Central Bank
Storm Lake, IA · Owner: Commercial Financial Corp
$2.3B
total assets, June 30, 2026
$2.3B
total assets, June 30, 2026
Central Bank is a state member bank based in Storm Lake, IA, owned by Commercial Financial Corp. As of June 30, 2026 it held $2.3 billion in assets and $1.9 billion in deposits; assets were up 5.5% from a year before. It has 23 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$2.3B
+5.5% in a year · +1.9% in a quarter
Deposits
$1.9B
+3.2% in a year · -0.7% in a quarter
Loans
$2.0B
+5.5% in a year · +1.2% in a quarter
Profit so far
$10.8M
Jan 1 to Jun 30, 2026 · +47.7% in a year
Capital ratio
10.09%
+0.09 pts in a year
Return on assets
0.95%
+0.28 pts in a year
Facts
- Type
- State member bank
- Head office
- 600 Lake Ave, Storm Lake, IA, 50588
- County
- Buena Vista
- Holding company
- Commercial Financial Corp
- Established
- Jan 1, 1879
- Employees
- 333
- Branches
- 23 in 2 states
- Website
- www.mycentral.bank
- Id
- b15555
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
23 offices as of June 30, 2026, holding $1.9 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Iowa | 17 | $1.5B | 78.0% |
| South Dakota | 6 | $412M | 22.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| 522 Fourth Street Branch | Sioux City, IA | $344M |
| Central Bank (main office) | Storm Lake, IA | $280M |
| North Career Avenue Branch | Sioux Falls, SD | $214M |
| Spirit Lake Branch | Spirit Lake, IA | $196M |
| 86Th Street Branch | Urbandale, IA | $146M |
| Cherokee Central Trust Branch | Cherokee, IA | $114M |
| Brookings Branch | Brookings, SD | $88.0M |
| Mills Civic Branch | West Des Moines, IA | $85.0M |
| North Ankeny Branch | Ankeny, IA | $66.9M |
| Dakota Dunes Branch | Dakota Dunes, SD | $56.1M |
Related pages
Questions and answers
How big is Central Bank?
$2.3 billion in total assets and $1.9 billion in deposits as of June 30, 2026, with assets up 5.5% from a year before. Its loans were $2.0 billion.
How many branches does Central Bank have?
23 branches in 2 states as of June 30, 2026. The most deposits are in Iowa ($1.5 billion).
Is Central Bank profitable?
Yes: it earned $10.8 million from January 1 to June 30, 2026 (up 47.7% from the same months a year before). Its return on assets was 0.95% a year; about 1% is typical.
Who owns Central Bank?
Central Bank is owned by Commercial Financial Corp, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.