United Bank of Iowa

Ida Grove, IA
IDRSSD: 738040
Total Assets
$2.48B
Latest filing
Total Deposits
$1.94B
Latest filing
Net Interest Margin
2.70%
Profitability

Locations

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Main Office
United Bank of Iowa
501 2nd St
Ida Grove, IA 51445
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/04/1932FDIC Certificate 626

Branches (36)

Page 1 of 6
NameAddressCity / State
United Bank of Iowa (Main)501 2nd StIda Grove, IA
ALTA MAIN BRANCH202 S Main StAlta, IA
LYTTON BRANCH200 Main StLytton, IA
ANTHON MAIN BRANCH15 East Main StreetAnthon, IA
CUSHING BRANCH200 Main StCushing, IA
ARTHUR BRANCH109 W 3rd StArthur, IA
IDA GROVE DRIVE-IN BRANCH219 Main StIda Grove, IA
CHARTER OAK BRANCH12 Main StCharter Oak, IA
Showing 7 of 36

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 Date02/04/1932
Community BankYes
Ownership TypeNot Mutual
ZIP51445
State and County Number19093
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 NameN/A

Operational Info

Number of Employees295
Domestic Offices37
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.unitedbk.bank
Data Updated11/14/2025
CERT958
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.48B
Total Deposits$1.94B
Total Liabilities$2.27B
Total Equity Capital$217.35M
Net Income$6.75M
Net Loans and Leases$1.60B
Assets Per Employee ($Millions)$8.42M
Bank Premises and Fixed Assets$34.28M
Cash and Balances due from Depository Institutions$88.93M
Deposits Held in Domestic Offices$1.94B

Key Performance Ratios

Return on Assets (ROA)1.1%
Return on Equity (ROE)12.77%
Net Interest Margin2.7%
Efficiency Ratio60.59%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.748%
Earning Assets to total Assets93.23%

Income and Expense

Total Interest Income$29.84M
Total Noninterest Income$3.24M
Total Interest Expense$14.41M
Total Noninterest Expense$11.41M
Net Interest Income$15.43M
Pre-tax Net Operating Income$6.90M
Provision for Credit Losses$358.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$162.00k
Other borrowed funds$279.01M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$30.35M
All Other Liabilities$20.57M
Total Liabilities and Capital$2.48B

Securities

Securities$646.93M
Available-for-sale debt securities$473.55M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$173.22M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of United Bank of Iowa?
$2.48B as of the latest filing.
How much are United Bank of Iowa's total deposits?
$1.94B in total deposits.
Where is United Bank of Iowa located?
Ida Grove, IA.
What is the Net Interest Margin?
2.70%.
How many domestic offices does it operate?
37.
When was it established?
02/04/1932.
What is the Return on Assets (ROA)?
1.1%.
How much are total loans and leases?
$1.60B (latest filing).
What is the total interest income (latest filing)?
$29.84M.