SBA lender profile
First Central State Bank
First Central State Bank appears in the public SBA loan data with 70 funded 7(a) loans since FY2010, totaling $21.6M, an average of $309K per loan, and an estimated 1,443 jobs supported. Its SBA lending concentrates in Iowa and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 1.4%. 54.3% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 77
- Scale 37
- Activity 18
- Consistency 59
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First Central State Bank the right lender for you?
Lenders fund what they know. First Central State Bank's SBA lending concentrates in Iowa (63 loans) and Retail Trade (15 loans), at an average loan of $309K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $784M
- Headquarters
- Dewitt, IA
- FDIC cert
- #19716
- Status
- Active
Where First Central State Bank lends
Top states by funded SBA volume.
Metro areas where First Central State Bank funds
What First Central State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 15 | $8.2M |
| Manufacturing | 12 | $5.3M |
| Accommodation and Food Services | 15 | $5.2M |
| Finance and Insurance | 2 | $670K |
| Health Care and Social Assistance | 10 | $580K |
| Other Services | 3 | $431K |
First Central State Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 23 | $6.8M |
| 2011 | 13 | $3.7M |
| 2012 | 8 | $2.0M |
| 2013 | 5 | $1.5M |
| 2014 | 6 | $724K |
| 2015 | 4 | $351K |
| 2016 | 3 | $527K |
| 2017 | 2 | $673K |
| 2021 | 1 | $425K |
| 2022 | 4 | $4.5M |
| 2023 | 1 | $425K |
Related SBA lenders
Other lenders active in Iowa or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
First Central State Bank: frequently asked questions
Does First Central State Bank offer SBA loans?
Yes. First Central State Bank appears in the public SBA data with 70 funded SBA 7(a) loans totaling $21.6M.
How many SBA loans has First Central State Bank made?
First Central State Bank is associated with 70 SBA 7(a) loans totaling $21.6M in the public SBA data (as of 2026-03-31).
What is First Central State Bank's SBA charge-off rate?
About 1.4% of First Central State Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does First Central State Bank do most of its SBA lending?
First Central State Bank's SBA lending in the data is most concentrated in Iowa, and by industry in Retail Trade.
Is First Central State Bank an SBA Preferred Lender (PLP)?
The loan record shows First Central State Bank operating under PLP delegated authority: 38 of its 7(a) loans (54.3%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). First Central State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-central-state-bank/
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