Iowa Trust & Savings Bank
Emmetsburg, Iowa, Palo Alto County
$522M in total assets, the 1,769th largest of 4,309 US banks and 60th of 227 headquartered in Iowa.
- FDIC certificate
- 18400
- Established
- 1929
- Owned by
- Emmetsburg Bank Shares Inc
- Primary regulator
- FDIC
- Website
- www.iowatrustbank.com
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 | $522M | 81% | $277M | |
| Loans | $371M | 81% | $192M | |
| Deposits | $396M | 78% | $234M | |
| Return on assets | 0.80% | 11% | 1.34% | |
| Net interest margin | 3.57% | 46% | 3.65% | |
| Efficiency ratio | 76.1% | 94% | 55.3% | |
| Equity to assets | 11.42% | 64% | 10.55% | |
| Loans to deposits | 94% | 75% | 83% |
Growth
Total assets grew 7.0% a year over the last 5 years and 11.1% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Nov 2023 | Citizens Bank Sac City, IA | $66M |
| Sep 2019 | Panora State Bank Panora, IA, an affiliate under the same holding company | $70M |
| Oct 1998 | Cylinder State Bank Cylinder, IA | $17M |
| Feb 1992 | Home Federal Savings and Loan Association, F.A. Algona, IA | $115M |
Where they operate
4 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Palo Alto County, IA | $221M | 69.6% | 1 of 4 |
| Guthrie County, IA | $80M | 14.1% | 3 of 6 |
| Dallas County, IA | $49M | 1.9% | 15 of 28 |
| Sac County, IA | $47M | 8.5% | 4 of 10 |
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 3 branches since 2016 (1 to 4, +300.0%). 3 opened, 2 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 1 | |||
| 2019 | Acquired Panora State Bank | 1 | 0 | +1 | 2 |
| 2020 | Opened Clive | 1 | 0 | +1 | 3 |
| 2023 | Acquired Citizens BankOpened Clive, closed Clive | 2 | 1 | +1 | 4 |
| 2025 | Opened Sac CityClosed Sac City | 1 | 1 | 0 | 4 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 27% | 17% | |
| Construction and land | 18% | 4% | |
| Multifamily | 15% | 3% | |
| Farmland | 10% | 21% | |
| 1-4 family residential | 9% | 23% | |
| Agricultural | 9% | 17% | |
| Business (C&I) | 8% | 13% | |
| Consumer | 0% | 2% | |
| Other | 2% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 47% | 49% | |
| Time deposits | 36% | 33% | |
| Noninterest-bearing | 17% | 18% |
Brokered deposits are 0.0% of deposits (peers 3.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.79% | 0.46% |
| Net charge-offs, annualized | 0.34% | 0.00% |
| Reserves to loans | 1.38% | 1.22% |
| Leverage ratio | 10.82% | 10.95% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Iowa
Largest competitors in Palo Alto 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/iowa-trust-savings-bank-emmetsburg-ia