State Central Bank
BankRegReports is independent of State Central Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
State Central Bank is an FDIC-insured commercial bank headquartered in Bonaparte, IA, established in 1858 (FDIC certificate 5820), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $63.2M, up 11.7% from Q2 2025, the 210th largest of 225 banks headquartered in Iowa. It reports no CET1 ratio; its Tier 1 leverage ratio was 16.11% 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
- 5820
- Headquarters
- Bonaparte, IA
- Established
- 1858
- Total assets, Q2 2026
- $63.2M
- Assets vs Q2 2025
- +11.7%
- Tier 1 leverage ratio, Q2 2026
- 16.11%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 073900894
- Holding company
- LOGAN INVESTMENT CORPORATION
- Asset rank in state
- 210th of 225 in Iowa
State Central Bank, based in Bonaparte, Iowa, reported $63 million in assets at June 30, 2026, up 11.7% from a year earlier. It grew its loan book 40.5% over the year, 15.8 times the median of 2.6% for the 583 banks with less than $100 million in assets. It also keeps 5.06 cents of net interest income on every dollar of earning assets, higher than about three-quarters of banks its size (median 3.87 cents).
Net income for the quarter slipped 23% from a year earlier, to $242,000. Over the same year, loans grew 40.5% and deposits grew 6.3%. One more trend to watch: the commercial and industrial book ($8.7 million) is worsening: 2.59% of it is past due or on nonaccrual, up from 1.72% a year earlier.
As of June 30, 2026, State Central Bank reported a return on assets of 1.55%, a nonperforming-loan ratio of 1.11% and a Texas ratio of 3.60%. The figures come from its call report filed with the FFIEC.
State Central Bank ranks as the 210th largest of the 225 banks based in Iowa, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 2.7% to $63.2M, loans rose 5.0% and deposits rose 5.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 37.3% of total loans, followed by commercial and industrial loans at 23.6%. The FDIC Summary of Deposits lists 4 offices for it, in 4 cities in IA; its Keokuk office books 31% of its branch deposits. By the capital ratios in its Q2 2026 call report, State Central Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 612 1st St, Bonaparte, IA 52620
- County
- Van Buren
- Metro Area
- Fort Madison, IA
- 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
- March 17, 1858
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 26
- Domestic deposits
- $50.6M
- Allowance for credit losses
- $718K
- Net charge-offs (YTD)
- $3K
- Average total assets
- $62.4M
- Average total loans
- $36.8M
- Average interest-bearing deposits
- $39.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5820
- Fed RSSD
- 808345
- Website
- www.statecentralbank.com →
- Parent Holding Company
- LOGAN INVESTMENT CORPORATION (RSSD 3300215)
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, State Central 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, State Central Bank's total assets ranged from $46.5M (Q3 2023) to $63.2M (Q2 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
$63.2M total assets against $56.6M; $52.5M total liabilities against $47.6M.
$36.3M net loans and leases against $25.5M; $50.6M total deposits against $47.6M.
$17.2M securities against $18.6M; $5.5M cash and balances due against $8.3M.
$979K total interest income against $1.0M; $250K total interest expense against $265K.
$729K net interest income against $739K.
$148K total noninterest income against $120K; $635K total noninterest expense against $543K.
$0 provision for credit losses against $0.
$242K net income against $316K.
1.55% return on assets against 2.18%; 5.06% net interest margin against 5.53%.
16.11% tier 1 leverage ratio against 14.37%.
Inside the full State Central Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeState Central Bank rankings
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.21% (Q3 2024) to 16.08% (Q4 2024) and its net interest margin ran from 4.30% (Q3 2024) to 16.26% (Q4 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.11% | 1.55% | 1.11% | 3.60% | 5.06% |
| Q1 2026 | 16.10% | 1.60% | 0.28% | 0.90% | 4.93% |
| Q4 2025 | 15.54% | 0.81% | 0.17% | 0.50% | 4.95% |
| Q3 2025 | 16.59% | 7.63% | 1.52% | 4.03% | 11.68% |
| Q2 2025 | 14.37% | 2.18% | 1.37% | 3.72% | 5.53% |
| Q1 2025 | 13.95% | 1.18% | 1.05% | 2.63% | 4.94% |
| Q4 2024 | 15.21% | 16.08% | 1.68% | 4.11% | 16.26% |
| Q3 2024 | 11.92% | 0.21% | 4.77% | 12.15% | 4.30% |
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 |
|---|---|---|---|
| Keokuk Branch Office | Keokuk , IA | 52632 | $15.9M |
| State Central Bank (main office) | Bonaparte , IA | 52620 | $14.3M |
| Farmington Branch | Farmington , IA | 52626 | $14.1M |
| Stockport Branch | Stockport , IA | 52651 | $6.2M |
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 |
|---|---|---|---|
| July 9, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 9, 1988 | Structure Change | Acquired Iowa State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 16, 1977 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 16, 1977 | Structure Change | Acquired Iowa State Bank 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 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IA, rank 239 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $570K approved, $285K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2010 (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
Add this badge to your website
Free to use. It shows State Central Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about State Central Bank
What are State Central Bank's total assets?
As of the Q2 2026 filing, State Central Bank reported total assets of $63.2 million in its FFIEC call report.
Where is State Central Bank headquartered?
It is headquartered in Bonaparte, IA, United States.
When was State Central Bank founded?
It was established in 1858, per the FDIC institution directory.
Is State Central Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5820). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates State Central Bank?
State Central Bank's primary federal regulator is the FDIC.
How many branches does State Central 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 State Central Bank's Texas Ratio?
Its Texas Ratio is 3.60% 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.
Go deeper on State Central Bank.
Get an email when State Central Bank files its next call report, and benchmark it against any peer you choose.
Unlock State Central Bank, freeFree account