Bank Iowa (West Des Moines, IA)
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Data as of · sourced from FFIEC call reports. How we update
Bank Iowa is an FDIC-insured commercial bank headquartered in West Des Moines, IA, established in 1923 (FDIC certificate 14521), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $2.35B, up 5.5% from Q2 2025, the 10th largest of 225 banks headquartered in Iowa. Its CET1 capital ratio was 10.87% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 14521
- Headquarters
- West Des Moines, IA
- Established
- 1923
- Total assets, Q2 2026
- $2.35B
- Assets vs Q2 2025
- +5.5%
- CET1 ratio, Q2 2026
- 10.87%
- Domestic offices
- 25 FDIC institution directory, current count
- Routing number
- 073920418
- Latest call report
- Q2 2026, FFIEC 041 · Bank Iowa call report
- Holding company
- BANK IOWA CORPORATION
- Asset rank in state
- 10th of 225 in Iowa
Bank Iowa operates with a thinner capital cushion than most banks of its size. The West Des Moines, Iowa bank had $2.3 billion in assets at June 30, 2026, up 5.5% from a year earlier. It holds common equity equal to 10.87% of its risk-weighted assets, lower than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 13.52%). It also carries problem assets equal to 11.9% of the capital and reserves that would absorb them, about triple the median of 3.6% for banks its size.
Earnings jumped: net income for the quarter was $8.0 million, 39% above the same quarter a year earlier. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 1.38% of loans, down from 1.66% a year earlier.
As of June 30, 2026, Bank Iowa reported a CET1 capital ratio of 10.87%, a return on assets of 1.32%, a nonperforming-loan ratio of 1.38% and a Texas ratio of 11.92%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Bank Iowa is the 10th largest of the 225 banks headquartered in Iowa. Quarter on quarter (Q1 2026 to Q2 2026), its total assets were flat, loans fell 0.3% and deposits rose 0.2%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 18.4% of total loans, ahead of farmland and other real estate loans at 17.5%. Its 25 offices in the FDIC Summary of Deposits are in 22 cities in IA; its West Des Moines 2 offices book 12% of its branch deposits. Judged on its Q2 2026 call report, Bank Iowa meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 1225 Jordan Creek Pkwy, West Des Moines, IA 50266
- County
- Dallas
- Metro Area
- Des Moines-West Des Moines, IA
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- March 7, 1923
- Domestic offices
- 25 FDIC institution directory, current count
- Employees (FTE)
- 281
- Domestic deposits
- $1.97B
- Allowance for credit losses
- $24.3M
- Net charge-offs (YTD)
- $643K
- Average total assets
- $2.44B
- Average total loans
- $1.80B
- Average interest-bearing deposits
- $1.66B
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 28, 1934
- FDIC Cert
- 14521
- Fed RSSD
- 187947
- SEC CIK
- 2152603 → filed by BANK IOWA CORPORATION
- Website
- www.bankiowa.bank →
- Parent Holding Company
- BANK IOWA CORPORATION (RSSD 1202762)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Bank Iowa's total assets ranged from $2.01B (Q3 2023) to $2.42B (Q4 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$2.35B total assets against $2.23B; $2.15B total liabilities against $2.05B.
$1.77B net loans and leases against $1.66B; $1.97B total deposits against $1.81B.
$426.5M securities against $382.8M; $45.2M cash and balances due against $81.7M.
$32.9M total interest income against $28.8M; $11.4M total interest expense against $11.6M.
$21.4M net interest income against $17.2M.
$2.8M total noninterest income against $2.1M; $15.1M total noninterest expense against $13.5M.
$863K provision for credit losses against $350K.
$8.0M net income against $5.8M.
1.32% return on assets against 1.04%; 3.67% net interest margin against 3.25%.
10.87% CET1 capital ratio against 10.63%; 8.94% tier 1 leverage ratio against 8.96%.
