Visbanking Logo

The State Bank

Spirit Lake, IA
IDRSSD: 550448
Total Assets
$89.15M
Latest filing
Total Deposits
$81.56M
Latest filing
Net Interest Margin
2.77%
Profitability
0

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

Similar banks

Bank Midwest
Spirit Lake, Iowa
→
Assets: $1.36BΔ +1481.1%
Tri-Valley Bank
Randolph, Iowa
→
Assets: $86.24MΔ +0.3%
Logan State Bank
Logan, Iowa
→
Assets: $85.50MΔ -0.5%
Sanborn Savings Bank
Sanborn, Iowa
→
Assets: $86.46MΔ +0.6%
The Watkins Savings Bank
Watkins, Iowa
→
Assets: $82.15MΔ -4.4%
State Savings Bank
Rake, Iowa
→
Assets: $80.46MΔ -6.4%

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date10/05/1928
Community BankYes
Ownership TypeNot Mutual
ZIP51360
State and County Number19059
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 NameSpirit Lake, IA

Operational Info

Number of Employees11
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/20/1934
Primary Insurance AgencyDIF
Websitewww.statebankspiritlake.com
Data Updated11/14/2025
CERT13715
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$89.15M
Total Deposits$81.56M
Total Liabilities$82.02M
Total Equity Capital$7.13M
Net Income$167.00k
Net Loans and Leases$41.44M
Assets Per Employee ($Millions)$8.1M
Bank Premises and Fixed Assets$1.70M
Cash and Balances due from Depository Institutions$12.55M
Deposits Held in Domestic Offices$81.56M

Key Performance Ratios

Return on Assets (ROA)0.76%
Return on Equity (ROE)9.92%
Net Interest Margin2.77%
Efficiency Ratio70.98%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.001%
Earning Assets to total Assets93.78%

Income and Expense

Total Interest Income$958.00k
Total Noninterest Income$32.00k
Total Interest Expense$387.00k
Total Noninterest Expense$428.00k
Net Interest Income$571.00k
Pre-tax Net Operating Income$175.00k
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$450.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$454.00k
Total Liabilities and Capital$89.15M

Securities

Securities$32.05M
Available-for-sale debt securities$32.03M
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 The State Bank?
$89.15M as of the latest filing.
How much are The State Bank's total deposits?
$81.56M in total deposits.
Where is The State Bank located?
Spirit Lake, IA.
What is the Net Interest Margin?
2.77%.
How many domestic offices does it operate?
2.
When was it established?
10/05/1928.
What is the Return on Assets (ROA)?
0.76%.
How much are total loans and leases?
$41.44M (latest filing).
What is the total interest income (latest filing)?
$958.00k.