Cherokee State Bank
Cherokee, IA
IDRSSD: 205542
Total Assets
$263.87M
Latest filing
Total Deposits
$212.56M
Latest filing
Net Interest Margin
2.81%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Cherokee State Bank
212 W Willow St
Cherokee, IA 51012
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/08/1888FDIC Certificate 619
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Cherokee State Bank (Main) | 212 W Willow St | Cherokee, IA | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 10/08/1888 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 51012 |
| State and County Number | 19035 |
| Subchapter S Corporations | No |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 29 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.cherokeestatebank.com |
| Data Updated | 11/14/2025 |
| CERT | 951 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $263.87M |
| Total Deposits | $212.56M |
| Total Liabilities | $237.49M |
| Total Equity Capital | $26.38M |
| Net Income | $529.00k |
| Net Loans and Leases | $171.64M |
| Assets Per Employee ($Millions) | $9.1M |
| Bank Premises and Fixed Assets | $3.33M |
| Cash and Balances due from Depository Institutions | $3.56M |
| Deposits Held in Domestic Offices | $212.56M |
Key Performance Ratios
| Return on Assets (ROA) | 0.81% |
| Return on Equity (ROE) | 8.3% |
| Net Interest Margin | 2.81% |
| Efficiency Ratio | 65.82% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.03% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.999% |
| Earning Assets to total Assets | 93.49% |
Income and Expense
| Total Interest Income | $3.18M |
| Total Noninterest Income | $272.00k |
| Total Interest Expense | $1.46M |
| Total Noninterest Expense | $1.31M |
| Net Interest Income | $1.73M |
| Pre-tax Net Operating Income | $665.00k |
| Provision for Credit Losses | $18.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $22.23M |
| Federal Funds Sold & Reverse Repurchase Agreement | $112.00k |
| Federal Funds Purchased and Repurchased Agreement | $2.07M |
| All Other Liabilities | $626.00k |
| Total Liabilities and Capital | $263.87M |
Securities
| Securities | $74.41M |
| Available-for-sale debt securities | $74.41M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Cherokee State Bank?
$263.87M as of the latest filing.
How much are Cherokee State Bank's total deposits?
$212.56M in total deposits.
Where is Cherokee State Bank located?
Cherokee, IA.
What is the Net Interest Margin?
2.81%.
How many domestic offices does it operate?
1.
When was it established?
10/08/1888.
What is the Return on Assets (ROA)?
0.81%.
How much are total loans and leases?
$171.64M (latest filing).
What is the total interest income (latest filing)?
$3.18M.