Inside the full Bank Iowa terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Bank Iowa rankings
Its closest position to the top of a national ranking is 520 of 4,196, for total assets; its furthest is 1,983 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.94% (Q4 2024) to 1.32% (Q2 2026) and its net interest margin ran from 2.97% (Q4 2024) to 3.67% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.87% | 1.32% | 1.38% | 11.92% | 3.67% |
| Q1 2026 | 10.49% | 1.24% | 1.58% | 13.83% | 3.55% |
| Q4 2025 | 10.55% | 1.25% | 1.37% | 11.83% | 3.48% |
| Q3 2025 | 10.49% | 1.19% | 1.39% | 12.30% | 3.37% |
| Q2 2025 | 10.63% | 1.04% | 1.66% | 15.02% | 3.25% |
| Q1 2025 | 10.60% | 1.21% | 1.50% | 13.99% | 3.33% |
| Q4 2024 | 10.30% | 0.94% | 1.35% | 13.32% | 2.97% |
| Q3 2024 | 10.63% | 1.31% | 0.28% | 2.44% | 3.23% |
Swipe the table sideways to see every column.
Branch Network
View all 25 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| West Des Moines Branch | West Des Moines , IA | 50266 | $242.6M |
| Bank Iowa Humboldt Branch | Humboldt , IA | 50548 | $204.8M |
| Lawler Branch | Lawler , IA | 52154 | $166.4M |
| Clarinda Branch | Clarinda , IA | 51632 | $159.4M |
| Bank Iowa Red Oak Branch | Red Oak , IA | 51566 | $131.5M |
| Bank Iowa Denison Branch | Denison , IA | 51442 | $129.9M |
| Bank Iowa Oskaloosa Branch | Oskaloosa , IA | 52577 | $123.2M |
| Shenandoah West Branch | Shenandoah , IA | 51601 | $102.4M |
| Bank Iowa Altoona Branch | Altoona , IA | 50009 | $101.4M |
| Newton Branch | Newton , IA | 50208 | $94.9M |
| Bank Iowa New Hampton Branch | New Hampton , IA | 50659 | $68.4M |
| Colfax Branch | Colfax , IA | 50054 | $64.7M |
| Johnston Branch | Johnston , IA | 50131 | $60.0M |
| Villisca Branch | Villisca , IA | 50864 | $44.5M |
| Pella Branch | Pella , IA | 50219 | $44.0M |
| Waucoma Branch | Waucoma , IA | 52171 | $39.6M |
| Schleswig Branch | Schleswig , IA | 51461 | $39.5M |
| Fremont Branch | Fremont , IA | 52561 | $34.9M |
| Essex Branch | Essex , IA | 51638 | $30.6M |
| Fredericksburg Branch | Fredericksburg , IA | 50630 | $30.4M |
| Manilla Branch | Manilla , IA | 51454 | $29.2M |
| Clear Lake Branch | Clear Lake , IA | 50428 | $29.0M |
| Bank Iowa (main office) | West Des Moines , IA | 50266 | $0 |
| Humboldt Drive-Up | Humboldt , IA | 50548 | $0 |
| Drive-In Motor Bank Branch | Shenandoah , IA | 51601 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| December 2, 2019 | Structure Change | Acquired First State Bank of Colfax Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 2, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 31, 2011 | Structure Change | Acquired Bank Iowa Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 31, 2011 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 1, 1995 | Structure Change | Acquired Citizens Investment Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 1, 1989 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 1, 1989 | Structure Change | Acquired The Nodaway Valley National Bank of Villisca Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 7 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.5% of deposits in IA, rank 14 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 967 applications, 759 loans originated, $205.4M originated, across 16 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 6 loans, $617K approved, $103K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Bank Iowa
What are Bank Iowa's total assets?
As of the Q2 2026 filing, Bank Iowa reported total assets of $2.35 billion in its FFIEC call report.
Where is Bank Iowa headquartered?
It is headquartered in West Des Moines, IA, United States.
When was Bank Iowa founded?
It was established in 1923, per the FDIC institution directory.
Is Bank Iowa FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14521). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Bank Iowa?
Bank Iowa's primary federal regulator is the Federal Reserve.
What is Bank Iowa's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 10.87% in its Q2 2026 call report, above regulatory requirements.
How many branches does Bank Iowa operate?
It operates 25 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Bank Iowa's Texas Ratio?
Its Texas Ratio is 11.92% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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