Overview / Commentary
370 Main Street
Lansing, IA 52151

Kerndt Brothers Savings Bank is headquartered in Lansing and is the 73rd largest bank in the state of Iowa. It is also the 2,291st largest bank in the nation. It was established in 1908 and as of June of 2018, it had grown to 67 employees at 6 locations. Kerndt Brothers Savings Bank has an A health rating.


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Health Grade Components

FDIC Certificate #8761
Year Established1908
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD8.91%
Annual Interest Income$5.6MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$282.1MM$276.9MM
LoansQ2 2018vs Q2 2017$192.9MM$198.3MM
DepositsQ2 2018vs Q2 2017$222.3MM$211.9MM
Equity CapitalQ2 2018vs Q2 2017$30.7MM$30.4MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.2MM$2.1MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.4MM$2.1MM
Real Estate OwnedQ2 2018vs Q2 2017$0$179.00K

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Kerndt Brothers Savings Bank Locations
Clermont Branch200 Mill StreetClermont, IA 52135
West Union Branch205 North Vine StreetWest Union, IA 52175
Kerndt Brothers Savings Bank370 Main StreetLansing, IA 52151
Cedar Rapids Branch600 Boyson Road NeCedar Rapids, IA 52402
Waukon Branch820 11th Avenue, SwWaukon, IA 52172
Decorah Branch801 Mechanic StreetDecorah, IA 52101

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