United Bank of Iowa
United Bank of Iowa is an FDIC-insured commercial bank headquartered in Ida Grove, IA, supervised by the FDIC, with $2.53B in total assets at Q3 2026, up 1.7% from Q3 2025, the 9th largest of 225 banks headquartered in Iowa. It was established in 1932 and holds FDIC certificate 958. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.53% at Q3 2026, above the 8% community bank leverage ratio requirement for being considered well capitalized.
BankRegReports is independent of United Bank of Iowa and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 958
- Headquarters
- Ida Grove, IA
- Established
- 1932
- Total assets, Q3 2026
- $2.53B
- Assets vs Q3 2025
- +1.7%
- Tier 1 leverage ratio, Q3 2026
- 10.53%
- Domestic offices
- 38 branches
- Routing number
- 073921433
- Safety and soundness
- Is United Bank of Iowa safe?
- Latest call report
- Q3 2026, FFIEC 041 · United Bank of Iowa call report
- Holding company
- IDA GROVE BANCSHARES, INC.
- Asset rank in state
- 9th of 225 in Iowa
United Bank of Iowa, based in Ida Grove, Iowa, reported $2.5 billion in assets at September 30, 2026, up 1.7% from a year earlier. It holds commercial real estate loans equal to only 15% of its capital, a small fraction of the median of 2.3 times for the 887 banks with $1 billion to $10 billion in assets. It also holds about a fifth of its deposits (17%) above the FDIC insurance limit, lower than about three-quarters of banks its size (median 31.1%).
Unrealized losses on its securities total $85 million, equal to 32% of Tier 1 capital, against 22% a year earlier. Net income for the quarter rose 22% from a year earlier, to $8.3 million. Its margin is thin by comparison: it keeps 3.00 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.80 cents).
As of September 30, 2026, United Bank of Iowa reported a return on assets of 1.28%, a nonperforming-loan ratio of 0.21% and a Texas ratio of 1.42%. The figures come from its call report filed with the FFIEC.
United Bank of Iowa ranks as the 9th largest of the 225 banks based in Iowa, by total assets at Q3 2026. From Q2 2026 to Q3 2026, its total assets rose 1.2% to $2.53B, loans rose 1.2% and deposits rose 0.9%. Its loan book on September 30, 2026 was led by farmland and other real estate loans, at 48.2% of total loans, followed by agricultural production loans at 27.6%. Its 38 offices in the FDIC Summary of Deposits are in 37 cities in IA; its Ida Grove 2 offices book 17% of its branch deposits. On its Q3 2026 call report, United Bank of Iowa meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 501 2nd St, Ida Grove, IA 51445
- County
- Ida
- 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
- February 4, 1932
- Domestic offices
- 38 branches
- Employees (FTE)
- 304
- Domestic deposits
- $1.98B
- Allowance for credit losses
- $23.2M
- Net charge-offs (YTD)
- -$9K
- Average total assets
- $2.57B
- Average total loans
- $1.67B
- Average interest-bearing deposits
- $1.93B
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 958
- Fed RSSD
- 738040
- Website
- www.unitedbk.bank →
- Parent Holding Company
- IDA GROVE BANCSHARES, INC. (RSSD 1205183)
Profitability
Q3 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. As a community bank leverage ratio filer, United Bank of Iowa reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q3 2026, United Bank of Iowa's total assets ran between $2.39B (Q2 2024) and $2.53B (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$2.53B total assets against $2.48B; $2.31B total liabilities against $2.27B.
$1.67B net loans and leases against $1.60B; $1.98B total deposits against $1.94B.
$639.7M securities against $646.9M; $50.1M cash and balances due against $88.9M.
$31.5M total interest income against $29.8M; $13.5M total interest expense against $14.4M.
$18.0M net interest income against $15.4M.
$3.2M total noninterest income against $3.2M; $12.3M total noninterest expense against $11.4M.
$352K provision for credit losses against $358K.
$8.3M net income against $6.8M.
1.28% return on assets against 1.08%; 3.00% net interest margin against 2.64%.
10.53% tier 1 leverage ratio against 10.14%.
Inside the full United Bank of Iowa terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeUnited Bank of Iowa rankings
Its closest position to the top of a national ranking is 497 of 4,193, for total assets; its furthest is 866 of 973, for uninsured deposits.
Quarterly trend: last 8 quarters
From Q4 2024 to Q3 2026, its return on assets ran from 0.90% (Q1 2025) to 1.44% (Q4 2025) and its net interest margin ran from 2.28% (Q4 2024) to 3.00% (Q3 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 10.53% | 1.28% | 0.21% | 1.42% | 3.00% |
| Q2 2026 | 10.34% | 1.30% | 0.26% | 1.70% | 2.96% |
| Q1 2026 | 10.41% | 1.23% | 0.30% | 1.81% | 2.82% |
| Q4 2025 | 10.08% | 1.44% | 0.28% | 1.72% | 2.72% |
| Q3 2025 | 10.14% | 1.08% | 0.27% | 1.68% | 2.64% |
| Q2 2025 | 9.78% | 1.11% | 0.36% | 2.41% | 2.56% |
| Q1 2025 | 9.80% | 0.90% | 0.30% | 2.12% | 2.41% |
| Q4 2024 | 9.58% | 1.11% | 0.30% | 2.26% | 2.28% |
Swipe the table sideways to see every column.
