State Savings Bank
Bedford, IA
IDRSSD: 792640
Total Assets
$196.34M
Latest filing
Total Deposits
$169.75M
Latest filing
Net Interest Margin
4.32%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
State Savings Bank
612 Central Ave
Bedford, IA 50833
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1915FDIC Certificate 9240
Branches (4)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| State Savings Bank (Main) | 612 Central Ave | Bedford, IA |
| CLEARFIELD BRANCH | 101 Broadway St | Clearfield, IA |
| VALLEY B & T BRANCH | 200 S 2nd St | Cherokee, IA |
| VALLEY BANK & TRUST | 719 South Highway 143 | Marcus, IA |
| CRESTON BRANCH | 602 Sheldon St | Creston, 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
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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 | 01/01/1915 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 50833 |
| State and County Number | 19173 |
| Subchapter S Corporations | Yes |
| 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 | 27 |
| Domestic Offices | 5 |
| 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 | 09/29/1934 |
| Primary Insurance Agency | DIF |
| Website | www.statesavings.bank |
| Data Updated | 01/30/2026 |
| CERT | 14773 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $196.34M |
| Total Deposits | $169.75M |
| Total Liabilities | $173.75M |
| Total Equity Capital | $22.59M |
| Net Income | $764.00k |
| Net Loans and Leases | $179.67M |
| Assets Per Employee ($Millions) | $7.85M |
| Bank Premises and Fixed Assets | $1.93M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $169.75M |
Key Performance Ratios
| Return on Assets (ROA) | 1.58% |
| Return on Equity (ROE) | 13.41% |
| Net Interest Margin | 4.32% |
| Efficiency Ratio | 45.3% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.31% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.505% |
| Earning Assets to total Assets | 94.84% |
Income and Expense
| Total Interest Income | $2.94M |
| Total Noninterest Income | $164.00k |
| Total Interest Expense | $970.00k |
| Total Noninterest Expense | $1.19M |
| Net Interest Income | $1.97M |
| Pre-tax Net Operating Income | $794.00k |
| Provision for Credit Losses | $150.00k |
| 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 | $3.27M |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.00M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $733.00k |
| Total Liabilities and Capital | $196.34M |
Securities
| Securities | $0 |
| Available-for-sale debt securities | $0 |
| 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 State Savings Bank?
$196.34M as of the latest filing.
How much are State Savings Bank's total deposits?
$169.75M in total deposits.
Where is State Savings Bank located?
Bedford, IA.
What is the Net Interest Margin?
4.32%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1915.
What is the Return on Assets (ROA)?
1.58%.
How much are total loans and leases?
$179.67M (latest filing).
What is the total interest income (latest filing)?
$2.94M.