Central State Bank

State Center, IA
IDRSSD: 607146
Total Assets
$568.58M
Latest filing
Total Deposits
$477.58M
Latest filing
Net Interest Margin
2.22%
Profitability

Key People

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Locations

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Main Office
Central State Bank
109 Main St W
State Center, IA 50247
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1902FDIC Certificate 6982

Branches (2)

Page 1 of 1
NameAddressCity / State
Central State Bank (Main)109 Main St WState Center, IA
AMES BRANCH2709 Northridge PkwyAmes, IA
WEST DES MOINES BRANCH140 S 68th StWest Des Moines, IA
Showing 2 of 2

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1902
Community BankYes
Ownership TypeNot Mutual
ZIP50247
State and County Number19127
Subchapter S CorporationsYes
Trust PowersTrust Powers Grandfathered
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameMarshalltown, IA

Operational Info

Number of Employees33
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.centralstatebankia.com
Data Updated01/30/2026
CERT10903
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$568.58M
Total Deposits$477.58M
Total Liabilities$514.44M
Total Equity Capital$54.14M
Net Income$1.28M
Net Loans and Leases$444.07M
Assets Per Employee ($Millions)$15.79M
Bank Premises and Fixed Assets$1.99M
Cash and Balances due from Depository Institutions$14.43M
Deposits Held in Domestic Offices$477.58M

Key Performance Ratios

Return on Assets (ROA)0.91%
Return on Equity (ROE)9.54%
Net Interest Margin2.22%
Efficiency Ratio55.63%
Tier 1 Risk-Based Capital Ratio11.137%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.521%
Earning Assets to total Assets98.11%

Income and Expense

Total Interest Income$7.69M
Total Noninterest Income$46.00k
Total Interest Expense$4.65M
Total Noninterest Expense$1.72M
Net Interest Income$3.04M
Pre-tax Net Operating Income$1.37M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$32.10M
Federal Funds Sold & Reverse Repurchase Agreement$1.02M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.77M
Total Liabilities and Capital$568.58M

Securities

Securities$101.05M
Available-for-sale debt securities$99.05M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$2.00M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Central State Bank?
$568.58M as of the latest filing.
How much are Central State Bank's total deposits?
$477.58M in total deposits.
Where is Central State Bank located?
State Center, IA.
What is the Net Interest Margin?
2.22%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1902.
What is the Return on Assets (ROA)?
0.91%.
How much are total loans and leases?
$444.07M (latest filing).
What is the total interest income (latest filing)?
$7.69M.