CBI Bank & Trust
Muscatine, Iowa, Muscatine County
$1.7B in total assets, the 682nd largest of 4,309 US banks and 17th of 227 headquartered in Iowa.
- FDIC certificate
- 1552
- Established
- 1933
- Owned by
- Central Bancshares Inc
- Primary regulator
- FED
- Website
- www.cbibt.bank
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 | $1.7B | 38% | $1.8B | |
| Loans | $1.1B | 23% | $1.3B | |
| Deposits | $1.4B | 46% | $1.5B | |
| Return on assets | 1.17% | 31% | 1.29% | |
| Net interest margin | 4.04% | 96% | 3.49% | |
| Efficiency ratio | 60.6% | 81% | 51.5% | |
| Equity to assets | 11.80% | 85% | 10.14% | |
| Loans to deposits | 75% | 12% | 91% |
Growth
Total assets grew 8.2% a year over the last 5 years and 13.0% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2023 | SENB Bank Moline, IL | $332M |
| Feb 2021 | Farmers & Mechanics Bank Galesburg, IL, an affiliate under the same holding company | $408M |
| Jun 2020 | Walcott Trust and Savings Bank Walcott, IA, an affiliate under the same holding company | $134M |
| Apr 2015 | Buffalo Prairie State Bank Buffalo Prairie, IL | $69M |
| Jul 2013 | West Chester Savings Bank Washington, IA, an affiliate under the same holding company | $46M |
| Jul 2013 | Freedom Security Bank Coralville, IA, an affiliate under the same holding company | $73M |
Where they operate
24 branches in 11 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Muscatine County, IA | $440M | 35.0% | 1 of 7 |
| Knox County, IL | $318M | 14.2% | 2 of 12 |
| Scott County, IA | $202M | 3.8% | 5 of 17 |
| Rock Island County, IL | $185M | 6.3% | 4 of 16 |
| Peoria County, IL | $69M | 1.5% | 11 of 18 |
| Washington County, IA | $68M | 6.9% | 4 of 6 |
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 (8 to 24, +200.0%). 3 opened, 13 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 8 | |||
| 2017 | Opened Davenport | 1 | 0 | +1 | 9 |
| 2020 | Acquired Walcott Trust and Savings Bank | 2 | 0 | +2 | 11 |
| 2021 | Acquired Farmers & Mechanics BankOpened Monmouth | 6 | 0 | +6 | 17 |
| 2023 | Acquired SENB Bank | 6 | 0 | +6 | 23 |
| 2024 | Opened Joy | 1 | 0 | +1 | 24 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 30% | 22% | |
| 1-4 family residential | 26% | 20% | |
| Business (C&I) | 15% | 14% | |
| Farmland | 12% | 12% | |
| Agricultural | 7% | 9% | |
| Construction and land | 5% | 8% | |
| Multifamily | 4% | 11% | |
| Consumer | 1% | 1% | |
| Other | 1% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 60% | 57% | |
| Time deposits | 22% | 28% | |
| Noninterest-bearing | 18% | 15% |
Brokered deposits are 0.0% of deposits (peers 5.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.01% | 0.28% |
| Net charge-offs, annualized | 0.03% | 0.01% |
| Reserves to loans | 1.31% | 1.19% |
| Leverage ratio | 10.23% | 10.25% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Iowa
Largest competitors in Muscatine 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/cbi