Overview / Commentary
7045 C Avenue Northeast
Cedar Rapids, IA 52402

BankIowa is headquartered in CEDAR RAPIDS and is the 30th largest bank in the state of Iowa. It is also the 1,197th largest bank in the nation. It was established in 1881 and as of March of 2023, it had grown to 128 employees at 13 locations. BankIowa has a B+ health rating.

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Additional Information

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"US citizen" or "PR" only.


Health Grade Components

FDIC Certificate #17282
Year Established1881
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD4.34%
Annual Interest Income$7.7MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$798.3MM$792.3MM
LoansQ1 2023vs Q1 2022$575.1MM$499.9MM
DepositsQ1 2023vs Q1 2022$663.0MM$668.4MM
Equity CapitalQ1 2023vs Q1 2022$79.7MM$80.3MM
Loan Loss AllowanceQ1 2023vs Q1 2022$6.5MM$6.3MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$9.0MM$10.3MM
Real Estate OwnedQ1 2023vs Q1 2022$0$0
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BankIowa CD Rates

5.00%$500-7 Month CD Special
4.64%$500-11 Month CD Special
4.01%$500-24 Month CD Special
3.49%$500-3 Month CD Special
3.26%$500-36 Month CD Special


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