Washington State Bank

Washington, IA
IDRSSD: 433943
Total Assets
$588.90M
Latest filing
Total Deposits
$519.92M
Latest filing
Net Interest Margin
3.53%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

073902216WASHINGTON, IA

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Washington State Bank
121 S Marion Ave
Washington, IA 52353
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/18/1932FDIC Certificate 169

Branches (4)

Page 1 of 1
NameAddressCity / State
Washington State Bank (Main)121 S Marion AveWashington, IA
PARKING LOT BRANCH303 West Washington StreetWashington, IA
COLUMBUS JUNCTION STATE BANK BRANCH134 Main StColumbus Junction, IA
FAIRFIELD BRANCH1706 W Burlington AveFairfield, IA
PELLA BRANCH703 Main StPella, 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

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date04/18/1932
Community BankYes
Ownership TypeNot Mutual
ZIP52353
State and County Number19183
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameIowa City, IA

Operational Info

Number of Employees52
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.washsb.com
Data Updated01/30/2026
CERT214
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$588.90M
Total Deposits$519.92M
Total Liabilities$545.95M
Total Equity Capital$42.95M
Net Income$1.87M
Net Loans and Leases$343.57M
Assets Per Employee ($Millions)$10.71M
Bank Premises and Fixed Assets$2.64M
Cash and Balances due from Depository Institutions$14.95M
Deposits Held in Domestic Offices$519.92M

Key Performance Ratios

Return on Assets (ROA)1.27%
Return on Equity (ROE)17.58%
Net Interest Margin3.53%
Efficiency Ratio47.66%
Tier 1 Risk-Based Capital Ratio20.244%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.24%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.293%
Earning Assets to total Assets92.74%

Income and Expense

Total Interest Income$8.01M
Total Noninterest Income$411.00k
Total Interest Expense$3.22M
Total Noninterest Expense$2.48M
Net Interest Income$4.79M
Pre-tax Net Operating Income$2.36M
Provision for Credit Losses$360.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$869.00k
Other borrowed funds$17.55M
Federal Funds Sold & Reverse Repurchase Agreement$74.00k
Federal Funds Purchased and Repurchased Agreement$3.18M
All Other Liabilities$5.30M
Total Liabilities and Capital$588.90M

Securities

Securities$192.35M
Available-for-sale debt securities$192.35M
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 Washington State Bank?
$588.90M as of the latest filing.
How much are Washington State Bank's total deposits?
$519.92M in total deposits.
Where is Washington State Bank located?
Washington, IA.
What is the Net Interest Margin?
3.53%.
How many domestic offices does it operate?
5.
When was it established?
04/18/1932.
What is the Return on Assets (ROA)?
1.27%.
How much are total loans and leases?
$343.57M (latest filing).
What is the total interest income (latest filing)?
$8.01M.