Columbus day October 10th

In observance of Columbus day October 10th, the Federal Reserve will be closed.  We will be closing at noon to provide our employees with necessary training.  We are sorry for any inconvenience.

Striving to bring you the very best

State Bank is a single-family locally owned organization, owned by Wayne and Ryan Johnson. In 1980, Wayne Johnson started Everly Bancorporation with the purchase of the Everly State Bank. Since then, State Bank has grown to $70 million in assets, with banking offices in Everly, Peterson, and Spencer, Iowa, and insurance offices in Everly and Peterson.

Over the years, State Bank has built a solid tradition of personalized service and local decision-making. Like our local family farmers and main street business owners, the State Bank team lives, works, and plays in the communities we serve.

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State Bank & Insurance

Protecting what you value

As independent insurance agents, we are able to offer insurance policies from a wide selection of insurance companies, making it easier for us to find the best coverage and value for your needs.  We offer insurance policies to protect you from personal, health, agricultural, and commercial risks.

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