State Savings Bank


Overview / Commentary
515-457-9533
4800 George Mills Civic Parkway, Suite 100
West Des Moines, IA 50265

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.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #248
Year Established1894
Employees31
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.21%
Return on Equity - YTD13.43%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$246MM$228.8MM
LoansQ1 2025vs Q1 2024$220.3MM$200.7MM
DepositsQ1 2025vs Q1 2024$185.2MM$169.2MM
Equity CapitalQ1 2025vs Q1 2024$22.7MM$22.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$4.2MM$2.9MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$244K$3.2MM
Real Estate OwnedQ1 2025vs Q1 2024$163K$0
Rates

Rates for State Savings Bank are currently being reviewed.

Locations


State Savings Bank Locations
Baxter Branch201-207 Main StreetBaxter, IA 50028
State Savings Bank4800 George Mills Civic PkwyWest Des Moines, IA 50265

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