Vitals
  • Total Assets
    50.9M -4.4 %
  • Total Deposits
    37.4M -9.6 %
  • Total Net Loans
    42.0M 4.6 %
  • Net Income
    336000.0000 1.5 %
  • Book Value
    8.7M 3.8 %
  • Book Value x2
    17.5M 3.8 %
  • Book Value x3
    26.2M 3.8 %
ROAA

.876

ROAE

5.188

Efficiency Ratio

64.039

Net Interest Margin

4.258

Balance Sheet Highlights
Financial Highlights State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 50,892 113,246
Total Net Loans 41,974 78,270
Total Deposits 37,353 90,543
Total Equity 8,740 11,358
Profitability
Net Income 336 1,280
Return on Average Assets .876 1.387
Return on Average Equity 5.188 12.037
Net Interest Margin 4.258 3.732
Efficiency Ratio 64.039 60.136
Noninterest Income/Revenue 5.185 9.727
Balance Sheet Ratios
Loan-to-Deposit 112.371 82.938
Securities/Assets .024 .327
Total Equity/Total Assets .172 .1
Tangible Equity/Tangible Assets .099 .067
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 5,005 10,849
Tier 2 Capital 344 870
Total Capital 5,349 11,714
Total Risk Weighted Assets 42,641 84,981
Leverage Ratio 10.31 10.056
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.74 14.094
Total Capital Ratio 12.54 15.105

Timeline for State Bank

Fidelity Bank & Trust

State Bank was acquired by Fidelity Bank & Trust 15 years

View Profile Oct 11 2008

Worthington Bancorporation

Acquisition: State Bank acquired a new subsidiary, Worthington Bancorporation , 20 years

View Profile Dec 29 2003

Fidelity Company

Fidelity Company became a new parent organization for State Bank.

View Profile Dec 29 2003

Worthington Bancorporation

Worthington Bancorporation became a new parent organization for State Bank.

View Profile Mar 11 1991

State Bank

State Bank was established 86 years ago and is currently headquartered in Worthington, IA.

Aug 07 1937
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Fidelity Bank & Trust Buyer 777,650 Pooling of Interests Discontinued 10/11/2008
Worthington Bancorporation Seller Pooling of Interests Discontinued 12/29/2003
Relationships Role Relationship Start Relationship End
Fidelity Company Parent 12/29/2003 10/10/2008
Worthington Bancorporation Parent 3/11/1991 12/28/2003
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