TellerScore

First State Bank (FDIC certificate #16177) is based in Stuart, Iowa. Its Q2 2026 call report shows $129.7M in total assets and $114.0M in deposits and 4 offices.

Based on its Q2 2026 filing, First State Bank scores 82/100, which we describe as strong. That is higher than 82% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 51st. Its strongest component is problem-loan coverage (100/100; 0.1%), and its lowest is earnings (66/100; 1.15%).

TellerScore · Q2 2026

Scorecard

Capital cushion69/100
Tier 1 leverage ratio: 11.95%
Loan quality99/100
Noncurrent loans ÷ total loans: 0.03%
Earnings66/100
Return on assets (annualized): 1.15%
Funding & liquidity92/100
Loans ÷ deposits and uninsured-deposit share: 47.5% · 22.6% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.11%

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

From Q2 2025 to Q2 2026, the score fell 4 points (86 → 82), mostly because the earnings component weakened by 16 points.

TellerScore
727986Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202472
Q3 202475
Q4 202478
Q1 202579
Q2 202586
Q3 202585
Q4 202583
Q1 202682
Q2 202682
Tier 1 leverage ratio
5.00%8.56%12.11%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.03%
Q3 202411.10%
Q4 202410.85%
Q1 202510.88%
Q2 202511.62%
Q3 202512.11%
Q4 202511.92%
Q1 202611.79%
Q2 202611.95%
Noncurrent loans
0.00%0.18%0.35%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.15%
Q3 20240.35%
Q4 20240.02%
Q1 20250.00%
Q2 20250.00%
Q3 20250.00%
Q4 20250.00%
Q1 20260.04%
Q2 20260.03%
Return on assets
0.63%1.09%1.54%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.63%
Q3 20240.83%
Q4 20240.89%
Q1 20250.96%
Q2 20251.54%
Q3 20251.21%
Q4 20251.15%
Q1 20261.12%
Q2 20261.15%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202682$129.7M11.95%0.03%1.15%47.5%
Q1 202682$130.3M11.79%0.04%1.12%44.8%
Q4 202583$128.7M11.92%0.00%1.15%50.2%
Q3 202585$119.0M12.11%0.00%1.21%58.4%
Q2 202586$122.2M11.62%0.00%1.54%56.6%
Q1 202579$126.2M10.88%0.00%0.96%53.5%
Q4 202478$121.1M10.85%0.02%0.89%57.1%
Q3 202475$119.0M11.10%0.35%0.83%55.5%
Q2 202472$122.5M10.03%0.15%0.63%52.8%

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 ratio11.95%
65th
Total risk-based capital29.07%
96th
Problem loans0.03%
81st
Net charge-offs-0.01%
90th
Return on assets1.15%
44th
Net interest margin3.86%
46th
Efficiency ratio61.9%
52nd
Loans to deposits47.5%
93rd
Uninsured deposits22.6%
55th
Loan-loss reserves2.18%
95th
Texas ratio0.1%
85th

Similar-size banks in Iowa

InstitutionScoreAssetsCapitalProblem loansCompare
Farmers Savings BankBank Wever, IA80 out of 100, Strong$130.5M13.7%0.27%vs
Cedar Valley Bank & TrustBank La Porte City, IA54 out of 100, Below average$126.3M9.0%1.27%vs
First State BankBank Britt, IA93 out of 100, Very strong$125.9M17.7%0.00%vs
The State Bank of ToledoBank Toledo, IA52 out of 100, Below average$134.6M9.8%2.04%vs
Union State BankBank Winterset, IA70 out of 100, Strong$136.5M8.1%0.00%vs
Pocahontas State BankBank Pocahontas, IA71 out of 100, Strong$122.6M26.4%1.93%vs

Deposit insurance

Is my money safe at First State Bank?

Yes. First State Bank is an FDIC-insured institution (FDIC certificate #16177). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 22.6% of deposits ($25.8M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.95%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 29.07% (benchmark: 10%).

Check how much of your own balance is covered

4 locations

Branches

First State Bank lists 3 offices in 3 cities. Most locations:

  • Dexter, IA (1)
  • Redfield, IA (1)
  • Stuart, IA (1)

All branch addresses and map

Identity & history

Profile

Legal name
First State Bank
Type
State-chartered bank
FDIC certificate #
16177
RSSD ID
190947
Primary regulator
FDIC
Established
January 1, 1934
Headquarters
215 N Division St, Stuart, IA 50250
Employees
22

Quick answers

First State Bank: common questions

Is First State Bank FDIC insured?

Yes. First State Bank is an FDIC-insured institution (FDIC certificate #16177). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First State Bank's TellerScore?

82 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 First State Bank ever failed?

There is no failure record for FDIC certificate #16177 in the FDIC failed bank list.

How many branches does First State Bank have?

4 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Stuart

InstitutionScoreAssetsCapitalProblem loansCompare
FNB BankBank Fontanelle, IA91 out of 100, Very strong$274.6M14.5%0.02%vs
Farmers State BankBank Yale, IA90 out of 100, Very strong$72.6M12.0%0.00%vs
American State BankBank Osceola, IA83 out of 100, Strong$360.8M11.1%0.04%vs
Farmers and Merchants State BankBank Winterset, IA78 out of 100, Strong$271.7M10.7%0.00%vs
Rolling Hills Bank & TrustBank Atlantic, IA77 out of 100, Strong$484.4M11.8%0.30%vs
Guthrie County State BankBank Panora, IA77 out of 100, Strong$279.2M12.3%0.16%vs