Green Belt Bank & Trust


Green Belt Bank & Trust is an FDIC insured institution headquartered at 616 Washington Ave, Iowa Falls, IA 50126.
It was founded in 1986 and has approximately $1 billion in assets. Customers can open an account at one of its 8 branches.

Deposit Rates - December 21, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26760
Date Established 1986
Assets $ 681.03 million
Loans $ 563.21 million
Deposits $ 592.76 million
Capital $ 58.91 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 11.31 million
Interest-bearing balances $ 3.34 million
Total securities $ 56.06 million
Federal funds sold and reverse repurchase $ 22.39 million
Net loans and leases $ 563.21 million
Loan loss allowance $ 8.22 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 3.06 million
All other assets $ 13.92 million
     Total Assets $ 622.12 million

LIABILITIES
Total deposits $ 592.76 million
      Interest-bearing deposits $ 534.09 million
      Deposits held in domestic offices $ 592.76 million
      % insured (estimated) 66.34%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 7.08 million
Subordinated debt N.A.
All other liabilities $ 1.01 millionn
      Total Liabilities $ 622.12 million
      Shareholders’ Equity $ 58.91 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 17.51 million
Total Interest Expense $ 8.34 million
Net interest income $ 9.17 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 1.54 million
Total non interest expense $ 6.58 million
Pre-tax Net Operating Income $ 5.33 million

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Branches

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Green Belt Bank & Trust Locations