Twin Cedars Bank
Bussey, IA
IDRSSD: 750444
Total Assets
$121.99M
Latest filing
Total Deposits
$105.36M
Latest filing
Net Interest Margin
4.28%
Profitability
Key People
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Locations
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Main Office
Twin Cedars Bank
402 Merrill St
Bussey, IA 50044
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/27/1931FDIC Certificate 1024
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Twin Cedars Bank (Main) | 402 Merrill St | Bussey, IA |
| LOVILIA BRANCH | 1609 South East Avenue | Lovilia, IA |
| OSKALOOSA BRANCH | 201 Cornerstone Dr | Oskaloosa, IA |
| DES MOINES BRANCH | 2222 Grand Avenue | Des Moines, IA |
Showing 3 of 3
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 | 03/27/1931 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 50044 |
| State and County Number | 19125 |
| 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 | Pella, IA |
Operational Info
| Number of Employees | 20 |
| Domestic Offices | 4 |
| 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.twincedars.bank |
| Data Updated | 01/30/2026 |
| CERT | 1556 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $121.99M |
| Total Deposits | $105.36M |
| Total Liabilities | $108.33M |
| Total Equity Capital | $13.66M |
| Net Income | $140.00k |
| Net Loans and Leases | $97.25M |
| Assets Per Employee ($Millions) | $5.81M |
| Bank Premises and Fixed Assets | $1.71M |
| Cash and Balances due from Depository Institutions | $19.89M |
| Deposits Held in Domestic Offices | $105.36M |
Key Performance Ratios
| Return on Assets (ROA) | 0.46% |
| Return on Equity (ROE) | 4.12% |
| Net Interest Margin | 4.28% |
| Efficiency Ratio | 73.94% |
| Tier 1 Risk-Based Capital Ratio | 13.236% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.32% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.201% |
| Earning Assets to total Assets | 92.93% |
Income and Expense
| Total Interest Income | $1.98M |
| Total Noninterest Income | $40.00k |
| Total Interest Expense | $770.00k |
| Total Noninterest Expense | $960.00k |
| Net Interest Income | $1.21M |
| Pre-tax Net Operating Income | $189.00k |
| Provision for Credit Losses | $98.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $7.00k |
| Other borrowed funds | $2.20M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $772.00k |
| Total Liabilities and Capital | $121.99M |
Securities
| Securities | $18.00k |
| 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 Twin Cedars Bank?
$121.99M as of the latest filing.
How much are Twin Cedars Bank's total deposits?
$105.36M in total deposits.
Where is Twin Cedars Bank located?
Bussey, IA.
What is the Net Interest Margin?
4.28%.
How many domestic offices does it operate?
4.
When was it established?
03/27/1931.
What is the Return on Assets (ROA)?
0.46%.
How much are total loans and leases?
$97.25M (latest filing).
What is the total interest income (latest filing)?
$1.98M.