Headquartered in Palo, Iowa, Palo Savings Bank is a state-chartered bank with $49.2M in total assets and $45.3M in deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1908.
Based on its Q2 2026 filing, Palo Savings Bank scores 81/100, which we describe as strong. That is higher than 68% of 546 banks with under $100 million in assets. Among 226 banks headquartered in Iowa, it ranks 57th. Its strongest component is funding & liquidity (100/100; 48% loans-to-deposits, 14% uninsured), and its lowest is earnings (65/100; 1.14%).
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 3 points (78 → 81), mostly because the earnings component improved by 13 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 79 |
| Q3 2024 | 80 |
| Q4 2024 | 79 |
| Q1 2025 | 78 |
| Q2 2025 | 78 |
| Q3 2025 | 82 |
| Q4 2025 | 81 |
| Q1 2026 | 80 |
| Q2 2026 | 81 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.77% |
| Q3 2024 | 12.10% |
| Q4 2024 | 11.91% |
| Q1 2025 | 11.91% |
| Q2 2025 | 11.75% |
| Q3 2025 | 12.44% |
| Q4 2025 | 12.16% |
| Q1 2026 | 11.89% |
| Q2 2026 | 11.71% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.20% |
| Q3 2024 | 0.19% |
| Q4 2024 | 0.18% |
| Q1 2025 | 0.17% |
| Q2 2025 | 0.28% |
| Q3 2025 | 0.12% |
| Q4 2025 | 0.19% |
| Q1 2026 | 0.33% |
| Q2 2026 | 0.19% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.83% |
| Q3 2024 | 0.85% |
| Q4 2024 | 0.80% |
| Q1 2025 | 0.61% |
| Q2 2025 | 0.79% |
| Q3 2025 | 0.85% |
| Q4 2025 | 0.91% |
| Q1 2026 | 1.06% |
| Q2 2026 | 1.14% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 81 | $49.2M | 11.71% | 0.19% | 1.14% | 47.7% |
| Q1 2026 | 80 | $50.4M | 11.89% | 0.33% | 1.06% | 46.4% |
| Q4 2025 | 81 | $47.3M | 12.16% | 0.19% | 0.91% | 51.9% |
| Q3 2025 | 82 | $46.7M | 12.44% | 0.12% | 0.85% | 50.2% |
| Q2 2025 | 78 | $48.0M | 11.75% | 0.28% | 0.79% | 48.1% |
| Q1 2025 | 78 | $49.2M | 11.91% | 0.17% | 0.61% | 47.6% |
| Q4 2024 | 79 | $46.6M | 11.91% | 0.18% | 0.80% | 50.3% |
| Q3 2024 | 80 | $46.7M | 12.10% | 0.19% | 0.85% | 50.2% |
| Q2 2024 | 79 | $47.6M | 11.77% | 0.20% | 0.83% | 48.9% |
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).
Similar-size banks in Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Benton County State BankBank Blairstown, IA | 87 out of 100, Very strong | $50.8M | 15.2% | 0.00% | vs |
| The Exchange State BankBank Springville, IA | 70 out of 100, Strong | $52.7M | 9.5% | 0.57% | vs |
| ITS BankBank Johnston, IA | 98 out of 100, Very strong | $45.2M | 97.5% | 0.00% | vs |
| Ashton State BankBank Ashton, IA | 84 out of 100, Strong | $54.5M | 14.7% | 0.88% | vs |
| Montezuma State BankBank Montezuma, IA | 68 out of 100, Moderate | $54.6M | 14.9% | 6.94% | vs |
| Defiance State BankBank Defiance, IA | 68 out of 100, Moderate | $42.6M | 9.9% | 0.08% | vs |
Deposit insurance
Is my money safe at Palo Savings Bank?
Yes. Palo Savings Bank is an FDIC-insured institution (FDIC certificate #13990). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 14.2% of deposits ($6.4M) are above the $250,000 FDIC insurance limit, close to the peer median of 16%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 11.71%, 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%).
1 location
Branches
Palo Savings Bank lists 1 office in 1 city. Most locations:
- Palo, IA (1)
Identity & history
Profile
- Legal name
- Palo Savings Bank
- Type
- State-chartered bank
- FDIC certificate #
- 13990
- RSSD ID
- 90047
- Primary regulator
- FDIC
- Holding company
- Bankers Equity Corp
- Established
- January 1, 1908
- Headquarters
- 2801 Hollenbeck Rd, Palo, IA 52324
- Website
- www.palosavingsbank.com
- Employees
- 7
Quick answers
Palo Savings Bank: common questions
Is Palo Savings Bank FDIC insured?
Yes. Palo Savings Bank is an FDIC-insured institution (FDIC certificate #13990). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Palo Savings Bank's TellerScore?
81 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 Palo Savings Bank ever failed?
There is no failure record for FDIC certificate #13990 in the FDIC failed bank list.
How many branches does Palo Savings Bank have?
1 office as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Palo
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Chelsea Savings BankBank Belle Plaine, IA | 93 out of 100, Very strong | $196.9M | 16.0% | 0.24% | vs |
| Metco Credit UnionCredit union Cedar Rapids, IA | 92 out of 100, Very strong | $58.7M | 18.8% | 0.70% | vs |
| Farmers State BankBank Marion, IA | 91 out of 100, Very strong | $1.1B | 14.4% | 0.21% | vs |
| Cedar Rapids Bank and Trust CompanyBank Cedar Rapids, IA | 87 out of 100, Very strong | $2.9B | 16.9% | 0.54% | vs |
| The Watkins Savings BankBank Watkins, IA | 87 out of 100, Very strong | $86.7M | 14.8% | 0.00% | vs |
| Benton County State BankBank Blairstown, IA | 87 out of 100, Very strong | $50.8M | 15.2% | 0.00% | vs |