Principal Bank
Des Moines, IA
IDRSSD: 2654911
Total Assets
$9.01B
Latest filing
Total Deposits
$8.47B
Latest filing
Net Interest Margin
2.33%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Principal Bank
750 Park Street
Des Moines, IA 50309
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/12/1998FDIC Certificate 57785
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Principal Bank (Main) | 750 Park Street | Des Moines, IA | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
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 Class | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 02/12/1998 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 50309 |
| State and County Number | 19153 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 33 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Des Moines-West Des Moines, IA |
Operational Info
| Number of Employees | 694 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 02/21/2025 |
| Date of Deposit Insurance | 02/12/1998 |
| Primary Insurance Agency | DIF |
| Website | www.principal.com/bank |
| Data Updated | 11/14/2025 |
| CERT | 34507 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $9.01B |
| Total Deposits | $8.47B |
| Total Liabilities | $8.55B |
| Total Equity Capital | $460.40M |
| Net Income | $27.11M |
| Net Loans and Leases | $2.62B |
| Assets Per Employee ($Millions) | $13.21M |
| Bank Premises and Fixed Assets | $0 |
| Cash and Balances due from Depository Institutions | $361.78M |
| Deposits Held in Domestic Offices | $8.47B |
Key Performance Ratios
| Return on Assets (ROA) | 1.21% |
| Return on Equity (ROE) | 24.21% |
| Net Interest Margin | 2.33% |
| Efficiency Ratio | 47.27% |
| Tier 1 Risk-Based Capital Ratio | 15.756% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.06% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 5.11% |
| Earning Assets to total Assets | 97.81% |
Income and Expense
| Total Interest Income | $93.94M |
| Total Noninterest Income | $21.13M |
| Total Interest Expense | $42.77M |
| Total Noninterest Expense | $34.17M |
| Net Interest Income | $51.16M |
| Pre-tax Net Operating Income | $36.75M |
| Provision for Credit Losses | $1.37M |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $81.68M |
| Total Liabilities and Capital | $9.01B |
Securities
| Securities | $5.85B |
| Available-for-sale debt securities | $5.85B |
| 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 Principal Bank?
$9.01B as of the latest filing.
How much are Principal Bank's total deposits?
$8.47B in total deposits.
Where is Principal Bank located?
Des Moines, IA.
What is the Net Interest Margin?
2.33%.
How many domestic offices does it operate?
1.
When was it established?
02/12/1998.
What is the Return on Assets (ROA)?
1.21%.
How much are total loans and leases?
$2.62B (latest filing).
What is the total interest income (latest filing)?
$93.94M.