Sloan State Bank, Financial Information

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.

Sloan State Bank offers many services, such as Checking and Savings Accounts, Time Certificates of Deposit, IRA’s, Ag and Commercial Loans, Real Estate Loans, Safe Deposit Boxes, Christmas Club Savings Accounts and more.

Operating loans for the production of crops and livestock are available. Sloan State Bank offers very competitive rates with service that has decades long commitment to farming. The bank will provide telephone or automatic advances for your convenience as well. Banks loan officers will help you prepare a balance sheet, cash flow, and financial analysis on an annual basis.

Sloan State Bank have several different options regarding the financing of machinery and breeding stock. Fixed or variable terms with low rates and sound structuring will help you fund this portion of your business. The bank have reasonable loan terms and will help you setup repayment schedules that fit your cash flow.

302 - 4th Street
Sloan, Iowa 51055
Phone: (712) 428-3344

524 Whittier Street
Whiting, Iowa 51063
Phone: (712) 455-2412