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 146th largest bank in the state of Iowa. It is also the 3,274th largest bank in the nation. It was established in 1899 and as of September of 2021, it had grown to 37 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 - YTD0.87%
Return on Equity - YTD7.06%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$180.4MM$162.5MM
LoansQ3 2021vs Q3 2020$80.6MM$70.3MM
DepositsQ3 2021vs Q3 2020$158.4MM$140.8MM
Equity CapitalQ3 2021vs Q3 2020$21.6MM$21.2MM
Loan Loss AllowanceQ3 2021vs Q3 2020$773.00K$570.00K
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$941.00K$2.4MM
Real Estate OwnedQ3 2021vs Q3 2020$0$0
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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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