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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 - December 31, 2020

Cash and Due from Banks $43,714,968.25
U.S. Treasury & Agency Securities $12,171,495.74
Other Bonds and Investments $28,115,383.58
Total Loans and Leases $148,719,391.38
Bank Premises and Fixtures $2,714,038.56
Other Assets $2,388,603.32
     TOTAL ASSETS $237,823,880.83
Total Deposits $214,282,500.27
Other Liabilities $1,275,551.19
     TOTAL LIABILITIES $215,558,051.49
Capital Stock $1,567,000.00
Surplus $3,426,000.00
Undivided Profits $14,716,109.80
Loan Loss Reserve $2,056,686.60
Unrealized Gain on Available for Sale Securities $500,032.97
     TOTAL CAPITAL FUNDS $22,265,829.37