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 617th largest bank in the nation. It was established in 1923 and as of June of 2021, it had grown to 254 employees at 25 locations. Bank Iowa has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #14521
Year Established1923
Employees254
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD13.85%
Annual Interest Income$29.9MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$1.71B$1.57B
LoansQ2 2021vs Q2 2020$1.13B$1.14B
DepositsQ2 2021vs Q2 2020$1.50B$1.35B
Equity CapitalQ2 2021vs Q2 2020$159.4MM$148.3MM
Loan Loss AllowanceQ2 2021vs Q2 2020$19.0MM$17.6MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$8.1MM$7.1MM
Real Estate OwnedQ2 2021vs Q2 2020$0$506.00K
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Locations

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Des Moines Area

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