Iowa State Bank 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Abbott Laboratories	Com	002824100	393	3,613	SH		SOLE	0	3,613	0	0
Abbvie Inc	Com	00287Y109	9,767	63,770	SH		SOLE	0	63,770	0	0
Abbvie Inc	Com	00287Y109	18	117	SH		DFND	0	117	0	0
Alphabet Inc Class A	Com	02079K305	5,235	2,402	SH		SOLE	0	2,402	0	0
Alphabet Inc Class A	Com	02079K305	4	2	SH		DFND	0	2	0	0
Amazon Inc	Com	023135106	4,603	43,340	SH		SOLE	0	43,340	0	0
Amazon Inc	Com	023135106	11	100	SH		DFND	0	100	0	0
American Tower Corp REIT	Com	03027X100	4,024	15,744	SH		SOLE	0	15,744	0	0
American Tower Corp REIT	Com	03027X100	9	36	SH		DFND	0	36	0	0
Amgen Inc	Com	031162100	2,712	11,145	SH		SOLE	0	11,145	0	0
Amgen Inc	Com	031162100	5	20	SH		DFND	0	20	0	0
Apple Inc	Com	037833100	12,475	91,247	SH		SOLE	0	91,247	0	0
Apple Inc	Com	037833100	9	64	SH		DFND	0	64	0	0
Berkshire Hathaway Inc Cl A	Com	084670108	2,863	7	SH		SOLE	0	7	0	0
Berkshire Hathaway Inc Cl B	Com	084670702	5,428	19,882	SH		SOLE	0	19,832	0	50
Best Buy Co Inc	Com	086516101	1,108	16,995	SH		SOLE	0	16,995	0	0
Best Buy Co Inc	Com	086516101	1	23	SH		DFND	0	23	0	0
BlackRock Inc	Com	09247X101	2,434	3,997	SH		SOLE	0	3,997	0	0
BlackRock Inc	Com	09247X101	3	5	SH		DFND	0	5	0	0
BlackRock Enhanced Equity Dividend Trust	Com	09251A104	165	18,667	SH		SOLE	0	18,667	0	0
Boeing Co	Com	097023105	227	1,660	SH		SOLE	0	1,660	0	0
Bristol-Myers Squibb Corp	Com	110122108	5,005	64,999	SH		SOLE	0	64,999	0	0
Bristol-Myers Squibb Corp	Com	110122108	8	100	SH		DFND	0	100	0	0
CVS Health Corporation	Com	126650100	3,673	39,641	SH		SOLE	0	39,641	0	0
CVS Health Corporation	Com	126650100	8	86	SH		DFND	0	86	0	0
Cardinal Health Inc	Com	14149Y108	1,688	32,288	SH		SOLE	0	32,288	0	0
Cardinal Health Inc	Com	14149Y108	3	61	SH		DFND	0	61	0	0
Caterpillar Inc	Com	149123101	2,707	15,144	SH		SOLE	0	15,144	0	0
Caterpillar Inc	Com	149123101	3	19	SH		DFND	0	19	0	0
Chemed Corp	Com	16359R103	587	1,250	SH		SOLE	0	1,250	0	0
Chevron Corp	Com	166764100	8,624	59,564	SH		SOLE	0	59,564	0	0
Chevron Corp	Com	166764100	14	96	SH		DFND	0	96	0	0
Cisco Systems Inc	Com	17275R102	6,702	157,183	SH		SOLE	0	157,183	0	0
Cisco Systems Inc	Com	17275R102	5	127	SH		DFND	0	127	0	0
Cognizant Technology Solutions Cl A	Com	192446102	2,513	37,236	SH		SOLE	0	37,236	0	0
Cognizant Technology Solutions Cl A	Com	192446102	5	70	SH		DFND	0	70	0	0
Comcast Corp New Cl A	Com	20030N101	2,666	67,942	SH		SOLE	0	67,942	0	0
Comcast Corp New Cl A	Com	20030N101	4	100	SH		DFND	0	100	0	0
ConocoPhillips	Com	20825C104	201	2,240	SH		SOLE	0	2,240	0	0
Consolidated Edison Inc	Com	209115104	530	5,569	SH		SOLE	0	5,569	0	0
Digital Realty Trust Inc	Com	253868103	3,768	29,021	SH		SOLE	0	29,021	0	0
Digital Realty Trust Inc	Com	253868103	19	145	SH		DFND	0	145	0	0
