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State Savings Bank
State Savings Bank
RSSD ID 286840 | CERTIFICATE 8513 | ABA NUMBER 73915449 |
102 N Main St |
Quarter Ended : |
2025-03-31 |
Rake, Iowa, 50465 |
Updated : |
2025-04-28 |
www.rakestatesavingsbank.com |
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Institution Profile |
Year Opened : |
1914 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
1 |
Number of Employees : |
7 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 82,192 |
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Total Interest Income | 1,270 |
Total Liabilities | 70,615 |
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Total NonInterest Income | 13 |
Total Bank Equity Capital | 11,577 |
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Total Interest Expense | 608 |
Total Deposits | 69,599 |
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Total NonInterest Expense | 269 |
Net Loans & Leases | 60,562 |
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Net Income | 307 |
Loan Loss Allowance | 1,034 |
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Net Charge Offs | 60 |
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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 | 58,611 |
Total assets for the leverage ratio | 82,757 |
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Loans secured by real estate: | 19,639 |
Tier 1 Leverage Ratio | 14 |
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Commercial and industrial loans | 11,890 |
Off Balance Sheet Exposures (%) | 6.38 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 577 |
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