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Banks · Iowa

First State Bank

Britt, IA · FDIC Certificate #8522 · Chartered 11/1

Total assets
$125.92M
Total deposits
$102.78M
Total equity
$20.86M
Net loans
$56.15M
Branches (offices)
2
Net income (YTD)
$917.00K
Rank: #3,484 of 4,213 U.S. banks by assets · #180 of 225 in Iowa. Assets changed -1.2% and deposits -2.5% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.44%
Return on equity8.97%
Net interest margin (YTD)2.96%
Equity to assets16.57%
Tier 1 leverage ratio17.71%
Uninsured deposits (share of deposits)32.1%
Noncurrent loans (share of loans)0.00%
Net charge-offs (share of loans)0.00%
Loans to deposits54.6%
Real estate loans (share of loans)67.4%

Loan mix

CategoryAmountShare
Real estate loans$37.84M
67.4%
Commercial & industrial$5.48M
9.8%
Consumer / individual$952.00K
1.7%
Construction & development$2.08M
3.7%
Agricultural$11.67M
20.8%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$132.52M$112.95M$735.00K$14.42M
Jun 2023$122.63M$105.17M$946.00K$15.11M
Jun 2024$128.39M$108.42M$1.02M$17.11M
Jun 2025$127.44M$105.47M$411.00K$18.84M
Jun 2026$125.92M$102.78M$917.00K$20.86M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Iowa$102.78M2

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $102.78M.

Similar-sized banks

Flora Bank & Trust ($125.99M) · Bison State Bank ($125.85M)

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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