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

BankIowa is headquartered in CEDAR RAPIDS and is the 29th largest bank in the state of Iowa. It is also the 1,177th largest bank in the nation. It was established in 1881 and as of March of 2024, it had grown to 130 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 - YTD0.6%
Return on Equity - YTD5.93%
Annual Interest Income$9.8MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$845.9MM$798.3MM
LoansQ1 2024vs Q1 2023$636.5MM$575.1MM
DepositsQ1 2024vs Q1 2023$643.2MM$663MM
Equity CapitalQ1 2024vs Q1 2023$85.1MM$79.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$7.1MM$6.5MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$8.4MM$9MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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BankIowa CD Rates

5.00%$500-5 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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