Pilot Grove Savings Bank

Pilot Grove, IA
IDRSSD: 585749
Total Assets
$1.11B
Latest filing
Total Deposits
$979.23M
Latest filing
Net Interest Margin
3.68%
Profitability

Locations

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Main Office
Pilot Grove Savings Bank
1341 Pilot Grove Rd
Pilot Grove, IA 52648
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1911FDIC Certificate 5827

Branches (16)

Page 1 of 3
NameAddressCity / State
Pilot Grove Savings Bank (Main)1341 Pilot Grove RdPilot Grove, IA
MOUNT PLEASANT BRANCH410 S Grand AveMount Pleasant, IA
MOUNT PLEASANT BRANCH301 S Main StMount Pleasant, IA
FORT MADISON BRANCH619 9th StFort Madison, IA
FORT MADISON BRANCH4520 Avenue LFort Madison, IA
WAYLAND BRANCH205 W Main StWayland, IA
KEOKUK BRANCH601 Main StKeokuk, IA
KEOSIPPI SHOPPING PLAZA BRANCH200 Main StKeokuk, IA
Showing 7 of 16

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 Date01/01/1911
Community BankYes
Ownership TypeNot Mutual
ZIP52648
State and County Number19111
Subchapter S CorporationsYes
Trust PowersFull Trust Powers 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 NameFort Madison-Keokuk, IA-IL-MO

Operational Info

Number of Employees139
Domestic Offices17
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date07/12/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.pilotgrovesavingsbank.com
Data Updated11/14/2025
CERT9100
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.11B
Total Deposits$979.23M
Total Liabilities$998.06M
Total Equity Capital$111.43M
Net Income$5.10M
Net Loans and Leases$833.09M
Assets Per Employee ($Millions)$8.53M
Bank Premises and Fixed Assets$12.15M
Cash and Balances due from Depository Institutions$31.36M
Deposits Held in Domestic Offices$979.23M

Key Performance Ratios

Return on Assets (ROA)1.87%
Return on Equity (ROE)18.71%
Net Interest Margin3.68%
Efficiency Ratio43.88%
Tier 1 Risk-Based Capital Ratio9.99%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.043%
Earning Assets to total Assets93.87%

Income and Expense

Total Interest Income$14.94M
Total Noninterest Income$1.12M
Total Interest Expense$5.47M
Total Noninterest Expense$5.02M
Net Interest Income$9.46M
Pre-tax Net Operating Income$5.32M
Provision for Credit Losses$250.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$173.00k
Other borrowed funds$12.00M
Federal Funds Sold & Reverse Repurchase Agreement$598.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$6.83M
Total Liabilities and Capital$1.11B

Securities

Securities$194.19M
Available-for-sale debt securities$193.48M
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 Pilot Grove Savings Bank?
$1.11B as of the latest filing.
How much are Pilot Grove Savings Bank's total deposits?
$979.23M in total deposits.
Where is Pilot Grove Savings Bank located?
Pilot Grove, IA.
What is the Net Interest Margin?
3.68%.
How many domestic offices does it operate?
17.
When was it established?
01/01/1911.
What is the Return on Assets (ROA)?
1.87%.
How much are total loans and leases?
$833.09M (latest filing).
What is the total interest income (latest filing)?
$14.94M.