State Savings Bank
Rake, IA
IDRSSD: 286840
Total Assets
$82.04M
Latest filing
Total Deposits
$68.44M
Latest filing
Net Interest Margin
3.88%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
State Savings Bank
102 N Main St
Rake, IA 50465
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/15/1914FDIC Certificate 5423
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| State Savings Bank (Main) | 102 N Main St | Rake, IA | ||
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
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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 | 01/15/1914 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 50465 |
| State and County Number | 19189 |
| Subchapter S Corporations | No |
| Trust Powers | Trust Powers Grandfathered |
| 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 | 7 |
| Domestic Offices | 1 |
| 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.rakestatesavingsbank.com |
| Data Updated | 11/14/2025 |
| CERT | 8513 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $82.04M |
| Total Deposits | $68.44M |
| Total Liabilities | $69.72M |
| Total Equity Capital | $12.32M |
| Net Income | $386.00k |
| Net Loans and Leases | $61.11M |
| Assets Per Employee ($Millions) | $11.72M |
| Bank Premises and Fixed Assets | $96.00k |
| Cash and Balances due from Depository Institutions | $12.21M |
| Deposits Held in Domestic Offices | $68.44M |
Key Performance Ratios
| Return on Assets (ROA) | 1.9% |
| Return on Equity (ROE) | 12.74% |
| Net Interest Margin | 3.88% |
| Efficiency Ratio | 33.98% |
| 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 | 15.015% |
| Earning Assets to total Assets | 96.44% |
Income and Expense
| Total Interest Income | $1.36M |
| Total Noninterest Income | $15.00k |
| Total Interest Expense | $602.00k |
| Total Noninterest Expense | $264.00k |
| Net Interest Income | $762.00k |
| Pre-tax Net Operating Income | $513.00k |
| Provision for Credit Losses | $0 |
| 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 | $5.37M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.28M |
| Total Liabilities and Capital | $82.04M |
Securities
| Securities | $1.24M |
| Available-for-sale debt securities | $1.24M |
| 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 State Savings Bank?
$82.04M as of the latest filing.
How much are State Savings Bank's total deposits?
$68.44M in total deposits.
Where is State Savings Bank located?
Rake, IA.
What is the Net Interest Margin?
3.88%.
How many domestic offices does it operate?
1.
When was it established?
01/15/1914.
What is the Return on Assets (ROA)?
1.9%.
How much are total loans and leases?
$61.11M (latest filing).
What is the total interest income (latest filing)?
$1.36M.