Central State Bank
Coralville, Iowa, Johnson County
$419M in total assets, the 2,036th largest of 4,309 US banks and 79th of 227 headquartered in Iowa.
- FDIC certificate
- 1550
- Established
- 1931
- Owned by
- Ajj Bcorp Inc
- Primary regulator
- FED
- Website
- centralstate.bank
At a glance
Compared with 166 banks headquartered in Iowa with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $419M | 69% | $277M | |
| Loans | $328M | 74% | $192M | |
| Deposits | $344M | 70% | $234M | |
| Return on assets | 1.47% | 64% | 1.32% | |
| Net interest margin | 3.33% | 31% | 3.65% | |
| Efficiency ratio | 50.9% | 30% | 55.8% | |
| Equity to assets | 9.88% | 33% | 10.59% | |
| Loans to deposits | 95% | 79% | 83% |
Growth
Total assets grew 1.4% a year over the last 5 years and 6.5% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2019 | Swisher Trust & Savings Bank Swisher, IA | $53M |
| Jan 2013 | Farmers Savings Bank Walford, IA | $47M |
| Oct 2010 | Corridor State Bank Coralville, IA, an affiliate under the same holding company | $58M |
| Jan 1990 | First State Savings Bank Mcgregor, IA | $8M |
Where they operate
7 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Clayton County, IA | $154M | 8.0% | 3 of 8 |
| Johnson County, IA | $132M | 2.7% | 6 of 17 |
| Benton County, IA | $38M | 4.8% | 9 of 11 |
| Linn County, IA | $20M | 0.3% | 22 of 26 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (7 branches then and now). 3 opened, 1 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 7 | |||
| 2017 | Opened Cedar RapidsClosed Iowa City | 1 | 1 | 0 | 7 |
| 2018 | Opened ElkaderClosed Coralville | 1 | 1 | 0 | 7 |
| 2019 | Acquired Swisher Trust & Savings Bank | 1 | 0 | +1 | 8 |
| 2020 | Closed Mc Gregor | 0 | 1 | −1 | 7 |
| 2023 | Opened Elkader | 1 | 0 | +1 | 8 |
| 2024 | Closed Elkader | 0 | 1 | −1 | 7 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 30% | 17% | |
| 1-4 family residential | 23% | 22% | |
| Farmland | 13% | 21% | |
| Business (C&I) | 13% | 13% | |
| Multifamily | 11% | 3% | |
| Construction and land | 5% | 4% | |
| Agricultural | 3% | 17% | |
| Consumer | 1% | 2% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 52% | 49% | |
| Time deposits | 30% | 33% | |
| Noninterest-bearing | 18% | 18% |
Brokered deposits are 0.9% of deposits (peers 3.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.02% | 0.47% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 1.34% | 1.22% |
| Leverage ratio | 10.27% | 10.95% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Iowa
Largest competitors in Clayton 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/central-state-bank-coralville-ia