The catalogue › United States › Plains › Iowa
The state note · prepared 7 September 2026

Iowa

226 banks and 66 credit unions read from their latest filings, every institution ranked against the rest of the state.

Small-business lending ↓

Banks

226 banks filing · read from the 30 June 2026 Call Report
226
banks filing
$128B in assets
+4.4%
Loans, year over year
median; 43 above 10%, 54 shrinking
11.2%
CRE / loans
median
83.0%
Loans / deposits
median
0.40%
NPA / loans
median
10.7%
Equity / assets
median

Iowa's 226 banks hold $128B in assets at 30 June 2026. Principal Bank is the largest at $9.8B, and the five largest hold 23% of the total; 27 institutions are above $1B, holding $69.3B.

Loans grew a median +4.4% in the year to 30 June 2026: 43 institutions grew faster than 10% and 54 shrank. The median bank lends 83% of its deposits and holds commercial real estate at 11.2% of loans. Nonperforming loans sit at a median 0.40% of the book, return on assets at 1.34%, and equity at 10.7% of assets.

11 of the 226 are in the catalogue, each read from its own filing beside the banks its size in the state: Principal Bank, Bankers Trust Co., Hills Bank & Trust Co., Northwest Bank, Cedar Rapids Bank & Trust Co., Quad City Bank & Trust Co., Fidelity Bank & Trust, United Bank of Iowa, Bank Iowa, Luana Savings Bank, Visionbank of Iowa.

Who holds the state's assetseach institution's share of the $128B the state's 226 hold; the largest first, amber in the catalogue
Principal Bank: 7.7%PB8%Bankers Trust Co.: 6.1%BTHills Bank & Trust Co.: 3.7%HBWest Bank: 3.1%WBNorthwest Bank: 2.3%Cedar Rapids Bank & Trust Co.: 2.3%Quad City Bank & Trust Co.: 2.2%Fidelity Bank & Trust: 2.0%United Bank of Iowa: 2.0%Bank Iowa: 1.8%216 others 67%PBPrincipal Bank7.7%BTBankers Trust Co.6.1%HBHills Bank & Trust Co.3.7%WBWest Bank3.1%NBNorthwest Bank2.3%CRCedar Rapids Bank & T…2.3%QCQuad City Bank & Trus…2.2%FBFidelity Bank & Trust2.0%UBUnited Bank of Iowa2.0%BIBank Iowa1.8%

Principal Bank holds 7.7% of the state's bank assets; the five largest hold 23%, and 27 of the 226 are above $1B.

How concentrated that iscumulative share of assets against the share of institutions, largest first; the Gini from the drawn curve
0%0%25%25%50%50%75%75%100%100%equal sharesThe largestPrincipal Bank: 8% of the totalThe five largest23% of the totalThe ten largest33% of the totalGINI0.60 = equal shares · 1 = one holds everythingshare of institutions, largest first →↑ share of the total

The curve's distance from the diagonal is the concentration: 23% of the assets in 2% of the institutions. A Gini near zero would mean equal shares; one would mean a single holder.

What the state's banks lendthe loan book of every bank in the state, summed by category as filed
1-4 family residential, closed-end20.4%$18.0BFarmland14.6%$12.9BCommercial & industrial13.4%$11.8BNonfarm nonresidential, non-owner-occupied12.8%$11.2BAgricultural production11.1%$9.8BNonfarm nonresidential, owner-occupied8.8%$7.8BMultifamily7.3%$6.4BConstruction & land6.4%$5.6BHome equity lines1.6%$1.4BOther loans and leases1.2%$1.1BStates & municipalities0.9%$782MAuto0.7%$659MConsumer, other0.7%$635MCredit card0.0%$37M

1-4 family residential, closed-end is the largest category at 20.4% of the state's $88.1B in loans, then Farmland at 14.6% and Commercial & industrial at 13.4%.

