First State Bank

Stuart, IA
IDRSSD: 190947
Total Assets
$118.99M
Latest filing
Total Deposits
$104.18M
Latest filing
Net Interest Margin
4.14%
Profitability
0

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 Employees22
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 Updated11/14/2025
CERT16177
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$118.99M
Total Deposits$104.18M
Total Liabilities$104.41M
Total Equity Capital$14.58M
Net Income$164.00k
Net Loans and Leases$60.84M
Assets Per Employee ($Millions)$5.67M
Bank Premises and Fixed Assets$1.30M
Cash and Balances due from Depository Institutions$18.36M
Deposits Held in Domestic Offices$104.18M

Key Performance Ratios

Return on Assets (ROA)0.54%
Return on Equity (ROE)4.53%
Net Interest Margin4.14%
Efficiency Ratio71.13%
Tier 1 Risk-Based Capital Ratio23.888%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.5%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.252%
Earning Assets to total Assets94.93%

Income and Expense

Total Interest Income$1.55M
Total Noninterest Income$85.00k
Total Interest Expense$366.00k
Total Noninterest Expense$904.00k
Net Interest Income$1.19M
Pre-tax Net Operating Income$217.00k
Provision for Credit Losses$150.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$1.23M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$231.00k
Total Liabilities and Capital$118.99M

Securities

Securities$35.57M
Available-for-sale debt securities$35.57M
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 First State Bank?
$118.99M as of the latest filing.
How much are First State Bank's total deposits?
$104.18M 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)?
0.54%.
How much are total loans and leases?
$60.84M (latest filing).
What is the total interest income (latest filing)?
$1.55M.