Reliance State Bank


Overview / Commentary
515-733-4396
606 Broad Street
Story City, IA 50248

Reliance State Bank is headquartered in STORY CITY and is the 97th largest bank in the state of Iowa. It is also the 2,486th largest bank in the nation. It was established in 1928 and as of September of 2024, it had grown to 32 employees at 2 locations. Reliance State Bank has a B+ health rating.

Reviews

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Health
B+

Health Grade Components

Overall
FDIC Certificate #9299
Year Established1928
Employees32
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD7.02%
Annual Interest Income$9.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$302.3MM$301.9MM
LoansQ3 2024vs Q3 2023$199.7MM$186.7MM
DepositsQ3 2024vs Q3 2023$233.9MM$236.9MM
Equity CapitalQ3 2024vs Q3 2023$25.9MM$21.1MM
Loan Loss AllowanceQ3 2024vs Q3 2023$2.8MM$2.4MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$1.7MM$1.8MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

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Locations


Reliance State Bank Locations
Garner Branch175 E 3rd StGarner, IA 50438
Reliance State Bank606 Broad StStory City, IA 50248

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