State Savings Bank
West Des Moines, IA
IDRSSD: 762045
Total Assets
$274.29M
Latest filing
Total Deposits
$204.59M
Latest filing
Net Interest Margin
3.92%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
State Savings Bank
4800 George Mills Civic Pkwy
West Des Moines, IA 50265
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/04/1894FDIC Certificate 198
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| State Savings Bank (Main) | 4800 George Mills Civic Pkwy | West Des Moines, IA |
| BAXTER BRANCH | 201-207 Main Street | Baxter, IA |
Showing 1 of 1
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 | 07/04/1894 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 50265 |
| State and County Number | 19153 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| 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 | Des Moines-West Des Moines, IA |
Operational Info
| Number of Employees | 33 |
| Domestic Offices | 2 |
| 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 | http://www.ssb.bank |
| Data Updated | 01/30/2026 |
| CERT | 248 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $274.29M |
| Total Deposits | $204.59M |
| Total Liabilities | $250.11M |
| Total Equity Capital | $24.18M |
| Net Income | $790.00k |
| Net Loans and Leases | $236.14M |
| Assets Per Employee ($Millions) | $8.31M |
| Bank Premises and Fixed Assets | $1.34M |
| Cash and Balances due from Depository Institutions | $27.37M |
| Deposits Held in Domestic Offices | $204.59M |
Key Performance Ratios
| Return on Assets (ROA) | 1.18% |
| Return on Equity (ROE) | 13.21% |
| Net Interest Margin | 3.92% |
| Efficiency Ratio | 60.44% |
| Tier 1 Risk-Based Capital Ratio | 10.258% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.36% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.817% |
| Earning Assets to total Assets | 94.54% |
Income and Expense
| Total Interest Income | $4.19M |
| Total Noninterest Income | $137.00k |
| Total Interest Expense | $1.70M |
| Total Noninterest Expense | $1.59M |
| Net Interest Income | $2.49M |
| Pre-tax Net Operating Income | $798.00k |
| Provision for Credit Losses | $240.00k |
| 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 | $42.92M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.60M |
| Total Liabilities and Capital | $274.29M |
Securities
| Securities | $305.00k |
| Available-for-sale debt securities | $0 |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $34.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of State Savings Bank?
$274.29M as of the latest filing.
How much are State Savings Bank's total deposits?
$204.59M in total deposits.
Where is State Savings Bank located?
West Des Moines, IA.
What is the Net Interest Margin?
3.92%.
How many domestic offices does it operate?
2.
When was it established?
07/04/1894.
What is the Return on Assets (ROA)?
1.18%.
How much are total loans and leases?
$236.14M (latest filing).
What is the total interest income (latest filing)?
$4.19M.