Elgin State Bank
Elgin, IA
IDRSSD: 609645
Total Assets
$29.54M
Latest filing
Total Deposits
$28.58M
Latest filing
Net Interest Margin
2.60%
Profitability
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
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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 | 10/25/1930 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 52141 |
| State and County Number | 19065 |
| Subchapter S Corporations | Yes |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institution closed or not insured by FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 6 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 01/31/2025 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | N/A |
| Data Updated | 11/28/2025 |
| CERT | 10489 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $29.54M |
| Total Deposits | $28.58M |
| Total Liabilities | $28.70M |
| Total Equity Capital | $838.00k |
| Net Income | $-27,000 |
| Net Loans and Leases | $19.08M |
| Assets Per Employee ($Millions) | $4.92M |
| Bank Premises and Fixed Assets | $131.00k |
| Cash and Balances due from Depository Institutions | $4.33M |
| Deposits Held in Domestic Offices | $28.58M |
Key Performance Ratios
| Return on Assets (ROA) | -0.37% |
| Return on Equity (ROE) | -11.62% |
| Net Interest Margin | 2.6% |
| Efficiency Ratio | 116.4% |
| Tier 1 Risk-Based Capital Ratio | 10.534% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 2.837% |
| Earning Assets to total Assets | 96.69% |
Income and Expense
| Total Interest Income | $320.00k |
| Total Noninterest Income | $9.00k |
| Total Interest Expense | $140.00k |
| Total Noninterest Expense | $220.00k |
| Net Interest Income | $180.00k |
| Pre-tax Net Operating Income | $-31,000 |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $228.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $124.00k |
| Total Liabilities and Capital | $29.54M |
Securities
| Securities | $5.49M |
| Available-for-sale debt securities | $5.27M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $145.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Elgin State Bank?
$29.54M as of the latest filing.
How much are Elgin State Bank's total deposits?
$28.58M in total deposits.
Where is Elgin State Bank located?
Elgin, IA.
What is the Net Interest Margin?
2.60%.
How many domestic offices does it operate?
2.
When was it established?
10/25/1930.
What is the Return on Assets (ROA)?
-0.37%.
How much are total loans and leases?
$19.08M (latest filing).
What is the total interest income (latest filing)?
$320.00k.