Iowa State Bank is a state-chartered bank headquartered in Algona, Iowa, in business for about 98 years. At the end of Q2 2026 it reported $470.7M in total assets and $378.9M in deposits, with 5 offices.
Based on its Q2 2026 filing, Iowa State Bank scores 73/100, which we describe as strong. That is higher than 53% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 109th. Its strongest component is problem-loan coverage (98/100; 1.0%), and its lowest is funding & liquidity (55/100; 79% loans-to-deposits, 38% uninsured).
TellerScore · Q2 2026
Scorecard
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 4 points (69 → 73), mostly because the earnings component improved by 14 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 67 |
| Q3 2024 | 66 |
| Q4 2024 | 67 |
| Q1 2025 | 67 |
| Q2 2025 | 69 |
| Q3 2025 | 68 |
| Q4 2025 | 70 |
| Q1 2026 | 72 |
| Q2 2026 | 73 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.40% |
| Q3 2024 | 10.40% |
| Q4 2024 | 10.61% |
| Q1 2025 | 10.81% |
| Q2 2025 | 10.94% |
| Q3 2025 | 10.95% |
| Q4 2025 | 11.02% |
| Q1 2026 | 11.04% |
| Q2 2026 | 11.17% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.12% |
| Q3 2024 | 0.22% |
| Q4 2024 | 0.30% |
| Q1 2025 | 0.24% |
| Q2 2025 | 0.15% |
| Q3 2025 | 0.28% |
| Q4 2025 | 0.21% |
| Q1 2026 | 0.12% |
| Q2 2026 | 0.15% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.58% |
| Q3 2024 | 0.60% |
| Q4 2024 | 0.62% |
| Q1 2025 | 0.61% |
| Q2 2025 | 0.74% |
| Q3 2025 | 0.82% |
| Q4 2025 | 0.81% |
| Q1 2026 | 0.94% |
| Q2 2026 | 1.11% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 73 | $470.7M | 11.17% | 0.15% | 1.11% | 79.2% |
| Q1 2026 | 72 | $479.8M | 11.04% | 0.12% | 0.94% | 77.3% |
| Q4 2025 | 70 | $467.7M | 11.02% | 0.21% | 0.81% | 79.4% |
| Q3 2025 | 68 | $472.0M | 10.95% | 0.28% | 0.82% | 85.9% |
| Q2 2025 | 69 | $465.2M | 10.94% | 0.15% | 0.74% | 87.3% |
| Q1 2025 | 67 | $458.0M | 10.81% | 0.24% | 0.61% | 82.3% |
| Q4 2024 | 67 | $467.5M | 10.61% | 0.30% | 0.62% | 80.0% |
| Q3 2024 | 66 | $482.3M | 10.40% | 0.22% | 0.60% | 84.1% |
| Q2 2024 | 67 | $473.1M | 10.40% | 0.12% | 0.58% | 85.7% |
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).
Similar-size banks in Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Northeast Security BankBank Sumner, IA | 77 out of 100, Strong | $461.9M | 10.8% | 0.00% | vs |
| Iowa State BankBank Des Moines, IA | 95 out of 100, Very strong | $480.5M | 15.9% | 0.00% | vs |
| NSB BankBank Mason City, IA | 62 out of 100, Moderate | $460.8M | 8.5% | 0.32% | vs |
| Home State BankBank Jefferson, IA | 38 out of 100, Low | $480.7M | 8.9% | 2.21% | vs |
| American Bank and Trust Company, National AssociationBank Davenport, IA | 61 out of 100, Moderate | $480.9M | 10.1% | 0.86% | vs |
| Rolling Hills Bank & TrustBank Atlantic, IA | 77 out of 100, Strong | $484.4M | 11.8% | 0.30% | vs |
Deposit insurance
Is my money safe at Iowa State Bank?
Yes. Iowa State Bank is an FDIC-insured institution (FDIC certificate #950). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 38.3% of deposits ($145.0M) 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 11.17%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 17.05% (benchmark: 10%).
5 locations
Branches
Iowa State Bank lists 4 offices in 4 cities. Most locations:
- Algona, IA (1)
- Corwith, IA (1)
- Ruthven, IA (1)
- Wesley, IA (1)
Identity & history
Profile
- Legal name
- Iowa State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 950
- RSSD ID
- 734248
- Primary regulator
- FDIC
- Holding company
- Mid-Iowa Bancshares Co
- Established
- January 1, 1928
- Headquarters
- 5 E Call St, Algona, IA 50511
- Website
- www.bankisb.com
- Employees
- 49
Quick answers
Iowa State Bank: common questions
Is Iowa State Bank FDIC insured?
Yes. Iowa State Bank is an FDIC-insured institution (FDIC certificate #950). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Iowa State Bank's TellerScore?
73 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 Iowa State Bank ever failed?
There is no failure record for FDIC certificate #950 in the FDIC failed bank list.
How many branches does Iowa State Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Algona
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First State BankBank Britt, IA | 93 out of 100, Very strong | $125.9M | 17.7% | 0.00% | vs |
| Citizens Community Credit UnionCredit union Fort Dodge, IA | 88 out of 100, Very strong | $253.6M | 19.1% | 0.73% | vs |
| West Iowa BankBank West Bend, IA | 82 out of 100, Strong | $222.1M | 11.9% | 0.01% | vs |
| Farmers State BankBank Algona, IA | 76 out of 100, Strong | $150.5M | 12.7% | 0.91% | vs |
| United Bank of IowaBank Ida Grove, IA | 73 out of 100, Strong | $2.5B | 10.3% | 0.26% | vs |
| Security State BankBank Algona, IA | 72 out of 100, Strong | $109.8M | 27.3% | 2.14% | vs |