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The Garnavillo Savings Bank, Financial Information

About The Garnavillo Savings Bank

 Address:
101 S. Main Street
Garnavillo, IA
Clayton County, Iowa
 Established:
Jul 1904
 Number of domestic offices:
1
Agriculture bank
Total assets$39M
Net income$0M
Net income, quarterly$0M
Total deposits$35M
Domestic deposits$35M
Equity capital$4M
ROA1.27%
ROAQ, quarterly0.83%
ROA, pretax0.83%
ROAQ, quarterly, pretax0.88%
ROE12.2%
ROEQ, quarterly7.68%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Garnavillo Savings Bank opened in 1904 after a group of businessmen and farmers started a new corporation to service the banking needs of the community. The records of the bank began on March 16, 1904, The initial members of the Board of Directors were W. F Meyer, Henry Brandt, Henry Dettmer, J.A Hempeler, Henry Schlake, E.W. Kregel and J.P. Eckart. W.F Meyer was elected president and J.A. Hempeler vice president.

The Garnavillo Savings Bank offers Regular, Super Now, Insured Money Market Accounts, Consumer Loans, Mortgages, Commercial and Agricultural Loans.

The Internet is quickly becoming a new avenue through which The Garnavillo Savings Bank can offer the most convenient, technologically advanced services to its customers. Now, The Garnavillo Savings Bank offers 24 hour access to account information, in-bank transfers, loan payment, statements and check images.

The Garnavillo Savings Bank
101 S. Main Street
PO Box 100
Garnavillo, IA 52049-0100
Telephone: (563) 964-2341
Toll Free: (888) 294-2341
Fax: (563) 964-2485

Historical Data