Loans, year over yearIowa banks, 30 June 2026 against a year earlier · no better direction, largest first · the 25 highest of 225 · amber, in the catalogue
state median +4.4% GB Greatamerica Bank N.A. +1252.6% MS Maxwell State Bank +111.0% CB Capra Bank +59.6% WI West Iowa Bank +44.3% MH Midwest Heritage Bank FSB +42.0% SC State Central Bank +40.5% FB Fidelity Bank & Trust +38.4% PS Pocahontas State Bank +22.1% DB Dewitt Bank & Trust Co. +17.8% CS Commercial Savings Bank +17.4% FS Farmers State Bank +16.1% FB FNNB Bank +15.8% CB Community Bank & Trust Co. +15.8% FS First State Bank +15.6% FT Farmers Trust & Savings Bank +15.3% PB Peoples Bank +14.8% FM Farmers & Merchants Savings Bank +14.3% CF Citizens First Bank +14.0% AS Atkins Savings Bank & Trust +13.6% PB Principal Bank +13.5% PB Premier Bank +13.1% IS Iowa ST Bank & Trust Co. Fairfld … +13.0% GS Glenwood State Bank +12.8% WS Westside State Bank +12.7% SS Security Savings Bank +12.7%

Greatamerica Bank N.A. grew fastest at +1252.6%; 43 grew faster than 10% and 54 shrank, Community Bank of Oelwein the most at -13.6%. The median is +4.4%.

Commercial real estate, share of loansIowa banks, 30 June 2026 · construction, multifamily and non-owner-occupied nonresidential; listed largest first · the 25 highest of 225 · amber, in the catalogue
state median 11.2% GS Grinnell State Bank 70.0% CS Community State Bank 64.1% WB West Bank 60.9% CR Cedar Rapids Bank & Trust Co. 56.6% FF Freedom Financial Bank 56.1% IT Iowa Trust & Savings Bank 55.9% BT Bankers Trust Co. 53.1% FT Farmers Trust & Savings Bank 50.1% FS Farmers State Bank 50.0% PB Peoples Bank 48.3% Vo Visionbank of Iowa 46.7% IS Iowa State Bank 46.2% RV Raccoon Valley Bank 46.1% QC Quad City Bank & Trust Co. 45.9% FN First National Bank Ames Iowa 45.0% DS Denver Savings Bank 41.5% CS Central State Bank 41.2% PB Pinnacle Bank 41.1% SS Solon State Bank 40.4% LS Luana Savings Bank 39.9% CB Capra Bank 37.8% HS Home State Bank 37.8% LS Lincoln Savings Bank 37.7% KS Keystone Savings Bank 37.4% BI Bank Iowa 36.8%

Grinnell State Bank is the most CRE-weighted at 70.0% of loans; 19 of the 226 are above 40%, against a median of 11.2%.

Commercial real estate against capital, the 300% screenIowa banks, 30 June 2026 · the 2006 interagency guidance's screen; total risk-based capital where filed, Tier 1 for a CBLR filer; listed largest first · the 25 highest of 226 · amber, in the catalogue
state median 62% 300% screen FF Freedom Financial Bank 453% GS Grinnell State Bank 403% FT Farmers Trust & Savings Bank 382% CS Community State Bank 379% Vo Visionbank of Iowa 379% WB West Bank 377% IT Iowa Trust & Savings Bank 374% PB Peoples Bank 368% BT Bankers Trust Co. 360% RV Raccoon Valley Bank 340% LS Luana Savings Bank 336% CS Central State Bank 312% HS Home State Bank 302% SS South Story Bank & Trust 289% BI Bank Iowa 274% CL Clear Lake Bank & Trust Co. 273% CB Central Bank 270% FS Farmers State Bank 269% DS Denver Savings Bank 267% LS Lincoln Savings Bank 255% QC Quad City Bank & Trust Co. 249% FN First National Bank Ames Iowa 249% FS Farmers State Bank 249% CS Central State Bank 246% CF Citizens First Bank 242%

13 of the 226 banks sit above the 300% screen, Freedom Financial Bank the highest at 453% of capital; the median is 62%. Crossing the screen is not a violation; it is the level at which examiners expect the risk-management practices the guidance describes.

Construction and land development against capital, the 100% screenIowa banks, 30 June 2026 · the guidance's first prong; listed largest first · the 25 highest of 226 · amber, in the catalogue
state median 16% 100% screen CS Community State Bank 158% RV Raccoon Valley Bank 148% HS Home State Bank 141% FT Farmers Trust & Savings Bank 130% TC Twin Cedars Bank 128% IT Iowa Trust & Savings Bank 123% SS State Savings Bank 113% PB Pinnacle Bank 111% Vo Visionbank of Iowa 93% CS City State Bank 90% CB Capra Bank 90% HC Hardin County Savings Bank 88% SS South Story Bank & Trust 88% CL Clear Lake Bank & Trust Co. 86% BI Bank Iowa 79% QC Quad City Bank & Trust Co. 79% T Trubank 79% IS Iowa State Bank 75% WB West Bank 68% PB Peoples Bank 65% CB Central Bank 63% AS Audubon State Bank 62% FS Farmers State Bank 61% CS Community Savings Bank 61% HB Hiawatha Bank & Trust Co. 60%

8 of the 226 banks sit above the 100% construction screen, Community State Bank the highest at 158%; the median is 16%.

