Fairfax State Savings Bank

Fairfax, IA
IDRSSD: 682648
Total Assets
$268.42M
Latest filing
Total Deposits
$226.00M
Latest filing
Net Interest Margin
2.57%
Profitability

Locations

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Main Office
Fairfax State Savings Bank
409 Vanderbilt St
Fairfax, IA 52228
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/20/1924FDIC Certificate 5140

Branches (2)

Page 1 of 1
NameAddressCity / State
Fairfax State Savings Bank (Main)409 Vanderbilt StFairfax, IA
BANKHAUS4304 220th TrlAmana, IA
KINGSTON BRANCH211 3rd Ave SwCedar Rapids, 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 Date10/20/1924
Community BankYes
Ownership TypeNot Mutual
ZIP52228
State and County Number19113
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 NameCedar Rapids, IA

Operational Info

Number of Employees27
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.thebankhere.com
Data Updated11/14/2025
CERT8083
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$268.42M
Total Deposits$226.00M
Total Liabilities$250.85M
Total Equity Capital$17.56M
Net Income$463.00k
Net Loans and Leases$151.21M
Assets Per Employee ($Millions)$10.74M
Bank Premises and Fixed Assets$2.54M
Cash and Balances due from Depository Institutions$9.64M
Deposits Held in Domestic Offices$226.00M

Key Performance Ratios

Return on Assets (ROA)0.69%
Return on Equity (ROE)11.24%
Net Interest Margin2.57%
Efficiency Ratio71.62%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets6.543%
Earning Assets to total Assets94.46%

Income and Expense

Total Interest Income$3.30M
Total Noninterest Income$246.00k
Total Interest Expense$1.66M
Total Noninterest Expense$1.35M
Net Interest Income$1.64M
Pre-tax Net Operating Income$485.00k
Provision for Credit Losses$50.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$2.48M
Other borrowed funds$23.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.86M
Total Liabilities and Capital$268.42M

Securities

Securities$93.72M
Available-for-sale debt securities$93.72M
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 Fairfax State Savings Bank?
$268.42M as of the latest filing.
How much are Fairfax State Savings Bank's total deposits?
$226.00M in total deposits.
Where is Fairfax State Savings Bank located?
Fairfax, IA.
What is the Net Interest Margin?
2.57%.
How many domestic offices does it operate?
3.
When was it established?
10/20/1924.
What is the Return on Assets (ROA)?
0.69%.
How much are total loans and leases?
$151.21M (latest filing).
What is the total interest income (latest filing)?
$3.30M.