TellerScore

Headquartered in Ipswich, South Dakota, Ipswich State Bank is a state-chartered bank with $74.2M in total assets and $62.3M in deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1938.

Ipswich State Bank has a TellerScore of 86 out of 100 (very strong) based on Q2 2026 data — higher than 81% of its 546 banks with under $100 million in assets. Among 56 banks headquartered in South Dakota, it ranks 9th. Capital cushion contributes the most (100/100, 15.46%); loan quality contributes the least (56/100, 1.31%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Tier 1 leverage ratio: 15.46%
Loan quality56/100
Noncurrent loans ÷ total loans: 1.31%
Earnings93/100
Return on assets (annualized): 1.83%
Funding & liquidity92/100
Loans ÷ deposits and uninsured-deposit share: 58.6% · 22.7% uninsured
Problem-loan coverage92/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 4.23%

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 11 points (97 → 86), mostly because the loan quality component weakened by 44 points.

TellerScore
869297Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202493
Q3 202494
Q4 202494
Q1 202596
Q2 202597
Q3 202596
Q4 202596
Q1 202695
Q2 202686
Tier 1 leverage ratio
5.00%10.67%16.34%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202414.97%
Q3 202416.04%
Q4 202415.72%
Q1 202515.19%
Q2 202515.45%
Q3 202516.34%
Q4 202515.44%
Q1 202614.65%
Q2 202615.46%
Noncurrent loans
0.00%0.65%1.31%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.00%
Q3 20240.00%
Q4 20240.00%
Q1 20250.00%
Q2 20250.00%
Q3 20250.00%
Q4 20250.00%
Q1 20260.00%
Q2 20261.31%
Return on assets
1.25%1.54%1.83%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.25%
Q3 20241.34%
Q4 20241.35%
Q1 20251.66%
Q2 20251.72%
Q3 20251.74%
Q4 20251.71%
Q1 20261.64%
Q2 20261.83%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202686$74.2M15.46%1.31%1.83%58.6%
Q1 202695$70.9M14.65%0.00%1.64%52.7%
Q4 202596$75.1M15.44%0.00%1.71%54.5%
Q3 202596$70.5M16.34%0.00%1.74%61.2%
Q2 202597$67.2M15.45%0.00%1.72%54.5%
Q1 202596$68.5M15.19%0.00%1.66%47.7%
Q4 202494$66.8M15.72%0.00%1.35%57.2%
Q3 202494$64.5M16.04%0.00%1.34%55.4%
Q2 202493$67.4M14.97%0.00%1.25%49.3%

546 peers · Under $100 million in assets

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 ratio15.46%
72nd
Total risk-based capital25.94%
83rd
Problem loans1.31%
29th
Net charge-offs0.00%
58th
Return on assets1.83%
85th
Net interest margin3.80%
46th
Efficiency ratio46.9%
93rd
Loans to deposits58.6%
61st
Uninsured deposits22.7%
26th
Loan-loss reserves0.69%
13th
Texas ratio4.2%
36th

Similar-size banks in South Dakota

InstitutionScoreAssetsCapitalProblem loansCompare
Community BankBank Avon, SD76 out of 100, Strong$69.3M12.2%0.60%vs
State Bank of Eagle ButteBank Eagle Butte, SD78 out of 100, Strong$80.3M12.4%0.07%vs
Farmers State Bank of CantonBank Canton, SD70 out of 100, Strong$81.6M8.7%0.00%vs
The Security State BankBank Emery, SD99 out of 100, Very strong$64.8M19.5%0.00%vs
First Western Federal Savings BankBank Rapid City, SD92 out of 100, Very strong$63.5M18.1%0.00%vs
Western Dakota BankBank Timber Lake, SD66 out of 100, Moderate$85.6M9.2%0.62%vs

Deposit insurance

Is my money safe at Ipswich State Bank?

Yes. Ipswich State Bank is an FDIC-insured institution (FDIC certificate #15593). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 22.7% of deposits ($14.1M) are above the $250,000 FDIC insurance limit, above the peer median of 16%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 15.46%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 25.94% (benchmark: 10%).

Check how much of your own balance is covered

1 location

Branches

Ipswich State Bank lists 1 office in 1 city. Most locations:

  • Ipswich, SD (1)

All branch addresses and map

Identity & history

Profile

Legal name
Ipswich State Bank
Type
State-chartered bank
FDIC certificate #
15593
RSSD ID
532453
Primary regulator
FDIC
Holding company
Ipswich Cmty Bancshares Inc
Established
April 13, 1938
Headquarters
301 First Avenue, Ipswich, SD 57451
Employees
7

Quick answers

Ipswich State Bank: common questions

Is Ipswich State Bank FDIC insured?

Yes. Ipswich State Bank is an FDIC-insured institution (FDIC certificate #15593). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Ipswich State Bank's TellerScore?

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

Has Ipswich State Bank ever failed?

There is no failure record for FDIC certificate #15593 in the FDIC failed bank list.

How many branches does Ipswich State Bank have?

1 office as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Ipswich

InstitutionScoreAssetsCapitalProblem loansCompare
First State Bank of RoscoeBank Roscoe, SD92 out of 100, Very strong$147.5M13.8%0.00%vs
CorTrust Bank National AssociationBank Mitchell, SD62 out of 100, Moderate$1.6B9.9%0.70%vs