Vitals
  • Total Assets
    2.4B 6.0 %
  • Total Deposits
    2.2B 6.2 %
  • Total Net Loans
    688.7M 12.8 %
  • Net Income
    32.5M 19.0 %
  • Book Value
    166.9M 3.4 %
  • Book Value x2
    333.8M 3.4 %
  • Book Value x3
    500.7M 3.4 %
ROAA

1.404

ROAE

18.11

Efficiency Ratio

24.614

Net Interest Margin

2.339

Balance Sheet Highlights
Financial Highlights Principal Bank
Balance Sheet $(000)
Total Assets 2,380,221
Total Net Loans 688,662
Total Deposits 2,200,266
Total Equity 166,886
Profitability
Net Income 32,518
Return on Average Assets 1.404
Return on Average Equity 18.11
Net Interest Margin 2.339
Efficiency Ratio 24.614
Noninterest Income/Revenue 12.89
Balance Sheet Ratios
Loan-to-Deposit 31.299
Securities/Assets .68
Total Equity/Total Assets .07
Tangible Equity/Tangible Assets .07
Capital Adequacy
Tier 1 Common Capital 173,785
Tier 1 Capital 173,785
Tier 2 Capital 17,409
Total Capital 191,194
Total Risk Weighted Assets 1,475,743
Leverage Ratio 7.28
Common Equity Tier 1 Capital Ratio 11.78
Tier 1 Capital Ratio 11.78
Total Capital Ratio 12.96

Timeline for Principal Bank

Principal Financial Group, Inc.

Principal Financial Group, Inc. became a new parent organization for Principal Bank.

View Profile Apr 01 2006

Principal Financial Services, Inc.

Principal Financial Services, Inc. became a new parent organization for Principal Bank.

View Profile Jun 05 2001

Principal Life Insurance Company

Principal Life Insurance Company became a new parent organization for Principal Bank.

View Profile Mar 13 2000

Principal Bank

Principal Bank was established 26 years ago and is currently headquartered in Des Moines, IA.

Feb 12 1998

Principal Holding Company, Llc

Principal Holding Company, Llc became a new parent organization for Principal Bank.

View Profile Feb 12 1998
Relationships Role Relationship Start Relationship End
Principal Holding Company, Llc Parent 7/21/2011 12/31/2013
Principal Holding Company, Llc Parent 2/12/1998 7/20/2011
Principal Financial Services, Inc. Parent 6/5/2001 4/1/2011
Principal Life Insurance Company Parent 3/13/2000 4/1/2011
Principal Financial Group, Inc. Parent 4/1/2006 4/1/2011
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