Central Bank (IA)

Overview / Commentary
600 Lake Avenue
Storm Lake, IA 50588

Central Bank (IA) is headquartered in Storm Lake and is the 15th largest bank in the state of Iowa. It is also the 660th largest bank in the nation. It was established in 1879 and as of December of 2020, it had grown to 283 employees at 25 locations. Central Bank (IA) has an A health rating.


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Health Grade Components

FDIC Certificate #15555
Year Established1879
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.31%
Return on Equity - YTD13.73%
Annual Interest Income$55.1MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$1.50B$929.9MM
LoansQ4 2020vs Q4 2019$1.26B$738.2MM
DepositsQ4 2020vs Q4 2019$1.33B$823.6MM
Equity CapitalQ4 2020vs Q4 2019$139.5MM$93.2MM
Loan Loss AllowanceQ4 2020vs Q4 2019$13.8MM$10.1MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$1.7MM$824.00K
Real Estate OwnedQ4 2020vs Q4 2019$300.00K$45.00K

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