Institution Profile
Address: 117 W 1st St Monticello, IA 52310
Website:
FDIC Profile:
Established:
3/11/1931
Branches:
8
Branches by Region
IA 8
Financial Overview
Total Assets
$596.31M
Total Deposits
$544.02M
Total Loans
$330.24M
Equity Capital
$35.49M
Employees
70
Allowance for Loan Losses
$3.79M
Performance Ratios
Net Worth Ratio
5.95%
Loan-to-Deposit Ratio
60.70%
Coverage Ratio
1.15% Allowance / Total Loans
Net Income
$3.98M
Return on Assets (ROA)
0.70%
Return on Equity (ROE)
13.90%
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +41.44% Total Deposits: +58.32% Total Loans: +46.23% since 2020 Q1
Employee Growth
Employee Growth
Employees: +7.69% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
Farmland
$92.46M 28.0%
Agricultural
$83.75M 25.4%
Commercial Real Estate
$55.66M 16.9%
1-4 Family Residential
$40.39M 12.2%
Commercial & Industrial
$39.91M 12.1%
Construction
$5.21M 1.6%
Municipal
$5.10M 1.5%
Auto Loans
$3.02M 0.9%
Other Consumer
$2.25M 0.7%
Multifamily
$2.09M 0.6%
Portfolio Distribution
SBA 7(a) Loan Originations
Quarterly SBA origination activity and guaranteed exposure
SBA 7(a) Originations vs Cancellations per Quarter
SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars
Net Income Trend
Net Income Trend
Net Income: +91.22% since 2020 Q1
Historical Data Table
| Quarter | Total Assets | Total Deposits | Total Loans | Net Income | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | $596.31M | $544.02M | $330.24M | $3.98M | 70 |
| 2025 Q3 | $570.44M | $517.74M | $304.91M | $2.44M | 70 |
| 2025 Q2 | $563.58M | $515.46M | $304.71M | $1.31M | 70 |
| 2025 Q1 | $559.31M | $515.29M | $296.38M | $786,000 | 69 |
| 2024 Q4 | $550.16M | $502.33M | $290.21M | $2.24M | 68 |
| 2024 Q3 | $538.38M | $489.73M | $271.00M | $1.50M | 69 |
| 2024 Q2 | $514.04M | $462.76M | $257.15M | $1.06M | 72 |
| 2024 Q1 | $511.36M | $466.59M | $257.65M | $273,000 | 71 |
| 2023 Q4 | $521.77M | $460.46M | $262.65M | $1.38M | 73 |
| 2023 Q3 | $490.78M | $456.78M | $243.96M | $2.00M | 72 |
| 2023 Q2 | $493.06M | $452.36M | $239.68M | $1.57M | 70 |
| 2023 Q1 | $484.44M | $438.69M | $238.21M | $906,000 | 71 |
| 2022 Q4 | $489.45M | $451.40M | $242.82M | $6.63M | 71 |
| 2022 Q3 | $474.26M | $434.15M | $228.51M | $5.25M | 68 |
| 2022 Q2 | $479.71M | $455.08M | $223.13M | $3.19M | 67 |
| 2022 Q1 | $482.57M | $434.16M | $215.46M | $1.51M | 68 |
| 2021 Q4 | $499.84M | $420.82M | $216.99M | $9.56M | 67 |
| 2021 Q3 | $483.23M | $405.26M | $202.44M | $8.21M | 67 |
| 2021 Q2 | $481.37M | $407.75M | $199.54M | $5.56M | 67 |
| 2021 Q1 | $461.12M | $389.34M | $210.87M | $3.29M | 66 |
| 2020 Q4 | $451.16M | $375.25M | $215.10M | $7.63M | 65 |
| 2020 Q3 | $434.10M | $355.27M | $217.58M | $5.90M | 65 |
| 2020 Q2 | $439.07M | $363.51M | $219.02M | $3.92M | 66 |
| 2020 Q1 | $421.61M | $343.63M | $225.84M | $2.08M | 65 |