Safest Banks in Iowa 2026
Iowa has 162 FDIC-insured banks with an average Bank Health Score of 68/100 (B). The safest bank is Citizens 1st Nb Storm Lake with a score of 98/100.
Data from FDIC Q2 2024
Top 20 of 162 Banks in Iowa
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Citizens 1st Nb Storm Lake | Storm Lake | A | 98 | 21.13% | 0.35% |
| 2 | Farmers Savings Bank&Trust | Traer | A | 97 | 17.51% | 0.00% |
| 3 | Principal Bank | Des Moines | A | 96 | 17.87% | 0.48% |
| 4 | New Albin Savings Bank | New Albin | A | 96 | 42.18% | 0.01% |
| 5 | Citizens Savings Bank | Anamosa | A | 95 | 19.51% | 0.00% |
| 6 | Sibley State Bank | Sibley | A | 95 | 14.36% | 0.01% |
| 7 | Northstar Bank | Estherville | A | 95 | 15.94% | 0.00% |
| 8 | Earlham Savings Bank | West des Moines | A | 95 | 16.39% | 0.01% |
| 9 | Bank 1st | West Union | A | 94 | 24.37% | 0.30% |
| 10 | Northeast Security Bank | Sumner | A | 94 | 14.59% | 0.05% |
| 11 | Community Bank of Oelwein | Oelwein | A | 94 | 17.10% | 0.00% |
| 12 | First Nb of Manning | Manning | A | 94 | 33.01% | 0.00% |
| 13 | Iowa State Savings Bank | Creston | A | 94 | 14.41% | 0.20% |
| 14 | Security Trust&Savings Bank | Storm Lake | A | 94 | 29.57% | 0.04% |
| 15 | Ashton State Bank | Ashton | A | 93 | 15.79% | 0.30% |
| 16 | Guthrie County State Bank | Panora | A | 93 | 18.39% | 0.11% |
| 17 | First Nb of Primghar | Primghar | A | 93 | 17.92% | 0.00% |
| 18 | Capra Bank | Dubuque | A | 92 | 17.46% | 0.13% |
| 19 | Farmers&Merchants Sb | Iowa City | A | 91 | 15.78% | 0.06% |
| 20 | Security Savings Bank | Gowrie | A | 91 | 13.77% | 0.02% |
Bank Health Scores for Iowa are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Citizens 1st Nb Storm Lake in Storm Lake is currently the safest bank in Iowa with a score of 98/100 (Grade A).
Iowa has 162 FDIC-insured banks with a combined $96.5B in total assets. The average Bank Health Score across the state is 68/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).