Bank · FDIC insured
City State Bank
Top CarrotA $787.9M bank headquartered in Norwalk, IA, with 8 branches in Iowa. Best rates: CDs 4.30% and savings 1.75% APY.
City State Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 85% of U.S. banks and credit unions
#11 of 53 in Des Moines, IA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About City State Bank
City State Bank is a locally and family owned community bank that has been helping Iowa grow since 1895.
The bank serves communities across the Des Moines metro area.
- Headquarters
- 801 Main St, Norwalk, IA 50211
- FDIC certificate
- 14410 ↗
Branches
8 branches in Iowa
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Iowa
8 branches
Des Moines area · 6
- City State BankMain office801 Main St, Norwalk, IA 50211Directions
- Grimes Branch100 Ne Jacob St, Grimes, IA 50111Directions
- Indianola Branch1510 N 1st St, Indianola, IA 50125Directions
- Martensdale Branch368 N Highway 28, Martensdale, IA 50160Directions
- New Virginia Branch501 West St, New Virginia, IA 50210Directions
- 1225 Colonial1225 Colonial Pkwy, Norwalk, IA 50211Directions
Ames area · 1
- Madrid Branch105 E 2nd St, Madrid, IA 50156Directions
Mount Ayr area · 1
- Mount Ayr Branch103 W South St, Mount Ayr, IA 50854Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.37% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.27% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.84% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $87 | $81 | — |
- CapitalLeverage ratio9.37%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.27%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.84%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$87Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of City State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.