State Savings Bank is headquartered in WEST DES MOINES and is the 142nd largest bank in the state of Iowa. It is also the 3,093rd largest bank in the nation. It was established in 1894 and as of March of 2023, it had grown to 32 employees at 2 locations. State Savings Bank has an A health rating.
Overall | |
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FDIC Certificate # | 248 |
Year Established | 1894 |
Employees | 32 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.91% |
Return on Equity - YTD | 8.65% |
Annual Interest Income | $2.3MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $193.9MM$193.6MM |
Loans | Q1 2023vs Q1 2022 | $167.5MM$144.4MM |
Deposits | Q1 2023vs Q1 2022 | $145.0MM$151.6MM |
Equity Capital | Q1 2023vs Q1 2022 | $20.8MM$20.0MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $2.5MM$2.2MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $140.00K$472.00K |
Real Estate Owned | Q1 2023vs Q1 2022 | $335.00K$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 |