Community State Bank (Ankeny, IA)
Community State Bank (Ankeny, IA)
Overview / Commentary
Community State Bank (Ankeny, IA) is headquartered in Ankeny and is the 23rd largest bank in the state of Iowa. It is also the 946th largest bank in the nation. It was established in 1960 and as of March of 2020, it had grown to 146 employees at 10 locations. Community State Bank (Ankeny, IA) has an A+ health rating.
Reviews (1)
Ankeny Community State Bank Is Being Bought In $80M Deal
Posted by: rmbn | May 24, 2016
QCR Holdings, Inc., the parent company of Quad-City Bank and Trust Company (Moline, IL based) announced May 23, 2016 that it will acquire the Community State Bank with branches across the Des Moines, IA metro area, including three in Ankeny. The Community Bank will continue to operate as an independent bank and retain its name, leadership, and 170 employees.(Reported in the QC Times)
Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18272 |
| Year Established | 1960 |
| Employees | 146 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 4.26% |
| Annual Interest Income | $9.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $865.1MM$785.8MM |
| Loans | Q1 2020vs Q1 2019 | $626.6MM$581.7MM |
| Deposits | Q1 2020vs Q1 2019 | $743.6MM$673.2MM |
| Equity Capital | Q1 2020vs Q1 2019 | $100.6MM$89.8MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $7.7MM$6.3MM |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $1.1MM$439.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$200.00K |