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Federation Bank

Washington, IA
IDRSSD: 764142
Total Assets
$148.41M
Latest filing
Total Deposits
$128.37M
Latest filing
Net Interest Margin
3.87%
Profitability
0

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

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date11/01/1906
Community BankYes
Ownership TypeNot Mutual
ZIP52353
State and County Number19183
Subchapter S CorporationsYes
Trust PowersTrust Powers Not Granted
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 NameIowa City, IA

Operational Info

Number of Employees25
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance04/18/1934
Primary Insurance AgencyDIF
Websitewww.federationbankia.com
Data Updated11/14/2025
CERT14352
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$148.41M
Total Deposits$128.37M
Total Liabilities$134.57M
Total Equity Capital$13.84M
Net Income$448.00k
Net Loans and Leases$76.87M
Assets Per Employee ($Millions)$5.94M
Bank Premises and Fixed Assets$2.55M
Cash and Balances due from Depository Institutions$4.76M
Deposits Held in Domestic Offices$128.37M

Key Performance Ratios

Return on Assets (ROA)1.21%
Return on Equity (ROE)13.74%
Net Interest Margin3.87%
Efficiency Ratio68.49%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.327%
Earning Assets to total Assets91.97%

Income and Expense

Total Interest Income$1.74M
Total Noninterest Income$159.00k
Total Interest Expense$416.00k
Total Noninterest Expense$1.01M
Net Interest Income$1.32M
Pre-tax Net Operating Income$466.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$468.00k
Other borrowed funds$1.26M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$4.05M
All Other Liabilities$890.00k
Total Liabilities and Capital$148.41M

Securities

Securities$56.68M
Available-for-sale debt securities$56.68M
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 Federation Bank?
$148.41M as of the latest filing.
How much are Federation Bank's total deposits?
$128.37M in total deposits.
Where is Federation Bank located?
Washington, IA.
What is the Net Interest Margin?
3.87%.
How many domestic offices does it operate?
4.
When was it established?
11/01/1906.
What is the Return on Assets (ROA)?
1.21%.
How much are total loans and leases?
$76.87M (latest filing).
What is the total interest income (latest filing)?
$1.74M.