Summary
The condition of Iowa banks remains sound, reported Vaughn Noring of the Iowa Division of Banking at the Iowa Independent Bankers convention. The average pre-tax return on assets for an Iowa bank at the end of the first quarter was 1.27%. Iowa banks rank 46th in the nation with a net interst mragin of 3.63%, down from 3.73% last year when the state's banks also ranked 46th.
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Extract
Iowa Banks Looking Good, Regulator Says
The condition of Iowa banks remains sound, reported Vaughn Noring of the Iowa Division of Banking at the Iowa Independent Bankers c...
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