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 557th largest bank in the nation. It was established in 1879 and as of December of 2024, it had grown to 277 employees at 24 locations. Central Bank (IA) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #15555
Year Established1879
Employees277
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD5.56%
Annual Interest Income$114.2MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$2.17B$2.14B
LoansQ4 2024vs Q4 2023$1.89B$1.87B
DepositsQ4 2024vs Q4 2023$1.84B$1.73B
Equity CapitalQ4 2024vs Q4 2023$199.9MM$199.6MM
Loan Loss AllowanceQ4 2024vs Q4 2023$19.7MM$19.5MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$817K$2.4MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

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Locations

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