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 546th largest bank in the nation. It was established in 1879 and as of March of 2025, it had grown to 291 employees at 24 locations. Central Bank (IA) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #15555
Year Established1879
Employees291
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD6.15%
Annual Interest Income$28MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.19B$2.19B
LoansQ1 2025vs Q1 2024$1.87B$1.9B
DepositsQ1 2025vs Q1 2024$1.86B$1.81B
Equity CapitalQ1 2025vs Q1 2024$201.9MM$199.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$19.7MM$19.5MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.2MM$4.2MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations

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