Bank Iowa

420 8th Street Southeast
Altoona, IA 50009

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33927
Date Established 1994
Assets $0.14 billion
Loans $0.09 billion
Deposits $0.11 billion
Capital $0.01 billion

Bank Iowa is an FDIC insured institution located in Altoona, IA. It was founded in 1994 and has approximately $0.14 billion in assets.

For a more detailed analysis of Bank Iowa's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank Iowa’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Bank Iowa’s loan portfolio does not show any specific loan specialty.

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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Iowa, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank Iowa

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Bank Iowa
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bank Iowa branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank Iowa Locations

Financial Details

Bank Iowa Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank Iowa. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank Iowa U.S. Bank Average
47.74% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank Iowa had $4,902,000 in non-current loans and $2,501,000 in owned real estate. To cover these potential losses it had $12,453,000 in equity and $3,054,000 in loans loss reserves. That gives it a Texas Ratio of 47.74%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank Iowa U.S. Bank Average
-26.12% 8.58

Bank Iowa has a Return on Equity of -26.12% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank Iowa U.S. Bank Average
8.75% 12.11

Bank Iowa has a Capitalization of 8.75% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank Iowa Balance Sheet Analysis

As of December 31, 2010, Bank Iowa had assets of $142,348,000, loans of $93,103,000, and deposits of $108,962,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Bank Iowa

Branches and Savings

Is Bank Iowa FDIC insured?

Yes. It is covered under FDIC Certificate #33927.

Why does Bank Iowa pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Iowa CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Iowa a commercial bank?

Yes

Where are Bank Iowa locations?

See branch locations nearby.

Is Bank Iowa open on Saturdays?

Is Bank Iowa open on Sundays?

What time does Bank Iowa open?

What time does Bank Iowa close?

Are Bank Iowa ATMs Open 24/7?

Do Bank Iowa ATMs accept cash deposits?

Can Bank Iowa customers use other ATMs?

Do Bank Iowa branches have notaries?

Will Bank Iowa notarize my document?

What address for Bank Iowa should I put for incoming ACH transfers?

Will the Bank Iowa branch print checks?

Do Bank Iowa checks expire?

Does Bank Iowa require US citizenship to open account?

Can Bank Iowa close my account?

Does Bank Iowa Report to credit bureaus?

Does Bank Iowa Use Equifax?

What is Bank Iowa's ACH Routing Number?

What is Bank Iowa's SWIFT code?

Products

Does Bank Iowa offer mortgages?

Compare mortgage rates here.

Does Bank Iowa offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Iowa offer personal loans?

Compare personal loan rates here.

Does Bank Iowa offer student loans?

Will Bank Iowa cash a check?

Will Bank Iowa redeem a savings bond?

Does Bank Iowa cash savings bonds?

Will Bank Iowa cash money orders?

Can Bank Iowa issue a money order?

Does Bank Iowa do currency exchange?

Background on The Bank

Who owns Bank Iowa?

How long has Bank Iowa been around?

Can Bank Iowa transfer to other banks?

Does Bank Iowa have quick pay?

Does Bank Iowa accept rolled coins?

Will Bank Iowa accept loose change?

Where is Bank Iowa headquarters?

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