The State Bank (IA)

Overview / Commentary

www.statebankspiritlake.com

712-336-2455

1902 Hill Avenue
Spirit Lake, IA 51360

The State Bank (IA) is headquartered in Spirit Lake and is the 212^th largest bank in the state of Iowa. It is also the 4,295^th largest bank in the nation. It was established in 1928 and as of September of 2021, it had grown to 12 employees at 2 locations. The State Bank (IA) has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q3 2021

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. The State Bank (IA) has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	13715
Year Established	1928
Employees	12
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.34%
Return on Equity - YTD	2.8%
Annual Interest Income	$1.4MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$79.3MM$74.3MM
Loans	Q3 2021vs Q3 2020	$28.9MM$33.5MM
Deposits	Q3 2021vs Q3 2020	$69.7MM$64.6MM
Equity Capital	Q3 2021vs Q3 2020	$9.5MM$9.6MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$414.00K$384.00K
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$677.00K$693.00K
Real Estate Owned	Q3 2021vs Q3 2020	$0$136.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not The State Bank (IA); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The State Bank (IA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	-	-	IRA Savings
0.20%	-	-	Health Savings Account
0.15%^*	$100k^*	-	Navigator Account
OTHER TIERS: 0.05% → Up to $50k \| 0.10% → $50k - $100k
0.05%	-	-	Savings Account

The State Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$250k^*	-	Money Fund Account
OTHER TIERS: 0.05% → Up to $25k \| 0.10% → $25k - $100k \| 0.15% → $100k - $250k

The State Bank (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	-	-	Now Account

The State Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$1k	-	60 Month CD w/Semi Annual Interest
0.45%	$1k	-	36 Month CD w/Semi Annual Interest
0.40%	$1k	-	30 Month Power Saver CD
0.35%	$1k	-	24 Month CD w/Semi Annual Interest
0.30%	$1k	-	18 Month CD w/Semi Annual Interest
0.25%	$1k	-	12 Month CD w/Semi Annual Interest
0.20%	$1k	-	6 Month CD
0.20%	$1k	-	9 Month CD
0.15%	$1k	-	3 Month CD

Locations

The State Bank (IA) Locations
Terril Branch	101 North State Street	Terril, IA 51364
The State Bank	1902 Hill Avenue	Spirit Lake, IA 51360

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.