Iowa State Savings Bank

Iowa State Savings Bank is headquartered in Creston and is the 87^th largest bank in the state of Iowa. It is also the 3,189^th largest bank in the nation. It was established in 1883 and as of September of 2011, it had grown to 51 employees at 6 locations. Iowa State Savings Bank's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

Iowa State Savings Bank Routing Number: 073902821

Iowa State Savings Bank Checking Account Rates

Iowa State Savings Bank Savings Account Rates

Iowa State Savings Bank CD Rates

Iowa State Savings Bank IRA Rates

Data for Q3 2011

Institution Statistics Iowa State Savings Bank FDIC Certificate # 8751 BankRate Report View Year Established 1883 Employees 51 Primary Regulator FDIC Assets and Liabilities Assets $193.29 million Loans $121.72 million Deposits $167.61 million Equity Capital $16.13 million Loan Loss Allowance $1.24 million Unbacked Noncurrent Loans $695,000 Real Estate Owned $375,000 Historic Data - September 2010 Assets $181.62 million Equity Capital $15.61 million Loan Loss Allowance $1.15 million Unbacked Noncurrent Loans $212,000 Real Estate Owned $193,000 Profit Margin - Quarterly Net Interest Margin 4.25% Return on Assets 0.61% Return on Equity 7.5% Interest Income $6.52 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 September 30, 2011 Iowa State Savings Bank had $1.07 million in non-current loans and owned real-estate with $17.37 million in equity and loan loss allowances on hand to cover it. This gives Iowa State Savings Bank a Texas Ratio of 6.16% 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 Savings Bank held steady from 2.42% as of September 30, 2010 to 6.16% as of September 30, 2011, resulting in a negative change of 154.83%. This indicates that the balance sheet and financial strength for Iowa State Savings Bank has held steady in recent periods. Deposit Growth In the past year, Iowa State Savings Bank has increased its total deposits by $14.16 million, resulting in 9.23% 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 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. Iowa State Savings Bank has $193.29 million in assets with $17.37 million in equity, resulting in a capitalization level of 8.99%, which is average.

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