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Banks in Des Moines, IA

Current FDIC-insured banks headquartered in the Des Moines, IA metropolitan area

Data as of Q2 2026 call reports. Banks that no longer file, such as acquired banks, are not listed.

Every FDIC-insured bank with headquarters in the Des Moines, IA metro area that still files, with the most recent quarterly call report data: total assets, deposits, capital ratios, asset quality, and profitability. The full metro area covered is Des Moines-West Des Moines, IA.

Looking for branch locations rather than headquarters? See every bank with a branch in Des Moines, IA.

The Des Moines, IA metro area is home to 24 FDIC-insured banks, holding $32.55B in combined assets and $28.22B in deposits. The largest is Principal Bank ($9.84B), about 30% of the group's total banking assets, followed by Bankers Trust Company and West Bank. Across these banks, the median return on assets is 1.33% and the median CET1 capital ratio is 13.03%.

Banks
24
Total Assets
$32.55B
Total Deposits
$28.22B
Median ROA
1.33%
Median CET1
13.03%

Largest by Assets

Principal Bank $9.84B Bankers Trust Company $7.83B West Bank $4.03B Bank Iowa $2.35B Community State Bank $1.75B

All banks in Des Moines, IA

24 institutions with the latest quarterly call report metrics: capital, profitability, and asset quality.

NM: not meaningful, the ratio is outside a plausible range.

Select a column heading to sort the list.

Banks in the Des Moines, IA metro area, with total assets, ROA, net interest margin, efficiency ratio, CET1, NPL ratio, and Texas ratio.
Principal Bank Des Moines, IA $9.84B 1.59% 2.35% 37.7% 14.91% 0.44% 2.6%
Bankers Trust Company Des Moines, IA $7.83B 1.05% 2.89% 58.5% 10.95% 0.31% 2.2%
West Bank West Des Moines, IA $4.03B 1.19% 2.77% 45.5% 13.03% 0.00% 0.0%
Bank Iowa West Des Moines, IA $2.35B 1.32% 3.67% 60.3% 10.87% 1.38% 11.9%
Community State Bank Ankeny, IA $1.75B 1.33% 3.72% 54.1% 11.89% 0.19% 1.2%
City State Bank Norwalk, IA $787.9M 1.69% 3.26% 57.6% — 0.27% 2.0%
Midwest Heritage Bank, FSB West Des Moines, IA $768.3M 2.43% 4.05% 55.7% 14.55% 1.78% 10.4%
Peoples Savings Bank Indianola, IA $610.4M 1.02% 3.35% 58.7% 13.67% 0.91% 7.3%
Peoples Bank Clive, IA $529.6M 0.84% 2.97% 65.2% 10.79% 0.15% 1.5%
Trubank Indianola, IA $494.6M 0.97% 3.65% 57.0% — 1.33% 11.2%
Raccoon Valley Bank Perry, IA $486.0M 1.66% 3.94% 54.9% 11.47% 0.74% 5.5%
Iowa State Bank Des Moines, IA $480.5M 2.14% 3.74% 56.3% — 0.00% 0.0%
First State Bank Lynnville, IA $384.2M 2.21% 4.19% 43.0% — 0.21% 1.5%
Earlham Savings Bank West Des Moines, IA $382.5M 1.11% 3.74% 60.5% 16.78% 0.91% 4.8%
State Savings Bank West Des Moines, IA $291.9M 1.38% 3.80% 53.3% 10.79% 1.02% 8.2%
Guthrie County State Bank Panora, IA $279.2M 1.06% 3.23% 63.2% 16.71% 0.16% 0.9%
Farmers & Merchants State Bank Winterset, IA $271.7M 1.29% 3.70% 53.4% 16.13% 0.00% 0.0%
Freedom Financial Bank West Des Moines, IA $269.3M 1.45% 3.08% 50.2% 10.36% 0.00% 0.0%
Charter Bank Johnston, IA $227.5M 1.73% 3.66% 49.3% — 0.00% 0.0%
Union State Bank Winterset, IA $136.5M 1.19% 3.85% 70.8% 13.06% 0.00% 0.0%
First State Bank Stuart, IA $129.7M 1.16% 3.74% 62.0% 27.80% 0.03% 0.1%
FNNB Bank Newton, IA $109.5M 1.66% 4.57% 62.3% 12.38% 0.55% 4.4%
Farmers State Bank Yale, IA $72.6M 2.29% 4.05% 40.4% — 0.00% 0.0%
Its Bank Johnston, IA $45.2M NM 4.16% 10.2% — — 0.0%

Definitions: return on assets (ROA), net interest margin (NIM), efficiency ratio (Eff.), CET1 capital ratio, nonperforming loan ratio (NPL) and Texas ratio. A blank or NM value sorts last.

Other metro areas

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Data sourced from FFIEC call reports. See /data-updates/ for the full refresh schedule.

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