United Bank of Iowa
United Bank of Iowa reported total assets of $2.5 bn at Q2 2026, up 3.3% on a year earlier, the 496th largest of 497 banks in our US coverage. United Bank of Iowa uses the community bank leverage ratio framework, with a leverage ratio of 10.34%. United Bank of Iowa held deposits of $2.0 bn. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, United Bank of Iowa climbed from 161st to 86th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- United Bank of Iowa reports one of the lowest net charge-offs to average loans readings among banks of $1 bn to $10 bn: -0.01% at , where the median of the 339 banks is 0.06% (FDIC Call Reports).
- Since , United Bank of Iowa has taken over one institution; the latest was Rolfe State Bank on (FDIC Call Reports).
What sets United Bank of Iowa apart
How large is United Bank of Iowa?
The balance sheet of United Bank of Iowa at : assets $2.5 bn, deposits $2.0 bn, net loans $1.7 bn (loans equal to 84.43% of deposits). Securities make up 26.1% of total assets at United Bank of Iowa. Since , when United Bank of Iowa held $1.4 bn, its assets grew 82.4%. In the year to , deposits at United Bank of Iowa rose 3.8% while its total assets rose 3.3%. At , United Bank of Iowa employed 300 full-time equivalent staff across 38 offices, about $8.3 mn of assets per employee and $51.5 mn of deposits per office.
How much funding at United Bank of Iowa is uninsured?
At United Bank of Iowa, uninsured deposits (above the FDIC limit) made up 18.23% of domestic deposits at (+2.20 pp on a year earlier); United Bank of Iowa ranks 426th of 500 on this measure. In dollars, United Bank of Iowa estimated $357.1 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.0 bn | +3.8% | 493rd of 499 |
| Net loans and leases | $1.7 bn | +5.0% | 478th of 500 |
| Loan-to-deposit ratio | 84.43% | +0.97 pp | 287th of 500 |
| Net interest margin | 2.95% | +0.38 pp | 411th of 500 |
| Return on assets (ROA) | 1.29% | +0.24 pp | 258th of 500 |
| Efficiency ratio | 56.90% | -3.98 pp | 266th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $4.9 mn | Narrowed by $3.1 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $50.6 mn | Narrowed by $7.9 mn | |
| Noncurrent loans to total loans | 0.26% | -0.10 pp | 86th of 500 (1 = lowest) |
| Net charge-offs to average loans | -0.01% | -0.01 pp | 28th of 500 (1 = lowest) |
US rank of United Bank of Iowa: 1 = highest unless marked 1 = lowest.
Balance sheet
United Bank of Iowa: assets, deposits and loans
- Total assets $2.5bn
- Deposits $2.0bn
- Net loans $1.7bn
Capital and securities
United Bank of Iowa uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 10.34% in . Equity capital of United Bank of Iowa at : $229.0 mn, or 9.2% of total assets.
On held-to-maturity securities, United Bank of Iowa carried an unrealized loss of $4.9 mn at , equal to 2.1% of equity capital. The loss narrowed by $3.1 mn over the year. Its deepest point: $16.4 mn in . The available-for-sale portfolio of United Bank of Iowa showed an unrealized loss of $50.6 mn at ; the loss narrowed by $7.9 mn over the year.
United Bank of Iowa: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 10%
United Bank of Iowa: unrealized securities gains and losses
- Available for sale -$51mn
- Held to maturity -$5mn
Profitability and loan quality
For the year to , United Bank of Iowa earned a return on equity of 14.25%; return on assets: 1.29%. Net interest margin at United Bank of Iowa: 2.95%, +0.38 pp in a year. United Bank of Iowa net income: $16.1 mn, up 26.8% year on year. The efficiency ratio of United Bank of Iowa was 56.90%: about 57 cents cost per revenue dollar, against 61 cents at the median peer.
At , noncurrent loans were 0.26% of total loans at United Bank of Iowa; net charge-offs: -0.01% of average loans. Gross loans and leases at United Bank of Iowa: $1.7 bn, up 4.9% in a year.
United Bank of Iowa: profitability
- Return on equity 14%
- Net interest margin 2.9%
- Return on assets 1.3%
Peer group of United Bank of Iowa
The peer group of United Bank of Iowa is the 6 banks nearest to it by total assets at : 5 larger and 1 smaller. Of the peers, 1 shares the charter type of United Bank of Iowa (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Iowa. Against them, United Bank of Iowa shows return on equity 14.25% against a peer median of 13.95% and uninsured deposit share 18.23% against a peer median of 36.52%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Community National Bank | National bank | TX | $2.5 bn | 17.14% | 16.91% | 48.60% | |
| American National Bank & Trust | National bank | TX | $2.5 bn | 12.66% | 9.72% | 39.33% | |
| Bank Five Nine | State nonmember bank | WI | $2.5 bn | 12.13% | 14.51% | 14.76% | |
| Community National Bank & Trust | National bank | KS | $2.5 bn | 13.04% | 13.39% | 16.59% | |
| South Shore Bank | State member bank | MA | $2.5 bn | 13.87% | 7.42% | 45.08% | |
| United Bank of Iowa | State nonmember bank | IA | $2.5 bn | not reported | 14.25% | 18.23% | |
| Esquire Bank | National bank | NY | $2.5 bn | 14.24% | 21.06% | 33.71% | |
. FDIC Call Reports.
Last eight quarters
Two years at United Bank of Iowa, to : assets +1.8%, deposits +3.3%, equity +16.2%. Offices 36 to 38.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.5 bn | $2.4 bn | $2.5 bn | $2.4 bn | $2.5 bn | $2.5 bn | $2.5 bn | $2.5 bn |
| Total deposits | $1.9 bn | $1.9 bn | $2.0 bn | $1.9 bn | $1.9 bn | $1.9 bn | $2.0 bn | $2.0 bn |
| Bank equity capital | $197.1 mn | $187.2 mn | $199.4 mn | $205.5 mn | $217.3 mn | $222.8 mn | $228.2 mn | $229.0 mn |
| Return on equity (ROE) | 9.64% | 11.01% | 11.67% | 12.90% | 12.84% | 13.88% | 13.90% | 14.25% |
| Uninsured share of domestic deposits | 13.62% | 12.29% | 12.92% | 16.03% | 17.83% | 18.61% | 18.38% | 18.23% |
| Full-time equivalent employees | 300 | 291 | 290 | 295 | 295 | 293 | 302 | 300 |
| Number of offices | 36 | 36 | 37 | 37 | 37 | 37 | 37 | 38 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of United Bank of Iowa, oldest first; figures before and after each event are not like for like.
- . Absorbed Rolfe State Bank (FDIC certificate 15575).
Questions and identifiers
What were the total assets of United Bank of Iowa?
United Bank of Iowa reported $2.5 bn at in its Call Report. That makes United Bank of Iowa the 496th largest of 497 banks in our US coverage.
Is United Bank of Iowa the same as its holding company?
No. This page covers United Bank of Iowa, FDIC certificate 958; IDA GROVE BANCSHARES INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is United Bank of Iowa profitable?
United Bank of Iowa reported net income of $16.1 mn for the year to ; annualized return on equity: 14.25%. So yes: United Bank of Iowa made a profit over these months.
When is data for United Bank of Iowa next updated?
Figures from United Bank of Iowa for are due after .
Where can I check the figures for United Bank of Iowa?
In the FDIC BankFind Suite record for certificate 958, and in the Call Reports of United Bank of Iowa (RSSD ID 738040) at the FFIEC Central Data Repository.