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First Security State Bank

Evansdale, IA · Est. 1962 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

First Security State Bank is a bank based in Evansdale, Iowa, established in 1962, with $87 million in total assets across 2 branches. By Trust Grade it ranks 59th of 226 banks we track in Iowa. Its capital ratio of 14.0% is stronger than 66% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.00% return on assets. No consumer complaints against First Security State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$87.0M
<$100M institution
Deposits
$74.0M
Branches
2
Capital ratio
14.0%
Top 34% of <$100M peers · Iowa median 10.2%
Return on assets
1.0%
Top 47% of <$100M peers · Iowa median 1.31%
Rank in Iowa
#59
of 226 banks

How First Security State Bank compares to Iowa peers

Capital ratio
Top 34% of <$100M peers
First Security
14.0%
Iowa median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 47% of <$100M peers
First Security
1.0%
Iowa median
1.3%
Higher ROA = more profitable relative to asset base

How we graded First Security State Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (14.0% capital ratio)
  • Strongly profitable (ROA 1.00%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for First Security State Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (2)

  • 3600 Lafayette Rd, Evansdale, IA 50707
  • 3229 Greenhill Cir, Cedar Falls, IA 50613

Are deposits at First Security State Bank insured?

Yes. First Security State Bank is an FDIC-insured bank (FDIC certificate #18508). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

First Security State Bank: frequently asked questions

Is First Security State Bank a good bank?

First Security State Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (14.0% capital ratio); Strongly profitable (ROA 1.00%).

Is First Security State Bank FDIC-insured?

Yes. First Security State Bank is a FDIC-insured bank (FDIC certificate #18508). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is First Security State Bank?

First Security State Bank holds $87 million in total assets, ranking 59th of 226 banks we track in Iowa. It operates 2 branches.

Does First Security State Bank have CFPB complaints?

No CFPB complaints against First Security State Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Logan State Bank
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The State Bank
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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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