Branch Network
View all 38 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 |
|---|---|---|---|
| United Bank of Iowa (main office) | Ida Grove , IA | 51445 | $325.4M |
| Denison Branch | Denison , IA | 51442 | $104.6M |
| Carroll Branch | Carroll , IA | 51401 | $104.0M |
| Rockwell City Branch | Rockwell City , IA | 50579 | $95.5M |
| Lake City Branch | Lake City , IA | 51449 | $85.3M |
| Holstein Branch | Holstein , IA | 51025 | $84.5M |
| Kingsley Branch | Kingsley , IA | 51028 | $83.3M |
| Glidden Branch | Glidden , IA | 51443 | $70.6M |
| Harlan Branch | Harlan , IA | 51537 | $70.5M |
| Storm Lake Branch | Storm Lake , IA | 50588 | $67.2M |
| Onawa Branch | Onawa , IA | 51040 | $61.9M |
| Schleswig Branch | Schleswig , IA | 51461 | $57.9M |
| Dunlap Branch | Dunlap , IA | 51529 | $56.0M |
| Fort Dodge Branch | Fort Dodge , IA | 50501 | $54.1M |
| Odebolt Branch | Odebolt , IA | 51458 | $54.0M |
| Pocahontas Branch | Pocahontas , IA | 50574 | $47.7M |
| Charter Oak Branch | Charter Oak , IA | 51439 | $46.7M |
| Boone Branch | Boone , IA | 50036 | $45.9M |
| Moville Branch | Moville , IA | 51039 | $45.1M |
| Aurelia Branch | Aurelia , IA | 51005 | $43.0M |
| Sac City Branch | Sac City , IA | 50583 | $42.7M |
| Churdan Branch | Churdan , IA | 50050 | $33.4M |
| Alta Main Branch | Alta , IA | 51002 | $32.9M |
| Galva Branch | Galva , IA | 51020 | $30.0M |
| Rolfe Br | Rolfe , IA | 50581 | $27.7M |
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 |
|---|---|---|---|
| April 13, 2019 | Structure Change | Acquired Rolfe State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 12, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 18, 2018 | Structure Change | Acquired The First Trust & Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 1, 2015 | Structure Change | Acquired Blencoe State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 31, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 18, 2010 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 18, 2010 | Structure Change | Acquired Moorhead State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 1, 2010 | Structure Change | Acquired American National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 1, 2010 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 1, 2006 | Structure Change | Acquired First Bank and Trust Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 1, 2006 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 1, 2001 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 1, 2001 | Structure Change | Acquired Alliance Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 1, 2001 | Structure Change | Acquired United Bank of Iowa Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 28, 2001 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 2, 2001 | Structure Change | Acquired Associated Insurance Professionals Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 1, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 29, 1994 | Structure Change | Acquired Liberty Bank & Trust Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 9, 1991 | Structure Change | Acquired American Federal Savings Association of Iowa Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| June 29, 1990 | Structure Change | Acquired Sun Federal Savings Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| June 28, 1990 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 30, 1989 | Structure Change | Acquired First Trust and Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 30, 1989 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 1961 | Structure Change | Acquired Arthur Trust and Savings Bank 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 24 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (FDIC)
- May 19, 2021, FDIC: Assessment of Civil Money Penalty: United Bank of Iowa
- Period: Most recent institution action May 19, 2021. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 1.5% of deposits in IA, rank 16 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 540 applications, 351 loans originated, $55.4M originated, across 5 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 4 loans, $562K approved, $141K 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
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use and updated each quarter. It states no rating or capital category.
Similar banks
Frequently asked about United Bank of Iowa
What are United Bank of Iowa's total assets?
As of the Q3 2026 filing, United Bank of Iowa reported total assets of $2.53 billion in its FFIEC call report.
Where is United Bank of Iowa headquartered?
It is headquartered in Ida Grove, IA, United States.
When was United Bank of Iowa founded?
It was established in 1932, per the FDIC institution directory.
Is United Bank of Iowa FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #958). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates United Bank of Iowa?
United Bank of Iowa's primary federal regulator is the FDIC.
How many branches does United Bank of Iowa operate?
It operates 38 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is United Bank of Iowa's Texas Ratio?
Its Texas Ratio is 1.42% in its Q3 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 nonperforming assets against the bank's capital and reserves.
Go deeper on United Bank of Iowa.
Get an email when United Bank of Iowa files its next call report, and benchmark it against any peer you choose.
Unlock United Bank of Iowa, freeFree account