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State Savings Bank
West Des Moines, IA · FDIC Certificate #248 · Chartered 07/0
Total assets
$291.89M
Total deposits
$222.10M
Total equity
$25.21M
Net loans
$231.83M
Branches (offices)
2
Net income (YTD)
$1.88M
Rank: #2,513 of 4,213 U.S. banks by assets · #104 of 225 in Iowa. Assets changed 12.6% and deposits 17.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.26% |
| Return on equity | 15.24% |
| Net interest margin (YTD) | 3.64% |
| Equity to assets | 8.64% |
| Tier 1 leverage ratio | 8.67% |
| Uninsured deposits (share of deposits) | 19.0% |
| Noncurrent loans (share of loans) | 1.02% |
| Net charge-offs (share of loans) | 0.52% |
| Loans to deposits | 104.4% |
| Real estate loans (share of loans) | 79.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $183.66M | 79.2% | |
| Commercial & industrial | $33.99M | 14.7% | |
| Consumer / individual | $1.27M | 0.5% | |
| Construction & development | $31.85M | 13.7% | |
| Agricultural | $14.87M | 6.4% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $196.78M | $155.25M | $1.04M | $20.08M |
| Jun 2023 | $210.33M | $154.78M | $982.00K | $20.77M |
| Jun 2024 | $226.57M | $165.45M | $1.18M | $22.18M |
| Jun 2025 | $259.31M | $188.71M | $1.65M | $23.24M |
| Jun 2026 | $291.89M | $222.10M | $1.88M | $25.21M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Iowa | $222.10M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $222.10M.
Similar-sized banks
Huron Valley State Bank ($291.91M) · Lake Central Bank ($291.31M)
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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