City State Bank
City State Bank is a Norwalk, Iowa-based community bank with an established Trust & Investments Department. Founded in 1895, the bank provides a wide range of financial and investment services to individuals, families, and businesses. The Trust & Investments Department combines the research and analytical resources of a large investment company with a personalized, hometown approach, serving clients seeking tailored wealth management and trust solutions.
Investment Strategy
City State Bank’s Trust & Investments Department employs a disciplined, client-focused investment strategy that leverages the research and analytical capabilities of a major investment firm within the context of personalized community banking. Their approach emphasizes risk management, asset allocation tailored to individual goals, and proactive planning to help clients achieve long-term wealth stability. The team guides clients through complex investment and insurance products with an emphasis on education and transparency, developing easy-to-understand asset allocations and providing ongoing advice to adapt to clients' changing financial needs.
Latest 13F Filing Activity
City State Bank filed their most recent 13F report on Sep 30, 2025 disclosing 734 equity positions with a total 13F market value of $346M. The fund increased holdings in Apple Inc. Ordinary Shares, Alphabet Inc. Ordinary Shares - Class C, Dimensional Etf Trust Short-duration Fixed Income among other positions. City State Bank reduced exposure to Vanguard Total Bond Market Etf, Vanguard Group, Inc. Total International Bond Etf, Vanguard Group, Inc. Mortgage-backed Securities Etf among others.
Top Holdings
Equity Positions (734)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | Apple Inc Ordinary Shares | 4.39% | $15.2M | 59,683 | $181.57 | $254.63 | +$3.2M |
B BIV | Vanguard Group, Inc. Intermediate-Term Bond Etf | 3.85% | $13.3M | 170,535 | $75.98 | $78.09 | +$1.2M |
D DFCF | Dimensional Etf Trust Core Fixed Income | 3.65% | $12.6M | 295,789 | $42.24 | $42.76 | +$962.0K |
B BSV | Vanguard Group, Inc. Short-Term Bond Etf | 2.86% | $9.9M | 125,327 | $76.91 | $78.91 | +$564.9K |
V VIG | Vanguard Group, Inc. Dividend Appreciation Ftf | 2.54% | $8.8M | 40,792 | $174.40 | $215.79 | +$833.7K |