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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, 2019

ASSETS  
Cash and Due from Banks $19,774,551.48
U.S. Treasury & Agency Securities $6,229,891.87
Other Bonds and Investments $28,393,567.14
Total Loans and Leases $146,638,859.47
Bank Premises and Fixtures $2,875,357.85
Other Assets $2,768,828.73
     TOTAL ASSETS $206,681,056.54
   
LIABILITIES  
Total Deposits $184,752,163.10
Other Liabilities $895,406.23
     TOTAL LIABILITIES $185,647,569.33
   
Capital Stock $1,567,000.00
Surplus $3,426,000.00
Undivided Profits $14,046,215.80
Loan Loss Reserve $1,896,847.55
Unrealized Gain on Available for Sale Securities $97,423.86
     TOTAL CAPITAL FUNDS $21,033,487.21
     TOTAL LIABILITIES AND CAPITAL $206,681,056.54