Bank Iowa
Red Oak, IA — Domestic Branch of a Domestic Bank
Acquired Mar 2011
Vitals
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Total Assets132.0M 2.3 %
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Total Deposits112.0M 3.7 %
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Total Net Loans83.1M -8.4 %
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Net Income1.8M 6.9 %
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Book Value10.6M 1.8 %
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Book Value x221.2M 1.8 %
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Book Value x331.8M 1.8 %
Balance Sheet Highlights
Financial Highlights | Bank Iowa | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 131,961 | 130,795 |
Total Net Loans | 83,145 | 82,637 |
Total Deposits | 112,045 | 107,832 |
Total Equity | 10,613 | 13,422 |
Profitability | ||
Net Income | 1,850 | 1,330 |
Return on Average Assets | 1.421 | 1.042 |
Return on Average Equity | 17.548 | 9.824 |
Net Interest Margin | 4.201 | 3.947 |
Efficiency Ratio | 55.931 | 61.606 |
Noninterest Income/Revenue | 14.368 | 11.037 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 74.207 | 73.581 |
Securities/Assets | .24 | .225 |
Total Equity/Total Assets | .08 | .103 |
Tangible Equity/Tangible Assets | .08 | .099 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 10,619 | 12,534 |
Tier 2 Capital | 755 | 1,038 |
Total Capital | 11,374 | 13,574 |
Total Risk Weighted Assets | 95,262 | 93,780 |
Leverage Ratio | 8.14 | 9.88 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.15 | 14.489 |
Total Capital Ratio | 11.94 | 15.572 |
Timeline for Bank Iowa
The Security Trust And Savings Bank
Acquisition: Bank Iowa acquired a new subsidiary, The Security Trust And Savings Bank, 26 years
View Profile Jun 01 1998Bank Iowa Corporation
Bank Iowa Corporation became a new parent organization for Bank Iowa.
View Profile Jul 14 1995Essex Iowa Bancorporation, Inc.
Essex Iowa Bancorporation, Inc. became a new parent organization for Bank Iowa.
View Profile Nov 01 1982Bank Iowa
Bank Iowa was established 123 years ago and is currently headquartered in Red Oak, IA.
Jan 01 1901Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bank Iowa | Buyer | 1,138,315 | Pooling of Interests | Discontinued | 3/31/2011 |
The Security Trust And Savings Bank | Seller | 36,797 | Pooling of Interests | Discontinued | 6/1/1998 |
Relationships | Role | Relationship Start | Relationship End |
Bank Iowa Corporation | Parent | 6/30/1999 | 3/30/2011 |
Bank Iowa Corporation | Parent | 1/2/1996 | 6/29/1999 |
Bank Iowa Corporation | Parent | 7/14/1995 | 1/1/1996 |
Essex Iowa Bancorporation, Inc. | Parent | 12/31/1984 | 7/13/1995 |
Essex Iowa Bancorporation, Inc. | Parent | 12/31/1983 | 12/30/1984 |
Essex Iowa Bancorporation, Inc. | Parent | 11/1/1982 | 12/30/1983 |
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