Applications / Mortgage Analytics / Lenders / Iowa / Iowa State Bank
Des Moines, IA · State non-member bank · FDIC · $467 million assets · 56 loans in 2025
Iowa State Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
56
loans originated, 2025
59
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Iowa State Bank, a Des Moines lender since at least 1990, makes smaller loans than most similar banks and more of them to lower-income borrowers.
The bank filed no report from 2020 to 2022, gaps in the record rather than years without lending. It made 56 loans in 2025, up 14%, while similar lenders, state non-member banks making between half and twice as many loans, grew 7%.
Its typical loan was $135,000, against $167,500 at similar lenders. Purchases made up 42.9% of its loans, and refinances and home improvement 26.8% each. All were conventional.
Some 37.1% of its borrowers had low or moderate incomes (LMI), against 27.0% at the typical peer, more than at about three in four similar lenders. Poorer neighborhoods (LMI tracts) took 25.0% of its loans, against 18.6%. Smaller loans and home-improvement lending are possible reasons.
It ranks 73 of 396 lenders in Des Moines, with 0.2% of the market, unchanged from 2024. GreenState Credit Union leads with $652.8M. Its lending reaches 4 metro areas, all in Iowa.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Iowa State Bank took 59 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 42.9% · Home improvement 26.8% · Refinance 26.8% · Other 3.6%
Conventional 100.0% · of 56 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Iowa | 56 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Des Moines-West Des Moines | 51 |
| Iowa City | 2 |
| Ames | 1 |
| Cedar Rapids | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900F6O4NCRVOV3J04 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 662949 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 315808 | 1990–2017 |
Established 14 April 1941. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Iowa State Bank's data.
Iowa State Bank's data
$215
Iowa State Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Iowa State Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]