Palo Savings Bank, Financial Information

AboutPalo Savings Bank

 Address:
2801 Hollenbeck Road
Palo,IA
Linn County,Iowa
 Established:
Jan 1908
 Number of domestic offices:
1
Agriculture bank
Total assets$46M
Net income$0M
Net income,quarterly$0M
Total deposits$40M
Domestic deposits$40M
Equity capital$5M
ROA0.66%
ROAQ,quarterly0.57%
ROA,pretax0.57%
ROAQ,quarterly,pretax0.59%
ROE5.5%
ROEQ,quarterly4.89%
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.

Palo Savings Bank is a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The bank was established in 1908.

Palo Savings Bank
606 1st Street
Palo, IA 52324
Phone: (319) 851-2241
Fax: (319) 851-2231