Connection Bank

Fort Madison, IA
IDRSSD: 624246
Total Assets
$543.51M
Latest filing
Total Deposits
$456.74M
Latest filing
Net Interest Margin
3.81%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

073901314FORT MADISON, IA

Key People

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Locations

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Main Office
Connection Bank
636 Avenue G
Fort Madison, IA 52627
Full Service - Brick and Mortar
Updated 04/10/2026Established 07/01/1854FDIC Certificate 623

Branches (4)

Page 1 of 1
NameAddressCity / State
Connection Bank (Main)636 Avenue GFort Madison, IA
KEOKUK BRANCH2119 Main StKeokuk, IA
RIVER HILLS BRANCH1206 48th StFort Madison, IA
MONTROSE BRANCH121 S 1st StMontrose, IA
BURLINGTON BRANCH115 Legacy DrBurlington, IA
Showing 4 of 4

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 member, supervised by FRB
Primary RegulatorFED
Established Date07/01/1854
Community BankYes
Ownership TypeNot Mutual
ZIP52627
State and County Number19111
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameFort Madison-Keokuk, IA-IL-MO

Operational Info

Number of Employees64
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
WebsiteWWW.MYCONNECTIONBANK.COM
Data Updated04/10/2026
CERT955
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$543.51M
Total Deposits$456.74M
Total Liabilities$489.26M
Total Equity Capital$54.25M
Net Income$2.38M
Net Loans and Leases$471.33M
Assets Per Employee ($Millions)$9.06M
Bank Premises and Fixed Assets$12.14M
Cash and Balances due from Depository Institutions$23.83M
Deposits Held in Domestic Offices$456.74M

Key Performance Ratios

Return on Assets (ROA)1.75%
Return on Equity (ROE)17.62%
Net Interest Margin3.81%
Efficiency Ratio53.41%
Tier 1 Risk-Based Capital Ratio11.225%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.981%
Earning Assets to total Assets92.56%

Income and Expense

Total Interest Income$7.32M
Total Noninterest Income$766.00k
Total Interest Expense$2.55M
Total Noninterest Expense$2.96M
Net Interest Income$4.77M
Pre-tax Net Operating Income$2.46M
Provision for Credit Losses$120.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$166.00k
Other borrowed funds$29.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.52M
Total Liabilities and Capital$543.51M

Securities

Securities$14.53M
Available-for-sale debt securities$14.53M
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 Connection Bank?
$543.51M as of the latest filing.
How much are Connection Bank's total deposits?
$456.74M in total deposits.
Where is Connection Bank located?
Fort Madison, IA.
What is the Net Interest Margin?
3.81%.
How many domestic offices does it operate?
5.
When was it established?
07/01/1854.
What is the Return on Assets (ROA)?
1.75%.
How much are total loans and leases?
$471.33M (latest filing).
What is the total interest income (latest filing)?
$7.32M.