Bank Iowa


Overview / Commentary
515-225-0710
1225 Jordan Creek Parkway, #
West Des Moines, IA 50266

Bank Iowa is headquartered in West Des Moines and is the 13th largest bank in the state of Iowa. It is also the 607th largest bank in the nation. It was established in 1923 and as of June of 2022, it had grown to 264 employees at 25 locations. Bank Iowa has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #14521
Year Established1923
Employees264
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.36%
Return on Equity - YTD16.92%
Annual Interest Income$29.9MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.79B$1.71B
LoansQ2 2022vs Q2 2021$1.20B$1.13B
DepositsQ2 2022vs Q2 2021$1.59B$1.50B
Equity CapitalQ2 2022vs Q2 2021$122.3MM$159.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$19.6MM$19.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$9.3MM$8.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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Locations

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