Connection Bank is a state-chartered bank (fed member) headquartered in Fort Madison, Iowa, in business for about 172 years. At the end of Q2 2026 it reported $540.9M in total assets and $452.4M in deposits, with 5 offices.
Connection Bank has a TellerScore of 71 out of 100 (strong) based on Q2 2026 data — higher than only 47% of its 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 123rd. Problem-loan coverage contributes the most (96/100, 2.2%); funding & liquidity contributes the least (36/100, 104% loans-to-deposits, 33% uninsured).
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 rose 4 points (67 → 71), mostly because the earnings component improved by 9 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 67 |
| Q3 2024 | 63 |
| Q4 2024 | 62 |
| Q1 2025 | 67 |
| Q2 2025 | 67 |
| Q3 2025 | 67 |
| Q4 2025 | 66 |
| Q1 2026 | 68 |
| Q2 2026 | 71 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.32% |
| Q3 2024 | 9.34% |
| Q4 2024 | 9.19% |
| Q1 2025 | 9.63% |
| Q2 2025 | 9.77% |
| Q3 2025 | 9.89% |
| Q4 2025 | 9.70% |
| Q1 2026 | 9.40% |
| Q2 2026 | 9.98% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.03% |
| Q3 2024 | 0.38% |
| Q4 2024 | 0.31% |
| Q1 2025 | 0.33% |
| Q2 2025 | 0.38% |
| Q3 2025 | 0.40% |
| Q4 2025 | 0.39% |
| Q1 2026 | 0.37% |
| Q2 2026 | 0.26% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.11% |
| Q3 2024 | 1.11% |
| Q4 2024 | 1.06% |
| Q1 2025 | 1.49% |
| Q2 2025 | 1.52% |
| Q3 2025 | 1.55% |
| Q4 2025 | 1.49% |
| Q1 2026 | 1.75% |
| Q2 2026 | 1.75% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | $540.9M | 9.98% | 0.26% | 1.75% | 104.1% |
| Q1 2026 | 68 | $543.5M | 9.40% | 0.37% | 1.75% | 103.2% |
| Q4 2025 | 66 | $540.1M | 9.70% | 0.39% | 1.49% | 103.4% |
| Q3 2025 | 67 | $530.2M | 9.89% | 0.40% | 1.55% | 104.0% |
| Q2 2025 | 67 | $514.8M | 9.77% | 0.38% | 1.52% | 105.6% |
| Q1 2025 | 67 | $518.3M | 9.63% | 0.33% | 1.49% | 101.5% |
| Q4 2024 | 62 | $488.6M | 9.19% | 0.31% | 1.06% | 106.6% |
| Q3 2024 | 63 | $508.9M | 9.34% | 0.38% | 1.11% | 100.4% |
| Q2 2024 | 67 | $501.1M | 9.32% | 0.03% | 1.11% | 102.7% |
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 |
|---|---|---|---|---|---|
| First Security Bank and Trust CompanyBank Charles City, IA | 68 out of 100, Moderate | $538.2M | 10.0% | 0.27% | vs |
| American Bank, National AssociationBank Le Mars, IA | 78 out of 100, Strong | $533.0M | 10.7% | 0.00% | vs |
| Peoples BankBank Clive, IA | 65 out of 100, Moderate | $529.6M | 8.1% | 0.15% | vs |
| Central State BankBank State Center, IA | 55 out of 100, Moderate | $557.8M | 10.4% | 1.42% | vs |
| The Shelby County State BankBank Harlan, IA | 74 out of 100, Strong | $523.6M | 10.0% | 0.40% | vs |
| Iowa Trust & Savings BankBank Emmetsburg, IA | 63 out of 100, Moderate | $522.0M | 10.8% | 0.79% | vs |
Deposit insurance
Is my money safe at Connection Bank?
Yes. Connection Bank is an FDIC-insured institution (FDIC certificate #955). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 33.0% of deposits ($149.4M) 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 9.98%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 12.71% (benchmark: 10%).
5 locations
Branches
Connection Bank lists 5 offices in 4 cities. Most locations:
- Fort Madison, IA (2)
- Burlington, IA (1)
- Keokuk, IA (1)
- Montrose, IA (1)
Identity & history
Profile
- Legal name
- Connection Bank
- Former names
- Fort Madison Savings Bank; Fort Madison Bank & Trust Co.
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 955
- RSSD ID
- 624246
- Primary regulator
- FED
- Holding company
- Fort Madison Financial Co
- Established
- July 1, 1854
- Headquarters
- 636 Avenue G, Fort Madison, IA 52627
- Website
- www.myconnectionbank.com
- Employees
- 62
Quick answers
Connection Bank: common questions
Is Connection Bank FDIC insured?
Yes. Connection Bank is an FDIC-insured institution (FDIC certificate #955). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Connection Bank's TellerScore?
71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Connection Bank ever failed?
There is no failure record for FDIC certificate #955 in the FDIC failed bank list.
How many branches does Connection Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Fort Madison
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Casebine Community Credit UnionCredit union Burlington, IA | 95 out of 100, Very strong | $29.1M | 22.5% | 0.08% | vs |
| Town & Country Bank MidwestBank Quincy, IL | 92 out of 100, Very strong | $279.3M | 14.9% | 0.15% | vs |
| Lee County Credit UnionCredit union Keokuk, IA | 91 out of 100, Very strong | $3.2M | 31.8% | 0.00% | vs |
| Du Pont Employees Credit UnionCredit union Fort Madison, IA | 84 out of 100, Strong | $6.8M | 11.8% | 0.00% | vs |
| State Central BankBank Bonaparte, IA | 84 out of 100, Strong | $63.2M | 16.1% | 1.11% | vs |
| Farmers Savings BankBank Wever, IA | 80 out of 100, Strong | $130.5M | 13.7% | 0.27% | vs |