The State Bank, Financial Information

About The State Bank

 Address:
1902 Hill Avenue
Spirit Lake, IA
Dickinson County, Iowa
 Established:
Oct 1928
 Number of domestic offices:
2
Agriculture bank
Total assets$75M
Net income$0M
Net income, quarterly$0M
Total deposits$66M
Domestic deposits$66M
Equity capital$10M
ROA0.11%
ROAQ, quarterly-0.21%
ROA, pretax-0.21%
ROAQ, quarterly, pretax-0.25%
ROE0.88%
ROEQ, quarterly-1.68%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The State Bank of Terril was chartered on October 13, 1928, when the bank building was purchased from the trustee of the closed First National Bank. The bank charter was moved to Spirit Lake in 1965, and a branch was retained in Terril. The name was changed to The State Bank recognizing that the bank serves two communities. The 1928 charter is the oldest continuous charter in Dickinson County.

The bank is operating in the same location today and combines technology and quality service in order to offer safe banking in the area, both rural and city.

Spirit Lake
1902 Hill Avenue
Spirit Lake, IA 51360
Ph: 712.336.2455
Fax: 712.336.2463

Terril
101 N State Street
Terril, IA 51364
Ph: 712.853.6200
Fax: 712.853.6201