First State Bank

Stuart, IA
IDRSSD: 190947
Total Assets
$128.69M
Latest filing
Total Deposits
$113.53M
Latest filing
Net Interest Margin
4.14%
Profitability

Key People

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Locations

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Main Office
First State Bank
215 N Division St
Stuart, IA 50250
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1934FDIC Certificate 10383

Branches (3)

Page 1 of 1
NameAddressCity / State
First State Bank (Main)215 N Division StStuart, IA
623 SOUTH DIVISION BRANCH623 S Division StStuart, IA
DEXTER BRANCH825 Marshall StDexter, IA
REDFIELD BRANCH917 1st StRedfield, IA
Showing 3 of 3

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 Date01/01/1934
Community BankYes
Ownership TypeNot Mutual
ZIP50250
State and County Number19077
Subchapter S CorporationsNo
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 NameDes Moines-West Des Moines, IA

Operational Info

Number of Employees21
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance07/31/1944
Primary Insurance AgencyDIF
Websitewww.stuartbank.com
Data Updated01/30/2026
CERT16177
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$128.69M
Total Deposits$113.53M
Total Liabilities$113.80M
Total Equity Capital$14.89M
Net Income$304.00k
Net Loans and Leases$56.98M
Assets Per Employee ($Millions)$6.13M
Bank Premises and Fixed Assets$1.27M
Cash and Balances due from Depository Institutions$40.81M
Deposits Held in Domestic Offices$113.53M

Key Performance Ratios

Return on Assets (ROA)0.98%
Return on Equity (ROE)8.25%
Net Interest Margin4.14%
Efficiency Ratio62.53%
Tier 1 Risk-Based Capital Ratio25.524%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.48%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.569%
Earning Assets to total Assets95.65%

Income and Expense

Total Interest Income$1.58M
Total Noninterest Income$243.00k
Total Interest Expense$354.00k
Total Noninterest Expense$916.00k
Net Interest Income$1.22M
Pre-tax Net Operating Income$399.00k
Provision for Credit Losses$150.00k
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$3.26M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$266.00k
Total Liabilities and Capital$128.69M

Securities

Securities$25.15M
Available-for-sale debt securities$25.15M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First State Bank?
$128.69M as of the latest filing.
How much are First State Bank's total deposits?
$113.53M in total deposits.
Where is First State Bank located?
Stuart, IA.
What is the Net Interest Margin?
4.14%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1934.
What is the Return on Assets (ROA)?
0.98%.
How much are total loans and leases?
$56.98M (latest filing).
What is the total interest income (latest filing)?
$1.58M.