First State Bank
Britt, IA
IDRSSD: 795249
Total Assets
$130.80M
Latest filing
Total Deposits
$107.30M
Latest filing
Net Interest Margin
2.93%
Profitability
Key People
Loading leadership data...
Locations
Main office and branches. Select to view on the map.
Main Office
First State Bank
183 Main Ave N
Britt, IA 50423
Full Service - Brick and Mortar
Updated 01/30/2026Established 11/12/1927FDIC Certificate 5430
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First State Bank (Main) | 183 Main Ave N | Britt, IA |
| WODEN BRANCH | 124 Main | Woden, IA |
Showing 1 of 1
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
Similar banks
Citizens State Bank
Wyoming, Iowa
→
Assets: $123.93MΔ +0.5%
Pocahontas State Bank
Pocahontas, Iowa
→
Assets: $124.57MΔ +1.0%
Solon State Bank
Solon, Iowa
→
Assets: $125.03MΔ +1.4%
Twin Cedars Bank
Bussey, Iowa
→
Assets: $121.10MΔ -1.8%
Farmers and Merchants Savings Bank
Iowa City, Iowa
→
Assets: $120.98MΔ -1.9%
Cedar Valley Bank & Trust
La Porte City, Iowa
→
Assets: $120.14MΔ -2.6%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 11/12/1927 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 50423 |
| State and County Number | 19081 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| 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 | 11 |
| Domestic Offices | 2 |
| 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 | http://fsb-britt.com |
| Data Updated | 01/30/2026 |
| CERT | 8522 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $130.80M |
| Total Deposits | $107.30M |
| Total Liabilities | $110.59M |
| Total Equity Capital | $20.21M |
| Net Income | $448.00k |
| Net Loans and Leases | $60.56M |
| Assets Per Employee ($Millions) | $11.89M |
| Bank Premises and Fixed Assets | $569.00k |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $107.30M |
Key Performance Ratios
| Return on Assets (ROA) | 1.41% |
| Return on Equity (ROE) | 9.01% |
| Net Interest Margin | 2.93% |
| Efficiency Ratio | 38.46% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| 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 | 15.45% |
| Earning Assets to total Assets | 95.43% |
Income and Expense
| Total Interest Income | $1.40M |
| Total Noninterest Income | $46.00k |
| Total Interest Expense | $512.00k |
| Total Noninterest Expense | $360.00k |
| Net Interest Income | $890.00k |
| Pre-tax Net Operating Income | $577.00k |
| Provision for Credit Losses | $-1,000 |
| 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 | $7.22M |
| Federal Funds Purchased and Repurchased Agreement | $2.95M |
| All Other Liabilities | $339.00k |
| Total Liabilities and Capital | $130.80M |
Securities
| Securities | $46.95M |
| Available-for-sale debt securities | $46.95M |
| 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?
$130.80M as of the latest filing.
How much are First State Bank's total deposits?
$107.30M in total deposits.
Where is First State Bank located?
Britt, IA.
What is the Net Interest Margin?
2.93%.
How many domestic offices does it operate?
2.
When was it established?
11/12/1927.
What is the Return on Assets (ROA)?
1.41%.
How much are total loans and leases?
$60.56M (latest filing).
What is the total interest income (latest filing)?
$1.40M.