BankIowa

Cedar Rapids, IA
IDRSSD: 737548
Total Assets
$823.63M
Latest filing
Total Deposits
$688.59M
Latest filing
Net Interest Margin
4.22%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

073920285INDEPENDENCE, IA

Key People

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Locations

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Main Office
BankIowa
7045 C Ave Ne
Cedar Rapids, IA 52402
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1881FDIC Certificate 11301

Branches (12)

Page 1 of 2
NameAddressCity / State
BankIowa (Main)7045 C Ave NeCedar Rapids, IA
LAMONT BRANCH633 Bush StLamont, IA
NORWAY BRANCH102 W Railroad StNorway, IA
JESUP BRANCH1311 6th StJesup, IA
FIRST STREET EAST BRANCH230 1st St EIndependence, IA
UNIVERSITY AVENUE BRANCH6804 University AveCedar Falls, IA
KIMBALL BRANCH3222 Kimball AveWaterloo, IA
EDGEWOOD PARKWAY BRANCH2701 Edgewood Pkwy SwCedar Rapids, IA
Showing 7 of 12

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1881
Community BankYes
Ownership TypeNot Mutual
ZIP52402
State and County Number19113
Subchapter S CorporationsYes
Trust PowersTrust Powers Grandfathered
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameCedar Rapids, IA

Operational Info

Number of Employees131
Domestic Offices13
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance12/11/1953
Primary Insurance AgencyDIF
Websitehttp://www.bankiowa.com
Data Updated01/30/2026
CERT17282
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$823.63M
Total Deposits$688.59M
Total Liabilities$722.66M
Total Equity Capital$100.97M
Net Income$3.36M
Net Loans and Leases$674.27M
Assets Per Employee ($Millions)$6.38M
Bank Premises and Fixed Assets$6.28M
Cash and Balances due from Depository Institutions$17.36M
Deposits Held in Domestic Offices$688.59M

Key Performance Ratios

Return on Assets (ROA)1.63%
Return on Equity (ROE)13.45%
Net Interest Margin4.22%
Efficiency Ratio60.85%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.22%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.259%
Earning Assets to total Assets94.53%

Income and Expense

Total Interest Income$11.56M
Total Noninterest Income$1.88M
Total Interest Expense$3.34M
Total Noninterest Expense$6.15M
Net Interest Income$8.22M
Pre-tax Net Operating Income$3.50M
Provision for Credit Losses$450.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$4.29M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$19.27M
All Other Liabilities$10.52M
Total Liabilities and Capital$823.63M

Securities

Securities$91.00M
Available-for-sale debt securities$90.99M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of BankIowa?
$823.63M as of the latest filing.
How much are BankIowa's total deposits?
$688.59M in total deposits.
Where is BankIowa located?
Cedar Rapids, IA.
What is the Net Interest Margin?
4.22%.
How many domestic offices does it operate?
13.
When was it established?
01/01/1881.
What is the Return on Assets (ROA)?
1.63%.
How much are total loans and leases?
$674.27M (latest filing).
What is the total interest income (latest filing)?
$11.56M.