Home State Bank (Jefferson, IA)
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Data as of · sourced from FFIEC call reports. How we update
Home State Bank is an FDIC-insured commercial bank headquartered in Jefferson, IA, established in 1934 (FDIC certificate 14867), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $480.7M, up 8.5% from Q2 2025, the 68th largest of 225 banks headquartered in Iowa. Its CET1 capital ratio was 10.04% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 14867
- Headquarters
- Jefferson, IA
- Established
- 1934
- Total assets, Q2 2026
- $480.7M
- Assets vs Q2 2025
- +8.5%
- CET1 ratio, Q2 2026
- 10.04%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 073920638
- Holding company
- GREENE INVESTMENT CO.
- Asset rank in state
- 68th of 225 in Iowa
Problem loans are rising at Home State Bank. The Jefferson, Iowa bank had $481 million in assets at June 30, 2026, up 8.5% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.21% of loans from 0.00% a year earlier. It holds common equity equal to 10.04% of its risk-weighted assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 15.12%). It also carries problem assets equal to 17.2% of the capital and reserves that would absorb them, 6.5 times the median of 2.6% for banks its size.
The commercial and industrial book ($66 million) is worsening: 12.98% of it is past due or on nonaccrual, up from 9.11% a year earlier. Earnings fell sharply: quarterly net income of $850,000 was 39% below a year earlier. Concentration is the risk to watch: it holds commercial real estate loans worth 2.8 times its capital, 2.3 times the median of 1.2 times for banks its size.
As of June 30, 2026, Home State Bank reported a CET1 capital ratio of 10.04%, a return on assets of 0.70%, a nonperforming-loan ratio of 2.21% and a Texas ratio of 17.19%. The figures come from its call report filed with the FFIEC.
Of the 225 banks headquartered in Iowa, Home State Bank is the 68th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.0% to $480.7M, loans rose 0.8% and deposits fell 1.2%. Non-owner-occupied commercial real estate loans made up 19.5% of its total loans on June 30, 2026, its largest category; next came construction and land development loans at 17.6%. The FDIC Summary of Deposits lists 2 offices for it, in Jefferson, IA and Polk City, IA; its Jefferson office books 90% of its branch deposits. On its Q2 2026 call report, Home State Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 115 W State St, Jefferson, IA 50129
- County
- Greene
- 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 051
- Established
- January 1, 1934
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 58
- Domestic deposits
- $436.9M
- Allowance for credit losses
- $10.2M
- Net charge-offs (YTD)
- $48K
- Average total assets
- $485.0M
- Average total loans
- $391.0M
- Average interest-bearing deposits
- $356.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- November 10, 1934
- FDIC Cert
- 14867
- Fed RSSD
- 653947
- Website
- www.hsbankiowa.com →
- Parent Holding Company
- GREENE INVESTMENT CO. (RSSD 1205905)
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
From Q3 2023 to Q2 2026, Home State Bank's total assets ranged from $403.0M (Q3 2023) to $485.7M (Q1 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$480.7M total assets against $443.1M; $439.2M total liabilities against $404.8M.
$378.4M net loans and leases against $350.0M; $436.9M total deposits against $402.6M.
$50.7M securities against $44.6M; $31.6M cash and balances due against $28.5M.
$7.1M total interest income against $6.9M; $2.9M total interest expense against $2.8M.
$4.2M net interest income against $4.0M.
$799K total noninterest income against $624K; $3.2M total noninterest expense against $3.1M.
$875K provision for credit losses against $150K.
$850K net income against $1.4M.
0.70% return on assets against 1.25%; 3.50% net interest margin against 3.88%.
10.04% CET1 capital ratio against 10.41%; 8.91% tier 1 leverage ratio against 9.32%.
Inside the full Home State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Home State Bank rankings
Its closest position to the top of a national ranking is 240 of 3,640, for Texas Ratio; its furthest is 2,094 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -1.26% (Q1 2026) to 1.41% (Q3 2024) and its net interest margin ran from 3.48% (Q4 2025) to 3.97% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.04% | 0.70% | 2.21% | 17.19% | 3.50% |
| Q1 2026 | 10.14% | -1.26% | 2.58% | 21.97% | 3.61% |
| Q4 2025 | 10.05% | 0.78% | 2.21% | 18.02% | 3.48% |
| Q3 2025 | 10.12% | 1.31% | 0.32% | 2.71% | 3.97% |
| Q2 2025 | 10.41% | 1.25% | 0.00% | 0.00% | 3.88% |
| Q1 2025 | 10.22% | 1.21% | 0.40% | 5.20% | 3.68% |
| Q4 2024 | 10.24% | 1.22% | 0.09% | 2.62% | 3.64% |
| Q3 2024 | 9.98% | 1.41% | 0.42% | 3.54% | 3.60% |
Swipe the table sideways to see every column.
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 |
|---|---|---|---|
| Home State Bank (main office) | Jefferson , IA | 50129 | $391.2M |
| Polk City Branch | Polk City , IA | 50226 | $45.7M |
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 |
|---|---|---|---|
| June 25, 1994 | Structure Change | Acquired United Federal Savings Association of Iowa Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 1 event.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in IA, rank 64 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $250K approved, $250K 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, 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 Home State Bank
What are Home State Bank's total assets?
As of the Q2 2026 filing, Home State Bank reported total assets of $480.7 million in its FFIEC call report.
Where is Home State Bank headquartered?
It is headquartered in Jefferson, IA, United States.
When was Home State Bank founded?
It was established in 1934, per the FDIC institution directory.
Is Home State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14867). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Home State Bank?
Home State Bank's primary federal regulator is the FDIC.
What is Home State Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 10.04% in its Q2 2026 call report, above regulatory requirements.
How many branches does Home 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 Home State Bank's Texas Ratio?
Its Texas Ratio is 17.19% 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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