Washington State Bank (FDIC certificate #214) is based in Washington, Iowa. Its Q2 2026 call report shows $601.1M in total assets and $510.5M in deposits and 5 offices.
Washington State Bank has a TellerScore of 78 out of 100 (strong) based on Q2 2026 data — higher than 72% of its 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 71st. Problem-loan coverage contributes the most (90/100, 5.1%); funding & liquidity contributes the least (66/100, 71% loans-to-deposits, 37% uninsured).
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 7 points (71 → 78), mostly because the loan quality component improved by 26 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 81 |
| Q3 2024 | 74 |
| Q4 2024 | 75 |
| Q1 2025 | 72 |
| Q2 2025 | 71 |
| Q3 2025 | 73 |
| Q4 2025 | 77 |
| Q1 2026 | 78 |
| Q2 2026 | 78 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 12.40% |
| Q3 2024 | 12.63% |
| Q4 2024 | 12.79% |
| Q1 2025 | 12.04% |
| Q2 2025 | 12.33% |
| Q3 2025 | 12.66% |
| Q4 2025 | 12.24% |
| Q1 2026 | 12.49% |
| Q2 2026 | 12.48% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.27% |
| Q3 2024 | 0.98% |
| Q4 2024 | 1.13% |
| Q1 2025 | 1.01% |
| Q2 2025 | 1.27% |
| Q3 2025 | 1.04% |
| Q4 2025 | 0.48% |
| Q1 2026 | 0.33% |
| Q2 2026 | 0.49% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.45% |
| Q3 2024 | 1.36% |
| Q4 2024 | 1.24% |
| Q1 2025 | 1.39% |
| Q2 2025 | 1.44% |
| Q3 2025 | 1.38% |
| Q4 2025 | 1.35% |
| Q1 2026 | 1.39% |
| Q2 2026 | 1.39% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 78 | $601.1M | 12.48% | 0.49% | 1.39% | 70.6% |
| Q1 2026 | 78 | $596.4M | 12.49% | 0.33% | 1.39% | 71.3% |
| Q4 2025 | 77 | $588.9M | 12.24% | 0.48% | 1.35% | 66.1% |
| Q3 2025 | 73 | $592.8M | 12.66% | 1.04% | 1.38% | 64.4% |
| Q2 2025 | 71 | $568.1M | 12.33% | 1.27% | 1.44% | 64.2% |
| Q1 2025 | 72 | $568.1M | 12.04% | 1.01% | 1.39% | 64.7% |
| Q4 2024 | 75 | $576.6M | 12.79% | 1.13% | 1.24% | 62.2% |
| Q3 2024 | 74 | $568.7M | 12.63% | 0.98% | 1.36% | 63.0% |
| Q2 2024 | 81 | $568.0M | 12.40% | 0.27% | 1.45% | 62.5% |
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 |
|---|---|---|---|---|---|
| Citizens State BankBank Monticello, IA | 66 out of 100, Moderate | $594.4M | 11.5% | 1.46% | vs |
| Peoples Savings BankBank Indianola, IA | 65 out of 100, Moderate | $610.4M | 10.0% | 0.91% | vs |
| Community Savings BankBank Edgewood, IA | 65 out of 100, Moderate | $613.6M | 10.1% | 0.63% | vs |
| Farmers & Merchants Savings BankBank Manchester, IA | 61 out of 100, Moderate | $616.8M | 12.4% | 1.70% | vs |
| Farmers Trust and Savings BankBank Spencer, IA | 57 out of 100, Moderate | $618.0M | 9.5% | 1.45% | vs |
| GNB BankBank Grundy Center, IA | 76 out of 100, Strong | $621.3M | 12.2% | 0.62% | vs |
Deposit insurance
Is my money safe at Washington State Bank?
Yes. Washington State Bank is an FDIC-insured institution (FDIC certificate #214). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 36.8% of deposits ($187.7M) 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 12.48%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 21.65% (benchmark: 10%).
5 locations
Branches
Washington State Bank lists 5 offices in 4 cities. Most locations:
- Washington, IA (2)
- Columbus Junction, IA (1)
- Fairfield, IA (1)
- Pella, IA (1)
HMDA 2025
Mortgage lending
In 2025, Washington State Bank reported 282 home-loan applications under HMDA (LEI 549300L5PI87OOVHD857): 262 originated ($45,210,000 total), 12 denied, and 5 withdrawn or closed by the applicant. Its denial rate on decided applications was 4.3%, 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
- Washington State Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 214
- RSSD ID
- 433943
- Primary regulator
- FED
- Holding company
- W S B Inc
- Established
- April 18, 1932
- Headquarters
- 121 S Marion Ave, Washington, IA 52353
- Website
- www.washsb.com
- Employees
- 56
Quick answers
Washington State Bank: common questions
Is Washington State Bank FDIC insured?
Yes. Washington State Bank is an FDIC-insured institution (FDIC certificate #214). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Washington State Bank's TellerScore?
78 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 Washington State Bank ever failed?
There is no failure record for FDIC certificate #214 in the FDIC failed bank list.
How many branches does Washington State Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Washington
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Hills Bank and Trust CompanyBank Hills, IA | 84 out of 100, Strong | $4.8B | 13.4% | 0.40% | vs |
| Federation BankBank Washington, IA | 83 out of 100, Strong | $155.8M | 10.5% | 0.20% | vs |
| Farmers and Merchants Savings BankBank Iowa City, IA | 83 out of 100, Strong | $122.5M | 13.6% | 0.00% | vs |
| Pilot Grove Savings BankBank Pilot Grove, IA | 74 out of 100, Strong | $1.2B | 8.8% | 0.13% | vs |
| White State BankBank South English, IA | 73 out of 100, Strong | $109.0M | 11.2% | 1.31% | vs |
| The Libertyville Savings BankBank Fairfield, IA | 73 out of 100, Strong | $384.1M | 11.0% | 0.90% | vs |