Bank Iowa

Overview / Commentary
1225 Jordan Creek Parkway, #
West Des Moines, IA 50266

Bank Iowa is headquartered in West Des Moines and is the 12th largest bank in the state of Iowa. It is also the 611th largest bank in the nation. It was established in 1923 and as of March of 2021, it had grown to 257 employees at 25 locations. Bank Iowa has an A health rating.

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Health Grade Components

FDIC Certificate #14521
Year Established1923
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD12.11%
Annual Interest Income$14.5MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$1.71B$1.48B
LoansQ1 2021vs Q1 2020$1.15B$1.05B
DepositsQ1 2021vs Q1 2020$1.50B$1.25B
Equity CapitalQ1 2021vs Q1 2020$153.0MM$141.4MM
Loan Loss AllowanceQ1 2021vs Q1 2020$18.8MM$16.0MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$8.0MM$5.0MM
Real Estate OwnedQ1 2021vs Q1 2020$0$718.00K

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