Overview / Commentary
Lincoln Savings Bank is headquartered in REINBECK and is the 14th largest bank in the state of Iowa. It is also the 615th largest bank in the nation. It was established in 1902 and as of March of 2023, it had grown to 434 employees at 17 locations. Lincoln Savings Bank's savings rates are 7X the national average, and it has a B health rating.
Reviews (1)
They Are Extremely Untrustworthy
Posted by: Darrell7 | Jul 3, 2020
They have held my funds for the the greater part of a month they won’t explain to me as to why. they won’t accept any documents they won’t do anything but collect interest on my funds for as long as they can it’s a terrible act. They won’t even respond to email or phone calls they are criminals
Health
B
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14207 |
| Year Established | 1902 |
| Employees | 434 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.21% |
| Return on Equity - YTD | 2.44% |
| Annual Interest Income | $20.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $1.85B$1.53B |
| Loans | Q1 2023vs Q1 2022 | $1.34B$1.10B |
| Deposits | Q1 2023vs Q1 2022 | $1.58B$1.34B |
| Equity Capital | Q1 2023vs Q1 2022 | $157.3MM$160.7MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $20.7MM$16.2MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $19.9MM$10.2MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $1.0MM$3.0MM |
