Connection Bank
Fort Madison, IA — State Member Bank
Active
Vitals
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Total Assets257.0M 82.3 %
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Total Deposits228.9M 79.7 %
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Total Net Loans172.2M 94.8 %
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Net Income2.4M 57.9 %
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Book Value26.3M 105.7 %
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Book Value x252.6M 105.7 %
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Book Value x378.9M 105.7 %
Balance Sheet Highlights
Financial Highlights | Connection Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 256,962 | 198,346 |
Total Net Loans | 172,211 | 133,864 |
Total Deposits | 228,889 | 165,124 |
Total Equity | 26,302 | 22,060 |
Profitability | ||
Net Income | 2,358 | 2,310 |
Return on Average Assets | .881 | 1.15 |
Return on Average Equity | 8.636 | 9.92 |
Net Interest Margin | 3.497 | 3.587 |
Efficiency Ratio | 76.157 | 60.34 |
Noninterest Income/Revenue | 31.562 | 13.494 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 75.238 | 77.091 |
Securities/Assets | .198 | .197 |
Total Equity/Total Assets | .102 | .111 |
Tangible Equity/Tangible Assets | .077 | .107 |
Capital Adequacy | ||
Tier 1 Common Capital | 21,722 | 21,135 |
Tier 1 Capital | 21,722 | 21,140 |
Tier 2 Capital | 1,212 | 1,625 |
Total Capital | 22,934 | 22,777 |
Total Risk Weighted Assets | 202,487 | 151,308 |
Leverage Ratio | 8.26 | 10.944 |
Common Equity Tier 1 Capital Ratio | 10.73 | 15.631 |
Tier 1 Capital Ratio | 10.73 | 15.631 |
Total Capital Ratio | 11.33 | 16.675 |
Timeline for Connection Bank
Keokuk Savings Bank And Trust Company
Acquisition: Connection Bank acquired a new subsidiary, Keokuk Savings Bank And Trust Company, 7 years
View Profile Sep 17 2016Connection Insurance
Connection Insurance became a new subsidiary organization for Connection Bank.
View Profile Jan 31 2007Bank Of Dallas City
Acquisition: Connection Bank acquired a new subsidiary, Bank Of Dallas City, 24 years
View Profile Oct 01 1999Fort Madison Financial Company
Fort Madison Financial Company became a new parent organization for Connection Bank.
View Profile Sep 30 1988Firstar Corporation Of Iowa
Firstar Corporation Of Iowa became a new parent organization for Connection Bank.
View Profile Jul 01 1981Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Keokuk Savings Bank And Trust Company | Seller | 123,518 | Pooling of Interests | Discontinued | 9/17/2016 |
Bank Of Dallas City | Seller | 14,072 | Pooling of Interests | Discontinued | 10/1/1999 |
Relationships | Role | Relationship Start | Relationship End |
Fort Madison Financial Company | Parent | 9/30/1988 | |
Firstar Corporation Of Iowa | Parent | 7/1/1981 | 9/29/1988 |
Connection Insurance | Subsidary | 1/31/2007 |
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