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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, 2019

ASSETS  
Cash and Due from Banks  $11,015,266.90
U.S. Treasury & Agency Securities  $8,477,720.64
Other Bonds and Investments  $30,910,523.04
Total Loans and Leases  $146,183,001.92
Bank Premises and Fixtures  $2,962,105.53
Other Assets  $1,941,494.79
     TOTAL ASSETS  $201,490,112.82
   
LIABILITIES  
Total Deposits  $174,206,324.24
Other Liabilities  $5,999,626.10
     TOTAL LIABILITIES  $180,205,950.34
   
Capital Stock  $1,567,000.00
Surplus  $3,426,000.00
Undivided Profits  $13,850,179.42
Loan Loss Reserve  $2,403,111.84
Unrealized Gain on Available for Sale Securities  $37,871.22
     TOTAL CAPITAL FUNDS  $21,284,162.48
     TOTAL LIABILITIES AND CAPITAL $201,490,112.82