TellerScore

Headquartered in New Washington, Indiana, The New Washington State Bank is a state-chartered bank with $798.1M in total assets and $721.6M in deposits as of Q2 2026. It operates 12 offices. Its charter dates back to 1908.

Based on its Q2 2026 filing, The New Washington State Bank scores 60/100, which we describe as moderate. That is higher than only 19% of 2,650 banks with $100 million – $1 billion. Among 88 banks headquartered in Indiana, it ranks 61st. Its strongest component is problem-loan coverage (82/100; 9.1%), and its lowest is capital cushion (43/100; 9.33%).

TellerScore · Q2 2026

Scorecard

Capital cushion43/100
Tier 1 leverage ratio: 9.33%
Loan quality72/100
Noncurrent loans ÷ total loans: 0.83%
Earnings57/100
Return on assets (annualized): 0.93%
Funding & liquidity61/100
Loans ÷ deposits and uninsured-deposit share: 73.0% · 38.9% uninsured
Problem-loan coverage82/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 9.13%

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 (60 → 60).

TellerScore
596367Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202463
Q3 202463
Q4 202463
Q1 202563
Q2 202560
Q3 202559
Q4 202560
Q1 202667
Q2 202660
Tier 1 leverage ratio
5.00%7.84%10.68%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.68%
Q3 202410.24%
Q4 202410.12%
Q1 20259.93%
Q2 20259.61%
Q3 20259.48%
Q4 20259.68%
Q1 20269.77%
Q2 20269.33%
Noncurrent loans
0.28%0.64%1.01%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.01%
Q3 20240.86%
Q4 20240.76%
Q1 20250.72%
Q2 20250.74%
Q3 20250.84%
Q4 20250.81%
Q1 20260.28%
Q2 20260.83%
Return on assets
0.65%0.79%0.93%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.90%
Q3 20240.88%
Q4 20240.88%
Q1 20250.90%
Q2 20250.66%
Q3 20250.73%
Q4 20250.65%
Q1 20260.89%
Q2 20260.93%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202660$798.1M9.33%0.83%0.93%73.0%
Q1 202667$769.0M9.77%0.28%0.89%73.9%
Q4 202560$762.9M9.68%0.81%0.65%72.7%
Q3 202559$637.3M9.48%0.84%0.73%75.3%
Q2 202560$644.8M9.61%0.74%0.66%73.1%
Q1 202563$614.7M9.93%0.72%0.90%74.9%
Q4 202463$583.2M10.12%0.76%0.88%76.2%
Q3 202463$567.6M10.24%0.86%0.88%74.0%
Q2 202463$557.0M10.68%1.01%0.90%74.6%

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).

Capital ratio9.33%
18th
Total risk-based capital0.00%
24th
Problem loans0.83%
33rd
Net charge-offs0.08%
23rd
Return on assets0.93%
30th
Net interest margin3.89%
47th
Efficiency ratio70.0%
30th
Loans to deposits73.0%
64th
Uninsured deposits38.9%
11th
Loan-loss reserves1.25%
57th
Texas ratio9.1%
20th

Similar-size banks in Indiana

InstitutionScoreAssetsCapitalProblem loansCompare
FCN Bank, National AssociationBank Brookville, IN73 out of 100, Strong$812.5M9.9%0.02%vs
The North Salem State BankBank North Salem, IN64 out of 100, Moderate$769.6M9.0%0.67%vs
First State Bank of MiddleburyBank Middlebury, IN67 out of 100, Moderate$836.2M13.4%1.55%vs
The Fountain Trust CompanyBank Covington, IN69 out of 100, Moderate$844.6M10.0%0.63%vs
Citizens BankBank Mooresville, IN71 out of 100, Strong$690.6M9.8%0.09%vs
Citizens State Bank of New Castle, IndianaBank New Castle, IN70 out of 100, Strong$908.8M10.5%0.40%vs

Deposit insurance

Is my money safe at The New Washington State Bank?

Yes. The New Washington State Bank is an FDIC-insured institution (FDIC certificate #13305). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 38.9% of deposits ($280.8M) 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 9.33%, 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

12 locations

Branches

The New Washington State Bank lists 12 offices in 10 cities. Most locations:

  • Jeffersonville, IN (3)
  • Borden, IN (1)
  • Charlestown, IN (1)
  • Floyds Knobs, IN (1)
  • Henryville, IN (1)
  • Medora, IN (1)
  • New Albany, IN (1)
  • New Washington, IN (1)
  • Scottsburg, IN (1)
  • Sellersburg, IN (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, The New Washington State Bank reported 136 home-loan applications under HMDA (LEI 549300Q16CNQMW0O1O02): 116 originated ($41,100,000 total), 6 denied, and 12 withdrawn or closed by the applicant. Its denial rate on decided applications was 4.8%, 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
The New Washington State Bank
Type
State-chartered bank
FDIC certificate #
13305
RSSD ID
305442
Primary regulator
FDIC
Holding company
New Independent Bancshares Inc
Established
March 8, 1908
Headquarters
402 E Main St, New Washington, IN 47162
Employees
129

Quick answers

The New Washington State Bank: common questions

Is The New Washington State Bank FDIC insured?

Yes. The New Washington State Bank is an FDIC-insured institution (FDIC certificate #13305). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is The New Washington State Bank's TellerScore?

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

Has The New Washington State Bank ever failed?

There is no failure record for FDIC certificate #13305 in the FDIC failed bank list.

How many branches does The New Washington State Bank have?

12 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near New Washington

InstitutionScoreAssetsCapitalProblem loansCompare
Business and Industrial Federal Credit UnionCredit union Columbus, IN91 out of 100, Very strong$44.9M18.0%0.24%vs
Advanz Federal Credit UnionCredit union Louisville, KY85 out of 100, Very strong$161.6M15.6%0.54%vs
Republic Bank & Trust CompanyBank Louisville, KY84 out of 100, Strong$7.1B14.8%0.56%vs
Scottsburg Building and Loan AssociationBank Scottsburg, IN82 out of 100, Strong$76.9M18.9%0.18%vs
Jefferson Community Federal Credit UnionCredit union Madison, IN79 out of 100, Strong$18.0M10.7%0.05%vs
Clifty Creek Employees Federal Credit UnionCredit union Madison, IN79 out of 100, Strong$16.3M16.9%0.00%vs