State Savings Bank is a state-chartered bank headquartered in Bedford, Iowa, in business for about 111 years. At the end of Q2 2026 it reported $207.2M in total assets and $181.3M in deposits, with 5 offices.
Based on its Q2 2026 filing, State Savings Bank scores 70/100, which we describe as strong. That is higher than only 43% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 136th. Its strongest component is earnings (91/100; 1.78%), and its lowest is capital cushion (50/100; 10.04%).
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
The score has been essentially flat from Q2 2025 to Q2 2026 (69 → 70).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 71 |
| Q3 2024 | 72 |
| Q4 2024 | 70 |
| Q1 2025 | 73 |
| Q2 2025 | 69 |
| Q3 2025 | 70 |
| Q4 2025 | 68 |
| Q1 2026 | 68 |
| Q2 2026 | 70 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.29% |
| Q3 2024 | 10.63% |
| Q4 2024 | 10.00% |
| Q1 2025 | 10.18% |
| Q2 2025 | 9.94% |
| Q3 2025 | 10.64% |
| Q4 2025 | 10.30% |
| Q1 2026 | 10.40% |
| Q2 2026 | 10.04% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.33% |
| Q3 2024 | 0.31% |
| Q4 2024 | 0.23% |
| Q1 2025 | 0.19% |
| Q2 2025 | 0.38% |
| Q3 2025 | 0.55% |
| Q4 2025 | 0.62% |
| Q1 2026 | 0.86% |
| Q2 2026 | 0.72% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.40% |
| Q3 2024 | 1.26% |
| Q4 2024 | 1.20% |
| Q1 2025 | 1.37% |
| Q2 2025 | 1.39% |
| Q3 2025 | 1.43% |
| Q4 2025 | 1.46% |
| Q1 2026 | 1.55% |
| Q2 2026 | 1.78% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 70 | $207.2M | 10.04% | 0.72% | 1.78% | 101.3% |
| Q1 2026 | 68 | $208.6M | 10.40% | 0.86% | 1.55% | 97.6% |
| Q4 2025 | 68 | $196.3M | 10.30% | 0.62% | 1.46% | 105.8% |
| Q3 2025 | 70 | $190.9M | 10.64% | 0.55% | 1.43% | 102.6% |
| Q2 2025 | 69 | $190.0M | 9.94% | 0.38% | 1.39% | 104.1% |
| Q1 2025 | 73 | $196.5M | 10.18% | 0.19% | 1.37% | 97.9% |
| Q4 2024 | 70 | $186.3M | 10.00% | 0.23% | 1.20% | 104.9% |
| Q3 2024 | 72 | $183.2M | 10.63% | 0.31% | 1.26% | 101.9% |
| Q2 2024 | 71 | $176.5M | 10.29% | 0.33% | 1.40% | 106.6% |
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 |
|---|---|---|---|---|---|
| Farmers & Merchants Bank & TrustBank Burlington, IA | 60 out of 100, Moderate | $208.2M | 10.7% | 1.66% | vs |
| Houghton State BankBank Red Oak, IA | 69 out of 100, Moderate | $204.8M | 15.4% | 2.58% | vs |
| Iowa Trust and Savings BankBank Centerville, IA | 91 out of 100, Very strong | $210.6M | 13.5% | 0.01% | vs |
| Farmers Savings Bank & TrustBank Traer, IA | 81 out of 100, Strong | $212.7M | 10.3% | 0.00% | vs |
| Iowa Falls State BankBank Iowa Falls, IA | 71 out of 100, Strong | $201.5M | 8.6% | 0.25% | vs |
| Iowa State BankBank Sac City, IA | 64 out of 100, Moderate | $213.3M | 11.5% | 1.84% | vs |
Deposit insurance
Is my money safe at State Savings Bank?
Yes. State Savings Bank is an FDIC-insured institution (FDIC certificate #14773). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 14.3% of deposits ($26.0M) 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 10.04%, 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%).
5 locations
Branches
State Savings Bank lists 5 offices in 5 cities. Most locations:
- Bedford, IA (1)
- Cherokee, IA (1)
- Clearfield, IA (1)
- Creston, IA (1)
- Marcus, IA (1)
Identity & history
Profile
- Legal name
- State Savings Bank
- Type
- State-chartered bank
- FDIC certificate #
- 14773
- RSSD ID
- 792640
- Primary regulator
- FDIC
- Holding company
- SSB Bcorp Inc
- Established
- January 1, 1915
- Headquarters
- 612 Central Ave, Bedford, IA 50833
- Website
- www.statesavings.bank
- Employees
- 26
Quick answers
State Savings Bank: common questions
Is State Savings Bank FDIC insured?
Yes. State Savings Bank is an FDIC-insured institution (FDIC certificate #14773). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is State Savings Bank's TellerScore?
70 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 State Savings Bank ever failed?
There is no failure record for FDIC certificate #14773 in the FDIC failed bank list.
How many branches does State Savings Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Bedford
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Cornerstone BankBank Clarinda, IA | 83 out of 100, Strong | $42.0M | 15.2% | 0.47% | vs |
| PCSB BankBank Clarinda, IA | 77 out of 100, Strong | $326.1M | 11.1% | 0.25% | vs |
| Iowa State Savings BankBank Creston, IA | 74 out of 100, Strong | $276.5M | 9.4% | 0.20% | vs |
| First Interstate BankBank Billings, MT | 62 out of 100, Moderate | $25.8B | 9.4% | 1.12% | vs |
| Bank IowaBank West Des Moines, IA | 54 out of 100, Below average | $2.3B | 8.9% | 1.38% | vs |