TellerScore

Headquartered in Lansing, Iowa, Kerndt Brothers Savings Bank is a state-chartered bank with $347.2M in total assets and $282.8M in deposits as of Q2 2026. It operates 6 offices. Its charter dates back to 1908.

Based on its Q2 2026 filing, Kerndt Brothers Savings Bank scores 79/100, which we describe as strong. That is higher than 75% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 64th. Its strongest component is earnings (100/100; 2.48%), and its lowest is capital cushion (59/100; 10.88%).

TellerScore · Q2 2026

Scorecard

Capital cushion59/100
Tier 1 leverage ratio: 10.88%
Loan quality78/100
Noncurrent loans ÷ total loans: 0.65%
Earnings100/100
Return on assets (annualized): 2.48%
Funding & liquidity86/100
Loans ÷ deposits and uninsured-deposit share: 71.5% · 17.3% uninsured
Problem-loan coverage93/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 3.26%

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 15 points (64 → 79), mostly because the earnings component improved by 67 points.

TellerScore
506579Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202461
Q3 202456
Q4 202450
Q1 202558
Q2 202564
Q3 202561
Q4 202556
Q1 202670
Q2 202679
Tier 1 leverage ratio
5.00%7.94%10.88%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.44%
Q3 20249.71%
Q4 20249.74%
Q1 202510.12%
Q2 202510.41%
Q3 202510.61%
Q4 202510.63%
Q1 202610.85%
Q2 202610.88%
Noncurrent loans
0.36%1.09%1.82%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.41%
Q3 20241.05%
Q4 20241.82%
Q1 20250.74%
Q2 20250.36%
Q3 20250.86%
Q4 20251.43%
Q1 20261.57%
Q2 20260.65%
Return on assets
0.14%1.83%3.52%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.43%
Q3 20240.45%
Q4 20240.53%
Q1 20250.14%
Q2 20250.33%
Q3 20250.34%
Q4 20250.40%
Q1 20263.52%
Q2 20262.48%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202679$347.2M10.88%0.65%2.48%71.5%
Q1 202670$350.9M10.85%1.57%3.52%75.5%
Q4 202556$335.3M10.63%1.43%0.40%82.3%
Q3 202561$335.7M10.61%0.86%0.34%81.6%
Q2 202564$332.5M10.41%0.36%0.33%83.9%
Q1 202558$337.5M10.12%0.74%0.14%85.6%
Q4 202450$352.2M9.74%1.82%0.53%88.1%
Q3 202456$355.2M9.71%1.05%0.45%87.3%
Q2 202461$350.1M9.44%0.41%0.43%87.8%

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 ratio10.88%
48th
Total risk-based capital0.00%
24th
Problem loans0.65%
39th
Net charge-offs0.00%
59th
Return on assets2.48%
95th
Net interest margin3.55%
30th
Efficiency ratio50.3%
82nd
Loans to deposits71.5%
67th
Uninsured deposits17.3%
74th
Loan-loss reserves1.39%
71st
Texas ratio3.3%
46th

Similar-size banks in Iowa

InstitutionScoreAssetsCapitalProblem loansCompare
Community State BankBank Spencer, IA68 out of 100, Moderate$345.8M10.5%1.24%vs
Commercial Savings BankBank Carroll, IA62 out of 100, Moderate$348.8M8.4%0.99%vs
New Albin Savings BankBank New Albin, IA92 out of 100, Very strong$350.6M15.5%0.00%vs
Iowa State Bank and Trust Company of Fairfield, IowaBank Fairfield, IA64 out of 100, Moderate$352.1M8.0%0.10%vs
Glenwood State BankBank Glenwood, IA77 out of 100, Strong$352.9M12.5%1.51%vs
Premier BankBank Dubuque, IA67 out of 100, Moderate$357.7M8.9%0.07%vs

Deposit insurance

Is my money safe at Kerndt Brothers Savings Bank?

Yes. Kerndt Brothers Savings Bank is an FDIC-insured institution (FDIC certificate #8761). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 17.3% of deposits ($49.1M) 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 10.88%, 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

6 locations

Branches

Kerndt Brothers Savings Bank lists 6 offices in 6 cities. Most locations:

  • Cedar Rapids, IA (1)
  • Clermont, IA (1)
  • Decorah, IA (1)
  • Lansing, IA (1)
  • Waukon, IA (1)
  • West Union, IA (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Kerndt Brothers Savings Bank reported 55 home-loan applications under HMDA (LEI 549300C1FRYGOIEXG035): 37 originated ($11,065,000 total), 11 denied, and 6 withdrawn or closed by the applicant. Its denial rate on decided applications was 22.4%, 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
Kerndt Brothers Savings Bank
Type
State-chartered bank
FDIC certificate #
8761
RSSD ID
665146
Primary regulator
FDIC
Holding company
Kerndt Bank Services Inc
Established
January 14, 1908
Headquarters
370 Main St, Lansing, IA 52151
Employees
54

Quick answers

Kerndt Brothers Savings Bank: common questions

Is Kerndt Brothers Savings Bank FDIC insured?

Yes. Kerndt Brothers Savings Bank is an FDIC-insured institution (FDIC certificate #8761). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Kerndt Brothers Savings Bank's TellerScore?

79 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 Kerndt Brothers Savings Bank ever failed?

There is no failure record for FDIC certificate #8761 in the FDIC failed bank list.

How many branches does Kerndt Brothers Savings Bank have?

6 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Lansing

InstitutionScoreAssetsCapitalProblem loansCompare
New Albin Savings BankBank New Albin, IA92 out of 100, Very strong$350.6M15.5%0.00%vs
Peoples State BankBank Prairie Du Chien, WI80 out of 100, Strong$993.0M11.5%0.21%vs
Royal BankBank Elroy, WI79 out of 100, Strong$816.1M10.5%0.06%vs
Waukon State BankBank Waukon, IA78 out of 100, Strong$426.9M10.4%0.00%vs
Westby Co-Op Credit UnionCredit union Westby, WI77 out of 100, Strong$1.0B15.6%1.44%vs
Citizens First BankBank Viroqua, WI75 out of 100, Strong$344.5M10.3%0.44%vs