City State Bank
Norwalk, Iowa · FDIC Cert #14410
City State Bank is an FDIC-insured bank (Certificate #14410) with $715M in total assets and $635M in total deposits as of the Q2 2024 Call Report. Headquartered in Norwalk, Iowa, the bank maintains a Tier 1 capital ratio of 11.39% (Well-Capitalized) and a nonperforming loan ratio of 0.14%. BankHealthData assigns a composite Health Grade of B (77/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
City State Bank (FDIC cert 14410) is a community bank — $715M in total assets, $635M in deposits, serving the Norwalk, Iowa area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.39% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.14% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 20.7% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is solid: ROA of 1.12% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. City State Bank carries a composite BankHealth grade of B (77/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: City State Bank
- Total Assets
- $715M
- Total Deposits
- $635M
- Tier 1 Capital Ratio
- 11.39%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.14%
- Liquidity Ratio
- 20.72%
- Return on Assets
- 1.12%
- Headquarters
- Norwalk, Iowa
- FDIC Certificate
- #14410
- Health Grade
- B (77/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, City State Bank holds a Tier 1 capital ratio of 11.39%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning City State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
City State Bank shows strong financial health indicators. With $715M in assets and a Health Score of 77/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How City State Bank Compares
City State Bank’s Health Score of 77 is 9 points above the Iowa state average of 68 across 162 FDIC-insured banks. Its 11.39% Tier 1 capital ratio is 2.6 points below the US banking industry average near 14%. The 0.14% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.12% is in line with or above the national ROA benchmark of ~1.1%. Among 1247 similarly-sized banks, the average Health Score is 70, meaning this bank ranks above its size cohort. Site-wide, City State Bank is 7 points above the portfolio average of 70.
Frequently Asked Questions
City State Bank has a Bank Health Score of B (77/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 11.39%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. City State Bank's Tier 1 capital ratio of 11.39% and nonperforming loan ratio of 0.14% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at City State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #14410). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
City State Bank holds $715M in total assets and $635M in total deposits. It is headquartered in Norwalk, Iowa (FDIC Certificate #14410).
City State Bank has a Tier 1 capital ratio of 11.39%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.14%, and the return on assets is 1.12%.
Yes. City State Bank is FDIC-insured (Certificate #14410). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
City State Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.