Kerndt Brothers Savings Bank

Lansing, IA
IDRSSD: 665146
Total Assets
$335.71M
Latest filing
Total Deposits
$274.73M
Latest filing
Net Interest Margin
3.02%
Profitability

Locations

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Main Office
Kerndt Brothers Savings Bank
370 Main St
Lansing, IA 52151
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/14/1908FDIC Certificate 5577

Branches (5)

Page 1 of 1
NameAddressCity / State
Kerndt Brothers Savings Bank (Main)370 Main StLansing, IA
CLERMONT BRANCH200 Mill StClermont, IA
WEST UNION BRANCH205 N Vine StWest Union, IA
WAUKON BRANCH820 11th Ave SwWaukon, IA
CEDAR RAPIDS BRANCH600 Boyson Rd NeCedar Rapids, IA
DECORAH BRANCH801 S Mechanic StDecorah, IA
Showing 5 of 5

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 Date01/14/1908
Community BankYes
Ownership TypeNot Mutual
ZIP52151
State and County Number19005
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 NameN/A

Operational Info

Number of Employees59
Domestic Offices6
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.kerndtbrothers.com
Data Updated11/14/2025
CERT8761
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$335.71M
Total Deposits$274.73M
Total Liabilities$300.92M
Total Equity Capital$34.79M
Net Income$311.00k
Net Loans and Leases$224.23M
Assets Per Employee ($Millions)$5.79M
Bank Premises and Fixed Assets$3.19M
Cash and Balances due from Depository Institutions$16.50M
Deposits Held in Domestic Offices$274.73M

Key Performance Ratios

Return on Assets (ROA)0.37%
Return on Equity (ROE)3.63%
Net Interest Margin3.02%
Efficiency Ratio82.57%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.11%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.363%
Earning Assets to total Assets91.16%

Income and Expense

Total Interest Income$3.97M
Total Noninterest Income$367.00k
Total Interest Expense$1.66M
Total Noninterest Expense$2.22M
Net Interest Income$2.31M
Pre-tax Net Operating Income$364.00k
Provision for Credit Losses$90.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$1.84M
Other borrowed funds$24.52M
Federal Funds Sold & Reverse Repurchase Agreement$544.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.67M
Total Liabilities and Capital$335.71M

Securities

Securities$70.67M
Available-for-sale debt securities$70.61M
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 Kerndt Brothers Savings Bank?
$335.71M as of the latest filing.
How much are Kerndt Brothers Savings Bank's total deposits?
$274.73M in total deposits.
Where is Kerndt Brothers Savings Bank located?
Lansing, IA.
What is the Net Interest Margin?
3.02%.
How many domestic offices does it operate?
6.
When was it established?
01/14/1908.
What is the Return on Assets (ROA)?
0.37%.
How much are total loans and leases?
$224.23M (latest filing).
What is the total interest income (latest filing)?
$3.97M.