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Danville State Savings Bank


Overview / Commentary
www.danvillebank.com
319-367-5100
102 South Walnut
New London, IA 52645

Danville State Savings Bank is headquartered in New London and is the 148th largest bank in the state of Iowa. It is also the 3,390th largest bank in the nation. It was established in 1899 and as of June of 2020, it had grown to 36 employees at 2 locations. Danville State Savings Bank has a B+ health rating.

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Health
B+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #14772
Year Established1899
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.04%
Return on Equity - YTD7.52%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$156.6MM$146.4MM
LoansQ2 2020vs Q2 2019$68.5MM$60.9MM
DepositsQ2 2020vs Q2 2019$134.8MM$117.7MM
Equity CapitalQ2 2020vs Q2 2019$21.3MM$20.3MM
Loan Loss AllowanceQ2 2020vs Q2 2019$713.00K$845.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$3.5MM$1.1MM
Real Estate OwnedQ2 2020vs Q2 2019$40.00K$46.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Danville State Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$7.5kKasasa Saver
OTHER TIERS: 0.25% → $7.5k+

Danville State Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$7.5kKasasa Cash Checking
OTHER TIERS: 0.25% → $7.5k+
Locations


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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