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Banks · Iowa

Connection Bank

Fort Madison, IA · FDIC Certificate #955 · Chartered 07/0

Total assets
$540.91M
Total deposits
$452.37M
Total equity
$55.64M
Net loans
$470.71M
Branches (offices)
5
Net income (YTD)
$4.75M
Rank: #1,692 of 4,213 U.S. banks by assets · #55 of 225 in Iowa. Assets changed 5.1% and deposits 4.8% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.75%
Return on equity17.44%
Net interest margin (YTD)3.84%
Equity to assets10.29%
Tier 1 leverage ratio9.98%
Uninsured deposits (share of deposits)33.0%
Noncurrent loans (share of loans)0.26%
Net charge-offs (share of loans)0.07%
Loans to deposits104.1%
Real estate loans (share of loans)84.2%

Loan mix

CategoryAmountShare
Real estate loans$396.14M
84.2%
Commercial & industrial$59.97M
12.7%
Consumer / individual$6.70M
1.4%
Construction & development$15.80M
3.4%
Agricultural$9.99M
2.1%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$395.32M$349.88M$2.02M$43.01M
Jun 2023$466.05M$383.57M$3.08M$45.88M
Jun 2024$501.08M$416.12M$2.76M$47.59M
Jun 2025$514.81M$431.44M$3.86M$51.17M
Jun 2026$540.91M$452.37M$4.75M$55.64M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Iowa$452.37M5

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $452.37M.

Similar-sized banks

Merchants & Farmers Bank & Trust Company ($541.45M) · Rayne State Bank & Trust Company ($540.52M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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