Walt Disney Company	Com	254687106	2,276	24,105	SH		SOLE	0	24,105	0	0
Walt Disney Company	Com	254687106	3	30	SH		DFND	0	30	0	0
Dollar Tree Inc	Com	256746108	5,073	32,553	SH		SOLE	0	32,553	0	0
Dow Inc	Com	260557103	5,143	99,656	SH		SOLE	0	99,656	0	0
Dow Inc	Com	260557103	8	153	SH		DFND	0	153	0	0
Duke Energy Corp	Com	26441C204	3,446	32,147	SH		SOLE	0	32,147	0	0
Duke Energy Corp	Com	26441C204	18	169	SH		DFND	0	169	0	0
EOG Resources Inc	Com	26875P101	2,212	20,033	SH		SOLE	0	20,033	0	0
EOG Resources Inc	Com	26875P101	4	40	SH		DFND	0	40	0	0
eBay Inc	Com	278642103	1,711	41,070	SH		SOLE	0	41,070	0	0
Ecolab Inc	Com	278865100	2,053	13,354	SH		SOLE	0	13,354	0	0
Ecolab Inc	Com	278865100	3	20	SH		DFND	0	20	0	0
Emerson Electric Co	Com	291011104	7,140	89,762	SH		SOLE	0	89,762	0	0
Emerson Electric Co	Com	291011104	14	172	SH		DFND	0	172	0	0
Exelon Corp	Com	30161N101	2,622	57,846	SH		SOLE	0	57,846	0	0
Exelon Corp	Com	30161N101	7	152	SH		DFND	0	152	0	0
Exxon Mobil Corp	Com	30231G102	5,424	63,334	SH		SOLE	0	63,334	0	0
Exxon Mobil Corp	Com	30231G102	7	82	SH		DFND	0	82	0	0
Meta Platforms Inc	Com	30303M102	2,426	15,046	SH		SOLE	0	15,046	0	0
Meta Platforms Inc	Com	30303M102	2	10	SH		DFND	0	10	0	0
Gilead Sciences Inc	Com	375558103	2,603	42,111	SH		SOLE	0	42,111	0	0
Gilead Sciences Inc	Com	375558103	5	81	SH		DFND	0	81	0	0
The Hershey Company	Com	427866108	522	2,426	SH		SOLE	0	2,426	0	0
Home Depot Inc	Com	437076102	242	883	SH		SOLE	0	883	0	0
Honeywell Intl Inc	Com	438516106	277	1,592	SH		SOLE	0	1,592	0	0
ING Groep NV ADR	Com	456837103	778	78,403	SH		SOLE	0	78,403	0	0
Intel Corp	Com	458140100	3,782	101,084	SH		SOLE	0	101,084	0	0
Intel Corp	Com	458140100	5	132	SH		DFND	0	132	0	0
Intercontinental Exchange Inc	Com	45866F104	2,757	29,312	SH		SOLE	0	29,312	0	0
Intercontinental Exchange Inc	Com	45866F104	3	30	SH		DFND	0	30	0	0
IBM Corp	Com	459200101	3,220	22,807	SH		SOLE	0	22,807	0	0
IBM Corp	Com	459200101	5	32	SH		DFND	0	32	0	0
Invesco QQQ Trust	Com	46090E103	761	2,716	SH		SOLE	0	2,716	0	0
Invesco Preferred ETF	Com	46138E511	15,012	1,216,519	SH		SOLE	0	1,213,270	3,249	0
Invesco Preferred ETF	Com	46138E511	70	5,712	SH		DFND	0	5,712	0	0
Invesco BulletShares 2027 Corporate Bond ETF	Com	46138J783	1,147	59,235	SH		SOLE	0	59,235	0	0
Invesco BulletShares 2026 Corporate Bond ETF	Com	46138J791	888	46,089	SH		SOLE	0	46,089	0	0
Invesco BulletShares 2025 Corporate Bond ETF	Com	46138J825	365	17,855	SH		SOLE	0	17,855	0	0
Invesco BulletShares 2024 Corporate Bond ETF	Com	46138J841	1,140	54,981	SH		SOLE	0	54,981	0	0
Invesco BulletShares 2023 Corporate Bond ETF	Com	46138J866	381	18,203	SH		SOLE	0	18,203	0	0
iShares Core S&P 500 ETF	Com	464287200	754	1,989	SH		SOLE	0	1,989	0	0
iShares Core U.S. Agg Bond ETF	Com	464287226	1,048	10,310	SH		SOLE	0	10,310	0	0
