Frontier Savings Bank

Frontier Savings Bank is headquartered in Council Bluffs and is the 317^st largest bank in the state of Iowa. It is also the 6,851^st largest bank in the nation. It was established in 2000 and as of March of 2012, it had grown to 12 employees at 2 locations. Frontier Savings Bank has a 5-star health rating.

Frontier Savings Bank Routing Number: 104022751

Frontier Savings Bank CD Rates

Frontier Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics Frontier Savings Bank FDIC Certificate # 35432 BankRate Report View Year Established 2000 Employees 12 Primary Regulator FED Assets and Liabilities Assets $33.74 million Loans $15.44 million Deposits $29.01 million Equity Capital $3.95 million Loan Loss Allowance $201,000 Real Estate Owned $604,000 Historic Data - March 2011 Assets $31.49 million Equity Capital $3.84 million Loan Loss Allowance $201,000 Real Estate Owned $604,000 Profit Margin - Quarterly Net Interest Margin 3.86% Return on Assets 0.27% Return on Equity 2.24% Interest Income $304,000

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 March 31, 2012 Frontier Savings Bank had $604,000 in non-current loans and owned real-estate with $4.15 million in equity and loan loss allowances on hand to cover it. This gives Frontier Savings Bank a Texas Ratio of 14.57% 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 Savings Bank held steady from 14.94% as of March 31, 2011 to 14.57% as of March 31, 2012, resulting in a positive change of 2.48%.This indicates that the balance sheet and financial strength for Frontier Savings Bank has held steady in recent periods. Deposit Growth In the past year, Frontier Savings Bank has increased its total deposits by $1.43 million, resulting in 5.19% 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 Savings Bank has shown is excellent. 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. Frontier Savings Bank has $33.74 million in assets with $4.15 million in equity, resulting in a capitalization level of 12.29%, which is excellent.

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