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Bridge Community Bank


Overview / Commentary
www.bridge.bank
319-895-8200
302 Highway 1 South
Mount Vernon, IA 52314

Bridge Community Bank is headquartered in Mount Vernon and is the 182nd largest bank in the state of Iowa. It is also the 3,735th largest bank in the nation. It was established in 1903 and as of March of 2021, it had grown to 18 employees at 3 locations. Bridge Community Bank has an A health rating.

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Health
A

Data as of Q1 2021

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Health Grade Components

Overall
FDIC Certificate #12717
Year Established1903
Employees18
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.77%
Return on Equity - YTD8.24%
Annual Interest Income$898.00K
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$131.9MM$101.3MM
LoansQ1 2021vs Q1 2020$78.6MM$74.6MM
DepositsQ1 2021vs Q1 2020$118.9MM$88.9MM
Equity CapitalQ1 2021vs Q1 2020$12.2MM$11.6MM
Loan Loss AllowanceQ1 2021vs Q1 2020$749.00K$646.00K
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$0$0
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bridge Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Individual Retirement Account (IRA)
OTHER TIERS: 0.10% → $100 - $2k | 0.20% → $2k - $10k | 0.30% → $10k - $50k
0.05%$10-Classic Savings Account
0.05%$10-Youth Don't Spend Savings Account
0.05%$10-Christmas Club

Bridge Community Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$50k*-Money Market
OTHER TIERS: 0.05% → $1 - $50k
0.10%*$50k*-Money Market Plus
OTHER TIERS: 0.05% → $10k - $50k

Bridge Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$50k*-N.O.W Account Plus
OTHER TIERS: 0.05% → $10k - $50k
0.05%$1k-N.O.W
0.05%$2.5k-Super N.O.W. Account

Bridge Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$500-48 Month CD
0.20%$500-30 Month CD
0.15%$500-18 Month CD
0.10%$500-12 Month CD
Locations


Bridge Community Bank Locations
Mechanicsville Branch200 South Cherry StreetMechanicsville, IA 52306
Bridge Community Bank302 Highway 1 SouthMount Vernon, IA 52314
Bridge Community Bank - Solon Branch405 East 5th StreetSolon, IA 52333

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