Charter Bank

Johnston, IA
IDRSSD: 2705112
Total Assets
$214.05M
Latest filing
Total Deposits
$186.11M
Latest filing
Net Interest Margin
3.52%
Profitability

Locations

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Main Office
Charter Bank
5526 Nw 86th St
Johnston, IA 50131
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/15/1998FDIC Certificate 61198

Branches (3)

Page 1 of 1
NameAddressCity / State
Charter Bank (Main)5526 Nw 86th StJohnston, IA
GRIMES BRANCH150 Se Gateway DrGrimes, IA
WAUKEE BRANCH455 6th StWaukee, IA
ANKENY BRANCH2905 Sw Oralabor RdAnkeny, IA
Showing 3 of 3

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 Date06/15/1998
Community BankYes
Ownership TypeNot Mutual
ZIP50131
State and County Number19153
Subchapter S CorporationsYes
Trust PowersN/A
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 NameDes Moines-West Des Moines, IA

Operational Info

Number of Employees27
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance06/15/1998
Primary Insurance AgencyDIF
Websitewww.charterbanker.com
Data Updated11/14/2025
CERT34686
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$214.05M
Total Deposits$186.11M
Total Liabilities$191.67M
Total Equity Capital$22.38M
Net Income$853.00k
Net Loans and Leases$153.56M
Assets Per Employee ($Millions)$7.64M
Bank Premises and Fixed Assets$3.82M
Cash and Balances due from Depository Institutions$3.54M
Deposits Held in Domestic Offices$186.11M

Key Performance Ratios

Return on Assets (ROA)1.59%
Return on Equity (ROE)15.64%
Net Interest Margin3.52%
Efficiency Ratio52.94%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.1%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.455%
Earning Assets to total Assets95.47%

Income and Expense

Total Interest Income$2.64M
Total Noninterest Income$205.00k
Total Interest Expense$839.00k
Total Noninterest Expense$1.06M
Net Interest Income$1.80M
Pre-tax Net Operating Income$892.00k
Provision for Credit Losses$51.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$5.00M
Federal Funds Sold & Reverse Repurchase Agreement$708.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$563.00k
Total Liabilities and Capital$214.05M

Securities

Securities$50.07M
Available-for-sale debt securities$50.07M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Charter Bank?
$214.05M as of the latest filing.
How much are Charter Bank's total deposits?
$186.11M in total deposits.
Where is Charter Bank located?
Johnston, IA.
What is the Net Interest Margin?
3.52%.
How many domestic offices does it operate?
4.
When was it established?
06/15/1998.
What is the Return on Assets (ROA)?
1.59%.
How much are total loans and leases?
$153.56M (latest filing).
What is the total interest income (latest filing)?
$2.64M.