Vitals
  • Total Assets
    82.0M -0.4 %
  • Total Deposits
    63.3M 6.8 %
  • Total Net Loans
    56.0M -1.5 %
  • Net Income
    416000.0000 13.0 %
  • Book Value
    10.1M 4.7 %
  • Book Value x2
    20.1M 4.7 %
  • Book Value x3
    30.2M 4.7 %
ROAA

.677

ROAE

5.657

Efficiency Ratio

71.564

Net Interest Margin

3.645

Balance Sheet Highlights
Financial Highlights Fortress Bank Of Cresco All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 82,037 104,108
Total Net Loans 56,039 73,001
Total Deposits 63,335 83,892
Total Equity 10,058 10,715
Profitability
Net Income 416 990
Return on Average Assets .677 1.149
Return on Average Equity 5.657 11.003
Net Interest Margin 3.645 3.667
Efficiency Ratio 71.564 61.738
Noninterest Income/Revenue 8.927 8.968
Balance Sheet Ratios
Loan-to-Deposit 88.48 83.906
Securities/Assets .169 .334
Total Equity/Total Assets .123 .103
Tangible Equity/Tangible Assets .079 .072
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 6,530 10,171
Tier 2 Capital 311 820
Total Capital 6,841 10,986
Total Risk Weighted Assets 62,876 78,446
Leverage Ratio 8.31 10.328
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.39 14.292
Total Capital Ratio 10.88 15.321

Timeline for Fortress Bank Of Cresco

Decorah Bank & Trust Company

Fortress Bank Of Cresco was acquired by Decorah Bank & Trust Company 17 years

View Profile Oct 26 2007

Merchants Merger Corp.

Merchants Merger Corp. became a new parent organization for Fortress Bank Of Cresco.

View Profile Nov 30 2002

Fortress Bank Of Cresco

Fortress Bank Of Cresco was established 28 years ago and is currently headquartered in Cresco, IA.

Aug 19 1996

Fortress Bancshares, Inc.

Fortress Bancshares, Inc. became a new parent organization for Fortress Bank Of Cresco.

View Profile Aug 19 1996
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Decorah Bank & Trust Company Buyer 403,080 Acquisition Discontinued 10/26/2007
Relationships Role Relationship Start Relationship End
Merchants Merger Corp. Parent 11/30/2002 10/25/2007
Fortress Bancshares, Inc. Parent 8/19/1996 11/29/2002
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