Twin Cedars Bank
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Data as of · sourced from FFIEC call reports. How we update
Twin Cedars Bank is an FDIC-insured commercial bank headquartered in Bussey, IA, established in 1931 (FDIC certificate 1556), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $118.3M, up 4.5% from Q2 2025, the 186th largest of 225 banks headquartered in Iowa. Its CET1 capital ratio was 12.94% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 1556
- Headquarters
- Bussey, IA
- Established
- 1931
- Total assets, Q2 2026
- $118.3M
- Assets vs Q2 2025
- +4.5%
- CET1 ratio, Q2 2026
- 12.94%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 073908252
- Latest call report
- Q2 2026, FFIEC 051 · Twin Cedars Bank call report
- Holding company
- TWIN CEDARS BANCORP, INC.
- Asset rank in state
- 186th of 225 in Iowa
Problem loans are rising at Twin Cedars Bank. Based in Bussey, Iowa, it had $118 million in assets at June 30, 2026, up 4.5% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 4.61% of loans from 1.93% a year earlier. It loses about $4.12 a year on every $100 of assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 138 cents to bring in each dollar of revenue, about double the median of 61 cents for banks its size.
It lost $1.3 million in the quarter. The commercial and industrial book ($18 million) is worsening: 10.08% of it is past due or on nonaccrual, up from 4.66% a year earlier. Funding is the softer spot: it pays an average of 2.89% on its deposits and borrowings, higher than about 9 in 10 banks its size (median 1.80%).
As of June 30, 2026, Twin Cedars Bank reported a CET1 capital ratio of 12.94%, a return on assets of -4.12%, a nonperforming-loan ratio of 4.61% and a Texas ratio of 28.90%. The figures come from its call report filed with the FFIEC.
Of the 225 banks headquartered in Iowa, Twin Cedars Bank is the 186th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.0% to $118.3M, loans fell 6.4% and deposits rose 1.9%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 30.1% of total loans, ahead of commercial and industrial loans at 20.2%. The FDIC Summary of Deposits lists 4 offices for it, in 4 cities in IA; its Oskaloosa office books 42% of its branch deposits. Judged on its Q2 2026 call report, Twin Cedars Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 402 Merrill St, Bussey, IA 50044
- County
- Marion
- Metro Area
- Pella, 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 27, 1931
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 21
- Domestic deposits
- $104.7M
- Allowance for credit losses
- $2.6M
- Net charge-offs (YTD)
- $880K
- Average total assets
- $125.5M
- Average total loans
- $95.7M
- Average interest-bearing deposits
- $98.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1556
- Fed RSSD
- 750444
- SEC CIK
- 1890213 → filed by TWIN CEDARS BANCORP, INC.
- Website
- www.twincedars.bank →
- Parent Holding Company
- TWIN CEDARS BANCORP, INC. (RSSD 5693180)
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
Over the 12 quarters to Q2 2026, Twin Cedars Bank's total assets ran between $75.5M (Q3 2023) and $122.0M (Q4 2025), and it earned a profit in 8 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$118.3M total assets against $113.3M; $105.5M total liabilities against $99.6M.
$88.2M net loans and leases against $92.2M; $104.7M total deposits against $98.7M.
$20K securities against $20K; $25.3M cash and balances due against $16.4M.
$1.9M total interest income against $2.0M; $804K total interest expense against $744K.
$1.1M net interest income against $1.2M.
$42K total noninterest income against $46K; $1.6M total noninterest expense against $881K.
$1.2M provision for credit losses against $127K.
-$1.3M net income against $218K.
-4.12% return on assets against 0.78%; 3.63% net interest margin against 4.65%.
12.94% CET1 capital ratio against 13.86%; 9.19% tier 1 leverage ratio against 11.43%.
Inside the full Twin Cedars 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.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Twin Cedars Bank rankings
Its closest position to the top of a national ranking is 64 of 3,640, for Texas Ratio; its furthest is 3,604 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -4.12% (Q2 2026) to 0.78% (Q2 2025) and its net interest margin ran from 3.63% (Q2 2026) to 4.65% (Q2 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.94% | -4.12% | 4.61% | 28.90% | 3.63% |
| Q1 2026 | 13.55% | -0.35% | 4.17% | 27.68% | 3.93% |
| Q4 2025 | 13.24% | 0.48% | 1.98% | 13.52% | 4.30% |
| Q3 2025 | 12.80% | -0.55% | 1.69% | 12.04% | 4.39% |
| Q2 2025 | 13.86% | 0.78% | 1.93% | 12.55% | 4.65% |
| Q1 2025 | 13.45% | 0.60% | 1.04% | 6.80% | 4.39% |
| Q4 2024 | 14.37% | 0.25% | 1.20% | 7.47% | 4.08% |
| Q3 2024 | 15.01% | -0.74% | 1.00% | 6.03% | 4.46% |
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 |
|---|---|---|---|
| Oskaloosa Branch | Oskaloosa , IA | 52577 | $44.2M |
| Twin Cedars Bank (main office) | Bussey , IA | 50044 | $34.7M |
| Des Moines Branch | Des Moines , IA | 50312 | $16.3M |
| Lovilia Branch | Lovilia , IA | 50150 | $9.4M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IA, rank 202 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 30 applications, 27 loans originated, $9.2M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 3 loans, $391K approved, $130K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 Twin Cedars Bank
What are Twin Cedars Bank's total assets?
As of the Q2 2026 filing, Twin Cedars Bank reported total assets of $118.3 million in its FFIEC call report.
Where is Twin Cedars Bank headquartered?
It is headquartered in Bussey, IA, United States.
When was Twin Cedars Bank founded?
It was established in 1931, per the FDIC institution directory.
Is Twin Cedars Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1556). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Twin Cedars Bank?
Twin Cedars Bank's primary federal regulator is the FDIC.
What is Twin Cedars Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.94% in its Q2 2026 call report, above regulatory requirements.
How many branches does Twin Cedars 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 Twin Cedars Bank's Texas Ratio?
Its Texas Ratio is 28.90% 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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