Solon State Bank is headquartered in Solon and is the 183rd largest bank in the state of Iowa. It is also the 3,690th largest bank in the nation. It was established in 1932 and as of March of 2022, it had grown to 16 employees at 3 locations. Solon State Bank has a B health rating.
Overall | |
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FDIC Certificate # | 232 |
Year Established | 1932 |
Employees | 16 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 2.39% |
Return on Equity - YTD | 11.97% |
Annual Interest Income | $1.2MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $133.0MM$129.6MM |
Loans | Q1 2022vs Q1 2021 | $60.1MM$59.3MM |
Deposits | Q1 2022vs Q1 2021 | $104.4MM$101.0MM |
Equity Capital | Q1 2022vs Q1 2021 | $25.5MM$27.1MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $460.00K$476.00K |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $4.2MM$1.0MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $2.8MM$2.2MM |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $1k | - | NOW Account | |
0.10% | $1k | - | Non Personal NOW Account |
Solon State Bank Locations | ||
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Solon State Bank | 126 South Market Street | Solon, IA 52333 |
Ely Branch | 1540 State Street | Ely, IA 52227 |
Tiffin Branch | 444 East State Street | Tiffin, IA 52340 |