Boone Bank & Trust Co. is a state-chartered bank headquartered in Boone, Iowa, in business for about 34 years. At the end of Q2 2026 it reported $156.9M in total assets and $143.0M in deposits, with 2 offices.
Based on its Q2 2026 filing, Boone Bank & Trust Co. scores 48/100, which we describe as below average. That is higher than only 6% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 214th. Its strongest component is funding & liquidity (77/100; 55% loans-to-deposits, 36% uninsured), and its lowest is loan quality (18/100; 2.45%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 20 points (68 → 48), mostly because the loan quality component weakened by 82 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 65 |
| Q3 2024 | 65 |
| Q4 2024 | 66 |
| Q1 2025 | 66 |
| Q2 2025 | 68 |
| Q3 2025 | 68 |
| Q4 2025 | 69 |
| Q1 2026 | 53 |
| Q2 2026 | 48 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.96% |
| Q3 2024 | 9.21% |
| Q4 2024 | 9.14% |
| Q1 2025 | 9.17% |
| Q2 2025 | 9.22% |
| Q3 2025 | 9.50% |
| Q4 2025 | 9.44% |
| Q1 2026 | 9.74% |
| Q2 2026 | 9.72% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.04% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.00% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.00% |
| Q1 2026 | 1.92% |
| Q2 2026 | 2.45% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.32% |
| Q3 2024 | 0.30% |
| Q4 2024 | 0.38% |
| Q1 2025 | 0.53% |
| Q2 2025 | 0.60% |
| Q3 2025 | 0.62% |
| Q4 2025 | 0.65% |
| Q1 2026 | 0.96% |
| Q2 2026 | 0.88% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 48 | $156.9M | 9.72% | 2.45% | 0.88% | 54.8% |
| Q1 2026 | 53 | $173.9M | 9.74% | 1.92% | 0.96% | 47.1% |
| Q4 2025 | 69 | $160.4M | 9.44% | 0.00% | 0.65% | 53.6% |
| Q3 2025 | 68 | $176.7M | 9.50% | 0.00% | 0.62% | 46.0% |
| Q2 2025 | 68 | $157.8M | 9.22% | 0.00% | 0.60% | 52.5% |
| Q1 2025 | 66 | $175.5M | 9.17% | 0.00% | 0.53% | 44.5% |
| Q4 2024 | 66 | $156.7M | 9.14% | 0.00% | 0.38% | 49.5% |
| Q3 2024 | 65 | $177.8M | 9.21% | 0.00% | 0.30% | 42.8% |
| Q2 2024 | 65 | $159.4M | 8.96% | 0.04% | 0.32% | 45.0% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Hiawatha Bank and Trust CompanyBank Hiawatha, IA | 74 out of 100, Strong | $156.9M | 11.0% | 0.22% | vs |
| Federation BankBank Washington, IA | 83 out of 100, Strong | $155.8M | 10.5% | 0.20% | vs |
| Audubon State BankBank Audubon, IA | 78 out of 100, Strong | $155.3M | 10.5% | 0.20% | vs |
| Citizens Savings BankBank Spillville, IA | 88 out of 100, Very strong | $151.1M | 15.5% | 0.05% | vs |
| Farmers State BankBank Algona, IA | 76 out of 100, Strong | $150.5M | 12.7% | 0.91% | vs |
| Readlyn Savings BankBank Readlyn, IA | 66 out of 100, Moderate | $148.3M | 19.3% | 3.04% | vs |
Deposit insurance
Is my money safe at Boone Bank & Trust Co.?
Yes. Boone Bank & Trust Co. is an FDIC-insured institution (FDIC certificate #33552). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 36.4% of deposits ($52.0M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.72%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.53% (benchmark: 10%).
2 locations
Branches
Boone Bank & Trust Co. lists 2 offices in 1 city. Most locations:
- Boone, IA (2)
Identity & history
Profile
- Legal name
- Boone Bank & Trust Co.
- Former names
- Boone Bank & Trust Company
- Type
- State-chartered bank
- FDIC certificate #
- 33552
- RSSD ID
- 745347
- Primary regulator
- FDIC
- Holding company
- Ames National Corp
- Established
- January 16, 1992
- Headquarters
- 716 8th St, Boone, IA 50036
- Website
- www.boonebankiowa.com
- Employees
- 17
Quick answers
Boone Bank & Trust Co.: common questions
Is Boone Bank & Trust Co. FDIC insured?
Yes. Boone Bank & Trust Co. is an FDIC-insured institution (FDIC certificate #33552). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Boone Bank & Trust Co.'s TellerScore?
48 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Boone Bank & Trust Co. ever failed?
There is no failure record for FDIC certificate #33552 in the FDIC failed bank list.
How many branches does Boone Bank & Trust Co. have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Boone
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Security Savings BankBank Gowrie, IA | 89 out of 100, Very strong | $193.7M | 13.2% | 0.04% | vs |
| Community State BankBank Paton, IA | 89 out of 100, Very strong | $41.4M | 20.2% | 0.00% | vs |
| First State BankBank Webster City, IA | 81 out of 100, Strong | $674.3M | 12.4% | 0.12% | vs |
| Community Choice Credit UnionCredit union Johnston, IA | 79 out of 100, Strong | $922.9M | 12.7% | 0.57% | vs |
| Rolling Hills Bank & TrustBank Atlantic, IA | 77 out of 100, Strong | $484.4M | 11.8% | 0.30% | vs |
| GNB BankBank Grundy Center, IA | 76 out of 100, Strong | $621.3M | 12.2% | 0.62% | vs |