TellerScore

Glenwood State Bank is a state-chartered bank (fed member) headquartered in Glenwood, Iowa, in business for about 127 years. At the end of Q2 2026 it reported $352.9M in total assets and $307.7M in deposits, with 4 offices.

Based on its Q2 2026 filing, Glenwood State Bank scores 77/100, which we describe as strong. That is higher than 68% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 80th. Its strongest component is earnings (100/100; 2.69%), and its lowest is loan quality (50/100; 1.51%).

TellerScore · Q2 2026

Scorecard

Capital cushion75/100
Tier 1 leverage ratio: 12.45%
Loan quality50/100
Noncurrent loans ÷ total loans: 1.51%
Earnings100/100
Return on assets (annualized): 2.69%
Funding & liquidity87/100
Loans ÷ deposits and uninsured-deposit share: 53.4% · 26.7% uninsured
Problem-loan coverage89/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 5.57%

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 rose 8 points (69 → 77), mostly because the earnings component improved by 21 points.

TellerScore
597284Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202463
Q3 202461
Q4 202459
Q1 202563
Q2 202569
Q3 202576
Q4 202574
Q1 202684
Q2 202677
Tier 1 leverage ratio
5.00%8.73%12.45%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.91%
Q3 202411.16%
Q4 202411.04%
Q1 202511.40%
Q2 202511.59%
Q3 202511.85%
Q4 202511.71%
Q1 202612.21%
Q2 202612.45%
Noncurrent loans
0.63%1.37%2.10%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.66%
Q3 20241.98%
Q4 20242.07%
Q1 20252.10%
Q2 20251.78%
Q3 20250.70%
Q4 20250.90%
Q1 20260.63%
Q2 20261.51%
Return on assets
0.90%1.98%3.06%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.00%
Q3 20241.03%
Q4 20240.90%
Q1 20251.36%
Q2 20251.47%
Q3 20251.12%
Q4 20251.22%
Q1 20263.06%
Q2 20262.69%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202677$352.9M12.45%1.51%2.69%53.4%
Q1 202684$362.1M12.21%0.63%3.06%49.0%
Q4 202574$331.1M11.71%0.90%1.22%53.3%
Q3 202576$329.0M11.85%0.70%1.12%53.0%
Q2 202569$316.5M11.59%1.78%1.47%52.3%
Q1 202563$330.4M11.40%2.10%1.36%50.4%
Q4 202459$316.3M11.04%2.07%0.90%54.8%
Q3 202461$321.5M11.16%1.98%1.03%52.1%
Q2 202463$304.7M10.91%1.66%1.00%56.0%

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 ratio12.45%
70th
Total risk-based capital0.00%
24th
Problem loans1.51%
18th
Net charge-offs0.22%
11th
Return on assets2.69%
97th
Net interest margin4.00%
54th
Efficiency ratio31.0%
99th
Loans to deposits53.4%
89th
Uninsured deposits26.7%
39th
Loan-loss reserves1.11%
40th
Texas ratio5.6%
32nd

Similar-size banks in Iowa

InstitutionScoreAssetsCapitalProblem loansCompare
Iowa State Bank and Trust Company of Fairfield, IowaBank Fairfield, IA64 out of 100, Moderate$352.1M8.0%0.10%vs
New Albin Savings BankBank New Albin, IA92 out of 100, Very strong$350.6M15.5%0.00%vs
Commercial Savings BankBank Carroll, IA62 out of 100, Moderate$348.8M8.4%0.99%vs
Premier BankBank Dubuque, IA67 out of 100, Moderate$357.7M8.9%0.07%vs
Kerndt Brothers Savings BankBank Lansing, IA79 out of 100, Strong$347.2M10.9%0.65%vs
Community State BankBank Spencer, IA68 out of 100, Moderate$345.8M10.5%1.24%vs

Deposit insurance

Is my money safe at Glenwood State Bank?

Yes. Glenwood State Bank is an FDIC-insured institution (FDIC certificate #956). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 26.7% of deposits ($82.3M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 12.45%, 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

4 locations

Branches

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

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Glenwood State Bank reported 167 home-loan applications under HMDA (LEI 54930094PMFTE71NZK32): 160 originated ($24,600,000 total), 2 denied, and 5 withdrawn or closed by the applicant. Its denial rate on decided applications was 1.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Glenwood State Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
956
RSSD ID
566243
Primary regulator
FED
Holding company
Glenwood Bcorp
Established
January 1, 1899
Headquarters
32 N Walnut St, Glenwood, IA 51534
Employees
38

Quick answers

Glenwood State Bank: common questions

Is Glenwood State Bank FDIC insured?

Yes. Glenwood State Bank is an FDIC-insured institution (FDIC certificate #956). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Glenwood State Bank's TellerScore?

77 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 Glenwood State Bank ever failed?

There is no failure record for FDIC certificate #956 in the FDIC failed bank list.

How many branches does Glenwood State Bank have?

4 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Glenwood

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Greenwich Municipal Employees Federal Credit UnionCredit union Greenwich, CT89 out of 100, Very strong$32.6M14.5%0.87%vs
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