Loans to depositsIowa banks, 30 June 2026 · listed highest first · the 25 highest of 226 · amber, in the catalogue
state median 83% GB Greatamerica Bank N.A. 462% SS Security State Bank 134% BP Bank Plus 117% SS South Story Bank & Trust 117% WS Westside State Bank 113% AS American State Bank 111% FF Freedom Financial Bank 109% AB American Bank National Association 109% FT Farmers Trust & Savings Bank 109% GS Grinnell State Bank 108% FB FNB Bank 108% CB Central Bank 107% PB Premier Bank 106% SS State Savings Bank 106% HB Heartland Bank 106% SS Security State Bank 106% P Primebank 105% CB Connection Bank 105% ES Exchange State Bank 104% FS Farmers State Bank 104% HB Hills Bank & Trust Co. 104% IS Iowa State Bank 104% PB Peoples Bank 103% CF Citizens First Bank 103% LN Liberty National Bank 103%

32 of the 226 lend more than they hold in deposits, Greatamerica Bank N.A. the furthest at 462%; the median is 83%.

Nonperforming loans, share of loansIowa banks, 30 June 2026 · listed highest first · the 25 highest of 225 · amber, in the catalogue
state median 0.40% AT American Trust & Savings Bank 30.07% SS Solon State Bank 11.69% MS Montezuma State Bank 6.94% CS Corydon State Bank 5.45% WF WCF Financial Bank 5.11% TC Twin Cedars Bank 4.61% LS Lincoln Savings Bank 4.32% SS Sloan State Bank 4.28% TB Tri-valley Bank 4.09% SB State Bank of Schaller 3.69% FS Farmers Savings Bank 3.48% FT First Trust & Savings Bank 3.21% FS First Security State Bank 3.11% RS Readlyn Savings Bank 3.04% RS Reliance State Bank 2.95% SS Security State Bank 2.88% IS Iowa State Bank 2.66% HS Houghton State Bank 2.58% BB Boone Bank & Trust Co. 2.45% DS Danville State Savings Bank 2.27% HS Home State Bank 2.21% SS Security State Bank 2.14% FI First Iowa State Bank 2.12% SB State Bank of Toledo 2.04% PS Pocahontas State Bank 1.93%

American Trust & Savings Bank carries the most nonperforming loans at 30.07% of the book; 60 of the 226 are above 1%, and the median is 0.40%.

The allowance against nonperforming loansthe twenty widest gaps between the reserve and the trouble it covers, both as shares of loans · bold, in the catalogue
0.00%0.50%1.00%1.50%2.00%2.50%3.00%NPA / loansAllowance / loansFSFarmers State Bank+3.24%SBState Bank+2.96%FSFirst State Bank+2.14%FSFarmers State Bank+2.01%FBFNB Bank+1.92%BGBlue Grass Savings Bank+1.86%MBMidstates Bank National Associati…+1.85%ESEarlham Savings Bank+1.78%CsCitizens 1st National Bank Storm …+1.76%CSCitizens Savings Bank+1.75%FNFirst National Bank of Manning+1.71%FSFirst Security Bank+1.56%FFFreedom Financial Bank+1.53%SSSecurity Savings Bank+1.52%ITIowa Trust & Savings Bank+1.50%NSNortheast Security Bank+1.47%FTFarmers Trust & Savings Bank+1.44%BsBank 1st+1.44%TSTempleton Savings Bank+1.44%CBCommunity Bank & Trust Co.+1.41%

The distance between the two dots is the reserve's headroom over the loans already in trouble. 46 of the 226 hold an allowance smaller than their nonperforming loans.

