State Savings Bank is headquartered in WEST DES MOINES and is the 125th largest bank in the state of Iowa. It is also the 2,775th largest bank in the nation. It was established in 1894 and as of March of 2025, it had grown to 31 employees at 2 locations. State Savings Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 248 |
Year Established | 1894 |
Employees | 31 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.21% |
Return on Equity - YTD | 13.43% |
Annual Interest Income | $3.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $246MM$228.8MM |
Loans | Q1 2025vs Q1 2024 | $220.3MM$200.7MM |
Deposits | Q1 2025vs Q1 2024 | $185.2MM$169.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $22.7MM$22.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $4.2MM$2.9MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $244K$3.2MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $163K$0 |
Rates for State Savings Bank are currently being reviewed.
State Savings Bank Locations | ||
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Baxter Branch | 201-207 Main Street | Baxter, IA 50028 |
State Savings Bank | 4800 George Mills Civic Pkwy | West Des Moines, IA 50265 |
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