Iowa State Bank

100 North Main Street
Clarksville, IA 50619


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15947
Date Established 1918
Assets $0.37 billion
Loans $0.27 billion
Deposits $0.31 billion
Capital $0.03 billion

Iowa State Bank is an FDIC insured institution located in Clarksville, IA. It was founded in 1918 and has approximately $0.37 billion in assets. Customers can open an account at one of its 3 branches.

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

Deposit Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.66% $1,000 $9,999 Learn MoreShow Less
Money Market
0.77% $10,000 $49,999 Learn MoreShow Less
3 Mo CD
1.40% $1,000 - Learn MoreShow Less
6 Mo CD
2.37% $1,000 - Learn MoreShow Less
12 Mo CD
2.56% $1,000 - Learn MoreShow Less
18 Mo CD
2.62% $1,000 - Learn MoreShow Less
30 Mo CD
2.49% $1,000 - Learn MoreShow Less
36 Mo CD
2.55% $3,000 - Learn MoreShow Less
48 Mo CD
2.64% $5,000 - Learn MoreShow Less

Fixed IRA
2.27% $100 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
3.29% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.28% $1,500 - Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Iowa State Bank

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 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

Note to Iowa State Bank
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Financial Details

Iowa State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Iowa State 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
Iowa State Bank U.S. Bank Average
59.61% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, Iowa State Bank had $18,888,000 in non-current loans and $3,274,000 in owned real estate. To cover these potential losses it had $32,296,000 in equity and $4,882,000 in loans loss reserves. That gives it a Texas Ratio of 59.61%.

Return on Equity
Iowa State Bank U.S. Bank Average
8.01% 9.47%

Iowa State Bank has a Return on Equity of 8.01% versus the BestCashCow average of 9.47%. 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.

Iowa State Bank U.S. Bank Average
8.81% 12.49%

Iowa State Bank has a Capitalization of 8.81% versus the BestCashCow average of 12.49. 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.

Iowa State Bank Balance Sheet Analysis

As of March 31, 2019, Iowa State Bank had assets of $366,389,000, loans of $267,920,000, and deposits of $306,396,000. 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, 2019
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.27 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.33 billion
Total deposits $0.31 billion
      Interest-bearing deposits $0.28 billion
      Deposits held in domestic offices $0.31 billion
      % insured (estimated) 79.53%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.03 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.33 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

March 31, 2019
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Iowa State Bank’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Iowa, Iowa State 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 4.00
Credit Card Loans 0.11
Consumer Auto Loans 0.32
Small Business Loans 0.00
Construction and Development Loans 0.15
Commercial Real Estate 3.64
Commercial and Industrial Loans 13.87
Farm Loans 37.46

Frequently Asked Questions About Iowa State Bank

Branches and Savings

Is Iowa State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15947.

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

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

Why are Iowa State Bank CD rates not competitive?

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

Is Iowa State Bank a commercial bank?


Where are Iowa State Bank locations?

See branch locations nearby.

Is Iowa State Bank open on Saturdays?

Is Iowa State Bank open on Sundays?

What time does Iowa State Bank open?

What time does Iowa State Bank close?

Are Iowa State Bank ATMs Open 24/7?

Do Iowa State Bank ATMs accept cash deposits?

Can Iowa State Bank customers use other ATMs?

Do Iowa State Bank branches have notaries?

Will Iowa State Bank notarize my document?

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

Will the Iowa State Bank branch print checks?

Do Iowa State Bank checks expire?

Does Iowa State Bank require US citizenship to open account?

Can Iowa State Bank close my account?

Does Iowa State Bank Report to credit bureaus?

Does Iowa State Bank Use Equifax?

What is Iowa State Bank's ACH Routing Number?

What is Iowa State Bank's SWIFT code?


Does Iowa State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Iowa State Bank offer personal loans?

Compare personal loan rates here.

Does Iowa State Bank offer student loans?

Will Iowa State Bank cash a check?

Will Iowa State Bank redeem a savings bond?

Does Iowa State Bank cash savings bonds?

Will Iowa State Bank cash money orders?

Can Iowa State Bank issue a money order?

Does Iowa State Bank do currency exchange?

Background on The Bank

Who owns Iowa State Bank?

How long has Iowa State Bank been around?

Can Iowa State Bank transfer to other banks?

Does Iowa State Bank have quick pay?

Does Iowa State Bank accept rolled coins?

Will Iowa State Bank accept loose change?

Where is Iowa State Bank headquarters?

Customer Reviews for Iowa State Bank

  • Roland Dion

    April 13, 2015

    Does this bank accept deposits from California residents?

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