SBA lender profile
City State Bank
City State Bank appears in the public SBA loan data with 38 funded 7(a) loans totaling $23.3M, an average of $614K per loan, and an estimated 620 jobs supported. Its SBA lending concentrates in Iowa and the Construction sector. Across all of its loans in the data, its charge-off rate is 7.9%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
38
Total volume
$23.3M
Average loan size
$614K
Charge-off rate
7.9%
Share of funded loans charged off
Jobs supported (reported)
620
Programs
7(a)
Bank profile
via FDIC- Total assets
- $792M
- Headquarters
- Norwalk, IA
- FDIC cert
- #14410
- Status
- Active
Where City State Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Iowa | 38 | $23.3M |
What City State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 4 | $7.1M |
| Manufacturing | 5 | $5.1M |
| Arts, Entertainment, Recreation | 2 | $2.4M |
| Professional and Technical Services | 3 | $2.4M |
| Retail Trade | 4 | $2.0M |
| Other Services | 4 | $1.4M |
City State Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 5 | $5.8M |
| 2021 | 10 | $5.2M |
| 2022 | 10 | $3.6M |
| 2023 | 2 | $1.9M |
| 2024 | 4 | $1.1M |
| 2025 | 3 | $665K |
| 2026 | 4 | $5.1M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of City State Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.