Iowa State Bank (15947)

Iowa State Bank (15947) is headquartered in Clarksville and is the 82^nd largest bank in the state of Iowa. It is also the 2,951^st largest bank in the nation. It was established in 1918 and as of March of 2012, it had grown to 28 employees at 3 locations. Iowa State Bank (15947)'s savings rates are 6X the national average, and it has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Iowa State Bank FDIC Certificate # 15947 BankRate Report View Year Established 1918 Employees 28 Primary Regulator FDIC Assets and Liabilities Assets $215.68 million Loans $137.12 million Deposits $197.25 million Equity Capital $17.56 million Loan Loss Allowance $2.02 million Unbacked Noncurrent Loans $768,000 Real Estate Owned $580,000 Historic Data - March 2011 Assets $217.42 million Equity Capital $15.97 million Loan Loss Allowance $1.72 million Unbacked Noncurrent Loans $557,000 Real Estate Owned $1.22 million Profit Margin - Quarterly Net Interest Margin 3.54% Return on Assets 1.68% Return on Equity 20.55% Interest Income $2.32 million

Institution Health Overall Score: 4 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 Iowa State Bank (15947) had $1.35 million in non-current loans and owned real-estate with $19.58 million in equity and loan loss allowances on hand to cover it. This gives Iowa State Bank (15947) a Texas Ratio of 6.88% 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 Iowa State Bank (15947) decreased slightly from 9.64% as of March 31, 2011 to 6.88% as of March 31, 2012, resulting in a positive change of 28.58%.This indicates that the balance sheet and financial strength for Iowa State Bank (15947) has improved slightly in recent periods. Deposit Growth In the past year, Iowa State Bank (15947) has decreased its total deposits by -$3.31 million, resulting in -1.65% 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 Iowa State Bank (15947) has shown is below 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. Iowa State Bank (15947) has $215.68 million in assets with $19.58 million in equity, resulting in a capitalization level of 9.08%, which is average.

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