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301 First Avenue
Rock Rapids, IA 51246

Frontier Bank (IA) is headquartered in Rock Rapids and is the 119st largest bank in the state of Iowa. It is also the 3,411st largest bank in the nation. It was established in 1994 and as of March of 2014, it had grown to 39 employees at 4 locations. Frontier Bank (IA)'s savings rates are 2X the national average, and it has a B+ health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Frontier Bank (IA) had $2.77 million in non-current loans and owned real-estate with $18.19 million in equity and loan loss allowances on hand to cover it. This gives Frontier Bank (IA) a Texas Ratio of 15.25% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Frontier Bank (IA) decreased slightly from 20.55% as of March 31, 2013 to 15.25% as of March 31, 2014, resulting in a positive change of 25.80%.This indicates that the balance sheet and financial strength for Frontier Bank (IA) has improved slightly in recent periods.

Deposit Growth


In the past year, Frontier Bank (IA) has increased its total deposits by $10.08 million, resulting in 8.83% 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 Frontier Bank (IA) has shown is excellent.



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. Frontier Bank (IA) has $170.18 million in assets with $18.19 million in equity, resulting in a capitalization level of 10.69%, which is above average.

Institution Statistics

FDIC Certificate #33922
Year Established1994
Primary RegulatorOCC
Assets and Liabilities
Assets$170.18 million
Loans$102.75 million
Deposits$124.21 million
Equity Capital$16.88 million
Loan Loss Allowance$1.32 million
Unbacked Noncurrent Loans$746,000
Real Estate Owned$2.03 million
Historic Data - March 2013
Assets$160.07 million
Equity Capital$17.06 million
Loan Loss Allowance$1.28 million
Unbacked Noncurrent Loans$746,000
Real Estate Owned$2.03 million
Profit Margin - Quarterly
Return on Assets0.81%
Return on Equity8.26%
Interest Income$1.79 million
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Frontier Bank (IA) Savings Account Rates

1.05%-$15kKasasa Saver - Qualifying
0.05%--Kasasa Saver - Non Qualifying

Frontier Bank (IA) Checking Account Rates

3.05%-$20kKasasa Cash - Qualifying
0.05%--Kasasa Cash - Non Qualifying

Frontier Bank (IA) Locations
George Branch210 E Dakota AveGeorge, IA 51237
Frontier Bank301 First AvenueRock Rapids, IA 51246
Little Rock Branch323 Main StreetLittle Rock, IA 51243
Sioux Falls Branch3501 W 57th StreetSioux Falls, SD 57108