Iowa State Bank

Des Moines, IA
IDRSSD: 662949
Total Assets
$466.96M
Latest filing
Total Deposits
$380.67M
Latest filing
Net Interest Margin
3.42%
Profitability

Key People

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Locations

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Main Office
Iowa State Bank
627 E Locust St
Des Moines, IA 50309
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/14/1941FDIC Certificate 10052

Branches (4)

Page 1 of 1
NameAddressCity / State
Iowa State Bank (Main)627 E Locust StDes Moines, IA
HUBBELL AVENUE BRANCH3818 Hubbell AveDes Moines, IA
NINTH STREET BRANCH6410 Sw 9th StDes Moines, IA
WEST DES MOINES BRANCH3601 Ep True PkwyWest Des Moines, IA
HICKMAN OFFICE2301 128th StUrbandale, IA
Showing 4 of 4

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 Date04/14/1941
Community BankYes
Ownership TypeNot Mutual
ZIP50309
State and County Number19153
Subchapter S CorporationsYes
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 Employees86
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance04/14/1941
Primary Insurance AgencyDIF
Websitehttp://www.iowastatebanks.com
Data Updated01/30/2026
CERT15808
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$466.96M
Total Deposits$380.67M
Total Liabilities$397.99M
Total Equity Capital$68.97M
Net Income$1.99M
Net Loans and Leases$261.91M
Assets Per Employee ($Millions)$5.43M
Bank Premises and Fixed Assets$5.00M
Cash and Balances due from Depository Institutions$48.46M
Deposits Held in Domestic Offices$380.67M

Key Performance Ratios

Return on Assets (ROA)1.73%
Return on Equity (ROE)11.71%
Net Interest Margin3.42%
Efficiency Ratio65.5%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.77%
Earning Assets to total Assets97.46%

Income and Expense

Total Interest Income$5.11M
Total Noninterest Income$2.13M
Total Interest Expense$1.27M
Total Noninterest Expense$3.91M
Net Interest Income$3.83M
Pre-tax Net Operating Income$2.07M
Provision for Credit Losses$-15,000
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$563.00k
Federal Funds Sold & Reverse Repurchase Agreement$10.04M
Federal Funds Purchased and Repurchased Agreement$13.04M
All Other Liabilities$3.72M
Total Liabilities and Capital$466.96M

Securities

Securities$138.38M
Available-for-sale debt securities$138.38M
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 Iowa State Bank?
$466.96M as of the latest filing.
How much are Iowa State Bank's total deposits?
$380.67M in total deposits.
Where is Iowa State Bank located?
Des Moines, IA.
What is the Net Interest Margin?
3.42%.
How many domestic offices does it operate?
5.
When was it established?
04/14/1941.
What is the Return on Assets (ROA)?
1.73%.
How much are total loans and leases?
$261.91M (latest filing).
What is the total interest income (latest filing)?
$5.11M.