Bank Iowa

Overview / Commentary
1150 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 618th largest bank in the nation. It was established in 1923 and as of March of 2019, it had grown to 254 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 - YTD1%
Return on Equity - YTD11.05%
Annual Interest Income$13.2MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$1.30B$1.31B
LoansQ1 2019vs Q1 2018$929.7MM$867.0MM
DepositsQ1 2019vs Q1 2018$1.10B$1.11B
Equity CapitalQ1 2019vs Q1 2018$119.6MM$111.3MM
Loan Loss AllowanceQ1 2019vs Q1 2018$14.3MM$13.8MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$5.0MM$544.00K
Real Estate OwnedQ1 2019vs Q1 2018$48.00K$33.00K

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