Bank Iowa is headquartered in WEST DES MOINES and is the 12th largest bank in the state of Iowa. It is also the 577th largest bank in the nation. It was established in 1923 and as of June of 2023, it had grown to 265 employees at 25 locations. Bank Iowa's money market rates are 4X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 14521 |
Year Established | 1923 |
Employees | 265 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.17% |
Return on Equity - YTD | 17.21% |
Annual Interest Income | $42.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $1.97B$1.79B |
Loans | Q2 2023vs Q2 2022 | $1.41B$1.20B |
Deposits | Q2 2023vs Q2 2022 | $1.60B$1.59B |
Equity Capital | Q2 2023vs Q2 2022 | $137.4MM$122.3MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $21.1MM$19.6MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $6.8MM$9.3MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $17.00K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.31%* | $100k* | - | Interest Checking | ||
OTHER TIERS: 0.10% → Up to $10k | 0.15% → $10k - $25k | 0.21% → $25k - $100k | |||||
0.11% | $500 | - | Prestige Checking |