Bank Iowa is headquartered in West Des Moines and is the 13th largest bank in the state of Iowa. It is also the 607th largest bank in the nation. It was established in 1923 and as of June of 2022, it had grown to 264 employees at 25 locations. Bank Iowa's money market rates are 3X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 14521 |
Year Established | 1923 |
Employees | 264 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.36% |
Return on Equity - YTD | 16.92% |
Annual Interest Income | $29.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2022vs Q2 2021 | $1.79B$1.71B |
Loans | Q2 2022vs Q2 2021 | $1.20B$1.13B |
Deposits | Q2 2022vs Q2 2021 | $1.59B$1.50B |
Equity Capital | Q2 2022vs Q2 2021 | $122.3MM$159.4MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $19.6MM$19.0MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $9.3MM$8.1MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.36%* | $100k* | - | Interest Checking | ||
OTHER TIERS: 0.18% → Up to $10k | 0.23% → $10k - $25k | 0.27% → $25k - $100k | |||||
0.19% | $500 | - | Prestige Checking |