Overview / Commentary
515-225-0710
1150 Jordan Creek Parkway
West Des Moines, IA 50266

Bank Iowa is headquartered in West Des Moines and is the 11th largest bank in the state of Iowa. It is also the 616th largest bank in the nation. It was established in 1923 and as of September of 2018, it had grown to 248 employees at 25 locations. Bank Iowa has an A health rating.

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15-Month CD Special,1.80% APY - 12/21/2017

Bank Iowa has a 15-month CD Special (1.80% APY). $10,000 minimum. 24 branches all across Iowa. https://www.bankiowa.bank/assets/files/BIikdANw/r/Dec.+CD+special+handout+v1.pdf

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Health

Health Grade Components

Overall
FDIC Certificate #14521
Year Established1923
Employees248
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.01%
Return on Equity - YTD11.84%
Annual Interest Income$37.8MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$1.28B$1.24B
LoansQ3 2018vs Q3 2017$874.1MM$846.9MM
DepositsQ3 2018vs Q3 2017$1.07B$1.04B
Equity CapitalQ3 2018vs Q3 2017$108.1MM$114.5MM
Loan Loss AllowanceQ3 2018vs Q3 2017$14.0MM$13.5MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$4.3MM$3.1MM
Real Estate OwnedQ3 2018vs Q3 2017$233.00K$33.00K
Rates

Rates for Bank Iowa are currently being reviewed.

Locations

Availability



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