Central Bank (IA)


Overview / Commentary
712-732-2190
600 Lake Avenue
Storm Lake, IA 50588

Central Bank (IA) is headquartered in Storm Lake and is the 16th largest bank in the state of Iowa. It is also the 671st largest bank in the nation. It was established in 1879 and as of June of 2020, it had grown to 274 employees at 26 locations. Central Bank (IA) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #15555
Year Established1879
Employees274
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.05%
Return on Equity - YTD10.78%
Annual Interest Income$25.5MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.42B$884.8MM
LoansQ2 2020vs Q2 2019$1.19B$755.6MM
DepositsQ2 2020vs Q2 2019$1.24B$756.4MM
Equity CapitalQ2 2020vs Q2 2019$132.7MM$86.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$12.1MM$9.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.4MM$1.5MM
Real Estate OwnedQ2 2020vs Q2 2019$8.0MM$180.00K
Rates

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Locations

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Sioux City Area

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