iShares Core S&P Mid-Cap 400 Index ETF	Com	464287507	15,049	66,523	SH		SOLE	0	66,523	0	0
iShares Russell 2000 Index ETF	Com	464287655	281	1,662	SH		SOLE	0	1,662	0	0
iShares Core S&P Small-Cap 600 ETF	Com	464287804	7,483	80,972	SH		SOLE	0	80,972	0	0
Ishares Dow Jones US Health Care Prov Index	Com	464288828	511	2,000	SH		SOLE	0	2,000	0	0
iShares Tr MSCI USA Minimum Volatility ETF	Com	46429B697	1,304	18,570	SH		SOLE	0	18,570	0	0
iShares Core MSCI EAFE ETF	Com	46432F842	9,407	159,850	SH		SOLE	0	159,850	0	0
iShares Core MSCI Emerging Mkts ETF	Com	46434G103	4,366	88,999	SH		SOLE	0	88,999	0	0
iShares iBonds 2028 Term Corp ETF	Com	46435U515	840	33,670	SH		SOLE	0	33,670	0	0
iShares iBonds 2029 Term Corp ETF	Com	46436E205	1,104	48,321	SH		SOLE	0	48,321	0	0
iShares iBonds 2031 Term Corp ETF	Com	46436E486	255	12,265	SH		SOLE	0	12,265	0	0
iShares iBonds 2030 Term Corp ETF	Com	46436E726	520	24,312	SH		SOLE	0	24,312	0	0
JP Morgan Chase & Co	Com	46625H100	8,067	71,641	SH		SOLE	0	71,641	0	0
JP Morgan Chase & Co	Com	46625H100	10	90	SH		DFND	0	90	0	0
Johnson & Johnson	Com	478160104	7,479	42,134	SH		SOLE	0	42,134	0	0
Johnson & Johnson	Com	478160104	4	20	SH		DFND	0	20	0	0
Eli Lilly & Co	Com	532457108	449	1,386	SH		SOLE	0	1,386	0	0
Lowes Companies Inc	Com	548661107	3,155	18,063	SH		SOLE	0	18,063	0	0
Lowes Companies Inc	Com	548661107	5	28	SH		DFND	0	28	0	0
Masco Corp	Com	574599106	3,534	69,844	SH		SOLE	0	69,844	0	0
McDonalds Corp	Com	580135101	4,540	18,391	SH		SOLE	0	18,391	0	0
McDonalds Corp	Com	580135101	14	58	SH		DFND	0	58	0	0
Merck & Co Inc	Com	58933Y105	3,557	39,016	SH		SOLE	0	39,016	0	0
Merck & Co Inc	Com	58933Y105	5	53	SH		DFND	0	53	0	0
MetLife Inc	Com	59156R108	3,806	60,622	SH		SOLE	0	60,622	0	0
MetLife Inc	Com	59156R108	7	110	SH		DFND	0	110	0	0
Microsoft Corp	Com	594918104	12,620	49,139	SH		SOLE	0	49,139	0	0
Microsoft Corp	Com	594918104	4	17	SH		DFND	0	17	0	0
Morgan Stanley	Com	617446448	4,749	62,433	SH		SOLE	0	62,433	0	0
Morgan Stanley	Com	617446448	6	81	SH		DFND	0	81	0	0
Oracle Corp	Com	68389X105	3,571	51,108	SH		SOLE	0	51,108	0	0
Otter Tail Corporation	Com	689648103	456	6,796	SH		SOLE	0	6,796	0	0
Pepsico Inc	Com	713448108	8,182	49,092	SH		SOLE	0	49,092	0	0
Pepsico Inc	Com	713448108	7	40	SH		DFND	0	40	0	0
Pfizer Inc	Com	717081103	10,476	199,803	SH		SOLE	0	199,803	0	0
Pfizer Inc	Com	717081103	20	390	SH		DFND	0	390	0	0
Principal Financial Group	Com	74251V102	4,072	60,969	SH		SOLE	0	60,969	0	0
Principal Financial Group	Com	74251V102	4	59	SH		DFND	0	59	0	0
Procter & Gamble Co	Com	742718109	8,114	56,430	SH		SOLE	0	56,430	0	0
Procter & Gamble Co	Com	742718109	21	143	SH		DFND	0	143	0	0
Prudential Financial	Com	744320102	5,943	62,110	SH		SOLE	0	62,110	0	0
