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Blue Grass Savings Bank, Financial Information

AboutBlue Grass Savings Bank

 Address:
104 East Mayne Street
Blue Grass,IA
Scott County,Iowa
 Established:
Jan 1902
 Number of domestic offices:
2
Total assets$219M
Net income$2M
Net income,quarterly$0M
Total deposits$178M
Domestic deposits$178M
Equity capital$32M
ROA0.93%
ROAQ,quarterly0.83%
ROA,pretax0.83%
ROAQ,quarterly,pretax1.02%
ROE6.17%
ROEQ,quarterly5.56%
UpdatedMay 20, 2021

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.

Blue Grass Savings Bank was established in 1901. October 23, 1901 the Articles of Incorporation were approved, building plans were drawn and a new building started. The original building, built on the corner of Mayne and Mississippi, cost $44,344.45 including lot and fixtures. Some of the early expenditures included $715.00 to the Diebold Company for a safe and $85.00 for a vault door.

In 1947, the 1902 building was added on to and remodeled. In 1971, that facility was demolished and a new building was constructed. A new red brick building was constructed in 2006.

Blue Grass Savings Bank, Main Office
104 East Mayne Street
Blue Grass, IA 52726
Phone: 563-381-1732
Fax: 563-381-2317

Historical Data