Overview / Commentary
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.
Health
B+
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14521 |
| Year Established | 1923 |
| Employees | 255 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.98% |
| Return on Equity - YTD | 10.31% |
| Annual Interest Income | $42.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $1.61B$1.35B |
| Loans | Q3 2020vs Q3 2019 | $1.14B$964.9MM |
| Deposits | Q3 2020vs Q3 2019 | $1.38B$1.19B |
| Equity Capital | Q3 2020vs Q3 2019 | $152.3MM$126.5MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $18.8MM$14.7MM |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $16.0MM$4.6MM |
| Real Estate Owned | Q3 2020vs Q3 2019 | $259.00K$257.00K |
