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.
|FDIC Certificate #||14521|
|Return on Assets - YTD||1.01%|
|Return on Equity - YTD||11.84%|
|Annual Interest Income||$37.8MM|
|Assets and Liabilities|
|Assets||Q3 2018vs Q3 2017||$1.28B$1.24B|
|Loans||Q3 2018vs Q3 2017||$874.1MM$846.9MM|
|Deposits||Q3 2018vs Q3 2017||$1.07B$1.04B|
|Equity Capital||Q3 2018vs Q3 2017||$108.1MM$114.5MM|
|Loan Loss Allowance||Q3 2018vs Q3 2017||$14.0MM$13.5MM|
|Unbacked Noncurrent Loans||Q3 2018vs Q3 2017||$4.3MM$3.1MM|
|Real Estate Owned||Q3 2018vs Q3 2017||$233.00K$33.00K|
Rates for Bank Iowa are currently being reviewed.