FIDELITY BANK

FIDELITY BANK Locations
177 South Jordan Creek Parkway
West Des Moines, IA 50266
www.fidelity-bank.com

FIDELITY BANK is headquartered in West Des Moines and is the 274th largest bank in the state of Iowa. It is also the 6,291st largest bank in the nation. It was established in 1927 and as of September of 2011, it had grown to 30 employees at 3 locations. FIDELITY BANK has a 3-star health rating.

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4.00% 7-Month CD at Fidelity Bank in OK and KS - 10/6/2008

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4.50% 16-Month CD at Fidelity Bank in Michigan - 9/18/2008

Fidelity Bank is offering a special 4.50% APY 16-month CD. The minimum deposit is $1,000, and it requires that you have a Fidelity Bank checking or savings account. The link to the promotion page (pdf) is located on the bank's front page.A branch visit...

2008

2007



Data for Q3 2011


Institution Statistics


FIDELITY BANK
FDIC Certificate #14251
BankRate ReportView
Year Established1927
Employees30
Primary RegulatorFDIC

Assets and Liabilities

Assets$53.97 million
Loans$42.85 million
Deposits$43.36 million
Equity Capital$7.19 million
Loan Loss Allowance$406,000
Unbacked Noncurrent Loans$605,000
Real Estate Owned$2.76 million

Historic Data - September 2010

Assets$54.49 million
Equity Capital$7.27 million
Loan Loss Allowance$467,000
Unbacked Noncurrent Loans$1.37 million
Real Estate Owned$777,000

Profit Margin - Quarterly

Net Interest Margin4.86%
Return on Assets-0.13%
Return on Equity-0.89%
Interest Income$1.94 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 September 30, 2011 FIDELITY BANK had $3.37 million in non-current loans and owned real-estate with $7.6 million in equity and loan loss allowances on hand to cover it. This gives FIDELITY BANK a Texas Ratio of 44.31% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for FIDELITY BANK increased slightly from 27.73% as of September 30, 2010 to 44.31% as of September 30, 2011, resulting in a negative change of 59.82%. This indicates that the balance sheet and financial strength for FIDELITY BANK has declined slightly in recent periods.
Deposit Growth2
In the past year, FIDELITY BANK has decreased its total deposits by $-451,000, resulting in -1.03% 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 FIDELITY BANK has shown is below average.
Capitalization5
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. FIDELITY BANK has $53.97 million in assets with $7.6 million in equity, resulting in a capitalization level of 14.08%, which is excellent.
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