Defiance State Bank
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Data as of · sourced from FFIEC call reports. How we update
Defiance State Bank is an FDIC-insured commercial bank headquartered in Defiance, IA, established in 1951 (FDIC certificate 17450), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $42.6M, up 8.7% from Q2 2025, the 217th largest of 225 banks headquartered in Iowa. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.86% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 17450
- Headquarters
- Defiance, IA
- Established
- 1951
- Total assets, Q2 2026
- $42.6M
- Assets vs Q2 2025
- +8.7%
- Tier 1 leverage ratio, Q2 2026
- 9.86%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 073922212
- Latest call report
- Q2 2026, FFIEC 051 · Defiance State Bank call report
- Holding company
- UNION BANCORPORATION
- Asset rank in state
- 217th of 225 in Iowa
Defiance State Bank operates with a thinner capital cushion than most banks of its size. Based in Defiance, Iowa, it had $43 million in assets at June 30, 2026, up 8.7% from a year earlier. It funds 9.86% of its assets with Tier 1 capital, lower than about three-quarters of the 583 banks with less than $100 million in assets (median 13.06%). It also grew its loan book 10.9% over the year, 4.2 times the median of 2.6% for banks its size.
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.08% of loans from 2.12%. Earnings jumped: net income for the quarter was $78,000, 47% above the same quarter a year earlier. One more trend to watch: loans are outrunning deposits: over the year loans rose 10.9% and deposits rose 3.9%.
As of June 30, 2026, Defiance State Bank reported a return on assets of 0.73%, a nonperforming-loan ratio of 0.08% and a Texas ratio of 0.57%. The figures come from its call report filed with the FFIEC.
Defiance State Bank ranks as the 217th largest of the 225 banks based in Iowa, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.3% to $42.6M, loans rose 0.4% and deposits fell 0.4%. Its loan book on June 30, 2026 was led by agricultural production loans, at 25.8% of total loans, followed by farmland and other real estate loans at 25.7%. Its 2 offices in the FDIC Summary of Deposits are in Defiance, IA and Dow City, IA; its Defiance office books 65% of its branch deposits. On its Q2 2026 call report, Defiance State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 201 Main Ave, Defiance, IA 51527
- County
- Shelby
- 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
- —
- Call Report form
- FFIEC 051
- Established
- September 1, 1951
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 7
- Domestic deposits
- $33.5M
- Allowance for credit losses
- $200K
- Net charge-offs (YTD)
- $0
- Average total assets
- $42.6M
- Average total loans
- $32.0M
- Average interest-bearing deposits
- $29.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 8, 1955
- FDIC Cert
- 17450
- Fed RSSD
- 902645
- Website
- defiancestatebank.com →
- Parent Holding Company
- UNION BANCORPORATION (RSSD 1416475)
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, Defiance State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Defiance State Bank's total assets ranged from $38.9M (Q3 2025) to $43.2M (Q4 2023), and it earned a profit in 9 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$42.6M total assets against $39.2M; $38.4M total liabilities against $35.2M.
$32.0M net loans and leases against $28.8M; $33.5M total deposits against $32.3M.
$4.5M securities against $5.9M; $3.8M cash and balances due against $2.7M.
$531K total interest income against $497K; $135K total interest expense against $139K.
$396K net interest income against $358K.
$15K total noninterest income against $14K; $329K total noninterest expense against $318K.
$0 provision for credit losses against $0.
$78K net income against $53K.
0.73% return on assets against 0.53%; 4.06% net interest margin against 3.72%.
9.86% tier 1 leverage ratio against 10.05%.
Inside the full Defiance State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.52% (Q4 2025) to 1.21% (Q1 2025) and its net interest margin ran from 3.67% (Q3 2024) to 4.40% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.86% | 0.73% | 0.08% | 0.57% | 4.06% |
| Q1 2026 | 9.79% | 0.69% | 0.08% | 0.62% | 3.83% |
| Q4 2025 | 10.00% | -0.52% | 0.09% | 0.71% | 3.80% |
| Q3 2025 | 10.67% | 1.13% | 0.11% | 0.75% | 4.40% |
| Q2 2025 | 10.05% | 0.53% | 2.12% | 14.75% | 3.72% |
| Q1 2025 | 9.66% | 1.21% | 0.13% | 0.95% | 4.08% |
| Q4 2024 | 9.40% | -0.13% | 0.13% | 0.98% | 3.88% |
| Q3 2024 | 9.78% | 0.58% | 0.15% | 1.08% | 3.67% |
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Branch Network
View all 2 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 |
|---|---|---|---|
| Defiance State Bank (main office) | Defiance , IA | 51527 | $21.7M |
| Dow City Branch | Dow City , IA | 51528 | $11.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IA, rank 251 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $250K approved, $250K average. 100.00% 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 Defiance State Bank
What are Defiance State Bank's total assets?
As of the Q2 2026 filing, Defiance State Bank reported total assets of $42.6 million in its FFIEC call report.
Where is Defiance State Bank headquartered?
It is headquartered in Defiance, IA, United States.
When was Defiance State Bank founded?
It was established in 1951, per the FDIC institution directory.
Is Defiance State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #17450). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Defiance State Bank?
Defiance State Bank's primary federal regulator is the FDIC.
How many branches does Defiance State Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Defiance State Bank's Texas Ratio?
Its Texas Ratio is 0.57% 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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