Defiance State Bank
FDIC #17450
📍 Defiance, Iowa
Defiance State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 09/01/1951. With assets of $42.13 Million, it operates 2 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: September 1, 2019
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
September 1, 2019
Satisfactory
September 1, 2013
Satisfactory
June 5, 2008
Satisfactory
💰 Financial Strength
Total Assets$42.13 Million
Total Deposits$31.78 Million
Equity Capital$3.78 Million
Net Income$318,000
📈 Performance
ROA0.99%
ROE11.59%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established09/01/1951
FDIC Cert17450
Holding CoUnion Bcorp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 3:30 PM
Tuesday8:30 AM - 3:30 PM
Wednesday8:30 AM - 3:30 PM
Thursday8:30 AM - 3:30 PM
Friday8:30 AM - 5:00 PM
Saturday8:30 - 11:00 AM
SundayClosed
📜 Institutional History
2011
Relocation
Moved HQ to: 201 Main Ave., Defiance, IA 51527.