Boone Bank & Trust Co.
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Data as of · sourced from FFIEC call reports. How we update
Boone Bank & Trust Co. is an FDIC-insured commercial bank headquartered in Boone, IA, established in 1992 (FDIC certificate 33552), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $156.9M, down 0.5% from Q2 2025, the 159th largest of 225 banks headquartered in Iowa. Its CET1 capital ratio was 13.53% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 33552
- Headquarters
- Boone, IA
- Established
- 1992
- Total assets, Q2 2026
- $156.9M
- Assets vs Q2 2025
- -0.5%
- CET1 ratio, Q2 2026
- 13.53%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 073901097
- Latest call report
- Q2 2026, FFIEC 041 · Boone Bank & Trust Co. call report
- Holding company
- AMES NATIONAL CORPORATION
- Asset rank in state
- 159th of 225 in Iowa
Problem loans are rising at Boone Bank & Trust Co.. Based in Boone, Iowa, it had $157 million in assets at June 30, 2026. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.45% of loans from 0.00% a year earlier. It keeps 2.67 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). It also carries problem assets equal to 13.6% of the capital and reserves that would absorb them, 5.2 times the median of 2.6% for banks its size.
Delinquency has appeared in its $12 million commercial and industrial book: 4.77% of those loans are past due or on nonaccrual, against almost none a year earlier. Loans are outrunning deposits: over the year loans rose 6.7% and deposits rose 2.0%. Profitability lags: it earns about $0.77 a year on every $100 of assets, lower than about three-quarters of banks its size (median $1.28).
As of June 30, 2026, Boone Bank & Trust Co. reported a CET1 capital ratio of 13.53%, a return on assets of 0.77%, a nonperforming-loan ratio of 2.45% and a Texas ratio of 13.63%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Boone Bank & Trust Co. is the 159th largest of the 225 banks headquartered in Iowa. Between Q1 2026 and Q2 2026, its total assets fell 9.8% to $156.9M, loans rose 4.1% and deposits fell 10.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 21.2% of total loans, followed by farmland and other real estate loans at 16.0%. Its 2 offices in the FDIC Summary of Deposits are in Boone, IA. On its Q2 2026 call report, Boone Bank & Trust Co. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 716 8th St, Boone, IA 50036
- County
- Boone
- Metro Area
- Ames, IA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- January 16, 1992
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 17
- Domestic deposits
- $143.0M
- Allowance for credit losses
- $1.1M
- Net charge-offs (YTD)
- $0
- Average total assets
- $163.6M
- Average total loans
- $77.7M
- Average interest-bearing deposits
- $125.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 16, 1992
- FDIC Cert
- 33552
- Fed RSSD
- 745347
- SEC CIK
- 1132651 → filed by AMES NATIONAL CORPORATION
- Website
- www.boonebankiowa.com →
- Parent Holding Company
- AMES NATIONAL CORPORATION (RSSD 1202258) · ATLO
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
Over the 12 quarters to Q2 2026, Boone Bank & Trust Co.'s total assets ran between $149.4M (Q4 2023) and $177.8M (Q3 2024), 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
$156.9M total assets against $157.8M; $143.8M total liabilities against $145.9M.
$78.4M net loans and leases against $73.5M; $143.0M total deposits against $140.1M.
$72.2M securities against $77.7M; $2.8M cash and balances due against $2.8M.
$1.7M total interest income against $1.7M; $681K total interest expense against $778K.
$1.0M net interest income against $960K.
$219K total noninterest income against $157K; $727K total noninterest expense against $747K.
$133K provision for credit losses against $27K.
$317K net income against $272K.
0.77% return on assets against 0.65%; 2.67% net interest margin against 2.41%.
13.53% CET1 capital ratio against 12.67%; 9.72% tier 1 leverage ratio against 9.22%.
Inside the full Boone Bank & Trust Co. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeBoone Bank & Trust Co. rankings
Its closest position to the top of a national ranking is 372 of 3,640, for Texas Ratio; its furthest is 2,940 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.29% (Q3 2024) to 0.99% (Q1 2026) and its net interest margin ran from 2.03% (Q3 2024) to 2.67% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.53% | 0.77% | 2.45% | 13.63% | 2.67% |
| Q1 2026 | 13.06% | 0.99% | 1.92% | 10.61% | 2.59% |
| Q4 2025 | 12.82% | 0.71% | 0.00% | 0.00% | 2.50% |
| Q3 2025 | 12.65% | 0.70% | 0.00% | 0.00% | 2.37% |
| Q2 2025 | 12.67% | 0.65% | 0.00% | 0.00% | 2.41% |
| Q1 2025 | 12.21% | 0.52% | 0.00% | 0.02% | 2.22% |
| Q4 2024 | 12.63% | 0.57% | 0.00% | 0.02% | 2.15% |
| Q3 2024 | 12.18% | 0.29% | 0.00% | 0.00% | 2.03% |
Swipe the table sideways to see every column.
Branch Network
View all 2 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 |
|---|---|---|---|
| Boone Bank & Trust Co. (main office) | Boone , IA | 50036 | $140.4M |
| Parking Lot Branch | Boone , IA | 50036 | $2.6M |
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 |
|---|---|---|---|
| January 16, 1992 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 1 event.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in IA, rank 169 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 17 applications, 10 loans originated, $760K originated, across 1 states
- Period: Calendar year 2023. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $620K approved, $620K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2021 (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 Boone Bank & Trust Co.
What are Boone Bank & Trust Co.'s total assets?
As of the Q2 2026 filing, Boone Bank & Trust Co. reported total assets of $156.9 million in its FFIEC call report.
Where is Boone Bank & Trust Co. headquartered?
It is headquartered in Boone, IA, United States.
When was Boone Bank & Trust Co. founded?
It was established in 1992, per the FDIC institution directory.
Is Boone Bank & Trust Co. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #33552). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Boone Bank & Trust Co.?
Boone Bank & Trust Co.'s primary federal regulator is the FDIC.
What is Boone Bank & Trust Co.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.53% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Boone Bank & Trust Co. operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Boone Bank & Trust Co.'s Texas Ratio?
Its Texas Ratio is 13.63% 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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