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 606th largest bank in the nation. It was established in 1923 and as of June of 2020, it had grown to 253 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 - YTD0.94%
Return on Equity - YTD9.83%
Annual Interest Income$28.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.57B$1.34B
LoansQ2 2020vs Q2 2019$1.14B$950.7MM
DepositsQ2 2020vs Q2 2019$1.35B$1.15B
Equity CapitalQ2 2020vs Q2 2019$148.3MM$123.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$17.6MM$14.5MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$7.1MM$7.2MM
Real Estate OwnedQ2 2020vs Q2 2019$506.00K$33.00K

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