Danville State Savings Bank

Overview / Commentary
102 South Walnut
New London, IA 52645

Danville State Savings Bank is headquartered in New London and is the 147th largest bank in the state of Iowa. It is also the 3,325th largest bank in the nation. It was established in 1899 and as of March of 2021, it had grown to 35 employees at 2 locations. Danville State Savings Bank has an A health rating.


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Health Grade Components

FDIC Certificate #14772
Year Established1899
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD7.69%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$174.2MM$150.4MM
LoansQ1 2021vs Q1 2020$78.2MM$66.4MM
DepositsQ1 2021vs Q1 2020$152.5MM$129.0MM
Equity CapitalQ1 2021vs Q1 2020$21.3MM$21.0MM
Loan Loss AllowanceQ1 2021vs Q1 2020$654.00K$716.00K
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$1.2MM$1.9MM
Real Estate OwnedQ1 2021vs Q1 2020$250.00K$40.00K
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Danville State Savings Bank Checking Account Rates

2.00%*-$7.5kBlue Bonus Cash Checking
OTHER TIERS: 0.25% $7.5k+

Danville State Savings Bank Locations
Danville State Savings Bank102 South WalnutNew London, IA 52645
Danville Branch109 North Main StreetDanville, IA 52623

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