About Us

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.

Because of our ownership model, we have the unique ability to serve our customers efficiently by responding quickly with customized solutions to meet their needs. Our team is local. Our focus is local. And our commitment is to advance the financial success of the people who count on us.

I hope you find our newly updated site useful, informative, and easy to use. We want you to have an exceptional experience with State Bank whether it is in person, online, or through mobile banking.

We invite you to explore the ways you can benefit from banking and insuring with us.

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