Audubon State Bank

Audubon State Bank is headquartered in Audubon and is the 207^th largest bank in the state of Iowa. It is also the 5,215^st largest bank in the nation. It was established in 1876 and as of December of 2011, it had grown to 27 employees at 2 locations. Audubon State Bank has a 5-star health rating.

Audubon State Bank Routing Number: 073904159

Audubon State Bank Checking Account Rates

Audubon State Bank Savings Account Rates

Audubon State Bank CD Rates

Data for Q4 2011

Institution Statistics Audubon State Bank FDIC Certificate # 5814 BankRate Report View Year Established 1876 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $89.99 million Loans $65.19 million Deposits $77.04 million Equity Capital $7.97 million Loan Loss Allowance $1.04 million Unbacked Noncurrent Loans $347,000 Real Estate Owned $47,000 Historic Data - December 2010 Assets $85.79 million Equity Capital $7.45 million Loan Loss Allowance $1.16 million Unbacked Noncurrent Loans $702,000 Real Estate Owned $1,000 Profit Margin - Quarterly Net Interest Margin 3.79% Return on Assets 1.51% Return on Equity 17.19% Interest Income $3.68 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Audubon State Bank had $394,000 in non-current loans and owned real-estate with $9.01 million in equity and loan loss allowances on hand to cover it. This gives Audubon State Bank a Texas Ratio of 4.37% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Audubon State Bank decreased slightly from 6.18% as of December 31, 2010 to 4.37% as of December 31, 2011, resulting in a positive change of 29.22%.This indicates that the balance sheet and financial strength for Audubon State Bank has improved slightly in recent periods. Deposit Growth In the past year, Audubon State Bank has increased its total deposits by $2.59 million, resulting in 3.48% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Audubon State Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Audubon State Bank has $89.99 million in assets with $9.01 million in equity, resulting in a capitalization level of 10.01%, which is above average.

No reviews have been left for this bank yet. Be the first to review.