Iab Financial Bank
Fort Wayne, IN — Non-member Bank
Active
Vitals
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Total Assets1.1B 3.5 %
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Total Deposits861.9M 7.1 %
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Total Net Loans745.1M 5.8 %
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Net Income9.7M 8.8 %
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Book Value127.8M 2.8 %
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Book Value x2255.7M 2.8 %
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Book Value x3383.6M 2.8 %
Balance Sheet Highlights
Financial Highlights | Iab Financial Bank | All Insured Commercial Banks in Indiana |
Balance Sheet $(000) | ||
Total Assets | 1,083,751 | 606,548 |
Total Net Loans | 745,093 | 409,621 |
Total Deposits | 861,867 | 497,111 |
Total Equity | 127,975 | 63,292 |
Profitability | ||
Net Income | 9,663 | 6,062 |
Return on Average Assets | .894 | .965 |
Return on Average Equity | 7.567 | 9.027 |
Net Interest Margin | 3.357 | 3.682 |
Efficiency Ratio | 66.308 | 66.445 |
Noninterest Income/Revenue | 20.059 | 20.436 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 86.451 | 79.497 |
Securities/Assets | .196 | .184 |
Total Equity/Total Assets | .118 | .104 |
Tangible Equity/Tangible Assets | .104 | .098 |
Capital Adequacy | ||
Tier 1 Common Capital | 113,477 | 60,326 |
Tier 1 Capital | 113,602 | 60,328 |
Tier 2 Capital | 10,399 | 4,282 |
Total Capital | 124,001 | 64,608 |
Total Risk Weighted Assets | 842,454 | 442,958 |
Leverage Ratio | 10.32 | 10.395 |
Common Equity Tier 1 Capital Ratio | 13.47 | 15.27 |
Tier 1 Capital Ratio | 13.48 | 15.27 |
Total Capital Ratio | 14.72 | 16.399 |
Timeline for Iab Financial Bank
Iab Merger Bank
Acquisition: Iab Financial Bank acquired a new subsidiary, Iab Merger Bank, 9 years
View Profile Feb 01 2015Marklebank
Acquisition: Iab Financial Bank acquired a new subsidiary, Marklebank, 11 years
View Profile Oct 09 2012Grabill Bank Insurance Services, Llc
Grabill Bank Insurance Services, Llc became a new subsidiary organization for Iab Financial Bank.
View Profile Jun 08 2004Iab Investments, Inc.
Iab Investments, Inc. became a new subsidiary organization for Iab Financial Bank.
View Profile Dec 01 2002Independent Alliance Banks, Inc.
Independent Alliance Banks, Inc. became a new parent organization for Iab Financial Bank.
View Profile Dec 31 1998Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Iab Merger Bank | Seller | 89,012 | Acquisition | Discontinued | 2/1/2015 |
Marklebank | Seller | 353,969 | Pooling of Interests | Discontinued | 10/9/2012 |
Relationships | Role | Relationship Start | Relationship End |
Independent Alliance Banks, Inc. | Parent | 12/31/1998 | |
Iab Investments, Inc. | Subsidary | 6/30/2007 | |
Grabill Bank Insurance Services, Llc | Subsidary | 6/8/2004 | |
Iab Investments, Inc. | Subsidary | 12/1/2002 | 6/29/2007 |
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