Overview / Commentary
Washington State Bank is headquartered in Washington and is the 53rd largest bank in the state of Iowa. It is also the 1,741st largest bank in the nation. It was established in 1932 and as of March of 2022, it had grown to 44 employees at 4 locations. Washington State Bank has an A health rating.
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 214 |
| Year Established | 1932 |
| Employees | 44 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 14.64% |
| Annual Interest Income | $4.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $499.0MM$427.2MM |
| Loans | Q1 2022vs Q1 2021 | $224.9MM$271.5MM |
| Deposits | Q1 2022vs Q1 2021 | $445.2MM$361.8MM |
| Equity Capital | Q1 2022vs Q1 2021 | $43.4MM$47.4MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $2.8MM$2.6MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $1.6MM$946.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$91.00K |