Solon State Bank
Solon, IA
IDRSSD: 185448
Total Assets
$125.70M
Latest filing
Total Deposits
$83.44M
Latest filing
Net Interest Margin
5.58%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Solon State Bank
126 S Market St
Solon, IA 52333
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/17/1932FDIC Certificate 185
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Solon State Bank (Main) | 126 S Market St | Solon, IA |
| TIFFIN BRANCH | 444 State St | Tiffin, IA |
| ELY BRANCH | 1540 State St | Ely, IA |
Showing 2 of 2
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 03/17/1932 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 52333 |
| State and County Number | 19103 |
| Subchapter S Corporations | Yes |
| 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 | Iowa City, IA |
Operational Info
| Number of Employees | 15 |
| Domestic Offices | 3 |
| 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 | www.solonstatebank.com |
| Data Updated | 01/30/2026 |
| CERT | 232 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $125.70M |
| Total Deposits | $83.44M |
| Total Liabilities | $96.79M |
| Total Equity Capital | $28.91M |
| Net Income | $1.16M |
| Net Loans and Leases | $83.13M |
| Assets Per Employee ($Millions) | $8.38M |
| Bank Premises and Fixed Assets | $571.00k |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $83.44M |
Key Performance Ratios
| Return on Assets (ROA) | 3.69% |
| Return on Equity (ROE) | 16.27% |
| Net Interest Margin | 5.58% |
| Efficiency Ratio | 36.24% |
| 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 | 22.999% |
| Earning Assets to total Assets | 93.73% |
Income and Expense
| Total Interest Income | $2.10M |
| Total Noninterest Income | $250.00k |
| Total Interest Expense | $462.00k |
| Total Noninterest Expense | $686.00k |
| Net Interest Income | $1.64M |
| Pre-tax Net Operating Income | $1.21M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $3.01M |
| Other borrowed funds | $12.85M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $497.00k |
| Total Liabilities and Capital | $125.70M |
Securities
| Securities | $34.55M |
| Available-for-sale debt securities | $34.55M |
| 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 Solon State Bank?
$125.70M as of the latest filing.
How much are Solon State Bank's total deposits?
$83.44M in total deposits.
Where is Solon State Bank located?
Solon, IA.
What is the Net Interest Margin?
5.58%.
How many domestic offices does it operate?
3.
When was it established?
03/17/1932.
What is the Return on Assets (ROA)?
3.69%.
How much are total loans and leases?
$83.13M (latest filing).
What is the total interest income (latest filing)?
$2.10M.