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Readlyn Savings Bank, Financial Information

AboutReadlyn Savings Bank

 Address:
141 Main Street
Readlyn,IA
Bremer County,Iowa
 Established:
May 1904
 Number of domestic offices:
1
Agriculture bank
Total assets$83M
Net income$1M
Net income,quarterly$0M
Total deposits$59M
Domestic deposits$59M
Equity capital$13M
ROA1.46%
ROAQ,quarterly1.34%
ROA,pretax1.34%
ROAQ,quarterly,pretax1.35%
ROE9.37%
ROEQ,quarterly8.57%
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.

For over 100 years Readlyn Savings Bank and the town of Readlyn have been the best of partners and neighbors. From an investment of $10,000 to today's total assets of nearly $40 million, RSB has grown with Readlyn from being a stop along the Great Western Railroad to the thriving community it is today. The train tracks might be gone and the Bank might be "new" but it's still the same great Town of Readlyn it has been since 1904.

Readlyn Savings Bank 141 Main Street, P.O. Box 40 Readlyn, IA 50668 Tel. 319-279-3321 Fax 319-279-3382

Historical Data