Return on assetsIowa banks, 30 June 2026 · listed highest first · the 25 highest of 226 · amber, in the catalogue
state median 1.34% IB Its Bank 54.34% FT Farmers Trust & Savings Bank 2.82% CR Cedar Rapids Bank & Trust Co. 2.71% GS Glenwood State Bank 2.66% SS Security State Bank 2.62% Cs Citizens 1st National Bank Storm … 2.53% KB Kerndt Brothers Savings Bank 2.46% AS Audubon State Bank 2.35% IS Iowa State Bank 2.34% SS Security State Bank 2.31% TB TS Bank 2.24% SS Security Savings Bank 2.22% HB Heartland Bank 2.21% PG Pilot Grove Savings Bank 2.19% BS Bellevue State Bank 2.19% PB Premier Bank 2.18% FS Farmers State Bank 2.15% AS American State Bank 2.15% CS Corydon State Bank 2.14% P Primebank 2.13% DS Dysart State Bank 2.12% FS First State Bank 2.08% HB Hills Bank & Trust Co. 2.07% PB Peoples Bank 2.07% FS Farmers State Bank 2.07%

Its Bank earns the most at 54.34% and Maxwell State Bank the least at -4.89%; 11 of the 226 earn under 0.50%, and the median is 1.34%.

The efficiency ratio, with the return beside itIowa banks, 30 June 2026 · cost as a share of revenue, lowest first; return on assets at the right · the 25 lowest of 226 · amber, in the catalogue
state median 57.5% IB Its Bank 10.2% ROA 54.34% SS Security State Bank 28.2% ROA 2.62% AS Atkins Savings Bank & Trust 28.8% ROA 1.49% CS Corydon State Bank 28.9% ROA 2.14% GS Glenwood State Bank 31.0% ROA 2.66% PS Pocahontas State Bank 31.5% ROA 0.50% NA New Albin Savings Bank 33.6% ROA 1.03% BS Bellevue State Bank 36.0% ROA 2.19% IS Iowa State Bank 36.8% ROA 2.34% FS First State Bank 37.6% ROA 1.46% PB Principal Bank 38.0% ROA 1.60% SS Solon State Bank 39.6% ROA 0.05% FT Farmers Trust & Savings Bank 39.8% ROA 2.82% CR Cedar Rapids Bank & Trust Co. 40.6% ROA 2.71% CS Commercial Savings Bank 40.6% ROA 2.04% PG Pilot Grove Savings Bank 40.8% ROA 2.19% AS Audubon State Bank 41.0% ROA 2.35% SS Security State Bank 41.4% ROA 2.31% FS Farmers State Bank 41.9% ROA 2.07% PB Premier Bank 42.2% ROA 2.18% RS Readlyn Savings Bank 42.5% ROA 1.72% FW First Whitney Bank & Trust 42.6% ROA 1.63% ES Exchange State Bank 43.3% ROA 1.96% WS White State Bank 43.4% ROA 1.57% PB Pinnacle Bank 43.4% ROA 1.69%

Its Bank runs the leanest at 10.2% of revenue in cost; 10 of the 226 spend more than 80 cents of every revenue dollar, and the median is 57.5%.

The fifteen largest, 30 June 2026navy: the stronger half of each column; amber: the weaker; darker at the ends; bold rows are in the catalogue
InstitutionAssetsLoans YoYCRE / loansLoans / depositsNPA / loansROAEquity / assets
Principal Bank$9.8B+13.5%0.0%32%0.44%1.60%5.0%
Bankers Trust Co.$7.8B+1.5%53.1%90%0.31%1.03%9.5%
Hills Bank & Trust Co.$4.8B+3.9%32.1%104%0.40%2.07%13.0%
West Bank$4.0B-0.5%60.9%88%0.00%1.17%9.4%
Northwest Bank$3.0B+5.0%27.5%95%0.23%1.34%9.8%
Cedar Rapids Bank & Trust Co.$2.9B+8.6%56.6%97%0.54%2.71%16.9%
Quad City Bank & Trust Co.$2.8B-6.7%45.9%79%0.51%1.45%11.4%
Fidelity Bank & Trust$2.6B+38.4%13.5%90%1.26%1.28%10.3%
United Bank of Iowa$2.5B+4.9%2.5%86%0.26%1.26%9.2%
Bank Iowa$2.3B+7.1%36.8%91%1.38%1.27%8.6%
Luana Savings Bank$2.3B+8.5%39.9%95%0.11%0.95%9.1%
Central Bank$2.3B+5.5%33.6%107%0.32%0.95%10.3%
First Citizens Bank$1.8B-3.0%33.6%84%0.16%2.06%11.4%
Community State Bank$1.7B+7.0%64.1%102%0.19%1.32%11.6%
Availa Bank$1.7B+5.9%29.0%84%0.26%0.93%9.0%
Five years, 2021 to 2026the 226 institutions filing at both dates; dollars as growth, ratios in points
20212026Change
Loans, in total$60.2B$88.1B+46%
Deposits, in total$81.9B$107B+30%
NPA / loans, median0.27%0.40%+0.13 pts
Efficiency, median56.3%57.5%+1.2 pts
ROA, median1.37%1.34%-0.03 pts

