Total Assets
$89M
Total balance-sheet footings
FDIC Cert #13715 · Spirit Lake, Iowa · Est. 1928
The State Bank - FDIC Bank Health Profile
A community-scale look at The State Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $89M
- Total assets
- B
- Health grade · Good
- 0.58%
- Return on assets
- 11.0%
- Tier 1 capital
Data updated July 2026
The verdict
The State Bank earns a PlainBankData health grade of B (66/100), with well-capitalized at 10.99% Tier 1, 0.58% ROA, 77% efficiency ratio.
- #3,825
- largest of 4,313 FDIC banks by assets
- 11th
- percentile by asset size, nationally
- 10.99%
- Tier 1 ratio - above the 10% well-capitalized line
- 19th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How The State Bank's 66/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
The State Bank's composite health score
Tier 1 Capital Ratio (10.99%) 28/40
Return on Assets (ROA) (0.58%) 14/25
Texas Ratio (0.00%) 20/20
Efficiency Ratio (76.65%) 4/15
66 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$81M
Customer-funded liabilities
Net Loans
$43M
Outstanding loan book
Net Income
$502K
Bottom-line earnings
Capital adequacy vs federal thresholds
Where The State Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. The State Bank's score of 66/100 falls in the highlighted band.
The State Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). The State Bank's $89M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
10.99% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
10.99%
Texas Ratio
0.00%
Equity Capital
$7M
Profitability metrics
Return on Assets (ROA)
19th percentile nationally
0.58%
Return on Equity (ROE)
7.73%
Efficiency Ratio
76.65%
What the numbers say about The State Bank
The State Bank is an FDIC-insured institution (Certificate #13715) headquartered in Spirit Lake, Iowa, established in 1928. It holds $89M in total assets - 3,825th of 4,313 FDIC-insured banks, $81M in customer deposits, and $43M in net loans. Looking at capital strength, Tier 1 stands at 10.99%, over the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 0.00%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of B (66/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
By assets, The State Bank ranks 199th of 230 banks based in Iowa -- squarely in the community-bank tier. Size alone doesn't determine a bank's local importance; a bank this size often has deeper, longer-standing relationships with the specific businesses and depositors it serves than a much larger institution would.
Income & expense breakdown
$4M
Interest Income
$171K
Non-Interest Income
$2M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. The State Bank reports a Texas Ratio of 0.00% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.00% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Iowa by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) The State Bank (FDIC Cert #13715) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Iowa
All Iowa banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Principal BankDes Moines | $9.3B | A | 1.24% |
| Bankers Trust CompanyDes Moines | $7.5B | A | 1.10% |
| MidWestOne BankIowa City | $6.3B | A | 1.12% |
| Hills Bank and Trust CompanyHills | $4.6B | A | 1.33% |
| West BankWest Des Moines | $4.1B | A | 0.94% |
| Northwest BankSpencer | $3.0B | B | 1.03% |
| Cedar Rapids Bank and Trust CompanyCedar Rapids | $2.9B | A | 2.83% |
| Quad City Bank and Trust CompanyBettendorf | $2.7B | A | 1.30% |
Frequently asked questions
What is The State Bank's health grade?▼
The State Bank receives a health grade of B (66/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is The State Bank?▼
The State Bank holds $89M in total assets and $81M in deposits, ranking 3,825th of 4,313 FDIC-insured banks by asset size. It is headquartered in Spirit Lake, Iowa.
Is my money safe at The State Bank?▼
Yes, deposits at The State Bank (Certificate #13715) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is The State Bank's Tier 1 Capital Ratio?▼
The State Bank has a Tier 1 Capital Ratio of 10.99%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for The State Bank?▼
The State Bank has a Texas Ratio of 0.00%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is The State Bank?▼
The State Bank has an Efficiency Ratio of 76.65%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read The State Bank's profile as a depositor or analyst.
- The State Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare The State Bank against other Iowa banks before moving funds. Iowa banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.