Fidelity Bank & Trust
Dubuque, Iowa, Dubuque County
$2.6B in total assets, the 497th largest of 4,309 US banks and 8th of 227 headquartered in Iowa.
- FDIC certificate
- 14382
- Established
- 1910
- Owned by
- Fidelity Co
- Primary regulator
- FDIC
At a glance
Compared with 26 banks headquartered in Iowa with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.6B | 73% | $1.7B | |
| Loans | $1.9B | 73% | $1.3B | |
| Deposits | $2.1B | 77% | $1.5B | |
| Return on assets | 1.25% | 38% | 1.29% | |
| Net interest margin | 3.64% | 69% | 3.49% | |
| Efficiency ratio | 49.7% | 42% | 52.3% | |
| Equity to assets | 10.31% | 50% | 10.16% | |
| Loans to deposits | 90% | 42% | 91% |
Growth
Total assets grew 9.8% a year over the last 5 years and 13.0% a year over 10 years, including 6 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2025 | Frost State Bank Frost, MN | $54M |
| Dec 2025 | State Savings Bank Rake, IA | $82M |
| Oct 2025 | County Bank Sigourney, IA | $230M |
| Jan 2022 | Farmers & Traders Savings Bank Bancroft, IA | $73M |
| Oct 2019 | Community State Bank Tipton, IA, an affiliate under the same holding company | $118M |
| Aug 2019 | State Bank New Hampton, IA, an affiliate under the same holding company | $377M |
| Dec 2015 | East Dubuque Savings Bank Dubuque, IA | $163M |
| Jul 2011 | Security State Bank Anamosa, IA, an affiliate under the same holding company | $123M |
| Apr 2010 | Iowa Bank Bellevue, IA, an affiliate under the same holding company | $53M |
| Jul 2009 | CITIZENS STATE BANK Waukon, IA, an affiliate under the same holding company | $66M |
| Oct 2008 | State Bank Worthington, IA, an affiliate under the same holding company | $51M |
| Jul 2007 | The First National Bank, Oelwein Oelwein, IA | $100M |
| Feb 2007 | Valley State Bank Guttenberg, IA, an affiliate under the same holding company | $35M |
Where they operate
36 branches in 20 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Dubuque County, IA | $667M | 18.8% | 3 of 9 |
| Cedar County, IA | $199M | 44.8% | 1 of 5 |
| Bremer County, IA | $123M | 12.1% | 4 of 8 |
| Keokuk County, IA | $108M | 28.4% | 2 of 7 |
| Jones County, IA | $105M | 14.4% | 4 of 7 |
| Chickasaw County, IA | $101M | 13.4% | 3 of 8 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 16 branches since 2016 (20 to 36, +80.0%). 3 opened, 20 acquired, 7 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 20 | |||
| 2016 | Sold 2 branches to Kerndt Brothers Savings BankOpened East Dubuque | 1 | 2 | −1 | 19 |
| 2017 | Opened Asbury | 1 | 0 | +1 | 20 |
| 2019 | Acquired State Bank and Community State BankOpened Prairie Du Chien | 13 | 0 | +13 | 33 |
| 2022 | Acquired Farmers & Traders Savings BankClosed Asbury | 1 | 1 | 0 | 33 |
| 2023 | Closed Lamotte and Waverly | 0 | 2 | −2 | 31 |
| 2024 | Closed Prairie Du Chien | 0 | 1 | −1 | 30 |
| 2025 | Acquired 3 banksClosed Dyersville | 7 | 1 | +6 | 36 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Farmland | 24% | 12% | |
| Agricultural | 23% | 9% | |
| 1-4 family residential | 17% | 21% | |
| Business (C&I) | 14% | 14% | |
| Commercial real estate | 11% | 23% | |
| Construction and land | 4% | 8% | |
| Multifamily | 3% | 11% | |
| Consumer | 1% | 1% | |
| Other | 2% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 44% | 58% | |
| Time deposits | 40% | 27% | |
| Noninterest-bearing | 16% | 15% |
Brokered deposits are 0.3% of deposits (peers 5.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.26% | 0.28% |
| Net charge-offs, annualized | 0.01% | 0.01% |
| Reserves to loans | 1.08% | 1.22% |
| Leverage ratio | 8.98% | 10.28% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Iowa
Largest competitors in Dubuque County, IA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/fidelity-bank-trust-dubuque-ia