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 10th largest bank in the state of Iowa. It is also the 548th largest bank in the nation. It was established in 1879 and as of September of 2024, it had grown to 286 employees at 25 locations. Central Bank (IA) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #15555
Year Established1879
Employees286
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.54%
Return on Equity - YTD5.81%
Annual Interest Income$85.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$2.19B$2.14B
LoansQ3 2024vs Q3 2023$1.91B$1.84B
DepositsQ3 2024vs Q3 2023$1.82B$1.71B
Equity CapitalQ3 2024vs Q3 2023$203.2MM$184MM
Loan Loss AllowanceQ3 2024vs Q3 2023$19.7MM$19.3MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$660K$3.2MM
Real Estate OwnedQ3 2024vs Q3 2023$428K$0
Rates

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Locations

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Sioux City Area

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