Glenwood State Bank

Glenwood, IA
IDRSSD: 566243
Total Assets
$329.02M
Latest filing
Total Deposits
$289.25M
Latest filing
Net Interest Margin
3.97%
Profitability

Locations

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Main Office
Glenwood State Bank
32 N Walnut St
Glenwood, IA 51534
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1899FDIC Certificate 624

Branches (3)

Page 1 of 1
NameAddressCity / State
Glenwood State Bank (Main)32 N Walnut StGlenwood, IA
GLENWOOD STATE PLAZA BRANCH960 S Locust StGlenwood, IA
FRONTIER OFFICE940 Valley View DrCouncil Bluffs, IA
FIRST STATE BANK BRANCH711 Main StTabor, 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 member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1899
Community BankYes
Ownership TypeNot Mutual
ZIP51534
State and County Number19129
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameOmaha-Council Bluffs, NE-IA

Operational Info

Number of Employees38
Domestic Offices4
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
Websitehttps://www.glenwoodstatebank.com
Data Updated11/14/2025
CERT956
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$329.02M
Total Deposits$289.25M
Total Liabilities$290.84M
Total Equity Capital$38.18M
Net Income$354.00k
Net Loans and Leases$153.44M
Assets Per Employee ($Millions)$8.89M
Bank Premises and Fixed Assets$361.00k
Cash and Balances due from Depository Institutions$41.24M
Deposits Held in Domestic Offices$289.25M

Key Performance Ratios

Return on Assets (ROA)0.44%
Return on Equity (ROE)3.74%
Net Interest Margin3.97%
Efficiency Ratio44.16%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets1.31%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.605%
Earning Assets to total Assets96.18%

Income and Expense

Total Interest Income$4.19M
Total Noninterest Income$125.00k
Total Interest Expense$1.10M
Total Noninterest Expense$1.42M
Net Interest Income$3.09M
Pre-tax Net Operating Income$737.00k
Provision for Credit Losses$1.06M
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$760.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$827.00k
Total Liabilities and Capital$329.02M

Securities

Securities$130.72M
Available-for-sale debt securities$130.22M
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 Glenwood State Bank?
$329.02M as of the latest filing.
How much are Glenwood State Bank's total deposits?
$289.25M in total deposits.
Where is Glenwood State Bank located?
Glenwood, IA.
What is the Net Interest Margin?
3.97%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1899.
What is the Return on Assets (ROA)?
0.44%.
How much are total loans and leases?
$153.44M (latest filing).
What is the total interest income (latest filing)?
$4.19M.