TellerScore

Cherokee State Bank is a state-chartered bank headquartered in Cherokee, Iowa, in business for about 138 years. At the end of Q2 2026 it reported $271.1M in total assets and $218.9M in deposits, with 2 offices.

Cherokee State Bank has a TellerScore of 83 out of 100 (strong) based on Q2 2026 data — higher than 84% of its 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 40th. Loan quality contributes the most (100/100, 0.00%); earnings contributes the least (61/100, 1.03%).

TellerScore · Q2 2026

Scorecard

Capital cushion80/100
Tier 1 leverage ratio: 13.03%
Loan quality100/100
Noncurrent loans ÷ total loans: 0.00%
Earnings61/100
Return on assets (annualized): 1.03%
Funding & liquidity78/100
Loans ÷ deposits and uninsured-deposit share: 82.5% · 15.1% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.00%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

The score has been essentially flat from Q2 2025 to Q2 2026 (82 → 83).

TellerScore
798183Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202482
Q3 202479
Q4 202480
Q1 202579
Q2 202582
Q3 202582
Q4 202581
Q1 202682
Q2 202683
Tier 1 leverage ratio
5.00%9.10%13.20%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202413.03%
Q3 202413.04%
Q4 202412.92%
Q1 202513.08%
Q2 202513.04%
Q3 202513.20%
Q4 202512.97%
Q1 202612.81%
Q2 202613.03%
Noncurrent loans
0.00%0.12%0.25%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.00%
Q3 20240.25%
Q4 20240.00%
Q1 20250.00%
Q2 20250.00%
Q3 20250.00%
Q4 20250.00%
Q1 20260.00%
Q2 20260.00%
Return on assets
0.46%0.74%1.03%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.78%
Q3 20240.72%
Q4 20240.71%
Q1 20250.46%
Q2 20250.80%
Q3 20250.80%
Q4 20250.82%
Q1 20260.90%
Q2 20261.03%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202683$271.1M13.03%0.00%1.03%82.5%
Q1 202682$277.3M12.81%0.00%0.90%79.8%
Q4 202581$271.2M12.97%0.00%0.82%85.8%
Q3 202582$263.9M13.20%0.00%0.80%80.7%
Q2 202582$260.3M13.04%0.00%0.80%79.3%
Q1 202579$264.7M13.08%0.00%0.46%77.9%
Q4 202480$260.7M12.92%0.00%0.71%81.1%
Q3 202479$263.3M13.04%0.25%0.72%76.1%
Q2 202482$256.6M13.03%0.00%0.78%78.4%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio13.03%
75th
Total risk-based capital0.00%
24th
Problem loans0.00%
94th
Net charge-offs-0.11%
98th
Return on assets1.03%
35th
Net interest margin3.06%
12th
Efficiency ratio61.6%
52nd
Loans to deposits82.5%
44th
Uninsured deposits15.1%
82nd
Loan-loss reserves1.18%
49th
Texas ratio0.0%
95th

Similar-size banks in Iowa

InstitutionScoreAssetsCapitalProblem loansCompare
Farmers and Merchants State BankBank Winterset, IA78 out of 100, Strong$271.7M10.7%0.00%vs
Mediapolis Savings BankBank Mediapolis, IA71 out of 100, Strong$269.9M10.2%0.39%vs
Freedom Financial BankBank West Des Moines, IA68 out of 100, Moderate$269.3M9.3%0.00%vs
Westside State BankBank Westside, IA51 out of 100, Below average$268.7M8.8%1.57%vs
FNB BankBank Fontanelle, IA91 out of 100, Very strong$274.6M14.5%0.02%vs
Security Trust & Savings BankBank Storm Lake, IA70 out of 100, Strong$266.4M10.4%0.78%vs

Deposit insurance

Is my money safe at Cherokee State Bank?

Yes. Cherokee State Bank is an FDIC-insured institution (FDIC certificate #951). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 15.1% of deposits ($33.0M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 13.03%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

2 locations

Branches

Cherokee State Bank lists 2 offices in 2 cities. Most locations:

  • Aurelia, IA (1)
  • Cherokee, IA (1)

All branch addresses and map

Identity & history

Profile

Legal name
Cherokee State Bank
Type
State-chartered bank
FDIC certificate #
951
RSSD ID
205542
Primary regulator
FDIC
Established
October 8, 1888
Headquarters
212 W Willow St, Cherokee, IA 51012
Employees
30

Quick answers

Cherokee State Bank: common questions

Is Cherokee State Bank FDIC insured?

Yes. Cherokee State Bank is an FDIC-insured institution (FDIC certificate #951). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Cherokee State Bank's TellerScore?

83 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Cherokee State Bank ever failed?

There is no failure record for FDIC certificate #951 in the FDIC failed bank list.

How many branches does Cherokee State Bank have?

2 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Cherokee

InstitutionScoreAssetsCapitalProblem loansCompare
The Citizens First National Bank of Storm LakeBank Storm Lake, IA99 out of 100, Very strong$256.5M15.9%0.03%vs
FNB BankBank Fontanelle, IA91 out of 100, Very strong$274.6M14.5%0.02%vs
The Farmers State BankBank Marcus, IA88 out of 100, Very strong$77.2M13.2%0.51%vs
Citizens Community Credit UnionCredit union Fort Dodge, IA88 out of 100, Very strong$253.6M19.1%0.73%vs
Iowa State BankBank Hull, IA78 out of 100, Strong$1.3B11.7%0.06%vs
Security State BankBank Sutherland, IA77 out of 100, Strong$492.3M11.1%0.23%vs