This institution is no longer active

Operations ceased on November 1, 1993. CRA examination history below reflects the period it was active.

CORN BELT STATE BANK

CORRECTIONVILLE, IA · Supervised by FDIC

Est. 1931FDIC #12,413RSSD: FDIC-12413

Part ofCORN BELT BCORP→ View all charters

Satisfactory

Current rating · Exam: January 1992

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.72%

Institution Profile

FDIC BankFind

Address

504 Driftwood, CORRECTIONVILLE, IA

County

Woodbury County

Established

September 7, 1931

Total Assets

$14M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

January 1, 1992

Exam Type

Not Reported

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 34 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 1993Call Report / FDIC

Total Assets

$14M

Total Deposits

$13M

Net Loans

$8M

Net Income

$81K

ROA

0.72%

ROE

8.17%

Risk-Based Capital

16.55%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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