Vitals
  • Total Assets
    111.7M 26.9 %
  • Total Deposits
    94.1M 32.8 %
  • Total Net Loans
    56.5M 19.4 %
  • Net Income
    982000.0000 0.3 %
  • Book Value
    16.7M 2.4 %
  • Book Value x2
    33.5M 2.4 %
  • Book Value x3
    50.2M 2.4 %
ROAA

.853

ROAE

5.871

Efficiency Ratio

53.784

Net Interest Margin

2.707

Balance Sheet Highlights
Financial Highlights Wayland State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 111,681 198,346
Total Net Loans 56,491 133,864
Total Deposits 94,137 165,124
Total Equity 16,727 22,060
Profitability
Net Income 982 2,310
Return on Average Assets .853 1.15
Return on Average Equity 5.871 9.92
Net Interest Margin 2.707 3.587
Efficiency Ratio 53.784 60.34
Noninterest Income/Revenue 8.975 13.494
Balance Sheet Ratios
Loan-to-Deposit 60.009 77.091
Securities/Assets .321 .197
Total Equity/Total Assets .15 .111
Tangible Equity/Tangible Assets .137 .107
Capital Adequacy
Tier 1 Common Capital 15,814 21,135
Tier 1 Capital 15,814 21,140
Tier 2 Capital 902 1,625
Total Capital 16,716 22,777
Total Risk Weighted Assets 72,175 151,308
Leverage Ratio 13.9 10.944
Common Equity Tier 1 Capital Ratio 21.91 15.631
Tier 1 Capital Ratio 21.91 15.631
Total Capital Ratio 23.16 16.675

Timeline for Wayland State Bank

Peoples State Bank

Acquisition: Wayland State Bank acquired a new subsidiary, Peoples State Bank, 8 years

View Profile Oct 01 2016

Heartway Bancorporation

Heartway Bancorporation became a new parent organization for Wayland State Bank.

View Profile Nov 05 1993

Wayland State Bank

Wayland State Bank was established 92 years ago and is currently headquartered in Mount Pleasant, IA.

May 12 1932
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Peoples State Bank Seller 28,028 Acquisition Discontinued 10/1/2016
Relationships Role Relationship Start Relationship End
Heartway Bancorporation Parent 11/5/1993
Similar Organizations
Organization City State Total Assets
Gunnison Valley Bank
 		Gunnison UT 87.8M
Union State Bank
 		Winterset IA 88.0M
State Bank Of Missouri
 		Concordia MO 86.9M
Western Heritage Bank
 		Las Cruces NM 88.5M
Farmers Trust & Savings Bank
 		Earling IA 86.1M
The Farmers Bank
 		Greensboro GA 88.9M
Unity Bank North
 		Red Lake Falls MN 85.9M
Community Bank
 		Dunlap IA 85.9M
Century Bank
 		Shenandoah IA 89.2M
Security State Bank
 		Iron River WI 85.6M