Posted on June 14, 2013
West Iowa Bank
Main Street
West Bend, IA 50597
General Bank Information
FDIC Insured Yes
FDIC Certificate # 9105
Date Established 1926
West Iowa Bank is an FDIC insured institution located in West Bend, IA. It was founded in 1926 and has approximately $0.1 billion in assets. Customers can open an account via one of its 4 branches.
West Iowa Bank Financial Size
| Assets | $0.10 billion |
| Loans | $0.07 billion |
| Deposits | $0.09 billion |
| Capital | $0.01 billion |
For a more detailed analysis of West Iowa Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
| % Loans |
% Comparison to Other Banks |
|||
| Low | Med | High | ||
| 1-4 Family Residential Loans | 12.51 | ✓ | ||
| Multifamily Mortgages |
0.00 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 1.44 | ✓ | ||
| Small Business Loans | 3.27 | ✓ | ||
| Construction and Development Loans | 1.06 | ✓ | ||
| Commercial Real Estate | 3.27 | ✓ | ||
| Commercial and Industrial Loans | 10.30 | ✓ | ||
| Farm Loans | 46.91 | ✓ | ||
The top three loan types in West Iowa Bank’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.
Compared to other banks in Iowa, West Iowa Bank has a significantly higher percent of Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double
categorization of some loan types. All data from the FDIC.
Additional information about this table.
