First State Bank

Belmond, IA
IDRSSD: 854847
Total Assets
$135.58M
Latest filing
Total Deposits
$100.37M
Latest filing
Net Interest Margin
2.16%
Profitability

Locations

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Main Office
First State Bank
304 E Main St
Belmond, IA 50421
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/01/1933FDIC Certificate 3952

Branches (0)

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NameAddressCity / State
No branch data available.
First State Bank (Main)304 E Main StBelmond, IA

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 Date07/01/1933
Community BankYes
Ownership TypeNot Mutual
ZIP50421
State and County Number19197
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 NameN/A

Operational Info

Number of Employees11
Domestic Offices1
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
Websitehttp://WWW.FSBBELMOND.COM
Data Updated11/14/2025
CERT5791
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$135.58M
Total Deposits$100.37M
Total Liabilities$122.88M
Total Equity Capital$12.70M
Net Income$227.00k
Net Loans and Leases$61.20M
Assets Per Employee ($Millions)$12.33M
Bank Premises and Fixed Assets$334.00k
Cash and Balances due from Depository Institutions$9.90M
Deposits Held in Domestic Offices$100.37M

Key Performance Ratios

Return on Assets (ROA)0.67%
Return on Equity (ROE)7.32%
Net Interest Margin2.16%
Efficiency Ratio61.33%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.15%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.365%
Earning Assets to total Assets94.03%

Income and Expense

Total Interest Income$1.35M
Total Noninterest Income$124.00k
Total Interest Expense$664.00k
Total Noninterest Expense$498.00k
Net Interest Income$688.00k
Pre-tax Net Operating Income$264.00k
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$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$200.00k
Federal Funds Purchased and Repurchased Agreement$19.94M
All Other Liabilities$2.56M
Total Liabilities and Capital$135.58M

Securities

Securities$58.51M
Available-for-sale debt securities$55.62M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$2.51M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First State Bank?
$135.58M as of the latest filing.
How much are First State Bank's total deposits?
$100.37M in total deposits.
Where is First State Bank located?
Belmond, IA.
What is the Net Interest Margin?
2.16%.
How many domestic offices does it operate?
1.
When was it established?
07/01/1933.
What is the Return on Assets (ROA)?
0.67%.
How much are total loans and leases?
$61.20M (latest filing).
What is the total interest income (latest filing)?
$1.35M.