|
 |
|
|
 The State Bank
The State Bank
| RSSD ID 550448 | CERTIFICATE 13715 | ABA NUMBER 73920997 |
| 1902 Hill Ave |
Quarter Ended : |
2025-12-31 |
| Spirit Lake, Iowa, 51360 |
Updated : |
2026-01-22 |
| www.statebankspiritlake.com |
|
| Institution Profile |
| Year Opened : |
1928 |
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 |
|
| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
2 |
Number of Employees : |
11 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 88,833 |
|
Total Interest Income | 3,728 |
| Total Liabilities | 81,480 |
|
Total NonInterest Income | 171 |
| Total Bank Equity Capital | 7,353 |
|
Total Interest Expense | 1,535 |
| Total Deposits | 81,055 |
|
Total NonInterest Expense | 1,812 |
| Net Loans & Leases | 42,836 |
|
Net Income | 502 |
| Loan Loss Allowance | 1,286 |
|
Net Charge Offs | 147 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 42,994 |
| Total assets for the leverage ratio | 93,483 |
|
Loans secured by real estate: | 33,565 |
| Tier 1 Leverage Ratio | 10.99 |
|
Commercial and industrial loans | 4,819 |
| Off Balance Sheet Exposures (%) | 0.49 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 1,750 |
|
|
|
|
:· The State Bank
