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Banks · Iowa

First State Bank

Webster City, IA · FDIC Certificate #15321 · Chartered 10/1

Total assets
$674.29M
Total deposits
$572.19M
Total equity
$78.89M
Net loans
$494.90M
Branches (offices)
8
Net income (YTD)
$4.45M
Rank: #1,410 of 4,213 U.S. banks by assets · #40 of 225 in Iowa. Assets changed 10.8% and deposits 11.7% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.38%
Return on equity11.42%
Net interest margin (YTD)3.23%
Equity to assets11.70%
Tier 1 leverage ratio12.40%
Uninsured deposits (share of deposits)22.4%
Noncurrent loans (share of loans)0.12%
Net charge-offs (share of loans)0.00%
Loans to deposits86.5%
Real estate loans (share of loans)65.6%

Loan mix

CategoryAmountShare
Real estate loans$324.61M
65.6%
Commercial & industrial$44.07M
8.9%
Consumer / individual$2.00M
0.4%
Construction & development$19.27M
3.9%
Agricultural$129.37M
26.1%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$565.35M$491.27M$3.04M$59.11M
Jun 2023$567.35M$477.29M$2.49M$63.35M
Jun 2024$575.27M$481.73M$2.25M$67.18M
Jun 2025$608.58M$512.03M$2.92M$71.99M
Jun 2026$674.29M$572.19M$4.45M$78.89M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Iowa$572.19M8

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $572.19M.

Similar-sized banks

Ps Bank ($674.54M) · New Tripoli Bank ($673.98M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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