Community State Bank
Ankeny, Iowa, Polk County
$1.7B in total assets, the 675th largest of 4,309 US banks and 14th of 227 headquartered in Iowa.
- FDIC certificate
- 18272
- Established
- 1960
- Owned by
- Qcr Holdings Inc
- Primary regulator
- FED
- Website
- www.bankcsb.com
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 | 50% | $1.8B | |
| Loans | $1.3B | 42% | $1.3B | |
| Deposits | $1.3B | 35% | $1.5B | |
| Return on assets | 1.29% | 50% | 1.29% | |
| Net interest margin | 3.48% | 46% | 3.51% | |
| Efficiency ratio | 59.7% | 77% | 51.5% | |
| Equity to assets | 11.57% | 81% | 10.14% | |
| Loans to deposits | 102% | 77% | 90% |
Growth
Total assets grew 10.3% a year over the last 5 years and 11.8% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 1997 | East Des Moines National Bank Des Moines, IA | $103M |
| May 1993 | Ankeny State Bank Ankeny, IA | $100M |
| Feb 1991 | American Federal Savings Association of Iowa Des Moines, IA | $475M |
Where they operate
10 branches in 2 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Polk County, IA | $1.2B | 3.9% | 7 of 39 |
| Dallas County, IA | $21M | 0.8% | 24 of 28 |
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 loss of 1 branch since 2016 (11 to 10, −9.1%). 1 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 11 | |||
| 2017 | Closed Ankeny | 0 | 1 | −1 | 10 |
| 2020 | Closed Ankeny | 0 | 1 | −1 | 9 |
| 2026 through Q2 | Opened Ankeny | 1 | 0 | +1 | 10 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Construction and land | 27% | 7% | |
| Multifamily | 23% | 10% | |
| Commercial real estate | 20% | 22% | |
| Business (C&I) | 16% | 14% | |
| 1-4 family residential | 10% | 21% | |
| Farmland | 1% | 13% | |
| Agricultural | 1% | 10% | |
| Consumer | 0% | 1% | |
| Other | 3% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 65% | 57% | |
| Time deposits | 19% | 28% | |
| Noninterest-bearing | 16% | 15% |
Brokered deposits are 5.6% of deposits (peers 4.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.19% | 0.31% |
| Net charge-offs, annualized | -0.01% | 0.01% |
| Reserves to loans | 1.00% | 1.22% |
| Leverage ratio | 11.67% | 10.19% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Iowa
Largest competitors in Polk 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/community-state-bank-ankeny-ia