South Ottumwa Savings Bank, Financial Information

AboutSouth Ottumwa Savings Bank

 Address:
320 Church Street
Ottumwa,IA
Wapello County,Iowa
 Established:
Jan 1903
 Number of domestic offices:
7
Total assets$559M
Net income$6M
Net income,quarterly$2M
Total deposits$448M
Domestic deposits$448M
Equity capital$72M
ROA1.24%
ROAQ,quarterly1.33%
ROA,pretax1.33%
ROAQ,quarterly,pretax1.4%
ROE9.54%
ROEQ,quarterly10.19%
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.

South Ottumwa Savings Bank provides checking and savings accounts and personal and business loans. It offers several mortgage and loan options for the purchase of vehicles and homes.

South Ottumwa Savings Bank also provides online banking, money management, financial consultation, and trust and estate planning services. In addition, the bank offers debit, credit and gift cards. South Ottumwa Savings Bank provides various retirement services, such as investment management and plan administration.

The bank has several ATM locations throughout the state of Iowa. Additionally, South Ottumwa Savings Bank offers telephone banking services. It is a member of the Federal Deposit Insurance Corporation.