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Connection Bank
Connection Bank
RSSD ID 624246 | CERTIFICATE 955 | ABA NUMBER 73901314 |
636 Avenue G |
Quarter Ended : |
2025-03-31 |
Fort Madison, Iowa, 52627 |
Updated : |
2025-04-28 |
WWW.MYCONNECTIONBANK.COM |
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Institution Profile |
Year Opened : |
1854 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FED |
Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
5 |
Number of Employees : |
61 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 518,287 |
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Total Interest Income | 6,514 |
Total Liabilities | 468,495 |
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Total NonInterest Income | 658 |
Total Bank Equity Capital | 49,792 |
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Total Interest Expense | 2,447 |
Total Deposits | 439,065 |
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Total NonInterest Expense | 2,740 |
Net Loans & Leases | 445,598 |
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Net Income | 1,874 |
Loan Loss Allowance | 4,994 |
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Net Charge Offs | 11 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 53,373 |
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Total loans | 446,933 |
Total assets for the leverage ratio | 502,001 |
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Loans secured by real estate: | 369,533 |
Tier 1 Leverage Ratio | 9.63 |
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Commercial and industrial loans | 56,999 |
Tier 1 Capital Ratio | 10.89 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 12.02 |
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Loans to individuals - Other | 6,614 |
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