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 12th largest bank in the state of Iowa. It is also the 602nd largest bank in the nation. It was established in 1923 and as of September of 2020, it had grown to 255 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
Employees255
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD10.31%
Annual Interest Income$42.6MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$1.61B$1.35B
LoansQ3 2020vs Q3 2019$1.14B$964.9MM
DepositsQ3 2020vs Q3 2019$1.38B$1.19B
Equity CapitalQ3 2020vs Q3 2019$152.3MM$126.5MM
Loan Loss AllowanceQ3 2020vs Q3 2019$18.8MM$14.7MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$16.0MM$4.6MM
Real Estate OwnedQ3 2020vs Q3 2019$259.00K$257.00K
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Locations

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