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Statement of Condition

We are a bank. A bank functioning in different ways. We believe it is important first of all to serve the needs of our customers whether it be as a safe haven for their funds or as a source of funds for public, business, family and personal needs. Our history, our record, and our bank statement which follows are a reflection of our mission.

 

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Condensed Statement of Condition Iowa Savings Bank - June 30, 2020

ASSETS  
Cash and Due from Banks $34,672,189.36
U.S. Treasury & Agency Securities $7,730,632.36
Other Bonds and Investments $26,819,792.06
Total Loans and Leases $151,187,159.25
Bank Premises and Fixtures $2,900,117.97
Other Assets $1,726,110.58
     TOTAL ASSETS $225,036,001.58
   
LIABILITIES  
Total Deposits $202,035,557.49
Other Liabilities $971,342.77
     TOTAL LIABILITIES $203,006,900.26
   
Capital Stock $1,567,000.00
Surplus $3,426,000.00
Undivided Profits $14,393,674.10
Loan Loss Reserve $2,072,474.36
Unrealized Gain on Available for Sale Securities $569,952.86
     TOTAL CAPITAL FUNDS $22,029,101.32
     TOTAL LIABILITIES AND CAPITAL $225,036,001.58