Denver Savings Bank


121 South State Street
Denver, IA 50622
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Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Denver Savings Bank is an FDIC insured institution located in Denver, IA. It was founded in 1902 and has approximately $0.2 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 12857
Date Established 1902
Assets $ 199.52 million
Loans $ 136.56 million
Deposits $ 162.94 million
Capital $ 22.86 million

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

Deposit Rates - September 27, 2021

Your Current Location: Connecticut, CT 06828


Loan Rates - September 27, 2021

Your Current Location: Connecticut, CT 06828

Auto Loan Rates APR Rate Monthly Payment
3 Year 3.75% 3.75% $735.32
4 Year 4.00% 4.00% $564.48
5 Year 4.25% 4.25% $463.24
6 Year 4.50% 4.50% $396.85

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


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

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Denver Savings Bank Locations

Financial Details

Denver Savings Bank Ratio Analysis

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

Texas Ratio
Denver Savings Bank U.S. Bank Average
0.48% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, Denver Savings Bank had $61,000 in non-current loans and $57,000 in owned real estate. To cover these potential losses it had $22,858,000 in equity and $1,561,000 in loans loss reserves. That gives it a Texas Ratio of 0.48%.

Return on Equity
Denver Savings Bank U.S. Bank Average
14.53% 11.43%

Denver Savings Bank has a Return on Equity of 14.53% versus the BestCashCow average of 11.43%. 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.

Denver Savings Bank U.S. Bank Average
11.46% 11.51%

Denver Savings Bank has a Capitalization of 11.46% versus the BestCashCow average of 11.51. 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.

Denver Savings Bank Balance Sheet Analysis

As of March 31, 2021, Denver Savings Bank had assets of $199,516,000, loans of $136,555,000, and deposits of $162,942,000. 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.

Summary Balance Sheet

March 31, 2021
Cash & Balances due from depository institutions $ 11.10 million
Interest-bearing balances $ 8.47 million
Total securities $ 41.88 million
Federal funds sold and reverse repurchase $ 0.01 million
Net loans and leases $ 136.56 million
Loan loss allowance $ 1.56 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.06 million
Goodwill and other intangibles $ 1.31 million
All other assets $ 7.32 million
     Total Assets $ 176.66 million
Total deposits $ 162.94 million
      Interest-bearing deposits $ 125.37 million
      Deposits held in domestic offices $ 162.94 million
      % insured (estimated) 72.39%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 12.25 million
Subordinated debt N.A.
All other liabilities $ 1.47 million
      Total Liabilities $ 176.66 million
      Shareholders’ Equity $ 22.86 million

Summary Income Statement

March 31, 2021
Total Interest Income $ 2.32 million
Total Interest Expense $ 0.44 million
Net interest income $ 1.88 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.14 million
Total non interest expense $ 1.01 million
Pre-tax Net Operating Income $ 1.01 million

Bank Loan Profile?

The top three loan types in Denver Savings Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Iowa, Denver Savings Bank has a significantly higher percent of Commercial Real Estate 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 15.90
Credit Card Loans 0.00
Consumer Auto Loans 0.83
Small Business Loans 0.00
Construction and Development Loans 4.00
Commercial Real Estate 36.74
Commercial and Industrial Loans 20.03
Farm Loans 4.15

Frequently Asked Questions About Denver Savings Bank

Branches and Savings

Is Denver Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12857.

Why does Denver Savings Bank pay such low interest on savings accounts?

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

Why are Denver Savings Bank CD rates not competitive?

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

Is Denver Savings Bank a commercial bank?


Where are Denver Savings Bank locations?

See branch locations nearby.

Is Denver Savings Bank open on Saturdays?

Is Denver Savings Bank open on Sundays?

What time does Denver Savings Bank open?

What time does Denver Savings Bank close?

Are Denver Savings Bank ATMs Open 24/7?

Do Denver Savings Bank ATMs accept cash deposits?

Can Denver Savings Bank customers use other ATMs?

Do Denver Savings Bank branches have notaries?

Will Denver Savings Bank notarize my document?

What address for Denver Savings Bank should I put for incoming ACH transfers?

Will the Denver Savings Bank branch print checks?

Do Denver Savings Bank checks expire?

Does Denver Savings Bank require US citizenship to open account?

Can Denver Savings Bank close my account?

Does Denver Savings Bank Report to credit bureaus?

Does Denver Savings Bank Use Equifax?

What is Denver Savings Bank's ACH Routing Number?

What is Denver Savings Bank's SWIFT code?


Does Denver Savings Bank offer mortgages?

Compare mortgage rates here.

Does Denver Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Denver Savings Bank offer personal loans?

Compare personal loan rates here.

Does Denver Savings Bank offer student loans?

Will Denver Savings Bank cash a check?

Will Denver Savings Bank redeem a savings bond?

Does Denver Savings Bank cash savings bonds?

Will Denver Savings Bank cash money orders?

Can Denver Savings Bank issue a money order?

Does Denver Savings Bank do currency exchange?

Background on The Bank

Who owns Denver Savings Bank?

How long has Denver Savings Bank been around?

Can Denver Savings Bank transfer to other banks?

Does Denver Savings Bank have quick pay?

Does Denver Savings Bank accept rolled coins?

Will Denver Savings Bank accept loose change?

Where is Denver Savings Bank headquarters?

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