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State Savings Bank
State Savings Bank
RSSD ID 792640 | CERTIFICATE 14773 | ABA NUMBER 73915818 |
612 Central Ave |
Quarter Ended : |
2025-03-31 |
Bedford, Iowa, 50833 |
Updated : |
2025-04-14 |
www.statesavings.bank |
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Institution Profile |
Year Opened : |
1915 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
Yes |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
5 |
Number of Employees : |
25 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 196,503 |
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Total Interest Income | 2,809 |
Total Liabilities | 173,816 |
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Total NonInterest Income | 120 |
Total Bank Equity Capital | 22,687 |
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Total Interest Expense | 1,138 |
Total Deposits | 171,458 |
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Total NonInterest Expense | 978 |
Net Loans & Leases | 167,878 |
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Net Income | 654 |
Loan Loss Allowance | 1,187 |
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Net Charge Offs | 143 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 166,001 |
Total assets for the leverage ratio | 186,089 |
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Loans secured by real estate: | 110,220 |
Tier 1 Leverage Ratio | 10.18 |
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Commercial and industrial loans | 20,317 |
Off Balance Sheet Exposures (%) | 1.44 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,882 |
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