Decorah Bank and Trust Company
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Data as of · sourced from FFIEC call reports. How we update
Decorah Bank and Trust Company is an FDIC-insured commercial bank headquartered in Decorah, IA, established in 1935 (FDIC certificate 15200), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $794.1M, up 7.1% from Q2 2025, the 33rd largest of 225 banks headquartered in Iowa. Its CET1 capital ratio was 13.13% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 15200
- Headquarters
- Decorah, IA
- Established
- 1935
- Total assets, Q2 2026
- $794.1M
- Assets vs Q2 2025
- +7.1%
- CET1 ratio, Q2 2026
- 13.13%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 073921695
- Latest call report
- Q2 2026, FFIEC 041 · Decorah Bank and Trust Company call report
- Holding company
- SECURITY AGENCY, INCORPORATED
- Asset rank in state
- 33rd of 225 in Iowa
Problem loans are rising at Decorah Bank and Trust Company. Its balance sheet stood at $794 million at June 30, 2026, up 7.1% from a year earlier; it is based in Decorah, Iowa. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.48% of loans from 0.12% a year earlier. It returns 17.9% a year on shareholders' equity, higher than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 12.5%). It also grew deposits 8.8% over the year, about double the median of 4.0% for banks its size.
Delinquency has appeared in its $58 million non-owner-occupied commercial real estate book: 2.63% of those loans are past due or on nonaccrual, against almost none a year earlier. Deposits are coming in faster than loans: over the year loans rose 5.0% and deposits rose 8.8%.
As of June 30, 2026, Decorah Bank and Trust Company reported a CET1 capital ratio of 13.13%, a return on assets of 1.81%, a nonperforming-loan ratio of 0.49% and a Texas ratio of 3.88%. The figures come from its call report filed with the FFIEC.
Of the 225 banks headquartered in Iowa, Decorah Bank and Trust Company is the 33rd largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 1.8% to $794.1M, loans rose 1.0% and deposits rose 2.2%. Commercial and industrial loans made up 19.8% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 18.1%. Its 3 offices in the FDIC Summary of Deposits are in Decorah, IA and Cresco, IA; its Decorah 2 offices book 80% of its branch deposits. Judged on its Q2 2026 call report, Decorah Bank and Trust Company meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 202 E Water St, Decorah, IA 52101
- County
- Winneshiek
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Trust powers grandfathered
- Call Report form
- FFIEC 041
- Established
- June 10, 1935
- Former names
- Decorah Bank & Trust Company (2000); Security Bank & Trust Company (1973-2000); Security Bank and Trust Company, Decorah, Iowa (1972-1973); Security Trust and Savings Bank (1935-1960)
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 113
- Domestic deposits
- $694.7M
- Allowance for credit losses
- $8.7M
- Net charge-offs (YTD)
- $255K
- Average total assets
- $791.3M
- Average total loans
- $574.7M
- Average interest-bearing deposits
- $565.1M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 28, 1935
- FDIC Cert
- 15200
- Fed RSSD
- 872047
- Website
- www.decorah.bank →
- Parent Holding Company
- SECURITY AGENCY, INCORPORATED (RSSD 1201738)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Decorah Bank and Trust Company's total assets moved between a low of $678.8M (Q3 2023) and a high of $794.1M (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
$794.1M total assets against $741.3M; $713.7M total liabilities against $666.3M.
$569.7M net loans and leases against $542.5M; $694.7M total deposits against $638.5M.
$152.6M securities against $155.0M; $37.7M cash and balances due against $10.5M.
$10.7M total interest income against $10.1M; $3.4M total interest expense against $3.4M.
$7.3M net interest income against $6.7M.
$1.6M total noninterest income against $1.6M; $4.8M total noninterest expense against $4.5M.
$340K provision for credit losses against $149K.
$3.6M net income against $3.4M.
1.81% return on assets against 1.85%; 3.93% net interest margin against 3.86%.
13.13% CET1 capital ratio against 13.42%; 10.41% tier 1 leverage ratio against 10.80%.
Inside the full Decorah Bank and Trust Company terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeDecorah Bank and Trust Company rankings
Its closest position to the top of a national ranking is 746 of 3,611, for ROA; its furthest is 1,358 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.99% (Q3 2025) to 2.88% (Q4 2025) and its net interest margin ran from 3.53% (Q1 2025) to 3.97% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.13% | 1.81% | 0.49% | 3.88% | 3.93% |
| Q1 2026 | 13.21% | 1.52% | 0.20% | 1.97% | 3.88% |
| Q4 2025 | 13.08% | 2.88% | 0.52% | 3.63% | 3.97% |
| Q3 2025 | 13.21% | 0.99% | 0.75% | 5.23% | 3.86% |
| Q2 2025 | 13.42% | 1.85% | 0.12% | 0.87% | 3.86% |
| Q1 2025 | 13.62% | 1.23% | 0.13% | 0.94% | 3.53% |
| Q4 2024 | 13.55% | 1.79% | 0.14% | 1.00% | 3.69% |
| Q3 2024 | 13.56% | 1.45% | 0.93% | 6.41% | 3.55% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| Decorah Bank & Trust Company | Decorah , IA | 52101 | $552.6M |
| Cresco Branch | Cresco , IA | 52136 | $142.1M |
| Decorah Branch | Decorah , IA | 52101 | $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 |
|---|---|---|---|
| October 26, 2007 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 26, 2007 | Structure Change | Acquired Fortress Bank of Cresco Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.5% of deposits in IA, rank 37 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $880K approved, $880K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2006 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 Decorah Bank and Trust Company
What are Decorah Bank and Trust Company's total assets?
As of the Q2 2026 filing, Decorah Bank and Trust Company reported total assets of $794.1 million in its FFIEC call report.
Where is Decorah Bank and Trust Company headquartered?
It is headquartered in Decorah, IA, United States.
When was Decorah Bank and Trust Company founded?
It was established in 1935, per the FDIC institution directory.
Is Decorah Bank and Trust Company FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #15200). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Decorah Bank and Trust Company?
Decorah Bank and Trust Company's primary federal regulator is the FDIC.
What is Decorah Bank and Trust Company's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.13% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Decorah Bank and Trust Company operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Decorah Bank and Trust Company's Texas Ratio?
Its Texas Ratio is 3.88% 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.
What was Decorah Bank and Trust Company previously called?
The charter now named Decorah Bank and Trust Company has also operated as Decorah Bank & Trust Company (2000), Security Bank & Trust Company (1973-2000), Security Bank and Trust Company, Decorah, Iowa (1972-1973), Security Trust and Savings Bank (1935-1960), per FDIC structure-change records.
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