h digitalfootprint web 728x90

Banking and Finance

DSC 6869

West Bancorporation and Ames National among top community banks

Two Central Iowa bank holding companies rank among the top 20 in the country for their asset size. Bank Director magazine ranked West Bancorporation Inc. of West Des Moines No. 9 and Ames National Corp. in Ames …

DSC 6869

Second-quarter profits a record for West Bancorporation

West Bancorporation Inc. reported second-quarter net income of $5.5 million, or 34 cents per share, the highest second-quarter profit level ever recorded by the parent of West Bank. In the second quarter of 2015, West …

DSC 6869

German takes seat as president of Iowa bankers organization

Tim German, president of F & M Bank in Cedar Rapids, is the latest president of the Community Bankers of Iowa board. A native of State Center, he joined Brenton Bank in 1985 after graduating …

DSC 6869

M&A activity down 28 percent in Midwest

Merger and acquisition activity in the Midwest declined 28.2 percent in the first half of 2016, according to a new report from MergerMarket. M&A activity in the 12 Midwestern states tracked by MergerMarket totaled 429 transactions worth …

DSC 6869

Increase in lending boosts profits for Ames National Corp.

Bank holding company Ames National Corp. reported that loans increased $36 million in the quarter ended June 30 compared with the second quarter of 2015, helping to boost profits to $4 million, or 44 cents per share, …

DSC 6869

Increase in lending boosts profits for Ames National Corp.

Bank holding company Ames National Corp. reported that loans increased $36 million in the quarter ended June 30 compared with the second quarter of 2015, helping to boost profits to $4 million, or 44 cents per share, …

DSC 6869

Wells Fargo seeks community development grant applications

Wells Fargo is currently accepting grant requests for community development-related organizations and projects. The deadline is July 15 for grant requests that: create and sustain affordable housing for low- and moderate-income individuals; promote economic development …

DSC 6869

Most millennial small-business owners are in it for the long haul, survey finds

Millennial small-business owners are committed to their businesses for the long term and are willing to take calculated financial risks and incur debt in order to expand their businesses, according to a new Wells Fargo study of…
DSC 6869

Cedar Rapids credit union plans 5 branches in Greater Des Moines

Collins Community Credit Union has opened a branch at the Price Chopper grocery store at 3435 Ingersoll Ave. and plans to open more branches at Price Choppers at 5540 86th St. in Johnston and 4343 …

DSC 6869

West Bancorporation moves up in rankings of top community banks

West Bancorporation Inc. moved to the No. 13 spot on American Banker’s ranking of the top publicly traded banks and thrifts with average assets of less than $2 billion. The evaluation was based on 2015 …