American State Bank (Osceola, IA)
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Data as of · sourced from FFIEC call reports. How we update
American State Bank is an FDIC-insured commercial bank headquartered in Osceola, IA, established in 1987 (FDIC certificate 26944), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $360.8M, up 9.3% from Q2 2025, the 88th largest of 225 banks headquartered in Iowa. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.11% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 26944
- Headquarters
- Osceola, IA
- Established
- 1987
- Total assets, Q2 2026
- $360.8M
- Assets vs Q2 2025
- +9.3%
- Tier 1 leverage ratio, Q2 2026
- 11.11%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 073922403
- Holding company
- OSCEOLA BANCORPORATION
- Asset rank in state
- 88th of 225 in Iowa
American State Bank is one of the more profitable banks of its size. The Osceola, Iowa bank had $361 million in assets at June 30, 2026, up 9.3% from a year earlier. It earns about $2.22 a year on every $100 of assets, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also holds commercial real estate loans equal to only 28% of its capital, a small fraction of the median of 1.2 times for banks its size. Much of that comes from cost control: it spends about 48 cents to bring in each dollar of revenue.
Deposits are coming in faster than loans: over the year loans rose 5.3% and deposits rose 9.0%. The commercial and industrial book ($31 million) is worsening: 1.73% of it is past due or on nonaccrual, up from 1.06% a year earlier.
As of June 30, 2026, American State Bank reported a return on assets of 2.22%, a nonperforming-loan ratio of 0.04% and a Texas ratio of 0.24%. The figures come from its call report filed with the FFIEC.
Of the 225 banks headquartered in Iowa, American State Bank is the 88th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 2.5% to $360.8M, loans rose 2.8% and deposits rose 2.8%. Farmland and other real estate loans made up 24.0% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 22.3%. Its 4 offices in the FDIC Summary of Deposits are in Osceola, IA, Lamoni, IA and Winterset, IA; its Osceola 2 offices book 61% of its branch deposits. By the capital ratios in its Q2 2026 call report, American State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1000 Jeffreys Dr, Osceola, IA 50213
- County
- Clarke
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- April 23, 1987
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 40
- Domestic deposits
- $282.8M
- Allowance for credit losses
- $2.9M
- Net charge-offs (YTD)
- $33K
- Average total assets
- $359.9M
- Average total loans
- $246.3M
- Average interest-bearing deposits
- $244.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- April 23, 1987
- FDIC Cert
- 26944
- Fed RSSD
- 276645
- Website
- www.americanstatebank.com →
- Parent Holding Company
- OSCEOLA BANCORPORATION (RSSD 1144095)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, American State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
American State Bank's total assets moved between a low of $306.8M (Q3 2023) and a high of $360.8M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$360.8M total assets against $330.2M; $324.9M total liabilities against $299.6M.
$246.2M net loans and leases against $233.9M; $282.8M total deposits against $259.5M.
$81.3M securities against $70.6M; $17.8M cash and balances due against $10.0M.
$5.2M total interest income against $4.8M; $1.6M total interest expense against $1.5M.
$3.6M net interest income against $3.3M.
$628K total noninterest income against $590K; $2.0M total noninterest expense against $1.9M.
$60K provision for credit losses against $60K.
$2.0M net income against $1.9M.
2.22% return on assets against 2.23%; 4.27% net interest margin against 4.21%.
11.11% tier 1 leverage ratio against 11.03%.
Inside the full American State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeAmerican State Bank rankings
Its closest position to the top of a national ranking is 296 of 3,611, for ROA; its furthest is 3,129 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.73% (Q4 2024) to 2.23% (Q2 2025) and its net interest margin ran from 3.85% (Q4 2024) to 4.27% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.11% | 2.22% | 0.04% | 0.24% | 4.27% |
| Q1 2026 | 11.29% | 2.12% | 0.02% | 0.35% | 4.14% |
| Q4 2025 | 11.16% | 2.10% | 0.18% | 1.42% | 4.14% |
| Q3 2025 | 11.22% | 2.02% | 0.08% | 0.86% | 4.17% |
| Q2 2025 | 11.03% | 2.23% | 0.10% | 0.70% | 4.21% |
| Q1 2025 | 11.08% | 1.83% | 0.12% | 0.90% | 3.93% |
| Q4 2024 | 10.75% | 1.73% | 0.10% | 0.78% | 3.85% |
| Q3 2024 | 10.77% | 2.02% | 0.11% | 0.80% | 3.99% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| American State Bank (main office) | Osceola , IA | 50213 | $173.0M |
| Lamoni Branch | Lamoni , IA | 50140 | $64.0M |
| South John Wayne Drive Branch | Winterset , IA | 50273 | $45.8M |
| Osceola Branch | Osceola , IA | 50213 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| September 8, 1990 | Structure Change | Acquired Firstcentral Federal Savings Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| April 24, 1987 | Structure Change | Acquired Osceola State Bank & Trust Company Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| April 23, 1987 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in IA, rank 103 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 102 applications, 94 loans originated, $12.1M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $1.7M approved, $1.7M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2021 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about American State Bank
What are American State Bank's total assets?
As of the Q2 2026 filing, American State Bank reported total assets of $360.8 million in its FFIEC call report.
Where is American State Bank headquartered?
It is headquartered in Osceola, IA, United States.
When was American State Bank founded?
It was established in 1987, per the FDIC institution directory.
Is American State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #26944). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates American State Bank?
American State Bank's primary federal regulator is the Federal Reserve.
How many branches does American State Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is American State Bank's Texas Ratio?
Its Texas Ratio is 0.24% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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