The State Bank

Spirit Lake • Terril

The State Bank

1902 Hill Ave • Spirit Lake, IA 51360 • 712.336.2455
101 N State Street • Terril, IA 51364 • 712.853.6200


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About Us

The State Bank of Terril was chartered on October 13, 1928, when the bank building was purchased from the trustee of the closed First National Bank. The bank charter was moved to Spirit Lake in 1965, and a branch was retained in Terril. The name was changed to The State Bank recognizing that the bank serves two communities. The 1928 charter is the oldest continuous charter in Dickinson County.

The bank is operating in the same location today and combines technology and quality service in order to offer safe banking in the area, both rural and city.

The State Bank is proud to be an Iowa Independent Bank. We are a Commercial Bank that's owned and operated by local people whose concerns and interest are in seeing our community grow and prosper. If the "personal touch" appeals to you, then we're the bank you're looking for.

Statement of Condition

Statement of Condition - 12/31/13
ASSETS
Cash and Due from Banks
$996,000
Securities
$29,683,000
Loans
$32,907,000
Federal Funds
$0
Bank Building and Fixtures
$2,617,000
Other Assets
$1,352,000
TOTAL ASSETS
$67,555,000
LIABILITIES
Deposits
$61,727,000
Federal Funds and Loans
$0
Other Liabilities
$74,000
TOTAL LIABILITIES
$61,181,000
CAPITAL FUNDS
Capital
$200,000
Surplus
$800,000
Unrealized Securities Gain
($1,438,000)
Undivided Profits
$6,192,000
TOTAL CAPITAL FUNDS
$5,754,000
TOTAL LIABILITIES & CAPITAL FUNDS
$67,555,000

This financial information has not been reviewed or confirmed for accuracy or relevance by the Federal Deposit Insurance Corporation.

2014 Federal Reserve Bank Holidays

Federal Reserve Bank Holidays
New Year's Day Tuesday January 1
Martin Luther King Jr. Day Monday January 20
Presidents' Day Monday February 17
Memorial Day Monday May 26
Independence Day Friday July 4
Labor Day Monday September 1
Columbus Day Monday October 13
Veterans Day Tuesday November 11
Thanksgiving Thursday November 27
Christmas Thursday December 25