Small-business lending

SBA 7(a) approvals into Iowa since FY2008, across every lender type

$2.9B of 7(a) credit has been approved into Iowa since FY2008 across 8,041 loans. Accommodation & food services is the largest category at 15.8%, Manufacturing at 13.1%, Retail trade at 13.0%; the three together are 42% of the money. The heaviest losses fall in Wholesale trade, at 7.76% of approvals charged off.

7(a) lenders in the state, share of approvalssince FY2008, 416 lenders on record; SBA 7(a) release as of the 2026 file; loans credited to the institution holding them today; amber, in the catalogue
CR Cedar Rapids Bank and Trust Compa… 4.4% $126M · 289 loans LS Lincoln Savings Bank 3.9% $113M · 191 loans WF Wells Fargo Bank National Associa… 3.4% $97M · 411 loans FI First Interstate Bank 3.2% $92M · 181 loans LO Live Oak Banking Company 2.9% $85M · 74 loans UB U.S. Bank, National Association 2.8% $82M · 774 loans NB Northwest Bank 2.7% $79M · 233 loans Fa Farmers and Merchants Savings Bank 2.6% $76M · 148 loans FS Farmers State Bank 2.1% $61M · 277 loans BT Bankers Trust Company 2.1% $60M · 199 loans NN Nicolet National Bank 2.0% $58M · 170 loans FA First American Bank 1.9% $56M · 146 loans
What the state's 7(a) money financeseach industry's share of approvals since FY2008, the twelve largest
Accommodation & food services16.8%$455M · 1,133 loansManufacturing13.9%$378M · 688 loansRetail trade13.9%$376M · 1,139 loansConstruction10.0%$271M · 1,015 loansHealth care & social assistance9.2%$249M · 740 loansOther services8.1%$219M · 796 loansWholesale trade6.4%$174M · 336 loansProfessional & technical services6.0%$164M · 534 loansAdministrative & waste services4.5%$122M · 403 loansArts, entertainment & recreation4.4%$121M · 340 loansTransportation & warehousing4.1%$110M · 316 loansReal estate & leasing2.8%$76M · 159 loans
The industries, with what defaultsapprovals, loans and charged-off dollars by industry since FY2008; a loss rate is charged-off over approved dollars, on settled and unsettled cohorts alike
IndustryApprovedLoansShareCharged offLoss rate
Accommodation & food services$455M1,13315.8%$20M4.30%
Manufacturing$378M68813.1%$14M3.74%
Retail trade$376M1,13913.0%$20M5.41%
Construction$271M1,0159.4%$9M3.46%
Health care & social assistance$249M7408.6%$6M2.44%
Other services$219M7967.6%$3M1.19%
Wholesale trade$174M3366.0%$14M7.76%
Professional & technical services$164M5345.7%$3M2.03%
Administrative & waste services$122M4034.2%$2M1.69%
Arts, entertainment & recreation$121M3404.2%$4M3.60%
Transportation & warehousing$110M3163.8%$4M3.57%
Real estate & leasing$76M1592.7%$1M1.62%
The largest county marketsapprovals since FY2008 and how many lenders have written there
CountyApprovedLoansLenders
Polk$706M1,795177
Linn$315M83583
Scott$197M59373
Johnson$127M41767
Black Hawk$124M39148
Dallas$87M24573
Woodbury$78M20047
Story$71M19358
Cerro Gordo$69M25228
Pottawattamie$53M15647

Each institution in the catalogue has its own read, prepared for its board and management from the public record. The full pack on any Iowa institution, twenty sections from its own filing, is prepared on request.

Ask for a pack

Prepared 7 September 2026
Sources FFIEC Call Report and NCUA 5300 via the FDIC and NCUA; SBA 7(a) release
Cohort every institution filing in Iowa

Computed from each institution's own filing as published; medians are unweighted; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
← Back to the catalogue