City State Bank has filed a Form 13F-HR with the Securities and Exchange Commission, disclosing its equity securities holdings as of September 30, 2026. The filing, signed by Trust Operations Manager N. Samantha Pierangeli, details a portfolio consisting of 236 distinct positions.
The bank's largest equity holding is Apple Inc., with 18,696,409 shares valued at $56,142. Microsoft follows with 9,050,121 shares valued at $17,645. Other significant positions include Walmart Inc. (1,482,523 shares), Visa Inc. (877,542 shares), and JPMorgan Chase & Co. (2,842,491 shares).
The portfolio is heavily weighted toward exchange-traded funds (ETFs). Vanguard ETFs comprise a substantial portion of the holdings, including the Vanguard High Dividend Yield ETF (10,634,304 shares), the Vanguard Total Bond Market ETF (7,860,378 shares), and the Vanguard S&P 500 ETF (1,035,429 shares). Other major ETF positions include the iShares Core S&P 500 ETF (1,035,429 shares) and the iShares Silver Trust (168,490 shares).
Among individual stocks, the bank holds significant stakes in Deere & Co. (1,840,719 shares), Southern Co. (728,437 shares), and Caterpillar Inc. (3,068,029 shares). The filing lists all holdings as sole voting power with no shared voting or dispositive rights.
