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United Bank of Iowa, Financial Information

AboutUnited Bank of Iowa

 Address:
501 2nd Street
Ida Grove,IA
Ida County,Iowa
 Established:
Feb 1932
 Number of domestic offices:
36
Agriculture bank
Total assets$1,867M
Net income$25M
Net income,quarterly$7M
Total deposits$1,551M
Domestic deposits$1,551M
Equity capital$207M
ROA1.39%
ROAQ,quarterly1.47%
ROA,pretax1.47%
ROAQ,quarterly,pretax1.55%
ROE12.62%
ROEQ,quarterly13.33%
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.

United Bank of Iowa is an independent financial services organization focusing on creating and maintaining personalized customer relationships. The Ida County State Bank began banking business in February of 1932. Its first statement in June of that year reported assets of $271,695.00.

United Bank of Iowa is wholly owned by the holding company, Ida Grove Bancshares, Inc. of Ida Grove, Iowa. United Bank of Iowa also has offices located in Arthur, Carroll, Charter Oak, Churdan, Denison, Dunlap, Fort Dodge, Galva, Glidden, Harlan, Holstein, Kingsley, Kiron, Lake City, Lohrville, Moorhead, Moville, Odebolt, Pierson, Rockwell City, Sac City, Schleswig, and Storm Lake.

Main Office
501 2nd St.
Ida Grove, IA 51445
Phone: 712-364-3393
Fax: 712-364-3293

Lobby Hours
9:00-4:00 Monday-Thursday
9:00-6:00 Friday
9:00-Noon Saturday

Historical Data