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Ipswich State Bank
Ipswich, SD · FDIC Certificate #15593 · Chartered 04/1
Total assets
$74.25M
Total deposits
$62.32M
Total equity
$11.12M
Net loans
$36.49M
Branches (offices)
1
Net income (YTD)
$671.00K
Rank: #3,877 of 4,213 U.S. banks by assets · #46 of 56 in South Dakota. Assets changed 10.6% and deposits 12.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.83% |
| Return on equity | 12.10% |
| Net interest margin (YTD) | 3.80% |
| Equity to assets | 14.97% |
| Tier 1 leverage ratio | 15.46% |
| Uninsured deposits (share of deposits) | 22.7% |
| Noncurrent loans (share of loans) | 1.31% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 58.6% |
| Real estate loans (share of loans) | 31.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $11.54M | 31.6% | |
| Commercial & industrial | $4.12M | 11.3% | |
| Consumer / individual | $1.25M | 3.4% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $19.84M | 54.4% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $73.88M | $64.83M | $276.00K | $8.37M |
| Jun 2023 | $69.91M | $60.35M | $452.00K | $8.87M |
| Jun 2024 | $67.36M | $56.99M | $428.00K | $9.59M |
| Jun 2025 | $67.15M | $55.66M | $579.00K | $10.67M |
| Jun 2026 | $74.25M | $62.32M | $671.00K | $11.12M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| South Dakota | $62.32M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $62.32M.
Similar-sized banks
West Valley National Bank ($74.29M) · Nebraska State Bank ($74.13M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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