Iowa Trust & Savings Bank

Headquarters

2101 Tenth Street
Emmetsburg, IA 50536
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.61% 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Iowa Trust & Savings Bank is an FDIC insured institution located in Emmetsburg, IA. It was founded in 1929 and has approximately $0.33 billion in assets.

FDIC Insured Yes
FDIC Certificate # 18400
Date Established 1929
Assets $ 329.87 million
Loans $ 249.19 million
Deposits $ 261.58 million
Capital $ 39.22 million
 

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

Deposit Rates - September 22, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 - Learn More
Money Market
0.05% $2,500 $11,999 Learn More
Money Market
0.05% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $500 - Learn More
6 Mo CD
0.15% $500 - Learn More
12 Mo CD
0.20% $500 - Learn More
Special: 12 Mo CD
0.45% $10,000 $49,999 Learn More
Special: 12 Mo CD
0.61% $50,000 - Learn More
18 Mo CD
0.25% $500 - Learn More
36 Mo CD
0.40% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $899 Learn MoreShow Less
Int Ckg
0.05% $2,500 - Learn MoreShow Less

Loan Rates - September 22, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Iowa Trust & Savings 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.816% 2.750% 0.88 $2,132 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

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

Branches

Iowa Trust & 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.

Your Location:
Ashburn,Virginia


Iowa Trust & Savings Bank Locations


Financial Details

Iowa Trust & Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Iowa Trust & Savings Bank. 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
Iowa Trust & Savings Bank U.S. Bank Average
0% 6.94%

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, 2020, Iowa Trust & Savings Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $39,217,000 in equity and $2,507,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Iowa Trust & Savings Bank U.S. Bank Average
16.96% 7.80%

Iowa Trust & Savings Bank has a Return on Equity of 16.96% versus the BestCashCow average of 7.80%. 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
Iowa Trust & Savings Bank U.S. Bank Average
11.89% 12.68%

Iowa Trust & Savings Bank has a Capitalization of 11.89% versus the BestCashCow average of 12.68. 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 Trust & Savings Bank Balance Sheet Analysis

As of March 31, 2020, Iowa Trust & Savings Bank had assets of $329,872,000, loans of $249,194,000, and deposits of $261,582,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 11.41 million
Interest-bearing balances $ 8.97 million
Total securities $ 56.62 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 249.19 million
Loan loss allowance $ 2.51 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 4.61 million
All other assets $ 5.24 million
     Total Assets $ 290.66 million
LIABILITIES
Total deposits $ 261.58 million
      Interest-bearing deposits $ 214.87 million
      Deposits held in domestic offices $ 261.58 million
      % insured (estimated) 76.87%
Federal funds purchased and repurchase agreements $ 8.16 million
Trading liabilities N.A.
Other borrowed funds $ 18.70 million
Subordinated debt N.A.
All other liabilities $ 2.22 million
      Total Liabilities $ 290.66 million
      Shareholders’ Equity $ 39.22 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.65 million
Total Interest Expense $ 0.86 million
Net interest income $ 2.79 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.17 million
Total non interest expense $ 1.74 million
Pre-tax Net Operating Income $ 1.20 million

Bank Loan Profile?

The top three loan types in Iowa Trust & Savings Bank’s loan portfolio are Construction and Development Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks in Iowa, Iowa Trust & Savings Bank has a significantly higher percent of Multifamily Mortgages, Construction and Development 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 11.36
Multifamily
Mortgages
12.59
Credit Card Loans 0.00
Consumer Auto Loans 0.28
Small Business Loans 0.00
Construction and Development Loans 27.79
Commercial Real Estate 13.61
Commercial and Industrial Loans 5.27
Farm Loans 14.23

Frequently Asked Questions About Iowa Trust & Savings Bank

Branches and Savings

Is Iowa Trust & Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #18400.

Why does Iowa Trust & 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 Iowa Trust & Savings Bank CD rates not competitive?

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

Is Iowa Trust & Savings Bank a commercial bank?

Yes

Where are Iowa Trust & Savings Bank locations?

See branch locations nearby.

Is Iowa Trust & Savings Bank open on Saturdays?

Is Iowa Trust & Savings Bank open on Sundays?

What time does Iowa Trust & Savings Bank open?

What time does Iowa Trust & Savings Bank close?

Are Iowa Trust & Savings Bank ATMs Open 24/7?

Do Iowa Trust & Savings Bank ATMs accept cash deposits?

Can Iowa Trust & Savings Bank customers use other ATMs?

Do Iowa Trust & Savings Bank branches have notaries?

Will Iowa Trust & Savings Bank notarize my document?

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

Will the Iowa Trust & Savings Bank branch print checks?

Do Iowa Trust & Savings Bank checks expire?

Does Iowa Trust & Savings Bank require US citizenship to open account?

Can Iowa Trust & Savings Bank close my account?

Does Iowa Trust & Savings Bank Report to credit bureaus?

Does Iowa Trust & Savings Bank Use Equifax?

What is Iowa Trust & Savings Bank's ACH Routing Number?

What is Iowa Trust & Savings Bank's SWIFT code?

Products

Does Iowa Trust & Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Iowa Trust & Savings Bank offer personal loans?

Compare personal loan rates here.

Does Iowa Trust & Savings Bank offer student loans?

Will Iowa Trust & Savings Bank cash a check?

Will Iowa Trust & Savings Bank redeem a savings bond?

Does Iowa Trust & Savings Bank cash savings bonds?

Will Iowa Trust & Savings Bank cash money orders?

Can Iowa Trust & Savings Bank issue a money order?

Does Iowa Trust & Savings Bank do currency exchange?

Background on The Bank

Who owns Iowa Trust & Savings Bank?

How long has Iowa Trust & Savings Bank been around?

Can Iowa Trust & Savings Bank transfer to other banks?

Does Iowa Trust & Savings Bank have quick pay?

Does Iowa Trust & Savings Bank accept rolled coins?

Will Iowa Trust & Savings Bank accept loose change?

Where is Iowa Trust & Savings Bank headquarters?

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