Prudential Financial	Com	744320102	10	102	SH		DFND	0	102	0	0
QCR Holdings Inc	Com	74727A104	446	8,260	SH		SOLE	0	8,260	0	0
QUALCOMM Inc	Com	747525103	2,725	21,336	SH		SOLE	0	21,336	0	0
QUALCOMM Inc	Com	747525103	11	90	SH		DFND	0	90	0	0
SPDR S&P 500 ETF	Com	78462F103	3,610	9,569	SH		SOLE	0	9,569	0	0
SPDR Gold Shares	Com	78463V107	229	1,357	SH		SOLE	0	1,357	0	0
SPDR MSCI ACWI ex-US ETF	Com	78463X848	9,385	394,658	SH		SOLE	0	394,658	0	0
SPDR S&P 500 Growth ETF	Com	78464A409	2,285	43,714	SH		SOLE	0	43,714	0	0
SPDR Dow Jones Industrial Average	Com	78467X109	4,577	14,870	SH		SOLE	0	14,870	0	0
SPDR SSGA US Low Volatility Index ETF	Com	78468R804	394	3,008	SH		SOLE	0	3,008	0	0
Salesforce Inc	Com	79466L302	3,853	23,343	SH		SOLE	0	23,343	0	0
Salesforce Inc	Com	79466L302	8	50	SH		DFND	0	50	0	0
Health Care Select Sector SPDR ETF	Com	81369Y209	256	2,000	SH		SOLE	0	2,000	0	0
Energy Select Sector SPDR ETF	Com	81369Y506	292	4,079	SH		SOLE	0	4,079	0	0
Skyworks Solutions	Com	83088M102	1,364	14,729	SH		SOLE	0	14,729	0	0
Southern Co	Com	842587107	211	2,965	SH		SOLE	0	2,965	0	0
Starbucks Corporation	Com	855244109	2,285	29,913	SH		SOLE	0	29,913	0	0
Starbucks Corporation	Com	855244109	2	20	SH		DFND	0	20	0	0
Sysco Corp	Com	871829107	3,978	46,959	SH		SOLE	0	46,959	0	0
Sysco Corp	Com	871829107	6	67	SH		DFND	0	67	0	0
Target Corp	Com	87612E106	276	1,951	SH		SOLE	0	1,951	0	0
Truist Financial Corp	Com	89832Q109	2,706	57,055	SH		SOLE	0	57,055	0	0
Truist Financial Corp	Com	89832Q109	5	99	SH		DFND	0	99	0	0
Twitter Inc	Com	90184L102	2,135	57,095	SH		SOLE	0	57,095	0	0
Twitter Inc	Com	90184L102	5	125	SH		DFND	0	125	0	0
US Bancorp	Com	902973304	220	4,788	SH		SOLE	0	4,788	0	0
United Parcel Service	Com	911312106	15,456	84,674	SH		SOLE	0	73,774	0	10,900
United Parcel Service	Com	911312106	25	137	SH		DFND	0	137	0	0
Vanguard Russell 2000 Index Fund Instl	Com	92206C656	5,759	22,002	SH		SOLE	0	21,991	12	0
Vanguard Russell 2000 Index Fund Instl	Com	92206C656	1	4	SH		DFND	0	4	0	0
Vanguard Total Stock Market	Com	922908769	206	1,093	SH		SOLE	0	1,093	0	0
Paramount Global Class B	Com	92556H206	2,150	87,099	SH		SOLE	0	87,099	0	0
Paramount Global Class B	Com	92556H206	2	98	SH		DFND	0	98	0	0
Visa Inc	Com	92826C839	3,770	19,149	SH		SOLE	0	19,149	0	0
Visa Inc	Com	92826C839	5	25	SH		DFND	0	25	0	0
Wal-Mart Stores Inc	Com	931142103	341	2,805	SH		SOLE	0	2,805	0	0
Walgreens Boots Alliance Inc	Com	931427108	1,869	49,327	SH		SOLE	0	49,327	0	0
Walgreens Boots Alliance Inc	Com	931427108	3	78	SH		DFND	0	78	0	0
Wells Fargo & Co	Com	949746101	469	11,972	SH		SOLE	0	11,972	0	0
Yum Brands Inc	Com	988498101	2,088	18,395	SH		SOLE	0	18,395	0	0
Eaton Corp PLC	Com	G29183103	3,893	30,898	SH		SOLE	0	30,898	0	0
Eaton Corp PLC	Com	G29183103	18	143	SH		DFND	0	143	0	0