Overview / Commentary
United Bank of Iowa is headquartered in Ida Grove and is the 10th largest bank in the state of Iowa. It is also the 530th largest bank in the nation. It was established in 1932 and as of June of 2020, it had grown to 303 employees at 36 locations. United Bank of Iowa has an A health rating.
Health
A
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 958 |
| Year Established | 1932 |
| Employees | 303 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.38% |
| Return on Equity - YTD | 12.5% |
| Annual Interest Income | $33.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $1.84B$1.64B |
| Loans | Q2 2020vs Q2 2019 | $1.30B$1.20B |
| Deposits | Q2 2020vs Q2 2019 | $1.51B$1.30B |
| Equity Capital | Q2 2020vs Q2 2019 | $201.4MM$187.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $19.1MM$19.5MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $10.9MM$8.1MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $35.00K$45.00K |
