Sanborn Savings Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Sanborn Savings Bank was founded on February 1, 1899 by James H. Daly. When the railroad came to town in 1878 Mr. Daly came with it as a roundhouse mechanic. Leaving the employ of the Milwaukee Road in 1889 James worked as an officer at various local banks until purchasing the First National Bank of Sanborn and renaming it the Sanborn Savings Bank.

Sanborn Savings Bank is a home-owned, home-managed financial institution. From Star Savers Kids Club to Money Market Checking and Savings accounts the bank have deposit and transaction accounts that will help you manage your money. Banks loan products cover a wide range of options. Sanborn Savings Bank offers all types of loans; from Liberty Line Checking account protection loan to loans for the purchase and operation of your commercial or agricultural business, to loans for the purchase or improvement of your home the bank can tailor a loan program to meet your individual financial requirements.

Sanborn Savings Bank
219 Main Street, P.O. Box 539
Sanborn, Iowa 51248
Phone: 712-930-3211
Toll Free: 800-409-8455
Fax: 712-930-3220