Waukon State Bank is a state-chartered bank (fed member) headquartered in Waukon, Iowa, in business for about 155 years. At the end of Q2 2026 it reported $426.9M in total assets and $366.5M in deposits, with 4 offices.
Waukon 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 73rd. Loan quality contributes the most (100/100, 0.00%); funding & liquidity contributes the least (52/100, 95% loans-to-deposits, 27% 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
The score has been essentially flat from Q2 2025 to Q2 2026 (77 → 78).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 70 |
| Q3 2024 | 71 |
| Q4 2024 | 69 |
| Q1 2025 | 74 |
| Q2 2025 | 77 |
| Q3 2025 | 78 |
| Q4 2025 | 76 |
| Q1 2026 | 78 |
| Q2 2026 | 78 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.43% |
| Q3 2024 | 10.47% |
| Q4 2024 | 9.93% |
| Q1 2025 | 10.26% |
| Q2 2025 | 10.51% |
| Q3 2025 | 10.76% |
| Q4 2025 | 10.14% |
| Q1 2026 | 10.14% |
| Q2 2026 | 10.44% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.00% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.00% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.00% |
| Q1 2026 | 0.00% |
| Q2 2026 | 0.00% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.10% |
| Q3 2024 | 1.08% |
| Q4 2024 | 0.95% |
| Q1 2025 | 1.36% |
| Q2 2025 | 1.62% |
| Q3 2025 | 1.73% |
| Q4 2025 | 1.76% |
| Q1 2026 | 1.94% |
| Q2 2026 | 1.93% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 78 | $426.9M | 10.44% | 0.00% | 1.93% | 95.1% |
| Q1 2026 | 78 | $450.2M | 10.14% | 0.00% | 1.94% | 89.4% |
| Q4 2025 | 76 | $433.0M | 10.14% | 0.00% | 1.76% | 95.7% |
| Q3 2025 | 78 | $430.0M | 10.76% | 0.00% | 1.73% | 96.4% |
| Q2 2025 | 77 | $412.6M | 10.51% | 0.00% | 1.62% | 98.7% |
| Q1 2025 | 74 | $424.4M | 10.26% | 0.00% | 1.36% | 93.3% |
| Q4 2024 | 69 | $412.9M | 9.93% | 0.00% | 0.95% | 95.4% |
| Q3 2024 | 71 | $414.8M | 10.47% | 0.00% | 1.08% | 94.8% |
| Q2 2024 | 70 | $394.0M | 10.43% | 0.00% | 1.10% | 99.4% |
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 |
|---|---|---|---|---|---|
| Maquoketa State BankBank Maquoketa, IA | 86 out of 100, Very strong | $429.0M | 16.4% | 0.52% | vs |
| Farmers Trust and Savings BankBank Buffalo Center, IA | 74 out of 100, Strong | $422.7M | 9.9% | 0.06% | vs |
| TS BankBank Treynor, IA | 72 out of 100, Strong | $432.7M | 10.6% | 1.41% | vs |
| FreedomBankBank Elkader, IA | 73 out of 100, Strong | $433.9M | 10.7% | 0.26% | vs |
| Central State BankBank Coralville, IA | 76 out of 100, Strong | $419.3M | 10.3% | 0.02% | vs |
| GreatAmerica Bank National AssociationBank Cedar Rapids, IA | 73 out of 100, Strong | $450.0M | 61.6% | 0.00% | vs |
Deposit insurance
Is my money safe at Waukon State Bank?
Yes. Waukon State Bank is an FDIC-insured institution (FDIC certificate #1857). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 26.6% of deposits ($97.6M) 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 10.44%, 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%).
4 locations
Branches
Waukon State Bank lists 4 offices in 2 cities. Most locations:
- Decorah, IA (2)
- Waukon, IA (2)
Identity & history
Profile
- Legal name
- Waukon State Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 1857
- RSSD ID
- 436542
- Primary regulator
- FED
- Holding company
- Wfc Inc
- Established
- January 1, 1871
- Headquarters
- 22 W Main St, Waukon, IA 52172
- Website
- www.waukonstatebank.bank
- Employees
- 51
Quick answers
Waukon State Bank: common questions
Is Waukon State Bank FDIC insured?
Yes. Waukon State Bank is an FDIC-insured institution (FDIC certificate #1857). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Waukon 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 Waukon State Bank ever failed?
There is no failure record for FDIC certificate #1857 in the FDIC failed bank list.
How many branches does Waukon State Bank have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Waukon
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| New Albin Savings BankBank New Albin, IA | 92 out of 100, Very strong | $350.6M | 15.5% | 0.00% | vs |
| Peoples State BankBank Prairie Du Chien, WI | 80 out of 100, Strong | $993.0M | 11.5% | 0.21% | vs |
| Kerndt Brothers Savings BankBank Lansing, IA | 79 out of 100, Strong | $347.2M | 10.9% | 0.65% | vs |
| Royal BankBank Elroy, WI | 79 out of 100, Strong | $816.1M | 10.5% | 0.06% | vs |
| Community First BankBank Boscobel, WI | 78 out of 100, Strong | $634.1M | 11.0% | 0.32% | vs |
| Northeast Security BankBank Sumner, IA | 77 out of 100, Strong | $461.9M | 10.8% | 0.00% | vs |