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First State Bank
Belmond, IA · State-chartered bank (not a Fed member) · Part of First Belmond Bcorp
- Total assets
- $141.7M
- Q2 2026
- Deposits
- $117.8M
- Net income
- $506K
- first half of 2026
- Return on assets
- 0.71%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 5791
- Main office
- Belmond, IA
- Holding company
- First Belmond Bcorp
- Charter
- State-chartered bank (not a Fed member)
- Primary federal regulator
- Federal Deposit Insurance Corporation (FDIC)
- Established
- 07/01/1933
- FDIC insured since
- 01/01/1934
- U.S. offices
- 1
- Employees (full-time equivalent)
- 11
- Specialty
- All Other Under 1 Billion
- Website
- WWW.FSBBELMOND.COM
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $141.7M | $138.4M | $148.7M | $135.6M | $134.5M | $132.7M | $135.1M | $132.8M |
| Deposits | $117.8M | $116.6M | $112.8M | $100.4M | $101.7M | $104.5M | $107M | $102.1M |
| Net loans and leases | $61.94M | $63.55M | $65.72M | $61.2M | $60.02M | $58.82M | $60.28M | $57.02M |
| Securities | $55.64M | $57.45M | $56.64M | $58.51M | $60.42M | $59.16M | $61.42M | $59.97M |
| Equity capital | $13.4M | $13.08M | $13.28M | $12.7M | $12.11M | $11.68M | $11.03M | $11.69M |
| Net income (year to date) | $506K | $274K | $872K | $615K | $388K | $146K | $493K | $283K |
| Return on assets | 0.71% | 0.76% | 0.64% | 0.61% | 0.58% | 0.44% | 0.37% | 0.28% |
| Return on equity | 7.64% | 8.31% | 7.17% | 6.90% | 6.68% | 5.14% | 4.61% | 3.55% |
| Net interest margin | 2.23% | 2.16% | 2.05% | 2.03% | 1.96% | 1.91% | 1.53% | 1.40% |
| Efficiency ratio | 57.5% | 53.7% | 62.9% | 64.4% | 66.2% | 71.4% | 76.5% | 83.6% |
| Noncurrent loans | 0.93% | 0.98% | 0.90% | 0.92% | 0.89% | 0.36% | 0.49% | 0.65% |
| Net charge-off rate | -0.02% | -0.02% | 0.11% | 0.15% | 0.24% | 0.46% | 0.05% | -0.01% |
| Leverage (core capital) ratio | 11.23% | 11.10% | 11.31% | 11.40% | 11.50% | 11.47% | 11.37% | 11.54% |
| Total risk-based capital ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Assets grew 5.4% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$27.17M43.9%
- Commercial and industrial loans$22.41M36.2%
- Consumer loans$4.42M7.1%
Find bank branches in Iowa · Employees: 11
Frequently asked questions
- What is First State Bank's FDIC certificate number?
- First State Bank's FDIC certificate number is 5791.
- How big is First State Bank?
- First State Bank reported total assets of $141.7M and deposits of $117.8M as of Q2 2026.
- Is First State Bank FDIC insured?
- Yes. First State Bank has been insured by the FDIC since 01/01/1934. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026